Magma Industries Limited

Pharmaceutical company manufacturing active ingredients and offering contract manufacturing services.

1999 | Muzaffarnagar, Uttar Pradesh (India) | Active
Last Updated:

Magma Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.84 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.65 Cr
  • Satisfied Charges ₹ 31.88 Cr
  • Revenue Growth -19.95%
  • Profit Growth -241.53%
  • Ebitda -75.10%
  • Net Worth -16.99%
  • Total Assets 10.49%

About Magma Industries

Magma Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 May 1999 and has a history of 25 years and nine months. Its registered office is in Muzaffarnagar, Uttar Pradesh, India.

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.

Company Details

  • Location

    Muzaffarnagar, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magmaindustries.in

  • Social Media
    -

Corporate Identity Details

  • 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

Pharma

Who are the key members and board of directors at Magma Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Arpit Rajvanshi Country flag representing In Managing Director12-May-2008Current

Board Members (2)

NameDesignationAppointment DateStatus
Sanjay Agarwal Country flag representing In Whole-Time Director 02-Apr-2016Current
Amit Kaushik Country flag representing In Whole-Time Director 20-Jul-2018Current

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%.

Magma Industries revenue growth over time
Magma Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-19.95%
Revenue from Operations
-19.93%
Total Assets
10.49%
Profit or Loss
-241.53%
Net Worth
-16.99%
EBITDA
-75.10%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.65 Cr

Satisfied Charges

₹31.88 Cr

Charges Breakdown by Lending Institutions

  • Others : 26.65 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2021Others₹26.65 CrOpen
24 May 2018Others₹0.60 MSatisfied
24 May 2018Others₹0.65 MSatisfied
06 Apr 2018Others₹3.50 MSatisfied
30 Nov 2017Others₹1.90 CrSatisfied

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.

Employee growth trends for Magma Industries Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Magma Industries

Recent activity within the organization

  • Annual General Meeting

    Magma Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magma Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Others of Rs. 26.65 Cr registered on 08 Sep 2021 with Charge ID 100483696 was modified on 15 Jun 2023.

  • Charges

    A charge registered on 24 May 2018 via Charge ID 100185323 with Others was fully satisfied on 06 Oct 2021.

  • Charges

    A charge registered on 24 May 2018 via Charge ID 100187883 with Others was fully satisfied on 06 Oct 2021.

  • Charges

    A charge registered on 06 Apr 2018 via Charge ID 100170204 with Others was fully satisfied on 06 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Magma Industries Limited?

    Magma Industries Limited was incorporated on 21 May 1999.

  • What is authorized share capital and paid-up capital of Magma Industries Limited?

    The authorized share capital of Magma Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.84 Cr.

  • Who are the current board members & directors of Magma Industries Limited?

    Currently 3 directors are associated with Magma Industries Limited.

    • Arpit Rajvanshi
    • Sanjay Agarwal
    • Amit Kumar Kaushik

  • What is the registered address of Magma Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magma Industries Limited is Plot No. C-24 To C-28 Upsidc Industrial Area Meerut Road Begrajpur, (U .P.) India, Muzaffarnagar, Uttar Pradesh, 251203.

  • What is the corporate identification number (CIN) and company number of Magma Industries Limited?

    The corporate identification number (CIN) of Magma Industries Limited is U24129UP1999PLC024442 and the company number is 024442 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magma Industries Limited?

    The Official website of Magma Industries Limited is https://www.magmaindustries.in

  • What has been the recent revenue trend for Magma Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magma Industries Limited has fallen by -19.95%.

  • How many employees does Magma Industries Limited currently have?

    As Per 2023 financial reports, 195 employees are currently employed by Magma Industries Limited.

  • What change has been observed in the net worth of Magma Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magma Industries Limited has experienced an downturn of -16.99%.

  • What are the total open charges for Magma Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magma Industries Limited amount to ₹ 26.65 Cr.

  • When was the last Balance Sheet of Magma Industries Limited filed with the ROC?

    The most recent Balance Sheet for Magma Industries Limited was filed with the ROC on 31 Mar 2024.

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