Vac Magnetic India Private Limited

Sells magnetic products for industrial use, incorporated in 2013.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Vac Magnetic India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 12 Year,
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -10.89%
  • Profit Growth 52.39%
  • Ebitda -9.79%
  • Net Worth 20.87%
  • Total Assets 7.17%

About Vac Magnetic India

Vac Magnetic India Private Limited (VMIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 31 January 2013 and has a history of 12 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Omg Chemicals And Magnetics Private Limited. The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 8.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ravindra Nagendra and Abhishek Nagarkar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24233MH2013FTC240083

  • Company No.

    240083

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    31 Jan 2013

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Vac Magnetic India?

Board Members (2)

Name Designation Appointment Date Status
Ravindra Nagendra Country flag representing In Director 12-Jun-2017 Current
Abhishek Nagarkar Country flag representing In Director 06-Apr-2018 Current

Financial Performance of Vac Magnetic India.

Vac Magnetic India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.89% decrease. The company also saw a substantial improvement in profitability, with a 52.39% increase in profit. The company's net worth Soared by an impressive increase of 20.87%.

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
-10.89%
Revenue from Operations
-11.22%
Total Assets
7.17%
Profit or Loss
52.39%
Net Worth
20.87%
EBITDA
-9.79%

What is the Ownership and Shareholding Structure of Vac Magnetic India?

In 2023, Vac Magnetic India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Vac Magnetic India?

Vac Magnetic India has a workforce of 4 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vac Magnetic India, 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 Vac Magnetic India'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 Vac Magnetic India

Recent activity within the organization

  • Annual General Meeting

    Vac Magnetic India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Vac Magnetic India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Abhishek Gautam Nagarkar was appointed as a Director was appointed as a Director on 06 Apr 2018 & has been associated with this company since 6 years 9 months .

    06 Apr 2018

  • Director Appointment

    Ravindra Hanchate Nagendra was appointed as a Director was appointed as a Director on 12 Jun 2017 & has been associated with this company since 7 years 7 months .

    12 Jun 2017

  • Company Incorporation

    Vac Magnetic India Private Limited was registered on 31 Jan 2013 with Roc Mumbai & aged 12 years as per MCA records.

    31 Jan 2013

Frequently asked questions

  • Vac Magnetic India Private Limited was incorporated on 31 Jan 2013.

  • The authorized share capital of Vac Magnetic India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 8.00 M.

  • Currently 2 directors are associated with Vac Magnetic India Private Limited.

    • Ravindra Hanchate Nagendra
    • Abhishek Gautam Nagarkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vac Magnetic India Private Limited is Unit No A-101/102 1St Floor, Kailas Business Park Veer Savarkar Road Parksite Vikhroli (W) India, Mumbai, Maharashtra, 400079.

  • The corporate identification number (CIN) of Vac Magnetic India Private Limited is U24233MH2013FTC240083 and the company number is 240083 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vac Magnetic India Private Limited is https://www.omgi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vac Magnetic India Private Limited has fallen by -10.89%.

  • As Per 2023 financial reports, 4 employees are currently employed by Vac Magnetic India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vac Magnetic India Private Limited has experienced an upsurge of 20.87%.

  • The most recent Balance Sheet for Vac Magnetic India Private Limited was filed with the ROC on 31 Mar 2023.

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