Mag Engineering Private Limited
About Mag Engineering Private Limited
Data last updated:
Mag Engineering Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal fabrication segment of the fabrication and metalwork sector. It was incorporated on 08 May 1986.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U28999DL1986PTC248633.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.09 Cr. It was led by directors including Arvind Joshi and Gurvinder Singh Jeet.
Its last annual general meeting (AGM) was held on 06 June 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at C – 101A Ansal Plaza Khelgaon Marg Hudco Place, New Delhi, Delhi, India – 110029.
The company had about 196 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in August 2012.
Company details
CIN history
Mag Engineering has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28999DL1986PTC248633, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28999DL1986PTC248633 | Current |
| U28999KA1986PTC007600 | Previous |
| U85110KA1986PTC007600 | Previous |
Contact details
Mag Engineering Private Limited's registered office is in New Delhi, Delhi.
- Registered AddressC – 101A Ansal Plaza Khelgaon Marg Hudco Place, New Delhi, Delhi, India – 110029
- IndustryFabrication, Metal Fabricated Products, Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Mag Engineering Private Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Mag Engineering Private Limited, buy the company report.
Board of directors of Mag Engineering Private Limited
Mag Engineering has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Joshi Also directs: Moon Beverages Limited | Additional Director | 02 Aug 2012 | 14 Years 3 Months | As last reported |
| Gurvinder Singh Jeet Also directs: Sandhar Technologies Limited, Sandhar Han Sung Technologies Private Limited, Sandhar Auto Castings Private Limited and 5 more | Additional Director | 02 Aug 2012 | 14 Years 3 Months | As last reported |
| Ashok Doddaballapur Krishnamurthy | Additional Director | 02 Aug 2012 | 14 Years 3 Months | As last reported |
Deals & funding
Mag Engineering Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in August 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2012 | Acquisition | ₹70.67 Cr | Buyer: Sandhar Technologies Limited |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mag Engineering Private Limited has 9 court cases on record: 6 filed by Mag Engineering, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 4 | 3 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Baghpat, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, BENGALURU, Karnataka | Court case (P and SC) | Filed against the company by individuals | Disposed |
| High Court of Delhi | Court case (CO.APPL.(M)) | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Registrar of Trade Unions | Disposed |
To see the full case history of Mag Engineering Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mag Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mag Engineering Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mag Engineering Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Arvind Joshi was appointed as Additional Director on 02 Aug 2012.
Frequently asked questions
Mag Engineering has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mag Engineering was a private limited company based in New Delhi, Delhi, India. The company worked in metal fabricated products, within the fabrication industry. It was incorporated on 08 May 1986 and is registered under CIN U28999DL1986PTC248633. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mag Engineering was incorporated on 08 May 1986. It is registered with the Registrar of Companies, Delhi.
Mag Engineering had 3 directors:
- Arvind Joshi - Additional Director
- Gurvinder Singh Jeet - Additional Director
- Ashok Doddaballapur Krishnamurthy - Additional Director
The CIN (Corporate Identification Number) of Mag Engineering is U28999DL1986PTC248633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mag Engineering is at C – 101A Ansal Plaza Khelgaon Marg Hudco Place, New Delhi, Delhi, India – 110029.
The latest financial statements of Mag Engineering on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 06 June 2012. Year-wise statements from 2015 are in the company report.
Mag Engineering operated in the fabrication industry, in the metal fabricated products segment.
Mag Engineering has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in August 2012.
Mag Engineering has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the high courts.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
