Magnanimous Trade & Finance Ltd
NBFC providing financial services since 1991, based in Jaipur, Rajasthan.
1991 | Jaipur, Rajasthan (India) | Active
Magnanimous Trade & Finance Profile
Key Indicators
- Authorised Capital ₹ 2.37 Cr
- Paid Up Capital ₹ 9.51 M
- Company Age 33 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 9.00 Cr
- Revenue Growth 24.33%
- Profit Growth 153.99%
- Ebitda 132.21%
- Net Worth 5.14%
- Total Assets -1.94%
About Magnanimous Trade & Finance
Magnanimous Trade & Finance Ltd (MTFL) is a Public Limited Indian Non-Government Company incorporated in India on 26 December 1991 and has a history of 33 years and two months. Its registered office is in Jaipur, Rajasthan, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512377.
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 2.37 Cr and a paid-up capital of Rs 9.51 M.
The company has closed loans amounting to ₹9.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magnanimous Trade & Finance Ltd India are Ankit Poddar as CFO and Rakesh Panwar as Company Secretary. Sudhir Parasrampuria, Parwati Parasrampuria, Shashank Parasrampuria, and Two other members serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65923RJ1991PLC059251
- Company No.
059251
- Stock Symbol
BSE : 512377
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Dec 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Jaipur
Industry
Financial Services
Who are the key members and board of directors at Magnanimous Trade & Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parwati Parasrampuria  | Managing Director | 21-Mar-1995 | Current |
| Ankit Poddar | CFO | 25-Jan-2020 | Current |
| Rakesh Panwar | Company Secretary | 30-May-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhir Parasrampuria | Whole-Time Director | 01-Feb-1993 | Current |
| Shashank Parasrampuria | Director | 06-Dec-2022 | Current |
| Srikath Samala | Director | 04-Oct-2024 | Current |
| Zeeshan Ali | Director | 04-Oct-2024 | Current |
Financial Performance of Magnanimous Trade & Finance.
Magnanimous Trade & Finance Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 24.33% increase. The company also saw a substantial improvement in profitability, with a 153.99% increase in profit. The company's net worth moved up by a moderate rise of 5.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnanimous Trade & Finance?
In 2023, Magnanimous Trade & Finance had a promoter holding of 71.40% and a public holding of 28.60%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Beopar Sahayak Private Limited
Sudhir Parasrampuria, Parwati Parasrampuria and 1 more are mutual person
- Amber Mercantiles Ltd
Sudhir Parasrampuria, Parwati Parasrampuria and 1 more are mutual person
- Rohit Extractions Private Limited
Shashank Parasrampuria is a mutual person
- Rohit Foods And Feeds Private Limited
Shashank Parasrampuria is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹9.00 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2010 | Bank Of Baroda | ₹9.00 Cr | Satisfied |
How Many Employees Work at Magnanimous Trade & Finance?
Unlock and access historical data on people associated with Magnanimous Trade & Finance, 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 Magnanimous Trade & Finance, 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 Magnanimous Trade & Finance'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 Magnanimous Trade & Finance
Recent activity within the organization
- Director Appointment
Srikath Samala was appointed as a Director was appointed as a Director on 04 Oct 2024 & has been associated with this company since 5 months 7 days .
- Director Appointment
Zeeshan Ali was appointed as a Director was appointed as a Director on 04 Oct 2024 & has been associated with this company since 5 months 7 days .
- Annual General Meeting
Magnanimous Trade & Finance Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magnanimous Trade & Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
- Director Appointment
Shashank Parasrampuria was appointed as a Director was appointed as a Director on 06 Dec 2022 & has been associated with this company since 2 years 3 months .
- Charges
A charge registered on 06 Jan 2010 via Charge ID 10199789 with Bank Of Baroda was fully satisfied on 03 Aug 2012.
Frequently asked questions
What is the Incorporation or founding date of Magnanimous Trade & Finance Ltd?
Magnanimous Trade & Finance Ltd was incorporated on 26 Dec 1991.
What is authorized share capital and paid-up capital of Magnanimous Trade & Finance Ltd?
The authorized share capital of Magnanimous Trade & Finance Ltd is ₹ 2.37 Cr and paid-up capital is ₹ 9.51 M.
Who are the current board members & directors of Magnanimous Trade & Finance Ltd?
Currently 7 directors are associated with Magnanimous Trade & Finance Ltd.
- Sudhir Kumar Parasrampuria
- Parwati Parasrampuria
- Shashank Parasrampuria
- Srikath Samala
- Zeeshan Ali
- Ankit Poddar
- Rakesh Panwar
What is the registered address of Magnanimous Trade & Finance Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnanimous Trade & Finance Ltd is Ground Floor Shop No. 2 188/1 Shyam Dham Heights Patrakar Colony, Rampura India, Jaipur, Rajasthan, 302020.
What is the corporate identification number (CIN) and company number of Magnanimous Trade & Finance Ltd?
The corporate identification number (CIN) of Magnanimous Trade & Finance Ltd is L65923RJ1991PLC059251 and the company number is 059251 as per Ministry of Corporate Affairs (MCA).
Is Magnanimous Trade & Finance Ltd registered with any stock exchange in India?
Yes, Magnanimous Trade & Finance Ltd is registered on Bombay Stock Exchange (BSE).
What has been the recent revenue trend for Magnanimous Trade & Finance Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Magnanimous Trade & Finance Ltd has risen by 24.33%.
What change has been observed in the net worth of Magnanimous Trade & Finance Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magnanimous Trade & Finance Ltd has experienced an upsurge of 5.14%.
When was the last Balance Sheet of Magnanimous Trade & Finance Ltd filed with the ROC?
The most recent Balance Sheet for Magnanimous Trade & Finance Ltd was filed with the ROC on 31 Mar 2024.
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