Mag9 Energies Private Limited

Develops electrical products, incorporated in 2020, based in Mumbai.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated: December 12, 2024

Mag9 Energies Profile

Key Indicators

  • Authorised Capital ₹ 5.15 M
  • Paid Up Capital ₹ 5.10 M
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 M
  • Revenue Growth 152.27%
  • Profit Growth -3434.96%
  • Ebitda -5849.26%
  • Net Worth -1022.73%
  • Total Assets 45.80%

About Mag9 Energies

Mag9 Energies Private Limited (MEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 March 2020 (Four years and 11 months 8 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.15 M and a paid-up capital of Rs 5.10 M.

The company currently has active open charges totaling ₹1.00 M.

Sunit Shah, Nikunj Shah, and Vikas Gupta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2020PTC339083

  • Company No.

    339083

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Mag9 Energies Private Limited offer?

Mag9 Energies Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Special Purpose Vehicle, Automobile Interiors & Accessories, Automotive Seats, E Vehicles, Electric Two Wheelers, Parts And Kits.

Who are the key members and board of directors at Mag9 Energies?

Board Members (3)

NameDesignationAppointment DateStatus
Sunit Shah Country flag representing In Director 20-Mar-2020Current
Nikunj Shah Country flag representing In Director 20-Mar-2020Current
Vikas Gupta Country flag representing In Director 20-Mar-2020Current

Financial Performance of Mag9 Energies.

Mag9 Energies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 152.27% increase. The company also saw a substantial fall in profitability, with a 3434.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1022.73%.

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
152.27%
Revenue from Operations
99.41%
Total Assets
45.80%
Profit or Loss
-3434.96%
Net Worth
-1022.73%
EBITDA
-5849.26%

What is the Ownership and Shareholding Structure of Mag9 Energies?

In 2022, Mag9 Energies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jan 2021State Bank Of India₹1.00 MOpen

How Many Employees Work at Mag9 Energies?

Unlock and access historical data on people associated with Mag9 Energies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mag9 Energies, 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 Mag9 Energies'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 Mag9 Energies

Recent activity within the organization

  • Annual General Meeting

    Mag9 Energies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mag9 Energies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.00 M with Charge ID 100410608 was registered on 15 Jan 2021.

    15 Jan 2021

  • Director Appointment

    Sunit Yogesh Shah was appointed as a Director was appointed as a Director on 20 Mar 2020 & has been associated with this company since 4 years 11 months .

    20 Mar 2020

  • Director Appointment

    Nikunj Subhash Shah was appointed as a Director was appointed as a Director on 20 Mar 2020 & has been associated with this company since 4 years 11 months .

    20 Mar 2020

  • Director Appointment

    Vikas Deepchandra Gupta was appointed as a Director was appointed as a Director on 20 Mar 2020 & has been associated with this company since 4 years 11 months .

    20 Mar 2020

Frequently asked questions

  • Mag9 Energies Private Limited was incorporated on 20 Mar 2020.

  • The authorized share capital of Mag9 Energies Private Limited is ₹ 5.15 M and paid-up capital is ₹ 5.10 M.

  • Currently 3 directors are associated with Mag9 Energies Private Limited.

    • Sunit Yogesh Shah
    • Nikunj Subhash Shah
    • Vikas Deepchandra Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mag9 Energies Private Limited is 8 Ganjawala Enclave Lane Borivali West, India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Mag9 Energies Private Limited is U74999MH2020PTC339083 and the company number is 339083 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mag9 Energies Private Limited has risen by 152.27%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mag9 Energies Private Limited has experienced an downturn of -1022.73%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mag9 Energies Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Mag9 Energies Private Limited was filed with the ROC on 31 Mar 2024.