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
- 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
Magma Industries Limited
Explore comprehensive data for Magma Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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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)
Open Charges
₹26.65 Cr
Satisfied Charges
₹31.88 Cr
Charges Breakdown by Lending Institutions
- Others : 26.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2021 | Others | ₹26.65 Cr | Open |
| 24 May 2018 | Others | ₹0.60 M | Satisfied |
| 24 May 2018 | Others | ₹0.65 M | Satisfied |
| 06 Apr 2018 | Others | ₹3.50 M | Satisfied |
| 30 Nov 2017 | Others | ₹1.90 Cr | 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.
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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