Magnificient Tradecom Private Limited
About Magnificient Tradecom Private Limited
Data last updated:
Magnificient Tradecom Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 14 May 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC135077.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.97 Lakh. It was led by directors Rakesh Kumar Jain and Gautam Kumar Jain.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 167/4 Lenin Sarani, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.39 Lakh. For the same year it recorded a net loss of ₹249 (net margin -0.2%) and EBITDA of ₹3,201 (EBITDA margin 2.3%).
Company details
Contact details
Magnificient Tradecom Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address167/4 Lenin Sarani, Kolkata, West Bengal, India – 700072
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Magnificient Tradecom 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 Magnificient Tradecom Private Limited
FY 2020 filings availableMagnificient Tradecom Private Limited reported revenue of ₹1.39 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.39 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3,201 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹249 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.3% | ||
| Net Profit Margin | -0.2% | ||
| 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 Magnificient Tradecom Private Limited, buy the company report.
Board of directors of Magnificient Tradecom Private Limited
Magnificient Tradecom has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Jain Also directs: Fulgent Dealcomm Private Limited | Director | 18 Nov 2009 | 16 Years 11 Months | As last reported |
| Gautam Kumar Jain Also directs: Sky High Minerals Private Limited, Schematic Sales Private Limited, Mahacol Tie-Up Pvt.Ltd. and 3 more | Director | 18 Nov 2009 | 16 Years 11 Months | As last reported |
Auditor
Magnificient Tradecom Private Limited is audited by D K DE SARKAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K DE SARKAR & CO | FY 2017 | 313142E |
Shareholding
The shareholding of Magnificient Tradecom Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magnificient Tradecom Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magnificient Tradecom 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 Magnificient Tradecom Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Magnificient Tradecom has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Magnificient Tradecom Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnificient Tradecom Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Abhijit Dutta ceased to be Director on 06 May 2010.
Frequently asked questions
Magnificient Tradecom has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Magnificient Tradecom was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 14 May 2009 and is registered under CIN U51909WB2009PTC135077. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Magnificient Tradecom was incorporated on 14 May 2009. It is registered with the Registrar of Companies, Kolkata.
Magnificient Tradecom had 2 directors:
- Rakesh Kumar Jain - Director
- Gautam Kumar Jain - Director
The CIN (Corporate Identification Number) of Magnificient Tradecom is U51909WB2009PTC135077. 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 Magnificient Tradecom is at 1674 Lenin Sarani, Kolkata, West Bengal, India – 700072.
The latest financial statements of Magnificient Tradecom on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
Magnificient Tradecom operated in the trading industry, in the other wholesale segment.
Abhijit Dutta ceased to be Director on 06 May 2010. Bichitra Das ceased to be Director on 06 May 2010. Gautam Kumar Jain was appointed as Director on 18 Nov 2009. Magnificient Tradecom has 4 board changes on record in total.
The compliance status of Magnificient Tradecom is compliant as of 10 July 2026.
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