Magnic Technologies Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.36 M
- Revenue Growth 88.14%
- Profit Growth 280.40%
- Ebitda 138.85%
- Net Worth 31.05%
- Total Assets 22.12%
About Magnic Technologies
Magnic Technologies Private Limited (MTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 June 2017 (Seven years and seven months 24 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company has closed loans amounting to ₹7.36 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kalpana Palaniappan and Karthikeyan serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, 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
U74999TZ2017PTC029056
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Company No.
029056
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Jun 2017
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Date of AGM
30 Sep 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 Coimbatore
Industry
What products or services does Magnic Technologies Private Limited offer?
Magnic Technologies Private Limited offers a wide range of products and services, including Photographers & Videographers, Photography Services, Camera & Photography Equipments, Photo Studio Equipment, Metal, Security & Safety Detectors, Metal Detector.
Who are the key members and board of directors at Magnic Technologies?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kalpana Palaniappan
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Director | 13-Jun-2017 | Current |
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Karthikeyan
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Director | 13-Jun-2017 | Current |
Financial Performance of Magnic Technologies.
Magnic Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.14% increase. The company also saw a substantial improvement in profitability, with a 280.4% increase in profit. The company's net worth Soared by an impressive increase of 31.05%.
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What is the Ownership and Shareholding Structure of Magnic Technologies?
Unlock access to Magnic Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
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Magnic Industries Private LimitedKalpana Palaniappan and Karthikeyan are mutual person
Charges (Loans)
₹0
₹7.36 M
Charges Breakdown by Lending Institutions
- Sidbi : 0.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2023 | Sidbi | ₹7.36 M | Satisfied |
How Many Employees Work at Magnic Technologies?
Magnic Technologies has a workforce of 20 employees as of Apr 06, 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 Magnic Technologies, 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 Magnic Technologies'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.