Magnanimous Trade & Finance Ltd

Magnanimous Trade & Finance Ltd

NBFC providing financial services since 1991, based in Jaipur, Rajasthan.
1991 | Jaipur, Rajasthan (India) | Active

Last Updated:

November 16, 2024
HomeCompanyMagnanimous Trade & Finance Ltd

Who are the key members and board of directors at Magnanimous Trade & Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Parwati Parasrampuria InManaging Director21-Mar-1995Current
Ankit Poddar InCFO25-Jan-2020Current
Rakesh PanwarCompany Secretary30-May-2023Current

Board Members(4)

NameDesignationAppointment DateStatus
Sudhir Parasrampuria In Whole-Time Director 01-Feb-1993Current
Shashank Parasrampuria In Director 06-Dec-2022Current
Srikath Samala Director 04-Oct-2024Current
Zeeshan Ali Director 04-Oct-2024Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.33%
Revenue from Operations
-67.06%
Total Assets
-1.94%
Profit or Loss
153.99%
Net Worth
5.14%
EBITDA
132.21%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹9.00 Cr

LenderAmountStatus

Bank Of Baroda

Creation Date: 06 Jan 2010
₹9.00 CrSatisfied

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.

Employee Graph

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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 3 months 17 days .

    04 Oct 2024

  • 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 3 months 17 days .

    04 Oct 2024

  • Annual General Meeting

    Magnanimous Trade & Finance Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnanimous Trade & Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • 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 1 month .

    06 Dec 2022

  • Charges

    A charge registered on 06 Jan 2010 via Charge ID 10199789 with Bank Of Baroda was fully satisfied on 03 Aug 2012.

    03 Aug 2012

Frequently asked questions

  • Magnanimous Trade & Finance Ltd was incorporated on 26 Dec 1991.

  • The authorized share capital of Magnanimous Trade & Finance Ltd is ₹ 2.37 Cr and paid-up capital is ₹ 9.51 M.

  • 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
  • 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.

  • 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).

  • Yes, Magnanimous Trade & Finance Ltd is registered on Bombay Stock Exchange (BSE).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnanimous Trade & Finance Ltd has risen by 24.33%.

  • 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%.

  • The most recent Balance Sheet for Magnanimous Trade & Finance Ltd was filed with the ROC on 31 Mar 2024.

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