Magnarc Electrodes & Wires Private Limited
Manufactures and sells welding electrodes, wires, and consumables on retail and wholesale basis.
2017 | Durg, Chattisgarh (India) | Active
Magnarc Electrodes & Wires Profile
Key Indicators
- Authorised Capital ₹ 1.64 Cr
- Paid Up Capital ₹ 1.46 Cr
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.10 Cr
- Satisfied Charges ₹ 4.12 Cr
- Revenue Growth 16.69%
- Profit Growth -16.00%
- Ebitda -16.92%
- Net Worth 11.62%
- Total Assets 48.34%
About Magnarc Electrodes & Wires
Magnarc Electrodes & Wires Private Limited (MEWPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 March 2017 (Eight years and two months 16 days old ). Its registered office is in Durg, Chattisgarh, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.64 Cr and a paid-up capital of Rs 1.46 Cr.
The company currently has active open charges totaling ₹4.10 Cr. The company has closed loans amounting to ₹4.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramadevi Chintamaneni and Bimla Agrawal serve as directors at the Company.
Company Details
- Location
Durg, Chattisgarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909CT2017PTC007849
- Company No.
007849
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
Manufacturing
Magnarc Electrodes & Wires Private Limited
Explore comprehensive data for Magnarc Electrodes & Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnarc Electrodes & Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramadevi Chintamaneni  | Director | 14-Mar-2017 | Current |
| Bimla Agrawal | Director | 14-Mar-2017 | Current |
Financial Performance of Magnarc Electrodes & Wires.
Magnarc Electrodes & Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.69% increase. The company also saw a substantial fall in profitability, with a 16% decrease in profit. The company's net worth Soared by an impressive increase of 11.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Magnarc Electrodes & Wires?
Unlock access to Magnarc Electrodes & Wires's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Magnarc Electrodes Pvt LtdRamadevi Chintamaneni is a mutual person
Charges (Loans)
Open Charges
₹4.10 Cr
Satisfied Charges
₹4.12 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 4.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2022 | Uco Bank | ₹2.60 M | Open |
| 26 Dec 2022 | Uco Bank | ₹3.50 Cr | Open |
| 26 Dec 2022 | Uco Bank | ₹3.37 M | Open |
| 08 Jun 2020 | Others | ₹6.40 M | Satisfied |
| 05 Sep 2018 | Others | ₹3.48 Cr | Satisfied |
How Many Employees Work at Magnarc Electrodes & Wires?
Unlock and access historical data on people associated with Magnarc Electrodes & Wires, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
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Rating
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Alerts
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Latest Updates, News, and FAQs on Magnarc Electrodes & Wires
Recent activity within the organization
- Annual General Meeting
Magnarc Electrodes & Wires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magnarc Electrodes & Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
- Charges
A charge registered on 08 Jun 2020 via Charge ID 100346718 with Others was fully satisfied on 09 Feb 2023.
- Charges
A charge registered on 05 Sep 2018 via Charge ID 100205123 with Others was fully satisfied on 09 Feb 2023.
- Charges
A charge with Uco Bank amounted to Rs. 0.26 Cr with Charge ID 100671773 was registered on 26 Dec 2022.
- Charges
A charge with Uco Bank amounted to Rs. 3.50 Cr with Charge ID 100672189 was registered on 26 Dec 2022.
Frequently asked questions
What is the Incorporation or founding date of Magnarc Electrodes & Wires Private Limited?
Magnarc Electrodes & Wires Private Limited was incorporated on 14 Mar 2017.
What is authorized share capital and paid-up capital of Magnarc Electrodes & Wires Private Limited?
The authorized share capital of Magnarc Electrodes & Wires Private Limited is ₹ 1.64 Cr and paid-up capital is ₹ 1.46 Cr.
Who are the current board members & directors of Magnarc Electrodes & Wires Private Limited?
Currently 2 directors are associated with Magnarc Electrodes & Wires Private Limited.
- Ramadevi Chintamaneni
- Bimla Agrawal
What is the registered address of Magnarc Electrodes & Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnarc Electrodes & Wires Private Limited is Plot No.41 Engineering Park Heavy Industrial Area Hathkhoj, India, Bhilai, Chattisgarh, 490020.
What is the corporate identification number (CIN) and company number of Magnarc Electrodes & Wires Private Limited?
The corporate identification number (CIN) of Magnarc Electrodes & Wires Private Limited is U51909CT2017PTC007849 and the company number is 007849 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magnarc Electrodes & Wires Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magnarc Electrodes & Wires Private Limited has risen by 16.69%.
What change has been observed in the net worth of Magnarc Electrodes & Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magnarc Electrodes & Wires Private Limited has experienced an upsurge of 11.62%.
What are the total open charges for Magnarc Electrodes & Wires Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magnarc Electrodes & Wires Private Limited amount to ₹ 4.10 Cr.
When was the last Balance Sheet of Magnarc Electrodes & Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Magnarc Electrodes & Wires Private Limited was filed with the ROC on 31 Mar 2024.
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