Orissa Magnetics Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
as on 26-06-2024
- Paid Up Capital ₹ 1.05 Cr
as on 26-06-2024
- Company Age 26 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.20 Cr
as on 26-06-2024
- Revenue 10.84%
(FY 2020)
- Profit 38.23%
(FY 2020)
- Ebitda 80.63%
(FY 2020)
- Net Worth -4.41%
(FY 2020)
- Total Assets -2.79%
(FY 2020)
About Orissa Magnetics
The Company is engaged in the Financial Services 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 1.10 Cr and a paid-up capital of Rs 1.05 Cr.
The company has closed loans amounting to ₹1.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Suryakanta Kar, Sitakanta Kar, Mahimananda Mishra, and One other member serve as directors at the Company.
- CIN/LLPIN
U32303OR1998PTC005415
- Company No.
005415
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Aug 1998
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Company Details
- Location
Cuttack, Odisha, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Orissa Magnetics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sitakanta Kar  | Managing Director | 13-Aug-1998 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suryakanta Kar | Whole-Time Director | 13-Aug-1998 | Current |
| Mahimananda Mishra | Director | 28-Dec-2002 | Current |
| Charchit Mishra | Director | 30-Sep-2004 | Current |
Financial Performance and Corporate Structure Insights of Orissa Magnetics.
Orissa Magnetics Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 10.84% increase. The company also saw a substantial improvement in profitability, with a 38.23% increase in profit. The company's net worth dipped by a decrease of 4.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Orissa Magnetics?
In 2020, Orissa Magnetics had a promoter holding of 24.28% and a public holding of 75.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bhatia Osl Washeries & Minerals LimitedActive 15 years 2 monthsMahimananda Mishra is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Industrial Promotion & Investiment Corp. Orrissa Ltd. Creation Date: 07 Dec 2002 | ₹1.20 Cr | Satisfied |
How Many Employees Work at Orissa Magnetics?
Unlock and access historical data on people associated with Orissa Magnetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Orissa Magnetics, 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 Orissa Magnetics'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.
