Magadh Iron Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 8.60 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 279.99 Cr
- Satisfied Charges ₹ 279.56 Cr
- Revenue Growth 26.28%
- Profit Growth 30.57%
- Ebitda -17.63%
- Net Worth -1.99%
- Total Assets -5.56%
About Magadh Iron
Magadh Iron Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1996 and has a history of 28 years and ten months. Its registered office is in Dist.Patna-20., 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 9.00 Cr and a paid-up capital of Rs 8.60 Cr.
The company currently has active open charges totaling ₹279.99 Cr. The company has closed loans amounting to ₹279.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanju Kumar, Anshul Shresth, and Shreyash Shresth serve as directors at the Company.
Company Details
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Location
Dist.Patna-20., Bihar, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U00330BR1996PTC007160
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Company No.
007160
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Apr 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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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 Iron?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanju Kumar
|
Managing Director | 02-Apr-1996 | 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 Iron.
Magadh Iron Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.28% increase. The company also saw a substantial improvement in profitability, with a 30.57% increase in profit. The company's net worth dipped by a decrease of 1.99%.
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What is the Ownership and Shareholding Structure of Magadh Iron?
In 2023, Magadh Iron 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)
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Magadh Industries Private LimitedSanju Kumar, Anshul Shresth and 1 more are mutual person
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Magadh Digital Solutions Private LimitedAnshul Shresth and Shreyash Shresth are mutual person
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Magadh Metal Industries Private LimitedSanju Kumar, Anshul Shresth and 1 more are mutual person
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Magadh Realty Private Limited
Sanju Kumar, Anshul Shresth and 1 more are mutual person
Charges (Loans)
₹279.99 Cr
₹279.56 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 279.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2022 | Indian Bank | ₹248.96 Cr | Open |
| 31 Mar 2022 | Indian Bank | ₹31.03 Cr | Open |
| 24 Sep 2021 | Indian Overseas Bank | ₹2.97 Cr | Satisfied |
| 23 Mar 2021 | Indnian Overseas Bank | ₹4.00 Cr | Satisfied |
| 22 Jan 2021 | Indian Overseas Bank | ₹29.95 Cr | Satisfied |
How Many Employees Work at Magadh Iron?
Magadh Iron has a workforce of 13 employees as of Apr 05, 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 Iron, 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 Iron'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.
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