Magic Fasteners Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 7.50 M
as on 23-10-2024
- Company Age 31 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.55 Cr
as on 23-10-2024
- Satisfied Charges ₹ 22.04 Cr
as on 23-10-2024
- Revenue 10.99%
(FY 2023)
- Profit 1.31%
(FY 2023)
- Ebitda 11.45%
(FY 2023)
- Net Worth 17.55%
(FY 2023)
- Total Assets 19.27%
(FY 2023)
About Magic Fasteners
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 1.00 Cr and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹18.55 Cr. The company has closed loans amounting to ₹22.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Akhil Jain and Rahul Jain serve as directors at the Company.
- CIN/LLPIN
U17297DL1993PTC053817
- Company No.
053817
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 May 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Magic Fasteners Private Limited offer?
Magic Fasteners Private Limited offers a wide range of products and services, including Abrasives & Grains, Polishing Abrasives, Industrial Fabrics and Textiles, Industrial Fabric, Cables & Wiring Components, Cable Ties.
Who are the key members and board of directors at Magic Fasteners?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Jain  | Director | 01-Oct-2009 | Current |
| Akhil Jain | Director | 01-Oct-2009 | Current |
Financial Performance of Magic Fasteners.
Magic Fasteners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.99% increase. The company also saw a slight improvement in profitability, with a 1.31% increase in profit. The company's net worth Soared by an impressive increase of 17.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magic Fasteners?
In 2023, Magic Fasteners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Magbros Filaments Private LimitedActive 2 years 5 months
Akhil Jain and Rahul Jain are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 20 Aug 2024 | ₹0.04 M | Open |
Hdfc Bank Limited Creation Date: 13 Dec 2022 | ₹1.05 M | Open |
Sidbi Creation Date: 09 Mar 2021 | ₹1.00 Cr | Open |
How Many Employees Work at Magic Fasteners?
Unlock and access historical data on people associated with Magic Fasteners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magic Fasteners, 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 Magic Fasteners'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.
