Visible Magnetics Private Limited

Manufactures permanent magnets and provides job work for components and machinery.

2001 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Visible Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.87 M
  • Company Age 24 Year, 13 Days
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 0.20 M
  • Revenue Growth %
  • Profit Growth 60.13%
  • Ebitda -88.30%
  • Net Worth -3.46%
  • Total Assets -8.16%

About Visible Magnetics

Visible Magnetics Private Limited (VMPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2001 and has a history of 24 years. Its registered office is in Tiruvallur, Tamil Nadu, 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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.87 M.

The company has closed loans amounting to ₹0.20 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chidambaram Muthukumar, Venkatasubramanian Chitra, Muthukumar Krishant, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31904TN2001PTC047095

  • Company No.

    047095

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2001

  • Date of AGM

    28 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment
Company report

Visible Magnetics Private Limited

Explore comprehensive data for Visible Magnetics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Chidambaram Muthukumar Country flag representing In Managing Director11-May-2001Current

Board Members (3)

NameDesignationAppointment DateStatus
Venkatasubramanian Chitra Country flag representing In Director 11-May-2001Current
Muthukumar Krishant Country flag representing In Director 04-Jun-2018Current
Subiksha Venkat Country flag representing In Director 04-Jun-2018Current

Financial Performance of Visible Magnetics.

Visible Magnetics Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 60.13% increase in profit. The company's net worth dipped by a decrease of 3.46%.

Visible Magnetics revenue growth over time
Visible 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
Revenue from Operations
Total Assets
-8.16%
Profit or Loss
60.13%
Net Worth
-3.46%
EBITDA
-88.30%

What is the Ownership and Shareholding Structure of Visible Magnetics?

In 2019, Visible 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)

Open Charges

₹0

Satisfied Charges

₹0.20 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2001Canara Bank₹0.20 MSatisfied

How Many Employees Work at Visible Magnetics?

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

Employee growth trends for Visible Magnetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Visible 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 Visible 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 Visible Magnetics

Recent activity within the organization

  • Charges

    A charge registered on 20 Oct 2001 via Charge ID 90286411 with Canara Bank was fully satisfied on 28 Mar 2023.

  • Annual General Meeting

    Visible Magnetics Private Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Visible Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

  • Director Appointment

    Muthukumar Tharun Krishant was appointed as a Director was appointed as a Director on 04 Jun 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Subiksha Venkat was appointed as a Director was appointed as a Director on 04 Jun 2018 & has been associated with this company since 6 years 11 months .

  • Charges

    A charge with Canara Bank amounted to Rs. 0.20 M with Charge ID 90286411 was registered on 20 Oct 2001.

Frequently asked questions

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

    Visible Magnetics Private Limited was incorporated on 11 May 2001.

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

    The authorized share capital of Visible Magnetics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.87 M.

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

    Currently 4 directors are associated with Visible Magnetics Private Limited.

    • Chidambaram Muthukumar
    • Venkatasubramanian Chitra
    • Muthukumar Tharun Krishant
    • Subiksha Venkat
  • What is the registered address of Visible Magnetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Visible Magnetics Private Limited is No.20 Balaji Nagar Padi, Chennai India, Chennai 600050, Tamil Nadu.

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

    The corporate identification number (CIN) of Visible Magnetics Private Limited is U31904TN2001PTC047095 and the company number is 047095 as per Ministry of Corporate Affairs (MCA).

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Visible Magnetics Private Limited has experienced an downturn of -3.46%.

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

    The most recent Balance Sheet for Visible Magnetics Private Limited was filed with the ROC on 31 Mar 2022.

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