Magalir Finserv Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 4.52 Cr
as on 15-11-2024
- Company Age 5 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.60 M
as on 15-11-2024
- Revenue 2427.43%
(FY 2023)
- Profit 9567.41%
(FY 2023)
- Ebitda 10552.97%
(FY 2023)
- Net Worth 97.18%
(FY 2023)
- Total Assets 328.72%
(FY 2023)
About Magalir Finserv
The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.52 Cr.
The company currently has active open charges totaling ₹5.60 M.
Sadiq Rabbani, Seena Rajan, Subramanian Ramakrishnan, and Two other members serve as directors at the Company.
- CIN/LLPIN
U52100TN2019PTC130987
- Company No.
130987
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Aug 2019
- Date of AGM
03 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tirunelveli, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Magalir Finserv?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sadiq Rabbani  | Director | 30-Sep-2021 | Current |
| Seena Rajan | Director | 07-Aug-2019 | Current |
| Subramanian Ramakrishnan | Director | 30-Sep-2021 | Current |
| Seyadrabbani Fathurabbani | Director | 05-Sep-2022 | Current |
| Fathurabbani Sadiq | Director | 07-Aug-2019 | Current |
Financial Performance and Corporate Structure Insights of Magalir Finserv.
Magalir Finserv Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2427.43% increase. The company also saw a substantial improvement in profitability, with a 9567.41% increase in profit. The company's net worth Soared by an impressive increase of 97.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magalir Finserv?
In 2023, Magalir Finserv had a promoter holding of 67.28% and a public holding of 32.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Seyad Cotton Mills Private LimitedActive 41 years 9 monthsSeyadrabbani Fathurabbani is a mutual person
Magalir Micro Capital Private LimitedActive 9 years 3 monthsSeena Rajan, Subramanian Ramakrishnan and 2 more are mutual person
- Magalir Benefit Nidhi LimitedActive 2 years 10 months
Sadiq Rabbani, Seena Rajan and 1 more are mutual person
- Fathimuthu Amma Knits Private LimitedActive 32 years 3 months
Seyadrabbani Fathurabbani and Fathurabbani Sadiq are mutual person
- Fathimuthu Amma Mills Private LimitedActive 35 years 11 months
Seyadrabbani Fathurabbani and Fathurabbani Sadiq are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Sep 2023 | ₹5.60 M | Open |
How Many Employees Work at Magalir Finserv?
Magalir Finserv has a workforce of 277 employees as of Mar 28, 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 Magalir Finserv, 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 Magalir Finserv'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.
