Magnetic Properties Private Limited

Magnetic Properties Private Limited

Real estate services for buying, selling, and managing properties in India and abroad.
2010 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 03, 2024
HomeCompanyMagnetic Properties Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Rashmikant Shah In Additional Director 15-Jan-2014Current
Kevin Shah In Additional Director 15-Jan-2014Current

Financial Performance and Corporate Structure Insights of Magnetic Properties.

Magnetic Properties Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 4.06% increase. The company also saw a substantial fall in profitability, with a 42.01% decrease in profit. The company's net worth Soared by an impressive increase of 31.94%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.06%
Revenue from Operations
4.07%
Total Assets
69.50%
Profit or Loss
-42.01%
Net Worth
31.94%
EBITDA
144.81%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹83.50 M

LenderAmountStatus

State Bank Of India

Creation Date: 19 Mar 2020
₹8.35 CrOpen

How Many Employees Work at Magnetic Properties?

Unlock and access historical data on people associated with Magnetic Properties, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Magnetic Properties

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 83.50 M registered on 19 Mar 2020 with Charge ID 100335249 was modified on 05 Aug 2022.

    05 Aug 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 83.50 M with Charge ID 100335249 was registered on 19 Mar 2020.

    19 Mar 2020

  • Director Appointment

    Rashmikant Mansukhlal Shah was appointed as a Additional Director was appointed as a Additional Director on 15 Jan 2014 & has been associated with this company since 10 years 11 months .

    15 Jan 2014

  • Director Appointment

    Kevin Rajendrakumar Shah was appointed as a Additional Director was appointed as a Additional Director on 15 Jan 2014 & has been associated with this company since 10 years 11 months .

    15 Jan 2014

Frequently asked questions

  • Magnetic Properties Private Limited was incorporated on 30 Apr 2010.

  • The authorized share capital of Magnetic Properties Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.60 M.

  • Currently 2 directors are associated with Magnetic Properties Private Limited.

    • Rashmikant Mansukhlal Shah
    • Kevin Rajendrakumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnetic Properties Private Limited is 477 Babylon Building, Adenwala Road Matunga, Mumbai, Maharashtra, India, 400019.

  • The corporate identification number (CIN) of Magnetic Properties Private Limited is U70100MH2010PTC202604 and the company number is 202604 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Magnetic Properties Private Limited has risen by 4.06%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Magnetic Properties Private Limited has experienced an upsurge of 31.94%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Magnetic Properties Private Limited amount to ₹ 8.35 Cr.

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

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