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Magnus Steels Private Limited - Company Profile

It is a automotive private limited company based in Chandigarh, Chandigarh, India, established in 1996.

1996 | Chandigarh, Chandigarh, India | Active
Last Updated:

About Magnus Steels Private Limited

Magnus Steels Private Limited, a active private limited company, was established on 18 December 1996 in Chandigarh, Chandigarh, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U34102CH1996PTC019171. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹1.20 Cr.

It upholds a compliant status. Employing 34 professional, Its leadership includes Manju Kaushal (Director), Vikas Kaushal (Director). Past directors included Nirmal Kaushal. It holds ₹18.54 Cr open charges and ₹7.28 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at House No-3152, Sector - 21D, Chandigarh, Chandigarh, 160022.

Company Details

  • CIN/LLPIN

    U34102CH1996PTC019171

  • Registration Number

    019171

  • Incorporation Date

    18 December 1996

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹1.20 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.54 Cr
  • Satisfied Charges ₹ 7.28 Cr
  • Revenue Growth 47.33%
  • Profit Growth -52.67%
  • Ebitda 36.10%
  • Net Worth 7.28%
  • Total Assets 21.37%
Company report

Magnus Steels Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magnus Steels Private Limited — 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 Magnus Steels Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Manju KaushalDirector23 May 1997Current
Vikas KaushalDirector18 Dec 1996Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Jun 2020Past

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Financial Performance of Magnus Steels.

Magnus Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.33% increase. The company also saw a substantial fall in profitability, with a 52.67% decrease in profit. The company's net worth moved up by a moderate rise of 7.28%.

Magnus Steels revenue growth over time
Magnus Steels 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
47.33%
Revenue from Operations
53.48%
Total Assets
21.37%
Profit or Loss
-52.67%
Net Worth
7.28%
EBITDA
36.10%

What is the Ownership and Shareholding Structure of Magnus Steels?

In 2023, Magnus Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹185,405,500.00

Satisfied Charges

₹72,768,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.56 Cr
  • Sidbi : 4.81 Cr
  • Small Industries Development Bank Of India : 1.17 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jun 2024Sidbi₹1.50 CrOpen
21 Nov 2022Hdfc Bank Limited₹5.95 MOpen
28 Mar 2022Sidbi₹1.00 CrOpen
01 Jul 2020Sidbi₹5.00 MOpen
03 Jun 2020Sidbi₹2.10 MOpen

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How Many Employees Work at Magnus Steels?

Magnus Steels has a workforce of 34 employees as of Mar 28, 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 Magnus Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnus Steels, 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 Magnus Steels'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

Alert Indicator

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 Magnus Steels

Recent Activity within the Organization

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 11.97 Cr registered on 10 Feb 2015 with Charge ID 10559899 was modified on 07 Dec 2024. was completed.

  • Annual General Meeting

    Progress on Magnus Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Sidbi amounted to Rs. 1.50 Cr with Charge ID 100935300 was registered on 12 Jun 2024. was completed.

  • Balance Sheet

    Progress on Magnus Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.59 Cr with Charge ID 100665810 was registered on 21 Nov 2022. was recorded as a recent event.

  • Charges

    Progress on A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100558590 was registered on 28 Mar 2022. was documented.

Frequently Asked Questions

  • What is the CIN of Magnus Steels Private Limited?

    The CIN of Magnus Steels Private Limited is U34102CH1996PTC019171.

  • Where is Magnus Steels Private Limited headquartered?

    Magnus Steels Private Limited is headquartered at House No-3152, Sector - 21D, Chandigarh, Chandigarh, 160022.

  • When was Magnus Steels Private Limited incorporated?

    Magnus Steels Private Limited was incorporated on 18 December 1996.

  • Who are the current directors of Magnus Steels Private Limited?

    The current directors of Magnus Steels Private Limited are

  • What is the primary industry of Magnus Steels Private Limited?

    The primary industry of Magnus Steels Private Limited is Manufacturing.

  • Is Magnus Steels Private Limited a listed company?

    Magnus Steels Private Limited is unlisted.

  • What is the capital structure of Magnus Steels Private Limited?

    The authorized capital of Magnus Steels Private Limited is ₹2.50 Cr, and the paid-up capital is ₹1.20 Cr.

  • What is the compliance status of Magnus Steels Private Limited?

    The compliance status of Magnus Steels Private Limited is Compliant.

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