Magma Foods Profile
Key Indicators
- Authorised Capital ₹ 1.15 Cr
- Paid Up Capital ₹ 1.11 Cr
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.49 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth -24.88%
- Profit Growth -57.91%
- Ebitda -48.64%
- Net Worth 3.40%
- Total Assets -5.01%
About Magma Foods
Magma Foods Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2012 and has a history of 12 years and six months. Its registered office is in Jajapur, Odisha, India.
The Company is engaged in the Food And Beverages 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 1.15 Cr and a paid-up capital of Rs 1.11 Cr.
The company currently has active open charges totaling ₹16.49 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sunil Agarwal, Yash Dhanawat, Pranav Agarwal, and One other member serve as directors at the Company.
Company Details
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Location
Jajapur, Odisha, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U15412OR2012PTC015724
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Company No.
015724
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Jul 2012
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Cuttack
Industry
What products or services does Magma Foods Private Limited offer?
Magma Foods Private Limited offers a wide range of products and services, including Pickles, Jams & Ketchups, Sauces, Cooking Spices and Masala, Cooking Paste.
Who are the key members and board of directors at Magma Foods?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Agarwal
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Director | 26-Jul-2012 | Current |
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Yash Dhanawat
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Director | 02-May-2023 | Current |
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Pranav Agarwal
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Director | 21-Feb-2020 | Current |
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Pawan Agarwal
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Director | 26-Jul-2012 | Current |
Financial Performance of Magma Foods.
Magma Foods Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.88% decrease. The company also saw a substantial fall in profitability, with a 57.91% decrease in profit. The company's net worth moved up by a moderate rise of 3.4%.
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What is the Ownership and Shareholding Structure of Magma Foods?
In 2023, Magma Foods had a promoter holding of 79.10% and a public holding of 20.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hindustan Purefoods And Energy Private LimitedSunil Agarwal and Yash Dhanawat are mutual person
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Prabhat Impex Private Limited
Sunil Agarwal and Yash Dhanawat are mutual person
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Top Aggro Industries Private Limited
Yash Dhanawat is a mutual person
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Top Cashew Private Limited
Yash Dhanawat is a mutual person
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Ganapati Alloys Private Limited
Pranav Agarwal and Pawan Agarwal are mutual person
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Action Agencies Private Limited
Pranav Agarwal and Pawan Agarwal are mutual person
Charges (Loans)
₹16.49 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Others : 16.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2023 | Others | ₹4.80 Cr | Open |
| 15 Jul 2020 | Others | ₹2.19 M | Open |
| 19 Sep 2019 | Others | ₹6.75 Cr | Open |
| 18 Jan 2016 | Others | ₹4.72 Cr | Open |
| 22 Mar 2013 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Magma Foods?
Magma Foods has a workforce of 62 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 Magma Foods, 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 Magma Foods'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.
