Mags Anticorrosive Coatings Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 28-12-2024
- Paid Up Capital ₹ 5.00 M
as on 28-12-2024
- Company Age 14 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.89 M
as on 28-12-2024
- Satisfied Charges ₹ 10.76 Cr
as on 28-12-2024
- Revenue -50.38%
(FY 2021)
- Profit -55.77%
(FY 2021)
- Ebitda -72.62%
(FY 2021)
- Net Worth 9.60%
(FY 2021)
- Total Assets -0.00%
(FY 2021)
About Mags Anticorrosive Coatings
The Corporate was formerly known as Mags Corrosive Coatings 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹0.89 M. The company has closed loans amounting to ₹10.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venu Pillai and Bindu Pillai serve as directors at the Company.
- CIN/LLPIN
U74999MH2010PTC205288
- Company No.
205288
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jul 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Mags Anticorrosive Coatings?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venu Pillai  | Director | 06-Jul-2010 | Current |
| Bindu Pillai | Director | 06-Jul-2010 | Current |
Financial Performance of Mags Anticorrosive Coatings.
Mags Anticorrosive Coatings Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 50.38% decrease. The company also saw a substantial fall in profitability, with a 55.77% decrease in profit. The company's net worth moved up by a moderate rise of 9.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mags Anticorrosive Coatings?
In 2023, Mags Anticorrosive Coatings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Dec 2022 | ₹0.89 M | Open |
Others Creation Date: 10 Apr 2023 | ₹5.00 Cr | Satisfied |
Dhanlaxmi Bank Limited Creation Date: 26 Mar 2018 | ₹5.00 Cr | Satisfied |
How Many Employees Work at Mags Anticorrosive Coatings?
Mags Anticorrosive Coatings has a workforce of 1167 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mags Anticorrosive Coatings, 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 Mags Anticorrosive Coatings'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.
