About E Commerce Magnum Solution Limited
Data last updated:
E Commerce Magnum Solution Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Radius Infra Holdings Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 October 1999.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1999PLC122294. Its GSTIN is 27AAACE6532E2ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It was formerly known as E Commerce Solutions (India) Limited and E Commerce Solutions (India) Private Limited. It is led by directors including Rajesh Yashwantrao Bagal and Ayyagari Viswanadha Sarma (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.65 Lakh, a growth of 146% compared to the previous year. For the same year it recorded a net loss of ₹95.51 Lakh and EBITDA of -₹84.38 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
As per MCA filings, the company has open charges of ₹800 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in September 2018.
The last known website on record is radiusdevelopers.com.
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- Registered AddressOne BKC A Wing 1401 Plot No. C – 66 G Block Bandra Kurla Complex Bandra (E, Ast), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of E Commerce Magnum Solution Limited FY 2023 filings available
E Commerce Magnum Solution Limited reported revenue of ₹10.65 Lakh (up 146% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of E Commerce Magnum Solution Limited
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 146% growth in the latest year. EBITDA fell 85% 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 of E Commerce Magnum Solution Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹10.65 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹84.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹95.51 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 of E Commerce Magnum Solution Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of E Commerce Magnum Solution are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of E Commerce Magnum Solution Limited
E Commerce Magnum Solution Limited is audited by A.D.Sheth & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.D.Sheth & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of E Commerce Magnum Solution Limited
E Commerce Magnum Solution has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Yashwantrao Bagal Also directs: Sita Power Limited, Yantti Buildcon Private Limited, Citywood Builders Private Limited and 5 more | Director | 01 Apr 2023 | 3 Years 6 Months | As last reported |
| Ayyagari Viswanadha Sarma Also directs: Kernex Microsystems (India)Limited........ | Irp/Rp/Liquidator | 31 Jul 2024 | 2 Years 2 Months | As last reported |
| Sanjay Rajkumar Chhabria | Director | 27 Sep 2018 | 8 Years 0 Months | As last reported |
| Anil Nandlal Chhabria Also directs: Neuzen Realtors LLP, Heramb Dwellings Private Limited, Wizard Infracon Private Limited and 5 more | Director | 27 Sep 2018 | 8 Years 0 Months | As last reported |
Ownership and Shareholding of E Commerce Magnum Solution Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of E Commerce Magnum Solution Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2018 | Idbi Trusteeship Services Limited | ₹480 Cr | Open |
| 30 Nov 2018 | Idbi Trusteeship Services Limited | ₹320 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of E Commerce Magnum Solution Limited
E Commerce Magnum Solution Limited has 1 deal on record (1 acquisition); the latest was in September 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Acquisition | ₹48.46 Cr | Buyer: Hubtown Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of E Commerce Magnum Solution Limited
E Commerce Magnum Solution Limited has 8 court cases on record: 3 filed by E Commerce Magnum Solution, 3 filed against it, 2 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Yes Bank Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Yes Bank Limited | Disposed |
| Bombay High Court | Commercial suit | Filed by the company against Yes Bank Limited | Disposed |
| Bombay High Court | Writ petition | Company is another party | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR. Commissioner of Income Tax, Central - 3 | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at E Commerce Magnum Solution Limited
Employment history and EPFO contributions of people linked to E Commerce Magnum Solution.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of E Commerce Magnum Solution Limited
E Commerce Magnum Solution has undergone 2 name changes throughout its history. The company was previously known as E Commerce Solutions (India) Limited, and E Commerce Solutions (India) Private Limited. The current legal name is E Commerce Magnum Solution Limited.
| Company Name | Status |
|---|---|
| E Commerce Magnum Solution Limited | Current |
| E Commerce Solutions (India) Limited | Previous |
| E Commerce Solutions (India) Private Limited | Previous |
CIN History of E Commerce Magnum Solution Limited
E Commerce Magnum Solution has one previous CIN (Corporate Identification Number): U72900MH1999PLC122294. The current CIN is U70100MH1999PLC122294, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH1999PLC122294 | Current |
| U72900MH1999PLC122294 | Previous |
Recent Activity on E Commerce Magnum Solution Limited
Credit Ratings, Litigation & Regulatory Alerts for E Commerce Magnum Solution Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by E Commerce Magnum Solution Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of E Commerce Magnum Solution Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of E Commerce Magnum Solution Limited
E Commerce Magnum Solution has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE6532E2ZW | Maharashtra | Active | 24 Oct 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of E Commerce Magnum Solution Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about E Commerce Magnum Solution Limited
E Commerce Magnum Solution is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
E Commerce Magnum Solution is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 October 1999 and is registered under CIN U70100MH1999PLC122294. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
E Commerce Magnum Solution reported revenue of ₹10.65 Lakh for FY 2023 (up 146% YoY).
E Commerce Magnum Solution has 4 current directors:
- Rajesh Yashwantrao Bagal - Director
- Sanjay Rajkumar Chhabria - Director
- Anil Nandlal Chhabria - Director
- Ayyagari Viswanadha Sarma - Irp/Rp/Liquidator
E Commerce Magnum Solution reported a net loss of ₹95.51 Lakh and EBITDA of -₹84.38 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of E Commerce Magnum Solution is 42% over three years. In the latest year (FY 2023) revenue rose 146%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of E Commerce Magnum Solution is U70100MH1999PLC122294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
E Commerce Magnum Solution has open charges of ₹800 Cr and no satisfied charges on record as per latest MCA filings.
E Commerce Magnum Solution has 8 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.