Magnetic Logistics Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.86 Cr
- Revenue Growth -15.84%
- Profit Growth 15.02%
- Ebitda 39.10%
- Net Worth 35.08%
- Total Assets 1.09%
About Magnetic Logistics
Magnetic Logistics Private Limited (MLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 September 2003 and has a history of 21 years and five months. Its registered office is in New Delhi, Delhi.
The Company is engaged in the Transport And Logistics 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 2.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹1.86 Cr.
Deep Chopra, Ashok Pahwa, and Abhishek Pahwa serve as directors at the Company.
Company Details
- Location New Delhi, Delhi
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U63013DL2003PTC122139
- Company No.
122139
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Sep 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Transport and Logistics
What products or services does Magnetic Logistics Private Limited offer?
Magnetic Logistics Private Limited offers a wide range of products and services, including Parcel Delivery Services, Door To Door Delivery, Transportation Services, Clearing & Forwarding Services, Freight Forwarding Services, Forwarding & Custom Clearing, Cargo Transportation Services, Air Cargo Service, Container Load Services.
Who are the key members and board of directors at Magnetic Logistics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deep Chopra  | Director | 28-Nov-2005 | Current |
| Ashok Pahwa | Director | 08-Sep-2003 | Current |
| Abhishek Pahwa | Director | 02-Sep-2005 | Current |
Financial Performance of Magnetic Logistics.
Magnetic Logistics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.84% decrease. The company also saw a substantial improvement in profitability, with a 15.02% increase in profit. The company's net worth Soared by an impressive increase of 35.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnetic Logistics?
In 2023, Magnetic Logistics 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)
- J And K Cargo Movers Private Limited
Ashok Pahwa and Abhishek Pahwa are mutual person
Charges (Loans)
Open Charges
₹18.60 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 1.50 Cr
- Uco Bank : 0.25 Cr
- Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2022 | Hdfc Bank Limited | ₹1.10 M | Open |
| 26 Feb 2021 | Canara Bank | ₹1.50 Cr | Open |
| 13 Jun 2006 | Uco Bank | ₹2.50 M | Open |
How Many Employees Work at Magnetic Logistics?
Magnetic Logistics has a workforce of 8 employees as of Apr 01, 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 Magnetic Logistics, 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 Logistics'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.