Magnify Commerce Private Limited
About Magnify Commerce Private Limited
Data last updated:
Magnify Commerce Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the business services sector. It was incorporated on 18 May 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2009PTC192439.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Prakash Gaurishankar Joshi and Amrullah Chaudhary.
Its last annual general meeting (AGM) was held on 20 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office was at 102 Atul Apts. Vazira – Naka L.T.Road Borivali (West), Mumbai, Maharashtra, India – 400092.
Company details
Contact details
Magnify Commerce Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address102 Atul Apts. Vazira – Naka L.T.Road Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryBusiness Services, Wholesale, Live Animal, Contractual Work, Commission Agents Dealing In Agricultural Raw Material
- 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
Financials of Magnify Commerce Private Limited
FY 2011 filings availableFinancial Statement Summary
| Metrics | FY 2010-11 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Magnify Commerce Private Limited, buy the company report.
Board of directors of Magnify Commerce Private Limited
Magnify Commerce 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 |
|---|---|---|---|---|
| Prakash Gaurishankar Joshi Also directs: S.D.L.Steel Private Limited, Saga Impex Private Limited | Director | 18 Dec 2013 | 12 Years 10 Months | As last reported |
| Amrullah Chaudhary | Director | 16 Oct 2011 | 15 Years 0 Months | As last reported |
Legal cases
No court or tribunal cases involving Magnify Commerce 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 Magnify Commerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnify Commerce Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnify Commerce Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Prakash Gaurishankar Joshi was appointed as Director on 18 Dec 2013.
Frequently asked questions
Magnify Commerce has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Magnify Commerce was a private limited company based in Mumbai, Maharashtra, India. The company worked in wholesale, within the business services industry. It was incorporated on 18 May 2009 and is registered under CIN U51101MH2009PTC192439. The company has been struck off by the Registrar of Companies and is no longer operational.
Magnify Commerce had 2 directors:
- Prakash Gaurishankar Joshi - Director
- Amrullah Chaudhary - Director
The CIN (Corporate Identification Number) of Magnify Commerce is U51101MH2009PTC192439. 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 Magnify Commerce is at 102 Atul Apts. Vazira – Naka L.T.Road Borivali West, Mumbai, Maharashtra, India – 400092.
Magnify Commerce was incorporated on 18 May 2009. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Magnify Commerce on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 20 September 2011. Year-wise statements from 2015 are in the company report.
Magnify Commerce operated in the business services industry, in the wholesale segment. It worked in this industry before it was struck off.
Prakash Gaurishankar Joshi was appointed as Director on 18 Dec 2013. Rajendra Prasad Bansilal Chichani ceased to be Director on 18 Dec 2013. Jamir Ahmed Irdu Khan ceased to be Director on 19 Oct 2011. Magnify Commerce has 5 board changes on record in total.
Magnify Commerce can be reached at its registered office: 102 Atul Apts. Vazira – Naka L.T.Road Borivali West, Mumbai, Maharashtra, India – 400092.