Magna Automotive India Profile
Key Indicators
- Authorised Capital ₹ 155.00 Cr
- Paid Up Capital ₹ 133.65 Cr
- Company Age 16 Year, 1 Month
- 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 16 Year, 1 Month 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
- 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.
Magna Automotive India Private Limited
Explore comprehensive data for Magna Automotive India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magna Automotive India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arul Sarathi  | Company Secretary | 16-Aug-2010 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Joydeep Banerjee | Director | 26-Jun-2015 | Current |
Bassem Shakeel  | Director | 10-Jun-2016 | Current |
| Viney Gupta | Director | 11-Aug-2017 | Current |
Deval Desai  | Director | 10-Jun-2016 | Current |
| Francis Obrien | Director | 10-Jun-2016 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
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Viney Gupta and Francis Obrien are mutual person
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- Tm Fainsa Railway Private Limited
Viney Gupta is a mutual person
- Tmrp Auto Trims Private Limited
Viney Gupta is a mutual person
Charges (Loans)
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.
Deals i
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
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 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.
- 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 8 months .
- Balance Sheet
Magna Automotive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.
- 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 11 months .
- 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 11 months .
- 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 11 months .
Recent News, Updates & Announcement
GM, Magna, and Wipro Join Hands To Develop B2B Automotive Software Marketplace ‘SDVerse’.General Motors (GM), Magna, and Wipro teamed up to develop a B2B sales platform for buying and selling automotive software SDVerse serves as....
- Bajaj Auto And Magna Increase Their Ownership In Yulu.
Returning investors Bajaj Auto and Magna have invested $19.25 million in shared electric mobility company Yulu as part of a Series B round of funding. Yulu is.
- Yulu Bikes raises USD 19.25-million capital in equity funding.
Electric bike-sharing platform Yulu Bikes on Friday said it has secured USD 19.25-million (Rs 160 crore) capital in equity funding through the issuance of shar....
- Yulu raises $19.25 mn from existing investors Bajaj Auto, Magna | Mint.
Yulu plans to raise its Series C funding this year to strengthen the mobility-as-a-service segment by deepening existing business lines and expanding into new use cases and geographies.
Frequently asked questions
What is the Incorporation or founding date of Magna Automotive India Private Limited?
Magna Automotive India Private Limited was incorporated on 13 Mar 2009.
What is authorized share capital and paid-up capital of Magna Automotive India Private Limited?
The authorized share capital of Magna Automotive India Private Limited is ₹ 155.00 Cr and paid-up capital is ₹ 133.65 Cr.
Who are the current board members & directors of Magna Automotive India Private Limited?
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
What is the registered address of Magna Automotive India Private Limited?
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.
What is the corporate identification number (CIN) and company number of Magna Automotive India Private Limited?
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).
What is the official website of Magna Automotive India Private Limited?
The Official website of Magna Automotive India Private Limited is https://www.magna.com
What has been the recent revenue trend for Magna Automotive India Private Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Magna Automotive India Private Limited has risen by 96.33%.
How many employees does Magna Automotive India Private Limited currently have?
As Per 2017 financial reports, 1002 employees are currently employed by Magna Automotive India Private Limited.
What change has been observed in the net worth of Magna Automotive India Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Magna Automotive India Private Limited filed with the ROC?
The most recent Balance Sheet for Magna Automotive India Private Limited was filed with the ROC on 31 Mar 2017.
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