Magna Accounting Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 19-12-2024
- Paid Up Capital ₹ 0.70 M
as on 19-12-2024
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 7.74 M
as on 19-12-2024
- Revenue -24.22%
(FY 2020)
- Profit 626.37%
(FY 2020)
- Ebitda -486.15%
(FY 2020)
- Net Worth 17.45%
(FY 2020)
- Total Assets 11.15%
(FY 2020)
About Magna Accounting Services
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
-
- Social Media-
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.
Related Corporates (Common Directorship)
Siddhartha Multi Ventures Private LimitedActive 20 years 20 daysVivek Agarwal, Sushma Agarwal and 1 more are mutual person
- Indutch Ventures Services Private LimitedActive 29 years 11 months
Vivek Agarwal, Sushma Agarwal and 1 more are mutual person
- Meadowlands Cottages LlpActive 2 years 6 months
Sushma Agarwal and Vikash Agarwall are mutual person
- Direct Maintenance India Private Limited.Active 18 years 4 months
Sushma Agarwal and Vikash Agarwall are mutual person
- Bliss Cottage Private LimitedActive 15 years 5 months
Sushma Agarwal and Vikash Agarwall are mutual person
- Magna Strategic Advisors Private LimitedActive 24 years 4 months
Sushma Agarwal and Vikash Agarwall are mutual person
Charges (Loans)
₹0
₹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.