Magnatech Smartgrid Solutions Private Limited
Manufactures and provides installation services for smart grid and metering systems for power and energy.
2015 | Delhi (India) | Active
Magnatech Smartgrid Solutions Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.47 M
- Company Age 9 Year, 9 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 2.93 Cr
- Revenue Growth 7.39%
- Profit Growth -427.44%
- Ebitda -254.79%
- Net Worth 210.13%
- Total Assets 57.65%
About Magnatech Smartgrid Solutions
Magnatech Smartgrid Solutions Private Limited (MSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 May 2015 (Nine years and nine months 22 days old ). Its registered office is in Delhi, India.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.47 M.
The company has closed loans amounting to ₹2.93 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Hartinder Bhatia and Shubham Thakur serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900DL2015PTC280672
- Company No.
280672
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 May 2015
- Date of AGM
25 Sep 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
Magnatech Smartgrid Solutions Private Limited
Explore comprehensive data for Magnatech Smartgrid Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnatech Smartgrid Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hartinder Bhatia  | Managing Director | 25-Oct-2015 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shubham Thakur | Director | 01-Aug-2023 | Current |
Financial Performance of Magnatech Smartgrid Solutions.
Magnatech Smartgrid Solutions Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 7.39% increase. The company also saw a substantial fall in profitability, with a 427.44% decrease in profit. The company's net worth Soared by an impressive increase of 210.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnatech Smartgrid Solutions?
In 2019, Magnatech Smartgrid Solutions had a promoter holding of 40.00% and a public holding of 60.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Magnatech Energy Innovations Private Limited
Hartinder Bhatia is a mutual person
- Plutus Smart Energy Solutions Private Limited
Hartinder Bhatia is a mutual person
- Magnatech Smart Energy Solutions Private Limited
Hartinder Bhatia is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹29.26 M
Charges Breakdown by Lending Institutions
- Others : 2.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2016 | Others | ₹2.93 Cr | Satisfied |
How Many Employees Work at Magnatech Smartgrid Solutions?
Unlock and access historical data on people associated with Magnatech Smartgrid Solutions, 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 Magnatech Smartgrid Solutions, 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 Smartgrid Solutions'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.
Latest Updates, News, and FAQs on Magnatech Smartgrid Solutions
Recent activity within the organization
- Director Appointment
Shubham Thakur was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 7 months .
- Annual General Meeting
Magnatech Smartgrid Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2021 as per latest MCA records.
- Balance Sheet
Magnatech Smartgrid Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.
- Charges
A charge registered on 28 Oct 2016 via Charge ID 100061175 with Others was fully satisfied on 07 Jan 2020.
- Charges
A charge with Others of Rs. 29.26 M registered on 28 Oct 2016 with Charge ID 100061175 was modified on 27 Jun 2019.
- Charges
A charge with Others amounted to Rs. 29.26 M with Charge ID 100061175 was registered on 28 Oct 2016.
Frequently asked questions
What is the Incorporation or founding date of Magnatech Smartgrid Solutions Private Limited?
Magnatech Smartgrid Solutions Private Limited was incorporated on 23 May 2015.
What is authorized share capital and paid-up capital of Magnatech Smartgrid Solutions Private Limited?
The authorized share capital of Magnatech Smartgrid Solutions Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.47 M.
Who are the current board members & directors of Magnatech Smartgrid Solutions Private Limited?
Currently 2 directors are associated with Magnatech Smartgrid Solutions Private Limited.
- Hartinder Singh Bhatia
- Shubham Thakur
What is the registered address of Magnatech Smartgrid Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnatech Smartgrid Solutions Private Limited is 101A First Floor Plot No 6 T.C Jaina Tower -11 District Center, Janakpuri India, New Delhi, 110058.
What is the corporate identification number (CIN) and company number of Magnatech Smartgrid Solutions Private Limited?
The corporate identification number (CIN) of Magnatech Smartgrid Solutions Private Limited is U74900DL2015PTC280672 and the company number is 280672 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magnatech Smartgrid Solutions Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Magnatech Smartgrid Solutions Private Limited has risen by 7.39%.
What change has been observed in the net worth of Magnatech Smartgrid Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Magnatech Smartgrid Solutions Private Limited has experienced an upsurge of 210.13%.
When was the last Balance Sheet of Magnatech Smartgrid Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Magnatech Smartgrid Solutions Private Limited was filed with the ROC on 31 Mar 2021.
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