Magna Inks Ltd

Manufacturer and distributor of various types of inks and stationery articles.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Magna Inks Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 39 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.34 M
  • Revenue Growth %
  • Profit Growth 64.44%
  • Ebitda 71.11%
  • Net Worth -0.07%
  • Total Assets -0.25%

About Magna Inks

Magna Inks Ltd (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 29 July 1985 and has a history of 39 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Education 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹4.34 M.

Suresh Agarwal, Bhawani Jodha, and Devratan Daga serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24223MH1985PLC036994

  • Company No.

    036994

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1985

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Education

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

Board Members (3)

NameDesignationAppointment DateStatus
Devratan Daga Country flag representing In Director 14-Mar-1996Current
Suresh Agarwal Country flag representing In Additional Director 21-Oct-2020Current
Bhawani Jodha Country flag representing In Additional Director 21-Apr-2021Current

Financial Performance of Magna Inks.

Magna Inks Ltd, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 64.44% increase in profit. The company's net worth dipped by a decrease of 0.07%.

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
Revenue from Operations
Total Assets
-0.25%
Profit or Loss
64.44%
Net Worth
-0.07%
EBITDA
71.11%

What is the Ownership and Shareholding Structure of Magna Inks?

In 2016, Magna Inks had a public 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)

Open Charges

₹4.34 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Indore : 0.25 Cr
  • Madhya Pradesh Financial Corp. : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 1994Madhya Pradesh Financial Corp.₹0.24 MOpen
24 Jul 1992State Bank Of Indore₹0.17 MOpen
18 May 1991Madhya Pradesh Financial Corp.₹0.82 MOpen
16 May 1991State Bank Of Indore₹2.30 MOpen
10 May 1991Madhya Pradesh Financial Corp.₹0.82 MOpen

How Many Employees Work at Magna Inks?

Unlock and access historical data on people associated with Magna Inks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Magna Inks Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Magna Inks Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Bhawani Singh Jodha was appointed as a Additional Director was appointed as a Additional Director on 21 Apr 2021 & has been associated with this company since 3 years 10 months .

    21 Apr 2021

  • Director Appointment

    Suresh Shyamlal Agarwal was appointed as a Additional Director was appointed as a Additional Director on 21 Oct 2020 & has been associated with this company since 4 years 4 months .

    21 Oct 2020

  • Charges

    A charge with Madhya Pradesh Financial Corp. of Rs. 0.82 M registered on 10 May 1991 with Charge ID 90212184 was modified on 22 Mar 1997.

    22 Mar 1997

  • Director Appointment

    Devratan Shivkisan Daga was appointed as a Director was appointed as a Director on 14 Mar 1996 & has been associated with this company since 28 years 11 months .

    14 Mar 1996

Frequently asked questions

  • Magna Inks Ltd was incorporated on 29 Jul 1985.

  • The authorized share capital of Magna Inks Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Magna Inks Ltd.

    • Suresh Shyamlal Agarwal
    • Bhawani Singh Jodha
    • Devratan Shivkisan Daga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magna Inks Ltd is 202 Ashford Chambers Lady Jamshedji Road, Mahim West India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Magna Inks Ltd is U24223MH1985PLC036994 and the company number is 036994 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2016 indicates that The net worth of Magna Inks Ltd has experienced an downturn of -0.07%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Magna Inks Ltd amount to ₹ 4.34 M.

  • The most recent Balance Sheet for Magna Inks Ltd was filed with the ROC on 31 Mar 2024.

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