About Magppie Global Houseware Private Limited
Data last updated:
Magppie Global Houseware Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 November 2015.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2015PTC287416. Its GSTIN is 06AAKCM0151F1ZU (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1,000. It is led by directors including Ankit Goel (Irp/Rp/Liquidator) and Kailash Chand Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Khasra No 324 Block J Sarup Nagar, New Delhi, Delhi, India – 110042.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.34 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3,912 (net margin 0.2%) and EBITDA of ₹93,660 (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 61% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
The last known website on record is magppie.com.
Company details
Contact details
Magppie Global Houseware Private Limited's registered office is in New Delhi, Delhi. Its website is magppie.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKhasra No 324 Block J Sarup Nagar, New Delhi, Delhi, India – 110042
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Magppie Global Houseware 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 Magppie Global Houseware is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Magppie Global Houseware Private Limited, buy the company report.
Financials of Magppie Global Houseware Private Limited
FY 2022 filings availableMagppie Global Houseware Private Limited reported revenue of ₹16.34 Lakh (up 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 61%. EBITDA rose 5% 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 | ₹16.34 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹93,660 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3,912 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Magppie Global Houseware Private Limited, buy the company report.
Board of directors of Magppie Global Houseware Private Limited
Magppie Global Houseware has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Chand Jain Also directs: Magppie Foods India Private Limited, Magppie Retail Limited, Golden Lotus Investments Private Limited and 1 more | Additional Director | 07 Mar 2023 | 3 Years 8 Months | As last reported |
| Ankit Goel Also directs: AAA Insolvency Professionals LLP, AAA Valuation Professionals LLP, Aaag & Co. LLP and 1 more | Irp/Rp/Liquidator | 05 Dec 2023 | 2 Years 11 Months | As last reported |
| Suresh Jain Also directs: Magppie Foods India Private Limited, Magppie Retail Limited, Golden Lotus Investments Private Limited and 1 more | Additional Director | 07 Mar 2023 | 3 Years 8 Months | As last reported |
Auditor
Magppie Global Houseware Private Limited is audited by R JM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R JM & CO | FY 2022 | 026141N |
Shareholding
The shareholding of Magppie Global Houseware Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magppie Global Houseware Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2019 | 100249873 | Uco Bank | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Magppie Global Houseware Private Limited has 6 court cases on record: 1 filed by Magppie Global Houseware, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against Bluemoon Logistics Private Limited and 1 other | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Uco Bank | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Magppie Global Houseware Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magppie Global Houseware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magppie Global Houseware Private Limited has a workforce of 1 employees on its EPFO records as of Oct 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 1 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Magppie Global Houseware Private Limited, buy the company report.
GST
Magppie Global Houseware has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCM0151F1ZU | Haryana | Active | 01 Jul 2017 |
| 24AAKCM0151F1ZW | Gujarat | Active | 16 Jul 2020 |
To see the full GST registrations and return filing status of Magppie Global Houseware Private Limited, buy the company report.
Recent activity
Magppie Global Houseware Private Limited has 14 board changes on record since 2016: 3 appointments and 11 cessations. The latest: Ankit Goel was appointed as Irp/Rp/Liquidator on 05 Dec 2023.
6 earlier events are in the company report.
Frequently asked questions
Magppie Global Houseware is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Magppie Global Houseware is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 November 2015 and is registered under CIN U74140DL2015PTC287416. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Magppie Global Houseware has 3 current directors:
- Kailash Chand Jain - Additional Director
- Suresh Jain - Additional Director
- Ankit Goel - Irp/Rp/Liquidator
The latest financial statements of Magppie Global Houseware on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Magppie Global Houseware is U74140DL2015PTC287416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magppie Global Houseware has open charges of ₹5 Cr and no satisfied charges on record as per latest MCA filings.
Magppie Global Houseware has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Magppie Global Houseware was incorporated on 16 November 2015. It is registered with the Registrar of Companies, Delhi.
Ankit Goel was appointed as Irp/Rp/Liquidator on 05 Dec 2023. Girish Kamal Gupta ceased to be Irp/Rp/Liquidator on 05 Dec 2023. Ashish Kumar Dalmia ceased to be Director on 07 Mar 2023. Magppie Global Houseware has 14 board changes on record in total.
Magppie Global Houseware can be reached through the website magppie.com. Its registered office is in New Delhi, Delhi, India.
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