Magson Retail And Distribution Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 7.85 Cr
- Company Age 6 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.00 Cr
- Revenue Growth 2.74%
- Profit Growth 22.89%
- Ebitda 54.91%
- Net Worth 63.64%
- Total Assets 16.16%
About Magson Retail And Distribution
Magson Retail And Distribution Limited (MRADL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 10 December 2018 (Six years and two months 26 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Food And Beverages 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 11.00 Cr and a paid-up capital of Rs 7.85 Cr.
The company currently has active open charges totaling ₹1.00 Cr.
The Key Managerial Personnel (KMP) at Magson Retail And Distribution Limited India are Atulaben Patel as COMPANY SECRETARY and Nirav Choudhry serving as the Chief Financial Officer (CFO). Nishat Brahmbhatt, Jennifer Francis, Chaintankumar Patel, and Five other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999GJ2018PLC105533
- Company No.
105533
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Dec 2018
- Date of AGM
14 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc-Ahmedabad
Industry
Food and Beverages
Who are the key members and board of directors at Magson Retail And Distribution?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Francis  | Managing Director | 10-Dec-2018 | Current |
| Atulaben Patel | Company Secretary | 13-Mar-2023 | Current |
| Nirav Choudhry | CFO(Kmp) | 02-Jan-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nishat Brahmbhatt | Director | 02-Jan-2023 | Current |
| Jennifer Francis | Director | 02-Jan-2023 | Current |
| Chaintankumar Patel | Director | 13-Mar-2019 | Current |
| Manish Pancholi | Wholetime Director | 12-Oct-2021 | Current |
| Kavin Dave | Director | 02-Jan-2023 | Current |
| Rajendra Maganlal | Director | 08-Jun-2019 | Current |
Financial Performance of Magson Retail And Distribution.
Magson Retail And Distribution Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.74% increase. The company also saw a substantial improvement in profitability, with a 22.89% increase in profit. The company's net worth Soared by an impressive increase of 63.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Magson Retail And Distribution?
In 2021, Magson Retail And Distribution 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)
Focal Corporate Services Private LimitedKavin Dave is a mutual person
Magsons Foods Private LimitedRajendra Maganlal is a mutual person
- Food Book Associates Llp
Nirav Choudhry is a mutual person
- Goan Bakery Private Limited
Manish Pancholi is a mutual person
- Farmags Associates Llp
Rajesh Francis is a mutual person
- Focal Business Advisory Private Limited
Kavin Dave is a mutual person
Charges (Loans)
Open Charges
₹1.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2020 | Hdfc Bank Limited | ₹1.00 Cr | Open |
How Many Employees Work at Magson Retail And Distribution?
Magson Retail And Distribution has a workforce of 83 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 Magson Retail And Distribution, 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 Magson Retail And Distribution'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 Magson Retail And Distribution
Recent activity within the organization
- Annual General Meeting
Magson Retail And Distribution Limited last Annual general meeting of members was held on 14 Jun 2023 as per latest MCA records.
- Balance Sheet
Magson Retail And Distribution Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Ahmedabad.
- Director Appointment
Atulaben Jagdishbhai Patel was appointed as a Company Secretary was appointed as a Company Secretary on 13 Mar 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100398058 was registered on 17 Dec 2020.
- Director Appointment
Rajendra Pratap Maganlal was appointed as a Director was appointed as a Director on 08 Jun 2019 & has been associated with this company since 5 years 8 months .
- Director Appointment
Chaintankumar Dashrathbhai Patel was appointed as a Director was appointed as a Director on 13 Mar 2019 & has been associated with this company since 5 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Magson Retail And Distribution Limited?
Magson Retail And Distribution Limited was incorporated on 10 Dec 2018.
What is authorized share capital and paid-up capital of Magson Retail And Distribution Limited?
The authorized share capital of Magson Retail And Distribution Limited is ₹ 11.00 Cr and paid-up capital is ₹ 7.85 Cr.
Who are the current board members & directors of Magson Retail And Distribution Limited?
Currently 10 directors are associated with Magson Retail And Distribution Limited.
- Atulaben Jagdishbhai Patel
- Nirav Jitendra Choudhry
- Nishat Harshadray Brahmbhatt
- Jennifer Rajesh Francis
- Chaintankumar Dashrathbhai Patel
- Nirav Jitendra Choudhry
- Manish Shivnarayan Pancholi
- Rajesh Emmanuel Francis
- Kavin Dineshkumar Dave
- Rajendra Pratap Maganlal
What is the registered address of Magson Retail And Distribution Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magson Retail And Distribution Limited is Office No. B/204 Primate Nr. Gormoh Restaurant, Opp. Mother Dairy Judges Bunglow Cross Road, Ahmedabad, Gujarat, India, 380015.
What is the corporate identification number (CIN) and company number of Magson Retail And Distribution Limited?
The corporate identification number (CIN) of Magson Retail And Distribution Limited is U74999GJ2018PLC105533 and the company number is 105533 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magson Retail And Distribution Limited?
The Official website of Magson Retail And Distribution Limited is https://www.magson.ooo
What has been the recent revenue trend for Magson Retail And Distribution Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Magson Retail And Distribution Limited has risen by 2.74%.
How many employees does Magson Retail And Distribution Limited currently have?
As Per 2022 financial reports, 83 employees are currently employed by Magson Retail And Distribution Limited.
What change has been observed in the net worth of Magson Retail And Distribution Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Magson Retail And Distribution Limited has experienced an upsurge of 63.64%.
What are the total open charges for Magson Retail And Distribution Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Magson Retail And Distribution Limited amount to ₹ 1.00 Cr.
When was the last Balance Sheet of Magson Retail And Distribution Limited filed with the ROC?
The most recent Balance Sheet for Magson Retail And Distribution Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
MP
Maheshbhai PatelDirectorAB
Akshay BhagatDirector
Similar Companies Based on Food and Beverages
Ssf Limited Visakhapatnam, Andhra Pradesh, India
Proventus Agrocom Limited Mumbai, Maharashtra, India
Maasheetla Industries Private Limited Nainital, Uttarakhand, India
Riva Enterprises Llp Ahmedabad, Gujarat, India
Sawaliya Food Products Private Limited Indore, Madhya Pradesh, India
Godesi Mandi Private Limited Bangalore, Karnataka, India
Shivam Soya Private Limited Kota, Rajasthan, India
Dsm Fresh Foods Private Limited South West Delhi, Delhi, India