Magnum Equity Broking Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.49 Cr
- Company Age 28 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.62 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 five 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.49 Cr.
The company currently has active open charges totaling ₹7.62 Cr.
Jiten Jadavji, Ramesh Dedhia, Sanjay Vora, 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
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
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 |
|---|---|---|---|
| Ramesh Dedhia | Director | 22-Oct-1996 | Current |
| Sanjay Vora | Whole-Time Director | 22-Oct-1996 | Current |
| Vijay Shah | Whole-Time Director | 22-Oct-1996 | Current |
| Girish Gala | Whole-Time Director | 22-Oct-1996 | Current |
| Dhiraj Shah | Whole-Time Director | 01-Oct-2007 | 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
- Ratios
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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, Ramesh Dedhia and 2 more are mutual person
Magnum Fincom Broking Private LimitedJiten Jadavji, Ramesh Dedhia 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)
Open Charges
₹7.62 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 7.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Bank Of India | ₹1.19 M | Open |
| 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.
Latest Updates, News, and FAQs on Magnum Equity Broking
Recent activity within the organization
- Charges
A charge with Bank Of India amounted to Rs. 0.12 Cr with Charge ID 101025813 was registered on 31 Dec 2024.
- Annual General Meeting
Magnum Equity Broking Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Magnum Equity Broking Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Bank Of India amounted to Rs. 7.50 Cr with Charge ID 100594864 was registered on 04 Jun 2022.
- Director Appointment
Dhiraj Lakhamshi Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Oct 2007 & has been associated with this company since 17 years 5 months .
- Director Appointment
Ramesh Dungarshi Dedhia was appointed as a Director was appointed as a Director on 22 Oct 1996 & has been associated with this company since 28 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Magnum Equity Broking Limited?
Magnum Equity Broking Limited was incorporated on 22 Oct 1996.
What is authorized share capital and paid-up capital of Magnum Equity Broking Limited?
The authorized share capital of Magnum Equity Broking Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.49 Cr.
Who are the current board members & directors of Magnum Equity Broking Limited?
Currently 6 directors are associated with Magnum Equity Broking Limited.
- Jiten Chheda Jadavji
- Ramesh Dungarshi Dedhia
- Sanjay Bhavanji Vora
- Vijay Bhavanji Shah
- Girish Shamji Gala
- Dhiraj Lakhamshi Shah
What is the registered address of Magnum Equity Broking Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Equity Broking Limited is D-30 Empire Mahal 806 Dr. B. A. Road Khodadad Circle Dadar Tt, India, Mumbai, Maharashtra, 400014.
What is the corporate identification number (CIN) and company number of Magnum Equity Broking Limited?
The corporate identification number (CIN) of Magnum Equity Broking Limited is U67120MH1996PLC103441 and the company number is 103441 as per Ministry of Corporate Affairs (MCA).
What is the official website of Magnum Equity Broking Limited?
The Official website of Magnum Equity Broking Limited is https://www.magnum.co.in
What has been the recent revenue trend for Magnum Equity Broking Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Equity Broking Limited has fallen by -29.90%.
How many employees does Magnum Equity Broking Limited currently have?
As Per 2023 financial reports, 33 employees are currently employed by Magnum Equity Broking Limited.
What change has been observed in the net worth of Magnum Equity Broking Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Equity Broking Limited has experienced an downturn of -69.92%.
What are the total open charges for Magnum Equity Broking Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Magnum Equity Broking Limited amount to ₹ 7.62 Cr.
When was the last Balance Sheet of Magnum Equity Broking Limited filed with the ROC?
The most recent Balance Sheet for Magnum Equity Broking Limited was filed with the ROC on 31 Mar 2024.
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