Magnum Trust Limited
About Magnum Trust Limited
Data last updated:
Magnum Trust Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 18 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L74140PB1989PLC009787. It is a listed company as per MCA records.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Mukesh (Managing Director) and Anitha Mahesh.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Shop No.4 Second Floor Indra Market Opp. Panna Singh Pakore Wala Gill Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2016, the company reported a revenue of ₹28.32 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Lakh (net margin 6.1%) and EBITDA of ₹3.03 Lakh (EBITDA margin 10.7%).
Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Magnum Trust has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140PB1989PLC009787, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140PB1989PLC009787 | Current |
| U74140PB1989PLC009787 | Previous |
| L74140PB1989PTC009787 | Previous |
Contact details
Magnum Trust Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.4 Second Floor Indra Market Opp. Panna Singh Pakore Wala Gill Road, Ludhiana, Punjab, India – 141003
- IndustryFinancial Services, Financial Activities
To see the full contact details of Magnum Trust 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 Trust is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Magnum Trust Limited, buy the company report.
Financials of Magnum Trust Limited
FY 2016 filings availableMagnum Trust Limited reported revenue of ₹28.32 Lakh (down 9% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA fell 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹28.32 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.72 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.7% | |
| Net Profit Margin | 6.1% | |
| 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 Magnum Trust Limited, buy the company report.
Board of directors of Magnum Trust Limited
Magnum Trust has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anitha Mahesh Also directs: Qpro Infotech Limited | Director | 10 Oct 2011 | 15 Years 0 Months | Current |
| Mukesh Also directs: Time Plus Securities & Services Ltd, Exel Capital Services Limited | Managing Director | 10 Oct 2011 | 15 Years 0 Months | Current |
| Bhagyashree Also directs: Time Plus Securities & Services Ltd, Exel Capital Services Limited | Director | 12 Oct 2013 | 13 Years 0 Months | Current |
| Devendra Kumar Mehta Also directs: Time Plus Securities & Services Ltd | Director | 12 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Magnum Trust Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lalima Finvest Private Limted | ₹28.4 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Koottungal Nidhi Limited | ₹28.4 Lakh (FY 2025) | -2.0% | Chavakkad, Kerala, India | |||
| Alieson Autodeal Private Limited | ₹28.37 Lakh (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Panamkunnil Chits Private Limited | ₹28.37 Lakh (FY 2024) | -11.0% | Kottarakara, Kerala, India | |||
| Kodada Chit Funds Private Limited | ₹28.35 Lakh (FY 2024) | -31.0% | Kodad, Telangana, India | |||
| Magnum Trust Limitedthis company | ₹28.32 Lakh (FY 2016) | ₹1.72 Lakh | 6.1% | -9.0% | Ludhiana, Punjab, India | |
| Vyapari Vyavasai Kuries Private Limited | ₹28.32 Lakh (FY 2025) | 18.0% | Thrissur, Kerala, India | |||
| Cochin Wellwisher Nidhi Limited | ₹28.3 Lakh (FY 2025) | 11.0% | Ernakulam, Kerala, India | |||
| Kandla Finance Limited | ₹28.3 Lakh (FY 2024) | 993.0% | Gandhidham, Gujarat, India | |||
| Anniversary Investments & Agencies Ltd | ₹28.3 Lakh (FY 2025) | -52.0% | Kolkata, West Bengal, India | |||
| Balbir Holdings Private Limited | ₹28.3 Lakh (FY 2019) | 25.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Magnum Trust Limited, buy the company report.
Auditor
Magnum Trust Limited is audited by MANISH MITESH & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH MITESH & ASSOCIATES | FY 2016 | 014791S |
Shareholding
The shareholding of Magnum Trust Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magnum Trust Limited, buy the company report.
Legal cases
Magnum Trust Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (SUCC) | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Magnum Trust 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 Trust 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 Trust Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnum Trust Limited has 13 board changes on record since 1992: 8 appointments and 5 cessations. The latest: Devendra Kumar Mehta ceased to be Director on 30 Mar 2017.
4 earlier events are in the company report.
Frequently asked questions
Magnum Trust is an active public limited company based in Ludhiana, Punjab, India. The company works in financial activities, within the financial services industry. It was incorporated on 18 October 1989 (37+ years old) and is registered under CIN L74140PB1989PLC009787.
Magnum Trust has 4 current directors:
- Mukesh - Managing Director
- Anitha Mahesh - Director
- Bhagyashree - Director
- Devendra Kumar Mehta - Director
The latest financial statements of Magnum Trust on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Magnum Trust is L74140PB1989PLC009787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Magnum Trust is a listed company as per MCA records.
Magnum Trust has 4 court cases on record: 4 filed against it. 1 is pending.
Magnum Trust was incorporated on 18 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Magnum Trust by revenue are Lalima Finvest Private Limted, Koottungal Nidhi Limited, Alieson Autodeal Private Limited, Panamkunnil Chits Private Limited, Kodada Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Devendra Kumar Mehta ceased to be Director on 30 Mar 2017. Aarefa Kutub Kapasi ceased to be Company Secretary on 30 May 2015. Aarefa Kutub Kapasi was appointed as Company Secretary on 01 Dec 2014. Magnum Trust has 13 board changes on record in total.
The registered office of Magnum Trust is at Shop No.4 Second Floor Indra Market Opp. Panna Singh Pakore Wala Gill Road, Ludhiana, Punjab, India – 141003.
Magnum Trust operates in the financial services industry, in the financial activities segment.
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