Magatul Industries Limited
About Magatul Industries Limited
Data last updated:
Magatul Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 06 November 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1986PLC041488. Its GSTIN is 27AAACM7489C1ZB (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.37 Cr. It was formerly known as Sanma Chemicals Private Limited and Sanma Chemicals Limited. It is led by directors including Rajnikant Jayantilal Shah and Ramesh Jivaraj Kotadiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 701 Shyam Sadan Chs Ltd. Bajaj Rd Opp. Amrut Baug Vile Parle (W), Mumbai, Maharashtra, India – 400056.
As per MCA filings, the company has open charges of ₹10.9 Cr on record. Court records list 14 cases involving the company, including 7 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Magatul Industries has undergone 2 name changes throughout its history. The company was previously known as Sanma Chemicals Private Limited, and Sanma Chemicals Limited. The current legal name is Magatul Industries Limited.
| Company Name | Status |
|---|---|
| Magatul Industries Limited | Current |
| Sanma Chemicals Private Limited | Previous |
| Sanma Chemicals Limited | Previous |
CIN history
Magatul Industries has one previous CIN (Corporate Identification Number): U24110MH1986PTC041488. The current CIN is U24110MH1986PLC041488, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1986PLC041488 | Current |
| U24110MH1986PTC041488 | Previous |
Contact details
Magatul Industries Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address701 Shyam Sadan Chs Ltd. Bajaj Rd Opp. Amrut Baug Vile Parle (W), Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Magatul Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Magatul Industries Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Magatul Industries Limited, buy the company report.
Board of directors of Magatul Industries Limited
Magatul Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Jivaraj Kotadiya | Additional Director | 25 Jan 2022 | 4 Years 9 Months | Current |
| Rajnikant Jayantilal Shah Also directs: Omtulsi Dreamcon LLP, JBRS Steels and Pipes Limited, Shri JBRS Properties and Investment Pvt Ltd and 1 more | Director | 27 Mar 2020 | 6 Years 7 Months | Current |
| Siddharth Vinodchandra Shah Also directs: Omtulsi Dreamcon LLP, Sanvika Investments Limited | Additional Director | 25 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Magatul Industries Limited is audited by YOGESH KOTHARI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH KOTHARI & CO | FY 2021 | 134947W |
Shareholding
The shareholding of Magatul Industries Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Magatul Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 1996 | 90359079 | Uinion Bank of India | ₹30 Lakh | Open | |
| 20 Dec 1995 | 90359008 | Gujarat State Financial Co. | ₹1.5 Cr | Open | |
| 16 Sep 1995 | 90358968 | Gujarat State Financial Co. | ₹1.5 Cr | Open | |
| 27 Apr 1995 | 90358906 | Banque Indosuez | ₹3 Cr | Open | |
| 24 Apr 1992 | 90358561 | Indian Bank | ₹75 Lakh | Open |
To see the full charge records of Magatul Industries Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Magatul Industries Limited has 14 court cases on record: 7 filed by Magatul Industries, 8 filed against it. 5 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 1 |
| NCLAT | 6 | 0 | 4 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APEAL) | Filed against the company by Lloyds Finance Limited | Pending |
| High Court, MAHARASHTRA | Court case (OLR) | Filed against the company by Magatul Industries Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against Sarigam Containers Pvt Ltd (Petitioner) and 2 others | Disposed |
| Bombay High Court | Court case (APPLN) | Filed against the company by Lloyds Finance Limited | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by M/S Sarigam Containers Pvt. Ltd. | Disposed |
To see the full case history of Magatul Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magatul Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magatul Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7489C1ZB | Maharashtra | Active | 29 Mar 2022 |
To see the full GST registrations and return filing status of Magatul Industries Limited, buy the company report.
Recent activity
Magatul Industries Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Laxmilnarayan Giduthuri ceased to be Director on 25 Jan 2022.
27 earlier events are in the company report.
Frequently asked questions
Magatul Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 06 November 1986 (40+ years old) and is registered under CIN U24110MH1986PLC041488.
Magatul Industries has 3 current directors:
- Ramesh Jivaraj Kotadiya - Additional Director
- Rajnikant Jayantilal Shah - Director
- Siddharth Vinodchandra Shah - Additional Director
The latest financial statements of Magatul Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magatul Industries is 27AAACM7489C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magatul Industries is U24110MH1986PLC041488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magatul Industries has 14 court cases on record: 7 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Magatul Industries was incorporated on 06 November 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxmilnarayan Giduthuri ceased to be Director on 25 Jan 2022. Malvikaben Sanjivbhai Taktawala ceased to be Director on 25 Jan 2022. Ramesh Jivaraj Kotadiya was appointed as Additional Director on 25 Jan 2022. Magatul Industries has 5 board changes on record in total.
The registered office of Magatul Industries is at 701 Shyam Sadan Chs Ltd. Bajaj Rd Opp. Amrut Baug Vile Parle W, Mumbai, Maharashtra, India – 400056.
Magatul Industries operates in the chemicals and materials industry, in the industrial chemicals segment.
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