Magneto Induction Pvt Ltd
About Magneto Induction Pvt Ltd
Data last updated: 23 July 2025
Magneto Induction Pvt Ltd was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in process machinery and industrial equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 05 April 1988.
Registered with ROC Ahmedabad under CIN U29120GJ1988PTC010526.
Capital: an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.02 Cr. It was led by directors Bhavesh Patel Girishbhai and Jayshreeben Patel Rohitkumar.
Last AGM: 23 June 2023. Financial statements filed for year ended 31 March 2023. Office: 8Th Floor Shaligram Corporates C J Marg Ambli Ahmedabad – 380058, Gujarat, India – 380058.
The company had a reported workforce of approximately 30 employees prior to being dissolved.
As per MCA filings, the company had satisfied charges of ₹56 Lakh on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity.
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Registered Address8Th Floor Shaligram Corporates C J Marg Ambli Ahmedabad – 380058, Gujarat, India – 380058
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IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Magneto Induction Pvt Ltd
Magneto Induction Pvt Ltd operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Detailed business activity records for Magneto Induction Pvt Ltd
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Magneto Induction Pvt Ltd
Magneto Induction Pvt Ltd is audited by C. R. Sharedalal & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C. R. Sharedalal & Co. | Locked | Locked | Locked |
Complete auditor history for Magneto Induction Pvt Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Magneto Induction Pvt Ltd
Magneto Induction Pvt Ltd is currently managed by 2 directors, with 1 former director 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 |
|---|---|---|---|---|
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Bhavesh Patel Girishbhai
Also directs:
Amanta Healthcare Limited, Milcent Appliances Private Limited, Magtech Motors Pvt Ltd and 1 more
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Director | 05 Apr 1988 | 38 Years 3 Months | As last reported |
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Jayshreeben Patel Rohitkumar
Also directs:
Milcent Appliances Private Limited, Magtech Motors Pvt Ltd
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Director | 24 Nov 2020 | 5 Years 8 Months | As last reported |
Financials of Magneto Induction Pvt Ltd FY 2023 filings available
Ten-year financial statements for Magneto Induction Pvt Ltd
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Magneto Induction Pvt Ltd
Shareholding and ownership data for Magneto Induction Pvt Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Magneto Induction Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2012 | Bank of Baroda | ₹6 Lakh | Satisfied |
| 31 Dec 2008 | Bank of Baroda | ₹20 Lakh | Satisfied |
| 06 Jun 2000 | Bank of Baroda | ₹30 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Magneto Induction Pvt Ltd
Magneto Induction Pvt Ltd has a workforce of 30 employees as of Apr 05, 2024.
Employee and EPFO history for Magneto Induction Pvt Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Magneto Induction Pvt Ltd
GST registrations and filing compliance for Magneto Induction Pvt Ltd
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Magneto Induction Pvt Ltd
Credit ratings, litigation, and regulatory alerts for Magneto Induction Pvt Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Magneto Induction Pvt Ltd
MSME payment history for Magneto Induction Pvt Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Magneto Induction Pvt Ltd
Corporate group structure for Magneto Induction Pvt Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Magneto Induction Pvt Ltd
MCA filings and documents for Magneto Induction Pvt Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Magneto Induction Pvt Ltd
Frequently Asked Questions about Magneto Induction Pvt Ltd
Magneto Induction Pvt Ltd has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Magneto Induction Pvt Ltd is a amalgamated private limited company in the machinery and equipment sector based in Ahmedabad, Gujarat, India. It was incorporated on 05 April 1988 and is registered under CIN U29120GJ1988PTC010526. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Magneto Induction Pvt Ltd was incorporated on 05 April 1988. Registered with ROC Ahmedabad.
The current directors of Magneto Induction Pvt Ltd are:
- Bhavesh Patel Girishbhai - Director
- Jayshreeben Patel Rohitkumar - Director
The CIN (Corporate Identification Number) of Magneto Induction Pvt Ltd is U29120GJ1988PTC010526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Magneto Induction Pvt Ltd is machinery and equipment. The company specifically operates in process machinery and industrial equipment.