Magus Travel Solutions Private Limited

Magus Travel Solutions Private Limited

Travel company providing discounted tickets and tour packages for seamen and students, based in Mumbai.
2014 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 18, 2024
HomeCompanyMagus Travel Solutions Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mohamed Memon InManaging Director27-Jan-2014Current

Board Members(1)

NameDesignationAppointment DateStatus
Abubakar Memon In Director 27-Jan-2014Current

Financial Performance of Magus Travel Solutions.

Magus Travel Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.07% decrease. The company also saw a slight improvement in profitability, with a 4.14% increase in profit. The company's net worth Soared by an impressive increase of 17.17%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-35.07%
Revenue from Operations
-22.71%
Total Assets
16.25%
Profit or Loss
4.14%
Net Worth
17.17%
EBITDA
110.02%

Charges (Loans)

Open Charges Satisfied Charges

₹4.75 M

₹5.00 M

LenderAmountStatus

Others

Creation Date: 26 Sep 2019
₹4.75 MOpen

Bombay Mercantile Co-Operative Bank Ltd

Creation Date: 28 Nov 2014
₹5.00 MSatisfied

How Many Employees Work at Magus Travel Solutions?

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

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Latest Updates, News, and FAQs on Magus Travel Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Magus Travel Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Nov 2014 via Charge ID 10538003 with Bombay Mercantile Co-Operative Bank Ltd was fully satisfied on 27 Oct 2021.

    27 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 4.75 M with Charge ID 100296360 was registered on 26 Sep 2019.

    26 Sep 2019

  • Charges

    A charge with Bombay Mercantile Co-Operative Bank Ltd amounted to Rs. 5.00 M with Charge ID 10538003 was registered on 28 Nov 2014.

    28 Nov 2014

  • Director Appointment

    Mohamed Usman Memon was appointed as a Managing Director was appointed as a Managing Director on 27 Jan 2014 & has been associated with this company since 10 years 11 months .

    27 Jan 2014

Frequently asked questions

  • Magus Travel Solutions Private Limited was incorporated on 27 Jan 2014.

  • The authorized share capital of Magus Travel Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Magus Travel Solutions Private Limited.

    • Mohamed Usman Memon
    • Abubakar Abdul Gafoor Memon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magus Travel Solutions Private Limited is 2 Nd FloorShop No.1Ashoka Shopping Centre L.T. Marg Fort, Mumbai, Maharashtra, India, 400001.

  • The corporate identification number (CIN) of Magus Travel Solutions Private Limited is U63090MH2014PTC252495 and the company number is 252495 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magus Travel Solutions Private Limited is https://www.magustravels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magus Travel Solutions Private Limited has fallen by -35.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magus Travel Solutions Private Limited has experienced an upsurge of 17.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magus Travel Solutions Private Limited amount to ₹ 4.75 M.

  • The most recent Balance Sheet for Magus Travel Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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