Magni Tech Speciality Cables Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 11 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.97 Cr
- Satisfied Charges ₹ 5.10 Cr
- Revenue Growth 8.88%
- Profit Growth 146.18%
- Ebitda -0.60%
- Net Worth 80.24%
- Total Assets -17.38%
About Magni Tech Speciality Cables
Magni Tech Speciality Cables Private Limited (MTSCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 March 2014 and has a history of 11 years. Its registered office is in Sikar, Rajasthan, India.
The Company is engaged in the Manufacturing 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 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹8.97 Cr. The company has closed loans amounting to ₹5.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Laxman Deora and Ranjeet Deora serve as directors at the Company.
Company Details
- Location
Sikar, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300RJ2014PTC045310
- Company No.
045310
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Mar 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Manufacturing
What products or services does Magni Tech Speciality Cables Private Limited offer?
Magni Tech Speciality Cables Private Limited offers a wide range of products and services, including Electrical Cables & Wires, Industrial Wires.
Magni Tech Speciality Cables Private Limited
Explore comprehensive data for Magni Tech Speciality Cables Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magni Tech Speciality Cables?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Laxman Deora  | Director | 06-Mar-2014 | Current |
| Ranjeet Deora | Director | 17-Mar-2015 | Current |
Financial Performance of Magni Tech Speciality Cables.
Magni Tech Speciality Cables Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.88% increase. The company also saw a substantial improvement in profitability, with a 146.18% increase in profit. The company's net worth Soared by an impressive increase of 80.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magni Tech Speciality Cables?
In 2023, Magni Tech Speciality Cables had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹8.97 Cr
Satisfied Charges
₹5.10 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 8.47 Cr
- Canara Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2024 | Indian Bank | ₹1.00 Cr | Open |
| 28 Jun 2024 | Indian Bank | ₹7.47 Cr | Open |
| 06 Sep 2018 | Canara Bank | ₹5.00 M | Open |
| 16 Jun 2020 | Canara Bank | ₹1.03 M | Satisfied |
| 02 Jan 2015 | Dena Bank | ₹5.00 Cr | Satisfied |
How Many Employees Work at Magni Tech Speciality Cables?
Unlock and access historical data on people associated with Magni Tech Speciality Cables, 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 Magni Tech Speciality Cables, 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 Magni Tech Speciality Cables'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.
Latest Updates, News, and FAQs on Magni Tech Speciality Cables
Recent activity within the organization
- Charges
A charge with Indian Bank amounted to Rs. 1.00 Cr with Charge ID 100996177 was registered on 10 Oct 2024.
- Annual General Meeting
Magni Tech Speciality Cables Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 16 Jun 2020 via Charge ID 100346782 with Canara Bank was fully satisfied on 19 Jul 2024.
- Charges
A charge with Canara Bank of Rs. 0.50 Cr registered on 06 Sep 2018 with Charge ID 100243470 was modified on 19 Jul 2024.
- Charges
A charge with Indian Bank amounted to Rs. 7.47 Cr with Charge ID 100950391 was registered on 28 Jun 2024.
- Balance Sheet
Magni Tech Speciality Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Frequently asked questions
What is the Incorporation or founding date of Magni Tech Speciality Cables Private Limited?
Magni Tech Speciality Cables Private Limited was incorporated on 06 Mar 2014.
What is authorized share capital and paid-up capital of Magni Tech Speciality Cables Private Limited?
The authorized share capital of Magni Tech Speciality Cables Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Magni Tech Speciality Cables Private Limited?
Currently 2 directors are associated with Magni Tech Speciality Cables Private Limited.
- Laxman Singh Deora
- Ranjeet Singh Deora
What is the registered address of Magni Tech Speciality Cables Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magni Tech Speciality Cables Private Limited is A-127 Shree Khatu Shyamji Industrial Area Riico, India, Reengus, Rajasthan, 332404.
What is the corporate identification number (CIN) and company number of Magni Tech Speciality Cables Private Limited?
The corporate identification number (CIN) of Magni Tech Speciality Cables Private Limited is U31300RJ2014PTC045310 and the company number is 045310 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magni Tech Speciality Cables Private Limited?
The Official website of Magni Tech Speciality Cables Private Limited is https://www.magnitechcables.com
What has been the recent revenue trend for Magni Tech Speciality Cables Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magni Tech Speciality Cables Private Limited has risen by 8.88%.
What change has been observed in the net worth of Magni Tech Speciality Cables Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magni Tech Speciality Cables Private Limited has experienced an upsurge of 80.24%.
What are the total open charges for Magni Tech Speciality Cables Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magni Tech Speciality Cables Private Limited amount to ₹ 8.97 Cr.
When was the last Balance Sheet of Magni Tech Speciality Cables Private Limited filed with the ROC?
The most recent Balance Sheet for Magni Tech Speciality Cables Private Limited was filed with the ROC on 31 Mar 2024.
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