Magma Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 4.84 Cr
as on 16-11-2024
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 26.65 Cr
as on 16-11-2024
- Satisfied Charges ₹ 31.88 Cr
as on 16-11-2024
- Revenue -19.95%
(FY 2023)
- Profit -241.53%
(FY 2023)
- Ebitda -75.10%
(FY 2023)
- Net Worth -16.99%
(FY 2023)
- Total Assets 10.49%
(FY 2023)
About Magma Industries
The Corporate was formerly known as Ravi Rasayan Industries Limited. The Company is engaged in the Pharma 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 5.00 Cr and a paid-up capital of Rs 4.84 Cr.
The company currently has active open charges totaling ₹26.65 Cr. The company has closed loans amounting to ₹31.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arpit Rajvanshi, Sanjay Agarwal, and Amit Kaushik serve as directors at the Company.
- CIN/LLPIN
U24129UP1999PLC024442
- Company No.
024442
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 May 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Muzaffarnagar, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Magma Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arpit Rajvanshi  | Managing Director | 12-May-2008 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Agarwal | Whole-Time Director | 02-Apr-2016 | Current |
| Amit Kaushik | Whole-Time Director | 20-Jul-2018 | Current |
Financial Performance of Magma Industries.
Magma Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.95% decrease. The company also saw a substantial fall in profitability, with a 241.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Magma Industries?
In 2023, Magma Industries had a promoter holding of 70.22% and a public holding of 29.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 08 Sep 2021 | ₹26.65 Cr | Open |
Others Creation Date: 24 May 2018 | ₹0.60 M | Satisfied |
Others Creation Date: 24 May 2018 | ₹0.65 M | Satisfied |
How Many Employees Work at Magma Industries?
Magma Industries has a workforce of 195 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 Magma Industries, 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 Industries'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.
