Magestic Premises Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 20-06-2024
- Paid Up Capital ₹ 2.83 M
as on 20-06-2024
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 26.75 Cr
as on 20-06-2024
- Revenue -72.12%
(FY 2022)
- Profit 155.34%
(FY 2022)
- Ebitda -108.30%
(FY 2022)
- Net Worth 2.28%
(FY 2022)
- Total Assets 4.22%
(FY 2022)
About Magestic Premises
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 2.83 M.
The company has closed loans amounting to ₹26.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sureshkumar Jain, Anil Mutha, Babuulal Jain, and One other member serve as directors at the Company.
- CIN/LLPIN
U45200MH2006PTC159215
- Company No.
159215
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jan 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Magestic Premises?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Mutha  | Managing Director | 30-Jan-2006 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yash Mutha | Director | 11-Nov-2022 | Current |
| Sureshkumar Jain | Director | 24-Jan-2006 | Current |
| Babuulal Jain | Director | 24-Mar-2015 | Current |
Financial Performance and Corporate Structure Insights of Magestic Premises.
Magestic Premises Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 72.12% decrease. The company also saw a substantial improvement in profitability, with a 155.34% increase in profit. The company's net worth moved up by a moderate rise of 2.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magestic Premises?
In 2018, Magestic Premises had a promoter holding of 82.33% and a public holding of 17.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Toptime Consumer Private LimitedActive 8 years 6 monthsSureshkumar Jain and Babuulal Jain are mutual person
Deltaspharma India Private LimitedActive 5 years 10 monthsSureshkumar Jain and Babuulal Jain are mutual person
Meridian Buildpro Private LimitedActive 14 years 3 monthsSureshkumar Jain, Anil Mutha and 2 more are mutual person
- Divine Depute Private LimitedActive 28 years 2 months
Sureshkumar Jain and Babuulal Jain are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Tata Capital Financial Services Limited Creation Date: 29 Aug 2018 | ₹7.38 Cr | Satisfied |
Indiabulls Housing Finance Limited Creation Date: 09 Feb 2016 | ₹5.00 Cr | Satisfied |
Indiabulls Housing Finance Limited Creation Date: 09 Dec 2015 | ₹3.37 Cr | Satisfied |
How Many Employees Work at Magestic Premises?
Magestic Premises has a workforce of 1 employees as of Apr 07, 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 Magestic Premises, 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 Magestic Premises'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.
