Tandon Magnetics (India) Private Limited

Designs and manufactures magnetic recording head assemblies for various industries.

1978 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Tandon Magnetics (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.21 M
  • Company Age 46 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 55.65 Cr
  • Revenue Growth 26.78%
  • Profit Growth 59.65%
  • Ebitda -11.89%
  • Net Worth 0.62%
  • Total Assets 1.00%

About Tandon Magnetics (India)

Tandon Magnetics (India) Private Limited (TMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 March 1978 and has a history of 46 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.21 M.

The company has closed loans amounting to ₹55.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Veena Kumari and Sunil Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tandongroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32304MH1978PTC020174

  • Company No.

    020174

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1978

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Tandon Magnetics (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Veena Kumari Country flag representing In Director 26-Jun-1995Current
Sunil Shah Country flag representing In Director 18-Aug-2011Current

Financial Performance of Tandon Magnetics (India).

Tandon Magnetics (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.78% increase. The company also saw a substantial improvement in profitability, with a 59.65% increase in profit. The company's net worth moved up by a moderate rise of 0.62%.

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
26.78%
Revenue from Operations
Total Assets
1.00%
Profit or Loss
59.65%
Net Worth
0.62%
EBITDA
-11.89%

What is the Ownership and Shareholding Structure of Tandon Magnetics (India)?

In 2023, Tandon Magnetics (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)

Open Charges

₹0

Satisfied Charges

₹556.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 55.65 Cr

Latest Charge Details

DateLenderAmountStatus
08 Oct 2010State Bank Of India₹55.65 CrSatisfied

How Many Employees Work at Tandon Magnetics (India)?

Unlock and access historical data on people associated with Tandon Magnetics (India), 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 Tandon Magnetics (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 Tandon Magnetics (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 Tandon Magnetics (India)

Recent activity within the organization

  • Annual General Meeting

    Tandon Magnetics (India) Private Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Balance Sheet

    Tandon Magnetics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 08 Oct 2010 via Charge ID 10252093 with State Bank Of India was fully satisfied on 21 Sep 2021.

    21 Sep 2021

  • Charges

    A charge with State Bank Of India of Rs. 556.50 M registered on 08 Oct 2010 with Charge ID 10252093 was modified on 12 Mar 2020.

    12 Mar 2020

  • Director Appointment

    Sunil Kantilal Shah was appointed as a Director was appointed as a Director on 18 Aug 2011 & has been associated with this company since 13 years 6 months .

    18 Aug 2011

  • Charges

    A charge with State Bank Of India amounted to Rs. 556.50 M with Charge ID 10252093 was registered on 08 Oct 2010.

    08 Oct 2010

Recent News, Updates & Announcement

Frequently asked questions

  • Tandon Magnetics (India) Private Limited was incorporated on 01 Mar 1978.

  • The authorized share capital of Tandon Magnetics (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.21 M.

  • Currently 2 directors are associated with Tandon Magnetics (India) Private Limited.

    • Veena Tandon Kumari
    • Sunil Kantilal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tandon Magnetics (India) Private Limited is Unit No. 601 6Th Floor Floral Deck Plaza Midc Opp. Seepz, Andheri (East) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Tandon Magnetics (India) Private Limited is U32304MH1978PTC020174 and the company number is 020174 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tandon Magnetics (India) Private Limited is https://www.tandongroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tandon Magnetics (India) Private Limited has risen by 26.78%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tandon Magnetics (India) Private Limited has experienced an upsurge of 0.62%.

  • The most recent Balance Sheet for Tandon Magnetics (India) Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing