Magarpatta City Development Company Profile
Key Indicators
- Authorised Capital ₹ 33.00 Cr
- Paid Up Capital ₹ 23.99 Cr
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.97 Cr
- Revenue Growth -93.10%
- Profit Growth -71.71%
- Ebitda -54.82%
- Net Worth 5.92%
- Total Assets 32.29%
About Magarpatta City Development Company
Magarpatta City Development Company Private Limited (MCDCPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2005 and has a history of 19 years and six months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Magarpatta City Development Company Limited. The Company is engaged in the Infrastructure And Utilities 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 33.00 Cr and a paid-up capital of Rs 23.99 Cr.
The company currently has active open charges totaling ₹27.97 Cr.
The Key Managerial Personnel (KMP) at Magarpatta City Development Company Private Limited India is Tanvi Sangamnerkar as COMPANY SECRETARY. Umesh Magar, Satish Magar, Vivek Dattatray, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45209PN2005PTC021513
- Company No.
021513
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Nov 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Infrastructure and Utilities
What products or services does Magarpatta City Development Company Private Limited offer?
Magarpatta City Development Company Private Limited offers a wide range of products and services, including Building Construction, Building Construction Project, Building & Real Estate Developers, Commercial Construction Service, Real Estate Services, Real Estate Developer.
Magarpatta City Development Company Private Limited
Explore comprehensive data for Magarpatta City Development Company Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magarpatta City Development Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tanvi Sangamnerkar | Company Secretary | 19-Apr-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Magar  | Director | 08-Nov-2005 | Current |
| Umesh Magar | Director | 08-Nov-2005 | Current |
| Satish Magar | Director | 08-Nov-2005 | Current |
| Vivek Dattatray | Director | 08-Nov-2005 | Current |
| Shirish Magar | Director | 08-Nov-2005 | Current |
Financial Performance of Magarpatta City Development Company.
Magarpatta City Development Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.1% decrease. The company also saw a substantial fall in profitability, with a 71.71% decrease in profit. The company's net worth moved up by a moderate rise of 5.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magarpatta City Development Company?
In 2023, Magarpatta City Development Company had a promoter holding of 81.14% and a public holding of 18.86%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nanded City Development And Construction Company LimitedUmesh Magar and Satish Magar are mutual person
Magarpatta Property Unit-Holders LimitedUmesh Magar and Satish Magar are mutual person
Magarpatta Township Development And Construction Company LimitedUmesh Magar and Satish Magar are mutual person
Magarpatta Retail Private LimitedUmesh Magar, Satish Magar and 3 more are mutual person
Magarpatta Clubs And Resorts Private LimitedUmesh Magar and Yogesh Magar are mutual person
Waterfront Infrastructure LlpUmesh Magar and Satish Magar are mutual person
Charges (Loans)
Open Charges
₹27.97 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 27.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2019 | Tamilnad Mercantile Bank Limited | ₹27.97 Cr | Open |
How Many Employees Work at Magarpatta City Development Company?
Magarpatta City Development Company has a workforce of 8 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 Magarpatta City Development Company, 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 Magarpatta City Development Company'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 Magarpatta City Development Company
Recent activity within the organization
- Annual General Meeting
Magarpatta City Development Company Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Magarpatta City Development Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 27.97 Cr registered on 27 Mar 2019 with Charge ID 100250816 was modified on 23 May 2022.
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 27.97 Cr with Charge ID 100250816 was registered on 27 Mar 2019.
- Director Appointment
Umesh Dattatray Magar was appointed as a Director was appointed as a Director on 08 Nov 2005 & has been associated with this company since 19 years 6 months .
- Director Appointment
Satish Dattatray Magar was appointed as a Director was appointed as a Director on 08 Nov 2005 & has been associated with this company since 19 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Magarpatta City Development Company Private Limited?
Magarpatta City Development Company Private Limited was incorporated on 08 Nov 2005.
What is authorized share capital and paid-up capital of Magarpatta City Development Company Private Limited?
The authorized share capital of Magarpatta City Development Company Private Limited is ₹ 33.00 Cr and paid-up capital is ₹ 23.99 Cr.
Who are the current board members & directors of Magarpatta City Development Company Private Limited?
Currently 6 directors are associated with Magarpatta City Development Company Private Limited.
- Umesh Dattatray Magar
- Satish Dattatray Magar
- Vivek Magar Dattatray
- Shirish Murlidhar Magar
- Yogesh Martand Magar
- Tanvi Yogeshwar Sangamnerkar
What is the registered address of Magarpatta City Development Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magarpatta City Development Company Private Limited is 5 Magarpatta City Aditi Garden Hadapsar, India, Pune, Maharashtra, 411013.
What is the corporate identification number (CIN) and company number of Magarpatta City Development Company Private Limited?
The corporate identification number (CIN) of Magarpatta City Development Company Private Limited is U45209PN2005PTC021513 and the company number is 021513 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magarpatta City Development Company Private Limited?
The Official website of Magarpatta City Development Company Private Limited is https://www.magarpattacity.com
What has been the recent revenue trend for Magarpatta City Development Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magarpatta City Development Company Private Limited has fallen by -93.10%.
How many employees does Magarpatta City Development Company Private Limited currently have?
As Per 2023 financial reports, 8 employees are currently employed by Magarpatta City Development Company Private Limited.
What change has been observed in the net worth of Magarpatta City Development Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magarpatta City Development Company Private Limited has experienced an upsurge of 5.92%.
What are the total open charges for Magarpatta City Development Company Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magarpatta City Development Company Private Limited amount to ₹ 27.97 Cr.
When was the last Balance Sheet of Magarpatta City Development Company Private Limited filed with the ROC?
The most recent Balance Sheet for Magarpatta City Development Company Private Limited was filed with the ROC on 31 Mar 2023.
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