Magnacore Clutches And Brakes Private Limited

Manufactures and trades electromagnetic clutch brakes and related parts.

2005 | Pune, Maharashtra (India) | Converted to LLP
Last Updated: December 22, 2024

Magnacore Clutches And Brakes Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.65 M
  • Revenue Growth -54.59%
  • Profit Growth -73.39%
  • Ebitda -4.98%
  • Net Worth 0.62%
  • Total Assets 6.54%

About Magnacore Clutches And Brakes

Magnacore Clutches And Brakes Private Limited (MCABPL) is Converted To Llp company established on 14 Jun 2005 with its office registered at Pune, Maharashtra, India and has been running since 19 Year, 8 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 22 Dec 2024.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29130PN2005PTC020872

  • Company No.

    020872

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Magnacore Clutches And Brakes Private Limited offer?

Magnacore Clutches And Brakes Private Limited offers a wide range of products and services, including Brakes & Braking Systems, Crane Brake, Sheet Metal & Turned Components, Mechanical Clutches, Clutch, Clutch Parts & Accessories, Commercial Vehicle Clutch Parts.

Who are the key members and board of directors at Magnacore Clutches And Brakes?

Board Members (2)

Name Designation Appointment Date Status
Kaustubh Damle Country flag representing In Director 14-Jun-2005 Current
Parmeshwari Damle Country flag representing In Director 19-Jun-2019 Current

Financial Performance of Magnacore Clutches And Brakes.

Magnacore Clutches And Brakes Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 54.59% decrease. The company also saw a substantial fall in profitability, with a 73.39% decrease in profit. The company's net worth moved up by a moderate rise of 0.62%.

Graph illustrating revenue growth over time
Graph showing 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
-54.59%
Revenue from Operations
-55.80%
Total Assets
6.54%
Profit or Loss
-73.39%
Net Worth
0.62%
EBITDA
-4.98%

What is the Ownership and Shareholding Structure of Magnacore Clutches And Brakes?

In 2021, Magnacore Clutches And Brakes 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

₹1.65 M

Charges Breakdown by Lending Institutions

  • Lonavala Sahakari Bank Limited : 0.10 Cr
  • State Bank Of India : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
03 Feb 2014 Lonavala Sahakari Bank Limited ₹1.00 M Satisfied
07 Dec 2010 State Bank Of India ₹0.65 M Satisfied

How Many Employees Work at Magnacore Clutches And Brakes?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnacore Clutches And Brakes, 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 Magnacore Clutches And Brakes'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 Magnacore Clutches And Brakes

Recent activity within the organization

  • Annual General Meeting

    Magnacore Clutches And Brakes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnacore Clutches And Brakes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 07 Dec 2010 via Charge ID 10255433 with State Bank Of India was fully satisfied on 09 Sep 2021.

    09 Sep 2021

  • Charges

    A charge registered on 03 Feb 2014 via Charge ID 10484752 with Lonavala Sahakari Bank Limited was fully satisfied on 01 Sep 2021.

    01 Sep 2021

  • Director Appointment

    Parmeshwari Kaustubh Damle was appointed as a Director was appointed as a Director on 19 Jun 2019 & has been associated with this company since 5 years 7 months .

    19 Jun 2019

  • Charges

    A charge with Lonavala Sahakari Bank Limited amounted to Rs. 1.00 M with Charge ID 10484752 was registered on 03 Feb 2014.

    03 Feb 2014

Frequently asked questions

  • Magnacore Clutches And Brakes Private Limited was incorporated on 14 Jun 2005.

  • The authorized share capital of Magnacore Clutches And Brakes Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnacore Clutches And Brakes Private Limited.

    • Kaustubh Raghunath Damle
    • Parmeshwari Kaustubh Damle
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnacore Clutches And Brakes Private Limited is Magnacore 7 Lonawalai Ndustrial Co-Op Estate Nagargaon Lonawale, India, Pune, Maharashtra, 410401.

  • The corporate identification number (CIN) of Magnacore Clutches And Brakes Private Limited is U29130PN2005PTC020872 and the company number is 020872 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnacore Clutches And Brakes Private Limited is https://www.magnacoreindiamagnacoreindia

  • According to the financial reports for the fiscal year 2021, the revenue trend for Magnacore Clutches And Brakes Private Limited has fallen by -54.59%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Magnacore Clutches And Brakes Private Limited has experienced an upsurge of 0.62%.

  • The most recent Balance Sheet for Magnacore Clutches And Brakes Private Limited was filed with the ROC on 31 Mar 2024.

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