Magnum Resources Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 9.90 Cr
as on 17-07-2024
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.00 Cr
as on 17-07-2024
- Revenue -4.27%
(FY 2021)
- Profit -96.77%
(FY 2021)
- Ebitda -30.44%
(FY 2021)
- Net Worth -210.09%
(FY 2021)
- Total Assets -21.10%
(FY 2021)
About Magnum Resources
The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 9.90 Cr.
The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Magnum Resources Private Limited India is Akshay Sharma as CEO. Devinder Singh, Deepit Singh, Tushar Singh, and Three other members serve as directors at the Company.
- CIN/LLPIN
U52392DL2002PTC114825
- Company No.
114825
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 2002
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magnum Resources Private Limited offer?
Magnum Resources Private Limited offers a wide range of products and services, including Sewing,Knitting & Embroidery Machine, Industrial Sewing Machine, Fabric Cutters, Cloth Cutting Machine, JUKI Industrial Sewing Machine, Auxiliary Machine, Curtain Making Machine, Pegasus Sewing Machines, Material Handling Machines & Systems, Bulk Handling Equipment.
Who are the key members and board of directors at Magnum Resources?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tushar Singh  | Managing Director | 07-Oct-2016 | Current |
| Akshay Sharma | CEO | 01-Apr-2022 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prabir Jana | Director | 01-Apr-2022 | Current |
| Devinder Singh | Director | 26-Aug-2006 | Current |
| Deepit Singh | Director | 26-Aug-2006 | Current |
| Asim Kumar | Director | 01-Apr-2022 | Current |
| Akshay Sharma | Director | 01-Apr-2022 | Current |
Financial Performance and Corporate Structure Insights of Magnum Resources.
Magnum Resources Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 4.27% decrease. The company also saw a substantial fall in profitability, with a 96.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 210.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magnum Resources?
In 2021, Magnum Resources had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Corporation Bank Creation Date: 26 Mar 2007 | ₹1.00 Cr | Satisfied |
How Many Employees Work at Magnum Resources?
Magnum Resources has a workforce of 64 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnum Resources, 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 Resources'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.
