Mb Magnets.Ltd. Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.25 M
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.25 Cr
- Satisfied Charges ₹ 53.87 Cr
- Revenue Growth 633.29%
- Profit Growth -86.97%
- Ebitda -46.65%
- Net Worth 0.40%
- Total Assets 7.85%
About Mb Magnets.Ltd.
Mb Magnets Pvt.Ltd. (MMP) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 1996 and has a history of 28 years and six months. Its registered office is in Durgapur, West Bengal, 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 5.00 M and a paid-up capital of Rs 3.25 M.
The company currently has active open charges totaling ₹24.25 Cr. The company has closed loans amounting to ₹53.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashfaque Ahmad and Bhaskar Choudhury serve as directors at the Company.
Company Details
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Location
Durgapur, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U31904WB1996PTC080550
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Company No.
080550
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jul 1996
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Mb Magnets.Ltd.?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashfaque Ahmad
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Director | 17-Mar-2018 | Current |
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Bhaskar Choudhury
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Director | 17-Mar-2018 | Current |
Financial Performance of Mb Magnets.Ltd..
Mb Magnets Pvt.Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 633.29% increase. The company also saw a substantial fall in profitability, with a 86.97% decrease in profit. The company's net worth moved up by a moderate rise of 0.4%.
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What is the Ownership and Shareholding Structure of Mb Magnets.Ltd.?
In 2022, Mb Magnets.Ltd. 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)
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Krishna Gopal Ore & Minerals LlpAshfaque Ahmad is a mutual person
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Kosher Engineering & Consultancy Private Limited
Ashfaque Ahmad and Bhaskar Choudhury are mutual person
Charges (Loans)
₹242.50 M
₹538.74 M
Charges Breakdown by Lending Institutions
- Others : 16.00 Cr
- State Bank Of Patiala : 8.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Oct 2010 | Others | ₹16.00 Cr | Open |
| 24 Nov 2004 | State Bank Of Patiala | ₹8.25 Cr | Open |
| 28 Jul 2005 | Stae Bank Of Hyderabad | ₹7.50 Cr | Satisfied |
| 05 May 2005 | State Bank Of Hyderabad | ₹7.50 Cr | Satisfied |
| 26 Apr 2004 | State Bank Of Bikaner & Jaipur | ₹15.20 Cr | Satisfied |
How Many Employees Work at Mb Magnets.Ltd.?
Mb Magnets.Ltd. has a workforce of 27 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 Mb Magnets.Ltd., 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 Mb Magnets.Ltd.'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.
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