Magnum Estates Limited

This company specializes in aquaculture and seafood exports to various markets, with its own farms and processing plant.

1993 | Khorda, Odisha (India) | Active
Last Updated:

Magnum Estates Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.69 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.50 Cr
  • Satisfied Charges ₹ 107.99 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 nine months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Magnum Estates Private 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 2024. 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 ₹37.50 Cr. The company has closed loans amounting to ₹107.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Geetarani Padhi, Biswadev Dash, Basudev Ojha, and Four other members serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74102OR1993PLC003346

  • Company No.

    003346

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Agriculture

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.

Company report

Magnum Estates Limited

Explore comprehensive data for Magnum Estates Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (7)

NameDesignationAppointment DateStatus
Lokanath Sethi Country flag representing In Director 02-Dec-2021Current
Geetarani Padhi Country flag representing In Director 16-Sep-2004Current
Biswadev Dash Country flag representing In Director 20-May-2024Current
Basudev Ojha Country flag representing In Director 20-May-2024Current
Samidha Mahapatra Country flag representing In Director 20-May-2024Current
Prem Satpathy Country flag representing In Director 16-Mar-2021Current

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%.

Magnum Estates revenue growth over time
Magnum Estates 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
12.42%
Revenue from Operations
12.52%
Total Assets
13.08%
Profit or Loss
-30.41%
Net Worth
1.22%
EBITDA
20.04%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.50 Cr

Satisfied Charges

₹107.99 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 37.50 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2024Bank Of India₹37.50 CrOpen
15 Apr 2012Srei Equipment Finance Private Limited₹0.92 MSatisfied
30 Mar 2012Srei Equipment Finance Private Limited₹2.00 MSatisfied
15 Mar 2012Srei Equipment Finance Private Limited₹1.12 MSatisfied
12 Oct 2009Indian Overseas Bank₹73.31 CrSatisfied

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.

Employee growth trends for Magnum Estates Limited

Deals i

Graph showing company valuation over time

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

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 Estates

Recent activity within the organization

  • Charges

    A charge with Bank Of India of Rs. 37.50 Cr registered on 20 May 2024 with Charge ID 100945778 was modified on 20 Nov 2024.

  • Annual General Meeting

    Magnum Estates Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 09 May 1995 via Charge ID 90082216 with State Bank Of India was fully satisfied on 15 Jul 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 37.50 Cr with Charge ID 100945778 was registered on 20 May 2024.

  • Director Appointment

    Biswadev Dash was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 9 months 24 days .

  • Director Appointment

    Basudev Ojha was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 9 months 24 days .

Frequently asked questions

  • What is the Incorporation or founding date of Magnum Estates Limited?

    Magnum Estates Limited was incorporated on 10 Jun 1993.

  • What is authorized share capital and paid-up capital of Magnum Estates Limited?

    The authorized share capital of Magnum Estates Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.69 Cr.

  • Who are the current board members & directors of Magnum Estates Limited?

    Currently 7 directors are associated with Magnum Estates Limited.

    • Geetarani Padhi
    • Biswadev Dash
    • Basudev Ojha
    • Samidha Mahapatra
    • Lokanath Sethi
    • Prem Sanker Satpathy
    • Ramesh Mahapatra

  • What is the registered address of Magnum Estates Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Estates Limited is 132A Sectior-A, Zone Amencheswar Industrial Eastate India, Bhubaneswar, Orissa, 751010.

  • What is the corporate identification number (CIN) and company number of Magnum Estates Limited?

    The corporate identification number (CIN) of Magnum Estates Limited is U74102OR1993PLC003346 and the company number is 003346 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnum Estates Limited?

    The Official website of Magnum Estates Limited is https://www.magnum-india.com

  • What has been the recent revenue trend for Magnum Estates Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Estates Limited has risen by 12.42%.

  • How many employees does Magnum Estates Limited currently have?

    As Per 2023 financial reports, 92 employees are currently employed by Magnum Estates Limited.

  • What change has been observed in the net worth of Magnum Estates Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Estates Limited has experienced an upsurge of 1.22%.

  • What are the total open charges for Magnum Estates Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magnum Estates Limited amount to ₹ 37.50 Cr.

  • When was the last Balance Sheet of Magnum Estates Limited filed with the ROC?

    The most recent Balance Sheet for Magnum Estates Limited was filed with the ROC on 31 Mar 2024.

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