Magasin Distributors Private Limited
Distributor of electronic and electric products and their parts for commercial, industrial, and domestic use.
2012 | Bangaluru, Karnataka (India) | Active
Magasin Distributors Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 12 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.95 Cr
- Satisfied Charges ₹ 1.40 Cr
- Revenue Growth 15.67%
- Profit Growth -40.06%
- Ebitda -2.58%
- Net Worth 8.96%
- Total Assets -4.55%
About Magasin Distributors
Magasin Distributors Private Limited (MDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 March 2012 and has a history of 12 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Goods 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹8.95 Cr. The company has closed loans amounting to ₹1.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohit Agarwal and Piyush Agarwal serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51103KA2012PTC063159
- Company No.
063159
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Mar 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Goods
What products or services does Magasin Distributors Private Limited offer?
Magasin Distributors Private Limited offers a wide range of products and services, including Dumbbell, Weight Plate & Accessories, Yoga Accessories, Food Storage Boxes & Containers, Water Bottle, Exercise Bikes & Fitness Equipments, Exercise Stepper, Cardio Machines.
Magasin Distributors Private Limited
Explore comprehensive data for Magasin Distributors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magasin Distributors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohit Agarwal  | Director | 21-Mar-2012 | Current |
| Piyush Agarwal | Director | 21-Mar-2012 | Current |
Financial Performance of Magasin Distributors.
Magasin Distributors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.67% increase. The company also saw a substantial fall in profitability, with a 40.06% decrease in profit. The company's net worth moved up by a moderate rise of 8.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magasin Distributors?
In 2022, Magasin Distributors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Poorna Build-Tech Private Limited
Piyush Agarwal is a mutual person
- Spomag Online Private Limited
Mohit Agarwal and Piyush Agarwal are mutual person
- Magasin Brands Llp
Mohit Agarwal is a mutual person
- Optocura Ventures Llp
Mohit Agarwal is a mutual person
Charges (Loans)
Open Charges
₹89.46 M
Satisfied Charges
₹14.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2022 | Hdfc Bank Limited | ₹1.70 M | Open |
| 30 Oct 2021 | Hdfc Bank Limited | ₹1.40 M | Open |
| 15 Dec 2016 | Hdfc Bank Limited | ₹1.36 M | Open |
| 18 Nov 2015 | Hdfc Bank Limited | ₹8.50 Cr | Open |
| 24 Nov 2012 | Kotak Mahindra Bank Limited | ₹1.40 Cr | Satisfied |
How Many Employees Work at Magasin Distributors?
Unlock and access historical data on people associated with Magasin Distributors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magasin Distributors, 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 Magasin Distributors'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 Magasin Distributors
Recent activity within the organization
- Annual General Meeting
Magasin Distributors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magasin Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited of Rs. 85.00 M registered on 18 Nov 2015 with Charge ID 10613286 was modified on 12 Jan 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.70 M with Charge ID 100593162 was registered on 31 May 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.40 M with Charge ID 100508382 was registered on 30 Oct 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.36 M with Charge ID 100082773 was registered on 15 Dec 2016.
Frequently asked questions
What is the Incorporation or founding date of Magasin Distributors Private Limited?
Magasin Distributors Private Limited was incorporated on 21 Mar 2012.
What is authorized share capital and paid-up capital of Magasin Distributors Private Limited?
The authorized share capital of Magasin Distributors Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Magasin Distributors Private Limited?
Currently 2 directors are associated with Magasin Distributors Private Limited.
- Mohit Agarwal
- Piyush Agarwal
What is the registered address of Magasin Distributors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magasin Distributors Private Limited is 1058/1045/939/1/77/1A Ground Floor Eshwari Industrial Estate, Hulimavu India, Bangalore, Karnataka, 560076.
What is the corporate identification number (CIN) and company number of Magasin Distributors Private Limited?
The corporate identification number (CIN) of Magasin Distributors Private Limited is U51103KA2012PTC063159 and the company number is 063159 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magasin Distributors Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Magasin Distributors Private Limited has risen by 15.67%.
What change has been observed in the net worth of Magasin Distributors Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Magasin Distributors Private Limited has experienced an upsurge of 8.96%.
What are the total open charges for Magasin Distributors Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Magasin Distributors Private Limited amount to ₹ 8.95 Cr.
When was the last Balance Sheet of Magasin Distributors Private Limited filed with the ROC?
The most recent Balance Sheet for Magasin Distributors Private Limited was filed with the ROC on 31 Mar 2024.
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