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:

Magnificent Power Profile

Key Indicators

  • Authorised Capital ₹ 2.20 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 10 Year, 10 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 ten 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

  • 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

Infrastructure and Utilities
Energy and Power
Company report

Magnificent Power Private Limited

Explore comprehensive data for Magnificent Power Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Amrinder Kaur Country flag representing In Director 25-Jun-2014Current
Yashpreet Brar Country flag representing In Director 30-Dec-2014Current
Gurpreet Brar Country flag representing 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%.

Magnificent Power revenue growth over time
Magnificent Power profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(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%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.63 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Renewable Energy Development Agency Limited : 4.63 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2015Indian Renewable Energy Development Agency Limited₹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 growth trends for Magnificent Power Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 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.

  • Balance Sheet

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

  • 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.

  • 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.

  • 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 10 years 1 month .

  • 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 10 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Magnificent Power Private Limited?

    Magnificent Power Private Limited was incorporated on 25 Jun 2014.

  • What is authorized share capital and paid-up capital of Magnificent Power Private Limited?

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

  • Who are the current board members & directors of Magnificent Power Private Limited?

    Currently 3 directors are associated with Magnificent Power Private Limited.

    • Amrinder Kaur
    • Yashpreet Singh Brar
    • Gurpreet Singh Brar

  • What is the registered address of Magnificent Power Private Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Magnificent Power Private Limited?

    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).

  • What has been the recent revenue trend for Magnificent Power Private Limited?

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

  • What change has been observed in the net worth of Magnificent Power Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Magnificent Power Private Limited?

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

  • When was the last Balance Sheet of Magnificent Power Private Limited filed with the ROC?

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

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