Magnificent Trading Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 4.31 Cr
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2020
- Revenue Growth -91.27%
- Profit Growth -105.81%
- Ebitda -105.29%
- Net Worth -0.05%
- Total Assets -0.06%
About Magnificent Trading
Magnificent Trading Private Limited (MTPL) is Amalgamated company established on 22 Dec 2008 with its office registered at Mumbai, Maharashtra, India and has been running since 16 Year, 5 Months with a paid up capital of 4.31 Cr. According to MCA records, 2 Directors are linked to this company as of 16 Jan 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51109MH2008PTC189093
- Company No.
189093
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Dec 2008
- Date of AGM
15 Oct 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Financial Services
Magnificent Trading Private Limited
Explore comprehensive data for Magnificent Trading Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnificent Trading?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rishabh Saraf  | Director | 22-Dec-2008 | Current |
| Vishwambhar Saraf | Director | 22-Dec-2008 | Current |
Financial Performance of Magnificent Trading.
Magnificent Trading Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 91.27% decrease. The company also saw a substantial fall in profitability, with a 105.81% decrease in profit. The company's net worth dipped by a decrease of 0.05%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Magnificent Trading?
In 2017, Magnificent Trading had a promoter holding of 10.00% and a public holding of 90.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vishwambhar Saraf and Rishabh Saraf are mutual person
- Remi Sales And Engineering Limited
Vishwambhar Saraf is a mutual person
- Remi Elektrotechnik Limited
Vishwambhar Saraf is a mutual person
- Remi Portable Fans Private Limited
Rishabh Saraf is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnificent Trading?
Unlock and access historical data on people associated with Magnificent Trading, 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 Magnificent Trading, 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 Trading'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 Magnificent Trading
Recent activity within the organization
- Annual General Meeting
Magnificent Trading Private Limited last Annual general meeting of members was held on 15 Oct 2020 as per latest MCA records.
- Balance Sheet
Magnificent Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
- Director Appointment
Vishwambhar Chiranjilal Saraf was appointed as a Director was appointed as a Director on 22 Dec 2008 & has been associated with this company since 16 years 5 months .
- Director Appointment
Rishabh Rajendra Saraf was appointed as a Director was appointed as a Director on 22 Dec 2008 & has been associated with this company since 16 years 5 months .
- Company Incorporation
Magnificent Trading Private Limited was registered on 22 Dec 2008 with Roc Mumbai & aged 16 years 5 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Magnificent Trading Private Limited?
Magnificent Trading Private Limited was incorporated on 22 Dec 2008.
What is authorized share capital and paid-up capital of Magnificent Trading Private Limited?
The authorized share capital of Magnificent Trading Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.31 Cr.
Who are the current board members & directors of Magnificent Trading Private Limited?
Currently 2 directors are associated with Magnificent Trading Private Limited.
- Vishwambhar Chiranjilal Saraf
- Rishabh Rajendra Saraf
What is the registered address of Magnificent Trading Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnificent Trading Private Limited is Plot No 11 Cama Industrial Estate, Goregaon (East) India, Mumbai, Maharashtra, 400063.
What is the corporate identification number (CIN) and company number of Magnificent Trading Private Limited?
The corporate identification number (CIN) of Magnificent Trading Private Limited is U51109MH2008PTC189093 and the company number is 189093 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magnificent Trading Private Limited?
The Official website of Magnificent Trading Private Limited is https://www.remigroup.com
What has been the recent revenue trend for Magnificent Trading Private Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Magnificent Trading Private Limited has fallen by -91.27%.
What change has been observed in the net worth of Magnificent Trading Private Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Magnificent Trading Private Limited has experienced an downturn of -0.05%.
When was the last Balance Sheet of Magnificent Trading Private Limited filed with the ROC?
The most recent Balance Sheet for Magnificent Trading Private Limited was filed with the ROC on 31 Mar 2020.
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