Magus Creations Profile
Key Indicators
- Authorised Capital ₹ 6.50 M
- Paid Up Capital ₹ 6.32 M
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 27.05 Cr
- Satisfied Charges ₹ 9.21 Cr
- Revenue Growth 7.52%
- Profit Growth 82.49%
- Ebitda -21.33%
- Net Worth 11.68%
- Total Assets 7.15%
About Magus Creations
Magus Creations Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 2005 and has a history of 19 years and 11 months. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing 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 6.50 M and a paid-up capital of Rs 6.32 M.
The company currently has active open charges totaling ₹27.05 Cr. The company has closed loans amounting to ₹9.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jaya Agarwal and Ankur Agarwal serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17110GJ2005PTC046242
- Company No.
046242
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Jun 2005
- Date of AGM
03 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Magus Creations Private Limited offer?
Magus Creations Private Limited offers a wide range of products and services, including Sewing Threads, Laces & Accessories, Woven Laces.
Magus Creations Private Limited
Explore comprehensive data for Magus Creations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magus Creations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankur Agarwal  | Managing Director | 13-Jun-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jaya Agarwal | Whole-Time Director | 28-Feb-2014 | Current |
Financial Performance of Magus Creations.
Magus Creations Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.52% increase. The company also saw a substantial improvement in profitability, with a 82.49% increase in profit. The company's net worth Soared by an impressive increase of 11.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magus Creations?
In 2023, Magus Creations had a promoter holding of 98.18% and a public holding of 1.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹270.51 M
Satisfied Charges
₹92.11 M
Charges Breakdown by Lending Institutions
- Others : 27.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | Others | ₹4.94 Cr | Open |
| 29 Dec 2023 | Others | ₹1.32 Cr | Open |
| 23 May 2023 | Others | ₹3.42 Cr | Open |
| 15 Feb 2022 | Others | ₹9.65 Cr | Open |
| 01 Jan 2022 | Others | ₹3.20 Cr | Open |
How Many Employees Work at Magus Creations?
Magus Creations has a workforce of 2 employees as of Mar 22, 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 Magus Creations, 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 Magus Creations'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 Magus Creations
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 49.40 M with Charge ID 100976696 was registered on 23 Sep 2024.
- Annual General Meeting
Magus Creations Private Limited last Annual general meeting of members was held on 03 Sep 2024 as per latest MCA records.
- Balance Sheet
Magus Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 96.47 M registered on 15 Feb 2022 with Charge ID 100540923 was modified on 29 Jan 2024.
- Charges
A charge with Others amounted to Rs. 13.24 M with Charge ID 100859613 was registered on 29 Dec 2023.
- Charges
A charge with Others amounted to Rs. 34.20 M with Charge ID 100722827 was registered on 23 May 2023.
Frequently asked questions
What is the Incorporation or founding date of Magus Creations Private Limited?
Magus Creations Private Limited was incorporated on 13 Jun 2005.
What is authorized share capital and paid-up capital of Magus Creations Private Limited?
The authorized share capital of Magus Creations Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.32 M.
Who are the current board members & directors of Magus Creations Private Limited?
Currently 2 directors are associated with Magus Creations Private Limited.
- Jaya Ankur Agarwal
- Ankur Agarwal
What is the registered address of Magus Creations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magus Creations Private Limited is E-2/57 Bhagwati Industrial Estate Nr.Navin Flourine Bhestan, India, Surat, Gujarat, 395023.
What is the corporate identification number (CIN) and company number of Magus Creations Private Limited?
The corporate identification number (CIN) of Magus Creations Private Limited is U17110GJ2005PTC046242 and the company number is 046242 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magus Creations Private Limited?
The Official website of Magus Creations Private Limited is https://www.maguscreations.in
What has been the recent revenue trend for Magus Creations Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magus Creations Private Limited has risen by 7.52%.
How many employees does Magus Creations Private Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Magus Creations Private Limited.
What change has been observed in the net worth of Magus Creations Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magus Creations Private Limited has experienced an upsurge of 11.68%.
What are the total open charges for Magus Creations Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magus Creations Private Limited amount to ₹ 27.05 Cr.
When was the last Balance Sheet of Magus Creations Private Limited filed with the ROC?
The most recent Balance Sheet for Magus Creations Private Limited was filed with the ROC on 31 Mar 2024.
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