M.A.G Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 16-11-2024
- Paid Up Capital ₹ 0.19 M
as on 16-11-2024
- Company Age 7 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 127.96 Cr
as on 16-11-2024
- Satisfied Charges ₹ 1.50 Cr
as on 16-11-2024
- Revenue 4.26%
(FY 2023)
- Profit -94.64%
(FY 2023)
- Ebitda -7.09%
(FY 2023)
- Net Worth 3.50%
(FY 2023)
- Total Assets -8.22%
(FY 2023)
About M.A.G Renewable Energy
The Company is engaged in the Environment 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 1.00 M and a paid-up capital of Rs 0.19 M.
The company currently has active open charges totaling ₹127.96 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vellingiri and Vellingiri Karthik serve as directors at the Company.
- CIN/LLPIN
U40106TZ2017PTC028568
- Company No.
028568
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Feb 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at M.A.G Renewable Energy?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vellingiri  | Director | 27-Feb-2017 | Current |
| Vellingiri Karthik | Director | 27-Feb-2017 | Current |
Financial Performance of M.A.G Renewable Energy.
M.A.G Renewable Energy Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.26% increase. The company also saw a substantial fall in profitability, with a 94.64% decrease in profit. The company's net worth moved up by a moderate rise of 3.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of M.A.G Renewable Energy?
In 2023, M.A.G Renewable Energy had a promoter holding of 47.26% and a public holding of 52.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sri Sivajothi Spinning Mills Private LimitedActive 29 years 1 monthVellingiri and Vellingiri Karthik are mutual person
Ace Agro Lubricant Product India Private LimitedActive 18 years 2 monthsVellingiri is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 30 Sep 2024 | ₹2.88 M | Open |
City Union Bank Limited Creation Date: 30 Apr 2024 | ₹18.00 Cr | Open |
City Union Bank Limited Creation Date: 14 Feb 2024 | ₹53.93 Cr | Open |
How Many Employees Work at M.A.G Renewable Energy?
Unlock and access historical data on people associated with M.A.G Renewable Energy, 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 M.A.G Renewable Energy, 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 M.A.G Renewable Energy'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.
