About Magnanimous Ventures Private Limited
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Magnanimous Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 19 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2011PTC213822. Its GSTIN is 27AAECC3464F1ZS (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.32 Lakh. It was formerly known as Cisq Advisory Services Private Limited. It is led by directors including Aakash Lalit Sheth and Pavitra Atit Gandhi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.55 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 1.9%) and EBITDA of ₹2.09 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 145% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹1.53 Cr on record. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹3.32 Cr; the latest was in March 2021. Its 10 peer companies in the Events and Entertainment industry (Events Management) are compared by revenue, 5 larger and 5 smaller; the largest is STCH Integrated Marketing Solution Private Limited with revenue of ₹77.29 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 magnanimous.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD2 Poddar Chamber, Harishchandra L Nagaonkar Marg Mathuradas Mill Comp Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryEvents and Entertainment, Event Planning & Management
- 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
Business Activity of Magnanimous Ventures Private Limited
The main business activity of Magnanimous Ventures is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Magnanimous Ventures Private Limited FY 2024 filings available
Magnanimous Ventures Private Limited reported revenue of ₹72.55 Cr (up 119% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Magnanimous Ventures Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 119% growth in the latest year. EBITDA fell 22% 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 Magnanimous Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.35 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 of Magnanimous Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Magnanimous Ventures 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.
Peer Comparison of Magnanimous Ventures Private Limited
Magnanimous Ventures Private Limited is compared with the companies closest to it by revenue in the Events and Entertainment industry (Events Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| STCH Integrated Marketing Solution Private Limited | ₹77.29 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Mantra Events and Promotions Private Limited | ₹76.69 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Stevia Realtors Private Limited | ₹75.27 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| FNP Weddings & Events India Private Limited | ₹74.64 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Delhi, India |
| WMS Entertainment Private Limited | ₹74.11 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
| Magnanimous Ventures Private Limited this company | ₹72.55 Cr (FY 2024) | •••• | •••• | 119.0% | •••• | Mumbai, Maharashtra, India |
| Praveg Communications Limited | ₹70.59 Cr (FY 2019) | •••• | •••• | 84.0% | •••• | Ahmedabad, Gujarat, India |
| Fairfest Media Ltd | ₹69.56 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Kolkata, West Bengal, India |
| Touchwood Entertainment Limited Listed | ₹69.24 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | New Delhi, Delhi, India |
| Messe Duesseldorf India Private Limited | ₹68.55 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | New Delhi, Delhi, India |
| Delve Serwiz Private Limited | ₹67.69 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Magnanimous Ventures by revenue in the Events and Entertainment industry (Events Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magnanimous Ventures Private Limited
Magnanimous Ventures Private Limited is audited by SARAWGI SHRIDHAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SARAWGI SHRIDHAR & 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 Magnanimous Ventures Private Limited
Magnanimous Ventures has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aakash Lalit Sheth | Director | 26 Jan 2015 | 11 Years 8 Months | Current |
| Kunal Avanti Shah | Additional Director | 26 Jan 2015 | 11 Years 8 Months | Current |
| Pavitra Atit Gandhi | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
Ownership and Shareholding of Magnanimous Ventures Private 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 Magnanimous Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2025 | Others | ₹1.53 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Magnanimous Ventures Private Limited
Magnanimous Ventures Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹3.32 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2020 | Rights issue | ₹86 Lakh | Investors: an individual |
| Jun 2020 | Funding round | ₹3.32 Cr | Investors: Paras Champaklal Mehta Huf, 3 individuals |
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: Paras Champaklal Mehta Huf, 3 individuals Seller: 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Full deal history
All 6 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.
Employees and EPFO Compliance at Magnanimous Ventures Private Limited
Employment history and EPFO contributions of people linked to Magnanimous Ventures.
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.
Recent Activity on Magnanimous Ventures Private Limited
Magnanimous Ventures Private Limited has 13 board changes on record since 2011: 8 appointments and 5 cessations. The latest: Pavitra Atit Gandhi was appointed as Director on 01 Nov 2022.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magnanimous Ventures Private 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 Magnanimous Ventures Private 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 Magnanimous Ventures Private 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 Magnanimous Ventures Private Limited
Magnanimous Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC3464F1ZS | Maharashtra | Active | 01 Jul 2017 |
| 07AAECC3464F1ZU | Delhi | Active | 18 Dec 2024 |
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 Magnanimous Ventures Private 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 Magnanimous Ventures Private Limited
Magnanimous Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 19 February 2011 (15+ years old) and is registered under CIN U93090MH2011PTC213822.
Magnanimous Ventures reported revenue of ₹72.55 Cr for FY 2024 (up 119% YoY).
Magnanimous Ventures has 3 current directors:
- Aakash Lalit Sheth - Director
- Kunal Avanti Shah - Additional Director
- Pavitra Atit Gandhi - Director
Magnanimous Ventures reported a net profit of ₹1.35 Cr (net margin 1.9%) and EBITDA of ₹2.09 Cr (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Magnanimous Ventures is 145% over three years and 41% over five years. In the latest year (FY 2024) revenue rose 119%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Magnanimous Ventures is 27AAECC3464F1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAECC3464F1ZU (Delhi).
The CIN (Corporate Identification Number) of Magnanimous Ventures is U93090MH2011PTC213822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnanimous Ventures was incorporated on 19 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Magnanimous Ventures has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹3.32 Cr; the latest was in March 2021.
The peers of Magnanimous Ventures by revenue are STCH Integrated Marketing Solution Private Limited, Mantra Events and Promotions Private Limited, Stevia Realtors Private Limited, FNP Weddings & Events India Private Limited, WMS Entertainment Private Limited and 5 more, all in the Events and Entertainment industry (Events Management).
Pavitra Atit Gandhi was appointed as Director on 01 Nov 2022. Mickhiel Aloysious Pinto ceased to be Director on 20 Feb 2018. Aakash Lalit Sheth was appointed as Director on 26 Jan 2015. Magnanimous Ventures has 13 board changes on record in total.