Maghan Paper Mills Profile
Key Indicators
- Authorised Capital ₹ 1.35 Cr
- Paid Up Capital ₹ 8.34 M
- Company Age 50 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 67.68 Cr
- Satisfied Charges ₹ 14.48 Cr
- Revenue Growth -7.38%
- Profit Growth -335.95%
- Ebitda -65.20%
- Net Worth -17.95%
- Total Assets 1.51%
About Maghan Paper Mills
Maghan Paper Mills Pvt Ltd (MPMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 1974 and has a history of 50 years and seven months. Its registered office is in Sangrur, Punjab, India.
The Company is engaged in the Packaging 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 1.35 Cr and a paid-up capital of Rs 8.34 M.
The company currently has active open charges totaling ₹67.68 Cr. The company has closed loans amounting to ₹14.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Maghan and Gaurav Maghan serve as directors at the Company.
Company Details
- Location
Sangrur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U21012PB1974PTC003493
- Company No.
003493
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Sep 1974
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Packaging
Maghan Paper Mills Pvt Ltd
Explore comprehensive data for Maghan Paper Mills Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Maghan Paper Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Maghan  | Whole-Time Director | 19-Sep-1974 | Current |
| Gaurav Maghan | Whole-Time Director | 01-Nov-1994 | Current |
Financial Performance of Maghan Paper Mills.
Maghan Paper Mills Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.38% decrease. The company also saw a substantial fall in profitability, with a 335.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maghan Paper Mills?
In 2023, Maghan Paper Mills had a promoter holding of 99.76% and a public holding of 0.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹67.68 Cr
Satisfied Charges
₹14.48 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 54.89 Cr
- Axis Bank Limited : 12.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2022 | Hdfc Bank Limited | ₹1.55 M | Open |
| 07 Jan 2019 | Axis Bank Limited | ₹12.79 Cr | Open |
| 28 Sep 2006 | Hdfc Bank Limited | ₹54.73 Cr | Open |
| 28 Sep 2006 | Hdfc Bank Limited | ₹12.37 Cr | Satisfied |
| 29 Oct 2004 | Bank Of Punjab | ₹3.29 M | Satisfied |
How Many Employees Work at Maghan Paper Mills?
Maghan Paper Mills has a workforce of 251 employees as of Apr 06, 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 Maghan Paper Mills, 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 Maghan Paper Mills'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 Maghan Paper Mills
Recent activity within the organization
- Annual General Meeting
Maghan Paper Mills Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Maghan Paper Mills Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 54.73 Cr registered on 28 Sep 2006 with Charge ID 10021311 was modified on 05 Dec 2023.
- Charges
A charge with Axis Bank Limited of Rs. 12.79 Cr registered on 07 Jan 2019 with Charge ID 100229890 was modified on 02 Mar 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100643176 was registered on 21 Nov 2022.
- Charges
A charge registered on 28 Sep 2006 via Charge ID 10021314 with Hdfc Bank Limited was fully satisfied on 03 Aug 2020.
Frequently asked questions
What is the Incorporation or founding date of Maghan Paper Mills Pvt Ltd?
Maghan Paper Mills Pvt Ltd was incorporated on 19 Sep 1974.
What is authorized share capital and paid-up capital of Maghan Paper Mills Pvt Ltd?
The authorized share capital of Maghan Paper Mills Pvt Ltd is ₹ 1.35 Cr and paid-up capital is ₹ 8.34 M.
Who are the current board members & directors of Maghan Paper Mills Pvt Ltd?
Currently 2 directors are associated with Maghan Paper Mills Pvt Ltd.
- Vinod Parkash Maghan
- Gaurav Maghan
What is the registered address of Maghan Paper Mills Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Maghan Paper Mills Pvt Ltd is Village Sibian Sunam Road Sangrur India, Sibian Sangrur, Punjab, 148001.
What is the corporate identification number (CIN) and company number of Maghan Paper Mills Pvt Ltd?
The corporate identification number (CIN) of Maghan Paper Mills Pvt Ltd is U21012PB1974PTC003493 and the company number is 003493 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maghan Paper Mills Pvt Ltd?
The Official website of Maghan Paper Mills Pvt Ltd is https://www.maghanpapers.com
What has been the recent revenue trend for Maghan Paper Mills Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Maghan Paper Mills Pvt Ltd has fallen by -7.38%.
How many employees does Maghan Paper Mills Pvt Ltd currently have?
As Per 2023 financial reports, 251 employees are currently employed by Maghan Paper Mills Pvt Ltd.
What change has been observed in the net worth of Maghan Paper Mills Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maghan Paper Mills Pvt Ltd has experienced an downturn of -17.95%.
What are the total open charges for Maghan Paper Mills Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Maghan Paper Mills Pvt Ltd amount to ₹ 67.68 Cr.
When was the last Balance Sheet of Maghan Paper Mills Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Maghan Paper Mills Pvt Ltd was filed with the ROC on 31 Mar 2024.
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