Magnum Forge And Machine Works Pvt.Ltd.

Magnum Forge And Machine Works Pvt.Ltd.

Forges oilfield equipment, founded in 1993, based in Pune, Maharashtra.
1993 | Pune, Maharashtra (India) | Active

Last Updated:

July 03, 2024
HomeCompanyMagnum Forge And Machine Works Pvt.Ltd.

Who are the key members and board of directors at Magnum Forge And Machine Works.Ltd.?

Board Members(5)

NameDesignationAppointment DateStatus
Shubhangi Musale Us Director 30-Sep-1997Current
Subhash Puranik Us Director 31-Mar-2002Current
Rekha Puranik In Director 12-May-1993Current
Revati Puranik In Director 12-May-1993Current
Sudhir Puranik Us Director 12-May-1993Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
88.97%
Revenue from Operations
73.43%
Total Assets
-4.30%
Profit or Loss
99.54%
Net Worth
-0.15%
EBITDA
30.63%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹26.50 Cr

₹6.00 Cr

LenderAmountStatus

Others

Creation Date: 02 Feb 2023
₹22.50 CrOpen

Bank Of India

Creation Date: 27 Sep 2005
₹4.00 CrOpen

Others

Creation Date: 17 Mar 2021
₹6.00 CrSatisfied

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.

Employee Graph

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Rating

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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.

    30 Sep 2023

  • Charges

    A charge registered on 17 Mar 2021 via Charge ID 100427876 with Others was fully satisfied on 02 Sep 2023.

    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.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 22.50 Cr with Charge ID 100687505 was registered on 02 Feb 2023.

    02 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100427876 was registered on 17 Mar 2021.

    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.

    27 Sep 2005

Frequently asked questions

  • Magnum Forge And Machine Works Pvt.Ltd. was incorporated on 12 May 1993.

  • The authorized share capital of Magnum Forge And Machine Works Pvt.Ltd. is ₹ 1.00 Cr and paid-up capital is ₹ 3.00 M.

  • 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
  • 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.

  • 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).

  • The Official website of Magnum Forge And Machine Works Pvt.Ltd. is https://www.womgroup.com

  • 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%.

  • As Per 2023 financial reports, 306 employees are currently employed by Magnum Forge And Machine Works Pvt.Ltd..

  • 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%.

  • 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.

  • 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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