Magnificent Consultants Pvt Ltd

Provides consulting and management services for various business needs, including security, financing, and personnel selection.

1991 | Indore, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Magnificent Consultants Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.15 Cr
  • Revenue Growth %
  • Profit Growth 68.08%
  • Ebitda -10.45%
  • Net Worth -1.10%
  • Total Assets -4.45%

About Magnificent Consultants

Magnificent Consultants Pvt Ltd (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 1991 and has a history of 33 years and three months. Its registered office is in Indore, Madhya Pradesh, 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 2.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹10.15 Cr.

Raju and Khyam Bahadur serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140MP1991PTC006727

  • Company No.

    006727

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Business Outsourcing

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

Board Members (2)

Name Designation Appointment Date Status
Raju Country flag representing In Director 19-Mar-2022 Current
Khyam Bahadur Country flag representing In Director 20-Mar-2023 Current

Financial Performance of Magnificent Consultants.

Magnificent Consultants Pvt Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 68.08% increase in profit. The company's net worth dipped by a decrease of 1.1%.

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
Revenue from Operations
Total Assets
-4.45%
Profit or Loss
68.08%
Net Worth
-1.10%
EBITDA
-10.45%

What is the Ownership and Shareholding Structure of Magnificent Consultants?

In 2023, Magnificent Consultants had a promoter 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)

Open Charges

₹101.45 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.50 Cr
  • Indian Bank : 3.65 Cr

Latest Charge Details

Date Lender Amount Status
05 Aug 2024 Indian Bank ₹3.65 Cr Open
23 Dec 2023 Axis Bank Limited ₹3.50 Cr Open
21 May 2022 Axis Bank Limited ₹3.00 Cr Open

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

  • Charges

    A charge with Indian Bank amounted to Rs. 36.50 M with Charge ID 100963024 was registered on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 35.00 M with Charge ID 100862674 was registered on 23 Dec 2023.

    23 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Magnificent Consultants Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Director Appointment

    Khyam Bahadur was appointed as a Director was appointed as a Director on 20 Mar 2023 & has been associated with this company since 1 year 10 months .

    20 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 29.95 M with Charge ID 100575496 was registered on 21 May 2022.

    21 May 2022

Frequently asked questions

  • Magnificent Consultants Pvt Ltd was incorporated on 29 Oct 1991.

  • The authorized share capital of Magnificent Consultants Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magnificent Consultants Pvt Ltd.

    • Raju
    • Khyam Bahadur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnificent Consultants Pvt Ltd is 135- Gram Devguradiya, Devguradia India, Indore, Madhya Pradesh, 452016.

  • The corporate identification number (CIN) of Magnificent Consultants Pvt Ltd is U74140MP1991PTC006727 and the company number is 006727 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnificent Consultants Pvt Ltd has experienced an downturn of -1.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnificent Consultants Pvt Ltd amount to ₹ 10.15 Cr.

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

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