Majestic Industries Limited

Manufacturer and supplier of various types of pipes and fittings since 1981.

1981 | Himachal Pardesh, Himachal Pradesh (India) | Active
Last Updated: December 22, 2024

Majestic Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.64 Cr
  • Company Age 44 Year, 18 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth %
  • Profit Growth 13.79%
  • Ebitda 13.79%
  • Net Worth -0.09%
  • Total Assets -0.00%

About Majestic Industries

Majestic Industries Limited (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 20 January 1981 and has a history of 44 years. Its registered office is in Himachal Pardesh, Himachal Pradesh.

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 15.00 Cr and a paid-up capital of Rs 9.64 Cr.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nand Gupta, Ashok Kumar, Prateek Gupta, and One other member serve as directors at the Company.

Company Details

  • Location
    Himachal Pardesh, Himachal Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35911HP1981PLC004384

  • Company No.

    004384

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Manufacturing

Who are the key members and board of directors at Majestic Industries?

Executive Team (1)

Name Designation Appointment Date Status
Nand Gupta Country flag representing In Managing Director 20-Jan-1981 Current

Board Members (3)

Name Designation Appointment Date Status
Ashok Kumar Country flag representing In Additional Director 01-May-2023 Current
Prateek Gupta Country flag representing In Director 30-Dec-2020 Current
Balram Shrma Country flag representing In Director 30-Sep-2003 Current

Financial Performance of Majestic Industries.

Majestic Industries Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 13.79% increase in profit. The company's net worth dipped by a decrease of 0.09%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
-0.00%
Profit or Loss
13.79%
Net Worth
-0.09%
EBITDA
13.79%

What is the Ownership and Shareholding Structure of Majestic Industries?

In 2023, Majestic Industries had a promoter holding of 42.59% and a public holding of 57.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
04 May 2005 Punjab National Bank ₹1.00 Cr Open
11 Dec 1995 Industrial Development Bank Of India ₹5.00 Cr Satisfied

How Many Employees Work at Majestic Industries?

Unlock and access historical data on people associated with Majestic Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Majestic Industries, 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 Industries'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 Majestic Industries

Recent activity within the organization

  • Charges

    A charge registered on 11 Dec 1995 via Charge ID 90177657 with Industrial Development Bank Of India was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Annual General Meeting

    Majestic Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Ashok Kumar was appointed as a Additional Director was appointed as a Additional Director on 01 May 2023 & has been associated with this company since 1 year 9 months .

    01 May 2023

  • Balance Sheet

    Majestic Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

    31 Mar 2023

  • Director Appointment

    Prateek Gupta was appointed as a Director was appointed as a Director on 30 Dec 2020 & has been associated with this company since 4 years 1 month .

    30 Dec 2020

  • Charges

    A charge with Punjab National Bank amounted to Rs. 1.00 Cr with Charge ID 90180955 was registered on 04 May 2005.

    04 May 2005

Frequently asked questions

  • Majestic Industries Limited was incorporated on 20 Jan 1981.

  • The authorized share capital of Majestic Industries Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.64 Cr.

  • Currently 4 directors are associated with Majestic Industries Limited.

    • Nand Kishore Gupta
    • Ashok Kumar
    • Prateek Gupta
    • Balram Shrma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Majestic Industries Limited is Vill Barotiwalateh Kasauli Solan Pradesh India, Himachal Pardesh, Himachal Pradesh.

  • The corporate identification number (CIN) of Majestic Industries Limited is U35911HP1981PLC004384 and the company number is 004384 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Majestic Industries Limited has experienced an downturn of -0.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Majestic Industries Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Majestic Industries Limited was filed with the ROC on 31 Mar 2023.

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