Magnet Developers Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 888.46 Cr
- Satisfied Charges ₹ 14.00 Cr
- Revenue Growth %
- Profit Growth -52.76%
- Ebitda -52.76%
- Net Worth -30.57%
- Total Assets 0.29%
About Magnet Developers
Magnet Developers Private Limited (MDPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 September 2008 and has a history of 16 years and four months. Its registered office is in Delhi, India.
The Company is engaged in the Real Estate And Construction 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹888.46 Cr. The company has closed loans amounting to ₹14.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Brij Singh and Surendra Joshi serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U45400DL2008PTC183073
- Company No.
183073
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Sep 2008
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Magnet Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Brij Singh  | Director | 18-Feb-2019 | Current |
| Surendra Joshi | Director | 10-Apr-2021 | Current |
Financial Performance of Magnet Developers.
Magnet Developers Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 52.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnet Developers?
In 2021, Magnet Developers 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)
Vatika Infracon Private LimitedBrij Singh is a mutual person
- Vatika One India Next Private Limited
Brij Singh is a mutual person
- Blossom Properties Private Limited
Brij Singh is a mutual person
- Vatika Limited
Brij Singh is a mutual person
- Vatika One On One Private Limited
Surendra Joshi is a mutual person
Pegasus Infrastructure Private LimitedBrij Singh is a mutual person
Charges (Loans)
₹8,884.57 M
₹139.97 M
Charges Breakdown by Lending Institutions
- Others : 888.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2021 | Others | ₹888.46 Cr | Open |
| 31 Mar 2016 | Others | ₹2.00 Cr | Satisfied |
| 24 Jun 2015 | Dewan Housing Finance Corporation Limited | ₹1.43 Cr | Satisfied |
| 30 Jan 2015 | Dewan Housing Finance Corporation Limited | ₹5.52 M | Satisfied |
| 20 Jan 2015 | Hdfc Bank Limited | ₹7.50 Cr | Satisfied |
How Many Employees Work at Magnet Developers?
Unlock and access historical data on people associated with Magnet Developers, 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 Magnet Developers, 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 Magnet Developers'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.
