Magna Publishing Company Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 45 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 15.16 Cr
- Revenue Growth -28.84%
- Profit Growth -1008.28%
- Ebitda -316.89%
- Net Worth -182.40%
- Total Assets 2.10%
About Magna Publishing Company
Magna Publishing Company Limited (MPCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 July 1979 and has a history of 45 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Lana Publishing Company Limited. The Company is engaged in the Media And Publishing 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 Cr and a paid-up capital of Rs 9.00 M.
The company has closed loans amounting to ₹15.16 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ashok Dhamankar, Vikram Hira, and Proneeta Hira serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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-
Corporate Identity Details
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CIN/LLPIN
U22120MH1979PLC021516
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Company No.
021516
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
13 Jul 1979
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Date of AGM
30 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 Mumbai
Industry
Who are the key members and board of directors at Magna Publishing Company?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Dhamankar
|
Whole-Time Director | 03-Aug-1994 | Current |
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Vikram Hira
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Director | 01-Sep-2011 | Current |
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Proneeta Hira
|
Director | 15-Aug-2024 | Current |
Financial Performance of Magna Publishing Company.
Magna Publishing Company Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 28.84% decrease. The company also saw a substantial fall in profitability, with a 1008.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 182.4%.
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What is the Ownership and Shareholding Structure of Magna Publishing Company?
In 2018, Magna Publishing Company 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)
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Magna Graphics (India) LimitedAshok Dhamankar is a mutual person
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Nahira ( Cosmetic) Enterprises Private Limited
Vikram Hira is a mutual person
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Creative Unit Private Limited
Vikram Hira is a mutual person
Charges (Loans)
₹0
₹15.16 Cr
Charges Breakdown by Lending Institutions
- Others : 9.67 Cr
- The Federal Bank Limited : 5.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2020 | Others | ₹6.70 M | Satisfied |
| 19 Jan 2018 | Others | ₹8.00 Cr | Satisfied |
| 17 May 2017 | Others | ₹1.00 Cr | Satisfied |
| 25 Jan 2016 | The Federal Bank Limited | ₹1.08 M | Satisfied |
| 08 Apr 2010 | The Federal Bank Limited | ₹0.54 M | Satisfied |
How Many Employees Work at Magna Publishing Company?
Magna Publishing Company has a workforce of 70 employees as of Mar 22, 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 Publishing Company, 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 Publishing Company'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.
