Underground Magnetics Private Limited - Company Profile

It is a machinery and equipment foreign private limited company based in Suraj Kund, Haryana, India, established in 2016.
2016 Suraj Kund, Haryana, India Active
Last Updated:
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About Underground Magnetics Private Limited

Underground Magnetics Private Limited, a active foreign private limited company, was established on 28 September 2016 in Suraj Kund, Haryana, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: U74999HR2016FTC065935. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹10.00 Cr.

It upholds a compliant status. Its leadership includes Rajeev Gupta (Managing Director), Michael David Young (Director). Past directors included Rajeev Gupta, Michael David Young, Harsh Vardhan Bagaria. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at 501 & 506, 5Th Floor, The Pinnacle Business Tower Shooting Range Road, Suraj Kund, Haryana, 121009.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999HR2016FTC065935

  • Registration Number

    065935

  • Incorporation Date

    28 September 2016

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹10.00 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 34.44%
  • Profit Growth **** 17.25%
  • Ebitda **** 7.91%
  • Net Worth 15.57%
  • Total Assets **** 13.84%
Company report

Underground Magnetics Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Underground Magnetics 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 Underground Magnetics Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajeev Gupta Managing Director 01 Apr 2024 Current
Michael David Young Director 18 May 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 01 Jan 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 30 Mar 2018 Past
Pramod Abcsdd Director 31 Mar 2025 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Underground Magnetics.

Underground Magnetics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.44% increase. The company also saw a substantial improvement in profitability, with a 17.25% increase in profit. The company's net worth Soared by an impressive increase of 15.57%.

Underground Magnetics revenue growth over time
Underground Magnetics 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
********
 34.44%
*******
*******
*******
*******
Revenue from Operations
*******
 34.59%
*******
*******
*******
*******
Total Assets
*******
 13.84%
*******
*******
*******
*******
Profit or Loss
*******
 17.25%
*******
*******
*******
*******
Net Worth
*******
 15.57%
*******
*******
*******
*******
EBITDA
*******
 7.91%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Underground Magnetics?

In 2023, Underground Magnetics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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How Many Employees Work at Underground Magnetics?

Unlock and access historical data on people associated with Underground Magnetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Underground Magnetics, 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 Underground Magnetics's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Underground Magnetics
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Underground Magnetics Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    The activity Rajeev Gupta was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2024 & has been associated with this company since 2 years 1 month . was completed.

  • Balance Sheet

    The activity Underground Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was completed.

  • Director Appointment

    Progress on Michael David Young was appointed as a Director was appointed as a Director on 18 May 2022 & has been associated with this company since 4 years 9 days . was documented.

  • Director Appointment

    Progress on Richa Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2017 & has been associated with this company since 9 years 4 months . was documented.

  • Company Incorporation

    The activity Underground Magnetics Private Limited was registered on 28 Sep 2016 with Roc Delhi & aged 9 years 7 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Underground Magnetics Private Limited?

The CIN of Underground Magnetics Private Limited is U74999HR2016FTC065935.

Where is Underground Magnetics Private Limited headquartered?

Underground Magnetics Private Limited is headquartered at 501 & 506, 5Th Floor, The Pinnacle Business Tower Shooting Range Road, Suraj Kund, Haryana, 121009.

When was Underground Magnetics Private Limited incorporated?

Underground Magnetics Private Limited was incorporated on 28 September 2016.

Who are the current directors of Underground Magnetics Private Limited?

The current directors of Underground Magnetics Private Limited are

What is the primary industry of Underground Magnetics Private Limited?

The primary industry of Underground Magnetics Private Limited is Manufacturing.

Is Underground Magnetics Private Limited a listed company?

Underground Magnetics Private Limited is unlisted.

What is the capital structure of Underground Magnetics Private Limited?

The authorized capital of Underground Magnetics Private Limited is ₹20.00 Cr, and the paid-up capital is ₹10.00 Cr.

What is the compliance status of Underground Magnetics Private Limited?

The compliance status of Underground Magnetics Private Limited is Compliant.

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