Magus Metals Profile
Key Indicators
- Authorised Capital ₹ 3.75 Cr
- Paid Up Capital ₹ 3.39 Cr
- Company Age 34 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 20.74 Cr
- Revenue Growth 208.20%
- Profit Growth -56.52%
- Ebitda -118.29%
- Net Worth -62.55%
- Total Assets -17.85%
About Magus Metals
Magus Metals Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 1990 and has a history of 34 years and ten months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Metals And Minerals 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 3.75 Cr and a paid-up capital of Rs 3.39 Cr.
The company has closed loans amounting to ₹20.74 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Annamreddi Latharani, Annamreddi Prashanth, Akhila Annamreddi, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U27204TG1990PTC011127
- Company No.
011127
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Mar 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Magus Metals?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Annamreddi Latharani  | Director | 21-Jun-1999 | Current |
| Annamreddi Prashanth | Director | 11-Feb-2017 | Current |
| Akhila Annamreddi | Director | 11-Feb-2017 | Current |
| Suresh Alla | Director | 14-Dec-2022 | Current |
Financial Performance of Magus Metals.
Magus Metals Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 208.2% increase. The company also saw a substantial fall in profitability, with a 56.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 62.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Magus Metals?
In 2019, Magus Metals 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)
Vajani Agri Private LimitedAnnamreddi Latharani, Annamreddi Prashanth and 2 more are mutual person
- Delta Tubes Pvt Ltd
Annamreddi Latharani is a mutual person
- Anagha Technosoft Private Limited
Suresh Alla is a mutual person
- Bhava Infotech Private Limited
Suresh Alla is a mutual person
Charges (Loans)
₹0
₹20.74 Cr
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
- Andhra Bank : 8.63 Cr
- State Bank Of Hyderabad : 0.74 Cr
- Andhra Pradesh State Financial Corporation : 0.60 Cr
- Canara Bank : 0.40 Cr
- Others : 0.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2017 | Others | ₹1.00 M | Satisfied |
| 12 Feb 2013 | Andhra Bank | ₹1.00 Cr | Satisfied |
| 16 Jan 2012 | Andhra Bank | ₹6.00 M | Satisfied |
| 14 Mar 2011 | Andhra Bank | ₹5.04 M | Satisfied |
| 18 Nov 2008 | Andhra Bank | ₹7.00 M | Satisfied |
How Many Employees Work at Magus Metals?
Magus Metals has a workforce of 14 employees as of Apr 07, 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 Metals, 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 Metals'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.
