Magnum Dream Homes Private Limited

Real estate company developing residential buildings and apartment complexes in Bhubaneswar, Odisha.

1996 | Bhubaneswar, Orissa (India) | Active
Last Updated: July 29, 2024

Magnum Dream Homes Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.90 M
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 91.17 Cr
  • Revenue Growth %
  • Profit Growth 23.64%
  • Ebitda 23.64%
  • Net Worth -0.18%
  • Total Assets -9.16%

About Magnum Dream Homes

Magnum Dream Homes Private Limited (MDHPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 September 1996 and has a history of 28 years and four months. Its registered office is in Bhubaneswar, Orissa, India.

The Corporate was formerly known as Magnum Telecare Private Limited. The Company is engaged in the Real Estate And Construction 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 5.00 M and a paid-up capital of Rs 3.90 M.

The company currently has active open charges totaling ₹91.17 Cr.

Prem Satpathy, Sukant Dash, Bibhuti Mishra, and One other member serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201OR1996PTC004613

  • Company No.

    004613

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 1996

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Real Estate and Construction

Who are the key members and board of directors at Magnum Dream Homes?

Board Members (4)

Name Designation Appointment Date Status
Prem Satpathy Country flag representing In Director 14-Apr-2021 Current
Sukant Dash Country flag representing In Director 22-Mar-2011 Current
Bibhuti Mishra Country flag representing In Additional Director Current
Geetarani Padhi Country flag representing In Director 14-Apr-2021 Current

Financial Performance of Magnum Dream Homes.

Magnum Dream Homes Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 23.64% increase in profit. The company's net worth dipped by a decrease of 0.18%.

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
Revenue from Operations
Total Assets
-9.16%
Profit or Loss
23.64%
Net Worth
-0.18%
EBITDA
23.64%

What is the Ownership and Shareholding Structure of Magnum Dream Homes?

In 2023, Magnum Dream Homes had a promoter holding of 11.82% and a public holding of 88.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹911.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 87.17 Cr
  • Bank Of India : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Dec 2023 Bank Of India ₹4.00 Cr Open
12 Oct 2009 Indian Overseas Bank ₹87.17 Cr Open

How Many Employees Work at Magnum Dream Homes?

Unlock and access historical data on people associated with Magnum Dream Homes, 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 Magnum Dream Homes, 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 Dream Homes'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 Dream Homes

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 40.00 M with Charge ID 100854500 was registered on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

    Magnum Dream Homes Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Magnum Dream Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Prem Sanker Satpathy was appointed as a Director was appointed as a Director on 14 Apr 2021 & has been associated with this company since 3 years 9 months .

    14 Apr 2021

  • Director Appointment

    Geetarani Padhi was appointed as a Director was appointed as a Director on 14 Apr 2021 & has been associated with this company since 3 years 9 months .

    14 Apr 2021

  • Charges

    A charge with Indian Overseas Bank of Rs. 871.70 M registered on 12 Oct 2009 with Charge ID 10183825 was modified on 04 Apr 2015.

    04 Apr 2015

Frequently asked questions

  • Magnum Dream Homes Private Limited was incorporated on 24 Sep 1996.

  • The authorized share capital of Magnum Dream Homes Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.90 M.

  • Currently 4 directors are associated with Magnum Dream Homes Private Limited.

    • Prem Sanker Satpathy
    • Sukant Kumar Dash
    • Bibhuti Bhusan Mishra
    • Geetarani Padhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Dream Homes Private Limited is At 132 A Sector A Zone A Mancheswar Industrial Estate, Bhubaneswar, Orissa, India, 751010.

  • The corporate identification number (CIN) of Magnum Dream Homes Private Limited is U45201OR1996PTC004613 and the company number is 004613 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnum Dream Homes Private Limited is https://www.magnum-india.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Dream Homes Private Limited has experienced an downturn of -0.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magnum Dream Homes Private Limited amount to ₹ 91.17 Cr.

  • The most recent Balance Sheet for Magnum Dream Homes Private Limited was filed with the ROC on 31 Mar 2023.

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