Magtech Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 23 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4.50 Cr
- Revenue Growth 11.27%
- Profit Growth -874.28%
- Ebitda -219.09%
- Net Worth -135.73%
- Total Assets -23.77%
About Magtech Solutions
Magtech Solutions Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 July 2001 and has a history of 23 years and six months. Its registered office is in New Delhi, India.
The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹4.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Subhash Jain, Babita Jain, and Naman Jain serve as directors at the Company.
Company Details
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Location
New Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U80100DL2001PTC111766
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Company No.
111766
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Jul 2001
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Magtech Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Jain
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Director | 23-Jul-2001 | Current |
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Babita Jain
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Director | 23-Jul-2001 | Current |
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Naman Jain
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Director | 29-Nov-2022 | Current |
Financial Performance of Magtech Solutions.
Magtech Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.27% increase. The company also saw a substantial fall in profitability, with a 874.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 135.73%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Magtech Solutions?
In 2022, Magtech Solutions 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)
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Sahai Cables International Pvt LtdSubhash Jain, Babita Jain and 1 more are mutual person
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Rocket Sales And Marketing Private Limited
Subhash Jain and Naman Jain are mutual person
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Jmss Buildtech Private Limited
Subhash Jain and Naman Jain are mutual person
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Ozone Infotech Private Limited
Subhash Jain and Babita Jain are mutual person
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Grasp Academy Private Limited
Subhash Jain and Naman Jain are mutual person
Charges (Loans)
₹0
₹45.00 M
Charges Breakdown by Lending Institutions
- Ing Vysya Bank Limited : 4.00 Cr
- Ing Vysya Bank Ltd. : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2007 | Ing Vysya Bank Limited | ₹4.00 Cr | Satisfied |
| 29 Sep 2004 | Ing Vysya Bank Ltd. | ₹5.00 M | Satisfied |
How Many Employees Work at Magtech Solutions?
Unlock and access historical data on people associated with Magtech Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magtech Solutions, 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 Solutions'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.