Magsons Network Private Limited Company Logo

Magsons Network Private Limited - Company Profile

It is a travel and hospitality private limited company based in Goa, Goa, India, established in 1988.

1988 | Goa, Goa, India | Active
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About Magsons Network Private Limited

Magsons Network Private Limited, a active private limited company, was established on 14 March 1988 in Goa, Goa, India. Engaging in hotel & accommodation services within the trade sector, it holds CIN: U55101GA1988PTC000809. Registered under ROC Roc Goa. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.13 M.

It upholds a compliant status. Employing 4 professional, Its leadership includes Andrea Kirit Maganlal (Director), Kirit Jaisinh Maganlal (Director). Past directors included Jaisinh Canji Maganlal. It holds ₹1.73 M open charges and ₹19.11 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Maganlal Sadan,Dr.Dada Vaidya Road Panaji, Goa, Goa, 403001.

Company Details

  • CIN/LLPIN

    U55101GA1988PTC000809

  • Registration Number

    000809

  • Incorporation Date

    14 March 1988

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.13 M

  • ROC Code

    Roc Goa

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.13 M
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.73 M
  • Satisfied Charges ₹ 19.11 Cr
  • Revenue Growth -53.78%
  • Profit Growth -327.03%
  • Ebitda -2407.61%
  • Net Worth -7.90%
  • Total Assets -4.12%
Company report

Magsons Network Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magsons Network 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 Magsons Network Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Andrea Kirit MaganlalDirector14 Mar 1988Current
Kirit Jaisinh MaganlalDirector01 Jul 1997Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector27 Nov 2017Past

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Financial Performance of Magsons Network.

Magsons Network Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.78% decrease. The company also saw a substantial fall in profitability, with a 327.03% decrease in profit. The company's net worth dipped by a decrease of 7.9%.

Magsons Network revenue growth over time
Magsons Network 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
-53.78%
Revenue from Operations
Total Assets
-4.12%
Profit or Loss
-327.03%
Net Worth
-7.90%
EBITDA
-2407.61%

What is the Ownership and Shareholding Structure of Magsons Network?

Unlock access to Magsons Network'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

₹1,726,000.00

Satisfied Charges

₹191,050,000.00

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 0.14 Cr
  • Bank Of India : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
08 Apr 2004Bank Of India₹0.30 MOpen
07 Mar 2000Central Bank Of India₹0.30 MOpen
29 Dec 1999Central Bank Of India₹1.13 MOpen
24 Oct 2014Hdfc Bank Limited₹7.70 CrSatisfied
27 Feb 2014Bajaj Finance Limited₹8.80 MSatisfied

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How Many Employees Work at Magsons Network?

Magsons Network has a workforce of 4 employees as of Mar 21, 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 Magsons Network Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magsons Network, 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 Magsons Network'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 Magsons Network

Recent Activity within the Organization

  • Annual General Meeting

    Magsons Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Magsons Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa. was documented.

  • Charges

    A charge registered on 24 Oct 2014 via Charge ID 10529266 with Hdfc Bank Limited was fully satisfied on 22 Jan 2016. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 77.00 M with Charge ID 10529266 was registered on 24 Oct 2014. was recorded as a recent event.

  • Charges

    A charge registered on 27 Feb 2014 via Charge ID 10484563 with Bajaj Finance Limited was fully satisfied on 17 Oct 2014. was recorded as a recent event.

  • Charges

    A charge registered on 25 Feb 2013 via Charge ID 10410918 with Bajaj Finance Limited was fully satisfied on 17 Oct 2014. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Magsons Network Private Limited?

    The CIN of Magsons Network Private Limited is U55101GA1988PTC000809.

  • Where is Magsons Network Private Limited headquartered?

    Magsons Network Private Limited is headquartered at Maganlal Sadan,Dr.Dada Vaidya Road Panaji, Goa, Goa, 403001.

  • When was Magsons Network Private Limited incorporated?

    Magsons Network Private Limited was incorporated on 14 March 1988.

  • Who are the current directors of Magsons Network Private Limited?

    The current directors of Magsons Network Private Limited are

  • What is the primary industry of Magsons Network Private Limited?

    The primary industry of Magsons Network Private Limited is Trade.

  • Is Magsons Network Private Limited a listed company?

    Magsons Network Private Limited is unlisted.

  • What is the capital structure of Magsons Network Private Limited?

    The authorized capital of Magsons Network Private Limited is ₹1.50 M, and the paid-up capital is ₹1.13 M.

  • What is the compliance status of Magsons Network Private Limited?

    The compliance status of Magsons Network Private Limited is Compliant.

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