Magnum Cargo Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 9.41 M
as on 24-10-2024
- Company Age 24 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 111.15 Cr
as on 24-10-2024
- Satisfied Charges ₹ 201.73 Cr
as on 24-10-2024
- Revenue -5.40%
(FY 2023)
- Profit -8.89%
(FY 2023)
- Ebitda -2.57%
(FY 2023)
- Net Worth 3.35%
(FY 2023)
- Total Assets -3.90%
(FY 2023)
About Magnum Cargo
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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 9.41 M.
The company currently has active open charges totaling ₹111.15 Cr. The company has closed loans amounting to ₹201.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manish Shah, Sangeeta Shah, Gopal Peshuri, and One other member serve as directors at the Company.
- CIN/LLPIN
U63090MH2000PTC127384
- Company No.
127384
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magnum Cargo Private Limited offer?
Magnum Cargo Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Cargo Transportation Services, Freight Forwarding Services, Air Cargo Service, Business Planning and Management, Business Consultant.
Who are the key members and board of directors at Magnum Cargo?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Shah  | Managing Director | 26-Jun-2000 | Current |
| Sangeeta Shah | Managing Director | 26-Jun-2000 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kunal Shah | Director | 08-Aug-2020 | Current |
| Gopal Peshuri | Director | 03-Oct-2013 | Current |
Financial Performance and Corporate Structure Insights of Magnum Cargo.
Magnum Cargo Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.4% decrease. The company also saw a slight decrease in profitability, with a 8.89% decrease in profit. The company's net worth moved up by a moderate rise of 3.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magnum Cargo?
In 2022, Magnum Cargo had a promoter holding of 37.89% and a public holding of 62.11%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mgm Global Air Private LimitedActive 15 years 5 monthsManish Shah, Gopal Peshuri and 1 more are mutual person
Magnum Freight Private LimitedActive 17 years 8 monthsManish Shah, Sangeeta Shah and 1 more are mutual person
- C. V. Karia Clearing & Forwarding Private LimitedActive 16 years 22 days
Manish Shah and Kunal Shah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 14 Nov 2022 | ₹51.00 Cr | Open |
Others Creation Date: 28 Oct 2022 | ₹7.50 Cr | Open |
Hdfc Bank Limited Creation Date: 15 Feb 2022 | ₹1.48 M | Open |
How Many Employees Work at Magnum Cargo?
Magnum Cargo has a workforce of 98 employees as of Sep 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnum Cargo, 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 Cargo'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.
