Magnessa Enterprises Private Limited

Produces and sells organic herbal products, including soap, under various brand names.

2014 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Magnessa Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.48 Cr
  • Revenue Growth 23.28%
  • Profit Growth 209.87%
  • Ebitda 41.38%
  • Net Worth 8.63%
  • Total Assets -2.06%

About Magnessa Enterprises

Magnessa Enterprises Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2014 and has a history of Ten years and 11 months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the E-Commerce 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 2.50 M.

The company currently has active open charges totaling ₹2.48 Cr.

Mahalingam Karthikeyan, Puthanveettil Sreejith, and Kunhi Khan serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magnessa.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2014PTC095457

  • Company No.

    095457

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

E-Commerce

What products or services does Magnessa Enterprises Private Limited offer?

Magnessa Enterprises Private Limited offers a wide range of products and services, including Hand Wash, Hand Washing Gels, Essential & Aromatic Oils, Natural Flower Oil, Tea & Coffee, Tea, Floor Cleaner, Multi Purpose Cleaner.

Who are the key members and board of directors at Magnessa Enterprises?

Board Members (3)

Name Designation Appointment Date Status
Mahalingam Karthikeyan Country flag representing In Director 14-Apr-2014 Current
Puthanveettil Sreejith Country flag representing In Director 14-Mar-2014 Current
Kunhi Khan Country flag representing In Whole-Time Director 14-Mar-2014 Current

Financial Performance of Magnessa Enterprises.

Magnessa Enterprises Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.28% increase. The company also saw a substantial improvement in profitability, with a 209.87% increase in profit. The company's net worth moved up by a moderate rise of 8.63%.

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
23.28%
Revenue from Operations
23.28%
Total Assets
-2.06%
Profit or Loss
209.87%
Net Worth
8.63%
EBITDA
41.38%

What is the Ownership and Shareholding Structure of Magnessa Enterprises?

In 2023, Magnessa Enterprises 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)

Open Charges

₹24.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.25 Cr
  • Axis Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2021 Axis Bank Limited ₹2.30 M Open
09 Aug 2014 Others ₹2.25 Cr Open

How Many Employees Work at Magnessa Enterprises?

Unlock and access historical data on people associated with Magnessa Enterprises, 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 Magnessa Enterprises, 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 Magnessa Enterprises'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 Magnessa Enterprises

Recent activity within the organization

  • Annual General Meeting

    Magnessa Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.30 M with Charge ID 100431752 was registered on 16 Feb 2021.

    16 Feb 2021

  • Charges

    A charge with Others of Rs. 22.50 M registered on 09 Aug 2014 with Charge ID 10521904 was modified on 31 Mar 2020.

    31 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 22.50 M with Charge ID 10521904 was registered on 09 Aug 2014.

    09 Aug 2014

  • Director Appointment

    Mahalingam Karthikeyan was appointed as a Director was appointed as a Director on 14 Apr 2014 & has been associated with this company since 10 years 10 months .

    14 Apr 2014

Frequently asked questions

  • Magnessa Enterprises Private Limited was incorporated on 14 Mar 2014.

  • The authorized share capital of Magnessa Enterprises Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Magnessa Enterprises Private Limited.

    • Mahalingam Karthikeyan
    • Puthanveettil Kunjananthan Sreejith
    • Kunhi Moidoo Firose Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnessa Enterprises Private Limited is Arifa Garden No 30 Sunrise Avenue Kapaleshwarar Nagar Neelangarai, India, Chennai, Tamil Nadu, 600115.

  • The corporate identification number (CIN) of Magnessa Enterprises Private Limited is U74999TN2014PTC095457 and the company number is 095457 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnessa Enterprises Private Limited is https://www.magnessa.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnessa Enterprises Private Limited has risen by 23.28%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnessa Enterprises Private Limited has experienced an upsurge of 8.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnessa Enterprises Private Limited amount to ₹ 2.48 Cr.

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

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