Magellan Aerospace (Tumkur) Private Limited

Magellan Aerospace (Tumkur) Private Limited

Manufactures commercial aircraft parts in Tumkur, Karnataka since 2007.
2007 | Tumkur, Karnataka (India) | Active

Last Updated:

July 06, 2024
HomeCompanyMagellan Aerospace (Tumkur) Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kasapura LeelaCompany Secretary26-Apr-2021Current

Board Members(5)

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

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

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Charges (Loans)

Open Charges Satisfied Charges

₹16.52 Cr

₹53.48 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 23 Dec 2022
₹0.36 MOpen

The Hongkong And Shanghai Banking Corporation Limited

Creation Date: 19 Mar 2021
₹0.80 MOpen

The Hongkong And Shanghai Banking Corporation Limited

Creation Date: 07 Jul 2020
₹16.40 CrOpen

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 Graph

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Latest Updates, News, and FAQs on Magellan Aerospace (Tumkur)

Recent activity within the organization

  • Annual General Meeting

    Magellan Aerospace (Tumkur) Private Limited last Annual general meeting of members was held on 13 Sep 2023 as per latest MCA records.

    13 Sep 2023

  • Balance Sheet

    Magellan Aerospace (Tumkur) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

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

    23 Dec 2022

  • Director Appointment

    Kasapura Shivashankar Leela was appointed as a Company Secretary was appointed as a Company Secretary on 26 Apr 2021 & has been associated with this company since 3 years 6 months .

    26 Apr 2021

  • 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.

    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.

    16 Oct 2020

Frequently asked questions

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

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

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

    • Prabhuram Appu Kaushik
    • Kasapura Shivashankar Leela
    • Jason Scott Addis
    • Prabhudeep Shivakumar
    • Jasdeep Singh Bevli
    • Shivakumar Nanjundappa Malleshanna
  • 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, Tumkur, Karnataka, India, 572106.

  • 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).

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Magellan Aerospace (Tumkur) Private Limited was filed with the ROC on 31 Mar 2023.

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