Magna Publishing Company Limited

Provides a variety of magazines and books, including health, entertainment, and design publications.

1979 | Mumbai, Maharashtra (India) | Active
Last Updated:

Magna Publishing Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 45 Year, 10 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 ten 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U22120MH1979PLC021516

  • Company No.

    021516

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jul 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Media and Publishing
Company report

Magna Publishing Company Limited

Explore comprehensive data for Magna Publishing Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Dhamankar Country flag representing In Whole-Time Director 03-Aug-1994Current
Vikram Hira Country flag representing In Director 01-Sep-2011Current
Proneeta Hira Country flag representing In Director 15-Aug-2024Current

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%.

Magna Publishing Company revenue growth over time
Magna Publishing Company 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
-28.84%
Revenue from Operations
-28.94%
Total Assets
2.10%
Profit or Loss
-1008.28%
Net Worth
-182.40%
EBITDA
-316.89%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.16 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.67 Cr
  • The Federal Bank Limited : 5.49 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2020Others₹6.70 MSatisfied
19 Jan 2018Others₹8.00 CrSatisfied
17 May 2017Others₹1.00 CrSatisfied
25 Jan 2016The Federal Bank Limited₹1.08 MSatisfied
08 Apr 2010The Federal Bank Limited₹0.54 MSatisfied

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.

Employee growth trends for Magna Publishing Company Limited

Deals i

Graph showing company valuation over time

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

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 Publishing Company

Recent activity within the organization

  • Annual General Meeting

    Magna Publishing Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Proneeta Vikram Hira was appointed as a Director was appointed as a Director on 15 Aug 2024 & has been associated with this company since 9 months 9 days .

  • Balance Sheet

    Magna Publishing Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 19 Jan 2018 via Charge ID 100150496 with Others was fully satisfied on 16 Feb 2022.

  • Charges

    A charge registered on 25 Jan 2016 via Charge ID 10617777 with The Federal Bank Limited was fully satisfied on 19 May 2021.

  • Charges

    A charge registered on 08 Apr 2010 via Charge ID 10218015 with The Federal Bank Limited was fully satisfied on 19 May 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Magna Publishing Company Limited?

    Magna Publishing Company Limited was incorporated on 13 Jul 1979.

  • What is authorized share capital and paid-up capital of Magna Publishing Company Limited?

    The authorized share capital of Magna Publishing Company Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.

  • Who are the current board members & directors of Magna Publishing Company Limited?

    Currently 3 directors are associated with Magna Publishing Company Limited.

    • Ashok Devoo Dhamankar
    • Vikram Nari Hira
    • Proneeta Vikram Hira

  • What is the registered address of Magna Publishing Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magna Publishing Company Limited is Magna House, 100/E Old Prabhadevi Road India, Mumbai, Maharashtra, 400025.

  • What is the corporate identification number (CIN) and company number of Magna Publishing Company Limited?

    The corporate identification number (CIN) of Magna Publishing Company Limited is U22120MH1979PLC021516 and the company number is 021516 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magna Publishing Company Limited?

    The Official website of Magna Publishing Company Limited is https://www.magnamags.com

  • What has been the recent revenue trend for Magna Publishing Company Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Magna Publishing Company Limited has fallen by -28.84%.

  • How many employees does Magna Publishing Company Limited currently have?

    As Per 2018 financial reports, 70 employees are currently employed by Magna Publishing Company Limited.

  • What change has been observed in the net worth of Magna Publishing Company Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Magna Publishing Company Limited has experienced an downturn of -182.40%.

  • When was the last Balance Sheet of Magna Publishing Company Limited filed with the ROC?

    The most recent Balance Sheet for Magna Publishing Company Limited was filed with the ROC on 31 Mar 2024.

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