Magnum Clothing Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.20 Cr
- Company Age 38 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 82.62 Cr
- Satisfied Charges ₹ 114.04 Cr
- Revenue Growth 25.43%
- Profit Growth 132.59%
- Ebitda -401.99%
- Net Worth 16.16%
- Total Assets -4.28%
About Magnum Clothing
Magnum Clothing Pvt Ltd (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 1986 and has a history of 38 years and eight months. Its registered office is in Kolkata, West Bengal.
The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 3.20 Cr.
The company currently has active open charges totaling ₹82.62 Cr. The company has closed loans amounting to ₹114.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magnum Clothing Pvt Ltd India is Govindram Bhattad as COMPANY SECRETARY. Govindram Bhattad and Ravi Singhee serve as directors at the Company.
Company Details
- Location Kolkata, West Bengal
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51101WB1986PTC040852
- Company No.
040852
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Jun 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Magnum Clothing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govindram Bhattad  | Company Secretary | 01-Apr-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravi Singhee | Director | 01-Mar-1995 | Current |
| Govindram Bhattad | Director and Company Secretary | 12-Oct-2001 | Current |
Financial Performance of Magnum Clothing.
Magnum Clothing Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 25.43% increase. The company also saw a substantial improvement in profitability, with a 132.59% increase in profit. The company's net worth Soared by an impressive increase of 16.16%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Magnum Clothing?
In 2023, Magnum Clothing 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)
Magnum Wear Private LtdGovindram Bhattad and Ravi Singhee are mutual person
Valar Aditi Social Finance Private LimitedRavi Singhee is a mutual person
Indian Public Schools SocietyRavi Singhee is a mutual person
Charges (Loans)
₹82.62 Cr
₹114.04 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 82.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2024 | Hdfc Bank Limited | ₹0.91 M | Open |
| 31 Aug 2024 | Hdfc Bank Limited | ₹0.96 M | Open |
| 16 Feb 2024 | Hdfc Bank Limited | ₹0.99 M | Open |
| 08 Nov 2022 | Hdfc Bank Limited | ₹82.33 Cr | Open |
| 24 Mar 2005 | Canara Bank | ₹14.70 Cr | Satisfied |
How Many Employees Work at Magnum Clothing?
Magnum Clothing has a workforce of 1933 employees as of Apr 07, 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 Clothing, 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 Clothing'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.
