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Magnacon Electricals India Ltd - Company Profile

It is a information technology public limited company based in Saltlake, West Bengal, India, established in 1976.

1976 | Saltlake, West Bengal, India | Active
Last Updated:

About Magnacon Electricals India Ltd

Magnacon Electricals India Ltd, a active public limited company, was established on 15 November 1976 in Saltlake, West Bengal, India. Engaging in it infrastructure management & services within the real estate sector, it holds CIN: U31200WB1976PLC030769. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹16.50 Cr and a paid-up capital of ₹16.16 Cr.

Formerly known as Magnacon Electricals India Private Limited. It upholds a compliant status. Its leadership includes Rishi Jalan (Managing Director), Ashok Kumar Vijay (Director), Satyanarayan Khaitan (Director). Past directors included Rishi Jalan, Ranjeet Mal Kothari, Kushal Sengupta. It holds ₹122.51 Cr open charges and ₹88.03 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Adventzinfinity@5, Office No.607, Block Bn-5, Sector V, Saltlake, West Bengal, 700091.

Company Details

  • CIN/LLPIN

    U31200WB1976PLC030769

  • Registration Number

    030769

  • Incorporation Date

    15 November 1976

  • Authorized Capital

    ₹16.50 Cr

  • Paid-Up Capital

    ₹16.16 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 16.50 Cr
  • Paid Up Capital ₹ 16.16 Cr
  • Company Age 49 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 122.51 Cr
  • Satisfied Charges ₹ 88.03 Cr
  • Revenue Growth 25.58%
  • Profit Growth 4422.71%
  • Ebitda 229.92%
  • Net Worth 59.45%
  • Total Assets -7.39%
Company report

Magnacon Electricals India Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Magnacon Electricals India 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 Magnacon Electricals India Ltd?

Current Directors

NameDesignationAppointment DateStatus
Rishi JalanManaging Director15 Nov 2021Current
Ashok Kumar VijayDirector21 Apr 2017Current
Satyanarayan KhaitanDirector21 Apr 2017Current
Manoj SharmaDirector28 Aug 2023Current
Devendra KhemkaDirector21 Apr 2017Current
Sital Prasad SwainDirector01 Apr 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector26 Nov 2007Past
Pramod AbcsddAdditional Director16 Aug 2010Past
Pramod AbcsddAdditional Director13 Aug 2008Past
Pramod AbcsddDirector01 Jan 2007Past
Pramod AbcsddDirector26 Dec 2007Past

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Financial Performance of Magnacon Electricals India.

Magnacon Electricals India Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 25.58% increase. The company also saw a substantial improvement in profitability, with a 4422.71% increase in profit. The company's net worth Soared by an impressive increase of 59.45%.

Magnacon Electricals India revenue growth over time
Magnacon Electricals India profit and loss trends over time
  • 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
25.58%
Revenue from Operations
26.75%
Total Assets
-7.39%
Profit or Loss
4422.71%
Net Worth
59.45%
EBITDA
229.92%

What is the Ownership and Shareholding Structure of Magnacon Electricals India?

In 2023, Magnacon Electricals India had a promoter holding of 47.76% and a public holding of 52.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,225,100,000.00

Satisfied Charges

₹880,250,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 122.51 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2022Axis Bank Limited₹91.01 CrOpen
01 Feb 2021Axis Bank Limited₹5.25 CrOpen
04 Feb 2020Axis Bank Limited₹26.25 CrOpen
22 Mar 2012Others₹78.00 CrSatisfied
14 Jul 1999Industrial Development Bank Of India₹4.50 MSatisfied

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How Many Employees Work at Magnacon Electricals India?

Unlock and access historical data on people associated with Magnacon Electricals India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Magnacon Electricals India Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnacon Electricals India, 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 Magnacon Electricals India'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.

Latest Updates, News, and FAQs on Magnacon Electricals India

Recent Activity within the Organization

  • Director Appointment

    Progress on Shane Andrews was appointed as a Company Secretary was appointed as a Company Secretary on 08 Oct 2025 & has been associated with this company since 1 month 19 days . was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 91.01 Cr registered on 15 Mar 2022 with Charge ID 100553953 was modified on 01 Aug 2025. was completed.

  • Annual General Meeting

    Progress on Magnacon Electricals India Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Sital Prasad Swain was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Magnacon Electricals India Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was documented.

  • Director Appointment

    Sundar Lal Mohta was appointed as a CFO was appointed as a CFO on 01 Sep 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Magnacon Electricals India Ltd?

    The CIN of Magnacon Electricals India Ltd is U31200WB1976PLC030769.

  • Where is Magnacon Electricals India Ltd headquartered?

    Magnacon Electricals India Ltd is headquartered at Adventzinfinity@5, Office No.607, Block Bn-5, Sector V, Saltlake, West Bengal, 700091.

  • When was Magnacon Electricals India Ltd incorporated?

    Magnacon Electricals India Ltd was incorporated on 15 November 1976.

  • Who are the current directors of Magnacon Electricals India Ltd?

    The current directors of Magnacon Electricals India Ltd are

  • What is the primary industry of Magnacon Electricals India Ltd?

    The primary industry of Magnacon Electricals India Ltd is Real Estate.

  • Is Magnacon Electricals India Ltd a listed company?

    Magnacon Electricals India Ltd is unlisted.

  • What is the capital structure of Magnacon Electricals India Ltd?

    The authorized capital of Magnacon Electricals India Ltd is ₹16.50 Cr, and the paid-up capital is ₹16.16 Cr.

  • What is the compliance status of Magnacon Electricals India Ltd?

    The compliance status of Magnacon Electricals India Ltd is Compliant.

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