Magnum Estates Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 2.69 Cr
- Company Age 31 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.85 Cr
- Satisfied Charges ₹ 79.14 Cr
- Revenue Growth 12.42%
- Profit Growth -30.41%
- Ebitda 20.04%
- Net Worth 1.22%
- Total Assets 13.08%
About Magnum Estates
Magnum Estates Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 June 1993 and has a history of 31 years and seven months. Its registered office is in Bhubaneswar, Orissa, India.
The Corporate was formerly known as Magnum Estates Limited. The Company is engaged in the Agriculture 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 3.50 Cr and a paid-up capital of Rs 2.69 Cr.
The company currently has active open charges totaling ₹28.85 Cr. The company has closed loans amounting to ₹79.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramesh Mahapatra, Geetarani Padhi, Bibhuti Mishra, and Two other members serve as directors at the Company.
Company Details
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Location
Bhubaneswar, Orissa, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74102OR1993PLC003346
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Company No.
003346
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 Jun 1993
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Cuttack
Industry
What products or services does Magnum Estates Limited offer?
Magnum Estates Limited offers a wide range of products and services, including Plastic Granules, HDPE Granules, HDPE Pipe, HDPE Coil Pipe, Distribution Box.
Who are the key members and board of directors at Magnum Estates?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lokanath Sethi
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Director | 02-Dec-2021 | Current |
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Ramesh Mahapatra
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Director | 10-Jun-1993 | Current |
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Geetarani Padhi
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Director | 16-Sep-2004 | Current |
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Bibhuti Mishra
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Director | Current | |
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Prem Satpathy
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Director | 16-Mar-2021 | Current |
Financial Performance of Magnum Estates.
Magnum Estates Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.42% increase. The company also saw a substantial fall in profitability, with a 30.41% decrease in profit. The company's net worth moved up by a moderate rise of 1.22%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Magnum Estates?
In 2021, Magnum Estates had a promoter holding of 86.13% and a public holding of 13.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Snow World Marine Exports Private LimitedBibhuti Mishra is a mutual person
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Magnum Sizzles Private LimitedRamesh Mahapatra and Geetarani Padhi are mutual person
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Magnum Sea Foods Limited
Ramesh Mahapatra, Geetarani Padhi and 1 more are mutual person
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Magnum Pharmatech Pvt Ltd
Ramesh Mahapatra and Geetarani Padhi are mutual person
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Magnum Polymers Private Limited
Ramesh Mahapatra and Geetarani Padhi are mutual person
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Magnum Fibres Private Limited
Ramesh Mahapatra and Geetarani Padhi are mutual person
Charges (Loans)
₹28.85 Cr
₹79.14 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 28.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 1995 | State Bank Of India | ₹28.85 Cr | Open |
| 15 Apr 2012 | Srei Equipment Finance Private Limited | ₹0.92 M | Satisfied |
| 30 Mar 2012 | Srei Equipment Finance Private Limited | ₹2.00 M | Satisfied |
| 15 Mar 2012 | Srei Equipment Finance Private Limited | ₹1.12 M | Satisfied |
| 12 Oct 2009 | Indian Overseas Bank | ₹73.31 Cr | Satisfied |
How Many Employees Work at Magnum Estates?
Magnum Estates has a workforce of 92 employees as of Apr 04, 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 Estates, 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 Estates'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.
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