Magfab Digitech Creations Private Limited

Manufactures and trades footwear, incorporated in 2018 and based in Delhi.

2018 | Delhi (India) | Active
Last Updated: December 15, 2024

Magfab Digitech Creations Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.10 M
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.90 Cr
  • Revenue Growth 81601.64%
  • Profit Growth 726.72%
  • Ebitda 10502.05%
  • Net Worth 150.25%
  • Total Assets 1163.10%

About Magfab Digitech Creations

Magfab Digitech Creations Private Limited (MDCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 05 September 2018 (Six years and four months 29 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Consumer Goods 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 7.50 M and a paid-up capital of Rs 5.10 M.

The company currently has active open charges totaling ₹6.90 Cr.

Rahul Jain, Rachit Jain, Heena Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U19129DL2018PTC338297

  • Company No.

    338297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

Who are the key members and board of directors at Magfab Digitech Creations?

Board Members (4)

Name Designation Appointment Date Status
Rahul Jain Country flag representing In Director 05-Sep-2018 Current
Rachit Jain Country flag representing In Director 05-Sep-2018 Current
Heena Jain Country flag representing In Director 05-Sep-2018 Current
Rachna Jain Country flag representing In Director 05-Sep-2018 Current

Financial Performance of Magfab Digitech Creations.

Magfab Digitech Creations Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 81601.64% increase. The company also saw a substantial improvement in profitability, with a 726.72% increase in profit. The company's net worth Soared by an impressive increase of 150.25%.

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
81601.64%
Revenue from Operations
81601.58%
Total Assets
1163.10%
Profit or Loss
726.72%
Net Worth
150.25%
EBITDA
10502.05%

What is the Ownership and Shareholding Structure of Magfab Digitech Creations?

In 2020, Magfab Digitech Creations 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

₹69.01 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.15 Cr
  • Yes Bank Limited : 2.59 Cr
  • Hdfc Bank Limited : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2022 Hdfc Bank Limited ₹1.57 M Open
01 Oct 2021 Others ₹4.15 Cr Open
06 May 2019 Yes Bank Limited ₹2.59 Cr Open

How Many Employees Work at Magfab Digitech Creations?

Magfab Digitech Creations has a workforce of 7 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magfab Digitech Creations, 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 Magfab Digitech Creations'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 Magfab Digitech Creations

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 41.50 M registered on 01 Oct 2021 with Charge ID 100493612 was modified on 16 Oct 2024.

    16 Oct 2024

  • Annual General Meeting

    Magfab Digitech Creations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magfab Digitech Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.57 M with Charge ID 100560098 was registered on 31 Jan 2022.

    31 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 41.50 M with Charge ID 100493612 was registered on 01 Oct 2021.

    01 Oct 2021

  • Charges

    A charge with Yes Bank Limited of Rs. 25.94 M registered on 06 May 2019 with Charge ID 100283510 was modified on 26 Jun 2020.

    26 Jun 2020

Frequently asked questions

  • Magfab Digitech Creations Private Limited was incorporated on 05 Sep 2018.

  • The authorized share capital of Magfab Digitech Creations Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.10 M.

  • Currently 4 directors are associated with Magfab Digitech Creations Private Limited.

    • Rahul Jain
    • Rachit Jain
    • Heena Jain
    • Rachna Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magfab Digitech Creations Private Limited is Z-157 First Floor, Loha Mandi India, Naraina, Delhi, 110028.

  • The corporate identification number (CIN) of Magfab Digitech Creations Private Limited is U19129DL2018PTC338297 and the company number is 338297 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Magfab Digitech Creations Private Limited has risen by 81601.64%.

  • As Per 2020 financial reports, 7 employees are currently employed by Magfab Digitech Creations Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Magfab Digitech Creations Private Limited has experienced an upsurge of 150.25%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Magfab Digitech Creations Private Limited amount to ₹ 6.90 Cr.

  • The most recent Balance Sheet for Magfab Digitech Creations Private Limited was filed with the ROC on 31 Mar 2024.