Magnetic Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.80 M
as on 10-12-2024
- Paid Up Capital ₹ 0.80 M
as on 10-12-2024
- Company Age 12 Year, 11 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
as on 10-12-2024
- Revenue 7.91%
(FY 2017)
- Profit -60.61%
(FY 2017)
- Ebitda 34.72%
(FY 2017)
- Net Worth 5.04%
(FY 2017)
- Total Assets 15.11%
(FY 2017)
About Magnetic Solutions
The Company is engaged in the Metal & Minerals 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 0.80 M and a paid-up capital of Rs 0.80 M.
The company currently has active open charges totaling ₹1.00 Cr.
Vidyadhar Velhal, Supriya Velhal, and Gautami Vidyadhar serve as directors at the Company.
- CIN/LLPIN
U28910MH2013PTC239389
- Company No.
239389
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jan 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Magnetic Solutions Private Limited offer?
Magnetic Solutions Private Limited offers a wide range of products and services, including Motifs, Badges, Emblems & Lanyards, Badges, Conveyor Systems & Components, Conveyor Pulleys, Bar, Neodymium & Permanent Magnets, Neodymium Magnets, Magnetic Separators, Conveyor Components, Electrical & Electronic Test Devices, Magnetic Meters.
Who are the key members and board of directors at Magnetic Solutions?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vidyadhar Velhal  | Director | 07-Jan-2013 | Current |
| Supriya Velhal | Director | 07-Jan-2013 | Current |
| Gautami Vidyadhar | Director | 07-Jan-2013 | Current |
Financial Performance of Magnetic Solutions.
Magnetic Solutions Private Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 7.91% increase. The company also saw a substantial fall in profitability, with a 60.61% decrease in profit. The company's net worth moved up by a moderate rise of 5.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnetic Solutions?
In 2017, Magnetic Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 02 Mar 2023 | ₹5.00 M | Open |
Others Creation Date: 20 Sep 2022 | ₹5.00 M | Open |
How Many Employees Work at Magnetic Solutions?
Unlock and access historical data on people associated with Magnetic Solutions, 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 Magnetic Solutions, 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 Solutions'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.
