Zeltex Magnetics Private Limited

Manufacturer of auto parts for motor vehicles since 1988, based in Pune, Maharashtra.

1988 | Pune, Maharashtra (India) | Active
Last Updated: July 18, 2024

Zeltex Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.97 Cr
  • Satisfied Charges ₹ 3.65 M
  • Revenue Growth 193.05%
  • Profit Growth 122.86%
  • Ebitda -271.74%
  • Net Worth 186.44%
  • Total Assets -96.07%

About Zeltex Magnetics

Zeltex Magnetics Private Limited (ZMPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 March 1988 and has a history of 36 years and 11 months. Its registered office is in Pune, Maharashtra, India.

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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹4.97 Cr. The company has closed loans amounting to ₹3.65 M, as per Ministry of Corporate Affairs (MCA) records.

Milind Harkare, Madhuri Harkare, Sumeet Harkare, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29263MH1988PTC046390

  • Company No.

    046390

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Zeltex Magnetics Private Limited offer?

Zeltex Magnetics Private Limited offers a wide range of products and services, including Industrial Shafts, Metal Shaft, Gearbox, Axle, Sprocket & Gear Parts, Automotive Spare Parts, Shifter Lever, Automobile Fittings & Components, Automotive Shafts.

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

Executive Team (1)

Name Designation Appointment Date Status
Milind Harkare Country flag representing In Managing Director 13-May-1994 Current

Board Members (3)

Name Designation Appointment Date Status
Suyash Harkare Country flag representing In Director 29-Sep-2012 Current
Madhuri Harkare Country flag representing In Director 13-May-1994 Current
Sumeet Harkare Country flag representing In Director 12-Mar-2001 Current

Financial Performance of Zeltex Magnetics.

Zeltex Magnetics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 193.05% increase. The company also saw a substantial improvement in profitability, with a 122.86% increase in profit. The company's net worth Soared by an impressive increase of 186.44%.

Graph illustrating revenue growth over time
Graph showing 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
193.05%
Revenue from Operations
-60.38%
Total Assets
-96.07%
Profit or Loss
122.86%
Net Worth
186.44%
EBITDA
-271.74%

What is the Ownership and Shareholding Structure of Zeltex Magnetics?

In 2023, Zeltex 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

₹49.71 M

Satisfied Charges

₹3.65 M

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 3.15 Cr
  • Others : 1.82 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2020 Others ₹1.53 Cr Open
05 Oct 2018 Others ₹2.95 M Open
04 Dec 2012 Bank Of Maharashtra ₹1.35 Cr Open
04 Nov 2011 Bank Of Maharashtra ₹1.08 M Open
14 Sep 2010 Bank Of Maharashtra ₹1.15 M Open

How Many Employees Work at Zeltex Magnetics?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Zeltex Magnetics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 15.27 M with Charge ID 100322277 was registered on 30 Jan 2020.

    30 Jan 2020

  • Charges

    A charge with Others amounted to Rs. 2.95 M with Charge ID 100235459 was registered on 05 Oct 2018.

    05 Oct 2018

  • Charges

    A charge with Bank Of Maharashtra of Rs. 13.48 M registered on 17 Apr 2002 with Charge ID 90086084 was modified on 26 Nov 2015.

    26 Nov 2015

  • Charges

    A charge with Bank Of Maharashtra of Rs. 13.48 M registered on 04 Dec 2012 with Charge ID 10394172 was modified on 15 Oct 2015.

    15 Oct 2015

Frequently asked questions

  • Zeltex Magnetics Private Limited was incorporated on 03 Mar 1988.

  • The authorized share capital of Zeltex Magnetics Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Zeltex Magnetics Private Limited.

    • Milind Shantaram Harkare
    • Madhuri Milind Harkare
    • Sumeet Milind Harkare
    • Suyash Milind Harkare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Zeltex Magnetics Private Limited is Plot No W-179-As Block Midc Bhosari, Pune, Maharashtra, India, 411026.

  • The corporate identification number (CIN) of Zeltex Magnetics Private Limited is U29263MH1988PTC046390 and the company number is 046390 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Zeltex Magnetics Private Limited has risen by 193.05%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Zeltex Magnetics Private Limited has experienced an upsurge of 186.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Zeltex Magnetics Private Limited amount to ₹ 4.97 Cr.

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