Magnet Fashion Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 5.17 M
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.10 M
- Revenue Growth 21.92%
- Profit Growth 99.39%
- Ebitda -32.83%
- Net Worth -1.10%
- Total Assets -8.87%
About Magnet Fashion
Magnet Fashion Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 April 2008 and has a history of 16 years and ten months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.17 M.
The company currently has active open charges totaling ₹3.10 M.
Anis Khan, Zafar Khan, Pervez Khan, and Two other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17120WB2008PTC125013
- Company No.
125013
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Apr 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Magnet Fashion Private Limited offer?
Magnet Fashion Private Limited offers a wide range of products and services, including Leather Bags, Ladies Leather Bag, Shoes, Formal Footwear, Wallet, Men Wallet, Women Footwear, Ladies Fashion Footwear, Ladies Sandal, Ladies Flat Sandals.
Who are the key members and board of directors at Magnet Fashion?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anis Khan  | Director | 05-Jan-2009 | Current |
| Zafar Khan | Director | 05-Jan-2009 | Current |
| Pervez Khan | Director | 17-Apr-2008 | Current |
| Shamim Khan | Director | 17-Apr-2008 | Current |
| Shahzada Khan | Director | 05-Jan-2009 | Current |
Financial Performance of Magnet Fashion.
Magnet Fashion Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.92% increase. The company also saw a substantial improvement in profitability, with a 99.39% increase in profit. The company's net worth dipped by a decrease of 1.1%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Magnet Fashion?
In 2019, Magnet Fashion 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)
Beeu Realestate Private LimitedAnis Khan, Zafar Khan and 3 more are mutual person
Shrachi Beeu Projects LlpShahzada Khan is a mutual person
Magnet Construction Private LimitedAnis Khan, Zafar Khan and 3 more are mutual person
- Beeu Realty Private Limited
Anis Khan, Zafar Khan and 3 more are mutual person
- Central Holding Private Limited
Anis Khan, Zafar Khan and 3 more are mutual person
- Beeu Hotels Private Limited
Anis Khan, Zafar Khan and 3 more are mutual person
Charges (Loans)
₹3.10 M
₹0
Charges Breakdown by Lending Institutions
- The Federal Bank Limited : 0.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2010 | The Federal Bank Limited | ₹3.10 M | Open |
How Many Employees Work at Magnet Fashion?
Unlock and access historical data on people associated with Magnet Fashion, 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 Fashion, 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 Fashion'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.
