Majestic Granites Profile
Key Indicators
- Authorised Capital ₹ 6.50 M
- Paid Up Capital ₹ 6.50 M
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.29 Cr
- Satisfied Charges ₹ 9.57 M
- Revenue Growth 22.56%
- Profit Growth 18.20%
- Ebitda 4.78%
- Net Worth 17.74%
- Total Assets -6.13%
About Majestic Granites
Majestic Granites Private Limited (MGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 February 2010 and has a history of 14 years and 11 months. Its registered office is in Virudhunagar, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 6.50 M and a paid-up capital of Rs 6.50 M.
The company currently has active open charges totaling ₹2.29 Cr. The company has closed loans amounting to ₹9.57 M, as per Ministry of Corporate Affairs (MCA) records.
Sathishkumar Jayaram and Kannan Chandrakala serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U14102TN2010PTC074478
- Company No.
074478
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Feb 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Majestic Granites?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sathishkumar Jayaram  | Director | 23-Mar-2016 | Current |
| Kannan Chandrakala | Director | 19-Oct-2019 | Current |
Financial Performance of Majestic Granites.
Majestic Granites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.56% increase. The company also saw a substantial improvement in profitability, with a 18.2% increase in profit. The company's net worth Soared by an impressive increase of 17.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Majestic Granites?
In 2023, Majestic Granites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹22.90 M
₹9.57 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2019 | Axis Bank Limited | ₹2.29 Cr | Open |
| 15 Feb 2013 | Tamilnad Mercantile Bank Limited | ₹1.50 M | Satisfied |
| 26 Mar 2012 | Tamilnad Mercantile Bank Limited | ₹2.50 M | Satisfied |
| 29 Feb 2012 | Tamilnad Mercantile Bank Ltd | ₹5.57 M | Satisfied |
How Many Employees Work at Majestic Granites?
Majestic Granites has a workforce of 5 employees as of Apr 09, 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 Majestic Granites, 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 Majestic Granites'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.
