Magna Projects Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.33 Cr
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- 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 28 years and 11 months. 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 2023. 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
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U45203WB1996PTC077666
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Company No.
077666
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Feb 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Magna Projects?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashikant Shinde
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Managing Director | 11-Apr-2001 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sunita Shinde
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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%.
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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)
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G.N. Bullion Private LimitedSunita Shinde is a mutual person
Charges (Loans)
₹1.61 Cr
₹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.
