Magnum Finmart Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 06-07-2024
- Paid Up Capital ₹ 5.00 M
as on 06-07-2024
- Company Age 28 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 72.50 M
as on 06-07-2024
- Revenue -6.73%
(FY 2022)
- Profit -1019.89%
(FY 2022)
- Ebitda -2932.59%
(FY 2022)
- Net Worth -43.74%
(FY 2022)
- Total Assets -45.70%
(FY 2022)
About Magnum Finmart
The Corporate was formerly known as Magnum Wealth Management Private Limited. The Company is engaged in the Finance And Insurance 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 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.
- CIN/LLPIN
U67120MH1996PTC099361
- Company No.
099361
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 1996
- Date of AGM
23 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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 |
| Dhiraj Shah | Director | 08-May-1996 | Current |
| Ramesh Dedhia | Director | 08-May-1996 | Current |
| Sanjay Vora | Director | 08-May-1996 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Magnum Finmart?
In 2018, 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)
Magnum Fincom Broking Private Limited
Active
36 years 7 months Jiten Jadavji, Dhiraj Shah and 2 more are mutual person
Magnum Equity Broking Limited
Active 27 years 11 months Jiten Jadavji, Dhiraj Shah and 2 more are mutual person
Total Sporting & Fitness Solutions Private Limited
Active 18 years 9 months Jiten Jadavji is a mutual person
Dvk Real Estate Private Limited
Active 18 years 1 month Jiten Jadavji and Dhiraj Shah are mutual person
Nexus Export's Private Limited
Active 27 years 3 months Jiten Jadavji and Dhiraj Shah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Kotak Mahindra Bank Limited Creation Date: 23 Jun 2008 | ₹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
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.
