Magnum Fincom Broking Private Limited

Commodity broking services for MCX, established in 1988, based in Mumbai.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated:

Magnum Fincom Broking Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 37 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 39.41%
  • Profit Growth -26.10%
  • Ebitda -449.36%
  • Net Worth 2.97%
  • Total Assets -7.08%

About Magnum Fincom Broking

Magnum Fincom Broking Private Limited (MFBPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 1988 and has a history of 37 years. 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 5.00 Cr and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Jiten Jadavji, Dhiraj Shah, Ramesh Dedhia, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magnum.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910MH1988PTC046345

  • Company No.

    046345

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1988

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (4)

NameDesignationAppointment DateStatus
Jiten Jadavji Country flag representing In Director 15-Feb-2000Current
Dhiraj Shah Country flag representing In Director 15-Feb-2000Current
Ramesh Dedhia Country flag representing In Director 15-Feb-2000Current
Sanjay Vora Country flag representing In Director 10-Apr-2000Current

Financial Performance of Magnum Fincom Broking.

Magnum Fincom Broking Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.41% increase. The company also saw a substantial fall in profitability, with a 26.1% decrease in profit. The company's net worth moved up by a moderate rise of 2.97%.

Magnum Fincom Broking revenue growth over time
Magnum Fincom Broking 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
39.41%
Revenue from Operations
-22.34%
Total Assets
-7.08%
Profit or Loss
-26.10%
Net Worth
2.97%
EBITDA
-449.36%

What is the Ownership and Shareholding Structure of Magnum Fincom Broking?

In 2022, Magnum Fincom Broking had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magnum Fincom Broking?

Unlock and access historical data on people associated with Magnum Fincom Broking, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Magnum Fincom Broking Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnum Fincom 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 Fincom Broking'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 Fincom Broking

Recent activity within the organization

  • Annual General Meeting

    Magnum Fincom Broking Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Magnum Fincom Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Sanjay Bhavanji Vora was appointed as a Director was appointed as a Director on 10 Apr 2000 & has been associated with this company since 24 years 10 months .

  • Director Appointment

    Jiten Chheda Jadavji was appointed as a Director was appointed as a Director on 15 Feb 2000 & has been associated with this company since 25 years 18 days .

  • Director Appointment

    Dhiraj Lakhamshi Shah was appointed as a Director was appointed as a Director on 15 Feb 2000 & has been associated with this company since 25 years 18 days .

  • Director Appointment

    Ramesh Dungarshi Dedhia was appointed as a Director was appointed as a Director on 15 Feb 2000 & has been associated with this company since 25 years 18 days .

Frequently asked questions

  • What is the Incorporation or founding date of Magnum Fincom Broking Private Limited?

    Magnum Fincom Broking Private Limited was incorporated on 26 Feb 1988.

  • What is authorized share capital and paid-up capital of Magnum Fincom Broking Private Limited?

    The authorized share capital of Magnum Fincom Broking Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Magnum Fincom Broking Private Limited?

    Currently 4 directors are associated with Magnum Fincom Broking Private Limited.

    • Jiten Chheda Jadavji
    • Dhiraj Lakhamshi Shah
    • Ramesh Dungarshi Dedhia
    • Sanjay Bhavanji Vora

  • What is the registered address of Magnum Fincom Broking Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Fincom Broking Private Limited is D-30 Empire Mahal 806 Dr.B.A.Road Khodadad Circle Dadar, India, Mumbai, Maharashtra, 400014.

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

    The corporate identification number (CIN) of Magnum Fincom Broking Private Limited is U65910MH1988PTC046345 and the company number is 046345 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnum Fincom Broking Private Limited?

    The Official website of Magnum Fincom Broking Private Limited is https://www.magnum.co.in

  • What has been the recent revenue trend for Magnum Fincom Broking Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Magnum Fincom Broking Private Limited has risen by 39.41%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Magnum Fincom Broking Private Limited has experienced an upsurge of 2.97%.

  • When was the last Balance Sheet of Magnum Fincom Broking Private Limited filed with the ROC?

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

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