Magnatar Aero Systems Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 16-11-2024
- Paid Up Capital ₹ 0.10 M
as on 16-11-2024
- Company Age 5 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Revenue %
(FY 2023)
- Profit 0.83%
(FY 2023)
- Ebitda 0.83%
(FY 2023)
- Net Worth -49.55%
(FY 2023)
- Total Assets 9.52%
(FY 2023)
About Magnatar Aero Systems
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 2024. 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.
Parvat Reddy, Vamshidhar Kallem, and Venkatasatishkumar Gangapatnam serve as directors at the Company.
- CIN/LLPIN
U29308TG2019PTC136567
- Company No.
136567
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Nov 2019
- Date of AGM
05 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Magnatar Aero Systems?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parvat Reddy  | Director | 04-Nov-2019 | Current |
| Vamshidhar Kallem | Director | 04-Nov-2019 | Current |
| Venkatasatishkumar Gangapatnam | Director | 04-Nov-2019 | Current |
Financial Performance and Corporate Structure Insights of Magnatar Aero Systems.
Magnatar Aero Systems Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 0.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 49.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Magnatar Aero Systems?
In 2023, Magnatar Aero 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.
Related Corporates (Common Directorship)
Rasun Ace Infra Private LimitedActive 11 years 8 monthsVenkatasatishkumar Gangapatnam is a mutual person
Gee Pee Aerospace And Defence Private LimitedActive 36 years 6 monthsParvat Reddy, Vamshidhar Kallem and 1 more are mutual person
Mtar Technologies LimitedActive 25 years 1 monthParvat Reddy and Venkatasatishkumar Gangapatnam are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnatar Aero Systems?
Unlock and access historical data on people associated with Magnatar Aero Systems, 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 Magnatar Aero 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 Magnatar Aero Systems'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.
