Mag Communications Private Limited - Company Profile

It is a media and publishing private limited company based in Bangalore, Karnataka, India, established in 1998.
1998 Bangalore, Karnataka, India Active
Last Updated:
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About Mag Communications Private Limited

Mag Communications Private Limited, a active private limited company, was established on 29 May 1998 in Bangalore, Karnataka, India. Engaging in advertising agencies & media services within the information and communication sector, it holds CIN: U74300KA1998PTC029470. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.20 M.

It upholds a compliant status. Its leadership includes Ramesh Shivaji Magar (Director), Ashwini Magar (Director). It holds ₹4.50 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 140/13, 27Th Cross, 13Th Main,3Rd Block, Jayanagar Bangalore, Bangalore, Karnataka, 560011.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74300KA1998PTC029470

  • Registration Number

    029470

  • Incorporation Date

    29 May 1998

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.20 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 Cr
  • Revenue Growth **** -41.77%
  • Profit Growth **** -2368.62%
  • Ebitda **** -369.95%
  • Net Worth -325.37%
  • Total Assets -68.26%
Company report

Mag Communications Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mag Communications 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 Mag Communications Private Limited?
Current Directors
Name Designation Appointment Date Status
Ramesh Shivaji Magar Director 29 May 1998 Current
Ashwini Magar Director 29 May 1998 Current

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Financial Performance of Mag Communications.

Mag Communications Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.77% decrease. The company also saw a substantial fall in profitability, with a 2368.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 325.37%.

Mag Communications revenue growth over time
Mag Communications 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
********
 -41.77%
*******
*******
*******
*******
Revenue from Operations
*******
 -41.36%
*******
*******
*******
*******
Total Assets
*******
 -68.26%
*******
*******
*******
*******
Profit or Loss
*******
 -2368.62%
*******
*******
*******
*******
Net Worth
*******
 -325.37%
*******
*******
*******
*******
EBITDA
*******
 -369.95%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mag Communications?

Unlock access to Mag Communications's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹45,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 2.30 Cr
  • State Bank Of Mysore : 2.20 Cr
Latest Charge Details
Date Lender Amount Status
03 Sep 2002 State Bank Of Mysore ₹2.20 Cr Open
03 Sep 2002 Others ₹2.30 Cr Open

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How Many Employees Work at Mag Communications?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Mag Communications
Recent Activity within the Organization
  • Annual General Meeting

    Mag Communications Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Mag Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    A charge with Others of Rs. 23.00 M registered on 03 Sep 2002 with Charge ID 90200747 was modified on 27 Jan 2017. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of Mysore of Rs. 22.00 M registered on 03 Sep 2002 with Charge ID 90198169 was modified on 30 May 2015. was completed.

  • Charges

    A charge with State Bank Of Mysore amounted to Rs. 22.00 M with Charge ID 90198169 was registered on 03 Sep 2002. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 23.00 M with Charge ID 90200747 was registered on 03 Sep 2002. was documented.

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Frequently Asked Questions
What is the CIN of Mag Communications Private Limited?

The CIN of Mag Communications Private Limited is U74300KA1998PTC029470.

Where is Mag Communications Private Limited headquartered?

Mag Communications Private Limited is headquartered at 140/13, 27Th Cross, 13Th Main,3Rd Block, Jayanagar Bangalore, Bangalore, Karnataka, 560011.

When was Mag Communications Private Limited incorporated?

Mag Communications Private Limited was incorporated on 29 May 1998.

Who are the current directors of Mag Communications Private Limited?

The current directors of Mag Communications Private Limited are

What is the primary industry of Mag Communications Private Limited?

The primary industry of Mag Communications Private Limited is Information And Communication.

Is Mag Communications Private Limited a listed company?

Mag Communications Private Limited is unlisted.

What is the capital structure of Mag Communications Private Limited?

The authorized capital of Mag Communications Private Limited is ₹2.00 M, and the paid-up capital is ₹1.20 M.

What is the compliance status of Mag Communications Private Limited?

The compliance status of Mag Communications Private Limited is Compliant.

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