Magatul Industries Limited

Manufactures and sells chemicals and chemical products, with registered office in Mumbai.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: December 18, 2024

Magatul Industries Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 3.37 Cr
  • Company Age 38 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.90 Cr
  • Revenue Growth %
  • Profit Growth 8.35%
  • Ebitda 9.11%
  • Net Worth -5.00%
  • Total Assets -1.98%

About Magatul Industries

Magatul Industries Limited (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 06 November 1986 and has a history of 38 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sanma Chemicals Private Limited. The Company is engaged in the Chemicals And Materials 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 3.37 Cr.

The company currently has active open charges totaling ₹10.90 Cr.

Rajnikant Shah, Ramesh Kotadiya, and Siddharth Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1986PLC041488

  • Company No.

    041488

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Magatul Industries?

Board Members (3)

Name Designation Appointment Date Status
Rajnikant Shah Country flag representing In Director 27-Mar-2020 Current
Ramesh Kotadiya Country flag representing In Additional Director 25-Jan-2022 Current
Siddharth Shah Country flag representing In Additional Director 25-Jan-2022 Current

Financial Performance of Magatul Industries.

Magatul Industries Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 8.35% increase in profit. The company's net worth dipped by a decrease of 5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-1.98%
Profit or Loss
8.35%
Net Worth
-5.00%
EBITDA
9.11%

What is the Ownership and Shareholding Structure of Magatul Industries?

In 2021, Magatul Industries had a promoter holding of 10.11% and a public holding of 89.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹108.99 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 3.11 Cr
  • Banque Indosuez : 3.00 Cr
  • Gujarat State Financial Co. : 3.00 Cr
  • Uinion Bank Of India : 1.23 Cr
  • Uinion Bank : 0.14 Cr
  • Others : 0.43 Cr

Latest Charge Details

Date Lender Amount Status
19 Jun 1996 Uinion Bank Of India ₹3.00 M Open
20 Dec 1995 Gujarat State Financial Co. ₹1.50 Cr Open
16 Sep 1995 Gujarat State Financial Co. ₹1.50 Cr Open
27 Apr 1995 Banque Indosuez ₹3.00 Cr Open
24 Apr 1992 Indian Bank ₹7.50 M Open

How Many Employees Work at Magatul Industries?

Unlock and access historical data on people associated with Magatul Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magatul Industries, 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 Magatul Industries's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Magatul Industries

Recent activity within the organization

  • Annual General Meeting

    Magatul Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magatul Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ramesh Jivaraj Kotadiya was appointed as a Additional Director was appointed as a Additional Director on 25 Jan 2022 & has been associated with this company since 3 years 15 days .

    25 Jan 2022

  • Director Appointment

    Siddharth Vinodchandra Shah was appointed as a Additional Director was appointed as a Additional Director on 25 Jan 2022 & has been associated with this company since 3 years 15 days .

    25 Jan 2022

  • Director Appointment

    Rajnikant Jayantilal Shah was appointed as a Director was appointed as a Director on 27 Mar 2020 & has been associated with this company since 4 years 10 months .

    27 Mar 2020

  • Charges

    A charge with Uinion Bank Of India amounted to Rs. 3.00 M with Charge ID 90359079 was registered on 19 Jun 1996.

    19 Jun 1996

Frequently asked questions

  • Magatul Industries Limited was incorporated on 06 Nov 1986.

  • The authorized share capital of Magatul Industries Limited is ₹ 0.50 M and paid-up capital is ₹ 3.37 Cr.

  • Currently 3 directors are associated with Magatul Industries Limited.

    • Rajnikant Jayantilal Shah
    • Ramesh Jivaraj Kotadiya
    • Siddharth Vinodchandra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magatul Industries Limited is 701 Shyam Sadan Chs Ltd. Bajaj Rd Opp. Amrut Baug, Vile Parle (W) India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Magatul Industries Limited is U24110MH1986PLC041488 and the company number is 041488 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Magatul Industries Limited has experienced an downturn of -5.00%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Magatul Industries Limited amount to ₹ 10.90 Cr.

  • The most recent Balance Sheet for Magatul Industries Limited was filed with the ROC on 31 Mar 2024.

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