Mags Property Private Limited

Provides rental and leasing services for non-residential properties since 2010 in Chandigarh.

2010 | Chandigarh (India) | Active
Last Updated:

Mags Property Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 24 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -8.13%
  • Profit Growth 11.24%
  • Ebitda -7.58%
  • Net Worth 0.88%
  • Total Assets -1.45%

About Mags Property

Mags Property Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 2010 and has a history of 15 years. Its registered office is in Chandigarh, India.

The Company is engaged in the Financial Services 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mohinder Dosanjh, Rakesh Khurana, Ghansher Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70109CH2010PTC032039

  • Company No.

    032039

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Mags Property Private Limited

Explore comprehensive data for Mags Property Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mags Property?

Board Members (4)

NameDesignationAppointment DateStatus
Mohinder Dosanjh Country flag representing In Director 23-Feb-2010Current
Rakesh Khurana Country flag representing In Director 23-Feb-2010Current
Ghansher Singh Country flag representing In Director 23-Feb-2010Current
Sanjeev Mehan Country flag representing In Director 23-Feb-2010Current

Financial Performance of Mags Property.

Mags Property Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 8.13% decrease. The company also saw a substantial improvement in profitability, with a 11.24% increase in profit. The company's net worth moved up by a moderate rise of 0.88%.

Mags Property revenue growth over time
Mags Property 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
-8.13%
Revenue from Operations
-8.33%
Total Assets
-1.45%
Profit or Loss
11.24%
Net Worth
0.88%
EBITDA
-7.58%

What is the Ownership and Shareholding Structure of Mags Property?

In 2021, Mags Property had a promoter holding of 81.00% and a public holding of 19.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

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There are no open charges registered against the company as per our records.

How Many Employees Work at Mags Property?

Unlock and access historical data on people associated with Mags Property, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mags Property Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mags Property, 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 Property'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 Mags Property

Recent activity within the organization

  • Annual General Meeting

    Mags Property Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mags Property Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Mohinder Singh Dosanjh was appointed as a Director was appointed as a Director on 23 Feb 2010 & has been associated with this company since 15 years 24 days .

  • Director Appointment

    Rakesh Khurana was appointed as a Director was appointed as a Director on 23 Feb 2010 & has been associated with this company since 15 years 24 days .

  • Director Appointment

    Ghansher Singh was appointed as a Director was appointed as a Director on 23 Feb 2010 & has been associated with this company since 15 years 24 days .

  • Director Appointment

    Sanjeev Mehan was appointed as a Director was appointed as a Director on 23 Feb 2010 & has been associated with this company since 15 years 24 days .

Frequently asked questions

  • What is the Incorporation or founding date of Mags Property Private Limited?

    Mags Property Private Limited was incorporated on 23 Feb 2010.

  • What is authorized share capital and paid-up capital of Mags Property Private Limited?

    The authorized share capital of Mags Property Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Mags Property Private Limited?

    Currently 4 directors are associated with Mags Property Private Limited.

    • Mohinder Singh Dosanjh
    • Rakesh Khurana
    • Ghansher Singh
    • Sanjeev Mehan
  • What is the registered address of Mags Property Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mags Property Private Limited is 1246 Sector 22B India, Chandigarh, 160022.

  • What is the corporate identification number (CIN) and company number of Mags Property Private Limited?

    The corporate identification number (CIN) of Mags Property Private Limited is U70109CH2010PTC032039 and the company number is 032039 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mags Property Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mags Property Private Limited has fallen by -8.13%.

  • What change has been observed in the net worth of Mags Property Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mags Property Private Limited has experienced an upsurge of 0.88%.

  • When was the last Balance Sheet of Mags Property Private Limited filed with the ROC?

    The most recent Balance Sheet for Mags Property Private Limited was filed with the ROC on 31 Mar 2024.

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