Magna Electronics India Profile
Key Indicators
- Authorised Capital ₹ 140.00 Cr
- Paid Up Capital ₹ 140.00 Cr
- Company Age 7 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -0.92%
- Profit Growth -1.90%
- Ebitda -32.77%
- Net Worth -20.59%
- Total Assets -10.74%
About Magna Electronics India
Magna Electronics India Private Limited (MEIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 26 December 2017 (Seven years and two months 17 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Veoneer 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 140.00 Cr and a paid-up capital of Rs 140.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magna Electronics India Private Limited India is Navin Agarwal as COMPANY SECRETARY. Navin Dhaka and John Rogers serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35923KA2017FTC108947
- Company No.
108947
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
26 Dec 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
Information Technology
Magna Electronics India Private Limited
Explore comprehensive data for Magna Electronics India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magna Electronics India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navin Dhaka  | Managing Director | 30-Mar-2018 | Current |
| Navin Agarwal | Company Secretary | 12-Jul-2018 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| John Rogers | Director | 09-Feb-2024 | Current |
Financial Performance of Magna Electronics India.
Magna Electronics India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.92% decrease. The company also saw a slight decrease in profitability, with a 1.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magna Electronics India?
In 2023, Magna Electronics 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 Automotive India Private LimitedNavin Dhaka 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 Electronics India?
Magna Electronics India has a workforce of 413 employees as of Apr 06, 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 Electronics 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 Electronics 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 Electronics India
Recent activity within the organization
- Annual General Meeting
Magna Electronics India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magna Electronics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
John Harold Rogers was appointed as a Director was appointed as a Director on 09 Feb 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Navin Kumar Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jul 2018 & has been associated with this company since 6 years 8 months .
- Director Appointment
Navin Dhaka was appointed as a Managing Director was appointed as a Managing Director on 30 Mar 2018 & has been associated with this company since 6 years 11 months .
- Company Incorporation
Magna Electronics India Private Limited was registered on 26 Dec 2017 with Roc Bangalore & aged 7 years 2 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Magna Electronics India Private Limited?
Magna Electronics India Private Limited was incorporated on 26 Dec 2017.
What is authorized share capital and paid-up capital of Magna Electronics India Private Limited?
The authorized share capital of Magna Electronics India Private Limited is ₹ 140.00 Cr and paid-up capital is ₹ 140.00 Cr.
Who are the current board members & directors of Magna Electronics India Private Limited?
Currently 3 directors are associated with Magna Electronics India Private Limited.
- Navin Dhaka
- Navin Kumar Agarwal
- John Harold Rogers
What is the registered address of Magna Electronics India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magna Electronics India Private Limited is No. G-1006 Ground Floor, Block 1 The Complex Known Janapriya Hanuma Reddy Also Ardente Office One India, Bangalore North, Karnataka, 560048.
What is the corporate identification number (CIN) and company number of Magna Electronics India Private Limited?
The corporate identification number (CIN) of Magna Electronics India Private Limited is U35923KA2017FTC108947 and the company number is 108947 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magna Electronics India Private Limited?
The Official website of Magna Electronics India Private Limited is https://www.veoneerindia.teamtailor.com
What has been the recent revenue trend for Magna Electronics India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magna Electronics India Private Limited has fallen by -0.92%.
How many employees does Magna Electronics India Private Limited currently have?
As Per 2023 financial reports, 413 employees are currently employed by Magna Electronics India Private Limited.
What change has been observed in the net worth of Magna Electronics India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magna Electronics India Private Limited has experienced an downturn of -20.59%.
When was the last Balance Sheet of Magna Electronics India Private Limited filed with the ROC?
The most recent Balance Sheet for Magna Electronics India Private Limited was filed with the ROC on 31 Mar 2024.
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