
About Magna Colors Limited
Data last updated:
Magna Colors Limited is a public limited company based in Boisar, Maharashtra, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 28 November 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24110MH1989PLC054424. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.5 Cr. It is led by directors including Vaibhav Govind Malsane (Managing Director) and Vikas Suresh Malekar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at D 21 2 3 MIDC Indl Area Thane, Boisar, Maharashtra, India – 401506.
The company is associated with 1 brand: Magna Colors. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 11 deals on record (11 market trades); the latest was in January 2013.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website magnacolours.co.in.
Company details
CIN history
Magna Colors has one previous CIN (Corporate Identification Number): U24110MH1989PLC054424. The current CIN is L24110MH1989PLC054424, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24110MH1989PLC054424 | Current |
| U24110MH1989PLC054424 | Previous |
Contact details
Magna Colors Limited's registered office is in Boisar, Maharashtra.
- Registered AddressD 21 2 3 MIDC Indl Area Thane, Boisar, Maharashtra, India – 401506
- IndustryAgriculture, Crop Protection
- 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
Brands
Magna Colors operates one associated brand: Magna Colors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial colors and dyes are manufactured in Thane, India. | magnacolours.co.in |
Financials of Magna Colors Limited
FY 2014 filings availableFinancial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| 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
| Metrics | FY 2013-14 |
|---|---|
| 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 Magna Colors Limited, buy the company report.
Board of directors of Magna Colors Limited
Magna Colors has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Govind Malsane | Managing Director | 11 Oct 2010 | 16 Years 0 Months | Current |
| Vikas Suresh Malekar Also directs: Raj Irrigation Pipes and Fittings Limited, Snehal Enterprises Private Limited, G-Vijay Enterprises LLP and 3 more | Whole-Time Director | 11 Oct 2010 | 16 Years 0 Months | Current |
| Santosh Radhakrishna Kamankar | Director | 25 Apr 2012 | 14 Years 6 Months | Current |
| Shivaji Raghunath Bhosale Also directs: Blackrock Structures India Limited | Director | 21 Jan 2013 | 13 Years 9 Months | Current |
Deals & funding
Magna Colors Limited has 11 deals on record (11 market trades); the latest was in January 2013.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2013 | Market trade | ₹2.9 Lakh | Buyer: an individual Seller: an individual |
| Jan 2013 | Market trade | ₹4.3 Lakh | Buyer: an individual Seller: an individual |
| Jan 2013 | Market trade | ₹3.3 Lakh | Buyer: an individual Seller: an individual |
| Dec 2012 | Market trade | ₹6.1 Lakh | Buyer: an individual Seller: an individual |
| Dec 2012 | Market trade | ₹5.9 Lakh | Buyer: an individual Seller: an individual |
To see the full deal history of Magna Colors Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magna Colors Limited has 5 court cases on record: 3 filed by Magna Colors, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by The Assistant Registrar of Companies | Disposed |
| Bombay High Court | Court case (FERA) | Filed by the company against The Union of India | Disposed |
| Bombay High Court | Court case (CAF) | Filed by the company against The Union of India | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and 2 Ors. | Disposed |
To see the full case history of Magna Colors 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 Magna Colors 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 Magna Colors Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magna Colors Limited has 10 board changes on record since 2002: 7 appointments and 3 cessations. The latest: Shivaji Raghunath Bhosale was appointed as Director on 21 Jan 2013.
1 earlier event is in the company report.
Frequently asked questions
Magna Colors is an active public limited company based in Boisar, Maharashtra, India. The company works in crop protection, within the agriculture industry. It was incorporated on 28 November 1989 (37+ years old) and is registered under CIN L24110MH1989PLC054424.
Magna Colors has 4 current directors:
- Vaibhav Govind Malsane - Managing Director
- Vikas Suresh Malekar - Whole-Time Director
- Santosh Radhakrishna Kamankar - Director
- Shivaji Raghunath Bhosale - Director
The latest financial statements of Magna Colors on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 29 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Magna Colors is L24110MH1989PLC054424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magna Colors is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Magna Colors has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.
Magna Colors was incorporated on 28 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Magna Colors has 11 deals on record (11 market trades); the latest was in January 2013.
Shivaji Raghunath Bhosale was appointed as Director on 21 Jan 2013. Suhas Dhondu Utekar ceased to be Director on 22 Oct 2012. Rajendra Anandrao Thorat ceased to be Director on 26 Apr 2012. Magna Colors has 10 board changes on record in total.
Magna Colors can be reached through the website magnacolours.co.in. Its registered office is in Boisar, Maharashtra, India.

