Magnasys Material Handling And Storage Systems Private Limited

Founded in 2007 and headquartered in Karnataka, India.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: December 25, 2024

Magnasys Material Handling And Storage Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -72.16%
  • Profit Growth -196.57%
  • Ebitda -95.99%
  • Net Worth -98.14%
  • Total Assets -26.44%

About Magnasys Material Handling And Storage Systems

Magnasys Material Handling And Storage Systems Private Limited (MMHASSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 September 2007 and has a history of 17 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.60 M, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29241KA2007PTC043857

  • Company No.

    043857

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2007

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Magnasys Material Handling And Storage Systems Private Limited offer?

Magnasys Material Handling And Storage Systems Private Limited offers a wide range of products and services, including Material Handling Machines & Systems, Pallet Truck, Industrial Racks & Storage System, Automated Storage & Retrieval System, Automotive Components, Automotive Brakes, Pallet Racks, Industrial Storage Rack, Shelving Systems, Warehouse Racks.

Who are the key members and board of directors at Magnasys Material Handling And Storage Systems?

Board Members (2)

Name Designation Appointment Date Status
Nilofer Hussain Country flag representing In Director 13-Sep-2007 Current
Tanveer Mohammed Country flag representing In Director 13-Sep-2007 Current

Financial Performance of Magnasys Material Handling And Storage Systems.

Magnasys Material Handling And Storage Systems Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 72.16% decrease. The company also saw a substantial fall in profitability, with a 196.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 98.14%.

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
-72.16%
Revenue from Operations
-72.15%
Total Assets
-26.44%
Profit or Loss
-196.57%
Net Worth
-98.14%
EBITDA
-95.99%

What is the Ownership and Shareholding Structure of Magnasys Material Handling And Storage Systems?

In 2019, Magnasys Material Handling And Storage Systems 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 Magnasys Material Handling And Storage Systems?

Unlock and access historical data on people associated with Magnasys Material Handling And Storage Systems, 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 Magnasys Material Handling And Storage Systems, 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 Magnasys Material Handling And Storage Systems'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 Magnasys Material Handling And Storage Systems

Recent activity within the organization

  • Annual General Meeting

    Magnasys Material Handling And Storage Systems Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Balance Sheet

    Magnasys Material Handling And Storage Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Nilofer Tanveer Hussain was appointed as a Director was appointed as a Director on 13 Sep 2007 & has been associated with this company since 17 years 4 months .

    13 Sep 2007

  • Director Appointment

    Tanveer Hussain Mohammed was appointed as a Director was appointed as a Director on 13 Sep 2007 & has been associated with this company since 17 years 4 months .

    13 Sep 2007

  • Company Incorporation

    Magnasys Material Handling And Storage Systems Private Limited was registered on 13 Sep 2007 with Roc Bangalore & aged 17 years 4 months as per MCA records.

    13 Sep 2007

Frequently asked questions

  • Magnasys Material Handling And Storage Systems Private Limited was incorporated on 13 Sep 2007.

  • The authorized share capital of Magnasys Material Handling And Storage Systems Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.60 M.

  • Currently 2 directors are associated with Magnasys Material Handling And Storage Systems Private Limited.

    • Nilofer Tanveer Hussain
    • Tanveer Hussain Mohammed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnasys Material Handling And Storage Systems Private Limited is 41/1 Srirampura, Jakkur Post India, Bangalore, Karnataka, 560064.

  • The corporate identification number (CIN) of Magnasys Material Handling And Storage Systems Private Limited is U29241KA2007PTC043857 and the company number is 043857 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnasys Material Handling And Storage Systems Private Limited is https://www.magnasys.org

  • According to the financial reports for the fiscal year 2020, the revenue trend for Magnasys Material Handling And Storage Systems Private Limited has fallen by -72.16%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Magnasys Material Handling And Storage Systems Private Limited has experienced an downturn of -98.14%.

  • The most recent Balance Sheet for Magnasys Material Handling And Storage Systems Private Limited was filed with the ROC on 31 Mar 2022.

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