Magna Ferrochem Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.05 Cr
- Satisfied Charges ₹ 2.59 Cr
- Revenue Growth 50.95%
- Profit Growth 391.60%
- Ebitda 163.87%
- Net Worth 31.26%
- Total Assets 8.57%
About Magna Ferrochem
Magna Ferrochem Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 2007 and has a history of 17 years and two months. Its registered office is in Kolhapur, Maharashtra, India.
The Corporate was formerly known as Gargi Magna Steelchem Private Limited. The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹5.05 Cr. The company has closed loans amounting to ₹2.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Karkhanis, Sunil Battase, Sanjay Jahagirdar, and One other member serve as directors at the Company.
Company Details
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Location
Kolhapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27107PN2007PTC131045
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Company No.
131045
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Nov 2007
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Date of AGM
25 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Magna Ferrochem?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Malhar Bhandurge
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Director | 30-Sep-2014 | Current |
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Sanjay Karkhanis
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Director | 29-Nov-2007 | Current |
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Sunil Battase
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Director | 29-Nov-2007 | Current |
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Sanjay Jahagirdar
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Director | 30-Sep-2014 | Current |
Financial Performance of Magna Ferrochem.
Magna Ferrochem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.95% increase. The company also saw a substantial improvement in profitability, with a 391.6% increase in profit. The company's net worth Soared by an impressive increase of 31.26%.
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What is the Ownership and Shareholding Structure of Magna Ferrochem?
Unlock access to Magna Ferrochem's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
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Samarth Foundry Services Private LimitedSanjay Karkhanis and Sunil Battase are mutual person
Charges (Loans)
₹5.05 Cr
₹2.59 Cr
Charges Breakdown by Lending Institutions
- Others : 5.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2024 | Others | ₹3.75 M | Open |
| 24 Sep 2019 | Others | ₹1.89 M | Open |
| 27 Aug 2018 | Others | ₹9.50 M | Open |
| 30 Jun 2018 | Others | ₹3.00 Cr | Open |
| 30 Jun 2018 | Others | ₹1.50 M | Open |
How Many Employees Work at Magna Ferrochem?
Magna Ferrochem has a workforce of 20 employees as of Apr 09, 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 Ferrochem, 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 Ferrochem'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
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