Mag Tech Process Equipments Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.20 Cr
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.38 Cr
- Satisfied Charges ₹ 1.24 Cr
- Revenue Growth 13.83%
- Profit Growth 29.35%
- Ebitda -4.97%
- Net Worth 11.75%
- Total Assets 4.16%
About Mag Tech Process Equipments
Mag Tech Process Equipments Private Limited (MTPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 June 2008 and has a history of 16 years and seven months. Its registered office is in Gautam Buddha Nagar, Uttar Pradesh, India.
The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹7.38 Cr. The company has closed loans amounting to ₹1.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Riazuddin Tomar and Parveen Hashmi serve as directors at the Company.
Company Details
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Location
Gautam Buddha Nagar, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U29220UP2008PTC114603
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Company No.
114603
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Jun 2008
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
What products or services does Mag Tech Process Equipments Private Limited offer?
Mag Tech Process Equipments Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Pressure Vessels, Sugarcane Juice Machine & Sugar Mill Machinery, Crystallizers, Filters & Filtration Systems, Pressure Filters, Dryers & Evaporators, Evaporator, Sand Filters.
Who are the key members and board of directors at Mag Tech Process Equipments?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Riazuddin Tomar
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Director | 24-Jun-2008 | Current |
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Parveen Hashmi
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Director | 24-Jun-2008 | Current |
Financial Performance of Mag Tech Process Equipments.
Mag Tech Process Equipments Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 13.83% increase. The company also saw a substantial improvement in profitability, with a 29.35% increase in profit. The company's net worth Soared by an impressive increase of 11.75%.
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What is the Ownership and Shareholding Structure of Mag Tech Process Equipments?
In 2021, Mag Tech Process Equipments 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)
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Riddhi-Siddhi Poshak Private LimitedRiazuddin Tomar and Parveen Hashmi are mutual person
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Aambience Impex Private Limited
Riazuddin Tomar and Parveen Hashmi are mutual person
Charges (Loans)
₹7.38 Cr
₹1.24 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 7.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2024 | State Bank Of India | ₹2.90 M | Open |
| 11 Jun 2013 | State Bank Of India | ₹0.97 M | Open |
| 28 May 2011 | State Bank Of India | ₹6.99 Cr | Open |
| 21 Jun 2018 | Others | ₹1.20 M | Satisfied |
| 27 Mar 2010 | Vijaya Bank | ₹1.20 M | Satisfied |
How Many Employees Work at Mag Tech Process Equipments?
Mag Tech Process Equipments has a workforce of 24 employees as of Apr 08, 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 Tech Process Equipments, 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 Tech Process Equipments'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.