Magma Paints Private Limited

Magma Paints Private Limited - wood in Karkala, Karnataka, India. Directors, charges & compliance details.
CIN U20221KA2024PTC190810 Incorporated 11 July 2024 ROC Bangalore HQ Karkala, Karnataka, India
Active Private Limited Company wood
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5.73 Cr
Secured borrowings
Company age
2 yrs
Est. 2024
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
Company status
Active
MCA master data

About Magma Paints Private Limited

Data last updated:

Magma Paints Private Limited is a private limited company based in Karkala, Karnataka, India. It operates in the manufacturing segment of the wood and timber products sector. It was incorporated on 11 July 2024.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20221KA2024PTC190810.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Horlali Harish Shanbhag and Preethi Horlali.

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 Karkala, Karnataka.

As per MCA filings, the company has open charges of ₹5.73 Cr on record.

Company details

CIN U20221KA2024PTC190810
Registration Number 190810
Incorporation Date 11 July 2024
ROC Bangalore
Listing Status Unlisted
Company Status Active

Contact details

Magma Paints Private Limited's registered office is in Karkala, Karnataka.

  • Registered Address
    6/18 Pid – 152600101100115, Survey Number – 225/1, Karkala, Karnataka, India – 576117
  • Industry
    Wood, Manufacturing, Straw And Plaiting Materials, Products Of Wood, Cork, Structural Wooden Goods
Comprehensive company report
Magma Paints Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Magma Paints Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2024-25
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Magma Paints Private Limited, buy the company report.

Board of directors of Magma Paints Private Limited

Magma Paints has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Horlali Harish ShanbhagDirector11 Jul 20242 Years 4 MonthsCurrent
Preethi HorlaliDirector11 Jul 20242 Years 4 MonthsCurrent

Charges & borrowings

Open charges
₹5.73 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Sep 2025101229915Others₹5.73 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magma Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Magma Paints Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Magma Paints Private Limited has 2 board changes on record since 2024: 2 appointments. The latest: Horlali Harish Shanbhag was appointed as Director on 11 Jul 2024.

AGM
Magma Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 573.00 Lakh with Charge ID 101229915 was registered on 30 Sep 2025.
Filing
Magma Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Horlali Harish Shanbhag was appointed as Director.
Appointed
Preethi Horlali was appointed as Director.
Incorporation
11 Jul 2024
Magma Paints Private Limited was registered on 11 Jul 2024 with Roc Bangalore & aged 2 years 4 months as per MCA records.

Frequently asked questions

Magma Paints is an active private limited company based in Karkala, Karnataka, India. The company works in manufacturing, within the wood industry. It was incorporated on 11 July 2024 (2+ years old) and is registered under CIN U20221KA2024PTC190810.

Magma Paints has 2 current directors:

The latest financial statements of Magma Paints 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 FY 2025 are in the company report.

The CIN (Corporate Identification Number) of Magma Paints is U20221KA2024PTC190810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Magma Paints was incorporated on 11 July 2024, making it 2+ years old. It is registered with the Registrar of Companies, Bangalore.

Horlali Harish Shanbhag was appointed as Director on 11 Jul 2024. Preethi Horlali was appointed as Director on 11 Jul 2024.

The registered office of Magma Paints is at 618 Pid – 152600101100115, Survey Number – 2251, Karkala, Karnataka, India – 576117.

Magma Paints operates in the wood industry, in the manufacturing segment.

Magma Paints has open charges of ₹5.73 Cr and no satisfied charges on record as per latest MCA filings.

Magma Paints can be reached at its registered office: 618 Pid – 152600101100115, Survey Number – 2251, Karkala, Karnataka, India – 576117.