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Magnum Polymers Private Limited

Manufacturer of fishing nets and twines with advanced machines and ISO certification.
1979 | Khurda, Orissa (India) | Active

Last Updated:

December 16, 2024
HomeCompanyMagnum Polymers Private Limited

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

Board Members(4)

NameDesignationAppointment DateStatus
Ramesh Mahapatra In Director 12-Jan-1979Current
Geetarani Padhi In Director 16-Jan-1996Current
Chelari Padmarajan In Director 04-Mar-2008Current
Annada Malla In Director 11-Aug-2010Current

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹68.12 M

₹31.18 M

LenderAmountStatus

Bank Of India

Creation Date: 10 Jan 2024
₹2.00 CrOpen

Bank Of India

Creation Date: 21 Dec 2023
₹4.00 CrOpen

Industrial Promition And Investment Corpn Orissa Ltd

Creation Date: 16 Aug 1999
₹1.50 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.

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Latest Updates, News, and FAQs on Magnum Polymers

Recent activity within the organization

  • Charges

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

    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.

    21 Dec 2023

  • Annual General Meeting

    Magnum Polymers Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Magnum Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 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.

    29 Mar 2017

  • Director Appointment

    Annada Prasad Malla was appointed as a Director was appointed as a Director on 11 Aug 2010 & has been associated with this company since 14 years 4 months .

    11 Aug 2010

Frequently asked questions

  • Magnum Polymers Private Limited was incorporated on 12 Jan 1979.

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

  • Currently 4 directors are associated with Magnum Polymers Private Limited.

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

  • 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).

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Magnum Polymers Private Limited was filed with the ROC on 31 Mar 2023.

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