Magenta Finance Services Private Limited

Provides micro-financing services through various channels as authorized by government authorities.

2010 | Delhi (India) | Active
Last Updated: November 16, 2024

Magenta Finance Services Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 47.25 Cr
  • Satisfied Charges ₹ 7.75 Cr
  • Revenue Growth 39.61%
  • Profit Growth -28.51%
  • Ebitda 16.96%
  • Net Worth 5.50%
  • Total Assets 72.74%

About Magenta Finance Services

Magenta Finance Services Private Limited (MFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 September 2010 and has a history of 14 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Financial Services 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹47.25 Cr. The company has closed loans amounting to ₹7.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Magenta Finance Services Private Limited India is Samrat Roy as CEO. Kim Hansen, Biswa Mohanty, Tribikram Nayak, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191DL2010PTC289124

  • Company No.

    289124

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Magenta Finance Services?

Executive Team (1)

Name Designation Appointment Date Status
Samrat Roy Country flag representing In CEO 01-Jun-2020 Current

Board Members (5)

Name Designation Appointment Date Status
Kim Hansen Country flag representing Dk Director 29-Mar-2019 Current
Biswa Mohanty Country flag representing In Director 28-May-2024 Current
Tribikram Nayak Country flag representing In Director 15-Nov-2019 Current
Raj Singh Country flag representing In Director 30-Sep-2010 Current
Asokkumar Rathnam Country flag representing In Director 25-Oct-2016 Current

Financial Performance of Magenta Finance Services.

Magenta Finance Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.61% increase. The company also saw a substantial fall in profitability, with a 28.51% decrease in profit. The company's net worth moved up by a moderate rise of 5.5%.

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
39.61%
Revenue from Operations
37.23%
Total Assets
72.74%
Profit or Loss
-28.51%
Net Worth
5.50%
EBITDA
16.96%

What is the Ownership and Shareholding Structure of Magenta Finance Services?

In 2023, Magenta Finance Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.25 Cr

Satisfied Charges

₹7.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 44.25 Cr
  • State Bank Of India : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
24 Sep 2024 Others ₹1.50 Cr Open
07 Aug 2024 Others ₹5.00 M Open
29 May 2024 Others ₹2.00 Cr Open
07 May 2024 Others ₹1.00 Cr Open
16 Apr 2024 Others ₹1.00 Cr Open

How Many Employees Work at Magenta Finance Services?

Magenta Finance Services has a workforce of 64 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 Magenta Finance Services, 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 Magenta Finance Services'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 Magenta Finance Services

Recent activity within the organization

  • Annual General Meeting

    Magenta Finance Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100988659 was registered on 24 Sep 2024.

    24 Sep 2024

  • Charges

    A charge registered on 19 Oct 2022 via Charge ID 100621773 with Others was fully satisfied on 05 Sep 2024.

    05 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100968056 was registered on 07 Aug 2024.

    07 Aug 2024

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 23 Mar 2024 with Charge ID 100897912 was modified on 03 Aug 2024.

    03 Aug 2024

  • Charges

    A charge registered on 23 May 2023 via Charge ID 100729845 with Others was fully satisfied on 11 Jun 2024.

    11 Jun 2024

Frequently asked questions

  • Magenta Finance Services Private Limited was incorporated on 30 Sep 2010.

  • The authorized share capital of Magenta Finance Services Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Currently 6 directors are associated with Magenta Finance Services Private Limited.

    • Samrat Roy
    • Kim Peter Hansen
    • Biswa Bandhu Mohanty
    • Tribikram Nayak
    • Raj Kumar Singh
    • Asokkumar Rathnam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magenta Finance Services Private Limited is Second Floor Plot No. 7 Local Shopping Center Sector B Pocket 1, Vasant Kunj India, New Delhi, 110070.

  • The corporate identification number (CIN) of Magenta Finance Services Private Limited is U65191DL2010PTC289124 and the company number is 289124 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magenta Finance Services Private Limited is https://www.magentafinance.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magenta Finance Services Private Limited has risen by 39.61%.

  • As Per 2023 financial reports, 64 employees are currently employed by Magenta Finance Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magenta Finance Services Private Limited has experienced an upsurge of 5.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magenta Finance Services Private Limited amount to ₹ 47.25 Cr.

  • The most recent Balance Sheet for Magenta Finance Services Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on NBFC