Magnificent Consultants Private Limited

Provides consultancy services in accounting and allied laws since 1991.

1991 | Kolkata, West Bengal (India) | Active
Last Updated: July 18, 2024

Magnificent Consultants Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -32.93%
  • Profit Growth 126.57%
  • Ebitda 322.57%
  • Net Worth 0.41%
  • Total Assets 0.85%

About Magnificent Consultants

Magnificent Consultants Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 November 1991 and has a history of 33 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Business Outsourcing 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 2.00 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ashok Bhura and Sajjan Chopra serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140WB1991PTC096026

  • Company No.

    096026

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Business Outsourcing

Who are the key members and board of directors at Magnificent Consultants?

Board Members (2)

Name Designation Appointment Date Status
Ashok Bhura Country flag representing In Director 26-Nov-1991 Current
Sajjan Chopra Country flag representing In Director 01-Dec-2021 Current

Financial Performance of Magnificent Consultants.

Magnificent Consultants Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.93% decrease. The company also saw a substantial improvement in profitability, with a 126.57% increase in profit. The company's net worth moved up by a moderate rise of 0.41%.

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
-32.93%
Revenue from Operations
101.06%
Total Assets
0.85%
Profit or Loss
126.57%
Net Worth
0.41%
EBITDA
322.57%

What is the Ownership and Shareholding Structure of Magnificent Consultants?

In 2023, Magnificent Consultants had a public holding of 100.00%. 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 Magnificent Consultants?

Unlock and access historical data on people associated with Magnificent Consultants, 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 Magnificent Consultants, 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 Magnificent Consultants'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 Magnificent Consultants

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Magnificent Consultants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Sajjan Chopra was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

  • Director Appointment

    Ashok Kumar Bhura was appointed as a Director was appointed as a Director on 26 Nov 1991 & has been associated with this company since 33 years 2 months .

    26 Nov 1991

  • Company Incorporation

    Magnificent Consultants Private Limited was registered on 26 Nov 1991 with Roc Kolkata & aged 33 years 2 months as per MCA records.

    26 Nov 1991

Frequently asked questions

  • Magnificent Consultants Private Limited was incorporated on 26 Nov 1991.

  • The authorized share capital of Magnificent Consultants Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Magnificent Consultants Private Limited.

    • Ashok Kumar Bhura
    • Sajjan Chopra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnificent Consultants Private Limited is 30 Chittaranjan Avenue 2Nd Floor, Kolkata, West Bengal, India, 700012.

  • The corporate identification number (CIN) of Magnificent Consultants Private Limited is U74140WB1991PTC096026 and the company number is 096026 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnificent Consultants Private Limited has fallen by -32.93%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnificent Consultants Private Limited has experienced an upsurge of 0.41%.

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

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