Mags Finvest Private Limited

Investment company specializing in securities, stocks, bonds, and shares since 2003.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: January 27, 2025

Mags Finvest Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.80 Cr
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth -15.34%
  • Profit Growth -70.24%
  • Ebitda 112.89%
  • Net Worth 2.14%
  • Total Assets 4.00%

About Mags Finvest

Mags Finvest Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 October 2003 and has a history of 21 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹15.80 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shagun Kapur and Madhu Kapur serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65993MH2003PTC142730

  • Company No.

    142730

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Mags Finvest?

Board Members (2)

NameDesignationAppointment DateStatus
Shagun Kapur Country flag representing In Director 17-Oct-2003Current
Madhu Kapur Country flag representing In Director 17-Oct-2003Current

Financial Performance of Mags Finvest.

Mags Finvest Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.34% decrease. The company also saw a substantial fall in profitability, with a 70.24% decrease in profit. The company's net worth moved up by a moderate rise of 2.14%.

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
-15.34%
Revenue from Operations
Total Assets
4.00%
Profit or Loss
-70.24%
Net Worth
2.14%
EBITDA
112.89%

What is the Ownership and Shareholding Structure of Mags Finvest?

Unlock access to Mags Finvest'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

Charges (Loans)

Open Charges

₹15.80 Cr

Satisfied Charges

₹20.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Hdfc Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
28 Apr 2022Others₹7.50 CrOpen
28 Apr 2022Others₹7.50 CrOpen
29 Dec 2020Hdfc Bank Limited₹8.00 MOpen
14 Aug 2015Kotak Mahindra Prime Limited₹2.30 CrSatisfied
28 Apr 2011Hdfc Bank Limited₹17.70 CrSatisfied

How Many Employees Work at Mags Finvest?

Unlock and access historical data on people associated with Mags Finvest, 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 Mags Finvest, 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 Mags Finvest'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 Mags Finvest

Recent activity within the organization

  • Annual General Meeting

    Mags Finvest Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mags Finvest Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100573636 was registered on 28 Apr 2022.

    28 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100573762 was registered on 28 Apr 2022.

    28 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100425649 was registered on 29 Dec 2020.

    29 Dec 2020

  • Charges

    A charge registered on 14 Aug 2015 via Charge ID 10605807 with Kotak Mahindra Prime Limited was fully satisfied on 05 Oct 2020.

    05 Oct 2020

Frequently asked questions

  • Mags Finvest Private Limited was incorporated on 17 Oct 2003.

  • The authorized share capital of Mags Finvest Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Mags Finvest Private Limited.

    • Shagun Ashok Kapur
    • Madhu Kapur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mags Finvest Private Limited is 11 Silver Archnapean Sea Road Mumbai India, Mumbai-, Maharashtra, 400006.

  • The corporate identification number (CIN) of Mags Finvest Private Limited is U65993MH2003PTC142730 and the company number is 142730 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mags Finvest Private Limited has fallen by -15.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mags Finvest Private Limited has experienced an upsurge of 2.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mags Finvest Private Limited amount to ₹ 15.80 Cr.

  • The most recent Balance Sheet for Mags Finvest Private Limited was filed with the ROC on 31 Mar 2023.

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