About Magma Ventures Private Limited
Data last updated:
Magma Ventures Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65900WB2007PTC120480. Its GSTIN is 19AAFCM2987C2Z9 (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹68.25 Cr and a paid-up capital of ₹26.91 Cr. It was formerly known as Magma Consumer Finance Private Limited and Magma Consumer Finance Limited. It is led by directors including Sanjay Chamria (Whole-Time Director) and Harshvardhan Chamria (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2B Hastings Park, Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.91 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹43.8 Cr (net margin 46.6%) and EBITDA of ₹81.92 Cr (EBITDA margin 87.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹100 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹23 Cr; the latest was in March 2022. Its 7 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 4 smaller; the largest is Burmans Finvest Private Limited with revenue of ₹45.52 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magmaventures.com.
Company details
Name history
Magma Ventures has undergone 2 name changes throughout its history. The company was previously known as Magma Consumer Finance Private Limited, and Magma Consumer Finance Limited. The current legal name is Magma Ventures Private Limited.
| Company Name | Status |
|---|---|
| Magma Ventures Private Limited | Current |
| Magma Consumer Finance Private Limited | Previous |
| Magma Consumer Finance Limited | Previous |
CIN history
Magma Ventures has one previous CIN (Corporate Identification Number): U65900WB2007PLC120480. The current CIN is U65900WB2007PTC120480, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65900WB2007PTC120480 | Current |
| U65900WB2007PLC120480 | Previous |
Contact details
Magma Ventures Private Limited's registered office is in Kolkata, West Bengal. Its website is magmaventures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address2B Hastings Park Road, Alipore, Kolkata, West Bengal, India – 700027
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Magma 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 Magma Ventures 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 Magma Ventures Private Limited, buy the company report.
Financials of Magma Ventures Private Limited
FY 2025 filings availableMagma Ventures Private Limited reported revenue of ₹93.91 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 3% growth in the latest year. EBITDA rose 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹93.91 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹81.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.8 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.2% | ||||
| Net Profit Margin | 46.6% | ||||
| 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 Magma Ventures Private Limited, buy the company report.
Board of directors and KMP of Magma Ventures Private Limited
Magma Ventures Private Limited currently reports 5 directors and 2 key managerial personnel. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vanita Chamria | Director | 21 Nov 2007 | 18 Years 11 Months | Current |
| Sanjay Chamria Also directs: Belved Property LLP, Gagan Realdev Private Limited, Magma General Insurance Limited and 2 more | Whole-Time Director | 21 Nov 2007 | 18 Years 11 Months | Current |
| Kishor Shah Also directs: Shah Investment Consultants LLP, Texmaco Infrastructure & Holdings Limited, Nexome Capital Markets Limited and 3 more | Director | 14 Aug 2025 | 1 Years 2 Months | Current |
| Lalit Sikaria | Cfo | 22 Apr 2025 | 1 Years 6 Months | Current |
| Harshvardhan Chamria | Whole-Time Director | 31 May 2024 | 2 Years 5 Months | Current |
| Mamta Binani Also directs: VKC Restructuring Professionals LLP, Consultepreneurs LLP, Balrampur Chini Mills Ltd and 5 more | Director | 02 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Magma Ventures Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with 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 |
|---|---|---|---|---|---|---|
| Magma Ventures Private Limitedthis company | ₹93.91 Cr (FY 2025) | ₹43.8 Cr | 46.6% | 3.0% | Kolkata, West Bengal, India | |
| Burmans Finvest Private Limited | ₹45.52 Cr (FY 2023) | 9.0% | New Delhi, Delhi, India | |||
| Coppola Holdings Pvt Ltd | ₹45.34 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Mitrata Inclusive Financial Services Limited | ₹45.27 Cr (FY 2025) | -17.0% | New Delhi, Delhi, India | |||
| Velicham Finance Private Limited | ₹44.59 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Rsecured Finance & Capital Private Limited | ₹44.34 Cr (FY 2025) | 67.0% | Hyderabad, Telangana, India | |||
| Bhadani Financers Pvt. Ltd. | ₹44.19 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Gujarat Industrial Investment Corporation Limited | ₹44.1 Cr (FY 2019) | -62.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Magma Ventures Private Limited, buy the company report.
Auditor
Magma Ventures Private Limited is audited by Jainsarawgee & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jainsarawgee & Company | FY 2022 | 306087E |
Shareholding
The shareholding of Magma Ventures Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magma Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2024 | 101005639 | Others | ₹100 Cr | Open |
To see the full charge records of Magma Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Magma Ventures Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹23 Cr; the latest was in March 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Pragati Sales LLP |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: Magma Ventures, Pragati Sales LLP , Falgun Vincom Private Limited Seller: Poonawalla Fincorp Limited , Pace Properties Pvt Ltd , Indraloke Vanijya Private Limited |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Pragati Sales LLP Seller: Poonawalla Fincorp Limited |
| Mar 2010 | Funding round | ₹3 Cr | Investors: Pace Properties Pvt Ltd , Indraloke Vanijya Private Limited , Gravity Vintrade Private Limited |
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: Pragati Sales LLP Seller: Suyash Finovest Pvt Ltd |
To see the full deal history of Magma Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magma Ventures Private Limited has 2 court cases on record: 2 filed by Magma Ventures. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Magma 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 Magma Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magma Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCM2987C2Z9 | West Bengal | Active | 01 Nov 2019 |
To see the full GST registrations and return filing status of Magma Ventures Private Limited, buy the company report.
Recent activity
Magma Ventures Private Limited has 10 board changes on record since 2007: 8 appointments and 2 cessations. The latest: Esha Chakraborty was appointed as Company Secretary on 12 May 2026.
3 earlier events are in the company report.
Frequently asked questions
Magma Ventures is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 November 2007 (19+ years old) and is registered under CIN U65900WB2007PTC120480.
Magma Ventures has 7 current directors and KMP:
- Sanjay Chamria - Whole-Time Director
- Harshvardhan Chamria - Whole-Time Director
- Vanita Chamria - Director
- Kishor Shah - Director
- Mamta Binani - Director
- Lalit Sikaria - Cfo
- Esha Chakraborty - Company Secretary
The latest financial statements of Magma Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magma Ventures is 19AAFCM2987C2Z9, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magma Ventures is U65900WB2007PTC120480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magma Ventures has 2 court cases on record: 2 filed by the company.
Magma Ventures was incorporated on 21 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
Magma Ventures has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹23 Cr; the latest was in March 2022.
The peers of Magma Ventures by revenue are Burmans Finvest Private Limited, Coppola Holdings Pvt Ltd, Mitrata Inclusive Financial Services Limited, Velicham Finance Private Limited, Rsecured Finance & Capital Private Limited and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Esha Chakraborty was appointed as Company Secretary on 12 May 2026. Kishor Shah was appointed as Director on 14 Aug 2025. Lalit Sikaria was appointed as CFO on 22 Apr 2025. Magma Ventures has 10 board changes on record in total.
Magma Ventures can be reached through the website magmaventures.com. Its registered office is in Kolkata, West Bengal, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
