About Mags Impex
Mags Impex was a Transportation, Automotive & Logistics company based in Kolkata (India) founded in 1992 by Alok Sen. It provides comprehensive air and sea freight forwarding services for efficient global shipping. It operates on a B2B model. Its Indian entity Mags Impex (Shipping) Pvt Ltd reported revenue of ₹1.59 Cr. The company is recorded as dissolved. Its focus areas include Transportation and Logistics, Logistics Services, Freight Forwarding and Air and Sea Transport. Its competitors include Transworld, BLR Logistics and TM International Logistics Limited; 1 of its 3 listed competitors has raised funding.
Company details
Mags Impex provides comprehensive air and sea freight forwarding services for efficient global shipping, focusing on transportation and logistics, offering logistics services, offering freight forwarding, and air and sea transport. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Kolkata, India
- Founders Alok Sen
- SectorsTransportation, Automotive & Logistics
- Website magsgroup.co.in
- Social X
- Legal Name Mags Impex (Shipping) Pvt Ltd
- Date of Incorporation 29 Oct, 1992
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹1.59 Cr
FY 2024 · +83% YoY
- Net Profit₹1.8 Lakh
FY 2024 · 1% margin
- EBITDA₹10 Lakh
FY 2024 · 6% margin
Associated legal entities of Mags Impex
Mags Impex operates through Mags Impex (Shipping) Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mags Impex (Shipping) Pvt Ltd CIN U61200WB1992PTC056882 | Active | 29 Oct 1992 | Kolkata, West Bengal | ₹1.6 Cr | 3 | View details |
Board of directors of Mags Impex (Shipping) Pvt Ltd (Mags Impex)
Mags Impex (Shipping) Pvt Ltd is the primary company behind Mags Impex. The board of Mags Impex (Shipping) Pvt Ltd currently have 3 directors; the longest-serving is Alok Sen, appointed in 1998. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alok Sen DIN 00475552 | Managing Director | 20 Sep 1998 | 28 yrs 1 mo | Mags Impex (Shipping) Pvt Ltd |
| Bipasha Sen DIN 01334452 | Director | 09 Feb 2007 | 19 yrs 8 mo | Mags Impex (Shipping) Pvt Ltd |
| Ayan Sen DIN 02824847 | Director | 16 Nov 2009 | 16 yrs 11 mo | Mags Impex (Shipping) Pvt Ltd |
People of Mags Impex
1 people are tracked at Mags Impex (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, Managing Director | Leadership |
Complete people profiles for Mags Impex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Mags Impex
Figures of Mags Impex (Shipping) Pvt Ltd, the primary company behind Mags Impex, for FY 2024. Revenue was ₹1.59 Cr (+83% year on year). Net profit was ₹1.8 Lakh (1% margin). EBITDA was ₹10 Lakh (6% margin). Revenue has grown at a compounded annual rate of +18% over three years and -8% over five years.
- ₹1.59 CrRevenue · FY 2024 · +83% YoY
- ₹1.8 LakhNet profit · 1% margin
- ₹10 LakhEBITDA · 6% margin
- ₹2.6 LakhPaid-up capital
- +18%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mags Impex (Shipping) Pvt Ltd are on its company page.
Detailed financial statements for Mags Impex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Mags Impex
Mags Impex has 3 listed competitors in our database, 1 of them funded. They include Transworld, BLR Logistics and TM International Logistics Limited.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| transworld.com | 1977 | Mumbai, India | 43 | Provider of shipping and maritime services | ||
| blrlogistiks.com | 1968 | Mumbai, India | $12.71M | 658 | Air and ocean freight forwarding services are provided internationally. | |
| tmilltd.com | 2002 | Kolkata, India | 308 | Air and ocean freight forwarding services are provided internationally. |
Detailed competitors of Mags Impex
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Air Cargo
2 companies that operate in the same segment as Mags Impex (Air Cargo) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
International air cargo logistics are operated through global hubs. | 2021 | Chennai, Tamil Nadu, India | USD 62.14 M | 73 | ||
Delivers air freight forwarding services. | 1996 | Chennai, Tamil Nadu, India | USD 142.29 M | 1,337 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Mags Impex
Mags Impex was founded in 1992.
Mags Impex is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Mags Impex, Mags Impex (Shipping) Pvt Ltd, reported revenue of ₹1.59 Cr for FY 2024, up 83% year on year.
Mags Impex provides comprehensive air and sea freight forwarding services for efficient global shipping, focusing on transportation and logistics, offering logistics services, offering freight forwarding, and air and sea transport. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Mags Impex's top competitors include Transworld, TM International Logistics Limited and BLR Logistics.
Mags Impex operates through Mags Impex (Shipping) Pvt Ltd.
The legal entities of Mags Impex currently have 3 directors, including Alok Sen, Bipasha Sen, Ayan Sen.