Accurate Magnets Private Limited

Produces various types of magnets for electrical, automotive, and computer industries.

1995 | Jaipur, Rajasthan (India) | Active
Last Updated: October 24, 2024

Accurate Magnets Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.00 M
  • Satisfied Charges ₹ 1.39 Cr
  • Revenue Growth 19.51%
  • Profit Growth -5500.39%
  • Ebitda -778.34%
  • Net Worth -57.73%
  • Total Assets -6.93%

About Accurate Magnets

Accurate Magnets Private Limited (AMPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 May 1995 and has a history of 29 years and nine months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹1.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunit Bakliwal, Neeraj Gaur, Usha Pandya, and One other member serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24117RJ1995PTC009969

  • Company No.

    009969

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Machinery and Equipment

What products or services does Accurate Magnets Private Limited offer?

Accurate Magnets Private Limited offers a wide range of products and services, including Bar, Neodymium & Permanent Magnets, Alnico Magnets.

Who are the key members and board of directors at Accurate Magnets?

Board Members (4)

Name Designation Appointment Date Status
Sunit Bakliwal Country flag representing In Director 04-May-1995 Current
Neeraj Gaur Country flag representing In Director 04-May-1995 Current
Usha Pandya Country flag representing In Director 04-May-1995 Current
Yogendra Sharma Country flag representing In Director 04-Apr-2001 Current

Financial Performance of Accurate Magnets.

Accurate Magnets Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.51% increase. The company also saw a substantial fall in profitability, with a 5500.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 57.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
19.51%
Revenue from Operations
19.49%
Total Assets
-6.93%
Profit or Loss
-5500.39%
Net Worth
-57.73%
EBITDA
-778.34%

What is the Ownership and Shareholding Structure of Accurate Magnets?

In 2023, Accurate Magnets had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.00 M

Satisfied Charges

₹13.91 M

Charges Breakdown by Lending Institutions

  • Others : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2017 Others ₹9.00 M Open
20 Jun 2020 Others ₹0.66 M Satisfied
25 Aug 2014 Union Bank Of India ₹0.95 M Satisfied
27 Sep 2007 Union Bank Of India ₹1.00 M Satisfied
04 Jan 2007 Union Bank Of India ₹1.00 M Satisfied

How Many Employees Work at Accurate Magnets?

Accurate Magnets has a workforce of 10 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accurate Magnets, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Accurate Magnets's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Accurate Magnets

Recent activity within the organization

  • Annual General Meeting

    Accurate Magnets Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 9.00 M registered on 29 Jul 2017 with Charge ID 100121402 was modified on 10 Jul 2024.

    10 Jul 2024

  • Balance Sheet

    Accurate Magnets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge registered on 20 Jun 2020 via Charge ID 100358415 with Others was fully satisfied on 25 Oct 2023.

    25 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 0.66 M with Charge ID 100358415 was registered on 20 Jun 2020.

    20 Jun 2020

  • Charges

    A charge registered on 25 Aug 2014 via Charge ID 10525993 with Union Bank Of India was fully satisfied on 08 Mar 2018.

    08 Mar 2018

Frequently asked questions

  • Accurate Magnets Private Limited was incorporated on 04 May 1995.

  • The authorized share capital of Accurate Magnets Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Accurate Magnets Private Limited.

    • Sunit Kumar Bakliwal
    • Neeraj Gaur
    • Usha Pandya
    • Yogendra Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Magnets Private Limited is G-169 Riico Industrial Area Sitapura Tonk Road, India, Jaipur, Rajasthan, 302022.

  • The corporate identification number (CIN) of Accurate Magnets Private Limited is U24117RJ1995PTC009969 and the company number is 009969 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Accurate Magnets Private Limited has risen by 19.51%.

  • As Per 2023 financial reports, 10 employees are currently employed by Accurate Magnets Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Accurate Magnets Private Limited has experienced an downturn of -57.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Accurate Magnets Private Limited amount to ₹ 9.00 M.

  • The most recent Balance Sheet for Accurate Magnets Private Limited was filed with the ROC on 31 Mar 2024.