Magma Machining Profile
Key Indicators
- Authorised Capital ₹ 4.50 M
- Paid Up Capital ₹ 4.50 M
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
- Satisfied Charges ₹ 2.05 Cr
- Revenue Growth 13.07%
- Profit Growth 24.08%
- Ebitda 9.68%
- Net Worth 10.46%
- Total Assets 32.90%
About Magma Machining
Magma Machining Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 March 2007 and has a history of 17 years and 11 months. Its registered office is in Gandhi Nagar, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 4.50 M and a paid-up capital of Rs 4.50 M.
The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹2.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Monu Pajni and Yogesh Pajni serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29100GJ2007PTC050159
- Company No.
050159
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Mar 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Magma Machining?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Pajni  | Director | 06-Mar-2007 | Current |
| Monu Pajni | Director | 04-Jan-2017 | Current |
Financial Performance of Magma Machining.
Magma Machining Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.07% increase. The company also saw a substantial improvement in profitability, with a 24.08% increase in profit. The company's net worth Soared by an impressive increase of 10.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magma Machining?
In 2023, Magma Machining had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹15.00 M
₹20.50 M
Charges Breakdown by Lending Institutions
- Others : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2024 | Others | ₹1.50 Cr | Open |
| 12 Aug 2021 | Hdfc Bank Limited | ₹7.50 M | Satisfied |
| 08 Aug 2018 | Others | ₹8.50 M | Satisfied |
| 28 Mar 2013 | The Saurashtra Co-Operative Bank Limited | ₹3.00 M | Satisfied |
| 17 Sep 2007 | Syndicate Bank | ₹1.50 M | Satisfied |
How Many Employees Work at Magma Machining?
Unlock and access historical data on people associated with Magma Machining, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magma Machining, 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 Machining'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.
