Magnum Forge And Machine Works.Ltd. Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.00 M
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.50 Cr
- Satisfied Charges ₹ 6.00 Cr
- Revenue Growth 88.97%
- Profit Growth 99.54%
- Ebitda 30.63%
- Net Worth -0.15%
- Total Assets -4.30%
About Magnum Forge And Machine Works.Ltd.
Magnum Forge And Machine Works Pvt.Ltd. (MFAMWP) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 1993 and has a history of 31 years and ten months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹26.50 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Subhash Puranik, Shubhangi Musale, Rekha Puranik, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27101PN1993PTC071950
- Company No.
071950
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 May 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Engineering
What products or services does Magnum Forge And Machine Works Pvt.Ltd. offer?
Magnum Forge And Machine Works Pvt.Ltd. offers a wide range of products and services, including Drilling & Boring Equipment, Industrial Drilling Machine, Industrial Valves & Valve Fittings, Shut-Off Valves, Electrical Panels & Distribution Box, Electric Control Panel.
Magnum Forge And Machine Works Pvt.Ltd.
Explore comprehensive data for Magnum Forge And Machine Works Pvt.Ltd., including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnum Forge And Machine Works.Ltd.?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shubhangi Musale  | Director | 30-Sep-1997 | Current |
| Subhash Puranik | Director | 31-Mar-2002 | Current |
Rekha Puranik  | Director | 12-May-1993 | Current |
| Revati Puranik | Director | 12-May-1993 | Current |
| Sudhir Puranik | Director | 12-May-1993 | Current |
Financial Performance of Magnum Forge And Machine Works.Ltd..
Magnum Forge And Machine Works Pvt.Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 88.97% increase. The company also saw a substantial improvement in profitability, with a 99.54% increase in profit. The company's net worth dipped by a decrease of 0.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnum Forge And Machine Works.Ltd.?
In 2022, Magnum Forge And Machine Works.Ltd. had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Worldwide Oilfield Machine Pvt LtdShubhangi Musale, Rekha Puranik and 2 more are mutual person
Wms Technologies Private LimitedSubhash Puranik is a mutual person
- W.O.M. Technical Services Llp
Shubhangi Musale, Rekha Puranik and 1 more are mutual person
- Worldwide Oilfield Machine (India) Llp
Rekha Puranik, Revati Puranik and 1 more are mutual person
- Rekha & Sudhir Puranik Foundation
Rekha Puranik, Revati Puranik and 1 more are mutual person
Charges (Loans)
Open Charges
₹26.50 Cr
Satisfied Charges
₹6.00 Cr
Charges Breakdown by Lending Institutions
- Others : 22.50 Cr
- Bank Of India : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2023 | Others | ₹22.50 Cr | Open |
| 27 Sep 2005 | Bank Of India | ₹4.00 Cr | Open |
| 17 Mar 2021 | Others | ₹6.00 Cr | Satisfied |
How Many Employees Work at Magnum Forge And Machine Works.Ltd.?
Magnum Forge And Machine Works.Ltd. has a workforce of 306 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnum Forge And Machine Works.Ltd., 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 Forge And Machine Works.Ltd.'s trajectory.
Rating
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
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 Forge And Machine Works.Ltd.
Recent activity within the organization
- Annual General Meeting
Magnum Forge And Machine Works Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 17 Mar 2021 via Charge ID 100427876 with Others was fully satisfied on 02 Sep 2023.
- Balance Sheet
Magnum Forge And Machine Works Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Charges
A charge with Others amounted to Rs. 22.50 Cr with Charge ID 100687505 was registered on 02 Feb 2023.
- Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100427876 was registered on 17 Mar 2021.
- Charges
A charge with Bank Of India amounted to Rs. 4.00 Cr with Charge ID 90087448 was registered on 27 Sep 2005.
Frequently asked questions
What is the Incorporation or founding date of Magnum Forge And Machine Works Pvt.Ltd.?
Magnum Forge And Machine Works Pvt.Ltd. was incorporated on 12 May 1993.
What is authorized share capital and paid-up capital of Magnum Forge And Machine Works Pvt.Ltd.?
The authorized share capital of Magnum Forge And Machine Works Pvt.Ltd. is ₹ 1.00 Cr and paid-up capital is ₹ 3.00 M.
Who are the current board members & directors of Magnum Forge And Machine Works Pvt.Ltd.?
Currently 5 directors are associated with Magnum Forge And Machine Works Pvt.Ltd..
- Subhash Shrivallabh Puranik
- Shubhangi Neelesh Musale
- Rekha Sudhir Puranik
- Revati Sudhir Puranik
- Sudhir Shrivallabh Puranik
What is the registered address of Magnum Forge And Machine Works Pvt.Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Forge And Machine Works Pvt.Ltd. is Nirant VasahatRow House No. B-6 S No. 686/3 Bibwewadi, Pune, Maharashtra, India, 411037.
What is the corporate identification number (CIN) and company number of Magnum Forge And Machine Works Pvt.Ltd.?
The corporate identification number (CIN) of Magnum Forge And Machine Works Pvt.Ltd. is U27101PN1993PTC071950 and the company number is 071950 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magnum Forge And Machine Works Pvt.Ltd.?
The Official website of Magnum Forge And Machine Works Pvt.Ltd. is https://www.womgroup.com
What has been the recent revenue trend for Magnum Forge And Machine Works Pvt.Ltd.?
According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Forge And Machine Works Pvt.Ltd. has risen by 88.97%.
How many employees does Magnum Forge And Machine Works Pvt.Ltd. currently have?
As Per 2023 financial reports, 306 employees are currently employed by Magnum Forge And Machine Works Pvt.Ltd..
What change has been observed in the net worth of Magnum Forge And Machine Works Pvt.Ltd., and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Forge And Machine Works Pvt.Ltd. has experienced an downturn of -0.15%.
What are the total open charges for Magnum Forge And Machine Works Pvt.Ltd.?
As per the financial statements for fiscal Year 2023, The total open charges for Magnum Forge And Machine Works Pvt.Ltd. amount to ₹ 26.50 Cr.
When was the last Balance Sheet of Magnum Forge And Machine Works Pvt.Ltd. filed with the ROC?
The most recent Balance Sheet for Magnum Forge And Machine Works Pvt.Ltd. was filed with the ROC on 31 Mar 2023.
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