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Mag Solvics Location T. Score Charges People Network Registered Details

MAG SOLVICS PRIVATE LIMITED

Active
Updated: 23 Oct 2024

The company manufactures testing machinery, and online monitoring systems used in the textile industry to test all cotton, yarn, and fabric to analyse the life, strength, colour, length, moisture.

Mag Solvics Private Limited, is an unlisted private company incorporated on 11 July, 2005. It is classified as a private limited company and is located in Solavampalayam Post, Tamil Nadu. It's authorized share capital is INR 3.50 cr and the total paid-up capital is INR 3.34 cr.

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Industry

Manufacturing (Machinery & Equipments)
Products
  • Textile Testing Equipment, Yarn Testing Machine, UH Expert Series etc, Fibre Testing Machine, Fabric Testing Instruments
Key Metrics

** All rupee values in INR crores. Based on March 2022 numbers.

Sales
54.58%
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EBITDA
-15.54%
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Net Profit
90.17%
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Networth
2.28%
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Borrowings
-10.89%
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Assets
13.67%
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Gross Margin
-9.49
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Operating Margin
-3.61
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Net Profit Margin
0.11
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Return on Equity
0.83
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ROCE
-1.91
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Debt to Equity
-0.07
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Sales
Mar 2022
Net worth
Mar 2022

Locations

indian flag India (2)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
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Networth
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Margins

Gross margin
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Balance Sheet

%
** All numbers in INR crores
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Total assets

Profit & Loss

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** All numbers in INR crores
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Revenue from operations

Ratios

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

The Federal Bank Limited

No. of Loans: 3

Total Amount : 11.2 cr

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Charges

The Federal Bank Limited

People

Designation Name DIN/PAN Tenure
Managing Director Rangaswamy Manikandamurthy
Shareholder
00805580 19 years
Whole-time Director Gangadharan Mani
Shareholder
01893675 17 years
Whole-time Director Chidambaram Dhandayuthapani
Shareholder
06966326 10 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
MAG UNICORP PRIVATE LIMITED
Active
50.0 L 3 Tamil Nadu

Registered Details

CIN

U29261TZ2005PTC011986

PAN

AAECM5056F

Incorporation

2005, 19.4 years

Company Email

faa@magsolvics.com

Paid up Capital

₹ 3.3 Cr

Authorised Capital

₹ 3.5 Cr

AGM

Sep 2023

Type

Private
Non-government Company

Last Balance Sheet Date

Mar 2023 Updated on : 23 Oct 2024
* This is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - MAG SOLVICS PRIVATE LIMITED

What is the incorporation date of MAG SOLVICS PRIVATE LIMITED?

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The incorporation date of MAG SOLVICS PRIVATE LIMITED is 11 July, 2005

What is the authorized share capital of MAG SOLVICS PRIVATE LIMITED?

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The authorized share capital of MAG SOLVICS PRIVATE LIMITED is INR ₹ 3.5 Cr.

What is the paid-up capital of MAG SOLVICS PRIVATE LIMITED?

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The paid-up capital of MAG SOLVICS PRIVATE LIMITED is INR ₹ 3.3 Cr.

What is the registered address of MAG SOLVICS PRIVATE LIMITED?

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The registered address of MAG SOLVICS PRIVATE LIMITED is SF No. 149/5 Dynamic Center Solavampalayam Post Tamil Nadu - 642109

What is the CIN number of MAG SOLVICS PRIVATE LIMITED?

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The CIN number of MAG SOLVICS PRIVATE LIMITED is U29261TZ2005PTC011986.

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