Magnum Hi-Tech Industries Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 06-07-2024
- Paid Up Capital ₹ 1.04 Cr
as on 06-07-2024
- Company Age 32 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.69 Cr
as on 06-07-2024
- Satisfied Charges ₹ 6.49 Cr
as on 06-07-2024
- Revenue -99.75%
(FY 2023)
- Profit -627011.10%
(FY 2023)
- Ebitda -119.00%
(FY 2023)
- Net Worth -17.81%
(FY 2023)
- Total Assets -14.51%
(FY 2023)
About Magnum Hi-Tech Industries
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.
- CIN/LLPIN
U27109WB1992PTC055494
- Company No.
055494
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kol, West Bengal, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Magnum Hi-Tech Industries?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Bajla  | Director | 10-Jan-2024 | Current |
| Manju Bajla | Director | 20-May-1992 | Current |
| Anant Bajla | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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)
Utkal Engineering Industries Pvt LtdActive 35 years 1 monthAshok Bajla and Anant Bajla are mutual person
- Cosmos Vinimay Private LimitedActive 20 years 2 months
Manju Bajla and Anant Bajla are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 03 Sep 2019 | ₹2.30 Cr | Open |
State Bank Of India Creation Date: 09 Sep 2006 | ₹3.39 Cr | Open |
Tata Capital Limited Creation Date: 25 Jul 2011 | ₹0.70 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
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.
