It is a travel and hospitality public limited company based in Punjab, Punjab, India, established in 1996.
1996 | Punjab, Punjab, India | ActiveMagnet Resorts Limited, a active public limited company, was established on 12 March 1996 in Punjab, Punjab, India. Engaging in hotel & accommodation services within the accommodation and food service sector, it holds CIN: U55100PB1996PLC017851. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹5.37 Cr.
It upholds a compliant status. Its leadership includes Narinder Pal Kaur (Director), Roopinder Kaur (Director), Harinder Pal Singh (Managing Director). Past directors included Harjinder Pal Singh Grewal, Surinder Paul Singh Grewal, Dhanwant Kaur. It holds no open charges and ₹1.40 M settled loans. Its latest AGM occurred on 25 September 2024, with the balance sheet filed on 31 March 2024. It is based at 435/21 Bxx 1277Krishna Nagar Civil Lines Ludhiana, Punjab, Punjab, 141001.
U55100PB1996PLC017851
017851
12 March 1996
₹5.50 Cr
₹5.37 Cr
Roc Chandigarh
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narinder Pal Kaur | Director | 15 May 1996 | Current |
| Roopinder Kaur | Director | 15 May 1996 | Current |
| Harinder Pal Singh | Managing Director | 13 Mar 1996 | Current |
| Gagan Deep Gill | Additional Director | 27 Feb 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 11 Mar 2025 | Past |
| Pramod Abcsdd | Managing Director | 23 Sep 2019 | Past |
| Pramod Abcsdd | Director | 24 Nov 2014 | Past |
| Pramod Abcsdd | Director | 19 May 2014 | Past |
| Pramod Abcsdd | Director | 06 Sep 2019 | Past |
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Magnet Resorts Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 10.04% increase in profit. The company's net worth dipped by a decrease of 6.05%.
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In 2022, Magnet Resorts had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹1,400,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 1999 | Punjab & Sind Bank | ₹0.70 M | Satisfied |
| 09 Nov 1999 | Punjab And Sind Bank | ₹0.70 M | Satisfied |
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The activity Gagan Deep Gill was appointed as a Additional Director was appointed as a Additional Director on 27 Feb 2025 & has been associated with this company since 9 months 22 days . was completed.
Magnet Resorts Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity Magnet Resorts Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.
A charge registered on 09 Nov 1999 via Charge ID 90311329 with Punjab & Sind Bank was fully satisfied on 02 Apr 2019. was recorded as a recent event.
The activity A charge registered on 09 Nov 1999 via Charge ID 90173716 with Punjab And Sind Bank was fully satisfied on 02 Apr 2019. was completed.
A charge with Punjab & Sind Bank amounted to Rs. 0.07 Cr with Charge ID 90311329 was registered on 09 Nov 1999. was recorded as a recent event.
The CIN of Magnet Resorts Limited is U55100PB1996PLC017851.
Magnet Resorts Limited is headquartered at 435/21 Bxx 1277Krishna Nagar Civil Lines Ludhiana, Punjab, Punjab, 141001.
Magnet Resorts Limited was incorporated on 12 March 1996.
The current directors of Magnet Resorts Limited are
The primary industry of Magnet Resorts Limited is Accommodation And Food Service.
Magnet Resorts Limited is unlisted.
The authorized capital of Magnet Resorts Limited is ₹5.50 Cr, and the paid-up capital is ₹5.37 Cr.
The compliance status of Magnet Resorts Limited is Compliant.
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