Mag Multitrade Private Limited
About Mag Multitrade Private Limited
Data last updated:
Mag Multitrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the retail trade segment of the home appliances and consumer durables sector. It was incorporated on 22 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2011PTC213873.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹24.1 Lakh. It is led by directors Amrit Sukhminder Sodhi and Nimmi Monindersingh Sodhi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.36 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹2.86 Lakh (net margin -53.3%) and EBITDA of -₹92,631 (EBITDA margin -17.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No.9 Eden Garden Next To Pawandham 90Ft Road Mahavir Nagar Kandivali (Wes, T), Mumbai, Maharashtra, India – 400067
- IndustryHome Appliances, Retailers, Non Specialized Stores
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Mag Multitrade Private Limited FY 2024 filings available
Mag Multitrade Private Limited reported revenue of ₹5.36 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mag Multitrade Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 7% fall in the latest year. EBITDA fell 309% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Mag Multitrade Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹92,631 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.86 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mag Multitrade Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -53.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mag Multitrade are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Mag Multitrade Private Limited
Mag Multitrade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrit Sukhminder Sodhi Also directs: Horizon Infrapath Private Limited | Director | 01 Jun 2011 | 15 Years 4 Months | Current |
| Nimmi Monindersingh Sodhi Also directs: Horizon Infrapath Private Limited | Director | 22 Feb 2011 | 15 Years 7 Months | Current |
Auditor Details of Mag Multitrade Private Limited
Mag Multitrade Private Limited is audited by PRAJAPATI BHOSALE GUPTA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAJAPATI BHOSALE GUPTA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mag Multitrade Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mag Multitrade Private Limited
Mag Multitrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mag Multitrade Private Limited
Employment history and EPFO contributions of people linked to Mag Multitrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mag Multitrade Private Limited
Mag Multitrade Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Dhanraj Monindersingh Sodhi ceased to be Director on 12 Dec 2012.
Credit Ratings, Litigation & Regulatory Alerts for Mag Multitrade Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mag Multitrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mag Multitrade Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mag Multitrade Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mag Multitrade Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mag Multitrade Private Limited
Mag Multitrade is an active private limited company based in Mumbai, Maharashtra, India. The company works in retailers, within the home appliances industry. It was incorporated on 22 February 2011 (15+ years old) and is registered under CIN U52100MH2011PTC213873.
Mag Multitrade reported revenue of ₹5.36 Lakh for FY 2024 (down 7% YoY).
Mag Multitrade has 2 current directors:
- Amrit Sukhminder Sodhi - Director
- Nimmi Monindersingh Sodhi - Director
Mag Multitrade reported a net loss of ₹2.86 Lakh (net margin -53.3%) and EBITDA of -₹92,631 (EBITDA margin -17.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mag Multitrade is 1% over three years and -7% over five years. In the latest year (FY 2024) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Mag Multitrade is U52100MH2011PTC213873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mag Multitrade was incorporated on 22 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhanraj Monindersingh Sodhi ceased to be Director on 12 Dec 2012. Sukhminder Singh Sodhi ceased to be Director on 01 Aug 2012. Amrit Sukhminder Sodhi was appointed as Director on 01 Jun 2011. Mag Multitrade has 4 board changes on record in total.
The registered office of Mag Multitrade is at Shop No.9 Eden Garden Next To Pawandham 90Ft Road Mahavir Nagar Kandivali Wes, T, Mumbai, Maharashtra, India – 400067.
Mag Multitrade has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹24.1 Lakh.