Asian Magnetic Devices Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Kolkata, West Bengal, India, established in 1988.
1988 Kolkata, West Bengal, India Amalgamated
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About Asian Magnetic Devices Private Limited

Asian Magnetic Devices Private Limited, a amalgamated private limited company, was established on 25 May 1988 in Kolkata, West Bengal, India. Engaging in electronics manufacturing within the consumer electronics & durables sector, it holds CIN: U32109WB1988PTC095530. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹4.00 M.

It upholds a compliant status. Employing 23 professional, Its leadership includes Gaurav Sethia (Director), Rakesh Sethia (Director). Past directors included Sumit Sethia, Vikas Sethia, Gaurav Sethia. It holds no open charges and ₹2.05 Cr settled loans. Its latest AGM occurred on 27 September 2019, with the balance sheet filed on 31 March 2019. It is based at 143 Cotton Street, Kolkata, West Bengal, 700007.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U32109WB1988PTC095530

  • Registration Number

    095530

  • Incorporation Date

    25 May 1988

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹4.00 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 2.05 Cr
  • Revenue Growth **** -21.85%
  • Profit Growth **** -39.38%
  • Ebitda **** -47.62%
  • Net Worth 7.60%
  • Total Assets -8.26%
Company report

Asian Magnetic Devices Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Asian Magnetic Devices Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asian Magnetic Devices Private Limited?
Current Directors
Name Designation Appointment Date Status
Gaurav Sethia Director 02 Dec 2013 Current
Rakesh Sethia Director 25 May 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Sep 2007 Past
Pramod Abcsdd Director 15 Mar 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Director 30 Sep 2007 Past
Pramod Abcsdd Director 29 Aug 2008 Past

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Financial Performance of Asian Magnetic Devices.

Asian Magnetic Devices Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 21.85% decrease. The company also saw a substantial fall in profitability, with a 39.38% decrease in profit. The company's net worth moved up by a moderate rise of 7.6%.

Asian Magnetic Devices revenue growth over time
Asian Magnetic Devices profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -21.85%
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*******
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Revenue from Operations
*******
 -21.82%
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*******
*******
*******
Total Assets
*******
 -8.26%
*******
*******
*******
*******
Profit or Loss
*******
 -39.38%
*******
*******
*******
*******
Net Worth
*******
 7.60%
*******
*******
*******
*******
EBITDA
*******
 -47.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Asian Magnetic Devices?

In 2017, Asian Magnetic Devices had a promoter holding of 41.50% and a public holding of 58.50%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹20,500,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 1.05 Cr
  • Pyramid Finance Ltd : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
11 Sep 2008 Pyramid Finance Ltd ₹1.00 Cr Satisfied
23 Mar 1998 State Bank Of India ₹1.05 Cr Satisfied

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How Many Employees Work at Asian Magnetic Devices?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asian Magnetic Devices, 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 Asian Magnetic Devices'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.

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Latest Updates, News, and FAQs on Asian Magnetic Devices
Recent Activity within the Organization
  • Annual General Meeting

    The activity Asian Magnetic Devices Private Limited last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Asian Magnetic Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Kolkata. was documented.

  • Director Appointment

    Gaurav Sethia was appointed as a Director was appointed as a Director on 02 Dec 2013 & has been associated with this company since 12 years 2 months . was recorded as a recent event.

  • Charges

    The activity A charge registered on 23 Mar 1998 via Charge ID 90254981 with State Bank Of India was fully satisfied on 14 Jul 2011. was completed.

  • Charges

    Progress on A charge registered on 11 Sep 2008 via Charge ID 10126309 with Pyramid Finance Ltd was fully satisfied on 25 Oct 2010. was documented.

  • Charges

    Progress on A charge with Pyramid Finance Ltd amounted to Rs. 10.00 M with Charge ID 10126309 was registered on 11 Sep 2008. was documented.

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Frequently Asked Questions
What is the CIN of Asian Magnetic Devices Private Limited?

The CIN of Asian Magnetic Devices Private Limited is U32109WB1988PTC095530.

Where is Asian Magnetic Devices Private Limited headquartered?

Asian Magnetic Devices Private Limited is headquartered at 143 Cotton Street, Kolkata, West Bengal, 700007.

When was Asian Magnetic Devices Private Limited incorporated?

Asian Magnetic Devices Private Limited was incorporated on 25 May 1988.

Who are the current directors of Asian Magnetic Devices Private Limited?

The current directors of Asian Magnetic Devices Private Limited are

What is the primary industry of Asian Magnetic Devices Private Limited?

The primary industry of Asian Magnetic Devices Private Limited is Consumer Electronics & Durables.

Is Asian Magnetic Devices Private Limited a listed company?

Asian Magnetic Devices Private Limited is unlisted.

What is the capital structure of Asian Magnetic Devices Private Limited?

The authorized capital of Asian Magnetic Devices Private Limited is ₹7.50 M, and the paid-up capital is ₹4.00 M.

What is the compliance status of Asian Magnetic Devices Private Limited?

The compliance status of Asian Magnetic Devices Private Limited is Compliant.

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