Magnum Polymers Private Limited

Manufacturer of fishing nets and twines with advanced machines and ISO certification.

1979 | Khurda, Orissa (India) | Active
Last Updated:

Magnum Polymers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.94 M
  • Company Age 46 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.81 Cr
  • Satisfied Charges ₹ 3.12 Cr
  • Revenue Growth 12.62%
  • Profit Growth -80.15%
  • Ebitda -87.41%
  • Net Worth 4.34%
  • Total Assets 6.81%

About Magnum Polymers

Magnum Polymers Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 January 1979 and has a history of 46 years and three months. Its registered office is in Khurda, Orissa.

The Corporate was formerly known as Magnum Polymers Limited. The Company is engaged in the Machinery And Equipment 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 4.94 M.

The company currently has active open charges totaling ₹6.81 Cr. The company has closed loans amounting to ₹3.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Mahapatra, Geetarani Padhi, Chelari Padmarajan, and One other member serve as directors at the Company.

Company Details

  • Location Khurda, Orissa
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209OR1979PTC000801

  • Company No.

    000801

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Machinery and Equipment

What products or services does Magnum Polymers Private Limited offer?

Magnum Polymers Private Limited offers a wide range of products and services, including Bricks, Fly Ash Bricks.

Company report

Magnum Polymers Private Limited

Explore comprehensive data for Magnum Polymers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnum Polymers?

Board Members (4)

NameDesignationAppointment DateStatus
Ramesh Mahapatra Country flag representing In Director 12-Jan-1979Current
Geetarani Padhi Country flag representing In Director 16-Jan-1996Current
Chelari Padmarajan Country flag representing In Director 04-Mar-2008Current
Annada Malla Country flag representing In Director 01-Jan-2014Current

Financial Performance of Magnum Polymers.

Magnum Polymers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.62% increase. The company also saw a substantial fall in profitability, with a 80.15% decrease in profit. The company's net worth moved up by a moderate rise of 4.34%.

Magnum Polymers revenue growth over time
Magnum Polymers 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
12.62%
Revenue from Operations
13.35%
Total Assets
6.81%
Profit or Loss
-80.15%
Net Worth
4.34%
EBITDA
-87.41%

What is the Ownership and Shareholding Structure of Magnum Polymers?

In 2022, Magnum Polymers had a public holding of 16.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.12 M

Satisfied Charges

₹31.18 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 6.00 Cr
  • State Bank Of India : 0.31 Cr
  • Industrial Promolion & Investment Corpn Of Orissa Ltd : 0.22 Cr
  • Industrial Promition And Investment Corpn Orissa Ltd : 0.15 Cr
  • Industrial Promition & Investment Corporation Of Orissa Ltd : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2024Bank Of India₹2.00 CrOpen
21 Dec 2023Bank Of India₹4.00 CrOpen
16 Aug 1999Industrial Promition And Investment Corpn Orissa Ltd₹1.50 MOpen
24 Jun 1998Industrial Promolion & Investment Corpn Of Orissa Ltd₹1.50 MOpen
11 Dec 1995State Bank Of India₹1.00 MOpen

How Many Employees Work at Magnum Polymers?

Magnum Polymers has a workforce of 30 employees as of Apr 02, 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 Polymers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnum Polymers, 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 Polymers'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 Polymers

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Magnum Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Charges

    A charge with Bank Of India amounted to Rs. 20.00 M with Charge ID 100858179 was registered on 10 Jan 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 40.00 M with Charge ID 100854498 was registered on 21 Dec 2023.

  • Charges

    A charge registered on 25 Oct 1989 via Charge ID 90080714 with State Bank Of India was fully satisfied on 29 Mar 2017.

  • Director Appointment

    Annada Prasad Malla was appointed as a Director was appointed as a Director on 01 Jan 2014 & has been associated with this company since 11 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Magnum Polymers Private Limited?

    Magnum Polymers Private Limited was incorporated on 12 Jan 1979.

  • What is authorized share capital and paid-up capital of Magnum Polymers Private Limited?

    The authorized share capital of Magnum Polymers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.94 M.

  • Who are the current board members & directors of Magnum Polymers Private Limited?

    Currently 4 directors are associated with Magnum Polymers Private Limited.

    • Ramesh Mahapatra
    • Geetarani Padhi
    • Chelari Valiyapurayil Padmarajan
    • Annada Prasad Malla

  • What is the registered address of Magnum Polymers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Polymers Private Limited is 132 A Sector Zone Amancheswar Industrial Estate Bhubaneswar 10 India, Khurda, Orissa.

  • What is the corporate identification number (CIN) and company number of Magnum Polymers Private Limited?

    The corporate identification number (CIN) of Magnum Polymers Private Limited is U25209OR1979PTC000801 and the company number is 000801 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnum Polymers Private Limited?

    The Official website of Magnum Polymers Private Limited is https://www.magnum-india.com

  • What has been the recent revenue trend for Magnum Polymers Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Magnum Polymers Private Limited has risen by 12.62%.

  • How many employees does Magnum Polymers Private Limited currently have?

    As Per 2022 financial reports, 30 employees are currently employed by Magnum Polymers Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Magnum Polymers Private Limited has experienced an upsurge of 4.34%.

  • What are the total open charges for Magnum Polymers Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Magnum Polymers Private Limited amount to ₹ 6.81 Cr.

  • When was the last Balance Sheet of Magnum Polymers Private Limited filed with the ROC?

    The most recent Balance Sheet for Magnum Polymers Private Limited was filed with the ROC on 31 Mar 2024.

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