Magnetech Elevators Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
as on 18-07-2024
- Paid Up Capital ₹ 3.80 M
as on 18-07-2024
- Company Age 6 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 55.41%
(FY 2023)
- Profit 19.87%
(FY 2023)
- Ebitda 20.40%
(FY 2023)
- Net Worth 35.74%
(FY 2023)
- Total Assets 54.61%
(FY 2023)
About Magnetech Elevators
The Company is engaged in the Machinery And Equipment 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 4.00 M and a paid-up capital of Rs 3.80 M, as per Ministry of Corporate Affairs (MCA) records.
Egappan Gnanam, Muthulingam Rajamanickam, and Gnanam Muthuraman serve as directors at the Company.
- CIN/LLPIN
U29300TN2018PTC120726
- Company No.
120726
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Feb 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magnetech Elevators Private Limited offer?
Magnetech Elevators Private Limited offers a wide range of products and services, including Passenger Lifts, Capsule Lift, Elevators & Escalators, Elevators, Goods Lift, Machine Room-Less Lifts, MRL Elevator, Passenger Elevator, Residential Elevator, Automatic Elevator.
Who are the key members and board of directors at Magnetech Elevators?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Egappan Gnanam  | Director | 05-Feb-2018 | Current |
| Muthulingam Rajamanickam | Director | 05-Feb-2018 | Current |
| Gnanam Muthuraman | Director | 16-Sep-2022 | Current |
Financial Performance and Corporate Structure Insights of Magnetech Elevators.
Magnetech Elevators Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.41% increase. The company also saw a substantial improvement in profitability, with a 19.87% increase in profit. The company's net worth Soared by an impressive increase of 35.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnetech Elevators?
In 2023, Magnetech Elevators 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)
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Active 17 years 7 monthsEgappan Gnanam and Gnanam Muthuraman are mutual person
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Active 1 year 7 monthsEgappan Gnanam and Gnanam Muthuraman are mutual person
Muthu Pharma Agencies Private Limited
Active 26 years 8 monthsEgappan Gnanam and Gnanam Muthuraman are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnetech Elevators?
Unlock and access historical data on people associated with Magnetech Elevators, 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 Magnetech Elevators, 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 Magnetech Elevators'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.
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