Magnamind Ventures Private Limited

Provides laundry services, equipment, and consultancy for industrial laundry and dry-cleaning projects in India.

2011 | Ernakulam Rural, Kerala (India) | Active
Last Updated: July 30, 2024

Magnamind Ventures Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.95 Cr
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.17 Cr
  • Revenue Growth -97.94%
  • Profit Growth 10.12%
  • Ebitda 18.38%
  • Net Worth -4.27%
  • Total Assets 8.10%

About Magnamind Ventures

Magnamind Ventures Private Limited (MVPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 August 2011 and has a history of 13 years and five months. Its registered office is in Ernakulam Rural, Kerala, India.

The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.95 Cr.

The company currently has active open charges totaling ₹7.17 Cr.

Nasly Mohammed and Sreejith Narendranath serve as directors at the Company.

Company Details

  • Location

    Ernakulam Rural, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KL2011PTC029257

  • Company No.

    029257

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Travel and Hospitality

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sreejith Narendranath Country flag representing In Managing Director30-Aug-2011Current

Board Members (1)

NameDesignationAppointment DateStatus
Nasly Mohammed Country flag representing In Director 24-Feb-2014Current

Financial Performance of Magnamind Ventures.

Magnamind Ventures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 97.94% decrease. The company also saw a substantial improvement in profitability, with a 10.12% increase in profit. The company's net worth dipped by a decrease of 4.27%.

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
-97.94%
Revenue from Operations
Total Assets
8.10%
Profit or Loss
10.12%
Net Worth
-4.27%
EBITDA
18.38%

What is the Ownership and Shareholding Structure of Magnamind Ventures?

In 2023, Magnamind Ventures had a promoter holding of 17.91% and a public holding of 82.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.17 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 7.17 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2013State Bank Of Travancore₹6.67 CrOpen
24 Jun 2013State Bank Of Travancore₹5.00 MOpen

How Many Employees Work at Magnamind Ventures?

Magnamind Ventures has a workforce of 11 employees as of Apr 05, 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 Magnamind 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 Magnamind 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 Magnamind Ventures

Recent activity within the organization

  • Annual General Meeting

    Magnamind Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magnamind Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Director Appointment

    Nasly Mohammed was appointed as a Director was appointed as a Director on 24 Feb 2014 & has been associated with this company since 10 years 11 months .

    24 Feb 2014

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 6.67 Cr with Charge ID 10437187 was registered on 24 Jun 2013.

    24 Jun 2013

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 0.50 Cr with Charge ID 10437188 was registered on 24 Jun 2013.

    24 Jun 2013

  • Director Appointment

    Sreejith Thanikkal Narendranath was appointed as a Managing Director was appointed as a Managing Director on 30 Aug 2011 & has been associated with this company since 13 years 5 months .

    30 Aug 2011

Frequently asked questions

  • Magnamind Ventures Private Limited was incorporated on 30 Aug 2011.

  • The authorized share capital of Magnamind Ventures Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.95 Cr.

  • Currently 2 directors are associated with Magnamind Ventures Private Limited.

    • Nasly Mohammed
    • Sreejith Thanikkal Narendranath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnamind Ventures Private Limited is Small Industries Park Kenfra Nellad, Ernakulam Rural, Kerala, India, 686669.

  • The corporate identification number (CIN) of Magnamind Ventures Private Limited is U74900KL2011PTC029257 and the company number is 029257 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnamind Ventures Private Limited is https://www.magnamind.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnamind Ventures Private Limited has fallen by -97.94%.

  • As Per 2023 financial reports, 11 employees are currently employed by Magnamind Ventures Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnamind Ventures Private Limited has experienced an downturn of -4.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnamind Ventures Private Limited amount to ₹ 7.17 Cr.

  • The most recent Balance Sheet for Magnamind Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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