Magnato Movers Private Limited

Manufactures engineering goods since 1989, based in Tamil Nadu.

1989 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 03, 2024

Magnato Movers Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.61 M
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 8.80%
  • Profit Growth 13.58%
  • Ebitda -3.12%
  • Net Worth 37.01%
  • Total Assets 1.58%

About Magnato Movers

Magnato Movers Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 April 1989 and has a history of 35 years and ten months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.61 M, as per Ministry of Corporate Affairs (MCA) records.

Ranganathan Narayanan, Sethuraman Ravichandran, and Sriram Narayanan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29191TN1989PTC017185

  • Company No.

    017185

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1989

  • Date of AGM

    27 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Magnato Movers?

Board Members (3)

Name Designation Appointment Date Status
Ranganathan Narayanan Country flag representing In Director 07-Apr-1989 Current
Sethuraman Ravichandran Country flag representing In Director 17-Apr-1989 Current
Sriram Narayanan Country flag representing In Additional Director 10-Jun-2022 Current

Financial Performance of Magnato Movers.

Magnato Movers Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 8.8% increase. The company also saw a substantial improvement in profitability, with a 13.58% increase in profit. The company's net worth Soared by an impressive increase of 37.01%.

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
8.80%
Revenue from Operations
4.32%
Total Assets
1.58%
Profit or Loss
13.58%
Net Worth
37.01%
EBITDA
-3.12%

What is the Ownership and Shareholding Structure of Magnato Movers?

In 2020, Magnato Movers 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 Magnato Movers?

Unlock and access historical data on people associated with Magnato Movers, 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 Magnato Movers, 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 Magnato Movers'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 Magnato Movers

Recent activity within the organization

  • Annual General Meeting

    Magnato Movers Private Limited last Annual general meeting of members was held on 27 Nov 2023 as per latest MCA records.

    27 Nov 2023

  • Balance Sheet

    Magnato Movers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Sriram Narayanan was appointed as a Additional Director was appointed as a Additional Director on 10 Jun 2022 & has been associated with this company since 2 years 8 months .

    10 Jun 2022

  • Director Appointment

    Sethuraman Ravichandran was appointed as a Director was appointed as a Director on 17 Apr 1989 & has been associated with this company since 35 years 9 months .

    17 Apr 1989

  • Director Appointment

    Ranganathan Narayanan was appointed as a Director was appointed as a Director on 07 Apr 1989 & has been associated with this company since 35 years 10 months .

    07 Apr 1989

  • Company Incorporation

    Magnato Movers Private Limited was registered on 07 Apr 1989 with Roc Chennai & aged 35 years 10 months as per MCA records.

    07 Apr 1989

Frequently asked questions

  • Magnato Movers Private Limited was incorporated on 07 Apr 1989.

  • The authorized share capital of Magnato Movers Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.61 M.

  • Currently 3 directors are associated with Magnato Movers Private Limited.

    • Ranganathan Narayanan
    • Sethuraman Ravichandran
    • Sriram Narayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnato Movers Private Limited is 12/1 Venkatakrishna Road Raja Annamalaipuram India, Annamalaipuram Madras-28, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Magnato Movers Private Limited is U29191TN1989PTC017185 and the company number is 017185 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Magnato Movers Private Limited has risen by 8.80%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Magnato Movers Private Limited has experienced an upsurge of 37.01%.

  • The most recent Balance Sheet for Magnato Movers Private Limited was filed with the ROC on 31 Mar 2023.