Magnolid Tech Private Limited

Manufactures and trades programmable controllers, temperature scanner, and protective relays.

2019 | Thane, Maharashtra (India) | Active
Last Updated:

Magnolid Tech Profile

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.65 Cr
  • Satisfied Charges ₹ 2.10 Cr
  • Revenue Growth 228.91%
  • Profit Growth 76.27%
  • Ebitda 19.88%
  • Net Worth 293.18%
  • Total Assets 139.44%

About Magnolid Tech

Magnolid Tech Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 January 2019 (Six years and two months 9 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Information Technology 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 0.40 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹1.65 Cr. The company has closed loans amounting to ₹2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pankaj Rajput, Mangesh Karekar, and Madhavi Karekar serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2019PTC319047

  • Company No.

    319047

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Magnolid Tech Private Limited offer?

Magnolid Tech Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, AMF Panels, Process Control Systems & Equipments, Temperature Controller, Electrical & Electronic Test Devices, Battery Tester, Electric Control Panel, Relays and Contactors, Relays, Generators, Turbines & Power Plants.

Company report

Magnolid Tech Private Limited

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

Who are the key members and board of directors at Magnolid Tech?

Board Members (3)

NameDesignationAppointment DateStatus
Pankaj Rajput Country flag representing In Director 04-Jan-2019Current
Mangesh Karekar Country flag representing In Director 04-Jan-2019Current
Madhavi Karekar Country flag representing In Director 04-Jan-2019Current

Financial Performance of Magnolid Tech.

Magnolid Tech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 228.91% increase. The company also saw a substantial improvement in profitability, with a 76.27% increase in profit. The company's net worth Soared by an impressive increase of 293.18%.

Magnolid Tech revenue growth over time
Magnolid Tech 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
228.91%
Revenue from Operations
213.36%
Total Assets
139.44%
Profit or Loss
76.27%
Net Worth
293.18%
EBITDA
19.88%

What is the Ownership and Shareholding Structure of Magnolid Tech?

In 2022, Magnolid Tech 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

₹16.50 M

Satisfied Charges

₹21.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.65 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2023Axis Bank Limited₹1.65 CrOpen
28 Nov 2022Others₹1.25 CrSatisfied
12 Aug 2021Others₹8.50 MSatisfied

How Many Employees Work at Magnolid Tech?

Magnolid Tech has a workforce of 13 employees as of Mar 29, 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 Magnolid Tech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnolid Tech, 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 Magnolid Tech'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 Magnolid Tech

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Magnolid Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 28 Nov 2022 via Charge ID 100650177 with Others was fully satisfied on 23 Jan 2024.

  • Charges

    A charge registered on 12 Aug 2021 via Charge ID 100475116 with Others was fully satisfied on 18 Jan 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 16.50 M with Charge ID 100824832 was registered on 16 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 100650177 was registered on 28 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Magnolid Tech Private Limited?

    Magnolid Tech Private Limited was incorporated on 04 Jan 2019.

  • What is authorized share capital and paid-up capital of Magnolid Tech Private Limited?

    The authorized share capital of Magnolid Tech Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.40 M.

  • Who are the current board members & directors of Magnolid Tech Private Limited?

    Currently 3 directors are associated with Magnolid Tech Private Limited.

    • Pankaj Kumar Rajput
    • Mangesh Vithoba Karekar
    • Madhavi Mangesh Karekar
  • What is the registered address of Magnolid Tech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnolid Tech Private Limited is Unit No. 903 9Th Floor Fenkin-9 Plot C-5, India, Thane, Maharashtra, 400604.

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

    The corporate identification number (CIN) of Magnolid Tech Private Limited is U74999MH2019PTC319047 and the company number is 319047 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnolid Tech Private Limited?

    The Official website of Magnolid Tech Private Limited is https://www.magnolidtech.business.site

  • What has been the recent revenue trend for Magnolid Tech Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Magnolid Tech Private Limited has risen by 228.91%.

  • How many employees does Magnolid Tech Private Limited currently have?

    As Per 2022 financial reports, 13 employees are currently employed by Magnolid Tech Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Magnolid Tech Private Limited has experienced an upsurge of 293.18%.

  • What are the total open charges for Magnolid Tech Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Magnolid Tech Private Limited amount to ₹ 1.65 Cr.

  • When was the last Balance Sheet of Magnolid Tech Private Limited filed with the ROC?

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

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