Magnus Projects Private Limited
Civil infra development, flat sales, and contract services since 2016 in Andhra Pradesh.
2016 | Visakhapatnam, Andhra Pradesh (India) | Active
Magnus Projects Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 8 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.80 Cr
- Satisfied 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 seven months 18 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 ₹1.80 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.
Ravi Jetti, Mahanty Kumar, Satya Rokkam, 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
Magnus Projects Private Limited
Explore comprehensive data for Magnus Projects Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnus Projects?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Jetti  | Director | 16-Jan-2018 | Current |
| Mahanty Kumar | Director | 08-Sep-2016 | Current |
| Satya Rokkam | Director | 20-Jun-2023 | Current |
| Mahanthi Radhika | Director | 08-Sep-2016 | 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%.
- Key Matrics
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- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Maa Kuthari Projects Private LimitedMahanty Kumar is a mutual person
Maa Kuthari Exim Private LimitedMahanty Kumar and Mahanthi Radhika are mutual person
- Mkg-Gkd Projects Llp
Mahanty Kumar is a mutual person
- Osmak Projects (India) Private Limited
Mahanty Kumar is a mutual person
- Vizag Amogh Project Management Private Limited
Mahanty Kumar is a mutual person
Charges (Loans)
Open Charges
₹1.80 Cr
Satisfied Charges
₹0.30 Cr
Charges Breakdown by Lending Institutions
- Others : 1.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2024 | Others | ₹3.00 M | Open |
| 09 Jan 2024 | Others | ₹1.50 Cr | Open |
| 10 Jan 2019 | Others | ₹3.00 M | Satisfied |
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.
Deals i
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
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
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
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100922474 was registered on 23 May 2024.
- Charges
A charge registered on 10 Jan 2019 via Charge ID 100234344 with Others was fully satisfied on 16 Apr 2024.
- Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100857877 was registered on 09 Jan 2024.
- Annual General Meeting
Magnus Projects Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- 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 10 months .
- Balance Sheet
Magnus Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
Frequently asked questions
What is the Incorporation or founding date of Magnus Projects Private Limited?
Magnus Projects Private Limited was incorporated on 08 Sep 2016.
What is authorized share capital and paid-up capital of Magnus Projects Private Limited?
The authorized share capital of Magnus Projects Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.05 Cr.
Who are the current board members & directors of Magnus Projects Private Limited?
Currently 4 directors are associated with Magnus Projects Private Limited.
- Ravi Prakash Jetti
- Mahanty Surendra Kumar
- Satya Sri Kumar Rokkam
- Mahanthi Radhika
What is the registered address of Magnus Projects Private Limited?
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 India, Visakhapatnam, Andhra Pradesh, 530003.
What is the corporate identification number (CIN) and company number of Magnus Projects Private Limited?
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).
What has been the recent revenue trend for Magnus Projects Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magnus Projects Private Limited has risen by 521.15%.
How many employees does Magnus Projects Private Limited currently have?
As Per 2023 financial reports, 61 employees are currently employed by Magnus Projects Private Limited.
What change has been observed in the net worth of Magnus Projects Private Limited, and by what percentage?
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%.
What are the total open charges for Magnus Projects Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magnus Projects Private Limited amount to ₹ 1.80 Cr.
When was the last Balance Sheet of Magnus Projects Private Limited filed with the ROC?
The most recent Balance Sheet for Magnus Projects Private Limited was filed with the ROC on 31 Mar 2023.
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