Magnificient Merchandise And Advisory Services Private Limited

Commodity trading, investing, and financing services since 2016 in Mumbai.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: January 07, 2025

Magnificient Merchandise And Advisory Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -17.65%
  • Profit Growth 95.92%
  • Ebitda 569.86%
  • Net Worth -0.73%
  • Total Assets -69.57%

About Magnificient Merchandise And Advisory Services

Magnificient Merchandise And Advisory Services Private Limited (MMAASPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 November 2016 (Eight years and three months 9 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Magnificient Advisory Services Private Limited. 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Deepak Bhat, Ajay Joshi, and Anurag Agarwal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC287653

  • Company No.

    287653

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Magnificient Merchandise And Advisory Services?

Board Members (3)

NameDesignationAppointment DateStatus
Deepak Bhat Country flag representing In Director 15-Nov-2016Current
Ajay Joshi Country flag representing In Director 15-Dec-2016Current
Anurag Agarwal Country flag representing In Director 31-Mar-2023Current

Financial Performance of Magnificient Merchandise And Advisory Services.

Magnificient Merchandise And Advisory Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.65% decrease. The company also saw a substantial improvement in profitability, with a 95.92% increase in profit. The company's net worth dipped by a decrease of 0.73%.

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
-17.65%
Revenue from Operations
2.76%
Total Assets
-69.57%
Profit or Loss
95.92%
Net Worth
-0.73%
EBITDA
569.86%

What is the Ownership and Shareholding Structure of Magnificient Merchandise And Advisory Services?

Unlock access to Magnificient Merchandise And Advisory Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Magnificient Merchandise And Advisory Services?

Unlock and access historical data on people associated with Magnificient Merchandise And Advisory Services, 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 Magnificient Merchandise And Advisory Services, 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 Magnificient Merchandise And Advisory Services'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 Magnificient Merchandise And Advisory Services

Recent activity within the organization

  • Annual General Meeting

    Magnificient Merchandise And Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnificient Merchandise And Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Anurag Kumar Agarwal was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 10 months .

    31 Mar 2023

  • Director Appointment

    Ajay Yashwant Joshi was appointed as a Director was appointed as a Director on 15 Dec 2016 & has been associated with this company since 8 years 2 months .

    15 Dec 2016

  • Director Appointment

    Deepak Yeshwant Bhat was appointed as a Director was appointed as a Director on 15 Nov 2016 & has been associated with this company since 8 years 3 months .

    15 Nov 2016

  • Company Incorporation

    Magnificient Merchandise And Advisory Services Private Limited was registered on 15 Nov 2016 with Roc Mumbai & aged 8 years 3 months as per MCA records.

    15 Nov 2016

Frequently asked questions

  • Magnificient Merchandise And Advisory Services Private Limited was incorporated on 15 Nov 2016.

  • The authorized share capital of Magnificient Merchandise And Advisory Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Magnificient Merchandise And Advisory Services Private Limited.

    • Deepak Yeshwant Bhat
    • Ajay Yashwant Joshi
    • Anurag Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnificient Merchandise And Advisory Services Private Limited is Jindal Mansion 5A, Dr. G. Deshmukh Marg India, Mumbai, Maharashtra, 400026.

  • The corporate identification number (CIN) of Magnificient Merchandise And Advisory Services Private Limited is U74999MH2016PTC287653 and the company number is 287653 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magnificient Merchandise And Advisory Services Private Limited has fallen by -17.65%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnificient Merchandise And Advisory Services Private Limited has experienced an downturn of -0.73%.

  • The most recent Balance Sheet for Magnificient Merchandise And Advisory Services Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Brokerage & Trading Services