
Magnificent Design Private Limited
About Magnificent Design Private Limited
Data last updated:
Magnificent Design Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 August 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2019PTC329714.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vimal Kumar Goenka and Shitanshu Bipin Vora.
Its last annual general meeting (AGM) was held on 25 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Tex Centre Premises Society Gala 202 H Wing 26/A Opp Chandivali Rd Sakinaka, Mumbai, Maharashtra, India – 400072.
Company details
Contact details
Magnificent Design Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressTex Centre Premises Society Gala 202 H Wing 26/A Opp Chandivali Rd Sakinaka, Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Magnificent Design 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
Financials of Magnificent Design Private Limited
FY 2021 filings availableFinancial Statement Summary
| Metrics | 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 | ||
| 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| 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 Design Private Limited, buy the company report.
Board of directors of Magnificent Design Private Limited
Magnificent Design has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Kumar Goenka Also directs: Fancy Fab Spinning & Weaving Mill LLP, Ashwell Textiles Private Limited, Shreeja Devcon Private Limited and 1 more | Director | 23 Aug 2019 | 7 Years 2 Months | As last reported |
| Shitanshu Bipin Vora Also directs: Fancy Fab Spinning & Weaving Mill LLP, Ashwell Textiles Private Limited, Shreeja Devcon Private Limited and 2 more | Director | 23 Aug 2019 | 7 Years 2 Months | As last reported |
Auditor
Magnificent Design Private Limited is audited by KULDEEP VERMA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KULDEEP VERMA & CO | FY 2021 | 326842E |
Legal cases
No court or tribunal cases involving Magnificent Design 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 Magnificent Design 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 Magnificent Design Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnificent Design Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Shitanshu Bipin Vora was appointed as Director on 23 Aug 2019.
Frequently asked questions
Magnificent Design has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Magnificent Design was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 23 August 2019 and is registered under CIN U17299MH2019PTC329714. The company has been struck off by the Registrar of Companies and is no longer operational.
Magnificent Design had 2 directors:
- Vimal Kumar Goenka - Director
- Shitanshu Bipin Vora - Director
The CIN (Corporate Identification Number) of Magnificent Design is U17299MH2019PTC329714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magnificent Design is at Tex Centre Premises Society Gala 202 H Wing 26A Opp Chandivali Rd Sakinaka, Mumbai, Maharashtra, India – 400072.
Magnificent Design was incorporated on 23 August 2019. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Magnificent Design on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 October 2021. Year-wise statements from FY 2020 are in the company report.
Magnificent Design operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
Shitanshu Bipin Vora was appointed as Director on 23 Aug 2019. Vimal Kumar Goenka was appointed as Director on 23 Aug 2019.
Magnificent Design can be reached at its registered office: Tex Centre Premises Society Gala 202 H Wing 26A Opp Chandivali Rd Sakinaka, Mumbai, Maharashtra, India – 400072.