Magnum Aviation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 5.00 Cr
as on 24-10-2024
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 37.00 Cr
as on 24-10-2024
- Revenue -66.89%
(FY 2023)
- Profit -77.61%
(FY 2023)
- Ebitda -2.20%
(FY 2023)
- Net Worth 3.38%
(FY 2023)
- Total Assets -23.11%
(FY 2023)
About Magnum Aviation
The Company is engaged in the Transport And Logistics 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹37.00 Cr.
Vishal Varshnei and Manvi Varshnei serve as directors at the Company.
- CIN/LLPIN
U74999DL2003PTC122759
- Company No.
122759
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Oct 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magnum Aviation Private Limited offer?
Magnum Aviation Private Limited offers a wide range of products and services, including Building & Construction Machines, Asphalt Road Equipment, Aeronautical Instrument & Components, Aircraft Parts, Aeronautical Instruments, Propellers, Motorcycle Tyres, Bike Tyres.
Who are the key members and board of directors at Magnum Aviation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Varshnei  | Managing Director | 22-Oct-2003 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manvi Varshnei | Director | 01-Aug-2011 | Current |
Financial Performance of Magnum Aviation.
Magnum Aviation Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.89% decrease. The company also saw a substantial fall in profitability, with a 77.61% decrease in profit. The company's net worth moved up by a moderate rise of 3.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnum Aviation?
In 2023, Magnum Aviation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Uuds Magnum Aero Private LimitedActive 5 years 9 monthsVishal Varshnei and Manvi Varshnei are mutual person
Millennium Air Support Private LimitedActive 4 years 9 monthsVishal Varshnei and Manvi Varshnei are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Feb 2022 | ₹1.50 Cr | Open |
Others Creation Date: 06 Jan 2021 | ₹3.00 Cr | Open |
Others Creation Date: 16 Mar 2020 | ₹0.89 M | Open |
How Many Employees Work at Magnum Aviation?
Unlock and access historical data on people associated with Magnum Aviation, 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 Magnum Aviation, 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 Magnum Aviation'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.
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