Magnetic Culture Private Limited

Founded in 2018 and headquartered in Uttar Pradesh, India.

2018 | Greater Noida, Uttar Pradesh (India) | Active
Last Updated: December 28, 2024

Magnetic Culture Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 M
  • Revenue Growth %
  • Profit Growth -68.27%
  • Ebitda 53.04%
  • Net Worth -11.18%
  • Total Assets 796.99%

About Magnetic Culture

Magnetic Culture Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 June 2018 (Six years and seven months 5 days old ). Its registered office is in Greater Noida, Uttar Pradesh.

The Company is engaged in the Fabrication 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 M.

Aviral Sharma, Poonam Sharma, and Lakshya Sharma serve as directors at the Company.

Company Details

  • Location
    Greater Noida, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28997UP2018PTC105821

  • Company No.

    105821

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Fabrication
Home Appliances

Who are the key members and board of directors at Magnetic Culture?

Board Members (3)

Name Designation Appointment Date Status
Lakshya Sharma Country flag representing In Director 03-Feb-2021 Current
Aviral Sharma Country flag representing In Director 01-Sep-2023 Current
Poonam Sharma Country flag representing In Director 03-Feb-2021 Current

Financial Performance of Magnetic Culture.

Magnetic Culture Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 68.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.18%.

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
Revenue from Operations
Total Assets
796.99%
Profit or Loss
-68.27%
Net Worth
-11.18%
EBITDA
53.04%

What is the Ownership and Shareholding Structure of Magnetic Culture?

Unlock access to Magnetic Culture's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
08 Nov 2023 Canara Bank ₹2.50 M Open

How Many Employees Work at Magnetic Culture?

Unlock and access historical data on people associated with Magnetic Culture, 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 Magnetic Culture, 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 Magnetic Culture'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 Magnetic Culture

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 2.50 M with Charge ID 100821733 was registered on 08 Nov 2023.

    08 Nov 2023

  • Annual General Meeting

    Magnetic Culture Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Aviral Sharma was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 5 months .

    01 Sep 2023

  • Balance Sheet

    Magnetic Culture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Director Appointment

    Poonam Kumari Sharma was appointed as a Director was appointed as a Director on 03 Feb 2021 & has been associated with this company since 3 years 11 months .

    03 Feb 2021

  • Director Appointment

    Lakshya Sharma was appointed as a Director was appointed as a Director on 03 Feb 2021 & has been associated with this company since 3 years 11 months .

    03 Feb 2021

Frequently asked questions

  • Magnetic Culture Private Limited was incorporated on 29 Jun 2018.

  • The authorized share capital of Magnetic Culture Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Magnetic Culture Private Limited.

    • Aviral Sharma
    • Poonam Kumari Sharma
    • Lakshya Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnetic Culture Private Limited is P/303, Plumeria Garden Estate Omicron - 3 India, Greater Noida, Uttar Pradesh, 201308.

  • The corporate identification number (CIN) of Magnetic Culture Private Limited is U28997UP2018PTC105821 and the company number is 105821 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Magnetic Culture Private Limited has experienced an downturn of -11.18%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Magnetic Culture Private Limited amount to ₹ 2.50 M.

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

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