Mag Solvics Private Limited Company Logo

Mag Solvics Private Limited - Company Profile

It is a machinery and equipment private limited company based in Solavampalayam Post, Tamil Nadu, India, established in 2005.

2005 | Solavampalayam Post, Tamil Nadu, India | Active
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About Mag Solvics Private Limited

Mag Solvics Private Limited, a active private limited company, was established on 11 July 2005 in Solavampalayam Post, Tamil Nadu, India. Engaging in industrial testing & measurement equipment within the manufacturing sector, it holds CIN: U29261TZ2005PTC011986. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹3.34 Cr.

It upholds a compliant status. Employing 126 professional, Its leadership includes Chidambaram Dhandayuthapani (Managing Director), Rangaswamy Manikandamurthy (Whole-Time Director), Gangadharan Mani (Whole-Time Director). Past directors included Palaniswami Sreenithi, Rangasamy, Kozhalmanam Swamy Mani. It holds ₹7.92 Cr open charges and ₹10.10 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sf No. 149/5, Dynamic Center, Solavampalayam Post, Tamil Nadu, 642109.

Company Details

  • CIN/LLPIN

    U29261TZ2005PTC011986

  • Registration Number

    011986

  • Incorporation Date

    11 July 2005

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹3.34 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.34 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.92 Cr
  • Satisfied Charges ₹ 10.10 Cr
  • Revenue Growth 12.43%
  • Profit Growth 21.98%
  • Ebitda 16.38%
  • Net Worth 2.36%
  • Total Assets 6.95%
Company report

Mag Solvics Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mag Solvics 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 Solvics Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Chidambaram DhandayuthapaniManaging Director01 Apr 2015Current
Rangaswamy ManikandamurthyWhole-Time Director11 Jul 2005Current
Gangadharan ManiWhole-Time Director30 Nov 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director31 Mar 2020Past
Pramod AbcsddDirector13 Mar 2015Past
Pramod AbcsddDirector13 Mar 2015Past
Pramod AbcsddDirector20 Mar 2017Past
Pramod AbcsddWhole-Time Director31 Mar 2020Past
Pramod AbcsddDirector04 Jun 2010Past

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Financial Performance of Mag Solvics.

Mag Solvics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.43% increase. The company also saw a substantial improvement in profitability, with a 21.98% increase in profit. The company's net worth moved up by a moderate rise of 2.36%.

Mag Solvics revenue growth over time
Mag Solvics profit and loss trends over time
  • 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
12.43%
Revenue from Operations
12.77%
Total Assets
6.95%
Profit or Loss
21.98%
Net Worth
2.36%
EBITDA
16.38%

What is the Ownership and Shareholding Structure of Mag Solvics?

In 2023, Mag Solvics had a public holding of 15.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹79,200,000.00

Satisfied Charges

₹101,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 7.92 Cr

Latest Charge Details

DateLenderAmountStatus
13 Apr 2023Others₹1.70 MOpen
06 Jul 2020Others₹5.00 MOpen
04 Jun 2018Others₹7.25 CrOpen
25 Nov 2021Others₹0.50 MSatisfied
17 Sep 2010Others₹6.85 CrSatisfied

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How Many Employees Work at Mag Solvics?

Mag Solvics has a workforce of 126 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mag Solvics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mag Solvics, 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 Mag Solvics'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.

Latest Updates, News, and FAQs on Mag Solvics

Recent Activity within the Organization

  • Charges

    Progress on A charge with Others of Rs. 7.25 Cr registered on 04 Jun 2018 with Charge ID 100199139 was modified on 19 Apr 2025. was documented.

  • Charges

    A charge with Others of Rs. 0.50 Cr registered on 06 Jul 2020 with Charge ID 100357147 was modified on 04 Dec 2024. was recorded as a recent event.

  • Annual General Meeting

    The activity Mag Solvics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge registered on 25 Nov 2021 via Charge ID 100513318 with Others was fully satisfied on 23 Apr 2024. was completed.

  • Balance Sheet

    Progress on Mag Solvics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100706285 was registered on 13 Apr 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Mag Solvics Private Limited?

    The CIN of Mag Solvics Private Limited is U29261TZ2005PTC011986.

  • Where is Mag Solvics Private Limited headquartered?

    Mag Solvics Private Limited is headquartered at Sf No. 149/5, Dynamic Center, Solavampalayam Post, Tamil Nadu, 642109.

  • When was Mag Solvics Private Limited incorporated?

    Mag Solvics Private Limited was incorporated on 11 July 2005.

  • Who are the current directors of Mag Solvics Private Limited?

    The current directors of Mag Solvics Private Limited are

  • What is the primary industry of Mag Solvics Private Limited?

    The primary industry of Mag Solvics Private Limited is Manufacturing.

  • Is Mag Solvics Private Limited a listed company?

    Mag Solvics Private Limited is unlisted.

  • What is the capital structure of Mag Solvics Private Limited?

    The authorized capital of Mag Solvics Private Limited is ₹3.50 Cr, and the paid-up capital is ₹3.34 Cr.

  • What is the compliance status of Mag Solvics Private Limited?

    The compliance status of Mag Solvics Private Limited is Compliant.

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