Magnum Iron And Steel Private Limited

Manufactures steel ingots and items since 1991 in New Delhi.

1991 | Delhi (India) | Active
Last Updated: December 30, 2024

Magnum Iron And Steel Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.83 M
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.77 Cr
  • Revenue Growth -99.57%
  • Profit Growth 37.03%
  • Ebitda 38.87%
  • Net Worth -58.86%
  • Total Assets -36.42%

About Magnum Iron And Steel

Magnum Iron And Steel Private Limited (MIASPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 August 1991 and has a history of 33 years and six months. Its registered office is in Delhi, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 4.83 M.

The company has closed loans amounting to ₹9.77 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nishtha Jindal and Shashi Jindal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magnumsteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PTC045474

  • Company No.

    045474

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

Who are the key members and board of directors at Magnum Iron And Steel?

Board Members (2)

NameDesignationAppointment DateStatus
Nishtha Jindal Country flag representing In Director 23-Jan-2021Current
Shashi Jindal Country flag representing In Director 23-Jan-2021Current

Financial Performance of Magnum Iron And Steel.

Magnum Iron And Steel Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 99.57% decrease. The company also saw a substantial improvement in profitability, with a 37.03% increase in profit. The company's net worth observed a substantial decline by a decrease of 58.86%.

Graph illustrating revenue growth over time
Graph showing 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
-99.57%
Revenue from Operations
Total Assets
-36.42%
Profit or Loss
37.03%
Net Worth
-58.86%
EBITDA
38.87%

What is the Ownership and Shareholding Structure of Magnum Iron And Steel?

In 2019, Magnum Iron And Steel had a promoter holding of 95.92% and a public holding of 4.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹97.70 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.32 Cr
  • Oriental Bank Of Commerce : 3.45 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2015State Bank Of India₹1.72 CrSatisfied
25 Jan 2010State Bank Of India₹4.00 MSatisfied
24 Jan 2006State Bank Of India₹4.00 CrSatisfied
14 Feb 2002State Bank Of India₹2.00 MSatisfied
21 Oct 1994Oriental Bank Of Commerce₹2.80 MSatisfied

How Many Employees Work at Magnum Iron And Steel?

Unlock and access historical data on people associated with Magnum Iron And Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnum Iron And Steel, 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 Iron And Steel'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 Iron And Steel

Recent activity within the organization

  • Annual General Meeting

    Magnum Iron And Steel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnum Iron And Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 14 Feb 2002 via Charge ID 90062452 with State Bank Of India was fully satisfied on 03 Nov 2021.

    03 Nov 2021

  • Charges

    A charge registered on 26 Nov 2015 via Charge ID 10614028 with State Bank Of India was fully satisfied on 13 Oct 2021.

    13 Oct 2021

  • Charges

    A charge registered on 25 Jan 2010 via Charge ID 10202104 with State Bank Of India was fully satisfied on 13 Oct 2021.

    13 Oct 2021

  • Charges

    A charge registered on 24 Jan 2006 via Charge ID 10000115 with State Bank Of India was fully satisfied on 13 Oct 2021.

    13 Oct 2021

Frequently asked questions

  • Magnum Iron And Steel Private Limited was incorporated on 26 Aug 1991.

  • The authorized share capital of Magnum Iron And Steel Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.83 M.

  • Currently 2 directors are associated with Magnum Iron And Steel Private Limited.

    • Nishtha Jindal
    • Shashi Prabha Jindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Iron And Steel Private Limited is Essel House, 10 Asaf Ali Road India, New Delhi, 110002.

  • The corporate identification number (CIN) of Magnum Iron And Steel Private Limited is U74899DL1991PTC045474 and the company number is 045474 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnum Iron And Steel Private Limited is https://www.magnumsteels.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Magnum Iron And Steel Private Limited has fallen by -99.57%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Magnum Iron And Steel Private Limited has experienced an downturn of -58.86%.

  • The most recent Balance Sheet for Magnum Iron And Steel Private Limited was filed with the ROC on 31 Mar 2024.

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