Magna Wires Pvt Ltd - Company Profile

It is a manufacturing private limited company based in Punjab, Punjab, India, established in 1992.
1992 Punjab, Punjab, India Active
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About Magna Wires Pvt Ltd

Magna Wires Pvt Ltd, a active private limited company, was established on 25 August 1992 in Punjab, Punjab, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U27201PB1992PTC012557. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹6.46 M.

It upholds a compliant status. Employing 13 professional, Its leadership includes Ajit Kumar Jain (Director), Yogesh Singh (Director). Past directors included Vishal Jain, Ajit Kumar Jain, Yogesh Singh. It holds ₹30.22 Cr open charges and ₹12.46 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C/119 Industrialfocal Point Extension Jalandhar, Punjab, Punjab, 144004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U27201PB1992PTC012557

  • Registration Number

    012557

  • Incorporation Date

    25 August 1992

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹6.46 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 6.46 M
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.22 Cr
  • Satisfied Charges ₹ 12.46 Cr
  • Revenue Growth **** 33.41%
  • Profit Growth **** -5.33%
  • Ebitda **** -88.57%
  • Net Worth 6.42%
  • Total Assets -30.49%
Company report

Magna Wires Pvt Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Magna Wires Pvt Ltd — 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 Magna Wires Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Ajit Kumar Jain Director 31 May 2024 Current
Yogesh Singh Director 31 May 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Mar 2016 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 20 Mar 2016 Past
Pramod Abcsdd Director 21 Dec 2011 Past
Pramod Abcsdd Director 28 Feb 2013 Past

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Financial Performance of Magna Wires.

Magna Wires Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 33.41% increase. The company also saw a slight decrease in profitability, with a 5.33% decrease in profit. The company's net worth moved up by a moderate rise of 6.42%.

Magna Wires revenue growth over time
Magna Wires profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 33.41%
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*******
*******
*******
Revenue from Operations
*******
 31.68%
*******
*******
*******
*******
Total Assets
*******
 -30.49%
*******
*******
*******
*******
Profit or Loss
*******
 -5.33%
*******
*******
*******
*******
Net Worth
*******
 6.42%
*******
*******
*******
*******
EBITDA
*******
 -88.57%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magna Wires?

In 2022, Magna Wires had a promoter holding of 99.86% and a public holding of 0.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹302,170,885.00

Satisfied Charges

₹124,600,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 22.16 Cr
  • Hdfc Bank Limited : 8.06 Cr
Latest Charge Details
Date Lender Amount Status
18 Feb 2025 Hdfc Bank Limited ₹1.57 M Open
20 Jun 2024 Axis Bank Limited ₹22.16 Cr Open
21 Dec 2011 Hdfc Bank Limited ₹7.90 Cr Open
18 Jan 2000 State Bank Of India ₹11.31 Cr Satisfied
21 Apr 1997 State Bank Of India ₹1.15 Cr Satisfied

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How Many Employees Work at Magna Wires?

Magna Wires has a workforce of 13 employees as of Mar 28, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magna Wires, 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 Magna Wires'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.

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Latest Updates, News, and FAQs on Magna Wires
Recent Activity within the Organization
  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 101051267 was registered on 18 Feb 2025. was completed.

  • Annual General Meeting

    Magna Wires Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 22.16 Cr with Charge ID 100951268 was registered on 20 Jun 2024. was documented.

  • Director Appointment

    Ajit Kumar Jain was appointed as a Director was appointed as a Director on 31 May 2024 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

  • Director Appointment

    The activity Yogesh Singh was appointed as a Director was appointed as a Director on 31 May 2024 & has been associated with this company since 1 year 11 months . was completed.

  • Balance Sheet

    The activity Magna Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

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Frequently Asked Questions
What is the CIN of Magna Wires Pvt Ltd?

The CIN of Magna Wires Pvt Ltd is U27201PB1992PTC012557.

Where is Magna Wires Pvt Ltd headquartered?

Magna Wires Pvt Ltd is headquartered at C/119 Industrialfocal Point Extension Jalandhar, Punjab, Punjab, 144004.

When was Magna Wires Pvt Ltd incorporated?

Magna Wires Pvt Ltd was incorporated on 25 August 1992.

Who are the current directors of Magna Wires Pvt Ltd?

The current directors of Magna Wires Pvt Ltd are

What is the primary industry of Magna Wires Pvt Ltd?

The primary industry of Magna Wires Pvt Ltd is Manufacturing.

Is Magna Wires Pvt Ltd a listed company?

Magna Wires Pvt Ltd is unlisted.

What is the capital structure of Magna Wires Pvt Ltd?

The authorized capital of Magna Wires Pvt Ltd is ₹1.50 Cr, and the paid-up capital is ₹6.46 M.

What is the compliance status of Magna Wires Pvt Ltd?

The compliance status of Magna Wires Pvt Ltd is Compliant.

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