Magnum Solutions Private Limited

IT consulting and hardware/software sales and services company based in Delhi.

1995 | Delhi (India) | Active
Last Updated: December 23, 2024

Magnum Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.27 Cr
  • Revenue Growth -55.45%
  • Profit Growth 28.93%
  • Ebitda 121.81%
  • Net Worth -12.81%
  • Total Assets -6.04%

About Magnum Solutions

Magnum Solutions Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 December 1995 and has a history of 29 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Information Technology 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 3.00 M.

The company has closed loans amounting to ₹11.27 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anurag Ashok and Shrinivas Sharma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PTC074320

  • Company No.

    074320

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Anurag Ashok Country flag representing In Director 04-Dec-1995 Current
Shrinivas Sharma Country flag representing In Director 10-Dec-2018 Current

Financial Performance of Magnum Solutions.

Magnum Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 55.45% decrease. The company also saw a substantial improvement in profitability, with a 28.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.81%.

Graph illustrating revenue growth over time
Graph showing 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
-55.45%
Revenue from Operations
-76.55%
Total Assets
-6.04%
Profit or Loss
28.93%
Net Worth
-12.81%
EBITDA
121.81%

What is the Ownership and Shareholding Structure of Magnum Solutions?

In 2022, Magnum Solutions had a public holding of 35.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹112.70 M

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 11.27 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2007 State Bank Of Mysore ₹10.00 Cr Satisfied
25 Aug 2007 State Bank Of Mysore ₹1.20 Cr Satisfied
19 Apr 2001 State Bank Of Mysore ₹0.45 M Satisfied
25 Nov 1999 State Bank Of Mysore ₹0.25 M Satisfied

How Many Employees Work at Magnum Solutions?

Unlock and access historical data on people associated with Magnum Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Magnum Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Magnum Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Shrinivas Sharma was appointed as a Director was appointed as a Director on 10 Dec 2018 & has been associated with this company since 6 years 1 month .

    10 Dec 2018

  • Charges

    A charge registered on 19 Apr 2001 via Charge ID 90043070 with State Bank Of Mysore was fully satisfied on 04 Jul 2011.

    04 Jul 2011

  • Charges

    A charge registered on 25 Nov 1999 via Charge ID 90042624 with State Bank Of Mysore was fully satisfied on 04 Jul 2011.

    04 Jul 2011

  • Charges

    A charge registered on 15 Sep 2007 via Charge ID 10073835 with State Bank Of Mysore was fully satisfied on 24 Jun 2011.

    24 Jun 2011

Frequently asked questions

  • Magnum Solutions Private Limited was incorporated on 04 Dec 1995.

  • The authorized share capital of Magnum Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Magnum Solutions Private Limited.

    • Anurag Ashok
    • Shrinivas Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magnum Solutions Private Limited is A-248 2Nd Floor Okhla Industrial Area, Phase 1 India, New Delhi, 110020.

  • The corporate identification number (CIN) of Magnum Solutions Private Limited is U74899DL1995PTC074320 and the company number is 074320 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magnum Solutions Private Limited is https://www.magnumsolutions.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Magnum Solutions Private Limited has fallen by -55.45%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Magnum Solutions Private Limited has experienced an downturn of -12.81%.

  • The most recent Balance Sheet for Magnum Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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