Magnum Equity Broking Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 5.19 Cr
- Company Age 28 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.50 Cr
- Revenue Growth -29.90%
- Profit Growth -1094.34%
- Ebitda -111.04%
- Net Worth -69.92%
- Total Assets -64.15%
About Magnum Equity Broking
Magnum Equity Broking Limited (MEBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 October 1996 and has a history of 28 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services 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 7.00 Cr and a paid-up capital of Rs 5.19 Cr.
The company currently has active open charges totaling ₹7.50 Cr.
Jiten Jadavji, Dhiraj Shah, Ramesh Dedhia, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120MH1996PLC103441
- Company No.
103441
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Oct 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Magnum Equity Broking Limited offer?
Magnum Equity Broking Limited offers a wide range of products and services, including Share Trading Services, Equity Fund Service.
Who are the key members and board of directors at Magnum Equity Broking?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jiten Jadavji  | Managing Director | 01-Oct-2007 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dhiraj Shah | Whole-Time Director | 01-Oct-2007 | Current |
| Ramesh Dedhia | Director | 22-Oct-1996 | Current |
| Sanjay Vora | Whole-Time Director | 22-Oct-1996 | Current |
| Girish Gala | Whole-Time Director | 22-Oct-1996 | Current |
| Vijay Shah | Whole-Time Director | 22-Oct-1996 | Current |
Financial Performance of Magnum Equity Broking.
Magnum Equity Broking Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.9% decrease. The company also saw a substantial fall in profitability, with a 1094.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 69.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magnum Equity Broking?
In 2023, Magnum Equity Broking had a promoter holding of 32.29% and a public holding of 67.71%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magnum Finmart Private LimitedJiten Jadavji, Dhiraj Shah and 2 more are mutual person
Magnum Fincom Broking Private LimitedJiten Jadavji, Dhiraj Shah and 2 more are mutual person
Total Sporting & Fitness Solutions Private LimitedJiten Jadavji is a mutual person
Dvk Real Estate Private LimitedJiten Jadavji and Dhiraj Shah are mutual person
- Nexus Export's Private Limited
Jiten Jadavji and Dhiraj Shah are mutual person
- Capable Real Estate Llp
Dhiraj Shah is a mutual person
Charges (Loans)
₹7.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 7.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 2022 | Bank Of India | ₹7.50 Cr | Open |
How Many Employees Work at Magnum Equity Broking?
Magnum Equity Broking has a workforce of 33 employees as of Apr 05, 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 Equity Broking, 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 Equity Broking'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.
