Shree Magnets Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.78 M
- Company Age 26 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.40 Cr
- Satisfied Charges ₹ 8.48 Cr
- Revenue Growth 35.26%
- Profit Growth 35.41%
- Ebitda 70.67%
- Net Worth 13.80%
- Total Assets 18.93%
About Shree Magnets
Shree Magnets Private Limited (SMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 April 1998 and has a history of 26 years and nine months. Its registered office is in 24 Parganas, West Bengal, India.
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 5.00 M and a paid-up capital of Rs 2.78 M.
The company currently has active open charges totaling ₹4.40 Cr. The company has closed loans amounting to ₹8.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Uttam Sarda, Abhay Sarda, and Anita Sarda serve as directors at the Company.
Company Details
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Location
24 Parganas, 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
U29150WB1998PTC087037
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Company No.
087037
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Apr 1998
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Date of AGM
30 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
What products or services does Shree Magnets Private Limited offer?
Shree Magnets Private Limited offers a wide range of products and services, including Bar, Neodymium & Permanent Magnets, Ferrite Magnet, Neodymium Magnets.
Who are the key members and board of directors at Shree Magnets?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Uttam Sarda
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Director | 18-Feb-2012 | Current |
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Abhay Sarda
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Director | 16-Jan-2015 | Current |
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Anita Sarda
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Director | 28-Apr-1998 | Current |
Financial Performance of Shree Magnets.
Shree Magnets Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.26% increase. The company also saw a substantial improvement in profitability, with a 35.41% increase in profit. The company's net worth Soared by an impressive increase of 13.8%.
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What is the Ownership and Shareholding Structure of Shree Magnets?
In 2023, Shree Magnets had a promoter holding of 80.94% and a public holding of 19.06%. 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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Sarda Magnetics Private LimitedAnita Sarda is a mutual person
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Ece Technologies India LimitedUttam Sarda and Anita Sarda are mutual person
Charges (Loans)
₹44.03 M
₹84.80 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2021 | Hdfc Bank Limited | ₹0.48 M | Open |
| 09 Jul 2021 | Hdfc Bank Limited | ₹0.65 M | Open |
| 17 Nov 2018 | Hdfc Bank Limited | ₹4.29 Cr | Open |
| 13 Nov 2018 | Hdfc Bank Limited | ₹3.50 Cr | Satisfied |
| 15 Jan 2018 | Sidbi | ₹4.00 M | Satisfied |
How Many Employees Work at Shree Magnets?
Shree Magnets has a workforce of 48 employees as of Mar 29, 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 Shree Magnets, 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 Shree Magnets'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.
