Magneto Induction Pvt Ltd Company Logo

Magneto Induction Pvt Ltd - Company Profile

It is a machinery and equipment private limited company based in Ahmedabad, Gujarat, India, established in 1988.

1988 | Ahmedabad, Gujarat, India | Amalgamated
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About Magneto Induction Pvt Ltd

Magneto Induction Pvt Ltd, a amalgamated private limited company, was established on 05 April 1988 in Ahmedabad, Gujarat, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: U29120GJ1988PTC010526. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.10 Cr and a paid-up capital of ₹1.02 Cr.

It upholds a compliant status. Employing 30 professional, Its leadership includes Bhavesh Patel Girishbhai (Director), Jayshreeben Patel Rohitkumar (Director). Past directors included Rohitkumar Patel Jashbhai. It holds no open charges and ₹5.60 M settled loans. Its latest AGM occurred on 23 June 2023, with the balance sheet filed on 31 March 2023. It is based at 8Th Floor, Shaligram Corporates C J Marg, Ambli, Ahmedabad - 380058, Ahmedabad, Gujarat, 380058.

Company Details

  • CIN/LLPIN

    U29120GJ1988PTC010526

  • Registration Number

    010526

  • Incorporation Date

    05 April 1988

  • Authorized Capital

    ₹2.10 Cr

  • Paid-Up Capital

    ₹1.02 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 2.10 Cr
  • Paid Up Capital ₹ 1.02 Cr
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.60 M
  • Revenue Growth %
  • Profit Growth 59.15%
  • Ebitda 87.25%
  • Net Worth -1.14%
  • Total Assets -0.94%
Company report

Magneto Induction Pvt Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Magneto Induction Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magneto Induction Pvt Ltd?

Current Directors

NameDesignationAppointment DateStatus
Bhavesh Patel GirishbhaiDirector05 Apr 1988Current
Jayshreeben Patel RohitkumarDirector24 Nov 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector10 Nov 2020Past

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Financial Performance of Magneto Induction.

Magneto Induction Pvt Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 59.15% increase in profit. The company's net worth dipped by a decrease of 1.14%.

Magneto Induction revenue growth over time
Magneto Induction profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-0.94%
Profit or Loss
59.15%
Net Worth
-1.14%
EBITDA
87.25%

What is the Ownership and Shareholding Structure of Magneto Induction?

Unlock access to Magneto Induction'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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5,600,000.00

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2012Bank Of Baroda₹0.60 MSatisfied
31 Dec 2008Bank Of Baroda₹2.00 MSatisfied
06 Jun 2000Bank Of Baroda₹3.00 MSatisfied

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How Many Employees Work at Magneto Induction?

Magneto Induction has a workforce of 30 employees as of Apr 05, 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.

Employee growth trends for Magneto Induction Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magneto Induction, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magneto Induction's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magneto Induction

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Magneto Induction Pvt Ltd last Annual general meeting of members was held on 23 Jun 2023 as per latest MCA records. was documented.

  • Charges

    Progress on A charge registered on 09 Mar 2012 via Charge ID 10345769 with Bank Of Baroda was fully satisfied on 26 Apr 2023. was documented.

  • Charges

    Progress on A charge registered on 31 Dec 2008 via Charge ID 10138171 with Bank Of Baroda was fully satisfied on 26 Apr 2023. was documented.

  • Charges

    The activity A charge registered on 06 Jun 2000 via Charge ID 90112599 with Bank Of Baroda was fully satisfied on 26 Apr 2023. was completed.

  • Balance Sheet

    Magneto Induction Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Jayshreeben Patel Rohitkumar was appointed as a Director was appointed as a Director on 24 Nov 2020 & has been associated with this company since 5 years 7 days . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Magneto Induction Pvt Ltd?

    The CIN of Magneto Induction Pvt Ltd is U29120GJ1988PTC010526.

  • Where is Magneto Induction Pvt Ltd headquartered?

    Magneto Induction Pvt Ltd is headquartered at 8Th Floor, Shaligram Corporates C J Marg, Ambli, Ahmedabad - 380058, Ahmedabad, Gujarat, 380058.

  • When was Magneto Induction Pvt Ltd incorporated?

    Magneto Induction Pvt Ltd was incorporated on 05 April 1988.

  • Who are the current directors of Magneto Induction Pvt Ltd?

    The current directors of Magneto Induction Pvt Ltd are

  • What is the primary industry of Magneto Induction Pvt Ltd?

    The primary industry of Magneto Induction Pvt Ltd is Manufacturing.

  • Is Magneto Induction Pvt Ltd a listed company?

    Magneto Induction Pvt Ltd is unlisted.

  • What is the capital structure of Magneto Induction Pvt Ltd?

    The authorized capital of Magneto Induction Pvt Ltd is ₹2.10 Cr, and the paid-up capital is ₹1.02 Cr.

  • What is the compliance status of Magneto Induction Pvt Ltd?

    The compliance status of Magneto Induction Pvt Ltd is Compliant.

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