Magna Stones Private Limited

Founded in 2003 and headquartered in Tamil Nadu, India.

2003 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated:

Magna Stones Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 83.04%
  • Profit Growth -1015.19%
  • Ebitda -2692.06%
  • Net Worth -243.66%
  • Total Assets -63.51%

About Magna Stones

Magna Stones Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 2003 and has a history of 22 years and one month. Its registered office is in Virudhunagar, Tamil Nadu, India.

The Company is engaged in the Trading 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ratchakarao Babu and Annadurai Rathinam serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14106TN2003PTC149244

  • Company No.

    040249

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Trading

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

Board Members (2)

NameDesignationAppointment DateStatus
Ratchakarao Babu Country flag representing In Director 02-Nov-2020Current
Annadurai Rathinam Country flag representing In Director 05-Aug-2016Current

Financial Performance of Magna Stones.

Magna Stones Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 83.04% increase. The company also saw a substantial fall in profitability, with a 1015.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 243.66%.

Magna Stones revenue growth over time
Magna Stones 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
83.04%
Revenue from Operations
Total Assets
-63.51%
Profit or Loss
-1015.19%
Net Worth
-243.66%
EBITDA
-2692.06%

What is the Ownership and Shareholding Structure of Magna Stones?

In 2020, Magna Stones 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magna Stones?

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

Employee growth trends for Magna Stones Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Magna Stones Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Magna Stones Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Ratchakarao Rajendra Babu was appointed as a Director was appointed as a Director on 02 Nov 2020 & has been associated with this company since 4 years 3 months .

  • Director Appointment

    Annadurai Rathinam was appointed as a Director was appointed as a Director on 05 Aug 2016 & has been associated with this company since 8 years 6 months .

  • Company Incorporation

    Magna Stones Private Limited was registered on 08 Jan 2003 with Roc Chennai & aged 22 years 1 month as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magna Stones Private Limited?

    Magna Stones Private Limited was incorporated on 08 Jan 2003.

  • What is authorized share capital and paid-up capital of Magna Stones Private Limited?

    The authorized share capital of Magna Stones Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Magna Stones Private Limited?

    Currently 2 directors are associated with Magna Stones Private Limited.

    • Ratchakarao Rajendra Babu
    • Annadurai Rathinam

  • What is the registered address of Magna Stones Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magna Stones Private Limited is Sf No. 1(P) Vendurayapuram Duraichamipuram Sivakasi, India, Virudhunagar, Tamil Nadu, 626123.

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

    The corporate identification number (CIN) of Magna Stones Private Limited is U14106TN2003PTC149244 and the company number is 040249 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magna Stones Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Magna Stones Private Limited has risen by 83.04%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Magna Stones Private Limited has experienced an downturn of -243.66%.

  • When was the last Balance Sheet of Magna Stones Private Limited filed with the ROC?

    The most recent Balance Sheet for Magna Stones Private Limited was filed with the ROC on 31 Mar 2023.

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