
About Magna Communications Private Limited
Data last updated:
Magna Communications Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 26 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC308632. Its GSTIN is 27AALCM8020G1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mamta Suresh Lulla and Nirmala Suresh Lulla.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at A – 1 Fairlink Center Premises Co – Op Soc Off Link Road Opp. Citi Mall, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.8 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹2.32 Lakh (net margin -48.4%) and EBITDA of -₹2.32 Lakh (EBITDA margin -48.4%).
Court records list 3 cases involving the company, including 3 filed against it.
For more details, the company can be reached via its website magnavision.in.
Company details
Contact details
Magna Communications Private Limited's registered office is in Mumbai, Maharashtra. Its website is magnavision.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 1 Fairlink Center Premises Co – Op Soc Off Link Road Opp. Citi Mall, Mumbai, Maharashtra, India – 400053
- IndustryEvents and Entertainment, Event Planning & Management
To see the full contact details of Magna Communications 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 Magna Communications is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Magna Communications Private Limited, buy the company report.
Financials of Magna Communications Private Limited
FY 2021 filings availableMagna Communications Private Limited reported revenue of ₹4.8 Lakh (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year. EBITDA fell 163% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| 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 | -₹2.32 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.32 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -48.4% | ||
| Net Profit Margin | -48.4% | ||
| 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 | |||
To see the full financial statements and ratios of Magna Communications Private Limited, buy the company report.
Board of directors of Magna Communications Private Limited
Magna Communications has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mamta Suresh Lulla | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
| Nirmala Suresh Lulla | Director | 26 Apr 2018 | 8 Years 6 Months | Current |
Legal cases
Magna Communications Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company | Disposed |
To see the full case history of Magna Communications Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magna Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magna Communications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM8020G1ZF | Maharashtra | Active | 21 May 2018 |
To see the full GST registrations and return filing status of Magna Communications Private Limited, buy the company report.
Recent activity
Magna Communications Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mamta Suresh Lulla was appointed as Director on 26 Apr 2018.
Frequently asked questions
Magna Communications is an active private limited company based in Mumbai, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 26 April 2018 (8+ years old) and is registered under CIN U74999MH2018PTC308632.
Magna Communications has 2 current directors:
- Mamta Suresh Lulla - Director
- Nirmala Suresh Lulla - Director
The latest financial statements of Magna Communications on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Magna Communications is 27AALCM8020G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magna Communications is U74999MH2018PTC308632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magna Communications has 3 court cases on record: 3 filed against it.
Magna Communications was incorporated on 26 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Mamta Suresh Lulla was appointed as Director on 26 Apr 2018. Nirmala Suresh Lulla was appointed as Director on 26 Apr 2018.
Magna Communications can be reached through the website magnavision.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Magna Communications is at A – 1 Fairlink Center Premises Co – Op Soc Off Link Road Opp. Citi Mall, Mumbai, Maharashtra, India – 400053.