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ActiveCoimbatore, Tamil NaduSince 1990

Magna Electro Castings Limited

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Set up in 1990 in Coimbatore. It has pledged its assets against loans of up to ₹40.25 crore from 2 lenders.

CINL31103TZ1990PLC002836
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36 years at a glance

Loans against its assets, and when today's people joined

199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyCorporation Bank, up to ₹30 lakh, 31 May 1994 to 19 Nov 2019Corporation Bank, up to ₹1.4 crore, 7 Sept 1995 to 19 Nov 2019Union Bank of India, up to ₹35.25 crore, 26 Mar 1996 to still openCorporation Bank, up to ₹1 crore, 22 Mar 1999 to 24 Apr 2026Corporation Bank, up to ₹83 lakh, 20 Mar 2002 to 21 Jun 2007Corporation Bank, up to ₹96 lakh, 1 Oct 2003 to 14 Sept 2010Indian Bank, up to ₹1.05 crore, 18 May 2004 to 26 Nov 2010Indian Bank, up to ₹2.3 crore, 3 Jul 2004 to 26 Nov 2010Indian Bank, up to ₹35 lakh, 5 Nov 2004 to 26 Nov 2010Corporation Bank, up to ₹7.68 crore, 7 May 2005 to 14 Sept 2010Corporation Bank, up to ₹9.1 crore, 14 Sept 2006 to 12 Jun 2014Corporation Bank, up to ₹2 crore, 31 Oct 2008 to 1 Feb 2010Corporation Bank, up to ₹2.91 crore, 4 Jan 2010 to 20 Oct 2012Indian Bank, up to ₹3.2 crore, 19 Feb 2010 to 28 Feb 2015Corporation Bank, up to ₹5.5 crore, 18 Jun 2010 to 2 Dec 2015Corporation Bank, up to ₹4.25 crore, 24 Oct 2011 to 25 May 2012Indian Bank, up to ₹11.25 crore, 21 Feb 2012 to 7 Oct 2021Indian Bank, up to ₹3.2 crore, 19 Oct 2012 to 2 Jul 2018Indian Bank, up to ₹15.56 crore, 19 Oct 2012 to 7 Oct 2021Axis Bank Limited, up to ₹5 crore, 6 Aug 2021 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1990Registered as a company on 22 Aug 1990.
  • 1996Its biggest loan against assets, ₹35.25 crore with Union Bank of India, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹40.25 crorein loans backed by its assets, from 2 lenders

  • Union Bank of India₹35.25 crore

    Open, taken out 26 Mar 1996

  • Axis Bank Limited₹5 crore

    Open, taken out 6 Aug 2021

18 earlier loans, now paid off
  • Indian Bank19 Oct 2012 to 2 Jul 2018₹3.2 crore
  • Indian Bank19 Oct 2012 to 7 Oct 2021₹15.56 crore
  • Indian Bank21 Feb 2012 to 7 Oct 2021₹11.25 crore
  • Corporation Bank24 Oct 2011 to 25 May 2012₹4.25 crore
  • Corporation Bank18 Jun 2010 to 2 Dec 2015₹5.5 crore
  • Indian Bank19 Feb 2010 to 28 Feb 2015₹3.2 crore
  • Corporation Bank4 Jan 2010 to 20 Oct 2012₹2.91 crore
  • Corporation Bank31 Oct 2008 to 1 Feb 2010₹2 crore
  • Corporation Bank14 Sept 2006 to 12 Jun 2014₹9.1 crore
  • Corporation Bank7 May 2005 to 14 Sept 2010₹7.68 crore
  • Indian Bank5 Nov 2004 to 26 Nov 2010₹35 lakh
  • Indian Bank3 Jul 2004 to 26 Nov 2010₹2.3 crore
  • Indian Bank18 May 2004 to 26 Nov 2010₹1.05 crore
  • Corporation Bank1 Oct 2003 to 14 Sept 2010₹96 lakh
  • Corporation Bank20 Mar 2002 to 21 Jun 2007₹83 lakh
  • Corporation Bank22 Mar 1999 to 24 Apr 2026₹1 crore
  • Corporation Bank7 Sept 1995 to 19 Nov 2019₹1.4 crore
  • Corporation Bank31 May 1994 to 19 Nov 2019₹30 lakh

What its filings add

Magna Electro Castings files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.