Magtech Motors Pvt Ltd
Manufactures water heaters, solar systems, and electrical appliances since 1991.
1991 | Ahmedabad, Gujarat (India) | Active
Magtech Motors Profile
Key Indicators
- Authorised Capital ₹ 2.55 Cr
- Paid Up Capital ₹ 1.06 Cr
- Company Age 33 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -3.78%
- Profit Growth -27.25%
- Ebitda -30.67%
- Net Worth 1.74%
- Total Assets 3.58%
About Magtech Motors
Magtech Motors Pvt Ltd (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 March 1991 and has a history of 33 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Consumer Electronics & Durables 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 2.55 Cr and a paid-up capital of Rs 1.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhavesh Girishbhai and Jayshreeben Rohitkumar 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
U50101GJ1991PTC015178
- Company No.
015178
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Mar 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Magtech Motors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavesh Girishbhai  | Director | 24-Nov-2020 | Current |
Jayshreeben Rohitkumar  | Director | 08-Mar-1991 | Current |
Financial Performance of Magtech Motors.
Magtech Motors Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.78% decrease. The company also saw a substantial fall in profitability, with a 27.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magtech Motors?
In 2023, Magtech Motors 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)
Milcent Appliances Private LimitedBhavesh Girishbhai and Jayshreeben Rohitkumar are mutual person
Amanta Healthcare LimitedBhavesh Girishbhai is a mutual person
The Pharmaceutical Form-Fill-Seal Association Of IndiaBhavesh Girishbhai is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magtech Motors?
Magtech Motors has a workforce of 1 employees as of Apr 05, 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 Magtech Motors, 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 Magtech Motors'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 Magtech Motors
Recent activity within the organization
- Annual General Meeting
Magtech Motors Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magtech Motors Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Bhavesh Patel Girishbhai was appointed as a Director was appointed as a Director on 24 Nov 2020 & has been associated with this company since 4 years 3 months .
- Director Appointment
Jayshreeben Patel Rohitkumar was appointed as a Director was appointed as a Director on 08 Mar 1991 & has been associated with this company since 33 years 11 months .
- Company Incorporation
Magtech Motors Pvt Ltd was registered on 08 Mar 1991 with Roc Ahmedabad & aged 33 years 11 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Magtech Motors Pvt Ltd?
Magtech Motors Pvt Ltd was incorporated on 08 Mar 1991.
What is authorized share capital and paid-up capital of Magtech Motors Pvt Ltd?
The authorized share capital of Magtech Motors Pvt Ltd is ₹ 2.55 Cr and paid-up capital is ₹ 1.06 Cr.
Who are the current board members & directors of Magtech Motors Pvt Ltd?
Currently 2 directors are associated with Magtech Motors Pvt Ltd.
- Bhavesh Patel Girishbhai
- Jayshreeben Patel Rohitkumar
What is the registered address of Magtech Motors Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Magtech Motors Pvt Ltd is G-9 Chinubhai Centre Nr. Patang Hotel Ashram Road, India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Magtech Motors Pvt Ltd?
The corporate identification number (CIN) of Magtech Motors Pvt Ltd is U50101GJ1991PTC015178 and the company number is 015178 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magtech Motors Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Magtech Motors Pvt Ltd has fallen by -3.78%.
How many employees does Magtech Motors Pvt Ltd currently have?
As Per 2023 financial reports, 1 employees are currently employed by Magtech Motors Pvt Ltd.
What change has been observed in the net worth of Magtech Motors Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magtech Motors Pvt Ltd has experienced an upsurge of 1.74%.
When was the last Balance Sheet of Magtech Motors Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Magtech Motors Pvt Ltd was filed with the ROC on 31 Mar 2024.
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