Magnificient Merchandise And Advisory Services Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2016.
2016 Mumbai, Maharashtra, India Active
Last Updated:
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About Magnificient Merchandise And Advisory Services Private Limited

Magnificient Merchandise And Advisory Services Private Limited, a active private limited company, was established on 15 November 2016 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the trade sector, it holds CIN: U74999MH2016PTC287653. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Magnificient Advisory Services Private Limited. It upholds a compliant status. Its leadership includes Anurag Kumar Agarwal (Director), Deepak Yeshwant Bhat (Director), Ajay Yashwant Joshi (Director). Past directors included Sriram Kavassery Subbaram Narayanaswamy, Anurag Kumar Agarwal, Ajay Yashwant Joshi. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Jindal Mansion, 5A, Dr. G. Deshmukh Marg, Mumbai, Maharashtra, 400026.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U74999MH2016PTC287653

  • Registration Number

    287653

  • Incorporation Date

    15 November 2016

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -17.65%
  • Profit Growth **** 95.92%
  • Ebitda **** 569.86%
  • Net Worth -0.73%
  • Total Assets -69.57%
Company report

Magnificient Merchandise And Advisory Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnificient Merchandise And Advisory Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Magnificient Merchandise And Advisory Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Anurag Kumar Agarwal Director 31 Mar 2023 Current
Deepak Yeshwant Bhat Director 15 Nov 2016 Current
Ajay Yashwant Joshi Director 15 Dec 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2023 Past
Pramod Abcsdd Additional Director 27 Sep 2023 Past
Pramod Abcsdd Additional Director 25 Sep 2017 Past

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Financial Performance of Magnificient Merchandise And Advisory Services.

Magnificient Merchandise And Advisory Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.65% decrease. The company also saw a substantial improvement in profitability, with a 95.92% increase in profit. The company's net worth dipped by a decrease of 0.73%.

Magnificient Merchandise And Advisory Services revenue growth over time
Magnificient Merchandise And Advisory Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -17.65%
*******
*******
*******
*******
Revenue from Operations
*******
 2.76%
*******
*******
*******
*******
Total Assets
*******
 -69.57%
*******
*******
*******
*******
Profit or Loss
*******
 95.92%
*******
*******
*******
*******
Net Worth
*******
 -0.73%
*******
*******
*******
*******
EBITDA
*******
 569.86%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnificient Merchandise And Advisory Services?

Unlock access to Magnificient Merchandise And Advisory Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Magnificient Merchandise And Advisory Services?

Unlock and access historical data on people associated with Magnificient Merchandise And Advisory Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Magnificient Merchandise And Advisory Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Magnificient Merchandise And Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Magnificient Merchandise And Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Anurag Kumar Agarwal was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 2 years 11 months . was completed.

  • Director Appointment

    The activity Ajay Yashwant Joshi was appointed as a Director was appointed as a Director on 15 Dec 2016 & has been associated with this company since 9 years 2 months . was completed.

  • Director Appointment

    Progress on Deepak Yeshwant Bhat was appointed as a Director was appointed as a Director on 15 Nov 2016 & has been associated with this company since 9 years 3 months . was documented.

  • Company Incorporation

    The activity Magnificient Merchandise And Advisory Services Private Limited was registered on 15 Nov 2016 with Roc Mumbai & aged 9 years 3 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Magnificient Merchandise And Advisory Services Private Limited?

The CIN of Magnificient Merchandise And Advisory Services Private Limited is U74999MH2016PTC287653.

Where is Magnificient Merchandise And Advisory Services Private Limited headquartered?

Magnificient Merchandise And Advisory Services Private Limited is headquartered at Jindal Mansion, 5A, Dr. G. Deshmukh Marg, Mumbai, Maharashtra, 400026.

When was Magnificient Merchandise And Advisory Services Private Limited incorporated?

Magnificient Merchandise And Advisory Services Private Limited was incorporated on 15 November 2016.

Who are the current directors of Magnificient Merchandise And Advisory Services Private Limited?

The current directors of Magnificient Merchandise And Advisory Services Private Limited are

What is the primary industry of Magnificient Merchandise And Advisory Services Private Limited?

The primary industry of Magnificient Merchandise And Advisory Services Private Limited is Trade.

Is Magnificient Merchandise And Advisory Services Private Limited a listed company?

Magnificient Merchandise And Advisory Services Private Limited is unlisted.

What is the capital structure of Magnificient Merchandise And Advisory Services Private Limited?

The authorized capital of Magnificient Merchandise And Advisory Services Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Magnificient Merchandise And Advisory Services Private Limited?

The compliance status of Magnificient Merchandise And Advisory Services Private Limited is Compliant.

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