Magnificent Power Profile
Key Indicators
- Authorised Capital ₹ 2.20 Cr
- Paid Up Capital ₹ 2.10 Cr
- Company Age 10 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.63 Cr
- Revenue Growth 7.66%
- Profit Growth -6.64%
- Ebitda 1.63%
- Net Worth 6.93%
- Total Assets -6.14%
About Magnificent Power
Magnificent Power Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2014 and has a history of Ten years and eight months. Its registered office is in Rupnagar, Punjab, India.
The Corporate was formerly known as Magnificient Power Private Limited. The Company is engaged in the Infrastructure And Utilities 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 2.20 Cr and a paid-up capital of Rs 2.10 Cr.
The company currently has active open charges totaling ₹4.63 Cr.
Amrinder Kaur, Yashpreet Brar, and Gurpreet Brar serve as directors at the Company.
Company Details
- Location
Rupnagar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U40103PB2014PTC038698
- Company No.
038698
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jun 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Magnificent Power?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amrinder Kaur  | Director | 25-Jun-2014 | Current |
| Yashpreet Brar | Director | 30-Dec-2014 | Current |
| Gurpreet Brar | Director | 07-Mar-2015 | Current |
Financial Performance of Magnificent Power.
Magnificent Power Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.66% increase. The company also saw a slight decrease in profitability, with a 6.64% decrease in profit. The company's net worth moved up by a moderate rise of 6.93%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Magnificent Power?
In 2021, Magnificent Power had a promoter holding of 2.00% and a public holding of 98.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Cogneesol Private LimitedAmrinder Kaur is a mutual person
Insolacion Energy Private LimitedAmrinder Kaur is a mutual person
- Refs Power Generation Private Limited
Yashpreet Brar is a mutual person
Charges (Loans)
₹4.63 Cr
₹0
Charges Breakdown by Lending Institutions
- Indian Renewable Energy Development Agency Limited : 4.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2015 | Indian Renewable Energy Development Agency Limited | ₹4.63 Cr | Open |
How Many Employees Work at Magnificent Power?
Unlock and access historical data on people associated with Magnificent Power, 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 Magnificent Power, 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 Magnificent Power'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.
