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ActivePunjabSince 1982

Magnetic Information Technology Limited

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Set up in 1982. It has pledged its assets against loans of up to ₹1.94 crore from 4 lenders.

CINU32109PB1982PLC005068
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44 years at a glance

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

1984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyPunjab State Industrial Development Corpn. Limited, up to ₹60 lakh, 17 Nov 1983 to still openState Bank of India, up to ₹6 lakh, 2 May 1984 to still openPunjab Financial Corporation, up to ₹30 lakh, 11 May 1984 to still openState Bank of India, up to ₹20 lakh, 23 May 1986 to still openIndustrial Finance Corporation of India, up to ₹31.5 lakh, 1 Apr 1987 to still openState Bank of India, up to ₹46.25 lakh, 21 Oct 1987 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1982Registered as a company on 10 Aug 1982.
  • 1983Its biggest loan against assets, ₹60 lakh with Punjab State Industrial Development Corpn. Limited, 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

₹1.94 crorein loans backed by its assets, from 4 lenders

  • State Bank of India₹72.25 lakh

    3 open loans, taken out 1984 to 1987

  • Punjab State Industrial Development Corpn. Limited₹60 lakh

    Open, taken out 17 Nov 1983

  • Industrial Finance Corporation of India₹31.5 lakh

    Open, taken out 1 Apr 1987

  • Punjab Financial Corporation₹30 lakh

    Open, taken out 11 May 1984

What its filings add

Magnetic Information Technology 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.