Magni Tech Speciality Cables Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 29-07-2024
- Paid Up Capital ₹ 2.00 Cr
as on 29-07-2024
- Company Age 10 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.40 Cr
as on 29-07-2024
- Satisfied Charges ₹ 5.00 Cr
as on 29-07-2024
- Revenue 8.88%
(FY 2023)
- Profit 146.18%
(FY 2023)
- Ebitda -0.60%
(FY 2023)
- Net Worth 80.24%
(FY 2023)
- Total Assets -17.38%
(FY 2023)
About Magni Tech Speciality Cables
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 2023. 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 ₹16.40 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Laxman Deora and Ranjeet Deora serve as directors at the Company.
- CIN/LLPIN
U31300RJ2014PTC045310
- Company No.
045310
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Mar 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Company Details
- Location
Reengus, Rajasthan, India
- Telephone
- Email Address
- Website
- Social Media-
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.
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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 28 Jun 2024 | ₹7.47 Cr | Open |
Canara Bank Creation Date: 16 Jun 2020 | ₹1.03 M | Open |
Canara Bank Creation Date: 06 Sep 2018 | ₹8.82 Cr | Open |
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.
