Mag India Industrial Automation Systems Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 3.39 Cr
as on 16-07-2024
- Company Age 18 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 65.22 Cr
as on 16-07-2024
- Revenue 45.89%
(FY 2023)
- Profit 118.79%
(FY 2023)
- Ebitda 237.06%
(FY 2023)
- Net Worth 22.09%
(FY 2023)
- Total Assets 5.82%
(FY 2023)
About Mag India Industrial Automation Systems
The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 3.39 Cr.
The company currently has active open charges totaling ₹65.22 Cr.
Madhavan Unnithan, Shashank Parthiv, and Govindsamy Venkatesan serve as directors at the Company.
- CIN/LLPIN
U51504KA2006PTC041330
- Company No.
041330
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Dec 2006
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bengaluru Urban, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Mag India Industrial Automation Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashank Parthiv  | Managing Director | 23-Sep-2008 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhavan Unnithan | Director | 31-Aug-2018 | Current |
| Govindsamy Venkatesan | Additional Director | 28-Dec-2023 | Current |
Financial Performance of Mag India Industrial Automation Systems.
Mag India Industrial Automation Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.89% increase. The company also saw a substantial improvement in profitability, with a 118.79% increase in profit. The company's net worth Soared by an impressive increase of 22.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mag India Industrial Automation Systems?
In 2023, Mag India Industrial Automation Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 12 Dec 2018 | ₹65.22 Cr | Open |
How Many Employees Work at Mag India Industrial Automation Systems?
Mag India Industrial Automation Systems has a workforce of 112 employees as of Apr 02, 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 Mag India Industrial Automation Systems, 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 India Industrial Automation Systems'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.
