Magellan Ventures Private Limited
About Magellan Ventures Private Limited
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Magellan Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the media and content distribution segment of the media and publishing sector. It was incorporated on 08 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22300MH2017PTC292226. Its GSTIN is 27AAPCA2905E1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Idl Ventures Private Limited and Ashu Dutt Media Private Limited. It is led by directors Ashu Dutt and Anilkumar Hemraj Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 205 Peninsula Plaza Near Kailash Plaza Plot No. A/16 Andheri – West, Mumbai, Maharashtra, India – 400061.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.54 Lakh (net margin -6.9%) and EBITDA of -₹7.55 Lakh (EBITDA margin -5.4%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 59% over five years.
Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Magellan Ventures has undergone 6 name changes throughout its history. The current legal name is Magellan Ventures Private Limited.
| Company Name | Status |
|---|---|
| Magellan Ventures Private Limited | Current |
| Idl Ventures Private Limited | Previous |
| Ashu Dutt Media Private Limited | Previous |
| Innovation & Design Lab Ventures Private Limited | Previous |
| Innovation & Design Labs Private Limited | Previous |
| Innovation And Design Labs Private Limited | Previous |
| Ashu Dutt Private Limited | Previous |
Contact details
Magellan Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address205 Peninsula Plaza Near Kailash Plaza Plot No. A/16 Andheri – West, Mumbai, Maharashtra, India – 400061
- IndustryMedia and Publishing, Media & Content Distribution
To see the full contact details of Magellan Ventures 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 Magellan Ventures is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 59 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Magellan Ventures Private Limited, buy the company report.
Financials of Magellan Ventures Private Limited
FY 2024 filings availableMagellan Ventures Private Limited reported revenue of ₹1.39 Cr (up 2508% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years. EBITDA rose 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹7.55 Lakh | ||||
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| Net Profit (PAT) | -₹9.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -5.4% | ||||
| Net Profit Margin | -6.9% | ||||
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To see the full financial statements and ratios of Magellan Ventures Private Limited, buy the company report.
Board of directors of Magellan Ventures Private Limited
Magellan Ventures 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 |
|---|---|---|---|---|
| Ashu Dutt Also directs: Wildcatter Ventures Private Limited, A Dutt Securities Private Limited, Ashu Dutt Financial Private Limited and 5 more | Director | 26 Oct 2022 | 4 Years 0 Months | Current |
| Anilkumar Hemraj Garg Also directs: Blackbeard Ventures Private Limited, Northbridge Capital Limited, Executive Recruiters Private Limited and 1 more | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
Legal cases
Magellan Ventures Private Limited has 11 court cases on record: 8 filed by Magellan Ventures, 3 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 4 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed by the company against Inspros Engineering Ltd | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Inspros Engineering Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (REVIEW PETITION) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against individuals | Pending |
To see the full case history of Magellan Ventures 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 Magellan Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magellan Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA2905E1ZT | Maharashtra | Active | 18 Jun 2019 |
To see the full GST registrations and return filing status of Magellan Ventures Private Limited, buy the company report.
Recent activity
Magellan Ventures Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Hussain Gulam ceased to be Director on 28 Oct 2022.
Frequently asked questions
Magellan Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in media and content distribution, within the media and publishing industry. It was incorporated on 08 March 2017 (9+ years old) and is registered under CIN U22300MH2017PTC292226.
Magellan Ventures has 2 current directors:
- Ashu Dutt - Director
- Anilkumar Hemraj Garg - Director
The latest financial statements of Magellan Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Magellan Ventures is 27AAPCA2905E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magellan Ventures is U22300MH2017PTC292226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magellan Ventures has 11 court cases on record: 8 filed by the company and 3 filed against it. 6 are pending. Most are in the district courts.
Magellan Ventures was incorporated on 08 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Hussain Gulam ceased to be Director on 28 Oct 2022. Ashu Dutt was appointed as Director on 26 Oct 2022. Anilkumar Hemraj Garg ceased to be Additional Director on 30 Sep 2019. Magellan Ventures has 5 board changes on record in total.
The registered office of Magellan Ventures is at 205 Peninsula Plaza Near Kailash Plaza Plot No. A16 Andheri – West, Mumbai, Maharashtra, India – 400061.
Magellan Ventures operates in the media and publishing industry, in the media and content distribution segment.