Magenta Re Asset Private Limited

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:

June 27, 2024
HomeCompanyMagenta Re Asset Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Bakthavachalam Rajkumar In Director 12-Nov-2021Current
Mahalingam Kannan 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹220.00 M

LenderAmountStatus

Housing Development Finance Corporation Limited

Creation Date: 20 Jan 2014
₹20.00 CrSatisfied

Bank Of India

Creation Date: 23 Jan 2009
₹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.

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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 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magenta Re Asset Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • 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 1 month .

    12 Nov 2021

  • 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 1 month .

    12 Nov 2021

  • 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.

    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.

    20 Jan 2014

Frequently asked questions

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

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

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

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

  • 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).

  • 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%.

  • The most recent Balance Sheet for Magenta Re Asset Private Limited was filed with the ROC on 31 Mar 2023.

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