Magnum Steels Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.45 Cr
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 38.62 Cr
- Revenue Growth 5350.12%
- Profit Growth -560.03%
- Ebitda -423.49%
- Net Worth -6.28%
- Total Assets -4.03%
About Magnum Steels
Magnum Steels Limited (MSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1991 and has a history of 34 years and one month. Its registered office is in New Delhi, Delhi, India.
The Corporate was formerly known as Magnum Steels Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.45 Cr.
The company has closed loans amounting to ₹38.62 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Amar Rathor, Chander Yadav, Nishtha Jindal, and Two other members serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27109DL1991PLC042681
- Company No.
042681
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Jan 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Magnum Steels Limited offer?
Magnum Steels Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Steel Bars, Oil Mill & Oil Extraction Machinery, Oil Mill Machinery, Minerals and Ores, Iron Ore, Steel & Stainless Steel Products, Industrial Steel, Die Casting & Investment Castings, Metal Castings.
Who are the key members and board of directors at Magnum Steels?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nishtha Jindal  | Director | 14-May-2022 | Current |
| Amar Rathor | Director | 26-Jun-2020 | Current |
| Chander Yadav | Director | 17-Jun-2020 | Current |
| Ishwar Jindal | Director | 14-May-2022 | Current |
| Shashi Jindal | Director | 17-Jun-2020 | Current |
Financial Performance of Magnum Steels.
Magnum Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 5350.12% increase. The company also saw a substantial fall in profitability, with a 560.03% decrease in profit. The company's net worth dipped by a decrease of 6.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Magnum Steels?
In 2023, Magnum Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magnum Steel And Power LimitedAmar Rathor, Chander Yadav and 2 more are mutual person
- Magnum Power And Infrastructure Private Limited
Nishtha Jindal, Ishwar Jindal and 1 more are mutual person
- Triple S Stock And Shares Private Limited
Nishtha Jindal, Ishwar Jindal and 1 more are mutual person
- B.R.Associates Private Limited
Nishtha Jindal, Ishwar Jindal and 1 more are mutual person
- I.R.S. Industries Private Limited
Nishtha Jindal and Shashi Jindal are mutual person
- Deluxe Alloys Private Limited
Nishtha Jindal and Shashi Jindal are mutual person
Charges (Loans)
₹0
₹38.62 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 38.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2010 | State Bank Of India | ₹14.80 Cr | Satisfied |
| 25 Jan 2010 | State Bank Of India | ₹1.30 Cr | Satisfied |
| 11 Oct 2007 | State Bank Of India | ₹9.45 Cr | Satisfied |
| 03 Mar 2005 | State Bank Of India | ₹12.50 Cr | Satisfied |
| 29 Mar 1996 | State Bank Of India | ₹0.70 M | Satisfied |
How Many Employees Work at Magnum Steels?
Magnum Steels has a workforce of 67 employees as of Apr 08, 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
Gain comprehensive insights into the Deals and Valuation data of Magnum Steels, 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 Steels's trajectory.
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.
