Magna Electronics India Profile
Key Indicators
- Authorised Capital ₹ 140.00 Cr
as on 31-07-2024
- Paid Up Capital ₹ 140.00 Cr
as on 31-07-2024
- Company Age 6 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -0.92%
(FY 2023)
- Profit -1.90%
(FY 2023)
- Ebitda -32.77%
(FY 2023)
- Net Worth -20.59%
(FY 2023)
- Total Assets -10.74%
(FY 2023)
About Magna Electronics India
The Corporate was formerly known as New Ele Ab Autoliv India Private Limited. The Company is engaged in the Automotive 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 140.00 Cr and a paid-up capital of Rs 140.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magna Electronics India Private Limited India is Navin Agarwal as COMPANY SECRETARY. John Rogers, Navin Dhaka, and Andreas Deimel serve as directors at the Company.
- CIN/LLPIN
U35923KA2017FTC108947
- Company No.
108947
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
26 Dec 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Nagavara, Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Magna Electronics India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navin Dhaka  | Managing Director | 30-Mar-2018 | Current |
| Navin Agarwal | Company Secretary | 12-Jul-2018 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| John Rogers | Additional Director | 23-Feb-2024 | Current |
Andreas Deimel  | Director | 01-Sep-2023 | Current |
Financial of Magna Electronics India.
Magna Electronics India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.92% decrease. The company also saw a slight decrease in profitability, with a 1.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Magna Electronics India?
In 2023, Magna Electronics 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.
Related Corporates (Common Directorship)
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magna Electronics India?
Magna Electronics India has a workforce of 413 employees as of Apr 06, 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 Magna Electronics 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 Magna Electronics India'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.
