Magna Automotive India Profile
Key Indicators
- Authorised Capital ₹ 1,905.30 Cr
- Paid Up Capital ₹ 1,905.27 Cr
- Company Age 15 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 65.88%
- Profit Growth 69.52%
- Ebitda 141.97%
- Net Worth -17.59%
- Total Assets 8.60%
About Magna Automotive India
Magna Automotive India Private Limited (MAIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 07 May 2009 and has a history of 15 years and 11 months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Magna Automotive India Private Limited. The Company is engaged in the Automotive 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 1,905.30 Cr and a paid-up capital of Rs 1,905.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magna Automotive India Private Limited India is Manisha Kabra as COMPANY SECRETARY. Francis Obrien, Viney Gupta, Sudeep Sinha, and Six other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34200PN2009FTC133906
- Company No.
133906
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
07 May 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Automotive
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 Roofing and False ceiling, Roof Fittings, Metal Alloys, Aluminum Alloys, Event Management Services, Stamping Tools & Stamping Machine, Metal Stampings, Bending & Metalwork Machines, Roll Forming Machine, Steel & Stainless Steel Products.
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 |
|---|---|---|---|
Manisha Kabra  | Company Secretary | 09-Jun-2022 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pankaj Chowdhary | Director | 15-Sep-2015 | Current |
Francis Obrien  | Director | 18-Sep-2018 | Current |
| Viney Gupta | Director | 18-Sep-2018 | Current |
| Sudeep Sinha | Director | 22-Oct-2021 | Current |
| Chrimson Appadurai | Director | 22-Oct-2021 | Current |
| Navin Dhaka | Additional Director | 12-Jun-2024 | Current |
Financial Performance of Magna Automotive India.
Magna Automotive India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 65.88% increase. The company also saw a substantial improvement in profitability, with a 69.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.59%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Magna Automotive India?
In 2022, 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)
Magna Electronics India Private LimitedNavin Dhaka is a mutual person
Tm Automotive Seating Systems Private LimitedViney Gupta is a mutual person
Grinntech Motors And Services Private LimitedPankaj Chowdhary is a mutual person
Magna Yuma Private LimitedPankaj Chowdhary is a mutual person
Tmwb Foam Private LimitedViney Gupta is a mutual person
- Tm Fainsa Railway 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 1919 employees as of Apr 03, 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 30 Sep 2024 as per latest MCA records.
- Director Appointment
Navin Dhaka was appointed as a Additional Director was appointed as a Additional Director on 12 Jun 2024 & has been associated with this company since 10 months 14 days .
- Balance Sheet
Magna Automotive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Director Appointment
Francis Joseph Obrien was appointed as a Director was appointed as a Director on 18 Sep 2018 & has been associated with this company since 6 years 7 months .
- Director Appointment
Viney Gupta was appointed as a Director was appointed as a Director on 18 Sep 2018 & has been associated with this company since 6 years 7 months .
- Director Appointment
Nandkumar Avinash Rangnekar was appointed as a Director was appointed as a Director on 18 Sep 2018 & has been associated with this company since 6 years 7 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 07 May 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 ₹ 1,905.30 Cr and paid-up capital is ₹ 1,905.27 Cr.
Who are the current board members & directors of Magna Automotive India Private Limited?
Currently 10 directors are associated with Magna Automotive India Private Limited.
- Francis Joseph Obrien
- Viney Gupta
- Sudeep Sinha
- Chrimson Johnson Appadurai
- Pankaj Chowdhary
- Navin Dhaka
- Nandkumar Avinash Rangnekar
- Sandeep Kumar Srivastava
- Lionel Edward Jordan
- Manisha Aalok Kabra
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 1St Floor Kapil Zenith Sr. N. 55 Hissa No. 1 Bavdhan Khurd, Mulshi India, Pune City, Maharashtra, 411021.
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 U34200PN2009FTC133906 and the company number is 133906 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 2022, the revenue trend for Magna Automotive India Private Limited has risen by 65.88%.
How many employees does Magna Automotive India Private Limited currently have?
As Per 2022 financial reports, 1919 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 2022 indicates that The net worth of Magna Automotive India Private Limited has experienced an downturn of -17.59%.
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 2024.
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