Magellan Aerospace (Tumkur) Private Limited

Manufactures commercial aircraft parts in Tumkur, Karnataka since 2007.

2007 | Tumkur, Karnataka (India) | Active
Last Updated:

Magellan Aerospace (Tumkur) Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 23.53 Cr
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.52 Cr
  • Satisfied Charges ₹ 53.48 Cr
  • Revenue Growth 63.45%
  • Profit Growth 237.65%
  • Ebitda 1298.86%
  • Net Worth 17.15%
  • Total Assets 45.17%

About Magellan Aerospace (Tumkur)

Magellan Aerospace (Tumkur) Private Limited (MATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 2007 and has a history of 17 years and four months. Its registered office is in Tumkur, Karnataka, India.

The Corporate was formerly known as Triveni Aeronautics Private Limited. The Company is engaged in the Transport And Logistics 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 24.00 Cr and a paid-up capital of Rs 23.53 Cr.

The company currently has active open charges totaling ₹16.52 Cr. The company has closed loans amounting to ₹53.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Magellan Aerospace (Tumkur) Private Limited India is Adya Ojha as COMPANY SECRETARY. Shivakumar Malleshanna, Jasdeep Bevli, Prabhuram Kaushik, and Two other members serve as directors at the Company.

Company Details

  • Location

    Tumkur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35302KA2007PTC044563

  • Company No.

    044563

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics
Company report

Magellan Aerospace (Tumkur) Private Limited

Explore comprehensive data for Magellan Aerospace (Tumkur) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magellan Aerospace (Tumkur)?

Executive Team (1)

NameDesignationAppointment DateStatus
Adya Ojha Country flag representing In Company Secretary06-Nov-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Jason Addis Country flag representing Gb Nominee Director 28-Nov-2014Current
Jasdeep Bevli Country flag representing Ca Director 09-Jul-2013Current
Shivakumar Malleshanna Country flag representing In Director 04-Dec-2007Current
Prabhuram Kaushik Country flag representing In Nominee Director 05-Dec-2019Current
Prabhudeep Shivakumar Country flag representing In Director 01-Feb-2013Current

Financial Performance of Magellan Aerospace (Tumkur).

Magellan Aerospace (Tumkur) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.45% increase. The company also saw a substantial improvement in profitability, with a 237.65% increase in profit. The company's net worth Soared by an impressive increase of 17.15%.

Magellan Aerospace (Tumkur) revenue growth over time
Magellan Aerospace (Tumkur) 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
63.45%
Revenue from Operations
63.36%
Total Assets
45.17%
Profit or Loss
237.65%
Net Worth
17.15%
EBITDA
1298.86%

What is the Ownership and Shareholding Structure of Magellan Aerospace (Tumkur)?

In 2023, Magellan Aerospace (Tumkur) 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

₹16.52 Cr

Satisfied Charges

₹53.48 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 16.48 Cr
  • State Bank Of India : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2022State Bank Of India₹0.36 MOpen
19 Mar 2021The Hongkong And Shanghai Banking Corporation Limited₹0.80 MOpen
07 Jul 2020The Hongkong And Shanghai Banking Corporation Limited₹16.40 CrOpen
13 Apr 2015State Bank Of Mysore₹2.00 CrSatisfied
28 Jul 2014State Bank Of Mysore₹2.00 CrSatisfied

How Many Employees Work at Magellan Aerospace (Tumkur)?

Magellan Aerospace (Tumkur) has a workforce of 225 employees as of Apr 04, 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.

Employee growth trends for Magellan Aerospace (Tumkur) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magellan Aerospace (Tumkur), 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 Magellan Aerospace (Tumkur)'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 Magellan Aerospace (Tumkur)

Recent activity within the organization

  • Director Appointment

    Adya Ojha was appointed as a Company Secretary was appointed as a Company Secretary on 06 Nov 2024 & has been associated with this company since 5 months 8 days .

  • Annual General Meeting

    Magellan Aerospace (Tumkur) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magellan Aerospace (Tumkur) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.04 Cr with Charge ID 100666667 was registered on 23 Dec 2022.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.08 Cr with Charge ID 100441537 was registered on 19 Mar 2021.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 16.40 Cr registered on 07 Jul 2020 with Charge ID 100355523 was modified on 16 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Magellan Aerospace (Tumkur) Private Limited?

    Magellan Aerospace (Tumkur) Private Limited was incorporated on 04 Dec 2007.

  • What is authorized share capital and paid-up capital of Magellan Aerospace (Tumkur) Private Limited?

    The authorized share capital of Magellan Aerospace (Tumkur) Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 23.53 Cr.

  • Who are the current board members & directors of Magellan Aerospace (Tumkur) Private Limited?

    Currently 6 directors are associated with Magellan Aerospace (Tumkur) Private Limited.

    • Shivakumar Nanjundappa Malleshanna
    • Jasdeep Singh Bevli
    • Prabhuram Appu Kaushik
    • Prabhudeep Shivakumar
    • Jason Scott Addis
    • Adya Ojha

  • What is the registered address of Magellan Aerospace (Tumkur) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magellan Aerospace (Tumkur) Private Limited is No. 118 119 120 Antharasana Halli Ii Phase Kiadb Industrial Area, India, Tumkur, Karnataka, 572106.

  • What is the corporate identification number (CIN) and company number of Magellan Aerospace (Tumkur) Private Limited?

    The corporate identification number (CIN) of Magellan Aerospace (Tumkur) Private Limited is U35302KA2007PTC044563 and the company number is 044563 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magellan Aerospace (Tumkur) Private Limited?

    The Official website of Magellan Aerospace (Tumkur) Private Limited is https://www.magellan.aero

  • What has been the recent revenue trend for Magellan Aerospace (Tumkur) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magellan Aerospace (Tumkur) Private Limited has risen by 63.45%.

  • How many employees does Magellan Aerospace (Tumkur) Private Limited currently have?

    As Per 2023 financial reports, 225 employees are currently employed by Magellan Aerospace (Tumkur) Private Limited.

  • What change has been observed in the net worth of Magellan Aerospace (Tumkur) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magellan Aerospace (Tumkur) Private Limited has experienced an upsurge of 17.15%.

  • What are the total open charges for Magellan Aerospace (Tumkur) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magellan Aerospace (Tumkur) Private Limited amount to ₹ 16.52 Cr.

  • When was the last Balance Sheet of Magellan Aerospace (Tumkur) Private Limited filed with the ROC?

    The most recent Balance Sheet for Magellan Aerospace (Tumkur) Private Limited was filed with the ROC on 31 Mar 2024.

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