About Dura Magnets Pvt Ltd
Data last updated: 11 March 2026
Dura Magnets Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 17 July 1980, the company has been in operation for over 46 years.
Registered with ROC Pune under CIN U31904MH1980PTC022854.
Capital: an authorised share capital of ₹56 Lakh and a paid-up capital of ₹9.25 Lakh. It is led by directors including Vidya Sudhir Bhat and Ravindra Chintaman Mahabaleshwarkar.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 2/5 Joshi Apartmenterandwane Opp Karve Rd, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.34 Cr, a decline of 5% compared to the previous year.
The company is associated with 2 brands - Dura Magnets Pvt Ltd, Dura Magnets. As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹15.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website duramagnets.com.
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Registered Address2/5 Joshi Apartmenterandwane Opp Karve Rd, Pune, Maharashtra, India – 411004
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IndustryMachinery and Equipment, Industrial Tools & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Dura Magnets Pvt Ltd
Dura Magnets Pvt Ltd operates two associated brands: Dura Magnets Pvt Ltd and Dura Magnets. These brands represent Dura Magnets Pvt Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of permanent magnets in India. | duramagnets.com | |
| Manufacturing of permanent magnets and related components in India. | neodymiummagnets.in |
Business Activity of Dura Magnets Pvt Ltd
Dura Magnets Pvt Ltd is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Dura Magnets Pvt Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Dura Magnets Pvt Ltd
Dura Magnets Pvt Ltd is audited by SURESH V RANADE AND CO for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURESH V RANADE AND CO | Locked | Locked | Locked |
Complete auditor history for Dura Magnets Pvt Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Dura Magnets Pvt Ltd
Dura Magnets Pvt Ltd is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidya Sudhir Bhat | Director | 25 Feb 2015 | 11 Years 5 Months | Current |
| Ravindra Chintaman Mahabaleshwarkar | Director | 29 Oct 2021 | 4 Years 9 Months | Current |
| Keyur Sudhir Bhat | Managing Director | 01 Jul 2017 | 9 Years 1 Months | Current |
Financials of Dura Magnets Pvt Ltd FY 2025 filings available
Dura Magnets Pvt Ltd reported revenue of ₹11.34 Cr (down 5.00% YoY) for FY 2024.
Ten-year financial statements for Dura Magnets Pvt Ltd
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Dura Magnets Pvt Ltd
Shareholding and ownership data for Dura Magnets Pvt Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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Charges & Borrowings of Dura Magnets Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2025 | Axis Bank Limited | ₹1.8 Cr | Open |
| 26 Mar 2025 | Axis Bank Limited | ₹3 Cr | Open |
| 21 Mar 2024 | Axis Bank Limited | ₹4.25 Cr | Satisfied |
| 25 Mar 2022 | Axis Bank Limited | ₹2.18 Cr | Satisfied |
| 09 Mar 2022 | Axis Bank Limited | ₹2.34 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Dura Magnets Pvt Ltd
View historical data on people associated with Dura Magnets Pvt Ltd, including employment history and EPFO contributions.
Employee and EPFO history for Dura Magnets Pvt Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Dura Magnets Pvt Ltd
GST registrations and filing compliance for Dura Magnets Pvt Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Dura Magnets Pvt Ltd
Credit ratings, litigation, and regulatory alerts for Dura Magnets Pvt Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Dura Magnets Pvt Ltd
MSME payment history for Dura Magnets Pvt Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Dura Magnets Pvt Ltd
Corporate group structure for Dura Magnets Pvt Ltd
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Dura Magnets Pvt Ltd
MCA filings and documents for Dura Magnets Pvt Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Dura Magnets Pvt Ltd
Frequently Asked Questions about Dura Magnets Pvt Ltd
Dura Magnets Pvt Ltd is an active private limited company in the machinery and equipment sector based in Pune, Maharashtra, India. It was incorporated on 17 July 1980 (46+ years old) and is registered under CIN U31904MH1980PTC022854.
Dura Magnets Pvt Ltd reported revenue of ₹11.34 Cr for FY 2024 (down 5.00% YoY).
The current directors of Dura Magnets Pvt Ltd are:
- Vidya Sudhir Bhat - Director
- Ravindra Chintaman Mahabaleshwarkar - Director
- Keyur Sudhir Bhat - Managing Director
The primary industry of Dura Magnets Pvt Ltd is machinery and equipment. The company specifically operates in industrial tools and components. The company is currently active in this sector.
Dura Magnets Pvt Ltd can be reached at the registered office: 25 Joshi Apartmenterandwane Opp Karve Rd, Pune, Maharashtra, India – 411004, or through the website duramagnets.com.
The authorised capital is ₹56 Lakh, and the paid-up capital is ₹9.25 Lakh.