Magnam Synthetics Private Limited

Textile company that manufactures, imports, exports, and sells various types of yarn.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: January 07, 2025

Magnam Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -73.89%
  • Profit Growth -66.85%
  • Ebitda -66.85%
  • Net Worth 0.80%
  • Total Assets 0.76%

About Magnam Synthetics

Magnam Synthetics Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 June 1990 and has a history of 34 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Renu Singhania and Ashok Singhania 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

    U17120MH1990PTC056746

  • Company No.

    056746

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Magnam Synthetics?

Board Members (2)

Name Designation Appointment Date Status
Renu Singhania Country flag representing In Director 28-May-2011 Current
Ashok Singhania Country flag representing In Director 04-Jun-1990 Current

Financial Performance of Magnam Synthetics.

Magnam Synthetics Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 73.89% decrease. The company also saw a substantial fall in profitability, with a 66.85% decrease in profit. The company's net worth moved up by a moderate rise of 0.8%.

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
-73.89%
Revenue from Operations
-73.89%
Total Assets
0.76%
Profit or Loss
-66.85%
Net Worth
0.80%
EBITDA
-66.85%

What is the Ownership and Shareholding Structure of Magnam Synthetics?

In 2019, Magnam Synthetics had a promoter holding of 74.04% and a public holding of 25.96%. 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 Magnam Synthetics?

Unlock and access historical data on people associated with Magnam Synthetics, 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 Magnam Synthetics, 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 Magnam Synthetics'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 Magnam Synthetics

Recent activity within the organization

  • Annual General Meeting

    Magnam Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnam Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Renu Ashok Singhania was appointed as a Director was appointed as a Director on 28 May 2011 & has been associated with this company since 13 years 8 months .

    28 May 2011

  • Director Appointment

    Ashok Dwarkaprasad Singhania was appointed as a Director was appointed as a Director on 04 Jun 1990 & has been associated with this company since 34 years 7 months .

    04 Jun 1990

  • Company Incorporation

    Magnam Synthetics Private Limited was registered on 04 Jun 1990 with Roc Mumbai & aged 34 years 7 months as per MCA records.

    04 Jun 1990

Frequently asked questions

  • Magnam Synthetics Private Limited was incorporated on 04 Jun 1990.

  • The authorized share capital of Magnam Synthetics Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnam Synthetics Private Limited.

    • Renu Ashok Singhania
    • Ashok Dwarkaprasad Singhania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnam Synthetics Private Limited is B-904 9Th Floor Upvan Towerupper Goving Nagar Malad(East) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Magnam Synthetics Private Limited is U17120MH1990PTC056746 and the company number is 056746 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Magnam Synthetics Private Limited has fallen by -73.89%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Magnam Synthetics Private Limited has experienced an upsurge of 0.80%.

  • The most recent Balance Sheet for Magnam Synthetics Private Limited was filed with the ROC on 31 Mar 2024.

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