It is a chemicals and materials private limited company based in Bangalore, Karnataka, India, established in 1970.
1970 | Bangalore, Karnataka, India | ActiveMagnesium Products Private Limited, a active private limited company, was established on 02 November 1970 in Bangalore, Karnataka, India. Engaging in industrial chemicals within the chemicals and materials sector, it holds CIN: U15200KA1970PTC001961. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹9.64 M.
It upholds a compliant status. Its leadership includes Vijay Kanneganti (Director), Surekha Kanneganti (Additional Director), Kanneganti Ravi Babu (Director). Past directors included Aishwarya Kanneganti, Vijay Kanneganti, Seetharamamma Kanneganti. It holds ₹2.30 M open charges and ₹7.22 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Sy No 4/2, Building No. 56 Sai Sereniti Layout Seegehalli, Virgonagar Post,, Bangalore, Karnataka, 560049.
U15200KA1970PTC001961
001961
02 November 1970
₹1.50 Cr
₹9.64 M
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Kanneganti | Director | 31 Mar 2018 | Current |
| Surekha Kanneganti | Additional Director | 19 Oct 2024 | Current |
| Kanneganti Ravi Babu | Director | 01 May 1986 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 30 Sep 2018 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2018 | Past |
| Pramod Abcsdd | Director | - | Past |
| Pramod Abcsdd | Director | 01 Sep 2018 | Past |
| Pramod Abcsdd | Director | - | Past |
| Pramod Abcsdd | Director | 01 Oct 2018 | Past |
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Magnesium Products Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 2921.92% increase in profit. The company's net worth Soared by an impressive increase of 255.1%.
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In 2019, Magnesium Products had a promoter holding of 98.23% and a public holding of 1.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹2,300,000.00
₹72,161,379.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2006 | Sundaram Finance Ltd | ₹0.80 M | Open |
| 07 May 2005 | State Bank Of India | ₹1.50 M | Open |
| 07 Mar 2001 | Ksfc | ₹2.80 M | Satisfied |
| 03 Feb 2001 | Ksfc | ₹7.00 M | Satisfied |
| 26 Sep 1998 | Indian Renewable Engergy Development Agency Ltd | ₹1.55 Cr | Satisfied |
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Magnesium Products has a workforce of 0 employees as of Mar 23, 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.
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Surekha Kanneganti was appointed as a Additional Director was appointed as a Additional Director on 19 Oct 2024 & has been associated with this company since 1 year 1 month . was recorded as a recent event.
The activity Magnesium Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
Magnesium Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
Progress on Vijay Kanneganti was appointed as a Director was appointed as a Director on 31 Mar 2018 & has been associated with this company since 7 years 8 months . was documented.
A charge registered on 27 Jul 1996 via Charge ID 80066853 with Corporation Bank was fully satisfied on 03 Sep 2013. was recorded as a recent event.
Progress on A charge registered on 16 Jul 1994 via Charge ID 80066852 with Corporation Bank was fully satisfied on 03 Sep 2013. was documented.
The CIN of Magnesium Products Private Limited is U15200KA1970PTC001961.
Magnesium Products Private Limited is headquartered at Sy No 4/2, Building No. 56 Sai Sereniti Layout Seegehalli, Virgonagar Post,, Bangalore, Karnataka, 560049.
Magnesium Products Private Limited was incorporated on 02 November 1970.
The current directors of Magnesium Products Private Limited are
The primary industry of Magnesium Products Private Limited is Chemicals And Materials.
Magnesium Products Private Limited is unlisted.
The authorized capital of Magnesium Products Private Limited is ₹1.50 Cr, and the paid-up capital is ₹9.64 M.
The compliance status of Magnesium Products Private Limited is Compliant.
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