Magna Accounting Services Private Limited
Provides business management services, specialized advice, and strategic partnerships for clients in India and abroad.
2009 | Delhi (India) | Active
Magna Accounting Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.70 M
- Company Age 15 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 7.74 M
- Revenue Growth -24.22%
- Profit Growth 626.37%
- Ebitda -486.15%
- Net Worth 17.45%
- Total Assets 11.15%
About Magna Accounting Services
Magna Accounting Services Private Limited (MASPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 November 2009 and has a history of 15 years and five months. Its registered office is in Delhi, India.
The Company is engaged in the Business Services 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 1.00 M and a paid-up capital of Rs 0.70 M.
The company has closed loans amounting to ₹7.74 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Vivek Agarwal, Sushma Agarwal, and Vikash Agarwall serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900DL2009PTC196135
- Company No.
196135
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Nov 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Business Services
Magna Accounting Services Private Limited
Explore comprehensive data for Magna Accounting Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magna Accounting Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Agarwal  | Director | 02-Dec-2016 | Current |
| Sushma Agarwal | Director | 18-Nov-2009 | Current |
| Vikash Agarwall | Director | 04-Aug-2016 | Current |
Financial Performance of Magna Accounting Services.
Magna Accounting Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 24.22% decrease. The company also saw a substantial improvement in profitability, with a 626.37% increase in profit. The company's net worth Soared by an impressive increase of 17.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magna Accounting Services?
In 2020, Magna Accounting Services had a promoter holding of 98.00% and a public holding of 2.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Vivek Agarwal, Sushma Agarwal and 1 more are mutual person
- Indutch Ventures Services Private Limited
Vivek Agarwal, Sushma Agarwal and 1 more are mutual person
- Meadowlands Cottages Llp
Sushma Agarwal and Vikash Agarwall are mutual person
- Direct Maintenance India Private Limited.
Sushma Agarwal and Vikash Agarwall are mutual person
- Bliss Cottage Private Limited
Sushma Agarwal and Vikash Agarwall are mutual person
- Magna Strategic Advisors Private Limited
Sushma Agarwal and Vikash Agarwall are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹7.74 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2016 | Hdfc Bank Limited | ₹7.74 M | Satisfied |
How Many Employees Work at Magna Accounting Services?
Unlock and access historical data on people associated with Magna Accounting Services, 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 Magna Accounting Services, 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 Magna Accounting Services'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 Magna Accounting Services
Recent activity within the organization
- Annual General Meeting
Magna Accounting Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magna Accounting Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 25 Oct 2016 via Charge ID 100072879 with Hdfc Bank Limited was fully satisfied on 18 Apr 2017.
- Director Appointment
Vivek Agarwal was appointed as a Director was appointed as a Director on 02 Dec 2016 & has been associated with this company since 8 years 4 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.74 M with Charge ID 100072879 was registered on 25 Oct 2016.
- Director Appointment
Vikash Agarwall was appointed as a Director was appointed as a Director on 04 Aug 2016 & has been associated with this company since 8 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Magna Accounting Services Private Limited?
Magna Accounting Services Private Limited was incorporated on 18 Nov 2009.
What is authorized share capital and paid-up capital of Magna Accounting Services Private Limited?
The authorized share capital of Magna Accounting Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.70 M.
Who are the current board members & directors of Magna Accounting Services Private Limited?
Currently 3 directors are associated with Magna Accounting Services Private Limited.
- Vivek Agarwal
- Sushma Agarwal
- Vikash Agarwall
What is the registered address of Magna Accounting Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magna Accounting Services Private Limited is B-1/1653 Vasant Kunj India, New Delhi, 110070.
What is the corporate identification number (CIN) and company number of Magna Accounting Services Private Limited?
The corporate identification number (CIN) of Magna Accounting Services Private Limited is U74900DL2009PTC196135 and the company number is 196135 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magna Accounting Services Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Magna Accounting Services Private Limited has fallen by -24.22%.
What change has been observed in the net worth of Magna Accounting Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Magna Accounting Services Private Limited has experienced an upsurge of 17.45%.
When was the last Balance Sheet of Magna Accounting Services Private Limited filed with the ROC?
The most recent Balance Sheet for Magna Accounting Services Private Limited was filed with the ROC on 31 Mar 2024.
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