MAGMA HDI GENERAL INSURANCE COMPANY LIMITED

Active

MAGMA HDI GENERAL INSURANCE COMPANY LIMITED having CIN U66000WB2009PLC136327 is 15 years , 11 month & 12 days old Public Indian Company incorporated on 26 Jun 2009. It is classified as Non-government company and is registered at ROC Kolkata. Its authorized share capital is Rs. 3,500,000,000 and its paid up capital is Rs. 2,693,927,840. It's NIC code is 66000 (which is part of its CIN).

As per the NIC code, it is involved in . MAGMA HDI GENERAL INSURANCE COMPANY LIMITED Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 07-25-2023. Directors of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED are Sanjay Niranjan Sachdev and Sanjay Chamria.

MAGMA HDI GENERAL INSURANCE COMPANY LIMITED ' Corporate Identification Number (CIN) is U66000WB2009PLC136327 and its registration number is 136327. Users may contact MAGMA HDI GENERAL INSURANCE COMPANY LIMITED on its Email address - companysecretary@magma-hdi.co.in Registered address of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED is Development House 24 Park Street,Kolkata,West Bengal,India-700016. Current status of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED is - Active.

Key Indicators

Authorised Capital

3,500,000,000

as on 07/06/2025

Paid Up Capital

2,693,927,840

as on 07/06/2025

Company Age

15 Year, 11 Months

Last Filing with ROC

1 Year, 10 Months

CIN	U66000WB2009PLC136327
Company Status	Active
Registration Number	136327
Date of Incorporation	06/26/2009
RoC	ROC Kolkata
Company Age	15 years & 350 days
Authorized Capital	₹ 3500000000
Paid-up capital	₹ 2693927840
Company Category	Company limited by shares
Company Sub-Category	Non-government company
Class of company	Public
Activity
Listing status	Unlisted
Date of Last Annual General Meeting	31-03-2023
Date of Latest Balance Sheet	31-03-2023

Contact

Email ID	companysecretary@magma-hdi.co.in
Address	Ecospace Business Park Unit No 501 North 24 Parganas West Bengal India 700160
Website	magma-hdi.co.in
Contact Number	+91*******

Location on Map

Director

Designation	Name	Date OF Appointment	DIN	PAN	Tenure
Director	SANDHYA GADKARI SHARMA	08/31/2023	02005378	*****3153K	1 years
Director	SUNIL MITRA	09/28/2012	00113473	*****5982P	12 years
Director	VEGULAPARANAN KASI VISWANATHAN	05/31/2023	01782934		2 years
Director	RAJIVE KUMARASWAMI	04/04/2023	07501971	*****4079K	2 years
Director	MAYANK PODDAR	06/26/2009	00009409	*****2938Q	15 years
Director	SANJAY CHAMRIA	06/13/2023	00009894		1 years
Director	JENS HOLGER WOHLTHAT	01/25/2024	05245642		1 years
Director	KAILASH NATH BHANDARI	04/30/2024	00026078		1 years
Director	ADAR CYRUS POONAWALLA	08/10/2022	00044815	*****9955N	2 years
Director	GAURAV PARASRAMPURIA	01/22/2015	02351007	*****8677Q	10 years
Director	SANJAY NIRANJAN SACHDEV	07/31/2024	00415170	*****2198A	0 years
Director	SUDHIR HANSRAJ KAPADIA	07/31/2024	05307843	*****6785F	0 years
Director	VINESH MOHAN KRIPLANI	11/28/2023	08212644	*****3990C	1 years

Companies connected through Directors

Name	Status	Paid Up Capital	Common Directors	Address
ROYAL CHALLENGERS SPORTS PRIVATE LIMITED	Active	1,46,900.00	1	Karnataka
KSB LIMITED	Active	34,80,78,440.00	2	Maharashtra
HAGGLUNDS DRIVES (INDIA) PRIVATE LIMITED	Amalgamated	1,75,22,000.00	2
EXIDE LIFE INSURANCE COMPANY LIMITED	Amalgamated	18,50,00,00,000.00	2	Maharashtra
CELICA PROPERTIES PRIVATE LIMITED	Active	1,00,000.00	1	West Bengal
CELICA MOTOCORP PRIVATE LIMITED	Active	1,50,000.00	1	West Bengal
JAGUAR ADVISORY SERVICES PRIVATE LIMITED	Active	2,25,000.00	1	West Bengal
VIPER ESTATES AND INVESTMENTS PRIVATE LIMITED	Amalgamated	25,85,000.00	1	West Bengal
MAGMA ITL FINANCE LIMITED	Amalgamated	45,00,00,000.00	1	West Bengal
VARUNEHA COMMERCE PVT LTD	Converted to LLP	25,00,000.00	1	West Bengal
MAGMA VENTURES PRIVATE LIMITED	Active	26,92,98,760.00	2	West Bengal
MICROFIRM CAPITAL PRIVATE LIMITED	Amalgamated	1,66,88,500.00	2	West Bengal
HINDALCO-ALMEX AEROSPACE LIMITED	Active	88,55,78,720.00	2	Maharashtra
SHRISTI INFRASTRUCTURE DEVELOPMENT CORPO RATION LIMITED(AMAL)	Amalgamated	10,00,00,000.00	2	Delhi
THE BANK OF RAJASTHAN LIMITED	Amalgamated	1,61,35,00,930.00	2	Rajasthan
SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED	Active	22,20,00,000.00	2	West Bengal
SERUM INSTITUTE OF INDIA PRIVATE LIMITED	Active	4,81,92,530.00	2
VILLOO POONAWALLA RACING & BREEDING PRIVATE LIMITED	Active	54,21,01,000.00	1
SERUM INSTITUTE LIFE SCIENCES PRIVATE LIMITED	Active	6,36,57,36,300.00	2
SERUM INTERNATIONAL LIMITED	Amalgamated	4,07,50,200.00	1
POONAWALLA FINANCE PRIVATE LIMITED	Active	12,30,64,24,000.00	1	Maharashtra
POONAWALLA CREDIT PRIVATE LIMITED	Active	2,54,90,00,200.00	2
RISING SUN HOLDINGS PVT LTD	Active	77,94,01,14,500.00	2
GOPS AGRO AND CRAFTS (OPC) PRIVATE LIMITED	Active	10,000.00	1	Maharashtra
URUSHYA WEALTH MANAGEMENT LLP	Active	0.00	1	-
FIRST ASIAN INFRAVENTURES PRIVATE LIMITED	Active	1,00,000.00	2	Maharashtra
ZYFIN CAPITAL PRIVATE LIMITED	Active	8,52,06,910.00	2	Maharashtra
SPLENDID AUTOMOTIVE COMPONENTS PRIVATE LIMITED	Strike Off	1,00,000.00	2	Delhi
ERNST & YOUNG PRIVATE LIMITED	Converted to LLP	11,68,04,340.00	2	West Bengal
H2E POWER SYSTEMS PRIVATE LIMITED	Active	73,87,38,760.00	2
SVASTI MICROFINANCE PRIVATE LIMITED	Active	5,30,03,140.00	9	Tamil Nadu
JETSYNTHESYS PRIVATE LIMITED	Active	1,86,32,540.10	5
SALT ENERGY STORAGE PRIVATE LIMITED	Active	1,00,000.00	6
AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED	Active	2,00,00,00,000.00	2	Delhi
JAIPRAKASH ASSOCIATES LIMITED	Under CIRP	4,90,91,91,280.00	2	Uttar Pradesh
BHARTI AIRTEL LIMITED	Active	28,95,52,92,867.50	2	Haryana
HDFC LIFE INSURANCE COMPANY LIMITED	Active	21,52,98,81,870.00	2	Maharashtra
DEVSAR VYAPAAR PVT LTD	Active	75,75,000.00	2	West Bengal

Charges on assets

Others

No. of Loans: 9

Total Amount: 11,924,809.00 cr

Charge Holder	Branch	Amount	Date of creation	Modification	Satisfaction	Status
Others	LOWER PAREL W	900,000	16 Oct, 2019	-	05 Mar, 2022	Closed
Others	Bandra Kurla Complex, Bandra (E),	2,017,880	14 Feb, 2017	-	01 Apr, 2022	Closed
Others	Bandra Kurla Complex, Bandra (E),	1,665,896	25 Jan, 2017	-	18 Sep, 2021	Closed
Others	LOWER PAREL W	1,304,728	29 Mar, 2019	-	23 Aug, 2021	Closed
Others	LOWER PAREL W	681,841	31 Jan, 2020	-	21 Jun, 2024	Closed
Others	LOWER PAREL W	1,000,000	23 Apr, 2019	-	21 Jun, 2024	Closed
Others	LOWER PAREL W	1,720,213	19 Jul, 2019	-	26 Jul, 2024	Closed
Others	LOWER PAREL W	1,312,349	31 Jan, 2019	-	21 Jun, 2024	Closed
Others	LOWER PAREL W	1,321,902	24 Dec, 2018	-	21 Jun, 2024	Closed

Registered Details

CIN

U66000WB2009PLC136327

PAN

U66000WB2009PLC136327

Incorporation

1 years , 6 month

Company Email

companysecretary@magma-hdi.co.in

Paid up Capital

₹ 2,693,927,840

Authorised Capital

₹ 3,500,000,000

Type

Public Non-government company

* There is the date provided by MCA, but availability for this year is not guaranteed.

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales

9.29%

₹ 140,987.4

EBITDA

29%

₹ 135,987.4

Net Profit

29%

₹ 135,987.4

Networth

29%

₹ 135,987.4

Borrowings

9.29%

₹ 140,987.4

Assets

9.29%

₹ 140,987.4

Gross Margin

9.29%

₹ 140,987.4

Operating Margin

29%

₹ 135,987.4

Net Profit Margin

29%

₹ 135,987.4

Return on Equity

29%

₹ 135,987.4

ROCE

9.29%

₹ 140,987.4

Debt to Equity

9.29%

₹ 140,987.4

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales
Operating profit
Net profit
Gross margin
Operating margin
Net margin
Networth
Borrowings
Assets
Debt to equity
Current ratio
ROE
Days payable
WC days

Balance Sheet

**** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds +
(a) Share capita
(b) Reserves and surplus
(c) Money received against share warrants
(2) Share application money pending allotment
(3) Non-current liabilities +
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long-term liabilities
(d) Long-term provisions
(4) Current liabilities +
(a) Short-term borrowings
(b) Trade payables
(A) total outstanding dues of micro enterprises and small enterprises; and
(B) total outstanding dues of creditors other than micro enterprises and small enterprises.
(c) Other current liabilities
(d) Short-term provisions
Total
ASSETS
Non-current assets +
(a) [Property, Plant and Equipment]
(i) Tangible assets
(ii) Intangible assets
(iii)Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets
(2) Current assets +
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds +
(a) Share capita
(b) Reserves and surplus
(c) Money received against share warrants
(2) Share application money pending allotment
(3) Non-current liabilities +
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long-term liabilities
(d) Long-term provisions
(4) Current liabilities +
(a) Short-term borrowings
(b) Trade payables
(A) total outstanding dues of micro enterprises and small enterprises; and
(B) total outstanding dues of creditors other than micro enterprises and small enterprises.
(c) Other current liabilities
(d) Short-term provisions
Total
ASSETS
Non-current assets +
(a) [Property, Plant and Equipment]
(i) Tangible assets
(ii) Intangible assets
(iii)Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets
(2) Current assets +
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Total assets

Profit & Loss

**** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
I.Revenue from operations
II. Other income
III.Total Revenue (I + II)
IV.Expenses +
(1)Cost of materials consumed
(2)Purchases of Stock-in-Trade
(3)Changes in inventories of finished goods work-in-progress and
(4)Stock-in-Trade
(5)Employee benefits expense
(6)Finance costs
(7)Depreciation and amortisation expense
(8)Other expenses
(9)Total expenses
VProfit before exceptional and extraordinary items and tax (III - IV)
VIExceptional items
VII.Profit before extraordinary items and tax (V - VI)
VIII.Extraordinary items
IX.Profit before tax (VII- VIII)
X. Tax expense: +
(1)Current tax
(2)Deferred tax
XI.Profit (Loss) for the period from continuing operations (VII-VIII)
XII.Profit/(loss) from discontinuing operations
XIII.Tax expense of discontinuing operations
XIV.Profit/(loss) from Discontinuing operations (after tax) (XII-XIII)
XV.Profit (Loss) for the period (XI + XIV)
XVI.Earnings per equity share: +
(1) Basic
(2)Diluted

Precentage of total incomex
Sales +
Sales growth %
Expenses +
Cost of services
Employee benefits expense
Other costs
Operating profit +
Operating margin %
Other income
Interest
Depreciation
Exceptional items
Profit before tax
Tax
Profit - disc. ops
Net profit
Net margin %

Ratio

** All numbers in INR crores


Solvency +
Total Debt/Equity
Net Debt/Equity
Total Debt/Assets
Total Assets/Equity
Liquidity +
Current Ratio
Quick Ratio
Interest Coverage
Performance
Gross Margin
Operating Margin
Net Margin
Return +
Return on Equity
Pre-tax ROCE
Return on Assets
Pre-tax ROIC
Efficiency +
Days Payable
Days Inventory
Days Receivable
Fixed Asset Turnover
Total Asset Turnover
Working Capital
Cash Conversion Cycle
Working Capital Days

Subsidiaries, Associate Companies & Join Ventures of Magma Hdi General Insurance Company Limited

Company Identifier	Name	Percentage of Shares Held

Fund Raising Activity of Magma Hdi General Insurance Company Limited

Date of Allotment	Securities Alloted	Terms	Number of Securities	Nominal Amount	Premium Amount Due & Payable	Premium Amount Paid	Total Discount	Amount to be Paid on Calls (Excluding Premium)	Attachments

Board Meetings of Magma Hdi General Insurance Company Limited

Date of Filing	Date of Dispatch of Notice	Date of Passing Resolution	Section (Companies Act 2013)	Section (Companies Act 1956)	Subject Matter of Resolution	Resolution Agreed By	Resolution Type	Additional Documents

Auditors of Magma Hdi General Insurance Company Limited

Financial Year	Name of Auditor or Firm	PAN of Auditor or Firm	Membership Number / Registration Number	Name of Auditor Signing Report	Membership Number of Auditor Signing Report

Outstanding Payments to Micro & Small Enterprises

Filing Type	As On	Amount Due to MSME	Current Liabilities	Ratio to Current Liabilities	Reasons for Delay

Investor Complaints & Serious Complaints About Magma Hdi General Insurance Company Limited

Director Complain

Date	DIN	Cessation Date	Cessation Reason	Complaint

Serious Complaints

Date	Complaint	Other

Investor Complaints & Other Complaints

Date	Complaint Type	Complaint Sub Type	Particulars of Secutiries	Period	Complaint	Other Details

Prosecution Details of Magma Hdi General Insurance Company Limited

S.No.	Defaulting Entities	Court Name	Prosecution Section	Date of Order	Status

FAQs- Magma Hdi General Insurance Company Limited

What is MAGMA HDI GENERAL INSURANCE COMPANY LIMITED ?

MAGMA HDI GENERAL INSURANCE COMPANY LIMITED having CIN U66000WB2009PLC136327 is 1 years , 6 month old Public Indian Company incorporated with MCA on 28 Nov 2023. MAGMA HDI GENERAL INSURANCE COMPANY LIMITED is listed in the class of Public Indian Company and classified as Non-government company. This company is registered at Registrar of Companies(ROC), ROC Kolkata with an Authorized Share Capital of 3,500,000,000 and paid-up capital is 2,693,927,840.

What is the CIN of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED?

CIN of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED is U66000WB2009PLC136327.

Where is MAGMA HDI GENERAL INSURANCE COMPANY LIMITED located?

Address of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED is Development house 24 park street,kolkata,west bengal,india-700016,.

Who are the directors of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED ?

The company has 24 directors/key management personnel Sandhya Sharma,sweta Bharucha,sunil Mitra,vegulaparanan Viswanathan,rajive Kumaraswami,mayank Poddar,sanjay Chamria,jens Holger Wohlthat,kailash Bhandari,adar Poonawalla,gaurav Parasrampuria,u66000wb2009plc136327 U66000wb2009plc136327,rajive Kumaraswami,swati Singh,sanjay Sachdev,sudhir Kapadia,swati Singh,adar Poonawalla,jens Holger Wohlthat,kailash Bhandari,vinesh Kriplani,sandhya Sharma,vegulaparanan Viswanathan,sanjay Chamria,

What is the contact details of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED ?

Email : companysecretary@magma-hdi.co.in
Address : Ecospace Business Park Unit No 501 North 24 Parganas West Bengal India 700160

What does MAGMA HDI GENERAL INSURANCE COMPANY LIMITED do?

MAGMA HDI GENERAL INSURANCE COMPANY LIMITED is involved in activities such as Computer programming, consultancy and related activities

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