Magnum Silk Mills Comprehensive Company Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 03-07-2024
- Paid Up Capital ₹ 2.50 M
as on 03-07-2024
- Company Age 42 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 3.89 M
as on 03-07-2024
- Satisfied Charges ₹ 7.50 M
as on 03-07-2024
- Revenue -57.95%
(FY 2022)
- Profit -29.93%
(FY 2022)
- Ebitda -75.65%
(FY 2022)
- Net Worth 1.34%
(FY 2022)
- Total Assets 1.30%
(FY 2022)
About Magnum Silk Mills
The Company is engaged in the Finance And Insurance Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹3.89 M. The company has closed loans amounting to ₹7.50 M, as per Ministry of Corporate Affairs (MCA) records.
Parshotam Tulsiani, Geeta Tulsiani, and Kavin Tulsiani serve as directors at the Company.
- CIN/LLPIN
U17116MH1981PTC025870
- Company No.
025870
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Dec 1981
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Magnum Silk Mills?
Board Members(3)
Financial Performance and Corporate Structure Insights of Magnum Silk Mills.
Magnum Silk Mills Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 57.95% decrease. The company also saw a substantial fall in profitability, with a 29.93% decrease in profit. The company's net worth moved up by a moderate rise of 1.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnum Silk Mills?
In 2019, Magnum Silk Mills had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Kotak Mahindra Bank Limited Creation Date: 09 Feb 2009 | ₹2.39 M | Open |
Union Bank Of India Creation Date: 05 Sep 1989 | ₹1.50 M | Open |
Icici Bank Limited Creation Date: 11 Aug 2003 | ₹7.50 M | Satisfied |
How Many Employees Work at Magnum Silk Mills?
Magnum Silk Mills has a workforce of 8 employees as of Mar 21, 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.
Deals i
As of May 31, 2011, Magnum Silk Mills has raised a total of ₹ 0.12 M, with the most recent deal valued at ₹ 0.12 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
Rating
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
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.
