Magnus Steels Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.20 Cr
as on 16-11-2024
- Company Age 28 Year, 14 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.54 Cr
as on 16-11-2024
- Satisfied Charges ₹ 7.28 Cr
as on 16-11-2024
- Revenue 47.33%
(FY 2023)
- Profit -52.67%
(FY 2023)
- Ebitda 43.22%
(FY 2023)
- Net Worth 7.28%
(FY 2023)
- Total Assets 21.37%
(FY 2023)
About Magnus Steels
The Company is engaged in the Automotive 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 2.50 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹19.54 Cr. The company has closed loans amounting to ₹7.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikas Kaushal and Manju Kaushal serve as directors at the Company.
- CIN/LLPIN
U34102CH1996PTC019171
- Company No.
019171
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Dec 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Chandigarh, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Magnus Steels Private Limited offer?
Magnus Steels Private Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Forklift Parts, Forklift.
Who are the key members and board of directors at Magnus Steels?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikas Kaushal  | Director | 18-Dec-1996 | Current |
| Manju Kaushal | Director | 23-May-1997 | Current |
Financial Performance of Magnus Steels.
Magnus Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.33% increase. The company also saw a substantial fall in profitability, with a 52.67% decrease in profit. The company's net worth moved up by a moderate rise of 7.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnus Steels?
In 2023, Magnus Steels 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 12 Jun 2024 | ₹1.50 Cr | Open |
Hdfc Bank Limited Creation Date: 21 Nov 2022 | ₹5.95 M | Open |
Sidbi Creation Date: 28 Mar 2022 | ₹1.00 Cr | Open |
How Many Employees Work at Magnus Steels?
Magnus Steels has a workforce of 34 employees as of Mar 28, 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 Steels, 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 Steels'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.
