Magna Projects Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.33 Cr
- Company Age 29 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.61 Cr
- Satisfied Charges ₹ 20.00 Cr
- Revenue Growth 134729.07%
- Profit Growth -158.84%
- Ebitda -270.13%
- Net Worth -1.28%
- Total Assets -38.15%
About Magna Projects
Magna Projects Pvt Ltd (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 1996 and has a history of 29 years. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Consumer Goods 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 2.00 Cr and a paid-up capital of Rs 1.33 Cr.
The company currently has active open charges totaling ₹1.61 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shashikant Shinde and Sunita Shinde serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U45203WB1996PTC077666
- Company No.
077666
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Feb 1996
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Consumer Goods
Who are the key members and board of directors at Magna Projects?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashikant Shinde  | Managing Director | 11-Apr-2001 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunita Shinde | Director | 01-Dec-2008 | Current |
Financial Performance of Magna Projects.
Magna Projects Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 134729.07% increase. The company also saw a substantial fall in profitability, with a 158.84% decrease in profit. The company's net worth dipped by a decrease of 1.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magna Projects?
In 2023, Magna Projects had a promoter holding of 94.34% and a public holding of 5.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
G.N. Bullion Private LimitedSunita Shinde is a mutual person
Charges (Loans)
Open Charges
₹1.61 Cr
Satisfied Charges
₹20.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1.61 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2018 | Others | ₹3.50 M | Open |
| 31 Mar 2018 | Others | ₹1.26 Cr | Open |
| 12 Jul 2010 | Others | ₹20.00 Cr | Satisfied |
How Many Employees Work at Magna Projects?
Unlock and access historical data on people associated with Magna Projects, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magna Projects, 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 Projects'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 Projects
Recent activity within the organization
- Annual General Meeting
Magna Projects Pvt Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Magna Projects Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge registered on 12 Jul 2010 via Charge ID 10230767 with Others was fully satisfied on 26 Aug 2022.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 12 Jul 2010 with Charge ID 10230767 was modified on 22 May 2019.
- Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100166236 was registered on 31 Mar 2018.
- Charges
A charge with Others amounted to Rs. 1.26 Cr with Charge ID 100166237 was registered on 31 Mar 2018.
Frequently asked questions
What is the Incorporation or founding date of Magna Projects Pvt Ltd?
Magna Projects Pvt Ltd was incorporated on 27 Feb 1996.
What is authorized share capital and paid-up capital of Magna Projects Pvt Ltd?
The authorized share capital of Magna Projects Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.33 Cr.
Who are the current board members & directors of Magna Projects Pvt Ltd?
Currently 2 directors are associated with Magna Projects Pvt Ltd.
- Shashikant Shinde
- Sunita Shinde
What is the registered address of Magna Projects Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Magna Projects Pvt Ltd is 5, Adi Banstalla Lane 1St Floor India, Kolkata, West Bengal, 700007.
What is the corporate identification number (CIN) and company number of Magna Projects Pvt Ltd?
The corporate identification number (CIN) of Magna Projects Pvt Ltd is U45203WB1996PTC077666 and the company number is 077666 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magna Projects Pvt Ltd?
The Official website of Magna Projects Pvt Ltd is https://www.magnabullion.com
What has been the recent revenue trend for Magna Projects Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Magna Projects Pvt Ltd has risen by 134729.07%.
What change has been observed in the net worth of Magna Projects Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magna Projects Pvt Ltd has experienced an downturn of -1.28%.
What are the total open charges for Magna Projects Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Magna Projects Pvt Ltd amount to ₹ 1.61 Cr.
When was the last Balance Sheet of Magna Projects Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Magna Projects Pvt Ltd was filed with the ROC on 31 Mar 2024.
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