Underground Magnetics Private Limited

Manufactures and trades machinery and parts, including transmitters and wirelines. Provides services for various sectors.

2016 | Faridabad, Haryana (India) | Active
Last Updated:

Underground Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 34.44%
  • Profit Growth 17.25%
  • Ebitda 7.91%
  • Net Worth 15.57%
  • Total Assets 13.84%

About Underground Magnetics

Underground Magnetics Private Limited (UMPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 28 September 2016 (Eight years and five months 5 days old ). Its registered office is in Faridabad, Haryana, 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 20.00 Cr and a paid-up capital of Rs 10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Underground Magnetics Private Limited India is Richa Goyal as COMPANY SECRETARY. Jian Jin, Rajeev Gupta, and Michael Young serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999HR2016FTC065935

  • Company No.

    065935

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    28 Sep 2016

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Consumer Electronics & Durables

What products or services does Underground Magnetics Private Limited offer?

Underground Magnetics Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Batteries, Drilling & Boring Equipment, Drilling Equipment, Battery Cells.

Who are the key members and board of directors at Underground Magnetics?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajeev Gupta Country flag representing In Managing Director01-Jan-2017Current
Richa Goyal Company Secretary01-Jan-2017Current

Board Members (2)

NameDesignationAppointment DateStatus
Jian Jin Country flag representing Us Director 28-Sep-2016Current
Michael Young Country flag representing Us Director 18-May-2022Current

Financial Performance of Underground Magnetics.

Underground Magnetics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.44% increase. The company also saw a substantial improvement in profitability, with a 17.25% increase in profit. The company's net worth Soared by an impressive increase of 15.57%.

Underground Magnetics revenue growth over time
Underground Magnetics 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
34.44%
Revenue from Operations
34.59%
Total Assets
13.84%
Profit or Loss
17.25%
Net Worth
15.57%
EBITDA
7.91%

What is the Ownership and Shareholding Structure of Underground Magnetics?

In 2023, Underground Magnetics 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Underground Magnetics?

Unlock and access historical data on people associated with Underground Magnetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Underground Magnetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Underground Magnetics, 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 Underground Magnetics'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 Underground Magnetics

Recent activity within the organization

  • Annual General Meeting

    Underground Magnetics Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Underground Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Michael David Young was appointed as a Director was appointed as a Director on 18 May 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Rajeev Gupta was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2017 & has been associated with this company since 8 years 2 months .

  • Director Appointment

    Richa Goyal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2017 & has been associated with this company since 8 years 2 months .

  • Director Appointment

    Jian Jin was appointed as a Director was appointed as a Director on 28 Sep 2016 & has been associated with this company since 8 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Underground Magnetics Private Limited?

    Underground Magnetics Private Limited was incorporated on 28 Sep 2016.

  • What is authorized share capital and paid-up capital of Underground Magnetics Private Limited?

    The authorized share capital of Underground Magnetics Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Who are the current board members & directors of Underground Magnetics Private Limited?

    Currently 4 directors are associated with Underground Magnetics Private Limited.

    • Jian Jin
    • Rajeev Gupta
    • Michael David Young
    • Richa Goyal

  • What is the registered address of Underground Magnetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Underground Magnetics Private Limited is 501 506 5Th Floor, The Pinnacle Business Tower Shooting Range Road India, Suraj Kund, Haryana, 121009.

  • What is the corporate identification number (CIN) and company number of Underground Magnetics Private Limited?

    The corporate identification number (CIN) of Underground Magnetics Private Limited is U74999HR2016FTC065935 and the company number is 065935 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Underground Magnetics Private Limited?

    The Official website of Underground Magnetics Private Limited is https://www.undergroundmagnetics.co.in

  • What has been the recent revenue trend for Underground Magnetics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Underground Magnetics Private Limited has risen by 34.44%.

  • What change has been observed in the net worth of Underground Magnetics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Underground Magnetics Private Limited has experienced an upsurge of 15.57%.

  • When was the last Balance Sheet of Underground Magnetics Private Limited filed with the ROC?

    The most recent Balance Sheet for Underground Magnetics Private Limited was filed with the ROC on 31 Mar 2023.

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