Magnus Eco Concepts Private Limited logo

Magnus Eco Concepts Private Limited

Eco-friendly manufacturing of areca leaf products for global distribution.
2014 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanyMagnus Eco Concepts Private Limited

Who are the key members and board of directors at Magnus Eco Concepts?

Executive Team (1)

NameDesignationAppointment DateStatus
Chinnasamy Nandhakumar InManaging Director03-Apr-2014Current

Board Members(2)

NameDesignationAppointment DateStatus
Chinnasamy Kumar In Director 03-Apr-2014Current
Michael Brink De Director 01-Apr-2018Current

Financial Performance of Magnus Eco Concepts.

Magnus Eco Concepts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.07% increase. The company also saw a slight improvement in profitability, with a 0.05% increase in profit. The company's net worth moved up by a moderate rise of 5.54%.

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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
12.07%
Revenue from Operations
14.23%
Total Assets
8.04%
Profit or Loss
0.05%
Net Worth
5.54%
EBITDA
80.31%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹59.10 M

₹65.22 M

LenderAmountStatus

Others

Creation Date: 27 Oct 2023
₹5.91 CrOpen

Axis Bank Limited

Creation Date: 09 Dec 2019
₹4.61 CrSatisfied

Others

Creation Date: 29 Nov 2016
₹1.40 CrSatisfied

How Many Employees Work at Magnus Eco Concepts?

Magnus Eco Concepts has a workforce of 179 employees as of Mar 22, 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 Magnus Eco Concepts

Recent activity within the organization

  • Annual General Meeting

    Magnus Eco Concepts 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 Eco Concepts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 09 Dec 2019 via Charge ID 100312518 with Axis Bank Limited was fully satisfied on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 59.10 M with Charge ID 100819091 was registered on 27 Oct 2023.

    27 Oct 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 46.10 M registered on 09 Dec 2019 with Charge ID 100312518 was modified on 18 Feb 2022.

    18 Feb 2022

  • Charges

    A charge registered on 29 Nov 2016 via Charge ID 100102931 with Others was fully satisfied on 03 Mar 2020.

    03 Mar 2020

Frequently asked questions

  • Magnus Eco Concepts Private Limited was incorporated on 03 Apr 2014.

  • The authorized share capital of Magnus Eco Concepts Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Magnus Eco Concepts Private Limited.

    • Chinnasamy Nandhakumar
    • Chinnasamy Satheesh Kumar
    • Michael Brink
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnus Eco Concepts Private Limited is No.07 Periya Thottam Colony 2Nd Cross Veerakeralam Road, India, Coimbatore, Tamil Nadu, 641007.

  • The corporate identification number (CIN) of Magnus Eco Concepts Private Limited is U01110TZ2014PTC020432 and the company number is 020432 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnus Eco Concepts Private Limited is https://www.palmware.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnus Eco Concepts Private Limited has risen by 12.07%.

  • As Per 2023 financial reports, 179 employees are currently employed by Magnus Eco Concepts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnus Eco Concepts Private Limited has experienced an upsurge of 5.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnus Eco Concepts Private Limited amount to ₹ 5.91 Cr.

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

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