Magadh Hitech Wires Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.43 Cr
- Company Age 17 Year, 6 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 12.39 Cr
- Satisfied Charges ₹ 5.71 Cr
- Revenue Growth 36.10%
- Profit Growth -23.09%
- Ebitda 483.72%
- Net Worth 17.36%
- Total Assets 7.50%
About Magadh Hitech Wires
Magadh Hitech Wires Private Limited (MHWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 July 2007 and has a history of 17 years and six months. Its registered office is in Patna, Bihar, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.43 Cr.
The company currently has active open charges totaling ₹12.39 Cr. The company has closed loans amounting to ₹5.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manish Ranjan and Sunita Kumari serve as directors at the Company.
Company Details
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Location
Patna, Bihar, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27106BR2007PTC013104
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Company No.
013104
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Jul 2007
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Date of AGM
30 Sep 2019
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Date of Balance Sheet
31 Mar 2019
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Listing Status
Unlisted
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ROC Code
Roc Patna
Industry
Who are the key members and board of directors at Magadh Hitech Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Ranjan
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Additional Director | 16-Feb-2023 | Current |
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Sunita Kumari
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Director | 11-Sep-2007 | Current |
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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What is the Ownership and Shareholding Structure of Magadh Hitech Wires?
In 2019, Magadh Hitech Wires had a promoter holding of 89.53% and a public holding of 10.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹12.39 Cr
₹5.71 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 12.09 Cr
- Bank Of India : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2018 | Bank Of India | ₹3.00 M | Open |
| 19 Feb 2016 | Axis Bank Limited | ₹12.09 Cr | Open |
| 17 Dec 2007 | Bank Of India | ₹5.71 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magadh Hitech Wires, 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 Magadh Hitech Wires'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.
