About Magnum Kuries Private Limited
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Magnum Kuries Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 14 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2015PTC155005.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pritish Tulsidas Phadtare and Sameer Sagar Bhosale.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at H No. 1872 A Ward Rankala Road, Kolhapur, Maharashtra, India – 416012.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.5 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹21,800 (net margin 1.3%) and EBITDA of ₹1.05 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnumkuries.com.
Company details
Contact details
Magnum Kuries Private Limited's registered office is in Kolhapur, Maharashtra. Its website is magnumkuries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH No. 1872 A Ward Rankala Road, Kolhapur, Maharashtra, India – 416012
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Magnum Kuries 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 Magnum Kuries is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Magnum Kuries Private Limited, buy the company report.
Financials of Magnum Kuries Private Limited
FY 2020 filings availableMagnum Kuries Private Limited reported revenue of ₹16.5 Lakh (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA rose 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹1.05 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹21,800 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.4% | |||
| Net Profit Margin | 1.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Magnum Kuries Private Limited, buy the company report.
Board of directors of Magnum Kuries Private Limited
Magnum Kuries 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 |
|---|---|---|---|---|
| Pritish Tulsidas Phadtare | Director | 15 Dec 2017 | 8 Years 10 Months | Current |
| Sameer Sagar Bhosale | Director | 14 May 2015 | 11 Years 5 Months | Current |
Auditor
Magnum Kuries Private Limited is audited by P V PATADIYA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V PATADIYA & CO | FY 2016 | 123429W |
Shareholding
The shareholding of Magnum Kuries 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 Magnum Kuries Private Limited, buy the company report.
Legal cases
Magnum Kuries Private Limited has 15 court cases on record: 13 filed by Magnum Kuries, 2 filed against it. 6 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 2 | 6 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Magnum Kuries 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 Magnum Kuries 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 Magnum Kuries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnum Kuries Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Pritish Tulsidas Phadtare ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Magnum Kuries is an active private limited company based in Kolhapur, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 14 May 2015 (11+ years old) and is registered under CIN U65992PN2015PTC155005.
Magnum Kuries has 2 current directors:
- Pritish Tulsidas Phadtare - Director
- Sameer Sagar Bhosale - Director
The latest financial statements of Magnum Kuries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Magnum Kuries is U65992PN2015PTC155005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnum Kuries has 15 court cases on record: 13 filed by the company and 2 filed against it. 6 are pending.
Magnum Kuries was incorporated on 14 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Pritish Tulsidas Phadtare ceased to be Additional Director on 29 Sep 2018. Abhijeet Ratnakant Bhosale ceased to be Director on 15 Dec 2017. Pritish Tulsidas Phadtare was appointed as Director on 15 Dec 2017. Magnum Kuries has 5 board changes on record in total.
Magnum Kuries can be reached through the website magnumkuries.com. Its registered office is in Kolhapur, Maharashtra, India.
The registered office of Magnum Kuries is at H No. 1872 A Ward Rankala Road, Kolhapur, Maharashtra, India – 416012.
Magnum Kuries operates in the financial services industry, in the microfinance institutions segment.
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