Magadh Industries Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 29.62 Cr
- Company Age 26 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 281.39 Cr
- Satisfied Charges ₹ 248.00 Cr
- Revenue Growth 59.55%
- Profit Growth 88.00%
- Ebitda 22.45%
- Net Worth 9.60%
- Total Assets 29.22%
About Magadh Industries
Magadh Industries Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 October 1998 and has a history of 26 years and four months. Its registered office is in Patna City, Bihar, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 29.62 Cr.
The company currently has active open charges totaling ₹281.39 Cr. The company has closed loans amounting to ₹248.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magadh Industries Private Limited India is Mani Divyam as COMPANY SECRETARY. Sanju Kumar, Anshul Shresth, and Shreyash Shresth serve as directors at the Company.
Company Details
- Location
Patna City, Bihar, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100BR1998PTC008621
- Company No.
008621
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Oct 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Patna
Industry
Metals and Minerals
What products or services does Magadh Industries Private Limited offer?
Magadh Industries Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires.
Who are the key members and board of directors at Magadh Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanju Kumar  | Managing Director | 15-Oct-1998 | Current |
| Mani Divyam | Company Secretary | 22-Jul-2015 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anshul Shresth | Director | 16-Apr-2022 | Current |
| Shreyash Shresth | Director | 26-Nov-2018 | Current |
Financial Performance of Magadh Industries.
Magadh Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.55% increase. The company also saw a substantial improvement in profitability, with a 88% increase in profit. The company's net worth moved up by a moderate rise of 9.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magadh Industries?
In 2022, Magadh Industries 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)
Magadh Iron Private LimitedSanju Kumar, Anshul Shresth and 1 more are mutual person
Magadh Digital Solutions Private LimitedAnshul Shresth and Shreyash Shresth are mutual person
Magadh Metal Industries Private LimitedSanju Kumar, Anshul Shresth and 1 more are mutual person
- Magadh Realty Private Limited
Sanju Kumar, Anshul Shresth and 1 more are mutual person
Charges (Loans)
Open Charges
₹281.39 Cr
Satisfied Charges
₹248.00 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 281.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2023 | Indian Bank | ₹1.40 Cr | Open |
| 31 Mar 2022 | Indian Bank | ₹248.96 Cr | Open |
| 31 Mar 2022 | Indian Bank | ₹31.03 Cr | Open |
| 23 Mar 2021 | Indian Overseas Bank | ₹4.00 Cr | Satisfied |
| 22 Jan 2021 | Indian Overseas Bank | ₹29.95 Cr | Satisfied |
How Many Employees Work at Magadh Industries?
Magadh Industries has a workforce of 176 employees as of Apr 09, 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 Industries, 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 Industries'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.
Latest Updates, News, and FAQs on Magadh Industries
Recent activity within the organization
- Charges
A charge with Indian Bank of Rs. 31.03 Cr registered on 31 Mar 2022 with Charge ID 100566657 was modified on 16 Dec 2023.
16 Dec 2023
- Annual General Meeting
Magadh Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
- Charges
A charge with Indian Bank amounted to Rs. 1.40 Cr with Charge ID 100770015 was registered on 07 Aug 2023.
07 Aug 2023
- Balance Sheet
Magadh Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.
31 Mar 2023
- Charges
A charge with Indian Bank of Rs. 248.96 Cr registered on 31 Mar 2022 with Charge ID 100566639 was modified on 16 Jan 2023.
16 Jan 2023
- Charges
A charge registered on 22 Jan 2021 via Charge ID 100414390 with Indian Overseas Bank was fully satisfied on 25 Apr 2022.
25 Apr 2022
Frequently asked questions
What is the Incorporation or founding date of Magadh Industries Private Limited?
Magadh Industries Private Limited was incorporated on 15 Oct 1998.
What is authorized share capital and paid-up capital of Magadh Industries Private Limited?
The authorized share capital of Magadh Industries Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 29.62 Cr.
Who are the current board members & directors of Magadh Industries Private Limited?
Currently 4 directors are associated with Magadh Industries Private Limited.
- Sanju Kumar
- Anshul Shresth
- Shreyash Shresth
- Mani Divyam
What is the registered address of Magadh Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magadh Industries Private Limited is Abdul Rahmanpur Road Didarganj Patna City Patna, Bihar, India, 800008.
What is the corporate identification number (CIN) and company number of Magadh Industries Private Limited?
The corporate identification number (CIN) of Magadh Industries Private Limited is U27100BR1998PTC008621 and the company number is 008621 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magadh Industries Private Limited?
The Official website of Magadh Industries Private Limited is https://www.magadhtmt.com
What has been the recent revenue trend for Magadh Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magadh Industries Private Limited has risen by 59.55%.
How many employees does Magadh Industries Private Limited currently have?
As Per 2023 financial reports, 176 employees are currently employed by Magadh Industries Private Limited.
What change has been observed in the net worth of Magadh Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magadh Industries Private Limited has experienced an upsurge of 9.60%.
What are the total open charges for Magadh Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magadh Industries Private Limited amount to ₹ 281.39 Cr.
When was the last Balance Sheet of Magadh Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Magadh Industries Private Limited was filed with the ROC on 31 Mar 2023.
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