Magnus Composites Synergies Private Limited

Specializes in fibreglass building materials and FRP sheet distribution.

2010 | Thane, Maharashtra (India) | Active
Last Updated: January 02, 2025

Magnus Composites Synergies Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 7.00 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.79 Cr
  • Revenue Growth 64.10%
  • Profit Growth -13.03%
  • Ebitda 300.80%
  • Net Worth 23.81%
  • Total Assets 11.42%

About Magnus Composites Synergies

Magnus Composites Synergies Private Limited (MCSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 2010 and has a history of 14 years and five months. Its registered office is in Thane, Maharashtra, India.

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 7.00 M and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹5.79 Cr.

Saumil Shah and Sushil Shah serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25206MH2010PTC206924

  • Company No.

    206924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Manufacturing

Who are the key members and board of directors at Magnus Composites Synergies?

Board Members (2)

Name Designation Appointment Date Status
Saumil Shah Country flag representing In Director 18-Oct-2011 Current
Sushil Shah Country flag representing In Director 24-Aug-2010 Current

Financial Performance of Magnus Composites Synergies.

Magnus Composites Synergies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.1% increase. The company also saw a substantial fall in profitability, with a 13.03% decrease in profit. The company's net worth Soared by an impressive increase of 23.81%.

Graph illustrating revenue growth over time
Graph showing 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
64.10%
Revenue from Operations
63.45%
Total Assets
11.42%
Profit or Loss
-13.03%
Net Worth
23.81%
EBITDA
300.80%

What is the Ownership and Shareholding Structure of Magnus Composites Synergies?

In 2020, Magnus Composites Synergies had a promoter holding of 90.71% and a public holding of 9.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.95 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.79 Cr

Latest Charge Details

Date Lender Amount Status
26 Aug 2020 Others ₹8.20 M Open
31 Mar 2015 Others ₹4.97 Cr Open

How Many Employees Work at Magnus Composites Synergies?

Unlock and access historical data on people associated with Magnus Composites Synergies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnus Composites Synergies, 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 Magnus Composites Synergies'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 Magnus Composites Synergies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Magnus Composites Synergies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 8.20 M with Charge ID 100362341 was registered on 26 Aug 2020.

    26 Aug 2020

  • Charges

    A charge with Others of Rs. 49.75 M registered on 31 Mar 2015 with Charge ID 10564514 was modified on 06 Nov 2019.

    06 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 49.75 M with Charge ID 10564514 was registered on 31 Mar 2015.

    31 Mar 2015

  • Director Appointment

    Saumil Sushil Shah was appointed as a Director was appointed as a Director on 18 Oct 2011 & has been associated with this company since 13 years 3 months .

    18 Oct 2011

Frequently asked questions

  • Magnus Composites Synergies Private Limited was incorporated on 24 Aug 2010.

  • The authorized share capital of Magnus Composites Synergies Private Limited is ₹ 7.00 M and paid-up capital is ₹ 7.00 M.

  • Currently 2 directors are associated with Magnus Composites Synergies Private Limited.

    • Saumil Sushil Shah
    • Sushil Chandrakant Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnus Composites Synergies Private Limited is H No 2143 Bldg A-5 Shanti Complex Nasik Highway, Sonale Village India, Thane, Maharashtra, 421302.

  • The corporate identification number (CIN) of Magnus Composites Synergies Private Limited is U25206MH2010PTC206924 and the company number is 206924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnus Composites Synergies Private Limited is https://www.magnuscomposites.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magnus Composites Synergies Private Limited has risen by 64.10%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magnus Composites Synergies Private Limited has experienced an upsurge of 23.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Magnus Composites Synergies Private Limited amount to ₹ 5.79 Cr.

  • The most recent Balance Sheet for Magnus Composites Synergies Private Limited was filed with the ROC on 31 Mar 2024.

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