Magtech Motors Profile
Key Indicators
- Authorised Capital ₹ 2.55 Cr
as on 06-07-2024
- Paid Up Capital ₹ 3.01 M
as on 06-07-2024
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -3.78%
(FY 2023)
- Profit -27.25%
(FY 2023)
- Ebitda -30.67%
(FY 2023)
- Net Worth 1.74%
(FY 2023)
- Total Assets 3.58%
(FY 2023)
About Magtech Motors
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 2023. It's a company limited by shares with an authorized capital of Rs 2.55 Cr and a paid-up capital of Rs 3.01 M, as per Ministry of Corporate Affairs (MCA) records.
Bhavesh Girishbhai and Jayshreeben Rohitkumar serve as directors at the Company.
- CIN/LLPIN
U50101GJ1991PTC015178
- Company No.
015178
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Mar 1991
- Date of AGM
23 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
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
- Ratios
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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 LimitedActive 37 years 1 monthBhavesh Girishbhai and Jayshreeben Rohitkumar are mutual person
The Pharmaceutical Form-Fill-Seal Association Of IndiaActive 28 years 6 monthsBhavesh 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.
