Magnificent Power Private Limited

Magnificent Power Private Limited

Construction services for power generation, hydroelectric projects, solar and bio-gas energy plants, and more.
2014 | Rupnagar, Punjab (India) | Active

Last Updated:

December 02, 2024
HomeCompanyMagnificent Power Private Limited

Who are the key members and board of directors at Magnificent Power?

Board Members(3)

NameDesignationAppointment DateStatus
Amrinder Kaur In Director 25-Jun-2014Current
Yashpreet Brar In Director 30-Dec-2014Current
Gurpreet Brar In Director 07-Mar-2015Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.66%
Revenue from Operations
7.79%
Total Assets
-6.14%
Profit or Loss
-6.64%
Net Worth
6.93%
EBITDA
1.63%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹4.63 Cr

LenderAmountStatus

Indian Renewable Energy Development Agency Limited

Creation Date: 30 Dec 2015
₹4.63 CrOpen

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.

Employee Graph

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Latest Updates, News, and FAQs on Magnificent Power

Recent activity within the organization

  • Annual General Meeting

    Magnificent Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnificent Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Indian Renewable Energy Development Agency Limited of Rs. 4.63 Cr registered on 30 Dec 2015 with Charge ID 10613615 was modified on 20 Jan 2016.

    20 Jan 2016

  • Charges

    A charge with Indian Renewable Energy Development Agency Limited amounted to Rs. 4.63 Cr with Charge ID 10613615 was registered on 30 Dec 2015.

    30 Dec 2015

  • Director Appointment

    Gurpreet Singh Brar was appointed as a Director was appointed as a Director on 07 Mar 2015 & has been associated with this company since 9 years 9 months .

    07 Mar 2015

  • Director Appointment

    Yashpreet Singh Brar was appointed as a Director was appointed as a Director on 30 Dec 2014 & has been associated with this company since 9 years 11 months .

    30 Dec 2014

Frequently asked questions

  • Magnificent Power Private Limited was incorporated on 25 Jun 2014.

  • The authorized share capital of Magnificent Power Private Limited is ₹ 2.20 Cr and paid-up capital is ₹ 2.10 Cr.

  • Currently 3 directors are associated with Magnificent Power Private Limited.

    • Amrinder Kaur
    • Yashpreet Singh Brar
    • Gurpreet Singh Brar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnificent Power Private Limited is Scf No 61-62 Third Floor Phase-7, Industrial Focal Point India, Sas Nagar, Punjab, 160062.

  • The corporate identification number (CIN) of Magnificent Power Private Limited is U40103PB2014PTC038698 and the company number is 038698 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magnificent Power Private Limited has risen by 7.66%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magnificent Power Private Limited has experienced an upsurge of 6.93%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Magnificent Power Private Limited amount to ₹ 4.63 Cr.

  • The most recent Balance Sheet for Magnificent Power Private Limited was filed with the ROC on 31 Mar 2024.

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