Magus Cars Limited

Specializing in pre-owned luxury car sales, offering a wide range of top brands and financing options.

2009 | Delhi (India) | Active
Last Updated:

Magus Cars Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 46213.03%
  • Profit Growth 138.26%
  • Ebitda -47.52%
  • Net Worth 17.72%
  • Total Assets -80.33%

About Magus Cars

Magus Cars Limited (MCL) is a Public Limited Indian Non-Government Company incorporated in India on 14 December 2009 and has a history of 15 years and two months. Its registered office is in Delhi, India.

The Corporate was formerly known as Magus Cars Private Limited. The Company is engaged in the Automotive 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 1.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sohan Ahuja, Jatin Ahuja, and Neha Batura serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50200DL2009PLC196902

  • Company No.

    196902

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Magus Cars Limited

Explore comprehensive data for Magus Cars Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magus Cars?

Executive Team (1)

NameDesignationAppointment DateStatus
Jatin Ahuja Country flag representing In Managing Director14-Dec-2009Current

Board Members (2)

NameDesignationAppointment DateStatus
Sohan Ahuja Country flag representing In Director 14-Dec-2009Current
Neha Batura Country flag representing In Director 07-Jan-2010Current

Financial Performance of Magus Cars.

Magus Cars Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 46213.03% increase. The company also saw a substantial improvement in profitability, with a 138.26% increase in profit. The company's net worth Soared by an impressive increase of 17.72%.

Magus Cars revenue growth over time
Magus Cars 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
46213.03%
Revenue from Operations
Total Assets
-80.33%
Profit or Loss
138.26%
Net Worth
17.72%
EBITDA
-47.52%

What is the Ownership and Shareholding Structure of Magus Cars?

In 2020, Magus Cars had a promoter holding of 92.00% and a public holding of 8.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Magus Cars?

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

Employee growth trends for Magus Cars Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magus Cars, 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 Magus Cars'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 Magus Cars

Recent activity within the organization

  • Annual General Meeting

    Magus Cars Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Magus Cars Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Neha Batura was appointed as a Director was appointed as a Director on 07 Jan 2010 & has been associated with this company since 15 years 2 months .

  • Director Appointment

    Sohan Lal Ahuja was appointed as a Director was appointed as a Director on 14 Dec 2009 & has been associated with this company since 15 years 2 months .

  • Director Appointment

    Jatin Ahuja was appointed as a Managing Director was appointed as a Managing Director on 14 Dec 2009 & has been associated with this company since 15 years 2 months .

  • Company Incorporation

    Magus Cars Limited was registered on 14 Dec 2009 with Roc Delhi & aged 15 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Magus Cars Limited?

    Magus Cars Limited was incorporated on 14 Dec 2009.

  • What is authorized share capital and paid-up capital of Magus Cars Limited?

    The authorized share capital of Magus Cars Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Magus Cars Limited?

    Currently 3 directors are associated with Magus Cars Limited.

    • Sohan Lal Ahuja
    • Jatin Ahuja
    • Neha Batura
  • What is the registered address of Magus Cars Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magus Cars Limited is 1003 Pragati Tower, Rajendra Place India, New Delhi, 110008.

  • What is the corporate identification number (CIN) and company number of Magus Cars Limited?

    The corporate identification number (CIN) of Magus Cars Limited is U50200DL2009PLC196902 and the company number is 196902 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magus Cars Limited?

    The Official website of Magus Cars Limited is https://www.maguscars.com

  • What has been the recent revenue trend for Magus Cars Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Magus Cars Limited has risen by 46213.03%.

  • What change has been observed in the net worth of Magus Cars Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Magus Cars Limited has experienced an upsurge of 17.72%.

  • When was the last Balance Sheet of Magus Cars Limited filed with the ROC?

    The most recent Balance Sheet for Magus Cars Limited was filed with the ROC on 31 Mar 2023.

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