G.T. Magnetics Profile
Key Indicators
- Authorised Capital ₹ 3.25 Cr
- Paid Up Capital ₹ 2.68 Cr
- Company Age 10 Year, 1 Month
- 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 and one month. 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
- Location
Ghaziabad, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31401UP2015PTC199882
- Company No.
276027
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jan 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Consumer Electronics & Durables
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.
G.T. Magnetics Private Limited
Explore comprehensive data for G.T. Magnetics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at G.T. Magnetics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harvinder Singh  | Director | 28-Jan-2015 | Current |
| Paramjit Kaur | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Kanwal Valves Private LimitedHarvinder Singh and Paramjit Kaur are mutual person
Charges (Loans)
Open Charges
₹15.08 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on G.T. Magnetics
Recent activity within the organization
- Charges
A charge registered on 29 Jan 2021 via Charge ID 100421407 with Axis Bank Limited was fully satisfied on 02 Sep 2024.
- Charges
A charge registered on 21 Apr 2023 via Charge ID 100710883 with Others was fully satisfied on 07 Aug 2024.
- Charges
A charge registered on 16 Apr 2018 via Charge ID 100170014 with State Bank Of India was fully satisfied on 05 Aug 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 14.60 Cr registered on 06 Jul 2023 with Charge ID 100785413 was modified on 18 Jan 2024.
- Annual General Meeting
G.T. Magnetics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100800000 was registered on 28 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of G.T. Magnetics Private Limited?
G.T. Magnetics Private Limited was incorporated on 28 Jan 2015.
What is authorized share capital and paid-up capital of G.T. Magnetics Private Limited?
The authorized share capital of G.T. Magnetics Private Limited is ₹ 3.25 Cr and paid-up capital is ₹ 2.68 Cr.
Who are the current board members & directors of G.T. Magnetics Private Limited?
Currently 2 directors are associated with G.T. Magnetics Private Limited.
- Harvinder Singh
- Paramjit Kaur
What is the registered address of G.T. Magnetics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of G.T. Magnetics Private Limited is B-18, Sector-59 India, Noida, Uttar Pradesh, 201301.
What is the corporate identification number (CIN) and company number of G.T. Magnetics Private Limited?
The corporate identification number (CIN) of G.T. Magnetics Private Limited is U31401UP2015PTC199882 and the company number is 276027 as per Ministry of Corporate Affairs (MCA).
What is the official website of G.T. Magnetics Private Limited?
The Official website of G.T. Magnetics Private Limited is https://www.gtmagnetic.com
What has been the recent revenue trend for G.T. Magnetics Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for G.T. Magnetics Private Limited has risen by 22.48%.
How many employees does G.T. Magnetics Private Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by G.T. Magnetics Private Limited.
What change has been observed in the net worth of G.T. Magnetics Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of G.T. Magnetics Private Limited has experienced an upsurge of 36.94%.
What are the total open charges for G.T. Magnetics Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for G.T. Magnetics Private Limited amount to ₹ 15.08 Cr.
When was the last Balance Sheet of G.T. Magnetics Private Limited filed with the ROC?
The most recent Balance Sheet for G.T. Magnetics Private Limited was filed with the ROC on 31 Mar 2023.
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