Magtor Servomotion Private Limited

Manufacturer of electric motors and gearboxes, with Italian joint venture and three plants in India.

2014 | Anand, Gujarat (India) | Merged
Last Updated:

Magtor Servomotion Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -97.57%
  • Profit Growth 71.20%
  • Ebitda -96.49%
  • Net Worth -329.84%
  • Total Assets -13.97%

About Magtor Servomotion

Magtor Servomotion Private Limited (MSPL) is Amalgamated company established on 20 Jan 2014 with its office registered at Anand, Gujarat, India and has been running since 11 Year, 2 Months with a paid up capital of 3.96 Cr. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31101GJ2014PTC078331

  • Company No.

    078331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2014

  • Date of AGM

    27 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Magtor Servomotion Private Limited offer?

Magtor Servomotion Private Limited offers a wide range of products and services, including Servo Drives, Servo Motor, AC Servo Motor.

Company report

Magtor Servomotion Private Limited

Explore comprehensive data for Magtor Servomotion Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

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

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%.

Magtor Servomotion revenue growth over time
Magtor Servomotion profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(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%

What is the Ownership and Shareholding Structure of Magtor Servomotion?

In 2022, Magtor Servomotion had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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 growth trends for Magtor Servomotion Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magtor Servomotion, 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 Magtor Servomotion's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 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.

  • Balance Sheet

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

  • 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 4 months .

  • 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 11 years 2 months .

  • Company Incorporation

    Magtor Servomotion Private Limited was registered on 20 Jan 2014 with Roc Ahmedabad & aged 11 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magtor Servomotion Private Limited?

    Magtor Servomotion Private Limited was incorporated on 20 Jan 2014.

  • What is authorized share capital and paid-up capital of Magtor Servomotion Private Limited?

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

  • Who are the current board members & directors of Magtor Servomotion Private Limited?

    Currently 2 directors are associated with Magtor Servomotion Private Limited.

    • Umesh Mohan Balani
    • Neelam Umesh Balani

  • What is the registered address of Magtor Servomotion Private Limited?

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

  • What is the corporate identification number (CIN) and company number of Magtor Servomotion Private Limited?

    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).

  • What is the official website of Magtor Servomotion Private Limited?

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

  • What has been the recent revenue trend for Magtor Servomotion Private Limited?

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

  • What change has been observed in the net worth of Magtor Servomotion Private Limited, and by what percentage?

    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%.

  • When was the last Balance Sheet of Magtor Servomotion Private Limited filed with the ROC?

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

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