Magellan Aerospace (Tumkur) Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 23.53 Cr
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- 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 two 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 2023. 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 Kasapura Leela as COMPANY SECRETARY. Prabhuram Kaushik, Jason Addis, Prabhudeep Shivakumar, 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
13 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Magellan Aerospace (Tumkur)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kasapura Leela | Company Secretary | 26-Apr-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jason Addis  | Nominee Director | 28-Nov-2014 | Current |
Jasdeep Bevli  | Director | 09-Jul-2013 | Current |
Prabhuram Kaushik  | Nominee Director | 05-Dec-2019 | Current |
| Prabhudeep Shivakumar | Director | 01-Feb-2013 | Current |
| Shivakumar Malleshanna | Director | 04-Dec-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Aerospace Processing India Private LimitedJason Addis is a mutual person
Magellan Aerospace (Bangalore) Private LimitedJason Addis and Jasdeep Bevli are mutual person
- Andtil Foods Private Limited
Prabhudeep Shivakumar is a mutual person
- Andtil Hospitalities Private Limited
Prabhudeep Shivakumar is a mutual person
- Andtil Technologies Private Limited
Prabhudeep Shivakumar is a mutual person
- Happy Destination Travel Management Private Limited
Prabhudeep Shivakumar is a mutual person
Charges (Loans)
₹16.52 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2022 | State Bank Of India | ₹0.36 M | Open |
| 19 Mar 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹0.80 M | Open |
| 07 Jul 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹16.40 Cr | Open |
| 13 Apr 2015 | State Bank Of Mysore | ₹2.00 Cr | Satisfied |
| 28 Jul 2014 | State Bank Of Mysore | ₹2.00 Cr | Satisfied |
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.
Deals i
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
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.
