Magnet Telelinks Profile
Key Indicators
- Authorised Capital ₹ 1.01 Cr
- Paid Up Capital ₹ 1.01 Cr
- Company Age 17 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 14.64 Cr
- Revenue Growth -43.71%
- Profit Growth -9.09%
- Ebitda 45.15%
- Net Worth -14.06%
- Total Assets -3.50%
About Magnet Telelinks
Magnet Telelinks Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 2007 and has a history of 17 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables 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 1.01 Cr and a paid-up capital of Rs 1.01 Cr.
The company has closed loans amounting to ₹14.64 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sanjay Jain and Pallavi Jain serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72900MH2007PTC172240
- Company No.
172240
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Magnet Telelinks?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Jain  | Director | 11-Jul-2007 | Current |
| Pallavi Jain | Director | 11-Jul-2007 | Current |
Financial Performance of Magnet Telelinks.
Magnet Telelinks Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 43.71% decrease. The company also saw a slight decrease in profitability, with a 9.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnet Telelinks?
In 2021, Magnet Telelinks 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)
- Ray Technologies Global Private Limited
Sanjay Jain and Pallavi Jain are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹14.64 Cr
Charges Breakdown by Lending Institutions
- Thane Bharat Sahakari Bank Ltd : 7.35 Cr
- Others : 6.00 Cr
- Thane Bharat Sahakari Bank Limited : 1.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2018 | Others | ₹5.95 Cr | Satisfied |
| 28 Jul 2015 | Thane Bharat Sahakari Bank Limited | ₹1.29 Cr | Satisfied |
| 24 Feb 2010 | Thane Bharat Sahakari Bank Ltd | ₹7.35 Cr | Satisfied |
| 19 Dec 2007 | Others | ₹0.50 M | Satisfied |
How Many Employees Work at Magnet Telelinks?
Magnet Telelinks has a workforce of 7 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnet Telelinks, 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 Telelinks'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.