Magga Baba Designs Private Limited
About Magga Baba Designs Private Limited
Data last updated:
Magga Baba Designs Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 19 January 2011.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2011PTC138311.
The company had an authorised share capital of ₹4.01 Cr and a paid-up capital of ₹4.01 Cr. It was led by directors Pilar Fernandez Santos and Anay Nitin Kembhavi.
Its last annual general meeting (AGM) was held on 22 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Lane E Paradise # 202 A Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.78 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹10.12 Lakh (net margin -175.2%) and EBITDA of -₹7.89 Lakh (EBITDA margin -136.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 37% over five years.
Company details
Contact details
Magga Baba Designs Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLane E Paradise # 202 A Koregaon Park, Pune, Maharashtra, India – 411001
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Magga Baba Designs Private Limited, buy the company report.
- 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
Business activity
The main business activity of Magga Baba Designs is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Magga Baba Designs Private Limited, buy the company report.
Financials of Magga Baba Designs Private Limited
FY 2023 filings availableMagga Baba Designs Private Limited reported revenue of ₹5.78 Lakh (down 89% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 89% fall in the latest year. EBITDA fell 118% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹7.89 Lakh | ||||
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| Net Profit (PAT) | -₹10.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -136.5% | ||||
| Net Profit Margin | -175.2% | ||||
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To see the full financial statements and ratios of Magga Baba Designs Private Limited, buy the company report.
Board of directors of Magga Baba Designs Private Limited
Magga Baba Designs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pilar Fernandez Santos Also directs: Magga Baba Designs LLP | Director | 19 Jan 2011 | 15 Years 9 Months | As last reported |
| Anay Nitin Kembhavi Also directs: Magga Baba Designs LLP | Director | 31 Dec 2022 | 3 Years 10 Months | As last reported |
Auditor
Magga Baba Designs Private Limited is audited by A A M D & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A A M D & ASSOCIATES | FY 2016 | 127126W |
Shareholding
The shareholding of Magga Baba Designs Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magga Baba Designs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magga Baba Designs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magga Baba Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magga Baba Designs Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
No GST registration is on our record for Magga Baba Designs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magga Baba Designs Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Anay Nitin Kembhavi ceased to be Additional Director on 21 Aug 2023.
Frequently asked questions
Magga Baba Designs has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Magga Baba Designs was a private limited company based in Pune, Maharashtra, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 19 January 2011 and is registered under CIN U74900PN2011PTC138311. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Magga Baba Designs is U74900PN2011PTC138311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magga Baba Designs had 2 directors:
- Pilar Fernandez Santos - Director
- Anay Nitin Kembhavi - Director
Magga Baba Designs was incorporated on 19 January 2011. It is registered with the Registrar of Companies, Pune.
The registered office of Magga Baba Designs is at Lane E Paradise # 202 A Koregaon Park, Pune, Maharashtra, India – 411001.
The latest financial statements of Magga Baba Designs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 August 2023. Year-wise statements from 2015 are in the company report.
Magga Baba Designs operated in the consumer goods industry, in the watches and jewelry manufacturing segment.
Anay Nitin Kembhavi ceased to be Additional Director on 21 Aug 2023. Anay Nitin Kembhavi was appointed as Director on 31 Dec 2022. Ganesh Ram Natarajan ceased to be Director on 31 Dec 2022. Magga Baba Designs has 5 board changes on record in total.
The compliance status of Magga Baba Designs is compliant as of 11 September 2026.
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