Mag Excel Exports Private Limited

Manufacturer and exporter of magnesium sulfate and other related products, marketed under 'Magmee' brand.

2002 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Mag Excel Exports Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 1.79 Cr
  • Revenue Growth 37.67%
  • Profit Growth -66.14%
  • Ebitda -7.23%
  • Net Worth 0.51%
  • Total Assets -2.54%

About Mag Excel Exports

Mag Excel Exports Private Limited (MEEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 October 2002 and has a history of 22 years and four months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company has closed loans amounting to ₹1.79 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nagamani and Revathy Sayanam serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magexcel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909TN2002PTC049683

  • Company No.

    049683

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2002

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

What products or services does Mag Excel Exports Private Limited offer?

Mag Excel Exports Private Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Micronutrient Fertilizers, Sulfur Fertilizers, Industrial Chemicals & Supplies, Water Treatment Chemicals, Chemical Reagents & Catalysts, Inorganic Salts, Ferrous Compounds, Ammonium Compound, Potassic Fertilizers.

Who are the key members and board of directors at Mag Excel Exports?

Board Members (2)

NameDesignationAppointment DateStatus
Nagamani Country flag representing In Director 01-Apr-2003Current
Revathy Sayanam Country flag representing In Director 03-Oct-2002Current

Financial Performance of Mag Excel Exports.

Mag Excel Exports Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 37.67% increase. The company also saw a substantial fall in profitability, with a 66.14% decrease in profit. The company's net worth moved up by a moderate rise of 0.51%.

Mag Excel Exports revenue growth over time
Mag Excel Exports profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
37.67%
Revenue from Operations
37.69%
Total Assets
-2.54%
Profit or Loss
-66.14%
Net Worth
0.51%
EBITDA
-7.23%

What is the Ownership and Shareholding Structure of Mag Excel Exports?

In 2020, Mag Excel Exports had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17.90 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.79 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2006Canara Bank₹1.79 CrSatisfied

How Many Employees Work at Mag Excel Exports?

Unlock and access historical data on people associated with Mag Excel Exports, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mag Excel Exports Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mag Excel Exports, 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 Mag Excel Exports's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Mag Excel Exports

Recent activity within the organization

  • Charges

    A charge registered on 03 Aug 2006 via Charge ID 10014948 with Canara Bank was fully satisfied on 04 Feb 2021.

  • Annual General Meeting

    Mag Excel Exports Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Mag Excel Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

  • Charges

    A charge with Canara Bank of Rs. 17.90 M registered on 03 Aug 2006 with Charge ID 10014948 was modified on 03 Sep 2019.

  • Charges

    A charge with Canara Bank amounted to Rs. 17.90 M with Charge ID 10014948 was registered on 03 Aug 2006.

  • Director Appointment

    Nagamani was appointed as a Director was appointed as a Director on 01 Apr 2003 & has been associated with this company since 21 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mag Excel Exports Private Limited?

    Mag Excel Exports Private Limited was incorporated on 03 Oct 2002.

  • What is authorized share capital and paid-up capital of Mag Excel Exports Private Limited?

    The authorized share capital of Mag Excel Exports Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of Mag Excel Exports Private Limited?

    Currently 2 directors are associated with Mag Excel Exports Private Limited.

    • Nagamani
    • Revathy Sayanam

  • What is the registered address of Mag Excel Exports Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mag Excel Exports Private Limited is 4 Mahadevan Street Nehru Nagar, Chromepet India, Chennai, Tamil Nadu, 600044.

  • What is the corporate identification number (CIN) and company number of Mag Excel Exports Private Limited?

    The corporate identification number (CIN) of Mag Excel Exports Private Limited is U51909TN2002PTC049683 and the company number is 049683 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mag Excel Exports Private Limited?

    The Official website of Mag Excel Exports Private Limited is https://www.magexcel.com

  • What has been the recent revenue trend for Mag Excel Exports Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Mag Excel Exports Private Limited has risen by 37.67%.

  • What change has been observed in the net worth of Mag Excel Exports Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Mag Excel Exports Private Limited has experienced an upsurge of 0.51%.

  • When was the last Balance Sheet of Mag Excel Exports Private Limited filed with the ROC?

    The most recent Balance Sheet for Mag Excel Exports Private Limited was filed with the ROC on 31 Mar 2020.

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