Magnum Mi Steel Profile
Key Indicators
- Authorised Capital ₹ 16.86 Cr
- Paid Up Capital ₹ 7.66 Cr
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.00 Cr
- Satisfied Charges ₹ 37.08 Cr
- Revenue Growth 26.84%
- Profit Growth 44.76%
- Ebitda 13.47%
- Net Worth 13.46%
- Total Assets -4.12%
About Magnum Mi Steel
Magnum Mi Steel Private Limited (MMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 1995 and has a history of 29 years and six months. Its registered office is in Delhi, India.
The Corporate was formerly known as Stelco India Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 16.86 Cr and a paid-up capital of Rs 7.66 Cr.
The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹37.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Puja Batra, Yogesh Batra, Anuj Batra, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1995PTC073295
- Company No.
073295
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Oct 1995
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Manufacturing
What products or services does Magnum Mi Steel Private Limited offer?
Magnum Mi Steel Private Limited offers a wide range of products and services, including Physiotherapy & Rehab Aids, Rehab Cushions, PU Foam, Coir & Jute Mattresses, Foam Sheet, Bed Mattress, Steel Pipes and Tubes, Steel Pipes, Acoustic Window, Foam & Enclosures, Sound Absorption Equipment, Galvanized Pipe.
Magnum Mi Steel Private Limited
Explore comprehensive data for Magnum Mi Steel Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnum Mi Steel?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Batra  | Managing Director | 18-Oct-1995 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rohan Batra | Director | 17-Jan-2011 | Current |
| Puja Batra | Director | 13-Nov-2000 | Current |
| Anuj Batra | Director | 15-Nov-2008 | Current |
Yusuke Sanada  | Director | 30-Nov-2020 | Current |
| Daichi Kiyokawa | Director | 07-May-2024 | Current |
Financial Performance of Magnum Mi Steel.
Magnum Mi Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.84% increase. The company also saw a substantial improvement in profitability, with a 44.76% increase in profit. The company's net worth Soared by an impressive increase of 13.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnum Mi Steel?
In 2023, Magnum Mi Steel had a promoter holding of 65.00% and a public holding of 35.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magnum Strips And Tubes Private LimitedPuja Batra and Yogesh Batra are mutual person
Jsw Mi Steel Service Center Private LimitedYusuke Sanada is a mutual person
Caparo Mi Steel Processing Private LimitedDaichi Kiyokawa is a mutual person
- Magnum Sadoshima Ispat Private Limited
Puja Batra, Yogesh Batra and 2 more are mutual person
Kdb Investments Pvt LtdYogesh Batra is a mutual person
- Marubeni-Itochu Steel India Private Limited.
Yusuke Sanada is a mutual person
Charges (Loans)
Open Charges
₹35.00 Cr
Satisfied Charges
₹37.08 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2023 | State Bank Of India | ₹35.00 Cr | Open |
| 31 Dec 2016 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
| 28 Jun 2013 | State Bank Of India | ₹7.34 Cr | Satisfied |
| 19 Jun 2009 | State Bank Of India | ₹24.74 Cr | Satisfied |
How Many Employees Work at Magnum Mi Steel?
Magnum Mi Steel has a workforce of 92 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnum Mi Steel, 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 Magnum Mi Steel's trajectory.
Rating
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
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 Magnum Mi Steel
Recent activity within the organization
- Director Appointment
Daichi Kiyokawa was appointed as a Director was appointed as a Director on 07 May 2024 & has been associated with this company since 11 months 15 days .
- Charges
A charge registered on 19 Jun 2009 via Charge ID 10168818 with State Bank Of India was fully satisfied on 30 Apr 2024.
- Charges
A charge with State Bank Of India amounted to Rs. 35.00 Cr with Charge ID 100817655 was registered on 03 Nov 2023.
- Annual General Meeting
Magnum Mi Steel Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Balance Sheet
Magnum Mi Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with State Bank Of India of Rs. 24.74 Cr registered on 19 Jun 2009 with Charge ID 10168818 was modified on 19 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Magnum Mi Steel Private Limited?
Magnum Mi Steel Private Limited was incorporated on 18 Oct 1995.
What is authorized share capital and paid-up capital of Magnum Mi Steel Private Limited?
The authorized share capital of Magnum Mi Steel Private Limited is ₹ 16.86 Cr and paid-up capital is ₹ 7.66 Cr.
Who are the current board members & directors of Magnum Mi Steel Private Limited?
Currently 6 directors are associated with Magnum Mi Steel Private Limited.
- Puja Batra
- Yogesh Batra
- Anuj Batra
- Rohan Batra
- Yusuke Sanada
- Daichi Kiyokawa
What is the registered address of Magnum Mi Steel Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Mi Steel Private Limited is 51 Ground Floor Prakriti Marg, Sultanpur Farms India, New Delhi, 110030.
What is the corporate identification number (CIN) and company number of Magnum Mi Steel Private Limited?
The corporate identification number (CIN) of Magnum Mi Steel Private Limited is U74899DL1995PTC073295 and the company number is 073295 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magnum Mi Steel Private Limited?
The Official website of Magnum Mi Steel Private Limited is https://www.magnumtubes.com
What has been the recent revenue trend for Magnum Mi Steel Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Mi Steel Private Limited has risen by 26.84%.
How many employees does Magnum Mi Steel Private Limited currently have?
As Per 2023 financial reports, 92 employees are currently employed by Magnum Mi Steel Private Limited.
What change has been observed in the net worth of Magnum Mi Steel Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Mi Steel Private Limited has experienced an upsurge of 13.46%.
What are the total open charges for Magnum Mi Steel Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magnum Mi Steel Private Limited amount to ₹ 35.00 Cr.
When was the last Balance Sheet of Magnum Mi Steel Private Limited filed with the ROC?
The most recent Balance Sheet for Magnum Mi Steel Private Limited was filed with the ROC on 31 Mar 2023.
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