Magnanimous Pharmaceuticals Private Limited
About Magnanimous Pharmaceuticals Private Limited
Data last updated:
Magnanimous Pharmaceuticals Private Limited was a private limited company based in Chandigarh, India, operated as a subsidiary of Pivotal Laboratories Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT services segment of the services sector. It was incorporated on 17 July 2000.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24117CH2000PTC023840. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹5.83 Lakh. It was led by directors Pankaj Jaswal and Virender Kumar Dhawan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at SCO – 815 Top Floor Cabin No. – 9 Shivalik Enclave Nac Manimajra, Chandigarh, India – 160101.
As per the financials filed for FY 2022, the company reported a revenue of ₹16,019, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹2,498 (net margin -15.6%) and EBITDA of ₹4,069 (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Magnanimous Pharmaceuticals has one previous CIN (Corporate Identification Number): U72900CH2000PTC023840. The current CIN is U24117CH2000PTC023840, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24117CH2000PTC023840 | Current |
| U72900CH2000PTC023840 | Previous |
Contact details
Magnanimous Pharmaceuticals Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO – 815 Top Floor Cabin No. – 9 Shivalik Enclave Nac Manimajra, Chandigarh, India – 160101
- IndustryService, Information Technology Services
To see the full contact details of Magnanimous Pharmaceuticals 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 Magnanimous Pharmaceuticals is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Magnanimous Pharmaceuticals Private Limited
FY 2022 filings availableMagnanimous Pharmaceuticals Private Limited reported revenue of ₹16,019 (down 30% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 100% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹4,069 | ||||
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| Net Profit (PAT) | -₹2,498 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.4% | ||||
| Net Profit Margin | -15.6% | ||||
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To see the full financial statements and ratios of Magnanimous Pharmaceuticals Private Limited, buy the company report.
Board of directors of Magnanimous Pharmaceuticals Private Limited
Magnanimous Pharmaceuticals has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Jaswal Also directs: Candid Labs Private Limited | Director | 24 Jun 2021 | 5 Years 4 Months | As last reported |
| Virender Kumar Dhawan | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
Auditor
Magnanimous Pharmaceuticals Private Limited is audited by HARJEET PARVESH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARJEET PARVESH & CO | FY 2017 | 017437N |
Shareholding
The shareholding of Magnanimous Pharmaceuticals 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 Magnanimous Pharmaceuticals Private Limited, buy the company report.
Legal cases
Magnanimous Pharmaceuticals Private Limited has 2 court cases on record: 2 filed by Magnanimous Pharmaceuticals. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Magnanimous Pharmaceuticals 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 Magnanimous Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnanimous Pharmaceuticals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magnanimous Pharmaceuticals Private Limited, buy the company report.
Recent activity
Magnanimous Pharmaceuticals Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Pankaj Jaswal ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Magnanimous Pharmaceuticals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Magnanimous Pharmaceuticals was a private limited company based in Chandigarh, India. The company worked in information technology services, within the service industry. It was incorporated on 17 July 2000 and is registered under CIN U24117CH2000PTC023840. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Magnanimous Pharmaceuticals was incorporated on 17 July 2000. It is registered with the Registrar of Companies, Chandigarh.
Magnanimous Pharmaceuticals had 2 directors:
- Pankaj Jaswal - Director
- Virender Kumar Dhawan - Director
The CIN (Corporate Identification Number) of Magnanimous Pharmaceuticals is U24117CH2000PTC023840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magnanimous Pharmaceuticals is at SCO – 815 Top Floor Cabin No. – 9 Shivalik Enclave Nac Manimajra, Chandigarh, India – 160101.
The latest financial statements of Magnanimous Pharmaceuticals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Magnanimous Pharmaceuticals has 1 GST registration on record and it is cancelled or inactive.
Magnanimous Pharmaceuticals operated in the service industry, in the information technology services segment.
Magnanimous Pharmaceuticals has 2 court cases on record: 2 filed by the company.