Magnatech Engineering Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 24-12-2024
- Paid Up Capital ₹ 0.10 M
as on 24-12-2024
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -44.85%
(FY 2022)
- Profit 2.57%
(FY 2022)
- Ebitda -192.26%
(FY 2022)
- Net Worth -531.40%
(FY 2022)
- Total Assets -11.31%
(FY 2022)
About Magnatech Engineering Industries
The Corporate was formerly known as Ffms Corporate Solutions Private Limited. The Company is engaged in the Media And Publishing 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 2.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Pooja Mutha and Avinash Bhandari serve as directors at the Company.
- CIN/LLPIN
U74140KA2011PTC058509
- Company No.
058509
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 May 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Magnatech Engineering Industries?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pooja Mutha  | Director | 06-May-2011 | Current |
| Avinash Bhandari | Director | 12-Jan-2021 | Current |
Financial Performance of Magnatech Engineering Industries.
Magnatech Engineering Industries Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 44.85% decrease. The company also saw a slight improvement in profitability, with a 2.57% increase in profit. The company's net worth observed a substantial decline by a decrease of 531.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magnatech Engineering Industries?
In 2022, Magnatech Engineering Industries 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)
Sincera Investment Advisory Holdings LlpActive 8 years 8 monthsPooja Mutha and Avinash Bhandari are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnatech Engineering Industries?
Magnatech Engineering Industries has a workforce of 6 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnatech Engineering Industries, 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 Magnatech Engineering Industries'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.
