Magnum Hi-Tech Industries Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.04 Cr
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.69 Cr
- Satisfied Charges ₹ 6.49 Cr
- Revenue Growth -99.75%
- Profit Growth -627011.10%
- Ebitda -119.00%
- Net Worth -17.81%
- Total Assets -14.51%
About Magnum Hi-Tech Industries
Magnum Hi-Tech Industries Private Limited (MHIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 May 1992 and has a history of 32 years and eight months. Its registered office is in Kol, West Bengal, India.
The Corporate was formerly known as Magnum Cables Pvt. Ltd.. The Company is engaged in the Telecom 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 1.50 Cr and a paid-up capital of Rs 1.04 Cr.
The company currently has active open charges totaling ₹5.69 Cr. The company has closed loans amounting to ₹6.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Bajla, Manju Bajla, and Anant Bajla serve as directors at the Company.
Company Details
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Location
Kol, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27109WB1992PTC055494
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Company No.
055494
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 May 1992
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Magnum Hi-Tech Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Bajla
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Director | 10-Jan-2024 | Current |
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Manju Bajla
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Director | 20-May-1992 | Current |
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Anant Bajla
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Director | 01-Jul-2005 | Current |
Financial Performance of Magnum Hi-Tech Industries.
Magnum Hi-Tech Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.75% decrease. The company also saw a substantial fall in profitability, with a 627011.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.81%.
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What is the Ownership and Shareholding Structure of Magnum Hi-Tech Industries?
In 2022, Magnum Hi-Tech Industries had a promoter holding of 90.77% and a public holding of 9.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Utkal Engineering Industries Pvt LtdAshok Bajla and Anant Bajla are mutual person
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Ashok Bajla and Anant Bajla are mutual person
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Infinia Fashion Llp
Ashok Bajla and Manju Bajla are mutual person
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Infinia Food & Beverages Llp
Manju Bajla and Anant Bajla are mutual person
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Cosmos Appliances Pvt Ltd
Manju Bajla and Anant Bajla are mutual person
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Cosmos Vinimay Private Limited
Manju Bajla and Anant Bajla are mutual person
Charges (Loans)
₹5.69 Cr
₹6.49 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 3.39 Cr
- Others : 2.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2019 | Others | ₹2.30 Cr | Open |
| 09 Sep 2006 | State Bank Of India | ₹3.39 Cr | Open |
| 25 Jul 2011 | Tata Capital Limited | ₹0.70 M | Satisfied |
| 02 Dec 2009 | State Bank Of India | ₹6.00 Cr | Satisfied |
| 27 Jul 2005 | State Bank Of India | ₹4.20 M | Satisfied |
How Many Employees Work at Magnum Hi-Tech Industries?
Magnum Hi-Tech Industries has a workforce of 1 employees as of Apr 04, 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 Hi-Tech Industries, 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 Hi-Tech Industries'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
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