Magnum Lubricants (India) Private Limited

Produces and sells lubricants for vehicles and industries since 1995.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Magnum Lubricants (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.85 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth 29.60%
  • Profit Growth 36.42%
  • Ebitda 35.73%
  • Net Worth 24.32%
  • Total Assets 7.14%

About Magnum Lubricants (India)

Magnum Lubricants (India) Private Limited (MLIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 1995 and has a history of 29 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Rainbow Coaters And Printers Private Limited. The Company is engaged in the Chemicals And Materials 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 2.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹20.85 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tejendersingh Anand and Manpreetsingh Kohli serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209MH1995PTC091772

  • Company No.

    091772

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Magnum Lubricants (India)?

Board Members (2)

Name Designation Appointment Date Status
Tejendersingh Anand Country flag representing In Director 28-Sep-2010 Current
Manpreetsingh Kohli Country flag representing In Director 03-Nov-2018 Current

Financial Performance of Magnum Lubricants (India).

Magnum Lubricants (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.6% increase. The company also saw a substantial improvement in profitability, with a 36.42% increase in profit. The company's net worth Soared by an impressive increase of 24.32%.

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
29.60%
Revenue from Operations
30.22%
Total Assets
7.14%
Profit or Loss
36.42%
Net Worth
24.32%
EBITDA
35.73%

What is the Ownership and Shareholding Structure of Magnum Lubricants (India)?

In 2023, Magnum Lubricants (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.85 Cr

Satisfied Charges

₹1.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.74 Cr
  • Syndicate Bank : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
23 Apr 2024 Others ₹2.84 Cr Open
26 Apr 2019 Syndicate Bank ₹1.15 M Open
16 Feb 2018 Others ₹14.90 Cr Open
09 Jan 2012 Others ₹3.00 Cr Open
31 May 2004 Mandvi Coop Bank Ltd ₹8.00 M Satisfied

How Many Employees Work at Magnum Lubricants (India)?

Magnum Lubricants (India) has a workforce of 18 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnum Lubricants (India), 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 Lubricants (India)'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 Lubricants (India)

Recent activity within the organization

  • Annual General Meeting

    Magnum Lubricants (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 2.84 Cr with Charge ID 100923733 was registered on 23 Apr 2024.

    23 Apr 2024

  • Balance Sheet

    Magnum Lubricants (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Syndicate Bank amounted to Rs. 0.12 Cr with Charge ID 100264797 was registered on 26 Apr 2019.

    26 Apr 2019

  • Director Appointment

    Manpreetsingh Harcharansingh Kohli was appointed as a Director was appointed as a Director on 03 Nov 2018 & has been associated with this company since 6 years 3 months .

    03 Nov 2018

  • Charges

    A charge with Others amounted to Rs. 14.90 Cr with Charge ID 100174649 was registered on 16 Feb 2018.

    16 Feb 2018

Frequently asked questions

  • Magnum Lubricants (India) Private Limited was incorporated on 14 Aug 1995.

  • The authorized share capital of Magnum Lubricants (India) Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Magnum Lubricants (India) Private Limited.

    • Tejendersingh Shamshersingh Anand
    • Manpreetsingh Harcharansingh Kohli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Lubricants (India) Private Limited is 6-B/1, Corporate Avenue Near Paper Box Off Mahakali Caves Rd Andheri East India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Magnum Lubricants (India) Private Limited is U23209MH1995PTC091772 and the company number is 091772 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnum Lubricants (India) Private Limited is https://www.drivol.de

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Lubricants (India) Private Limited has risen by 29.60%.

  • As Per 2023 financial reports, 18 employees are currently employed by Magnum Lubricants (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Lubricants (India) Private Limited has experienced an upsurge of 24.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnum Lubricants (India) Private Limited amount to ₹ 20.85 Cr.

  • The most recent Balance Sheet for Magnum Lubricants (India) Private Limited was filed with the ROC on 31 Mar 2024.

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