Mag Tee Pvt Ltd

Tea processing and trading company with a processing unit in West Bengal.

1995 | Darjiling, West Bengal (India) | Active
Last Updated: December 12, 2024

Mag Tee Profile

Key Indicators

  • Authorised Capital ₹ 1.22 Cr
  • Paid Up Capital ₹ 1.22 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.94 Cr
  • Satisfied Charges ₹ 7.15 Cr
  • Revenue Growth 5.39%
  • Profit Growth -11.23%
  • Ebitda 188.61%
  • Net Worth 8.61%
  • Total Assets 9.36%

About Mag Tee

Mag Tee Pvt Ltd (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 1995 and has a history of 29 years and six months. Its registered office is in Darjiling, West Bengal, India.

The Company is engaged in the Agriculture 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 1.22 Cr and a paid-up capital of Rs 1.22 Cr.

The company currently has active open charges totaling ₹22.94 Cr. The company has closed loans amounting to ₹7.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bipan Syngal, Ashish Syngal, and Meenakshi Syngal serve as directors at the Company.

Company Details

  • Location

    Darjiling, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109WB1995PTC073153

  • Company No.

    073153

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

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

Board Members (3)

NameDesignationAppointment DateStatus
Bipan Syngal Country flag representing In Director 26-Oct-2005Current
Ashish Syngal Country flag representing In Director 01-Aug-2010Current
Meenakshi Syngal Country flag representing In Director 01-Jul-2005Current

Financial Performance of Mag Tee.

Mag Tee Pvt Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 5.39% increase. The company also saw a substantial fall in profitability, with a 11.23% decrease in profit. The company's net worth moved up by a moderate rise of 8.61%.

Graph illustrating revenue growth over time
Graph showing 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
5.39%
Revenue from Operations
5.37%
Total Assets
9.36%
Profit or Loss
-11.23%
Net Worth
8.61%
EBITDA
188.61%

What is the Ownership and Shareholding Structure of Mag Tee?

Unlock access to Mag Tee's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.94 Cr

Satisfied Charges

₹7.15 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.83 Cr
  • State Bank Of India : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2023Hdfc Bank Limited₹1.60 MOpen
27 Jan 2023Hdfc Bank Limited₹1.53 MOpen
04 Oct 2017Hdfc Bank Limited₹8.83 CrOpen
09 Dec 2016Hdfc Bank Limited₹8.83 CrOpen
09 Dec 2016Hdfc Bank Limited₹4.86 CrOpen

How Many Employees Work at Mag Tee?

Mag Tee has a workforce of 22 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mag Tee, 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 Tee'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 Tee

Recent activity within the organization

  • Annual General Meeting

    Mag Tee Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mag Tee Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100728560 was registered on 31 May 2023.

    31 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100723696 was registered on 27 Jan 2023.

    27 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.83 Cr registered on 04 Oct 2017 with Charge ID 100144168 was modified on 08 Apr 2022.

    08 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.83 Cr registered on 09 Dec 2016 with Charge ID 100077098 was modified on 08 Apr 2022.

    08 Apr 2022

Frequently asked questions

  • Mag Tee Pvt Ltd was incorporated on 26 Jul 1995.

  • The authorized share capital of Mag Tee Pvt Ltd is ₹ 1.22 Cr and paid-up capital is ₹ 1.22 Cr.

  • Currently 3 directors are associated with Mag Tee Pvt Ltd.

    • Bipan Syngal
    • Ashish Syngal
    • Meenakshi Syngal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mag Tee Pvt Ltd is Premium Apartment2Nd Floor Punjabi Para India, Siliguri, West Bengal, 734001.

  • The corporate identification number (CIN) of Mag Tee Pvt Ltd is U51109WB1995PTC073153 and the company number is 073153 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mag Tee Pvt Ltd has risen by 5.39%.

  • As Per 2022 financial reports, 22 employees are currently employed by Mag Tee Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mag Tee Pvt Ltd has experienced an upsurge of 8.61%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mag Tee Pvt Ltd amount to ₹ 22.94 Cr.

  • The most recent Balance Sheet for Mag Tee Pvt Ltd was filed with the ROC on 31 Mar 2024.

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