Magma Ventures Private Limited

Provides vehicle, mortgage, and SME financing services with nationwide reach.

2007 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Magma Ventures Profile

Key Indicators

  • Authorised Capital ₹ 61.75 Cr
  • Paid Up Capital ₹ 26.93 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 142.37%
  • Profit Growth 138.93%
  • Ebitda 226.98%
  • Net Worth 12.56%
  • Total Assets 11.12%

About Magma Ventures

Magma Ventures Private Limited (MVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 November 2007 and has a history of 17 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Magma Consumer Finance Limited. 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 61.75 Cr and a paid-up capital of Rs 26.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Magma Ventures Private Limited India is Snehaa Shaw as COMPANY SECRETARY. Sanjay Chamria, Vanita Chamria, Mamta Binani, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65900WB2007PTC120480

  • Company No.

    120480

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2007

  • Date of AGM

    27 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Magma Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Snehaa Shaw Company Secretary27-Feb-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjay Chamria Country flag representing In Director 21-Nov-2007Current
Vanita Chamria Country flag representing In Director 21-Nov-2007Current
Mamta Binani Country flag representing In Director 25-Jul-2024Current
Harshvardhan Chamria Country flag representing In Director 10-Jun-2024Current

Financial Performance of Magma Ventures.

Magma Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.37% increase. The company also saw a substantial improvement in profitability, with a 138.93% increase in profit. The company's net worth Soared by an impressive increase of 12.56%.

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
142.37%
Revenue from Operations
167.88%
Total Assets
11.12%
Profit or Loss
138.93%
Net Worth
12.56%
EBITDA
226.98%

What is the Ownership and Shareholding Structure of Magma Ventures?

In 2023, Magma Ventures had a promoter holding of 99.96% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magma Ventures?

Unlock and access historical data on people associated with Magma Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magma Ventures, 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 Magma Ventures'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 Magma Ventures

Recent activity within the organization

  • Annual General Meeting

    Magma Ventures Private Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records.

    27 Aug 2024

  • Director Appointment

    Mamta Binani was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 6 months 8 days .

    25 Jul 2024

  • Director Appointment

    Harshvardhan Chamria was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 7 months 22 days .

    10 Jun 2024

  • Balance Sheet

    Magma Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Snehaa Shaw was appointed as a Company Secretary was appointed as a Company Secretary on 27 Feb 2024 & has been associated with this company since 11 months 4 days .

    27 Feb 2024

  • Director Appointment

    Sanjay Chamria was appointed as a Director was appointed as a Director on 21 Nov 2007 & has been associated with this company since 17 years 2 months .

    21 Nov 2007

Recent News, Updates & Announcement

Frequently asked questions

  • Magma Ventures Private Limited was incorporated on 21 Nov 2007.

  • The authorized share capital of Magma Ventures Private Limited is ₹ 61.75 Cr and paid-up capital is ₹ 26.93 Cr.

  • Currently 5 directors are associated with Magma Ventures Private Limited.

    • Sanjay Chamria
    • Vanita Chamria
    • Mamta Binani
    • Harshvardhan Chamria
    • Snehaa Shaw
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magma Ventures Private Limited is 2B Hastings Park Road Alipore India, Kolkata, West Bengal, 700027.

  • The corporate identification number (CIN) of Magma Ventures Private Limited is U65900WB2007PTC120480 and the company number is 120480 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magma Ventures Private Limited is https://www.magmaventures.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magma Ventures Private Limited has risen by 142.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magma Ventures Private Limited has experienced an upsurge of 12.56%.

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

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