Dura Magnets Profile
Key Indicators
- Authorised Capital ₹ 5.60 M
- Paid Up Capital ₹ 0.92 M
- Company Age 44 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.10 Cr
- Revenue Growth -15.34%
- Profit Growth -74.74%
- Ebitda -69.04%
- Net Worth 1.93%
- Total Assets 2.65%
About Dura Magnets
Dura Magnets Pvt Ltd (DMPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 1980 and has a history of 44 years and eight months. Its registered office is in Pune, Maharashtra, 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 5.60 M and a paid-up capital of Rs 0.92 M.
The company currently has active open charges totaling ₹15.10 Cr.
Keyur Bhat, Ravindra Mahabaleshwarkar, and Vidya Bhat serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31904MH1980PTC022854
- Company No.
022854
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jul 1980
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Dura Magnets Pvt Ltd offer?
Dura Magnets Pvt Ltd offers a wide range of products and services, including Bar, Neodymium & Permanent Magnets, Neodymium Magnets, Alnico Magnets, Magnet, Horseshoe Magnets, Alnico Ring Magnet, Round Bars.
Who are the key members and board of directors at Dura Magnets?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Keyur Bhat  | Managing Director | 01-Jul-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravindra Mahabaleshwarkar | Director | 29-Oct-2021 | Current |
| Vidya Bhat | Director | 25-Feb-2015 | Current |
Financial Performance of Dura Magnets.
Dura Magnets Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 15.34% decrease. The company also saw a substantial fall in profitability, with a 74.74% decrease in profit. The company's net worth moved up by a moderate rise of 1.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Dura Magnets?
In 2021, Dura Magnets had a promoter holding of 79.60% and a public holding of 20.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹150.97 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 15.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Axis Bank Limited | ₹4.25 Cr | Open |
| 25 Mar 2022 | Axis Bank Limited | ₹2.18 Cr | Open |
| 09 Mar 2022 | Axis Bank Limited | ₹2.34 Cr | Open |
| 31 Dec 2020 | Axis Bank Limited | ₹2.93 Cr | Open |
| 31 Oct 2019 | Axis Bank Limited | ₹1.70 Cr | Open |
How Many Employees Work at Dura Magnets?
Unlock and access historical data on people associated with Dura Magnets, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Dura 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 Dura Magnets's trajectory.
Rating
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
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 Dura Magnets
Recent activity within the organization
- Annual General Meeting
Dura Magnets Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Dura Magnets Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Axis Bank Limited amounted to Rs. 42.50 M with Charge ID 100900868 was registered on 21 Mar 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 21.80 M with Charge ID 100555105 was registered on 25 Mar 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 23.40 M with Charge ID 100546467 was registered on 09 Mar 2022.
- Director Appointment
Ravindra Chintaman Mahabaleshwarkar was appointed as a Director was appointed as a Director on 29 Oct 2021 & has been associated with this company since 3 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Dura Magnets Pvt Ltd?
Dura Magnets Pvt Ltd was incorporated on 17 Jul 1980.
What is authorized share capital and paid-up capital of Dura Magnets Pvt Ltd?
The authorized share capital of Dura Magnets Pvt Ltd is ₹ 5.60 M and paid-up capital is ₹ 0.92 M.
Who are the current board members & directors of Dura Magnets Pvt Ltd?
Currently 3 directors are associated with Dura Magnets Pvt Ltd.
- Keyur Sudhir Bhat
- Ravindra Chintaman Mahabaleshwarkar
- Vidya Sudhir Bhat
What is the registered address of Dura Magnets Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Dura Magnets Pvt Ltd is 2/5 Joshi Apartmenterandwane Opp Karve Rd India, Pune, Maharashtra, 411004.
What is the corporate identification number (CIN) and company number of Dura Magnets Pvt Ltd?
The corporate identification number (CIN) of Dura Magnets Pvt Ltd is U31904MH1980PTC022854 and the company number is 022854 as per Ministry of Corporate Affairs (MCA).
What is the official website of Dura Magnets Pvt Ltd?
The Official website of Dura Magnets Pvt Ltd is https://www.duramagnets.com
What has been the recent revenue trend for Dura Magnets Pvt Ltd?
According to the financial reports for the fiscal year 2021, the revenue trend for Dura Magnets Pvt Ltd has fallen by -15.34%.
What change has been observed in the net worth of Dura Magnets Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Dura Magnets Pvt Ltd has experienced an upsurge of 1.93%.
What are the total open charges for Dura Magnets Pvt Ltd?
As per the financial statements for fiscal Year 2021, The total open charges for Dura Magnets Pvt Ltd amount to ₹ 15.10 Cr.
When was the last Balance Sheet of Dura Magnets Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Dura Magnets Pvt Ltd was filed with the ROC on 31 Mar 2024.
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