Magod Fusion Technologies Private Limited

Specializes in laser-based fusion services for industrial material processing and manufacturing.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Magod Fusion Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.71 Cr
  • Satisfied Charges ₹ 3.87 Cr
  • Revenue Growth 6.17%
  • Profit Growth 4.79%
  • Ebitda 33.05%
  • Net Worth 10.24%
  • Total Assets -1.99%

About Magod Fusion Technologies

Magod Fusion Technologies Private Limited (MFTPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 2015 (Nine years and six months 26 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 Cr and a paid-up capital of Rs 1.30 Cr.

The company currently has active open charges totaling ₹2.71 Cr. The company has closed loans amounting to ₹3.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harshad Natu, Magod Rajendra, and Halaswamy Magod serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28133KA2015PTC081655

  • Company No.

    081655

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Magod Fusion Technologies Private Limited offer?

Magod Fusion Technologies Private Limited offers a wide range of products and services, including Optical, Laser Instruments & Devices, Optical Machine, Manufacturing & Assembling Services, Laser Job Work Services, Heat Exchangers, Plate Heat Exchangers, Welding, Soldering & Brazing Service, Welding Services, Welding Equipments & Machinery, Electric Welding Machine.

Who are the key members and board of directors at Magod Fusion Technologies?

Executive Team (1)

Name Designation Appointment Date Status
Harshad Natu Country flag representing In Managing Director 17-Jul-2015 Current

Board Members (2)

Name Designation Appointment Date Status
Halaswamy Magod Country flag representing In Director 17-Jul-2015 Current
Magod Rajendra Country flag representing In Director 17-Jul-2015 Current

Financial Performance of Magod Fusion Technologies.

Magod Fusion Technologies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.17% increase. The company also saw a slight improvement in profitability, with a 4.79% increase in profit. The company's net worth Soared by an impressive increase of 10.24%.

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
6.17%
Revenue from Operations
6.73%
Total Assets
-1.99%
Profit or Loss
4.79%
Net Worth
10.24%
EBITDA
33.05%

What is the Ownership and Shareholding Structure of Magod Fusion Technologies?

In 2023, Magod Fusion Technologies 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

₹2.71 Cr

Satisfied Charges

₹3.87 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.71 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2021 Others ₹2.71 Cr Open
27 Mar 2019 Others ₹2.37 Cr Satisfied
15 Dec 2015 Siemens Financial Services Private Limited ₹1.50 Cr Satisfied

How Many Employees Work at Magod Fusion Technologies?

Magod Fusion Technologies has a workforce of 29 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 Magod Fusion Technologies, 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 Magod Fusion Technologies'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 Magod Fusion Technologies

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 2.71 Cr registered on 30 Sep 2021 with Charge ID 100488895 was modified on 20 May 2024.

    20 May 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Magod Fusion Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 27 Mar 2019 via Charge ID 100254152 with Others was fully satisfied on 17 Oct 2022.

    17 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 2.71 Cr with Charge ID 100488895 was registered on 30 Sep 2021.

    30 Sep 2021

  • Charges

    A charge registered on 15 Dec 2015 via Charge ID 10612364 with Siemens Financial Services Private Limited was fully satisfied on 02 Aug 2019.

    02 Aug 2019

Frequently asked questions

  • Magod Fusion Technologies Private Limited was incorporated on 17 Jul 2015.

  • The authorized share capital of Magod Fusion Technologies Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.30 Cr.

  • Currently 3 directors are associated with Magod Fusion Technologies Private Limited.

    • Harshad Prabhakar Natu
    • Magod Basappa Rajendra
    • Halaswamy Basappa Magod
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magod Fusion Technologies Private Limited is Plot No.72 Kiadb Industrial Area Phase Ii Jigani, Taluk India, Anekal, Karnataka, 560105.

  • The corporate identification number (CIN) of Magod Fusion Technologies Private Limited is U28133KA2015PTC081655 and the company number is 081655 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magod Fusion Technologies Private Limited is https://www.magodfusion.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magod Fusion Technologies Private Limited has risen by 6.17%.

  • As Per 2023 financial reports, 29 employees are currently employed by Magod Fusion Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magod Fusion Technologies Private Limited has experienced an upsurge of 10.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magod Fusion Technologies Private Limited amount to ₹ 2.71 Cr.

  • The most recent Balance Sheet for Magod Fusion Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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