Magsons Network Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.13 M
- Company Age 37 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.73 M
- Satisfied Charges ₹ 19.11 Cr
- Revenue Growth -53.78%
- Profit Growth -327.03%
- Ebitda -2407.61%
- Net Worth -7.90%
- Total Assets -4.12%
About Magsons Network
Magsons Network Private Limited (MNPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 March 1988 and has a history of 37 years and one month. Its registered office is in Goa, Goa, India.
The Company is engaged in the Travel And Hospitality 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 1.50 M and a paid-up capital of Rs 1.13 M.
The company currently has active open charges totaling ₹1.73 M. The company has closed loans amounting to ₹19.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Andrea Maganlal and Kirit Maganlal serve as directors at the Company.
Company Details
- Location
Goa, Goa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U55101GA1988PTC000809
- Company No.
000809
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Travel and Hospitality
Magsons Network Private Limited
Explore comprehensive data for Magsons Network Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magsons Network?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirit Maganlal  | Director | 01-Jul-1997 | Current |
| Andrea Maganlal | Director | 14-Mar-1988 | Current |
Financial Performance of Magsons Network.
Magsons Network Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.78% decrease. The company also saw a substantial fall in profitability, with a 327.03% decrease in profit. The company's net worth dipped by a decrease of 7.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magsons Network?
Unlock access to Magsons Network's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Charges (Loans)
Open Charges
₹1.73 M
Satisfied Charges
₹191.05 M
Charges Breakdown by Lending Institutions
- Central Bank Of India : 0.14 Cr
- Bank Of India : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Apr 2004 | Bank Of India | ₹0.30 M | Open |
| 07 Mar 2000 | Central Bank Of India | ₹0.30 M | Open |
| 29 Dec 1999 | Central Bank Of India | ₹1.13 M | Open |
| 24 Oct 2014 | Hdfc Bank Limited | ₹7.70 Cr | Satisfied |
| 27 Feb 2014 | Bajaj Finance Limited | ₹8.80 M | Satisfied |
How Many Employees Work at Magsons Network?
Magsons Network has a workforce of 4 employees as of Mar 21, 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 Magsons Network, 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 Magsons Network's trajectory.
Rating
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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 Magsons Network
Recent activity within the organization
- Annual General Meeting
Magsons Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magsons Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
- Charges
A charge registered on 24 Oct 2014 via Charge ID 10529266 with Hdfc Bank Limited was fully satisfied on 22 Jan 2016.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 77.00 M with Charge ID 10529266 was registered on 24 Oct 2014.
- Charges
A charge registered on 27 Feb 2014 via Charge ID 10484563 with Bajaj Finance Limited was fully satisfied on 17 Oct 2014.
- Charges
A charge registered on 25 Feb 2013 via Charge ID 10410918 with Bajaj Finance Limited was fully satisfied on 17 Oct 2014.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Magsons Network Private Limited?
Magsons Network Private Limited was incorporated on 14 Mar 1988.
What is authorized share capital and paid-up capital of Magsons Network Private Limited?
The authorized share capital of Magsons Network Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.13 M.
Who are the current board members & directors of Magsons Network Private Limited?
Currently 2 directors are associated with Magsons Network Private Limited.
- Andrea Kirit Maganlal
- Kirit Jaisinh Maganlal
What is the registered address of Magsons Network Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magsons Network Private Limited is Maganlal Sadan, Dr.Dada Vaidya Road Panaji India, Goa, 403001.
What is the corporate identification number (CIN) and company number of Magsons Network Private Limited?
The corporate identification number (CIN) of Magsons Network Private Limited is U55101GA1988PTC000809 and the company number is 000809 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magsons Network Private Limited?
The Official website of Magsons Network Private Limited is https://www.magsons.in
What has been the recent revenue trend for Magsons Network Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magsons Network Private Limited has fallen by -53.78%.
How many employees does Magsons Network Private Limited currently have?
As Per 2023 financial reports, 4 employees are currently employed by Magsons Network Private Limited.
What change has been observed in the net worth of Magsons Network Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magsons Network Private Limited has experienced an downturn of -7.90%.
What are the total open charges for Magsons Network Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magsons Network Private Limited amount to ₹ 1.73 M.
When was the last Balance Sheet of Magsons Network Private Limited filed with the ROC?
The most recent Balance Sheet for Magsons Network Private Limited was filed with the ROC on 31 Mar 2024.
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