Magadh Industries Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 29.62 Cr
as on 16-07-2024
- Company Age 26 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 281.39 Cr
as on 16-07-2024
- Satisfied Charges ₹ 248.00 Cr
as on 16-07-2024
- Revenue 59.55%
(FY 2023)
- Profit 88.00%
(FY 2023)
- Ebitda 22.45%
(FY 2023)
- Net Worth 9.60%
(FY 2023)
- Total Assets 29.22%
(FY 2023)
About Magadh Industries
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.
- 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
Company Details
- Location
Patna City, Bihar, India
- Telephone
- Email Address
- Website
- Social Media
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 LimitedActive 28 years 9 monthsSanju Kumar, Anshul Shresth and 1 more are mutual person
Magadh Digital Solutions Private LimitedActive 2 years 8 monthsAnshul Shresth and Shreyash Shresth are mutual person
Magadh Metal Industries Private LimitedActive 2 years 5 monthsSanju Kumar, Anshul Shresth and 1 more are mutual person
- Magadh Realty Private LimitedActive 4 months 7 days
Sanju Kumar, Anshul Shresth and 1 more are mutual person
Charges (Loans)
₹281.39 Cr
₹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.
