Mb Magnets Pvt.Ltd. - Company Profile

It is a metals and minerals private limited company based in Durgapur, West Bengal, India, established in 1996.
1996 Durgapur, West Bengal, India Active
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About Mb Magnets Pvt.Ltd.

Mb Magnets Pvt.Ltd., a active private limited company, was established on 19 July 1996 in Durgapur, West Bengal, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U31904WB1996PTC080550. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.25 M.

It upholds a compliant status. Employing 27 professional, Its leadership includes Ashfaque Ahmad (Director), Bhaskar Choudhury (Director). Past directors included Pankaj Kumar Jha, Yachna Lakhotia, Piyush Kumar Lakhotia. It holds ₹40.25 Cr open charges and ₹69.87 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 59, 60, 61 Industrial Estate, Durgapur, West Bengal, 713212.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31904WB1996PTC080550

  • Registration Number

    080550

  • Incorporation Date

    19 July 1996

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.25 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.25 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 40.25 Cr
  • Satisfied Charges ₹ 69.87 Cr
  • Revenue Growth **** 633.29%
  • Profit Growth **** -81.01%
  • Ebitda **** -40.97%
  • Net Worth 0.40%
  • Total Assets **** 7.85%
Company report

Mb Magnets Pvt.Ltd.

Company Report FY 2025-2026

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Explore comprehensive insights into Mb Magnets Pvt.Ltd. — 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 Mb Magnets Pvt.Ltd.?
Current Directors
Name Designation Appointment Date Status
Ashfaque Ahmad Director 17 Mar 2018 Current
Bhaskar Choudhury Director 17 Mar 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Jul 2010 Past
Pramod Abcsdd Director 17 Mar 2018 Past
Pramod Abcsdd Director 23 Nov 2009 Past
Pramod Abcsdd Director 23 Nov 2009 Past
Pramod Abcsdd Director 30 Jun 2008 Past
Pramod Abcsdd Director 02 Dec 2011 Past

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Financial Performance of Mb Magnets.Ltd..

Mb Magnets Pvt.Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 633.29% increase. The company also saw a substantial fall in profitability, with a 81.01% decrease in profit. The company's net worth moved up by a moderate rise of 0.4%.

Mb Magnets.Ltd. revenue growth over time
Mb Magnets.Ltd. profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 633.29%
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*******
*******
*******
Revenue from Operations
*******
 633.29%
*******
*******
*******
*******
Total Assets
*******
 7.85%
*******
*******
*******
*******
Profit or Loss
*******
 -81.01%
*******
*******
*******
*******
Net Worth
*******
 0.40%
*******
*******
*******
*******
EBITDA
*******
 -40.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mb Magnets.Ltd.?

Unlock access to Mb Magnets.Ltd.'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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹402,500,000.00

Satisfied Charges

₹698,740,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 32.00 Cr
  • State Bank Of Patiala : 8.25 Cr
Latest Charge Details
Date Lender Amount Status
11 Apr 2025 Canara Bank ₹13.00 Cr Open
24 Dec 2024 Canara Bank ₹19.00 Cr Open
24 Nov 2004 State Bank Of Patiala ₹8.25 Cr Open
05 Oct 2010 Others ₹16.00 Cr Satisfied
28 Jul 2005 Stae Bank Of Hyderabad ₹7.50 Cr Satisfied

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How Many Employees Work at Mb Magnets.Ltd.?

Mb Magnets.Ltd. has a workforce of 27 employees as of Apr 09, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mb Magnets.Ltd., 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 Mb Magnets.Ltd.'s trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Mb Magnets.Ltd.
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mb Magnets Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 130.00 M with Charge ID 101088916 was registered on 11 Apr 2025. was documented.

  • Balance Sheet

    The activity Mb Magnets Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was completed.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 190.00 M with Charge ID 101025978 was registered on 24 Dec 2024. was completed.

  • Charges

    A charge registered on 05 Oct 2010 via Charge ID 10249004 with Others was fully satisfied on 20 Mar 2024. was recorded as a recent event.

  • Director Appointment

    Progress on Ashfaque Ahmad was appointed as a Director was appointed as a Director on 17 Mar 2018 & has been associated with this company since 7 years 11 months . was documented.

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Frequently Asked Questions
What is the CIN of Mb Magnets Pvt.Ltd.?

The CIN of Mb Magnets Pvt.Ltd. is U31904WB1996PTC080550.

Where is Mb Magnets Pvt.Ltd. headquartered?

Mb Magnets Pvt.Ltd. is headquartered at 59, 60, 61 Industrial Estate, Durgapur, West Bengal, 713212.

When was Mb Magnets Pvt.Ltd. incorporated?

Mb Magnets Pvt.Ltd. was incorporated on 19 July 1996.

Who are the current directors of Mb Magnets Pvt.Ltd.?

The current directors of Mb Magnets Pvt.Ltd. are

What is the primary industry of Mb Magnets Pvt.Ltd.?

The primary industry of Mb Magnets Pvt.Ltd. is Trade.

Is Mb Magnets Pvt.Ltd. a listed company?

Mb Magnets Pvt.Ltd. is unlisted.

What is the capital structure of Mb Magnets Pvt.Ltd.?

The authorized capital of Mb Magnets Pvt.Ltd. is ₹5.00 M, and the paid-up capital is ₹3.25 M.

What is the compliance status of Mb Magnets Pvt.Ltd.?

The compliance status of Mb Magnets Pvt.Ltd. is Compliant.

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