Magarpatta City Development Company Profile
Key Indicators
- Authorised Capital ₹ 33.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 23.99 Cr
as on 17-11-2024
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.97 Cr
as on 17-11-2024
- Revenue -93.10%
(FY 2023)
- Profit -71.71%
(FY 2023)
- Ebitda -54.82%
(FY 2023)
- Net Worth 5.92%
(FY 2023)
- Total Assets 32.29%
(FY 2023)
About Magarpatta City Development Company
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.
- 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
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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.
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 and Corporate Structure Insights 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
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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)
Magarpatta Property Unit-Holders LimitedActive 17 years 8 monthsUmesh Magar and Satish Magar are mutual person
Magarpatta Township Development And Construction Company LimitedActive 30 years 2 monthsUmesh Magar and Satish Magar are mutual person
Magarpatta Retail Private LimitedActive 17 years 8 monthsUmesh Magar, Satish Magar and 3 more are mutual person
Magarpatta Clubs And Resorts Private LimitedActive 26 years 2 monthsUmesh Magar and Yogesh Magar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Tamilnad Mercantile Bank Limited Creation Date: 27 Mar 2019 | ₹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.
