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Magna Wires Pvt Ltd loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Magna Wires Pvt Ltd has 5 charges registered with the Registrar of Companies: 3 open charges worth Rs 30.22 Cr and 2 satisfied charges worth Rs 12.46 Cr. The largest open charges are held by Axis Bank Limited and Hdfc Bank Limited. The most recent charge was created on 18 Feb 2025 in favour of Hdfc Bank Limited for Rs 1.57 M and is open.

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 22.16 Cr
  • Hdfc Bank Limited : 8.06 Cr

₹30.22 crore

₹12.46 crore

3

Axis Bank Limited

Creation

18 Feb 2025

₹0.16 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90180235 View DetailsState Bank Of India₹ 11.31 18 Jan 200008 Mar 201111 Jun 2012 Satisfied 113100000.0
90179878 View DetailsState Bank Of India₹ 1.15 21 Apr 1997-11 Jun 2012 Satisfied 11500000.0
101051267 View DetailsHdfc Bank Limited₹ 0.16 18 Feb 2025-- Open 1565000.0
100951268 View DetailsAxis Bank Limited₹ 22.16 20 Jun 2024-- Open 221600000.0
10325913 View DetailsHdfc Bank Limited₹ 7.90 21 Dec 201109 Feb 2021- Open 79005885.0
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Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

Verified entity values are shown only after access is granted.

A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.