Magnum Fibres Private Limited

Manufactures ropes, twines, and HDPE pipes for irrigation, water supply, and electrical cable protection.

1990 | Khorda, Odisha (India) | Active
Last Updated: December 28, 2024

Magnum Fibres Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 8.04 M
  • Company Age 34 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.40 Cr
  • Satisfied Charges ₹ 5.86 Cr
  • Revenue Growth 10.73%
  • Profit Growth 518.82%
  • Ebitda -326.01%
  • Net Worth 3.16%
  • Total Assets 18.27%

About Magnum Fibres

Magnum Fibres Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 1990 and has a history of 34 years and six months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Magnum Fibre Private Limited. The Company is engaged in the Manufacturing 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 1.75 Cr and a paid-up capital of Rs 8.04 M.

The company currently has active open charges totaling ₹4.40 Cr. The company has closed loans amounting to ₹5.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Mahapatra, Annada Malla, and Geetarani Padhi serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magnum-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209OR1990PTC002580

  • Company No.

    002580

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Manufacturing

What products or services does Magnum Fibres Private Limited offer?

Magnum Fibres Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Agricultural Pipes, Camping, Fishing & Hunting Goods, Fishing Nets, PVC, CPVC, HDPE Water Pipe Fittings, PE Pipe Fitting, Electrical Conduits and Fittings, Conduit Pipes, Engineering and Shipping Ropes, Twine.

Who are the key members and board of directors at Magnum Fibres?

Board Members (3)

NameDesignationAppointment DateStatus
Ramesh Mahapatra Country flag representing In Director 07-Aug-1990Current
Annada Malla Country flag representing In Director 05-Mar-2008Current
Geetarani Padhi Country flag representing In Director 14-Sep-1993Current

Financial Performance of Magnum Fibres.

Magnum Fibres Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.73% increase. The company also saw a substantial improvement in profitability, with a 518.82% increase in profit. The company's net worth moved up by a moderate rise of 3.16%.

Graph illustrating revenue growth over time
Graph showing 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
10.73%
Revenue from Operations
9.76%
Total Assets
18.27%
Profit or Loss
518.82%
Net Worth
3.16%
EBITDA
-326.01%

What is the Ownership and Shareholding Structure of Magnum Fibres?

In 2023, Magnum Fibres had a public holding of 4.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.40 Cr

Satisfied Charges

₹5.86 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 4.00 Cr
  • Industrial Promotionand Investment Corporation Of Orissa Ltd : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2023Bank Of India₹4.00 CrOpen
22 Aug 1991Industrial Promotionand Investment Corporation Of Orissa Ltd₹4.00 MOpen
30 Apr 2021Others₹1.05 CrSatisfied
01 Feb 1994State Bank Of India₹2.15 CrSatisfied
01 Feb 1994State Bank Of India₹1.75 CrSatisfied

How Many Employees Work at Magnum Fibres?

Unlock and access historical data on people associated with Magnum Fibres, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnum Fibres, 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 Magnum Fibres'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 Magnum Fibres

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 01 Feb 1994 via Charge ID 80014306 with State Bank Of India was fully satisfied on 04 Apr 2024.

    04 Apr 2024

  • Balance Sheet

    Magnum Fibres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100854494 was registered on 21 Dec 2023.

    21 Dec 2023

  • Charges

    A charge registered on 30 Apr 2021 via Charge ID 100442901 with Others was fully satisfied on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge registered on 01 Feb 1994 via Charge ID 80014310 with State Bank Of India was fully satisfied on 28 Feb 2022.

    28 Feb 2022

Frequently asked questions

  • Magnum Fibres Private Limited was incorporated on 07 Aug 1990.

  • The authorized share capital of Magnum Fibres Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 8.04 M.

  • Currently 3 directors are associated with Magnum Fibres Private Limited.

    • Ramesh Mahapatra
    • Annada Prasad Malla
    • Geetarani Padhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Fibres Private Limited is 132 A Sectot/Zone A, Mancheswar Indl Est India, Bhubaneswar, Orissa, 751010.

  • The corporate identification number (CIN) of Magnum Fibres Private Limited is U25209OR1990PTC002580 and the company number is 002580 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnum Fibres Private Limited is https://www.magnum-india.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Fibres Private Limited has risen by 10.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Fibres Private Limited has experienced an upsurge of 3.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnum Fibres Private Limited amount to ₹ 4.40 Cr.

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

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