Orissa Magnetics Private Limited
About Orissa Magnetics Private Limited
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Orissa Magnetics Private Limited is a private limited company based in Cuttack, Odisha, India, a subsidiary of Osl Securities Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U32303OR1998PTC005415. Its GSTIN is 21AAACO6052H1ZU (Odisha).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors including Sitakanta Kar (Managing Director) and Suryakanta Kar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No C 1123 Sector 6C.D.A. Bidanashi, Cuttack, Odisha, India – 753014.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.08 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹42,000 (net margin 2.5%) and EBITDA of ₹1.4 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹1.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Orissa Magnetics Private Limited's registered office is in Cuttack, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No C 1123 Sector 6C.D.A. Bidanashi, Cuttack, Odisha, India – 753014
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Orissa Magnetics Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Orissa Magnetics is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Orissa Magnetics Private Limited, buy the company report.
Financials of Orissa Magnetics Private Limited
FY 2025 filings availableOrissa Magnetics Private Limited reported revenue of ₹17.08 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 4% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.4 Lakh | ||||
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| Net Profit (PAT) | ₹42,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Orissa Magnetics Private Limited, buy the company report.
Board of directors of Orissa Magnetics Private Limited
Orissa Magnetics has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charchit Mishra Also directs: Golden Eagle Partners LLP, Nandighosh Coal and Coke Product Private Limited, Kalinga Shipyard Private Limited and 5 more | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Sitakanta Kar | Managing Director | 13 Aug 1998 | 28 Years 2 Months | Current |
| Mahimananda Mishra Also directs: Bhatia Osl Washeries & Minerals Limited, Osl Irc Enterprises Private Limited, Konarak Jute Limited and 1 more | Director | 28 Dec 2002 | 23 Years 10 Months | Current |
| Suryakanta Kar | Whole-Time Director | 13 Aug 1998 | 28 Years 2 Months | Current |
Auditor
Orissa Magnetics Private Limited is audited by SATAPATHY & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATAPATHY & ASSOCIATES | FY 2020 | 324904E |
Shareholding
The shareholding of Orissa Magnetics Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Orissa Magnetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2002 | 90080056 | Industrial Promotion & Investiment Corp. Orrissa Ltd. | ₹1.2 Cr | Satisfied |
To see the full charge records of Orissa Magnetics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Orissa Magnetics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Orissa Magnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Orissa Magnetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACO6052H1ZU | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Orissa Magnetics Private Limited, buy the company report.
Recent activity
Orissa Magnetics Private Limited has 4 board changes on record since 1998: 4 appointments. The latest: Charchit Mishra was appointed as Director on 30 Sep 2004.
Frequently asked questions
Orissa Magnetics is an active private limited company based in Cuttack, Odisha, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 August 1998 (28+ years old) and is registered under CIN U32303OR1998PTC005415.
Orissa Magnetics has 4 current directors:
- Sitakanta Kar - Managing Director
- Suryakanta Kar - Whole-Time Director
- Charchit Mishra - Director
- Mahimananda Mishra - Director
The latest financial statements of Orissa Magnetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Orissa Magnetics is 21AAACO6052H1ZU, registered in Odisha.
The CIN (Corporate Identification Number) of Orissa Magnetics is U32303OR1998PTC005415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orissa Magnetics was incorporated on 13 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Cuttack.
Charchit Mishra was appointed as Director on 30 Sep 2004. Mahimananda Mishra was appointed as Director on 28 Dec 2002. Sitakanta Kar was appointed as Managing Director on 13 Aug 1998. Orissa Magnetics has 4 board changes on record in total.
The registered office of Orissa Magnetics is at Plot No C 1123 Sector 6C.D.A. Bidanashi, Cuttack, Odisha, India – 753014.
Orissa Magnetics operates in the financial services industry, in the real estate financing segment.
Orissa Magnetics has no open charges and satisfied charges of ₹1.2 Cr as per latest MCA filings.
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