Magnum Casuals International Private Limited

This company exports a variety of casual clothing for men and women to international markets.

2007 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Magnum Casuals International Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.78 Cr
  • Revenue Growth -24.26%
  • Profit Growth -31.25%
  • Ebitda 71.62%
  • Net Worth 2.34%
  • Total Assets -4.62%

About Magnum Casuals International

Magnum Casuals International Private Limited (MCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 2007 and has a history of 17 years and one month. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹7.78 Cr.

Nishant Banthia and Mallica Nishant serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magnumcasuals.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TN2007PTC065858

  • Company No.

    065858

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

Who are the key members and board of directors at Magnum Casuals International?

Executive Team (1)

NameDesignationAppointment DateStatus
Nishant Banthia Country flag representing In Managing Director28-Dec-2007Current

Board Members (1)

NameDesignationAppointment DateStatus
Mallica Nishant Country flag representing In Director 21-Mar-2014Current

Financial Performance of Magnum Casuals International.

Magnum Casuals International Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 24.26% decrease. The company also saw a substantial fall in profitability, with a 31.25% decrease in profit. The company's net worth moved up by a moderate rise of 2.34%.

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
-24.26%
Revenue from Operations
-21.38%
Total Assets
-4.62%
Profit or Loss
-31.25%
Net Worth
2.34%
EBITDA
71.62%

What is the Ownership and Shareholding Structure of Magnum Casuals International?

In 2021, Magnum Casuals International 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

₹77.76 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 7.78 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2022Canara Bank₹1.86 MOpen
12 Oct 2021Canara Bank₹5.90 MOpen
08 May 2008Canara Bank₹7.00 CrOpen

How Many Employees Work at Magnum Casuals International?

Magnum Casuals International has a workforce of 201 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnum Casuals International, 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 Casuals International'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 Magnum Casuals International

Recent activity within the organization

  • Annual General Meeting

    Magnum Casuals International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnum Casuals International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 1.86 M with Charge ID 100644341 was registered on 03 Nov 2022.

    03 Nov 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 5.90 M with Charge ID 100491301 was registered on 12 Oct 2021.

    12 Oct 2021

  • Charges

    A charge with Canara Bank of Rs. 70.00 M registered on 08 May 2008 with Charge ID 10105764 was modified on 03 Jul 2021.

    03 Jul 2021

  • Director Appointment

    Mallica Banthia Nishant was appointed as a Director was appointed as a Director on 21 Mar 2014 & has been associated with this company since 10 years 11 months .

    21 Mar 2014

Frequently asked questions

  • Magnum Casuals International Private Limited was incorporated on 28 Dec 2007.

  • The authorized share capital of Magnum Casuals International Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Magnum Casuals International Private Limited.

    • Nishant Rajendra Banthia
    • Mallica Banthia Nishant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Casuals International Private Limited is No 4/249-A Poonamallee High Road Goparasanallur Kattupakkam India, Chennai, Tamil Nadu, 600056.

  • The corporate identification number (CIN) of Magnum Casuals International Private Limited is U18101TN2007PTC065858 and the company number is 065858 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnum Casuals International Private Limited is https://www.magnumcasuals.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Magnum Casuals International Private Limited has fallen by -24.26%.

  • As Per 2021 financial reports, 201 employees are currently employed by Magnum Casuals International Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Magnum Casuals International Private Limited has experienced an upsurge of 2.34%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Magnum Casuals International Private Limited amount to ₹ 7.78 Cr.

  • The most recent Balance Sheet for Magnum Casuals International Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Fashion Retail