Magnifico Minerals Private Limited

Coal trading company sourcing and supplying coal, coking coal, and iron ore to Indian steel and power plants.

2011 | Delhi (India) | Under Insolvency
Last Updated:

Magnifico Minerals Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.01 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 477.00 Cr
  • Satisfied Charges ₹ 379.00 Cr
  • Revenue Growth 12709.72%
  • Profit Growth -40994.09%
  • Ebitda -37526.50%
  • Net Worth -357.66%
  • Total Assets -57.10%

About Magnifico Minerals

Magnifico Minerals Private Limited (MMPL) is Under Cirp company established on 16 Dec 2011 with its office registered at Delhi, India and has been running since 13 Year, 3 Months with a paid up capital of 12.01 Cr. According to MCA records, 2 Directors are linked to this company as of 03 Mar 2025.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2011PTC228884

  • Company No.

    228884

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 2011

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

Who are the key members and board of directors at Magnifico Minerals?

Board Members (2)

NameDesignationAppointment DateStatus
Madhav Agrawal Country flag representing In Director 17-Aug-2020Current
Abhimanyu Sharma Country flag representing In Director 07-Aug-2020Current

Financial Performance of Magnifico Minerals.

Magnifico Minerals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12709.72% increase. The company also saw a substantial fall in profitability, with a 40994.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 357.66%.

Magnifico Minerals revenue growth over time
Magnifico Minerals 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
12709.72%
Revenue from Operations
Total Assets
-57.10%
Profit or Loss
-40994.09%
Net Worth
-357.66%
EBITDA
-37526.50%

What is the Ownership and Shareholding Structure of Magnifico Minerals?

In 2023, Magnifico Minerals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹477.00 Cr

Satisfied Charges

₹379.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 477.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2013Others₹477.00 CrOpen
11 Jun 2014Andhra Bank₹19.00 CrSatisfied
26 Apr 2013Canara Bank₹60.00 CrSatisfied
28 Dec 2012State Bank Of Patiala₹50.00 CrSatisfied
15 Oct 2012Dena Bank₹100.00 CrSatisfied

How Many Employees Work at Magnifico Minerals?

Magnifico Minerals has a workforce of 2 employees as of Apr 07, 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.

Employee growth trends for Magnifico Minerals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnifico Minerals, 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 Magnifico Minerals'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 Magnifico Minerals

Recent activity within the organization

  • Annual General Meeting

    Magnifico Minerals Private Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

  • Balance Sheet

    Magnifico Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Madhav Agrawal was appointed as a Director was appointed as a Director on 17 Aug 2020 & has been associated with this company since 4 years 7 months .

  • Director Appointment

    Abhimanyu Sharma was appointed as a Director was appointed as a Director on 07 Aug 2020 & has been associated with this company since 4 years 7 months .

  • Charges

    A charge with Others of Rs. 477.00 Cr registered on 25 Jun 2013 with Charge ID 10437645 was modified on 01 May 2017.

  • Charges

    A charge registered on 11 Jun 2014 via Charge ID 10508926 with Andhra Bank was fully satisfied on 01 Jun 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Magnifico Minerals Private Limited?

    Magnifico Minerals Private Limited was incorporated on 16 Dec 2011.

  • What is authorized share capital and paid-up capital of Magnifico Minerals Private Limited?

    The authorized share capital of Magnifico Minerals Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.01 Cr.

  • Who are the current board members & directors of Magnifico Minerals Private Limited?

    Currently 2 directors are associated with Magnifico Minerals Private Limited.

    • Madhav Agrawal
    • Abhimanyu Sharma

  • What is the registered address of Magnifico Minerals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnifico Minerals Private Limited is Plot No. 25 Dsiidc Shed Scheme-Ii Basement Okhla Industrial Area, Phase-Ii India, New Delhi, 110020.

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

    The corporate identification number (CIN) of Magnifico Minerals Private Limited is U51909DL2011PTC228884 and the company number is 228884 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnifico Minerals Private Limited?

    The Official website of Magnifico Minerals Private Limited is https://www.magnifico.cc

  • What has been the recent revenue trend for Magnifico Minerals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnifico Minerals Private Limited has risen by 12709.72%.

  • How many employees does Magnifico Minerals Private Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Magnifico Minerals Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnifico Minerals Private Limited has experienced an downturn of -357.66%.

  • What are the total open charges for Magnifico Minerals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magnifico Minerals Private Limited amount to ₹ 477.00 Cr.

  • When was the last Balance Sheet of Magnifico Minerals Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnifico Minerals Private Limited was filed with the ROC on 31 Mar 2023.

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