Magnet Forex Profile
Key Indicators
- Authorised Capital ₹ 2.70 M
as on 30-12-2024
- Paid Up Capital ₹ 2.70 M
as on 30-12-2024
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 29.57%
(FY 2016)
- Profit 39.50%
(FY 2016)
- Ebitda -3.36%
(FY 2016)
- Net Worth 3.74%
(FY 2016)
- Total Assets 18.29%
(FY 2016)
About Magnet Forex
The Company is engaged in the Financial Services 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 2.70 M and a paid-up capital of Rs 2.70 M, as per Ministry of Corporate Affairs (MCA) records.
Ashok Solanki and Amit Solanki serve as directors at the Company.
- CIN/LLPIN
U74120MH2012PTC230965
- Company No.
230965
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 May 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Magnet Forex?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Solanki  | Director | 12-May-2012 | Current |
| Ashok Solanki | Director | 12-May-2012 | Current |
Financial Performance of Magnet Forex.
Magnet Forex Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 29.57% increase. The company also saw a substantial improvement in profitability, with a 39.5% increase in profit. The company's net worth moved up by a moderate rise of 3.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnet Forex?
In 2017, Magnet Forex 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)
Howden India Consulting Services Private LimitedActive 10 months 18 daysAmit Solanki is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnet Forex?
Unlock and access historical data on people associated with Magnet Forex, 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 Forex, 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 Forex'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.
