Magadh Hitech Wires Private Limited

Magadh Hitech Wires Private Limited

Manufactures MS wire, incorporated in 2007, with registered office in Bihar.
2007 | Patna, Bihar (India) | Active

Last Updated:

December 31, 2024
HomeCompanyMagadh Hitech Wires Private Limited

Who are the key members and board of directors at Magadh Hitech Wires?

Board Members(2)

NameDesignationAppointment DateStatus
Manish Ranjan In Additional Director 16-Feb-2023Current
Sunita Kumari In Director 11-Sep-2007Current

Financial Performance of Magadh Hitech Wires.

Magadh Hitech Wires Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 36.1% increase. The company also saw a substantial fall in profitability, with a 23.09% decrease in profit. The company's net worth Soared by an impressive increase of 17.36%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
36.10%
Revenue from Operations
36.88%
Total Assets
7.50%
Profit or Loss
-23.09%
Net Worth
17.36%
EBITDA
483.72%

Charges (Loans)

Open Charges Satisfied Charges

₹12.39 Cr

₹5.71 Cr

LenderAmountStatus

Bank Of India

Creation Date: 15 Feb 2018
₹3.00 MOpen

Axis Bank Limited

Creation Date: 19 Feb 2016
₹12.09 CrOpen

Bank Of India

Creation Date: 17 Dec 2007
₹5.71 CrSatisfied

How Many Employees Work at Magadh Hitech Wires?

Magadh Hitech Wires has a workforce of 20 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.

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Latest Updates, News, and FAQs on Magadh Hitech Wires

Recent activity within the organization

  • Director Appointment

    Manish Ranjan was appointed as a Additional Director was appointed as a Additional Director on 16 Feb 2023 & has been associated with this company since 1 year 10 months .

    16 Feb 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 12.09 Cr registered on 19 Feb 2016 with Charge ID 10627530 was modified on 23 Dec 2021.

    23 Dec 2021

  • Charges

    A charge registered on 17 Dec 2007 via Charge ID 10082168 with Bank Of India was fully satisfied on 18 Nov 2019.

    18 Nov 2019

  • Annual General Meeting

    Magadh Hitech Wires Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Magadh Hitech Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Patna.

    31 Mar 2019

  • Charges

    A charge with Bank Of India amounted to Rs. 0.30 Cr with Charge ID 100171001 was registered on 15 Feb 2018.

    15 Feb 2018

Frequently asked questions

  • Magadh Hitech Wires Private Limited was incorporated on 24 Jul 2007.

  • The authorized share capital of Magadh Hitech Wires Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.43 Cr.

  • Currently 2 directors are associated with Magadh Hitech Wires Private Limited.

    • Manish Ranjan
    • Sunita Kumari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magadh Hitech Wires Private Limited is Plot No. P-4, Phase-I Industrial Area India, Fatuha, Bihar, 803201.

  • The corporate identification number (CIN) of Magadh Hitech Wires Private Limited is U27106BR2007PTC013104 and the company number is 013104 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Magadh Hitech Wires Private Limited has risen by 36.10%.

  • As Per 2019 financial reports, 20 employees are currently employed by Magadh Hitech Wires Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Magadh Hitech Wires Private Limited has experienced an upsurge of 17.36%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Magadh Hitech Wires Private Limited amount to ₹ 12.39 Cr.

  • The most recent Balance Sheet for Magadh Hitech Wires Private Limited was filed with the ROC on 31 Mar 2019.

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