Magnum Sea Foods Limited

Seafood processing and export company specializing in black tiger prawns, shrimp, and fish.

1987 | Bhubaneswar, Orissa (India) | Active
Last Updated:

Magnum Sea Foods Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 2.66 Cr
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 116.96 Cr
  • Satisfied Charges ₹ 17.35 Cr
  • Revenue Growth 38.91%
  • Profit Growth -12.79%
  • Ebitda 36.26%
  • Net Worth 1.39%
  • Total Assets 27.96%

About Magnum Sea Foods

Magnum Sea Foods Limited (MSFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 November 1987 and has a history of 37 years and six months. Its registered office is in Bhubaneswar, Orissa, India.

The Corporate was formerly known as Magnum Sea Foods Private Limited. The Company is engaged in the Agriculture 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 6.00 Cr and a paid-up capital of Rs 2.66 Cr.

The company currently has active open charges totaling ₹116.96 Cr. The company has closed loans amounting to ₹17.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Mahapatra, Geetarani Padhi, Chelari Padmarajan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U05004OR1987PLC001922

  • Company No.

    001922

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 1987

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Agriculture
Company report

Magnum Sea Foods Limited

Explore comprehensive data for Magnum Sea Foods Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magnum Sea Foods?

Board Members (5)

NameDesignationAppointment DateStatus
Syed Ali Country flag representing In Director 02-Dec-2021Current
Ramesh Mahapatra Country flag representing In Director 16-Jun-2001Current
Geetarani Padhi Country flag representing In Director 16-Jun-2001Current
Chelari Padmarajan Country flag representing In Director 14-Nov-2006Current
Prem Satpathy Country flag representing In Director 16-Mar-2021Current

Financial Performance of Magnum Sea Foods.

Magnum Sea Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.91% increase. The company also saw a substantial fall in profitability, with a 12.79% decrease in profit. The company's net worth moved up by a moderate rise of 1.39%.

Magnum Sea Foods revenue growth over time
Magnum Sea Foods 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
38.91%
Revenue from Operations
39.38%
Total Assets
27.96%
Profit or Loss
-12.79%
Net Worth
1.39%
EBITDA
36.26%

What is the Ownership and Shareholding Structure of Magnum Sea Foods?

In 2023, Magnum Sea Foods had a promoter holding of 90.76% and a public holding of 9.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹116.96 Cr

Satisfied Charges

₹17.35 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 114.96 Cr
  • Hdfc Bank Limited : 1.10 Cr
  • Axis Bank Limited : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2023Axis Bank Limited₹9.00 MOpen
17 Feb 2022Hdfc Bank Limited₹1.10 CrOpen
24 Sep 2003Indian Overseas Bank₹114.96 CrOpen
15 May 2009State Bank Of India₹13.60 CrSatisfied
20 Mar 2009Indian Overseas Bank₹3.75 CrSatisfied

How Many Employees Work at Magnum Sea Foods?

Magnum Sea Foods has a workforce of 192 employees as of Apr 05, 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 Sea Foods Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magnum Sea Foods, 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 Sea Foods'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 Sea Foods

Recent activity within the organization

  • Charges

    A charge registered on 20 Mar 2009 via Charge ID 10156775 with Indian Overseas Bank was fully satisfied on 29 Nov 2023.

  • Annual General Meeting

    Magnum Sea Foods Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Indian Overseas Bank of Rs. 114.96 Cr registered on 24 Sep 2003 with Charge ID 90080148 was modified on 24 Jul 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100757026 was registered on 20 Jul 2023.

  • Balance Sheet

    Magnum Sea Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100555045 was registered on 17 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Magnum Sea Foods Limited?

    Magnum Sea Foods Limited was incorporated on 02 Nov 1987.

  • What is authorized share capital and paid-up capital of Magnum Sea Foods Limited?

    The authorized share capital of Magnum Sea Foods Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.66 Cr.

  • Who are the current board members & directors of Magnum Sea Foods Limited?

    Currently 5 directors are associated with Magnum Sea Foods Limited.

    • Ramesh Mahapatra
    • Geetarani Padhi
    • Chelari Valiyapurayil Padmarajan
    • Prem Sanker Satpathy
    • Syed Sameer Mumtaz Ali
  • What is the registered address of Magnum Sea Foods Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Sea Foods Limited is 132 A Sector A Zone Amancheswar Industrial Estate, Bhubaneswar, Orissa, India, 751010.

  • What is the corporate identification number (CIN) and company number of Magnum Sea Foods Limited?

    The corporate identification number (CIN) of Magnum Sea Foods Limited is U05004OR1987PLC001922 and the company number is 001922 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magnum Sea Foods Limited?

    The Official website of Magnum Sea Foods Limited is https://www.magnum-india.com

  • What has been the recent revenue trend for Magnum Sea Foods Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Magnum Sea Foods Limited has risen by 38.91%.

  • How many employees does Magnum Sea Foods Limited currently have?

    As Per 2023 financial reports, 192 employees are currently employed by Magnum Sea Foods Limited.

  • What change has been observed in the net worth of Magnum Sea Foods Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Magnum Sea Foods Limited has experienced an upsurge of 1.39%.

  • What are the total open charges for Magnum Sea Foods Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Magnum Sea Foods Limited amount to ₹ 116.96 Cr.

  • When was the last Balance Sheet of Magnum Sea Foods Limited filed with the ROC?

    The most recent Balance Sheet for Magnum Sea Foods Limited was filed with the ROC on 31 Mar 2023.

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