About Magnate Builders Private Limited
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Magnate Builders Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate financing segment of the financial services sector. It was incorporated on 02 January 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45102MH1995PTC084207.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nayan Arvind Shah and Anuradha Nayan Shah.
Its last annual general meeting (AGM) was held on 26 April 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1 Mayfair Meridian Near St. Blaise Church Caesar Road Andheri (West), Mumbai, Maharashtra, India – 400058.
As per MCA filings, the company has satisfied charges of ₹124.61 Cr on record.
The last known website on record is mayfairhousing.com.
Company details
Contact details
Magnate Builders Private Limited's registered office is in Mumbai, Maharashtra. Its website is mayfairhousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Mayfair Meridian Near St. Blaise Church Caesar Road Andheri (West), Mumbai, Maharashtra, India – 400058
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Magnate Builders 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 Magnate Builders is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Magnate Builders Private Limited, buy the company report.
Financials of Magnate Builders Private Limited
FY 2023 filings availableMagnate Builders Private Limited reported revenue of ₹7,000 (down 54% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 54% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Magnate Builders Private Limited, buy the company report.
Board of directors of Magnate Builders Private Limited
Magnate Builders has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nayan Arvind Shah | Director | 26 Apr 2023 | 3 Years 5 Months | As last reported |
| Anuradha Nayan Shah | Director | 26 Apr 2023 | 3 Years 5 Months | As last reported |
Auditor
Magnate Builders Private Limited is audited by N D DUMASIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D DUMASIA & CO | FY 2019 | 121317W |
Shareholding
The shareholding of Magnate Builders Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Magnate Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2020 | 100392024 | Others | ₹3.11 Cr | Satisfied | |
| 04 Feb 2019 | 100241232 | Others | ₹20 Cr | Satisfied | |
| 10 Aug 2018 | 100204710 | Others | ₹16 Cr | Satisfied | |
| 16 Apr 2016 | 100023508 | Others | ₹5 Cr | Satisfied | |
| 07 Nov 2014 | 10533427 | Kotak Mahindra Investments Limited | ₹20 Cr | Satisfied |
To see the full charge records of Magnate Builders Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Magnate Builders Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnate Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magnate Builders Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnate Builders Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Anuradha Nayan Shah was appointed as Director on 26 Apr 2023.
23 earlier events are in the company report.
Frequently asked questions
Magnate Builders has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Magnate Builders was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 02 January 1995 and is registered under CIN U45102MH1995PTC084207. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Magnate Builders is U45102MH1995PTC084207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnate Builders had 2 directors:
- Nayan Arvind Shah - Director
- Anuradha Nayan Shah - Director
Magnate Builders was incorporated on 02 January 1995. It is registered with the Registrar of Companies, Mumbai.
Magnate Builders can be reached through the website mayfairhousing.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Magnate Builders is at 1 Mayfair Meridian Near St. Blaise Church Caesar Road Andheri West, Mumbai, Maharashtra, India – 400058.
The latest financial statements of Magnate Builders on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 April 2023. Year-wise statements from 2015 are in the company report.
Magnate Builders operated in the financial services industry, in the real estate financing segment.
Anuradha Nayan Shah was appointed as Director on 26 Apr 2023. Nayan Arvind Shah was appointed as Director on 26 Apr 2023. Anjali Rajesh Raul ceased to be Director on 05 Apr 2021. Magnate Builders has 8 board changes on record in total.