Magus Creations Profile
Key Indicators
- Authorised Capital ₹ 6.50 M
as on 30-07-2024
- Paid Up Capital ₹ 6.32 M
as on 30-07-2024
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.11 Cr
as on 30-07-2024
- Satisfied Charges ₹ 9.21 Cr
as on 30-07-2024
- Revenue 7.52%
(FY 2023)
- Profit 82.49%
(FY 2023)
- Ebitda -21.33%
(FY 2023)
- Net Worth 11.68%
(FY 2023)
- Total Assets 7.15%
(FY 2023)
About Magus Creations
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 2023. 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 ₹22.11 Cr. The company has closed loans amounting to ₹9.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ankur Agarwal and Jaya Agarwal serve as directors at the Company.
- CIN/LLPIN
U17110GJ2005PTC046242
- Company No.
046242
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Jun 2005
- Date of AGM
03 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
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.
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)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Dec 2023 | ₹1.32 Cr | Open |
Others Creation Date: 23 May 2023 | ₹3.42 Cr | Open |
Others Creation Date: 15 Feb 2022 | ₹9.65 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.
