Magnum Equity Broking Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1996.
1996 Mumbai, Maharashtra, India Active
Last Updated:
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About Magnum Equity Broking Limited

Magnum Equity Broking Limited, a active public limited company, was established on 22 October 1996 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U67120MH1996PLC103441. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹6.49 Cr.

It upholds a compliant status. Employing 33 professional, Its leadership includes Jiten Chheda Jadavji (Managing Director), Sanjay Bhavanji Vora (Whole-Time Director), Dhiraj Lakhamshi Shah (Whole-Time Director). Past directors included Khushbu Nirmal Mehta, Jiten Chheda Jadavji, Sanjay Bhavanji Vora. It holds ₹7.62 Cr open charges and no settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at D-30, Empire Mahal, 806, Dr. B. A. Road, Khodadad Circle, Dadar Tt,, Mumbai, Maharashtra, 400014.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U67120MH1996PLC103441

  • Registration Number

    103441

  • Incorporation Date

    22 October 1996

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹6.49 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.49 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.62 Cr
  • Revenue Growth **** -29.90%
  • Profit Growth **** -1094.34%
  • Ebitda **** -111.04%
  • Net Worth -69.92%
  • Total Assets -64.15%
Company report

Magnum Equity Broking Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magnum Equity Broking 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 Magnum Equity Broking Limited?
Current Directors
Name Designation Appointment Date Status
Jiten Chheda Jadavji Managing Director 01 Oct 2007 Current
Sanjay Bhavanji Vora Whole-Time Director 22 Oct 1996 Current
Dhiraj Lakhamshi Shah Whole-Time Director 01 Oct 2007 Current
Ramesh Dungarshi Dedhia Director 22 Oct 1996 Current
Vijay Bhavanji Shah Whole-Time Director 22 Oct 1996 Current
Girish Shamji Gala Whole-Time Director 22 Oct 1996 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Managing Director 06 Sep 2022 Past
Pramod Abcsdd Whole-Time Director 01 Apr 2022 Past
Pramod Abcsdd Managing Director 20 Mar 2019 Past
Pramod Abcsdd Director 10 Sep 2020 Past
Pramod Abcsdd Whole-Time Director 01 Apr 2022 Past

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Financial Performance of Magnum Equity Broking.

Magnum Equity Broking Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.9% decrease. The company also saw a substantial fall in profitability, with a 1094.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 69.92%.

Magnum Equity Broking revenue growth over time
Magnum Equity Broking 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
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 -29.90%
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Revenue from Operations
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 -35.26%
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*******
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Total Assets
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 -64.15%
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*******
*******
*******
Profit or Loss
*******
 -1094.34%
*******
*******
*******
*******
Net Worth
*******
 -69.92%
*******
*******
*******
*******
EBITDA
*******
 -111.04%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magnum Equity Broking?

In 2023, Magnum Equity Broking had a promoter holding of 32.29% and a public holding of 67.71%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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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Charges (Loans)
Open Charges

₹76,186,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 7.62 Cr
Latest Charge Details
Date Lender Amount Status
31 Dec 2024 Bank Of India ₹1.19 M Open
04 Jun 2022 Bank Of India ₹7.50 Cr Open

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How Many Employees Work at Magnum Equity Broking?

Magnum Equity Broking has a workforce of 33 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Magnum Equity Broking, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magnum Equity Broking's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Magnum Equity Broking
Recent Activity within the Organization
  • Charges

    The activity A charge with Bank Of India amounted to Rs. 0.12 Cr with Charge ID 101025813 was registered on 31 Dec 2024. was completed.

  • Annual General Meeting

    The activity Magnum Equity Broking Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Magnum Equity Broking Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Bank Of India amounted to Rs. 7.50 Cr with Charge ID 100594864 was registered on 04 Jun 2022. was documented.

  • Director Appointment

    Progress on Jiten Chheda Jadavji was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2007 & has been associated with this company since 18 years 4 months . was documented.

  • Director Appointment

    Progress on Dhiraj Lakhamshi Shah was appointed as a Whole-time director was appointed as a Whole-time director on 01 Oct 2007 & has been associated with this company since 18 years 4 months . was documented.

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Frequently Asked Questions
What is the CIN of Magnum Equity Broking Limited?

The CIN of Magnum Equity Broking Limited is U67120MH1996PLC103441.

Where is Magnum Equity Broking Limited headquartered?

Magnum Equity Broking Limited is headquartered at D-30, Empire Mahal, 806, Dr. B. A. Road, Khodadad Circle, Dadar Tt,, Mumbai, Maharashtra, 400014.

When was Magnum Equity Broking Limited incorporated?

Magnum Equity Broking Limited was incorporated on 22 October 1996.

Who are the current directors of Magnum Equity Broking Limited?

The current directors of Magnum Equity Broking Limited are

What is the primary industry of Magnum Equity Broking Limited?

The primary industry of Magnum Equity Broking Limited is Financial And Insurance Service.

Is Magnum Equity Broking Limited a listed company?

Magnum Equity Broking Limited is unlisted.

What is the capital structure of Magnum Equity Broking Limited?

The authorized capital of Magnum Equity Broking Limited is ₹7.00 Cr, and the paid-up capital is ₹6.49 Cr.

What is the compliance status of Magnum Equity Broking Limited?

The compliance status of Magnum Equity Broking Limited is Compliant.

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