Maghan Paper Mills Profile
Key Indicators
- Authorised Capital ₹ 1.35 Cr
as on 16-11-2024
- Paid Up Capital ₹ 8.34 M
as on 16-11-2024
- Company Age 50 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 67.68 Cr
as on 16-11-2024
- Satisfied Charges ₹ 14.48 Cr
as on 16-11-2024
- Revenue -7.38%
(FY 2023)
- Profit -335.95%
(FY 2023)
- Ebitda -65.20%
(FY 2023)
- Net Worth -17.95%
(FY 2023)
- Total Assets 1.51%
(FY 2023)
About Maghan Paper Mills
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.
- 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
Company Details
- Location
Sangrur, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
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)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 21 Nov 2022 | ₹1.55 M | Open |
Axis Bank Limited Creation Date: 07 Jan 2019 | ₹12.79 Cr | Open |
Hdfc Bank Limited Creation Date: 28 Sep 2006 | ₹54.73 Cr | Open |
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.
