Magnate Steel Private Limited

Magnate Steel Private Limited - metal & minerals in Amritsar, Punjab, India. Directors, charges & compliance details.
CIN U28113PB2010PTC033687 Incorporated 11 March 2010 ROC Chandigarh HQ Amritsar, Punjab, India
Active Private Limited Company metal and minerals
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹55 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Last financials
Mar 2011
Balance sheet date
Last AGM
30 Sep 2011
Annual general meeting
Company status
Active
MCA master data

About Magnate Steel Private Limited

Data last updated:

Magnate Steel Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the metal products segment of the metals and mining sector. It was incorporated on 11 March 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28113PB2010PTC033687.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajit Singh Gill and Pavijeet Singh Gill.

Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 17/1 Kennedy Avenue Opp. Infra Chicks, Amritsar, Punjab, India – 143001.

As per MCA filings, the company has open charges of ₹55 Lakh on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U28113PB2010PTC033687
Registration Number 033687
Incorporation Date 11 March 2010
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2011
Date of Balance Sheet 31 March 2011
Compliance Status Active Non-Compliant

Contact details

Magnate Steel Private Limited's registered office is in Amritsar, Punjab.

  • Registered Address
    17/1 Kennedy Avenue Opp. Infra Chicks, Amritsar, Punjab, India – 143001
  • Industry
    Metal & Minerals, Metal Products, Manufacturing
Comprehensive company report
Magnate Steel Private Limited - one report that includes everything
  • 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
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Financials of Magnate Steel Private Limited

FY 2011 filings available

Financial Statement Summary

MetricsFY 2010-11
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

MetricsFY 2010-11
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 Magnate Steel Private Limited, buy the company report.

Board of directors of Magnate Steel Private Limited

Magnate Steel has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajit Singh GillDirector11 Mar 201016 Years 7 MonthsCurrent
Pavijeet Singh GillDirector11 Mar 201016 Years 7 MonthsCurrent

Charges & borrowings

Open charges
₹55 Lakh
Satisfied charges
None
Breakdown by lending institutions
Oriental Bank of Commerce₹0.55 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Dec 201110335047Oriental Bank of Commerce₹55 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magnate Steel Private 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 Magnate Steel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Magnate Steel Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Ajit Singh Gill was appointed as Director on 11 Mar 2010.

Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 55.00 Lakh with Charge ID 10335047 was registered on 16 Dec 2011.
AGM
Magnate Steel Private Limited last Annual general meeting of members was held on 30 Sep 2011 as per latest MCA records.
Filing
Magnate Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2011 with Roc Chandigarh.
Appointed
Ajit Singh Gill was appointed as Director.
Appointed
Pavijeet Singh Gill was appointed as Director.
Incorporation
11 Mar 2010
Magnate Steel Private Limited was registered on 11 Mar 2010 with Roc Chandigarh & aged 16 years 8 months as per MCA records.

Frequently asked questions

Magnate Steel is an active private limited company based in Amritsar, Punjab, India. The company works in metal products, within the metal and minerals industry. It was incorporated on 11 March 2010 (16+ years old) and is registered under CIN U28113PB2010PTC033687.

Magnate Steel has 2 current directors:

The latest financial statements of Magnate Steel on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 30 September 2011. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Magnate Steel is U28113PB2010PTC033687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Magnate Steel has 8 court cases on record: 3 filed by the company and 5 filed against it.

Magnate Steel was incorporated on 11 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.

Ajit Singh Gill was appointed as Director on 11 Mar 2010. Pavijeet Singh Gill was appointed as Director on 11 Mar 2010.

The registered office of Magnate Steel is at 171 Kennedy Avenue Opp. Infra Chicks, Amritsar, Punjab, India – 143001.

Magnate Steel operates in the metal and minerals industry, in the metal products segment.

Magnate Steel has open charges of ₹55 Lakh and no satisfied charges on record as per latest MCA filings.