Magenta Ev Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.31 M
- Paid Up Capital ₹ 1.37 M
- Company Age 7 Year, 15 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 49.15 Cr
- Satisfied Charges ₹ 1.54 Cr
- Revenue Growth 446.07%
- Profit Growth -388.99%
- Ebitda -302.35%
- Net Worth 1026.05%
- Total Assets 758.47%
About Magenta Ev Solutions
Magenta Ev Solutions Private Limited (MESPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 15 February 2018 (Seven years 15 days old ). Its registered office is in Navi Mumbai, Maharashtra.
The Company is engaged in the Automotive 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 2.31 M and a paid-up capital of Rs 1.37 M.
The company currently has active open charges totaling ₹49.15 Cr. The company has closed loans amounting to ₹1.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magenta Ev Solutions Private Limited India are Maxson Lewis as Ceo, Anchal Jain as Company Secretary, and Aravind Sarana as Cfo. Shyamsundar Sundaresan, Maxson Lewis, Darryl Dias, and Two other members serve as directors at the Company.
Company Details
- Location Navi Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40107MH2018PTC305106
- Company No.
305106
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Feb 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
Consumer Electronics & Durables
Transport and Logistics
Energy and Power
Who are the key members and board of directors at Magenta Ev Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Maxson Lewis  | Managing Director | 15-Feb-2018 | Current |
| Anchal Jain | Company Secretary | 23-Sep-2024 | Current |
| Aravind Sarana | CFO | 21-Oct-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Darryl Dias | Director | 15-Feb-2018 | Current |
| Shyamsundar Sundaresan | Nominee Director | 09-May-2023 | Current |
Kiran Patel  | Nominee Director | 08-May-2021 | Current |
Sophia Nadur  | Nominee Director | 07-Apr-2023 | Current |
Financial Performance of Magenta Ev Solutions.
Magenta Ev Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 446.07% increase. The company also saw a substantial fall in profitability, with a 388.99% decrease in profit. The company's net worth Soared by an impressive increase of 1026.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magenta Ev Solutions?
In 2023, Magenta Ev Solutions had a promoter holding of 53.51% and a public holding of 46.50%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Solace Healthcare Private LimitedKiran Patel is a mutual person
Shaktikrupa Charitable AssociationKiran Patel is a mutual person
Rudraksh Academy Private LimitedKiran Patel is a mutual person
Magenta Power Private LimitedMaxson Lewis and Darryl Dias are mutual person
Axiom Energy Conversion LimitedKiran Patel is a mutual person
Blu-Smart Mobility Private LimitedSophia Nadur is a mutual person
Charges (Loans)
Open Charges
₹491.45 M
Satisfied Charges
₹15.39 M
Charges Breakdown by Lending Institutions
- Others : 23.43 Cr
- Sidbi : 15.00 Cr
- Axis Bank Limited : 10.00 Cr
- Hdfc Bank Limited : 0.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Nov 2023 | Axis Bank Limited | ₹10.00 Cr | Open |
| 22 Sep 2023 | Sidbi | ₹15.00 Cr | Open |
| 22 Aug 2023 | Others | ₹3.71 M | Open |
| 31 Jul 2023 | Others | ₹3.71 M | Open |
| 14 Jul 2023 | Others | ₹1.52 Cr | Open |
How Many Employees Work at Magenta Ev Solutions?
Magenta Ev Solutions has a workforce of 406 employees as of Mar 21, 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 Magenta Ev Solutions, 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 Magenta Ev Solutions'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 Magenta Ev Solutions
Recent activity within the organization
- Annual General Meeting
Magenta Ev Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Anchal Jain was appointed as a Company Secretary was appointed as a Company Secretary on 23 Sep 2024 & has been associated with this company since 5 months 8 days .
- Balance Sheet
Magenta Ev Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 30 Dec 2020 via Charge ID 100472068 with Others was fully satisfied on 13 Mar 2024.
- Charges
A charge registered on 25 Jan 2021 via Charge ID 100469095 with Others was fully satisfied on 16 Jan 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 100836893 was registered on 23 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Magenta Ev Solutions Private Limited?
Magenta Ev Solutions Private Limited was incorporated on 15 Feb 2018.
What is authorized share capital and paid-up capital of Magenta Ev Solutions Private Limited?
The authorized share capital of Magenta Ev Solutions Private Limited is ₹ 2.31 M and paid-up capital is ₹ 1.37 M.
Who are the current board members & directors of Magenta Ev Solutions Private Limited?
Currently 8 directors are associated with Magenta Ev Solutions Private Limited.
- Shyamsundar Gurumoorthy Sundaresan
- Maxson Alexander Lewis
- Darryl Dennis Dias
- Kiran Chhotubhai Patel
- Sophia Isabella Marie Nadur
- Maxson Alexander Lewis
- Anchal Jain
- Aravind Kumar Sarana
What is the registered address of Magenta Ev Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magenta Ev Solutions Private Limited is Plot No. D- 285 Midc, Turbhe India, Navi Mumbai, Maharashtra, 400705.
What is the corporate identification number (CIN) and company number of Magenta Ev Solutions Private Limited?
The corporate identification number (CIN) of Magenta Ev Solutions Private Limited is U40107MH2018PTC305106 and the company number is 305106 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magenta Ev Solutions Private Limited?
The Official website of Magenta Ev Solutions Private Limited is https://www.magentamobility.com
What has been the recent revenue trend for Magenta Ev Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Magenta Ev Solutions Private Limited has risen by 446.07%.
How many employees does Magenta Ev Solutions Private Limited currently have?
As Per 2022 financial reports, 406 employees are currently employed by Magenta Ev Solutions Private Limited.
What change has been observed in the net worth of Magenta Ev Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Magenta Ev Solutions Private Limited has experienced an upsurge of 1026.05%.
What are the total open charges for Magenta Ev Solutions Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Magenta Ev Solutions Private Limited amount to ₹ 49.15 Cr.
When was the last Balance Sheet of Magenta Ev Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Magenta Ev Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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