Magalir Finserv Private Limited

Provides financial consultancy services since 2019, based in Tamil Nadu.

2019 | Tirunelveli, Tamil Nadu (India) | Active
Last Updated: January 29, 2025

Magalir Finserv Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.52 Cr
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.60 M
  • Revenue Growth 2427.43%
  • Profit Growth 9567.39%
  • Ebitda 46753.26%
  • Net Worth 97.18%
  • Total Assets 328.72%

About Magalir Finserv

Magalir Finserv Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 August 2019 (Five years and six months 19 days old ). Its registered office is in Tirunelveli, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.52 Cr.

The company currently has active open charges totaling ₹5.60 M.

Fathurabbani Sadiq, Seyadrabbani Fathurabbani, Subramanian Ramakrishnan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Tirunelveli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52100TN2019PTC130987

  • Company No.

    130987

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2019

  • Date of AGM

    03 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Magalir Finserv?

Board Members (5)

NameDesignationAppointment DateStatus
Fathurabbani Sadiq Country flag representing In Director 07-Aug-2019Current
Seyadrabbani Fathurabbani Country flag representing In Director 05-Sep-2022Current
Subramanian Ramakrishnan Country flag representing In Director 30-Sep-2021Current
Seena Rajan Country flag representing In Director 07-Aug-2019Current
Sadiq Rabbani Country flag representing In Director 30-Sep-2021Current

Financial Performance of Magalir Finserv.

Magalir Finserv Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2427.43% increase. The company also saw a substantial improvement in profitability, with a 9567.39% increase in profit. The company's net worth Soared by an impressive increase of 97.18%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
2427.43%
Revenue from Operations
3601.00%
Total Assets
328.72%
Profit or Loss
9567.39%
Net Worth
97.18%
EBITDA
46753.26%

What is the Ownership and Shareholding Structure of Magalir Finserv?

In 2023, Magalir Finserv had a public holding of 32.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.56 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2023Others₹5.60 MOpen

How Many Employees Work at Magalir Finserv?

Magalir Finserv has a workforce of 277 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magalir Finserv, 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 Magalir Finserv's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Magalir Finserv

Recent activity within the organization

  • Annual General Meeting

    Magalir Finserv Private Limited last Annual general meeting of members was held on 03 Jun 2024 as per latest MCA records.

    03 Jun 2024

  • Balance Sheet

    Magalir Finserv Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.56 Cr with Charge ID 100799630 was registered on 30 Sep 2023.

    30 Sep 2023

  • Director Appointment

    Seyadrabbani Fathurabbani was appointed as a Director was appointed as a Director on 05 Sep 2022 & has been associated with this company since 2 years 5 months .

    05 Sep 2022

  • Director Appointment

    Subramanian Ramakrishnan was appointed as a Director was appointed as a Director on 30 Sep 2021 & has been associated with this company since 3 years 4 months .

    30 Sep 2021

  • Director Appointment

    Sadiq Danish Rabbani was appointed as a Director was appointed as a Director on 30 Sep 2021 & has been associated with this company since 3 years 4 months .

    30 Sep 2021

Frequently asked questions

  • Magalir Finserv Private Limited was incorporated on 07 Aug 2019.

  • The authorized share capital of Magalir Finserv Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.52 Cr.

  • Currently 5 directors are associated with Magalir Finserv Private Limited.

    • Fathurabbani Sadiq
    • Seyadrabbani Fathurabbani
    • Subramanian Ramakrishnan
    • Seena Cheppala Rajan
    • Sadiq Danish Rabbani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magalir Finserv Private Limited is Sr.No.489 3Rd Floor Big Bazaar Complex Trivandrum High Road, Perumalpuram India, Tirunelveli, Tamil Nadu, 627007.

  • The corporate identification number (CIN) of Magalir Finserv Private Limited is U52100TN2019PTC130987 and the company number is 130987 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magalir Finserv Private Limited has risen by 2427.43%.

  • As Per 2023 financial reports, 277 employees are currently employed by Magalir Finserv Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magalir Finserv Private Limited has experienced an upsurge of 97.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magalir Finserv Private Limited amount to ₹ 5.60 M.

  • The most recent Balance Sheet for Magalir Finserv Private Limited was filed with the ROC on 31 Mar 2024.