Magnum Finmart Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 7.25 Cr
- Revenue Growth -6.73%
- Profit Growth -1019.89%
- Ebitda -2932.59%
- Net Worth -43.74%
- Total Assets -45.70%
About Magnum Finmart
Magnum Finmart Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 May 1996 and has a history of 28 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Magnum Wealth Management Private Limited. 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 M and a paid-up capital of Rs 5.00 M.
The company has closed loans amounting to ₹7.25 Cr, and has no open charges 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
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Location
Mumbai, Maharashtra, 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
U67120MH1996PTC099361
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Company No.
099361
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 May 1996
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Date of AGM
21 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Magnum Finmart?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jiten Jadavji
|
Director | 08-May-1996 | Current |
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Dhiraj Shah
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Director | 08-May-1996 | Current |
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Ramesh Dedhia
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Director | 08-May-1996 | Current |
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Sanjay Vora
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Director | 08-May-1996 | Current |
Financial Performance of Magnum Finmart.
Magnum Finmart Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 6.73% decrease. The company also saw a substantial fall in profitability, with a 1019.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.74%.
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What is the Ownership and Shareholding Structure of Magnum Finmart?
In 2022, Magnum Finmart had a promoter holding of 100.00%. 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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Magnum Fincom Broking Private LimitedJiten Jadavji, Dhiraj Shah and 2 more are mutual person
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Magnum Equity Broking LimitedJiten Jadavji, Dhiraj Shah and 2 more are mutual person
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Total Sporting & Fitness Solutions Private LimitedJiten Jadavji is a mutual person
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Dvk Real Estate Private LimitedJiten Jadavji and Dhiraj Shah are mutual person
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Nexus Export's Private Limited
Jiten Jadavji and Dhiraj Shah are mutual person
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Capable Real Estate Llp
Dhiraj Shah is a mutual person
Charges (Loans)
₹0
₹72.50 M
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 7.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2008 | Kotak Mahindra Bank Limited | ₹7.25 Cr | Satisfied |
How Many Employees Work at Magnum Finmart?
Unlock and access historical data on people associated with Magnum Finmart, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnum Finmart, 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 Finmart'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
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