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Permanent Magnets Limited - Company Profile

It is a machinery and equipment public limited company based in Silvassa, Dadra & Nagar Haveli, India, established in 1960.

1960 | Silvassa, Dadra & Nagar Haveli, India | Active
Last Updated:

About Permanent Magnets Limited

Permanent Magnets Limited, a active public limited company, was established on 26 November 1960 in Silvassa, Dadra & Nagar Haveli, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L27100DN1960PLC000371. Registered under ROC Roc Ahmedabad. it is listed on BSE: 504132. It has an authorized capital of ₹26.00 Cr and a paid-up capital of ₹8.60 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹188.19 Cr and a net worth of ₹110.95 Cr. Employing 143 professional, Its leadership includes Nirmal Kumar Jain (Director), Mukul Taparia (Director), Kamal Binani (Director). Past directors included Rajeev Jugalkishor Mundra, Pawan Girdharilal Agrawal, Kamal Binani. It holds ₹38.65 Cr open charges and ₹67.88 Cr settled loans. Its latest AGM occurred on 07 August 2025, with the balance sheet filed on 31 March 2025. It is based at Harsh Avenue, 302, 3Rd Floor Opp Silvassa Police Station, Silvassa Va, Pi Main Rd, Silvassa, Dadra & Nagar Haveli, 396230.

Company Details

  • CIN/LLPIN

    L27100DN1960PLC000371

  • Registration Number

    000371

  • Incorporation Date

    26 November 1960

  • Authorized Capital

    ₹26.00 Cr

  • Paid-Up Capital

    ₹8.60 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 504132)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 8.60 Cr
  • Company Age 64 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 38.65 Cr
  • Satisfied Charges ₹ 67.88 Cr
  • Revenue Growth 41.22%
  • Profit Growth 56.23%
  • Ebitda 54.37%
  • Net Worth 34.94%
  • Total Assets 30.43%
Company report

Permanent Magnets Limited

Company Report FY 2025-2026

Explore comprehensive insights into Permanent Magnets 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 Permanent Magnets Limited?

Current Directors

NameDesignationAppointment DateStatus
Nirmal Kumar JainDirector09 Aug 2024Current
Mukul TapariaDirector22 Sep 2014Current
Kamal BinaniDirector26 Dec 2017Current
Sunaina TapariaDirector01 Apr 2015Current
Girish Ramanlal DesaiDirector01 Jun 2020Current
Sharadkumar Jaiprakash TapariaManaging Director15 May 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector12 Aug 2024Past
Pramod AbcsddCompany Secretary31 Mar 2012Past
Pramod AbcsddAdditional Director28 Sep 2018Past
Pramod AbcsddDirector30 Nov 2017Past
Pramod AbcsddAdditional Director29 Sep 2015Past
Pramod AbcsddManaging Director30 Mar 2011Past

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Financial Performance of Permanent Magnets.

Permanent Magnets Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.22% increase. The company also saw a substantial improvement in profitability, with a 56.23% increase in profit. The company's net worth Soared by an impressive increase of 34.94%.

Permanent Magnets revenue growth over time
Permanent Magnets 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
41.22%
Revenue from Operations
41.10%
Total Assets
30.43%
Profit or Loss
56.23%
Net Worth
34.94%
EBITDA
54.37%

What is the Ownership and Shareholding Structure of Permanent Magnets?

In 2023, Permanent Magnets had a promoter holding of 58.00% and a public holding of 41.99%. 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

₹386,495,292.00

Satisfied Charges

₹678,767,000.00

Charges Breakdown by Lending Institutions

  • Others : 24.45 Cr
  • State Bank Of India : 13.61 Cr
  • Bank Of India : 0.40 Cr
  • The United Commercial Bank Ltd. : 0.10 Cr
  • Mahindra And Mahindra Financial Services Limited : 0.06 Cr
  • Others : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2025Others₹2.45 MOpen
27 Jun 2025State Bank Of India₹2.41 CrOpen
20 Jun 2025Others₹1.53 MOpen
20 Jun 2025Others₹1.53 MOpen
08 Nov 2023State Bank Of India₹4.70 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Permanent Magnets?

Permanent Magnets has a workforce of 143 employees as of Apr 08, 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 Permanent Magnets Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Permanent Magnets, 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 Permanent Magnets'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 Permanent Magnets

Recent Activity within the Organization

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 101137221 was registered on 07 Aug 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Permanent Magnets Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 2.41 Cr with Charge ID 101124017 was registered on 27 Jun 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101118938 was registered on 20 Jun 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101118438 was registered on 20 Jun 2025. was documented.

  • Balance Sheet

    Progress on Permanent Magnets Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

Frequently Asked Questions

  • What is the CIN of Permanent Magnets Limited?

    The CIN of Permanent Magnets Limited is L27100DN1960PLC000371.

  • Where is Permanent Magnets Limited headquartered?

    Permanent Magnets Limited is headquartered at Harsh Avenue, 302, 3Rd Floor Opp Silvassa Police Station, Silvassa Va, Pi Main Rd, Silvassa, Dadra & Nagar Haveli, 396230.

  • When was Permanent Magnets Limited incorporated?

    Permanent Magnets Limited was incorporated on 26 November 1960.

  • Who are the current directors of Permanent Magnets Limited?

    The current directors of Permanent Magnets Limited are

  • What is the primary industry of Permanent Magnets Limited?

    The primary industry of Permanent Magnets Limited is Manufacturing.

  • Is Permanent Magnets Limited a listed company?

    Permanent Magnets Limited is listed. It is listed on BSE: 504132.

  • What is the capital structure of Permanent Magnets Limited?

    The authorized capital of Permanent Magnets Limited is ₹26.00 Cr, and the paid-up capital is ₹8.60 Cr.

  • What is the compliance status of Permanent Magnets Limited?

    The compliance status of Permanent Magnets Limited is Compliant.

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