Mags Property Private Limited
About Mags Property Private Limited
Data last updated:
Mags Property Private Limited is a private limited company based in Chandigarh, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 23 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109CH2010PTC032039. Its GSTIN is 04AAGCM3883Q1ZU (Chandigarh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rakesh Khurana and Ghansher Singh.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #1246 Sector 22B, Chandigarh, India – 160022.
As per the financials filed for FY 2022, the company reported a revenue of ₹25.12 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹24.03 Lakh (net margin 95.7%) and EBITDA of ₹24.56 Lakh (EBITDA margin 97.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mags Property Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#1246 Sector 22B, Chandigarh, India – 160022
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mags Property Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mags Property is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mags Property Private Limited, buy the company report.
Financials of Mags Property Private Limited
FY 2025 filings availableMags Property Private Limited reported revenue of ₹25.12 Lakh (down 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 8% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.12 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.03 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.8% | ||||
| Net Profit Margin | 95.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mags Property Private Limited, buy the company report.
Board of directors of Mags Property Private Limited
Mags Property has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Khurana | Director | 23 Feb 2010 | 16 Years 8 Months | Current |
| Ghansher Singh Also directs: Sutlej Organics & Chemicals Private Limited | Director | 23 Feb 2010 | 16 Years 8 Months | Current |
| Mohinder Singh Dosanjh | Director | 23 Feb 2010 | 16 Years 8 Months | Current |
| Sanjeev Mehan | Director | 23 Feb 2010 | 16 Years 8 Months | Current |
Auditor
Mags Property Private Limited is audited by M I D A S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M I D A S & CO | FY 2021 | 023358N |
Shareholding
The shareholding of Mags Property Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mags Property Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mags Property Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mags Property Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mags Property has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAGCM3883Q1ZU | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mags Property Private Limited, buy the company report.
Recent activity
Mags Property Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Ghansher Singh was appointed as Director on 23 Feb 2010.
Frequently asked questions
Mags Property is an active private limited company based in Chandigarh, India. The company works in real estate financing, within the financial services industry. It was incorporated on 23 February 2010 (16+ years old) and is registered under CIN U70109CH2010PTC032039.
Mags Property has 4 current directors:
- Rakesh Khurana - Director
- Ghansher Singh - Director
- Mohinder Singh Dosanjh - Director
- Sanjeev Mehan - Director
The latest financial statements of Mags Property on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mags Property is 04AAGCM3883Q1ZU, registered in Chandigarh.
The CIN (Corporate Identification Number) of Mags Property is U70109CH2010PTC032039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mags Property was incorporated on 23 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ghansher Singh was appointed as Director on 23 Feb 2010. Mohinder Singh Dosanjh was appointed as Director on 23 Feb 2010. Rakesh Khurana was appointed as Director on 23 Feb 2010. Mags Property has 4 board changes on record in total.
The registered office of Mags Property is at #1246 Sector 22B, Chandigarh, India – 160022.
Mags Property operates in the financial services industry, in the real estate financing segment.
The compliance status of Mags Property is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.