Magson Retail And Distribution Limited

Exotic food store with multiple locations in Gujarat, established in 2018.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2023

Magson Retail And Distribution Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 7.85 Cr
  • Company Age 6 Year, 1 Month
  • 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 one month 21 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)

NameDesignationAppointment DateStatus
Rajesh Francis Country flag representing In Managing Director10-Dec-2018Current
Atulaben Patel Company Secretary13-Mar-2023Current
Nirav Choudhry CFO(Kmp)02-Jan-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Nishat Brahmbhatt Country flag representing In Director 02-Jan-2023Current
Jennifer Francis Country flag representing In Director 02-Jan-2023Current
Chaintankumar Patel Country flag representing In Director 13-Mar-2019Current
Manish Pancholi Country flag representing In Wholetime Director 12-Oct-2021Current
Kavin Dave Country flag representing In Director 02-Jan-2023Current
Rajendra Maganlal Country flag representing In Director 08-Jun-2019Current

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%.

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
2.74%
Revenue from Operations
2.53%
Total Assets
16.16%
Profit or Loss
22.89%
Net Worth
63.64%
EBITDA
54.91%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2020Hdfc Bank Limited₹1.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    14 Jun 2023

  • Balance Sheet

    Magson Retail And Distribution Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Ahmedabad.

    31 Mar 2023

  • 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 10 months .

    13 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100398058 was registered on 17 Dec 2020.

    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 7 months .

    08 Jun 2019

  • 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 10 months .

    13 Mar 2019

Frequently asked questions

  • Magson Retail And Distribution Limited was incorporated on 10 Dec 2018.

  • The authorized share capital of Magson Retail And Distribution Limited is ₹ 11.00 Cr and paid-up capital is ₹ 7.85 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Magson Retail And Distribution Limited is https://www.magson.ooo

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magson Retail And Distribution Limited has risen by 2.74%.

  • As Per 2022 financial reports, 83 employees are currently employed by Magson Retail And Distribution Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Magson Retail And Distribution Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Magson Retail And Distribution Limited was filed with the ROC on 31 Mar 2023.

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