G.T. Magnetics Profile
Key Indicators
- Authorised Capital ₹ 3.25 Cr
- Paid Up Capital ₹ 2.68 Cr
- Company Age 10 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.08 Cr
- Satisfied Charges ₹ 9.00 Cr
- Revenue Growth 22.48%
- Profit Growth 29.37%
- Ebitda 43.50%
- Net Worth 36.94%
- Total Assets 38.04%
About G.T. Magnetics
G.T. Magnetics Private Limited (GMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 2015 and has a history of Ten years. Its registered office is in Ghaziabad, Uttar Pradesh, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.25 Cr and a paid-up capital of Rs 2.68 Cr.
The company currently has active open charges totaling ₹15.08 Cr. The company has closed loans amounting to ₹9.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harvinder Singh and Paramjit Kaur serve as directors at the Company.
Company Details
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Location
Ghaziabad, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31401UP2015PTC199882
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Company No.
276027
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Jan 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
What products or services does G.T. Magnetics Private Limited offer?
G.T. Magnetics Private Limited offers a wide range of products and services, including Transformers & Transformer Parts, Electronic Transformers, Electric Fittings & Components, Magnetic Coil, Electric Coils, Power Transformers, Resistors & Other Passive Devices, Electronic Choke, Transformer Parts.
Who are the key members and board of directors at G.T. Magnetics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harvinder Singh
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Director | 28-Jan-2015 | Current |
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Paramjit Kaur
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Director | 28-Jan-2015 | Current |
Financial Performance of G.T. Magnetics.
G.T. Magnetics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.48% increase. The company also saw a substantial improvement in profitability, with a 29.37% increase in profit. The company's net worth Soared by an impressive increase of 36.94%.
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What is the Ownership and Shareholding Structure of G.T. Magnetics?
In 2023, G.T. Magnetics had a promoter holding of 79.22% and a public holding of 20.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Kanwal Valves Private LimitedHarvinder Singh and Paramjit Kaur are mutual person
Charges (Loans)
₹15.08 Cr
₹9.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 15.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2023 | Hdfc Bank Limited | ₹4.79 M | Open |
| 06 Jul 2023 | Hdfc Bank Limited | ₹14.60 Cr | Open |
| 21 Apr 2023 | Others | ₹5.00 Cr | Satisfied |
| 29 Jan 2021 | Axis Bank Limited | ₹2.00 Cr | Satisfied |
| 16 Apr 2018 | State Bank Of India | ₹2.00 Cr | Satisfied |
How Many Employees Work at G.T. Magnetics?
G.T. Magnetics has a workforce of 11 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of G.T. Magnetics, 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 G.T. Magnetics'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.