Magnum Hi-Tech Industries Private Limited

Telecom contractor specializing in laying OFC through HDD technology.

1992 | Kolkata, West Bengal (India) | Active
Last Updated:

Magnum Hi-Tech Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 33 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • 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 33 years. Its registered office is in Kolkata, 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 2024. 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

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109WB1992PTC055494

  • Company No.

    055494

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Telecom
Company report

Magnum Hi-Tech Industries Private Limited

Explore comprehensive data for Magnum Hi-Tech Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnum Hi-Tech Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Bajla Country flag representing In Director 02-Jan-2024Current
Manju Bajla Country flag representing In Director 20-May-1992Current
Anant Bajla Country flag representing In Director 01-Jul-2005Current

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%.

Magnum Hi-Tech Industries revenue growth over time
Magnum Hi-Tech Industries 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
-99.75%
Revenue from Operations
Total Assets
-14.51%
Profit or Loss
-627011.10%
Net Worth
-17.81%
EBITDA
-119.00%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.69 Cr

Satisfied Charges

₹6.49 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.39 Cr
  • Others : 2.30 Cr

Latest Charge Details

DateLenderAmountStatus
03 Sep 2019Others₹2.30 CrOpen
09 Sep 2006State Bank Of India₹3.39 CrOpen
25 Jul 2011Tata Capital Limited₹0.70 MSatisfied
02 Dec 2009State Bank Of India₹6.00 CrSatisfied
27 Jul 2005State Bank Of India₹4.20 MSatisfied

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.

Employee growth trends for Magnum Hi-Tech Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 Hi-Tech Industries

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Magnum Hi-Tech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Ashok Bajla was appointed as a Director was appointed as a Director on 02 Jan 2024 & has been associated with this company since 1 year 4 months .

  • Charges

    A charge with State Bank Of India of Rs. 3.39 Cr registered on 09 Sep 2006 with Charge ID 10030570 was modified on 15 Jun 2020.

  • Charges

    A charge registered on 02 Dec 2009 via Charge ID 10189709 with State Bank Of India was fully satisfied on 01 Oct 2019.

  • Charges

    A charge registered on 27 Jul 2005 via Charge ID 90250899 with State Bank Of India was fully satisfied on 01 Oct 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Magnum Hi-Tech Industries Private Limited?

    Magnum Hi-Tech Industries Private Limited was incorporated on 20 May 1992.

  • What is authorized share capital and paid-up capital of Magnum Hi-Tech Industries Private Limited?

    The authorized share capital of Magnum Hi-Tech Industries Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.04 Cr.

  • Who are the current board members & directors of Magnum Hi-Tech Industries Private Limited?

    Currently 3 directors are associated with Magnum Hi-Tech Industries Private Limited.

    • Ashok Bajla
    • Manju Bajla
    • Anant Bajla
  • What is the registered address of Magnum Hi-Tech Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Hi-Tech Industries Private Limited is 19 Ganesh Chandra Avenue India, Kol, West Bengal, 700013.

  • What is the corporate identification number (CIN) and company number of Magnum Hi-Tech Industries Private Limited?

    The corporate identification number (CIN) of Magnum Hi-Tech Industries Private Limited is U27109WB1992PTC055494 and the company number is 055494 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magnum Hi-Tech Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Hi-Tech Industries Private Limited has fallen by -99.75%.

  • How many employees does Magnum Hi-Tech Industries Private Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Magnum Hi-Tech Industries Private Limited.

  • What change has been observed in the net worth of Magnum Hi-Tech Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Hi-Tech Industries Private Limited has experienced an downturn of -17.81%.

  • What are the total open charges for Magnum Hi-Tech Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magnum Hi-Tech Industries Private Limited amount to ₹ 5.69 Cr.

  • When was the last Balance Sheet of Magnum Hi-Tech Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnum Hi-Tech Industries Private Limited was filed with the ROC on 31 Mar 2024.

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