Maagh Corporate Services Private Limited
About Maagh Corporate Services Private Limited
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Maagh Corporate Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2013PTC242656. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amit Kumar and Himanshu Verma.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No 57 Kesar Residency Chsl Sector – 3 Charkop Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2019, the company reported a revenue of ₹54.09 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹60,311 (net margin 1.1%) and EBITDA of ₹82,092 (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maagh Corporate Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 57 Kesar Residency Chsl Sector – 3 Charkop Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Maagh Corporate Services 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
Financials of Maagh Corporate Services Private Limited
FY 2021 filings availableMaagh Corporate Services Private Limited reported revenue of ₹54.09 Lakh (down 70% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over three years, including a 70% fall in the latest year. EBITDA fell 97% 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 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹54.09 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹82,092 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60,311 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Maagh Corporate Services Private Limited, buy the company report.
Board of directors of Maagh Corporate Services Private Limited
Maagh Corporate Services has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Verma | Additional Director | 18 Jan 2021 | 5 Years 9 Months | Current |
| Amit Kumar Also directs: Wsat India Private Limited, Surgyan Infratech Private Limited, Nafrin Multitrade Private Limited and 1 more | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Maagh Corporate Services Private Limited is audited by N H VYAS & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N H VYAS & COMPANY | FY 2019 | 132204W |
Shareholding
The shareholding of Maagh Corporate Services Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maagh Corporate Services Private Limited, buy the company report.
Legal cases
Maagh Corporate Services Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Appeal | Filed against the company by M/S Oriental Buildmart Exports Pvt. Ltd. | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company by Oriental Buildmart Exports Pvt Ltd | Disposed |
To see the full case history of Maagh Corporate Services 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 Maagh Corporate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maagh Corporate Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maagh Corporate Services Private Limited, buy the company report.
Recent activity
Maagh Corporate Services Private Limited has 14 board changes on record since 2013: 2 appointments and 12 cessations. The latest: Deepak Bhaguram Pawar ceased to be Additional Director on 26 May 2022.
5 earlier events are in the company report.
Frequently asked questions
Maagh Corporate Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 April 2013 (13+ years old) and is registered under CIN U74990MH2013PTC242656.
Maagh Corporate Services has 2 current directors:
- Himanshu Verma - Additional Director
- Amit Kumar - Director
The latest financial statements of Maagh Corporate Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Maagh Corporate Services has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Maagh Corporate Services is U74990MH2013PTC242656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maagh Corporate Services has 2 court cases on record: 2 filed against it. 1 is pending.
Maagh Corporate Services was incorporated on 30 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Bhaguram Pawar ceased to be Additional Director on 26 May 2022. Sanat Vijay Jadhav ceased to be Additional Director on 26 May 2022. Himanshu Verma was appointed as Additional Director on 18 Jan 2021. Maagh Corporate Services has 14 board changes on record in total.
The registered office of Maagh Corporate Services is at Shop No 57 Kesar Residency Chsl Sector – 3 Charkop Kandivali West, Mumbai, Maharashtra, India – 400067.
Maagh Corporate Services operates in the travel and hospitality industry, in the consumer professional services segment.