Magma Ventures Profile
Key Indicators
- Authorised Capital ₹ 61.75 Cr
- Paid Up Capital ₹ 26.93 Cr
- Company Age 17 Year, 3 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 three 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Snehaa Shaw | Company Secretary | 27-Feb-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Chamria  | Director | 21-Nov-2007 | Current |
| Vanita Chamria | Director | 21-Nov-2007 | Current |
| Mamta Binani | Director | 25-Jul-2024 | Current |
| Harshvardhan Chamria | Director | 10-Jun-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
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Charges (Loans)
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.
Deals i
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
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
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.
- 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 7 months 7 days .
- 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 8 months 21 days .
- Balance Sheet
Magma Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- 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 1 year 3 days .
- 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 3 months .
Recent News, Updates & Announcement
Magma Fincorp raises Rs 500 crore fresh equity, KKR partially exits.KKR, which was the largest shareholder in Magma with 16% interest, sold 10% to local MFs..
- IVFA Invests $40M in Hyderabad Seed Firm SeedWorks, Plans Further Investments to Boost Sales and Marketing Capabilities in Agri-Business Sector.
IVFA invests $40 million in Hyderabad-based seed firm SeedWorks International Pvt. Ltd. IVFA's fifth fund, Indium V, has a corpus of $700 million. SeedWorks is involved in breeding, production, and marketing of hybrid seeds of rice, cotton, pearl millet, and corn. IVFA plans to invest more funds in the company and improve its sales and marketing capabilities. Other significant investments in the food and agri-business sector include Blackstone's investment in Nuziveedu Seeds and Summit Partners' investment in Krishidhan Seeds. Private equity firms are showing interest in this sector due to its importance in the economy. The challenge for investors is finding companies with the right size and potential for growth..
Frequently asked questions
What is the Incorporation or founding date of Magma Ventures Private Limited?
Magma Ventures Private Limited was incorporated on 21 Nov 2007.
What is authorized share capital and paid-up capital of Magma Ventures Private Limited?
The authorized share capital of Magma Ventures Private Limited is ₹ 61.75 Cr and paid-up capital is ₹ 26.93 Cr.
Who are the current board members & directors of Magma Ventures Private Limited?
Currently 5 directors are associated with Magma Ventures Private Limited.
- Sanjay Chamria
- Vanita Chamria
- Mamta Binani
- Harshvardhan Chamria
- Snehaa Shaw
What is the registered address of Magma Ventures Private Limited?
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.
What is the corporate identification number (CIN) and company number of Magma Ventures Private Limited?
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).
What is the official website of Magma Ventures Private Limited?
The Official website of Magma Ventures Private Limited is https://www.magmaventures.com
What has been the recent revenue trend for Magma Ventures Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magma Ventures Private Limited has risen by 142.37%.
What change has been observed in the net worth of Magma Ventures Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Magma Ventures Private Limited filed with the ROC?
The most recent Balance Sheet for Magma Ventures Private Limited was filed with the ROC on 31 Mar 2024.
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