Magnacon Electricals India Profile
Key Indicators
- Authorised Capital ₹ 16.50 Cr
as on 17-06-2024
- Paid Up Capital ₹ 16.16 Cr
as on 17-06-2024
- Company Age 48 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 71.50 Cr
as on 17-06-2024
- Satisfied Charges ₹ 88.03 Cr
as on 17-06-2024
- Revenue 25.58%
(FY 2023)
- Profit 4422.71%
(FY 2023)
- Ebitda 255.86%
(FY 2023)
- Net Worth 59.45%
(FY 2023)
- Total Assets -7.39%
(FY 2023)
About Magnacon Electricals India
The Corporate was formerly known as Magnacon Electricals India Private Limited. The Company is engaged in the Information Technology 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 16.50 Cr and a paid-up capital of Rs 16.16 Cr.
The company currently has active open charges totaling ₹71.50 Cr. The company has closed loans amounting to ₹88.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magnacon Electricals India Ltd India are Mrinal Kedia as COMPANY SECRETARY and Sundar Mohta as Cfo. Devendra Khemka, Sital Swain, Satyanarayan Khaitan, and Three other members serve as directors at the Company.
- CIN/LLPIN
U31200WB1976PLC030769
- Company No.
030769
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Nov 1976
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Magnacon Electricals India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rishi Jalan  | Managing Director | 15-Nov-2021 | Current |
| Mrinal Kedia | Company Secretary | 08-Mar-2010 | Current |
| Sundar Mohta | CFO | 01-Sep-2023 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Sharma | Director | 28-Aug-2023 | Current |
| Devendra Khemka | Director | 21-Apr-2017 | Current |
| Sital Swain | Additional Director | 15-Apr-2024 | Current |
| Satyanarayan Khaitan | Director | 21-Apr-2017 | Current |
| Ashok Vijay | Director | 21-Apr-2017 | Current |
Financial Performance and Corporate Structure Insights of Magnacon Electricals India.
Magnacon Electricals India Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 25.58% increase. The company also saw a substantial improvement in profitability, with a 4422.71% increase in profit. The company's net worth Soared by an impressive increase of 59.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magnacon Electricals India?
In 2023, Magnacon Electricals India had a promoter holding of 47.76% and a public holding of 52.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Touax Texmaco Railcar Leasing Private LimitedActive 13 years 3 monthsAshok Vijay is a mutual person
Infinity Knowledge City Projects Private LimitedActive 17 years 8 monthsRishi Jalan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 15 Mar 2022 | ₹40.00 Cr | Open |
Axis Bank Limited Creation Date: 01 Feb 2021 | ₹5.25 Cr | Open |
Axis Bank Limited Creation Date: 04 Feb 2020 | ₹26.25 Cr | Open |
How Many Employees Work at Magnacon Electricals India?
Unlock and access historical data on people associated with Magnacon Electricals India, 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 Magnacon Electricals India, 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 Magnacon Electricals India'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.
