Magenta Re Asset Private Limited

Develops, sells, and manages real estate assets and properties for townships, housing, and commercial/residential projects.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Magenta Re Asset Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 22.00 Cr
  • Revenue Growth %
  • Profit Growth -1197.54%
  • Ebitda -1209.38%
  • Net Worth -15.35%
  • Total Assets -19.50%

About Magenta Re Asset

Magenta Re Asset Private Limited (MRAPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 2008 and has a history of 16 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Real Estate And Construction 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹22.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Bakthavachalam Rajkumar and Mahalingam Kannan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200TN2008PTC068410

  • Company No.

    068410

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2008

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction
Company report

Magenta Re Asset Private Limited

Explore comprehensive data for Magenta Re Asset Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magenta Re Asset?

Board Members (2)

NameDesignationAppointment DateStatus
Bakthavachalam Rajkumar Country flag representing In Director 12-Nov-2021Current
Mahalingam Kannan Country flag representing In Director 12-Nov-2021Current

Financial Performance of Magenta Re Asset.

Magenta Re Asset Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1197.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.35%.

Magenta Re Asset revenue growth over time
Magenta Re Asset 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
-19.50%
Profit or Loss
-1197.54%
Net Worth
-15.35%
EBITDA
-1209.38%

What is the Ownership and Shareholding Structure of Magenta Re Asset?

In 2018, Magenta Re Asset had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹220.00 M

Charges Breakdown by Lending Institutions

  • Housing Development Finance Corporation Limited : 20.00 Cr
  • Bank Of India : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2014Housing Development Finance Corporation Limited₹20.00 CrSatisfied
23 Jan 2009Bank Of India₹2.00 CrSatisfied

How Many Employees Work at Magenta Re Asset?

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

Employee growth trends for Magenta Re Asset Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magenta Re Asset, 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 Re Asset'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 Magenta Re Asset

Recent activity within the organization

  • Annual General Meeting

    Magenta Re Asset Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magenta Re Asset Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Bakthavachalam Rajkumar was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 3 years 5 months .

  • Director Appointment

    Mahalingam Kannan was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 3 years 5 months .

  • Charges

    A charge registered on 20 Jan 2014 via Charge ID 10476376 with Housing Development Finance Corporation Limited was fully satisfied on 26 Feb 2014.

  • Charges

    A charge with Housing Development Finance Corporation Limited amounted to Rs. 200.00 M with Charge ID 10476376 was registered on 20 Jan 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Magenta Re Asset Private Limited?

    Magenta Re Asset Private Limited was incorporated on 01 Jul 2008.

  • What is authorized share capital and paid-up capital of Magenta Re Asset Private Limited?

    The authorized share capital of Magenta Re Asset Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Magenta Re Asset Private Limited?

    Currently 2 directors are associated with Magenta Re Asset Private Limited.

    • Bakthavachalam Rajkumar
    • Mahalingam Kannan

  • What is the registered address of Magenta Re Asset Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magenta Re Asset Private Limited is 12 South Mada Street, Srinagar Colony Saidapet India, Chennai, Tamil Nadu, 600015.

  • What is the corporate identification number (CIN) and company number of Magenta Re Asset Private Limited?

    The corporate identification number (CIN) of Magenta Re Asset Private Limited is U45200TN2008PTC068410 and the company number is 068410 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Magenta Re Asset Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Magenta Re Asset Private Limited has experienced an downturn of -15.35%.

  • When was the last Balance Sheet of Magenta Re Asset Private Limited filed with the ROC?

    The most recent Balance Sheet for Magenta Re Asset Private Limited was filed with the ROC on 31 Mar 2024.

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