Magnus Lubricants Private Limited

Manufacturer of lubricant products including concentrates, oils, cleaners, and rust inhibitors.

2015 | Pune, Maharashtra (India) | Active
Last Updated: July 06, 2024

Magnus Lubricants Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.90 Cr
  • Revenue Growth 46.86%
  • Profit Growth 35.31%
  • Ebitda 30.75%
  • Net Worth 38.78%
  • Total Assets 13.58%

About Magnus Lubricants

Magnus Lubricants Private Limited (MLPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 2015 (Nine years and three months 18 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Chemicals And Resources 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 2.00 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹2.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Lalita Bhat and Subramanya Bhat serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209PN2015PTC156915

  • Company No.

    156915

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Chemicals and Resources

What products or services does Magnus Lubricants Private Limited offer?

Magnus Lubricants Private Limited offers a wide range of products and services, including Rust & Corrosion Protection Products, Rust Preventives.

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

Board Members (2)

Name Designation Appointment Date Status
Subramanya Bhat Country flag representing In Director 16-Oct-2015 Current
Lalita Bhat Country flag representing In Director 16-Oct-2015 Current

Financial Performance of Magnus Lubricants.

Magnus Lubricants Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.86% increase. The company also saw a substantial improvement in profitability, with a 35.31% increase in profit. The company's net worth Soared by an impressive increase of 38.78%.

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
46.86%
Revenue from Operations
46.69%
Total Assets
13.58%
Profit or Loss
35.31%
Net Worth
38.78%
EBITDA
30.75%

What is the Ownership and Shareholding Structure of Magnus Lubricants?

In 2023, Magnus Lubricants had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹29.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.90 Cr

Latest Charge Details

Date Lender Amount Status
20 Mar 2017 Canara Bank ₹2.90 Cr Satisfied

How Many Employees Work at Magnus Lubricants?

Magnus Lubricants has a workforce of 14 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Magnus Lubricants Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magnus Lubricants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 20 Mar 2017 via Charge ID 100106976 with Canara Bank was fully satisfied on 26 Oct 2021.

    26 Oct 2021

  • Charges

    A charge with Canara Bank of Rs. 29.00 M registered on 20 Mar 2017 with Charge ID 100106976 was modified on 11 Jun 2018.

    11 Jun 2018

  • Charges

    A charge with Canara Bank amounted to Rs. 29.00 M with Charge ID 100106976 was registered on 20 Mar 2017.

    20 Mar 2017

  • Director Appointment

    Lalita Bhat was appointed as a Director was appointed as a Director on 16 Oct 2015 & has been associated with this company since 9 years 3 months .

    16 Oct 2015

Frequently asked questions

  • Magnus Lubricants Private Limited was incorporated on 16 Oct 2015.

  • The authorized share capital of Magnus Lubricants Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnus Lubricants Private Limited.

    • Lalita Bhat
    • Subramanya Bhat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnus Lubricants Private Limited is Plot No. Pap-W-5 Chakan Industrial Area Phase Ii Tal. Khed, Pune, Maharashtra, India, 410501.

  • The corporate identification number (CIN) of Magnus Lubricants Private Limited is U23209PN2015PTC156915 and the company number is 156915 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnus Lubricants Private Limited is https://www.magnuslubricants.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnus Lubricants Private Limited has risen by 46.86%.

  • As Per 2023 financial reports, 14 employees are currently employed by Magnus Lubricants Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnus Lubricants Private Limited has experienced an upsurge of 38.78%.

  • The most recent Balance Sheet for Magnus Lubricants Private Limited was filed with the ROC on 31 Mar 2023.