Magic Inox Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.48 Cr
- Satisfied Charges ₹ 9.04 Cr
- Revenue Growth -1.31%
- Profit Growth -68.51%
- Ebitda 41.10%
- Net Worth 7.73%
- Total Assets -9.94%
About Magic Inox
Magic Inox Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2016 (Eight years and eight months 7 days old ). Its registered office is in Roorkee, Uttarakhand, India.
The Company is engaged in the Manufacturing 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 1.20 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹33.48 Cr. The company has closed loans amounting to ₹9.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sitaram Gupta, Santosh Gupta, and Lokesh Gupta serve as directors at the Company.
Company Details
-
Location
Roorkee, Uttarakhand, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U74999UT2016PTC015906
-
Company No.
300773
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
02 Jun 2016
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Uttarakhand
Industry
Who are the key members and board of directors at Magic Inox?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sitaram Gupta
|
Director | 08-Feb-2021 | Current |
|
Santosh Gupta
|
Director | 02-Jun-2016 | Current |
|
Lokesh Gupta
|
Director | 02-Jun-2016 | Current |
Financial Performance of Magic Inox.
Magic Inox Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.31% decrease. The company also saw a substantial fall in profitability, with a 68.51% decrease in profit. The company's net worth moved up by a moderate rise of 7.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Magic Inox?
In 2023, Magic Inox 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)
-
Magic Wires Private LimitedSantosh Gupta and Lokesh Gupta are mutual person
-
Magic Realty Developers Private LimitedSantosh Gupta and Lokesh Gupta are mutual person
-
Voyagerealty Developers Private Limited
Lokesh Gupta is a mutual person
Charges (Loans)
₹33.48 Cr
₹9.04 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 33.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2020 | Hdfc Bank Limited | ₹33.48 Cr | Open |
| 07 Dec 2017 | Indian Overseas Bank | ₹9.04 Cr | Satisfied |
How Many Employees Work at Magic Inox?
Magic Inox has a workforce of 101 employees as of Apr 08, 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 Magic Inox, 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 Inox'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.