Magnificent Consultants Pvt Ltd

Magnificent Consultants Pvt Ltd - business outsourcing in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U74140MP1991PTC006727 Incorporated 29 October 1991 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company business outsourcing
Revenue · FY 2023
₹1,380
Latest filing
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.15 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
Last AGM
28 Sep 2024
Annual general meeting

About Magnificent Consultants Pvt Ltd

Data last updated:

Magnificent Consultants Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Arth Rural Connect Services Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 October 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP1991PTC006727.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raju and Khyam Bahadur.

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016.

As per MCA filings, the company has open charges of ₹10.15 Cr on record.

Company details

CIN U74140MP1991PTC006727
Registration Number 006727
Incorporation Date 29 October 1991
ROC Gwalior
Listing Status Unlisted
Company Status Active
Parent Company Arth Rural Connect Services Private Limited

Contact details

Magnificent Consultants Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Magnificent Consultants Pvt Ltd, buy the company report.

Comprehensive company report
Magnificent Consultants Pvt Ltd - one report that includes everything
  • 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
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Financials of Magnificent Consultants Pvt Ltd

FY 2024 filings available

Magnificent Consultants Pvt Ltd reported revenue of ₹1,380 for FY 2023.

Revenue · FY 2023
₹1,380

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1,380
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Magnificent Consultants Pvt Ltd, buy the company report.

Board of directors of Magnificent Consultants Pvt Ltd

Magnificent Consultants has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
RajuDirector19 Mar 20224 Years 7 MonthsCurrent
Khyam BahadurDirector20 Mar 20233 Years 7 MonthsCurrent

Auditor

Magnificent Consultants Pvt Ltd is audited by MOHANDAS & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MOHANDAS & COFY 2023031256

Shareholding

The shareholding of Magnificent Consultants Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Magnificent Consultants Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹10.15 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹6.50 Cr
Indian Bank₹3.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Aug 2024100963024Indian Bank₹3.65 CrOpen
23 Dec 2023100862674Axis Bank Limited₹3.5 CrOpen
21 May 2022100575496Axis Bank Limited₹3 CrOpen

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Magnificent Consultants Pvt Ltd; 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 Magnificent Consultants Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Magnificent Consultants Pvt Ltd has 16 board changes on record since 2008: 2 appointments and 14 cessations. The latest: Khyam Bahadur ceased to be Additional Director on 29 Sep 2023.

AGM
Magnificent Consultants Pvt Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 365.00 Lakh with Charge ID 100963024 was registered on 05 Aug 2024.
Filing
Magnificent Consultants Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Axis Bank Limited amounted to Rs. 350.00 Lakh with Charge ID 100862674 was registered on 23 Dec 2023.
Ceased
Khyam Bahadur ceased to be Additional Director.
Ceased
Raju ceased to be Additional Director.
Appointed
Khyam Bahadur was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 299.50 Lakh with Charge ID 100575496 was registered on 21 May 2022.
Ceased
Rupendra Sadashiv Patwardhan ceased to be Director.
Ceased
Santosh Shankar Shirke ceased to be Director.
Ceased
Subramaniam Rajagopal ceased to be Director.
Appointed
Raju was appointed as Director.

10 earlier events are in the company report.

Frequently asked questions

Magnificent Consultants is an active private limited company based in Indore, Madhya Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 October 1991 (35+ years old) and is registered under CIN U74140MP1991PTC006727.

Magnificent Consultants has 2 current directors:

The latest financial statements of Magnificent Consultants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Magnificent Consultants is U74140MP1991PTC006727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Magnificent Consultants was incorporated on 29 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Gwalior.

Khyam Bahadur ceased to be Additional Director on 29 Sep 2023. Raju ceased to be Additional Director on 29 Sep 2023. Khyam Bahadur was appointed as Director on 20 Mar 2023. Magnificent Consultants has 16 board changes on record in total.

The registered office of Magnificent Consultants is at 135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016.

Magnificent Consultants operates in the business outsourcing industry, in the business and IT consulting segment.

Magnificent Consultants has open charges of ₹10.15 Cr and no satisfied charges on record as per latest MCA filings.

Magnificent Consultants can be reached at its registered office: 135 – Gram Devguradiya Devguradia, Indore, Madhya Pradesh, India – 452016.