Hy-Magnetics Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.20 M
- Company Age 44 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.94 M
- Revenue Growth -39.67%
- Profit Growth -133.60%
- Ebitda -216.40%
- Net Worth -8.02%
- Total Assets -9.31%
About Hy-Magnetics
Hy-Magnetics Pvt Ltd (HPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 September 1980 and has a history of 44 years and five months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Information Technology 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 0.20 M and a paid-up capital of Rs 0.20 M.
The company has closed loans amounting to ₹1.94 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Natesh Nanjundaiah, Venkateswara China, and Anand Natesh serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31909TG1980PTC002780
- Company No.
002780
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 1980
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Hy-Magnetics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Natesh Nanjundaiah  | Managing Director | 12-Sep-1980 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anand Natesh | Additional Director | 09-Apr-2021 | Current |
| Venkateswara China | Director | 12-Sep-1980 | Current |
Financial Performance of Hy-Magnetics.
Hy-Magnetics Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 39.67% decrease. The company also saw a substantial fall in profitability, with a 133.6% decrease in profit. The company's net worth dipped by a decrease of 8.02%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Hy-Magnetics?
In 2018, Hy-Magnetics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Neotrax Educational Services Private LimitedVenkateswara China is a mutual person
- Sri Vijaya Educational Academy
Venkateswara China is a mutual person
Charges (Loans)
₹0
₹1.94 M
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2004 | Indian Overseas Bank | ₹0.50 M | Satisfied |
| 22 Jan 1994 | Indian Overseas Bank | ₹0.30 M | Satisfied |
| 18 Oct 1989 | Indian Overseas Bank | ₹0.70 M | Satisfied |
| 17 Aug 1984 | Indian Overseas Bank | ₹0.14 M | Satisfied |
| 26 Jun 1981 | Indian Overseas Bank | ₹0.24 M | Satisfied |
How Many Employees Work at Hy-Magnetics?
Unlock and access historical data on people associated with Hy-Magnetics, 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 Hy-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 Hy-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
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