Magnum Insurance Broking Private Limited Company Logo

Magnum Insurance Broking Private Limited - Company Profile

It is a financial services private limited company based in Nagpur, Maharashtra, India, established in 2013.

2013 | Nagpur, Maharashtra, India | Active
Last Updated:

About Magnum Insurance Broking Private Limited

Magnum Insurance Broking Private Limited, a active private limited company, was established on 18 June 2013 in Nagpur, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U66000MH2013PTC244590. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹8.00 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Roshni Chintan Babaria (Director), Nishit Pankaj Babaria (Director), Chintan Pankaj Babaria (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 201, Usha Complex, 345 Kingsway, Nagpur, Maharashtra, 440001.

Company Details

  • CIN/LLPIN

    U66000MH2013PTC244590

  • Registration Number

    244590

  • Incorporation Date

    18 June 2013

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹8.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 49.92%
  • Profit Growth 423.21%
  • Ebitda 316.49%
  • Net Worth 44.45%
  • Total Assets 5.19%
Company report

Magnum Insurance Broking Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magnum Insurance Broking Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magnum Insurance Broking Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Roshni Chintan BabariaDirector08 Sep 2022Current
Nishit Pankaj BabariaDirector18 Jun 2013Current
Chintan Pankaj BabariaDirector18 Jun 2013Current

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Financial Performance of Magnum Insurance Broking.

Magnum Insurance Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.92% increase. The company also saw a substantial improvement in profitability, with a 423.21% increase in profit. The company's net worth Soared by an impressive increase of 44.45%.

Magnum Insurance Broking revenue growth over time
Magnum Insurance 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
49.92%
Revenue from Operations
48.97%
Total Assets
5.19%
Profit or Loss
423.21%
Net Worth
44.45%
EBITDA
316.49%

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

Unlock access to Magnum Insurance Broking's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

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

How Many Employees Work at Magnum Insurance Broking?

Magnum Insurance Broking has a workforce of 11 employees as of Apr 06, 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 Insurance Broking Private Limited

Deals i

Graph showing company valuation over time

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

Recent Activity within the Organization

  • Annual General Meeting

    The activity Magnum Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Magnum Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Roshni Chintan Babaria was appointed as a Director was appointed as a Director on 08 Sep 2022 & has been associated with this company since 3 years 3 months . was completed.

  • Director Appointment

    The activity Nishit Pankaj Babaria was appointed as a Director was appointed as a Director on 18 Jun 2013 & has been associated with this company since 12 years 6 months . was completed.

  • Director Appointment

    The activity Chintan Pankaj Babaria was appointed as a Director was appointed as a Director on 18 Jun 2013 & has been associated with this company since 12 years 6 months . was completed.

  • Company Incorporation

    Progress on Magnum Insurance Broking Private Limited was registered on 18 Jun 2013 with Roc Mumbai & aged 12 years 6 months as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Magnum Insurance Broking Private Limited?

    The CIN of Magnum Insurance Broking Private Limited is U66000MH2013PTC244590.

  • Where is Magnum Insurance Broking Private Limited headquartered?

    Magnum Insurance Broking Private Limited is headquartered at 201, Usha Complex, 345 Kingsway, Nagpur, Maharashtra, 440001.

  • When was Magnum Insurance Broking Private Limited incorporated?

    Magnum Insurance Broking Private Limited was incorporated on 18 June 2013.

  • Who are the current directors of Magnum Insurance Broking Private Limited?

    The current directors of Magnum Insurance Broking Private Limited are

  • What is the primary industry of Magnum Insurance Broking Private Limited?

    The primary industry of Magnum Insurance Broking Private Limited is Financial And Insurance Service.

  • Is Magnum Insurance Broking Private Limited a listed company?

    Magnum Insurance Broking Private Limited is unlisted.

  • What is the capital structure of Magnum Insurance Broking Private Limited?

    The authorized capital of Magnum Insurance Broking Private Limited is ₹1.00 Cr, and the paid-up capital is ₹8.00 M.

  • What is the compliance status of Magnum Insurance Broking Private Limited?

    The compliance status of Magnum Insurance Broking Private Limited is Compliant.

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