About Magnetic Mangal Private Limited
Data last updated: 25 July 2025
Magnetic Mangal Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in sports goods, a part of the broader musical instruments sector. Incorporated on 24 June 1999, the company has been in operation for over 27 years.
Registered with ROC Delhi under CIN U31909DL1999PTC100386.
Capital: an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors Parkash Singh Gill and Pradeep Singh Gill.
Last AGM: 30 September 2015. Financial statements filed for year ended 31 March 2015. Office: Flat No – 305 Sahyog Building 58 Nehru Place, New Delhi, Delhi, India – 110019.
As per MCA filings, the company has open charges of ₹12.07 Cr and satisfied charges of ₹2.18 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is nanocores.in.
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Registered AddressFlat No – 305 Sahyog Building 58 Nehru Place, New Delhi, Delhi, India – 110019
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IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
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Board of Directors of Magnetic Mangal Private Limited
Magnetic Mangal Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parkash Singh Gill | Director | 24 Jun 1999 | 27 Years 1 Months | As last reported |
| Pradeep Singh Gill | Director | 24 Jun 1999 | 27 Years 1 Months | As last reported |
Financials of Magnetic Mangal Private Limited FY 2015 filings available
Ten-year financial statements for Magnetic Mangal Private Limited
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Charges & Borrowings of Magnetic Mangal Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2014 | Karnataka Bank Ltd. | ₹11 Lakh | Open |
| 31 Aug 2013 | Reliance Capital Ltd | ₹77.73 Lakh | Open |
| 15 Dec 2009 | Indian Bank | ₹3.4 Cr | Open |
| 15 Dec 2009 | Indian Bank | ₹1.16 Cr | Open |
| 27 Jul 2009 | Indian Bank | ₹1.16 Cr | Open |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Magnetic Mangal Private Limited
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Employee and EPFO history for Magnetic Mangal Private Limited
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GST Compliance of Magnetic Mangal Private Limited
GST registrations and filing compliance for Magnetic Mangal Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Magnetic Mangal Private Limited
Credit ratings, litigation, and regulatory alerts for Magnetic Mangal Private Limited
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MSME Payment Delays by Magnetic Mangal Private Limited
MSME payment history for Magnetic Mangal Private Limited
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Subsidiaries & Group Companies of Magnetic Mangal Private Limited
Corporate group structure for Magnetic Mangal Private Limited
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MCA Filings & Documents of Magnetic Mangal Private Limited
MCA filings and documents for Magnetic Mangal Private Limited
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Recent Activity on Magnetic Mangal Private Limited
Frequently Asked Questions about Magnetic Mangal Private Limited
Magnetic Mangal Private Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Magnetic Mangal Private Limited is a company under liquidation, formerly operating as a private limited company in the musical instruments sector based in New Delhi, Delhi, India. It was incorporated on 24 June 1999 and is registered under CIN U31909DL1999PTC100386. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors of Magnetic Mangal Private Limited are:
- Parkash Singh Gill - Director
- Pradeep Singh Gill - Director
The CIN (Corporate Identification Number) of Magnetic Mangal Private Limited is U31909DL1999PTC100386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnetic Mangal Private Limited has open charges of ₹12.07 Cr and satisfied charges of ₹2.18 Cr as per latest MCA filings.
The primary industry of Magnetic Mangal Private Limited is musical instruments. The company specifically operates in sports goods.