Magnatech Smartgrid Solutions Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 09-12-2024
- Paid Up Capital ₹ 7.47 M
as on 09-12-2024
- Company Age 9 Year, 7 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 2.93 Cr
as on 09-12-2024
- Revenue 7.39%
(FY 2019)
- Profit -427.44%
(FY 2019)
- Ebitda -254.79%
(FY 2019)
- Net Worth 210.13%
(FY 2019)
- Total Assets 57.65%
(FY 2019)
About Magnatech Smartgrid Solutions
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
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- Social Media-
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 LimitedActive 1 year 11 monthsHartinder Bhatia is a mutual person
- Plutus Smart Energy Solutions Private LimitedActive 9 years 3 months
Hartinder Bhatia is a mutual person
- Magnatech Smart Energy Solutions Private LimitedActive 9 years 11 days
Hartinder Bhatia is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Oct 2016 | ₹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.
