Magna Automotive India Private Limited

Manufacturer of automobile parts and engineering services for passenger cars.

2009 | Kanchipuram, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Magna Automotive India Profile

Key Indicators

  • Authorised Capital ₹ 155.00 Cr
  • Paid Up Capital ₹ 133.65 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2017
  • Revenue Growth 96.33%
  • Profit Growth 426.37%
  • Ebitda 335.75%
  • Net Worth 147.65%
  • Total Assets 37.84%

About Magna Automotive India

Magna Automotive India Private Limited (MAIPL) is Amalgamated company established on 13 Mar 2009 with its office registered at Kanchipuram, Tamil Nadu, India and has been running since 15 Year, 11 Months with a paid up capital of 133.65 Cr. According to MCA records, 5 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magna.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29100TN2009FTC070983

  • Company No.

    070983

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    13 Mar 2009

  • Date of AGM

    29 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive
Engineering

What products or services does Magna Automotive India Private Limited offer?

Magna Automotive India Private Limited offers a wide range of products and services, including Business Consultant, Management Service, Energy Conservation, Energy Management Service, Architectural & Civil Engineering, Engineering Consultant Service, Sheet Metal & Turned Components, Machine Parts, Automobile Bodies, Chassis.

Who are the key members and board of directors at Magna Automotive India?

Executive Team (1)

NameDesignationAppointment DateStatus
Arul Sarathi Country flag representing In Company Secretary16-Aug-2010Current

Board Members (5)

NameDesignationAppointment DateStatus
Joydeep Banerjee Country flag representing In Director 26-Jun-2015Current
Bassem Shakeel Country flag representing Ca Director 10-Jun-2016Current
Viney Gupta Country flag representing In Director 11-Aug-2017Current
Deval Desai Country flag representing Us Director 10-Jun-2016Current
Francis Obrien Country flag representing Us Director 10-Jun-2016Current

Financial Performance of Magna Automotive India.

Magna Automotive India Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 96.33% increase. The company also saw a substantial improvement in profitability, with a 426.37% increase in profit. The company's net worth Soared by an impressive increase of 147.65%.

Graph illustrating revenue growth over time
Graph showing 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
96.33%
Revenue from Operations
94.34%
Total Assets
37.84%
Profit or Loss
426.37%
Net Worth
147.65%
EBITDA
335.75%

What is the Ownership and Shareholding Structure of Magna Automotive India?

In 2017, Magna Automotive India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magna Automotive India?

Magna Automotive India has a workforce of 1002 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magna Automotive India, 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 Automotive India'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 Magna Automotive India

Recent activity within the organization

  • Annual General Meeting

    Magna Automotive India Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.

    29 Sep 2017

  • Director Appointment

    Viney Gupta was appointed as a Director was appointed as a Director on 11 Aug 2017 & has been associated with this company since 7 years 6 months .

    11 Aug 2017

  • Balance Sheet

    Magna Automotive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.

    31 Mar 2017

  • Director Appointment

    Bassem Aziz Shakeel was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 8 years 8 months .

    10 Jun 2016

  • Director Appointment

    Deval Mahadev Desai was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 8 years 8 months .

    10 Jun 2016

  • Director Appointment

    Francis Joseph Obrien was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 8 years 8 months .

    10 Jun 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Magna Automotive India Private Limited was incorporated on 13 Mar 2009.

  • The authorized share capital of Magna Automotive India Private Limited is ₹ 155.00 Cr and paid-up capital is ₹ 133.65 Cr.

  • Currently 6 directors are associated with Magna Automotive India Private Limited.

    • Viney Gupta
    • Joydeep Banerjee
    • Bassem Aziz Shakeel
    • Deval Mahadev Desai
    • Arul Ganesh Sarathi
    • Francis Joseph Obrien
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magna Automotive India Private Limited is Plot No. 17 Chithamanoor Industrial Area 3, India, Maraimalai Nagar, Tamil Nadu, 603209.

  • The corporate identification number (CIN) of Magna Automotive India Private Limited is U29100TN2009FTC070983 and the company number is 070983 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magna Automotive India Private Limited is https://www.magna.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Magna Automotive India Private Limited has risen by 96.33%.

  • As Per 2017 financial reports, 1002 employees are currently employed by Magna Automotive India Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Magna Automotive India Private Limited has experienced an upsurge of 147.65%.

  • The most recent Balance Sheet for Magna Automotive India Private Limited was filed with the ROC on 31 Mar 2017.

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