Kothari Magnesium Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.84 M
- Company Age 35 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 24.30 Cr
- Revenue Growth 46.28%
- Profit Growth 71.26%
- Ebitda -35.36%
- Net Worth -1.08%
- Total Assets -2.35%
About Kothari Magnesium Industries
Kothari Magnesium Industries Private Limited (KMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 May 1989 and has a history of 35 years and ten months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Real Estate 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 1.00 Cr and a paid-up capital of Rs 6.84 M.
The company has closed loans amounting to ₹24.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ranjit Kothari, Vikash Kothari, and Sayar Kothari serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101WB1989PTC046918
- Company No.
046918
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 May 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Real Estate
Who are the key members and board of directors at Kothari Magnesium Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjit Kothari  | Director | 15-Jul-1999 | Current |
| Vikash Kothari | Director | 14-Mar-2006 | Current |
| Sayar Kothari | Director | 23-May-2019 | Current |
Financial Performance of Kothari Magnesium Industries.
Kothari Magnesium Industries Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 46.28% increase. The company also saw a substantial improvement in profitability, with a 71.26% increase in profit. The company's net worth dipped by a decrease of 1.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kothari Magnesium Industries?
In 2017, Kothari Magnesium Industries had a promoter holding of 37.30% and a public holding of 62.70%. 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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- Kothari Metal Resourses Pvt Ltd
Ranjit Kothari and Vikash Kothari are mutual person
- Calcutta Multimax Pvt. Ltd.
Ranjit Kothari and Vikash Kothari are mutual person
- B.K.Nirman Private Limited
Ranjit Kothari and Vikash Kothari are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹24.30 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 24.00 Cr
- Oriental Bank Of Commerce : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2007 | Bank Of India | ₹24.00 Cr | Satisfied |
| 17 Oct 2005 | Oriental Bank Of Commerce | ₹2.97 M | Satisfied |
How Many Employees Work at Kothari Magnesium Industries?
Unlock and access historical data on people associated with Kothari Magnesium Industries, 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 Kothari Magnesium Industries, 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 Kothari Magnesium Industries'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 Kothari Magnesium Industries
Recent activity within the organization
- Annual General Meeting
Kothari Magnesium Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Kothari Magnesium Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Sayar Devi Kothari was appointed as a Director was appointed as a Director on 23 May 2019 & has been associated with this company since 5 years 10 months .
- Charges
A charge registered on 05 Apr 2007 via Charge ID 10050096 with Bank Of India was fully satisfied on 16 Dec 2016.
- Charges
A charge with Bank Of India of Rs. 24.00 Cr registered on 05 Apr 2007 with Charge ID 10050096 was modified on 06 Sep 2011.
- Charges
A charge with Bank Of India amounted to Rs. 24.00 Cr with Charge ID 10050096 was registered on 05 Apr 2007.
Frequently asked questions
What is the Incorporation or founding date of Kothari Magnesium Industries Private Limited?
Kothari Magnesium Industries Private Limited was incorporated on 23 May 1989.
What is authorized share capital and paid-up capital of Kothari Magnesium Industries Private Limited?
The authorized share capital of Kothari Magnesium Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.84 M.
Who are the current board members & directors of Kothari Magnesium Industries Private Limited?
Currently 3 directors are associated with Kothari Magnesium Industries Private Limited.
- Ranjit Singh Kothari
- Vikash Kothari
- Sayar Devi Kothari
What is the registered address of Kothari Magnesium Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kothari Magnesium Industries Private Limited is Kothari Mansion Ground Floor 20/1, Belvedere Road India, Kolkata, West Bengal, 700027.
What is the corporate identification number (CIN) and company number of Kothari Magnesium Industries Private Limited?
The corporate identification number (CIN) of Kothari Magnesium Industries Private Limited is U70101WB1989PTC046918 and the company number is 046918 as per Ministry of Corporate Affairs (MCA).
What is the official website of Kothari Magnesium Industries Private Limited?
The Official website of Kothari Magnesium Industries Private Limited is https://www.kotharimetals.in
What has been the recent revenue trend for Kothari Magnesium Industries Private Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Kothari Magnesium Industries Private Limited has risen by 46.28%.
What change has been observed in the net worth of Kothari Magnesium Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Kothari Magnesium Industries Private Limited has experienced an downturn of -1.08%.
When was the last Balance Sheet of Kothari Magnesium Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Kothari Magnesium Industries Private Limited was filed with the ROC on 31 Mar 2024.
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