Magnarc Electrodes Pvt Ltd Company Logo

Magnarc Electrodes Pvt Ltd - Company Profile

It is a manufacturing private limited company based in Andhra Pradesh, Andhra Pradesh, India, established in 1982.

1982 | Andhra Pradesh, Andhra Pradesh, India | Active
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About Magnarc Electrodes Pvt Ltd

Magnarc Electrodes Pvt Ltd, a active private limited company, was established on 17 June 1982 in Andhra Pradesh, Andhra Pradesh, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U29309AP1982PTC003535. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹4.00 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Ramadevi Chintamaneni (Whole-Time Director), Rajasekhar Chintamaneni (Whole-Time Director). Past directors included Chandrasekhar Rao Chintamaneni, Ramadevi Chintamaneni, Dasaradha Ramireddy Ramireddy. It holds ₹3.91 Cr open charges and ₹5.18 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Pendurthi,Visakhaptnam District Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 531173.

Company Details

  • CIN/LLPIN

    U29309AP1982PTC003535

  • Registration Number

    003535

  • Incorporation Date

    17 June 1982

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹4.00 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.91 Cr
  • Satisfied Charges ₹ 5.18 Cr
  • Revenue Growth -1.64%
  • Profit Growth 5.12%
  • Ebitda 3.19%
  • Net Worth 59.51%
  • Total Assets 13.36%
Company report

Magnarc Electrodes Pvt Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Magnarc Electrodes 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 Magnarc Electrodes Pvt Ltd?

Current Directors

NameDesignationAppointment DateStatus
Ramadevi ChintamaneniWhole-Time Director01 Sep 2007Current
Rajasekhar ChintamaneniWhole-Time Director08 Apr 2003Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director31 Aug 2007Past
Pramod AbcsddDirector03 Oct 2015Past
Pramod AbcsddDirector10 Mar 2012Past
Pramod AbcsddWhole-Time Director18 Jan 2012Past

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Financial Performance of Magnarc Electrodes.

Magnarc Electrodes Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.64% decrease. The company also saw a slight improvement in profitability, with a 5.12% increase in profit. The company's net worth Soared by an impressive increase of 59.51%.

Magnarc Electrodes revenue growth over time
Magnarc Electrodes 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
-1.64%
Revenue from Operations
-3.50%
Total Assets
13.36%
Profit or Loss
5.12%
Net Worth
59.51%
EBITDA
3.19%

What is the Ownership and Shareholding Structure of Magnarc Electrodes?

In 2023, Magnarc Electrodes had a public holding of 1.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹39,066,519.00

Satisfied Charges

₹51,834,796.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.50 Cr
  • Hdfc Bank Limited : 0.41 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2022Axis Bank Limited₹3.50 CrOpen
26 Nov 2020Hdfc Bank Limited₹4.07 MOpen
01 Jun 2018Canara Bank₹0.90 MSatisfied
15 Sep 2017Others₹4.46 CrSatisfied
17 May 1985Andhra Pradesh State Finance Corp.₹0.18 MSatisfied

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How Many Employees Work at Magnarc Electrodes?

Magnarc Electrodes has a workforce of 11 employees as of Apr 05, 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 growth trends for Magnarc Electrodes Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnarc Electrodes, 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 Magnarc Electrodes'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 Magnarc Electrodes

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 15 Sep 2017 via Charge ID 100127153 with Others was fully satisfied on 10 Nov 2025. was completed.

  • Charges

    Progress on A charge registered on 16 Aug 1983 via Charge ID 90134977 with Others was fully satisfied on 10 Nov 2025. was documented.

  • Charges

    Progress on A charge registered on 01 Jun 2018 via Charge ID 100188440 with Canara Bank was fully satisfied on 01 Mar 2025. was documented.

  • Annual General Meeting

    The activity Magnarc Electrodes Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 35.00 M registered on 28 Oct 2022 with Charge ID 100667387 was modified on 23 Sep 2024. was completed.

  • Balance Sheet

    Progress on Magnarc Electrodes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.

Frequently Asked Questions

  • What is the CIN of Magnarc Electrodes Pvt Ltd?

    The CIN of Magnarc Electrodes Pvt Ltd is U29309AP1982PTC003535.

  • Where is Magnarc Electrodes Pvt Ltd headquartered?

    Magnarc Electrodes Pvt Ltd is headquartered at Pendurthi,Visakhaptnam District Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 531173.

  • When was Magnarc Electrodes Pvt Ltd incorporated?

    Magnarc Electrodes Pvt Ltd was incorporated on 17 June 1982.

  • Who are the current directors of Magnarc Electrodes Pvt Ltd?

    The current directors of Magnarc Electrodes Pvt Ltd are

  • What is the primary industry of Magnarc Electrodes Pvt Ltd?

    The primary industry of Magnarc Electrodes Pvt Ltd is Manufacturing.

  • Is Magnarc Electrodes Pvt Ltd a listed company?

    Magnarc Electrodes Pvt Ltd is unlisted.

  • What is the capital structure of Magnarc Electrodes Pvt Ltd?

    The authorized capital of Magnarc Electrodes Pvt Ltd is ₹4.00 M, and the paid-up capital is ₹4.00 M.

  • What is the compliance status of Magnarc Electrodes Pvt Ltd?

    The compliance status of Magnarc Electrodes Pvt Ltd is Compliant.

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