Magma Metal Private Limited
About Magma Metal Private Limited
Data last updated:
Magma Metal Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 February 2005.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27109AP2005PTC045359.
The company had an authorised share capital of ₹45 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Pramod Kumar Sharma and Mohapatra Sabyasachi.
Its last annual general meeting (AGM) was held on 28 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at F – 6 & F – 7 Phase II Vsez Duvvada, Visakhapatnam, Andhra Pradesh, India – 530046.
Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 2 cases are pending.
Company details
Contact details
Magma Metal Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressF – 6 & F – 7 Phase II Vsez Duvvada, Visakhapatnam, Andhra Pradesh, India – 530046
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Magma Metal Private 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
Business activity
The main business activity of Magma Metal is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Magma Metal Private Limited
FY 2022 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Magma Metal Private Limited, buy the company report.
Board of directors of Magma Metal Private Limited
Magma Metal has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Kumar Sharma | Director | 02 Mar 2022 | 4 Years 7 Months | As last reported |
| Mohapatra Sabyasachi Also directs: Venkat Puri Enterprises LLP, KTC Metals Private Limited, KTC Moly India Private Limited and 1 more | Director | 26 Dec 2016 | 9 Years 10 Months | As last reported |
Shareholding
The shareholding of Magma Metal Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magma Metal Private Limited, buy the company report.
Legal cases
Magma Metal Private Limited has 11 court cases on record: 9 filed by Magma Metal, 2 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 2 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against Wandergenie Trade Links Pvt.Ltd. | Pending |
| District court, Cuttack, Orissa | Court case (1C.C.) | Filed by the company against Sujit Rout,Prop.M/S.Universal Ferro Aalloys | Pending |
| NCLT, Amravati | Insolvency matter | Filed by the company | Disposed |
| District court, Cuttack, Orissa | Revision petition | Filed against the company by an individual | Disposed |
| District court, Cuttack, Orissa | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of Magma Metal Private 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 Magma Metal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Magma Metal has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Magma Metal Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magma Metal Private Limited has 11 board changes on record since 2014: 2 appointments and 9 cessations. The latest: Mohapatra Sabyasachi ceased to be Additional Director on 28 Jun 2022.
2 earlier events are in the company report.
Frequently asked questions
Magma Metal has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Magma Metal was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 February 2005 and is registered under CIN U27109AP2005PTC045359. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Magma Metal was incorporated on 14 February 2005. It is registered with the Registrar of Companies, Vijayawada.
Magma Metal had 2 directors:
- Pramod Kumar Sharma - Director
- Mohapatra Sabyasachi - Director
The CIN (Corporate Identification Number) of Magma Metal is U27109AP2005PTC045359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magma Metal is at F – 6 & F – 7 Phase II Vsez Duvvada, Visakhapatnam, Andhra Pradesh, India – 530046.
The latest financial statements of Magma Metal on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 June 2022. Year-wise statements from 2015 are in the company report.
Magma Metal operated in the metals and minerals industry, in the metal manufacturing and processing segment.
Magma Metal has 11 court cases on record: 9 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Mohapatra Sabyasachi ceased to be Additional Director on 28 Jun 2022. Pramod Kumar Sharma ceased to be Additional Director on 28 Jun 2022. Heung Jin Kim ceased to be Additional Director on 03 Mar 2022. Magma Metal has 11 board changes on record in total.
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