Magnum Steels Limited logo

Magnum Steels Limited

Manufacturer of DRI sponge iron and steel products for construction, automobile, and engineering industries.
1991 | New Delhi, Delhi (India) | Active

Last Updated:

June 27, 2024
HomeCompanyMagnum Steels Limited

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

Board Members(5)

NameDesignationAppointment DateStatus
Nishtha Jindal In Director 14-May-2022Current
Amar Rathor In Director 26-Jun-2020Current
Chander Yadav In Director 17-Jun-2020Current
Ishwar Jindal In Director 14-May-2022Current
Shashi Jindal In Director 17-Jun-2020Current

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%.

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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
5350.12%
Revenue from Operations
Total Assets
-4.03%
Profit or Loss
-560.03%
Net Worth
-6.28%
EBITDA
-423.49%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹38.62 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 01 Nov 2010
₹14.80 CrSatisfied

State Bank Of India

Creation Date: 25 Jan 2010
₹1.30 CrSatisfied

State Bank Of India

Creation Date: 11 Oct 2007
₹9.45 CrSatisfied

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.

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Latest Updates, News, and FAQs on Magnum Steels

Recent activity within the organization

  • Annual General Meeting

    Magnum Steels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magnum Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Nishtha Jindal was appointed as a Director was appointed as a Director on 14 May 2022 & has been associated with this company since 2 years 7 months .

    14 May 2022

  • Director Appointment

    Ishwar Chand Jindal was appointed as a Director was appointed as a Director on 14 May 2022 & has been associated with this company since 2 years 7 months .

    14 May 2022

  • Charges

    A charge registered on 01 Nov 2010 via Charge ID 10251456 with State Bank Of India was fully satisfied on 28 Jul 2021.

    28 Jul 2021

  • Charges

    A charge registered on 11 Oct 2007 via Charge ID 10076580 with State Bank Of India was fully satisfied on 28 Jul 2021.

    28 Jul 2021

Frequently asked questions

  • Magnum Steels Limited was incorporated on 10 Jan 1991.

  • The authorized share capital of Magnum Steels Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.45 Cr.

  • Currently 5 directors are associated with Magnum Steels Limited.

    • Amar Singh Rathor
    • Chander Sain Yadav
    • Nishtha Jindal
    • Ishwar Chand Jindal
    • Shashi Prabha Jindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Steels Limited is Essel House A10 Asafali Road, New Delhi, India, 110002.

  • The corporate identification number (CIN) of Magnum Steels Limited is U27109DL1991PLC042681 and the company number is 042681 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnum Steels Limited is https://www.magnumsteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Steels Limited has risen by 5350.12%.

  • As Per 2023 financial reports, 67 employees are currently employed by Magnum Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Steels Limited has experienced an downturn of -6.28%.

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

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