Magtor Servomotion Private Limited logo

Magtor Servomotion Private Limited

Manufacturer of electric motors and gearboxes, with Italian joint venture and three plants in India.
2014 | Napa Talpad, Gujarat (India) | Merged

Last Updated:

June 18, 2024
HomeCompanyMagtor Servomotion Private Limited

Who are the key members and board of directors at Magtor Servomotion?

Board Members(2)

NameDesignationAppointment DateStatus
Neelam Balani In Director 28-Nov-2018Current
Umesh Balani In Director 20-Jan-2014Current

Financial Performance of Magtor Servomotion.

Magtor Servomotion Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 97.57% decrease. The company also saw a substantial improvement in profitability, with a 71.2% increase in profit. The company's net worth observed a substantial decline by a decrease of 329.84%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-97.57%
Revenue from Operations
-97.57%
Total Assets
-13.97%
Profit or Loss
71.20%
Net Worth
-329.84%
EBITDA
-96.49%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Magtor Servomotion?

Unlock and access historical data on people associated with Magtor Servomotion, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Magtor Servomotion

Recent activity within the organization

  • Annual General Meeting

    Magtor Servomotion Private Limited last Annual general meeting of members was held on 27 Sep 2022 as per latest MCA records.

    27 Sep 2022

  • Balance Sheet

    Magtor Servomotion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Neelam Umesh Balani was appointed as a Director was appointed as a Director on 28 Nov 2018 & has been associated with this company since 6 years 1 month .

    28 Nov 2018

  • Director Appointment

    Umesh Mohan Balani was appointed as a Director was appointed as a Director on 20 Jan 2014 & has been associated with this company since 10 years 11 months .

    20 Jan 2014

  • Company Incorporation

    Magtor Servomotion Private Limited was registered on 20 Jan 2014 with Roc Ahmedabad & aged 10 years 11 months as per MCA records.

    20 Jan 2014

Frequently asked questions

  • Magtor Servomotion Private Limited was incorporated on 20 Jan 2014.

  • The authorized share capital of Magtor Servomotion Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.96 Cr.

  • Currently 2 directors are associated with Magtor Servomotion Private Limited.

    • Neelam Umesh Balani
    • Umesh Mohan Balani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magtor Servomotion Private Limited is Ground Floor 223 Napa Talpad Gana-Borsad Road Tal. Borsad, Gujarat, India, 388560.

  • The corporate identification number (CIN) of Magtor Servomotion Private Limited is U31101GJ2014PTC078331 and the company number is 078331 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magtor Servomotion Private Limited is https://www.magtor.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magtor Servomotion Private Limited has fallen by -97.57%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magtor Servomotion Private Limited has experienced an downturn of -329.84%.

  • The most recent Balance Sheet for Magtor Servomotion Private Limited was filed with the ROC on 31 Mar 2022.

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