Magnus Projects Private Limited

Civil infra development, flat sales, and contract services since 2016 in Andhra Pradesh.

2016 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: July 17, 2024

Magnus Projects Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 M
  • Revenue Growth 521.15%
  • Profit Growth 302.53%
  • Ebitda 216.74%
  • Net Worth 25.97%
  • Total Assets 74.82%

About Magnus Projects

Magnus Projects Private Limited (MPPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 08 September 2016 (Eight years and four months 25 days old ). Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Mkg Infra Projects India Private Limited. The Company is engaged in the Infrastructure And Utilities 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 1.50 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹3.00 M.

Mahanty Kumar, Mahanthi Radhika, Ravi Jetti, and One other member serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200AP2016PTC104047

  • Company No.

    104047

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Sep 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Infrastructure and Utilities

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

Board Members (4)

Name Designation Appointment Date Status
Mahanty Kumar Country flag representing In Director 08-Sep-2016 Current
Mahanthi Radhika Country flag representing In Director 08-Sep-2016 Current
Ravi Jetti Country flag representing In Director 16-Jan-2018 Current
Satya Rokkam Country flag representing In Director 20-Jun-2023 Current

Financial Performance of Magnus Projects.

Magnus Projects Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 521.15% increase. The company also saw a substantial improvement in profitability, with a 302.53% increase in profit. The company's net worth Soared by an impressive increase of 25.97%.

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
521.15%
Revenue from Operations
514.01%
Total Assets
74.82%
Profit or Loss
302.53%
Net Worth
25.97%
EBITDA
216.74%

What is the Ownership and Shareholding Structure of Magnus Projects?

In 2023, Magnus Projects 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

₹0.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
10 Jan 2019 Others ₹3.00 M Open

How Many Employees Work at Magnus Projects?

Magnus Projects has a workforce of 61 employees as of Apr 02, 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 Projects, 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 Projects'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 Projects

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Satya Sri Kumar Rokkam was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 7 months .

    20 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100234344 was registered on 10 Jan 2019.

    10 Jan 2019

  • Director Appointment

    Ravi Prakash Jetti was appointed as a Director was appointed as a Director on 16 Jan 2018 & has been associated with this company since 7 years 16 days .

    16 Jan 2018

  • Director Appointment

    Mahanthi Radhika was appointed as a Director was appointed as a Director on 08 Sep 2016 & has been associated with this company since 8 years 4 months .

    08 Sep 2016

Frequently asked questions

  • Magnus Projects Private Limited was incorporated on 08 Sep 2016.

  • The authorized share capital of Magnus Projects Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 4 directors are associated with Magnus Projects Private Limited.

    • Mahanty Surendra Kumar
    • Mahanthi Radhika
    • Ravi Prakash Jetti
    • Satya Sri Kumar Rokkam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnus Projects Private Limited is Sri Sai Paradise #48-16-7/20 Flat No: 202 Srinagar Asilmetta, Visakhapatnam, Andhra Pradesh, India, 530003.

  • The corporate identification number (CIN) of Magnus Projects Private Limited is U45200AP2016PTC104047 and the company number is 104047 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnus Projects Private Limited has risen by 521.15%.

  • As Per 2023 financial reports, 61 employees are currently employed by Magnus Projects Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnus Projects Private Limited has experienced an upsurge of 25.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnus Projects Private Limited amount to ₹ 3.00 M.

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