Asian Magnetic Devices Private Limited

Manufactures electronic products and components, established in 1988.

1988 | Kolkata, West Bengal (India) | Merged
Last Updated: January 16, 2025

Asian Magnetic Devices Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 2.05 Cr
  • Revenue Growth -21.85%
  • Profit Growth -39.38%
  • Ebitda -47.62%
  • Net Worth 7.60%
  • Total Assets -8.26%

About Asian Magnetic Devices

Asian Magnetic Devices Private Limited (AMDPL) is Amalgamated company established on 25 May 1988 with its office registered at Kolkata, West Bengal, India and has been running since 36 Year, 8 Months with a paid up capital of 4.00 M. According to MCA records, 2 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32109WB1988PTC095530

  • Company No.

    095530

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 1988

  • Date of AGM

    27 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Asian Magnetic Devices?

Board Members (2)

Name Designation Appointment Date Status
Rakesh Sethia Country flag representing In Director 25-May-1997 Current
Gaurav Sethia Country flag representing In Director 02-Dec-2013 Current

Financial Performance of Asian Magnetic Devices.

Asian Magnetic Devices Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 21.85% decrease. The company also saw a substantial fall in profitability, with a 39.38% decrease in profit. The company's net worth moved up by a moderate rise of 7.6%.

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
-21.85%
Revenue from Operations
-21.82%
Total Assets
-8.26%
Profit or Loss
-39.38%
Net Worth
7.60%
EBITDA
-47.62%

What is the Ownership and Shareholding Structure of Asian Magnetic Devices?

In 2017, Asian Magnetic Devices had a promoter holding of 41.50% and a public holding of 58.50%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹20.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.05 Cr
  • Pyramid Finance Ltd : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
11 Sep 2008 Pyramid Finance Ltd ₹1.00 Cr Satisfied
23 Mar 1998 State Bank Of India ₹1.05 Cr Satisfied

How Many Employees Work at Asian Magnetic Devices?

Unlock and access historical data on people associated with Asian Magnetic Devices, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asian Magnetic Devices, 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 Asian Magnetic Devices'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 Asian Magnetic Devices

Recent activity within the organization

  • Annual General Meeting

    Asian Magnetic Devices Private Limited last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records.

    27 Sep 2019

  • Balance Sheet

    Asian Magnetic Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Kolkata.

    31 Mar 2019

  • Director Appointment

    Gaurav Sethia was appointed as a Director was appointed as a Director on 02 Dec 2013 & has been associated with this company since 11 years 2 months .

    02 Dec 2013

  • Charges

    A charge registered on 23 Mar 1998 via Charge ID 90254981 with State Bank Of India was fully satisfied on 14 Jul 2011.

    14 Jul 2011

  • Charges

    A charge registered on 11 Sep 2008 via Charge ID 10126309 with Pyramid Finance Ltd was fully satisfied on 25 Oct 2010.

    25 Oct 2010

  • Charges

    A charge with Pyramid Finance Ltd amounted to Rs. 10.00 M with Charge ID 10126309 was registered on 11 Sep 2008.

    11 Sep 2008

Frequently asked questions

  • Asian Magnetic Devices Private Limited was incorporated on 25 May 1988.

  • The authorized share capital of Asian Magnetic Devices Private Limited is ₹ 7.50 M and paid-up capital is ₹ 4.00 M.

  • Currently 2 directors are associated with Asian Magnetic Devices Private Limited.

    • Rakesh Sethia
    • Gaurav Sethia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asian Magnetic Devices Private Limited is 143 Cotton Street India, Kolkata, West Bengal, 700007.

  • The corporate identification number (CIN) of Asian Magnetic Devices Private Limited is U32109WB1988PTC095530 and the company number is 095530 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Asian Magnetic Devices Private Limited has fallen by -21.85%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Asian Magnetic Devices Private Limited has experienced an upsurge of 7.60%.

  • The most recent Balance Sheet for Asian Magnetic Devices Private Limited was filed with the ROC on 31 Mar 2019.

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