Magnet Shelter Private Limited

Construction and development of various types of buildings and structures.

1997 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Magnet Shelter Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.00 Cr
  • Revenue Growth -99.97%
  • Profit Growth -129.10%
  • Ebitda 99.93%
  • Net Worth -92.80%
  • Total Assets 1.59%

About Magnet Shelter

Magnet Shelter Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 March 1997 and has a history of 27 years and 11 months. Its registered office is in Pune, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹55.00 Cr.

Umesh Kshirsagar and Kaustubh Oak serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202PN1997PTC106404

  • Company No.

    106404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 1997

  • Date of AGM

    04 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

Who are the key members and board of directors at Magnet Shelter?

Board Members (2)

Name Designation Appointment Date Status
Umesh Kshirsagar Country flag representing In Director 01-Nov-2007 Current
Kaustubh Oak Country flag representing In Additional Director 13-May-2024 Current

Financial Performance of Magnet Shelter.

Magnet Shelter Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.97% decrease. The company also saw a substantial fall in profitability, with a 129.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 92.8%.

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
-99.97%
Revenue from Operations
Total Assets
1.59%
Profit or Loss
-129.10%
Net Worth
-92.80%
EBITDA
99.93%

What is the Ownership and Shareholding Structure of Magnet Shelter?

In 2023, Magnet Shelter had a promoter holding of 99.80% and a public holding of 0.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹550.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 55.00 Cr

Latest Charge Details

Date Lender Amount Status
18 Oct 2019 Others ₹55.00 Cr Open

How Many Employees Work at Magnet Shelter?

Unlock and access historical data on people associated with Magnet Shelter, 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 Magnet Shelter, 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 Shelter'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 Magnet Shelter

Recent activity within the organization

  • Director Appointment

    Kaustubh Deepak Oak was appointed as a Additional Director was appointed as a Additional Director on 13 May 2024 & has been associated with this company since 8 months 27 days .

    13 May 2024

  • Annual General Meeting

    Magnet Shelter Private Limited last Annual general meeting of members was held on 04 Oct 2023 as per latest MCA records.

    04 Oct 2023

  • Balance Sheet

    Magnet Shelter Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 550.00 M with Charge ID 100304224 was registered on 18 Oct 2019.

    18 Oct 2019

  • Director Appointment

    Umesh Sadashiv Kshirsagar was appointed as a Director was appointed as a Director on 01 Nov 2007 & has been associated with this company since 17 years 3 months .

    01 Nov 2007

  • Company Incorporation

    Magnet Shelter Private Limited was registered on 07 Mar 1997 with Roc Pune & aged 27 years 11 months as per MCA records.

    07 Mar 1997

Frequently asked questions

  • Magnet Shelter Private Limited was incorporated on 07 Mar 1997.

  • The authorized share capital of Magnet Shelter Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnet Shelter Private Limited.

    • Umesh Sadashiv Kshirsagar
    • Kaustubh Deepak Oak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnet Shelter Private Limited is Psc House Anand Colony Plotno.50/1 Cts No.111/1 Dr. Ketkar Marg Off Prabhat Road Erand Wane, India, Pune, Maharashtra, 411004.

  • The corporate identification number (CIN) of Magnet Shelter Private Limited is U45202PN1997PTC106404 and the company number is 106404 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnet Shelter Private Limited has fallen by -99.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnet Shelter Private Limited has experienced an downturn of -92.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnet Shelter Private Limited amount to ₹ 55.00 Cr.

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

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