Magneto Induction Profile
Key Indicators
- Authorised Capital ₹ 2.10 Cr
- Paid Up Capital ₹ 1.02 Cr
- Company Age 36 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 5.60 M
- Revenue Growth %
- Profit Growth 59.15%
- Ebitda 76.10%
- Net Worth -1.14%
- Total Assets -0.94%
About Magneto Induction
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29120GJ1988PTC010526
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Company No.
010526
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Apr 1988
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Date of AGM
23 Jun 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Magneto Induction?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavesh Girishbhai
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Director | 05-Apr-1988 | Current |
Jayshreeben Rohitkumar
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Director | 24-Nov-2020 | Current |
Financial Performance of Magneto Induction.
Magneto Induction Pvt Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 59.15% increase in profit. The company's net worth dipped by a decrease of 1.14%.
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What is the Ownership and Shareholding Structure of Magneto Induction?
In 2023, Magneto Induction 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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Milcent Appliances Private LimitedBhavesh Girishbhai and Jayshreeben Rohitkumar are mutual person
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Magtech Motors Pvt LtdBhavesh Girishbhai and Jayshreeben Rohitkumar are mutual person
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Amanta Healthcare LimitedBhavesh Girishbhai is a mutual person
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The Pharmaceutical Form-Fill-Seal Association Of IndiaBhavesh Girishbhai is a mutual person
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Milcent Jansewa Foundation
Jayshreeben Rohitkumar is a mutual person
Charges (Loans)
₹0
₹0.56 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 0.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2012 | Bank Of Baroda | ₹0.60 M | Satisfied |
| 31 Dec 2008 | Bank Of Baroda | ₹2.00 M | Satisfied |
| 06 Jun 2000 | Bank Of Baroda | ₹3.00 M | Satisfied |
How Many Employees Work at Magneto Induction?
Magneto Induction has a workforce of 30 employees as of Apr 05, 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 Magneto Induction, 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 Magneto Induction'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.
