Magnum Equity Services Limited
About Magnum Equity Services Limited
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Magnum Equity Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 22 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH1995PLC088596. Its GSTIN is 27AAACM4483G1ZF (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.2 Cr. It is led by directors including Rajesh Tokershi Gala (Managing Director) and Sangita Gala Rajesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 103 Harganga Mahal Annexkhodadad Circle Dadar, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.52 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 43.3%) and EBITDA of ₹3.91 Cr (EBITDA margin 59.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 29% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Magnum Equity Services has one previous CIN (Corporate Identification Number): U67110MH1995PTC088596. The current CIN is U67110MH1995PLC088596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67110MH1995PLC088596 | Current |
| U67110MH1995PTC088596 | Previous |
Contact details
Magnum Equity Services Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address103 Harganga Mahal Annexkhodadad Circle Dadar, Mumbai, Maharashtra, India – 400014
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Magnum Equity Services 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
Business activity
The main business activity of Magnum Equity Services is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Magnum Equity Services Limited, buy the company report.
Financials of Magnum Equity Services Limited
FY 2025 filings availableMagnum Equity Services Limited reported revenue of ₹6.52 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 48% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.91 Cr | ||||
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| Net Profit (PAT) | ₹2.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.9% | ||||
| Net Profit Margin | 43.3% | ||||
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To see the full financial statements and ratios of Magnum Equity Services Limited, buy the company report.
Board of directors of Magnum Equity Services Limited
Magnum Equity Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahil Rajesh Gala | Director | 06 Feb 2021 | 5 Years 8 Months | Current |
| Sangita Gala Rajesh | Whole-Time Director | 14 Dec 1996 | 29 Years 10 Months | Current |
| Rajesh Tokershi Gala | Managing Director | 22 May 1995 | 31 Years 5 Months | Current |
Auditor
Magnum Equity Services Limited is audited by GOSAR & GOSAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOSAR & GOSAR | FY 2023 | 103332W |
Shareholding
The shareholding of Magnum Equity Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnum Equity Services Limited, buy the company report.
Legal cases
Magnum Equity Services Limited has 2 court cases on record: 1 filed by Magnum Equity Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1008-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals u/s 15 Z of Securities and Exchange Board of India Act, 1992.) | Filed against the company by an individual | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against The Dy. Commissioner of Income Tax Circle-42, | Disposed |
To see the full case history of Magnum Equity Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnum Equity Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnum Equity Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM4483G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnum Equity Services Limited, buy the company report.
Recent activity
Magnum Equity Services Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Ricken Rajesh Gala ceased to be Director on 15 Oct 2022.
Frequently asked questions
Magnum Equity Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 22 May 1995 (31+ years old) and is registered under CIN U67110MH1995PLC088596.
Magnum Equity Services has 3 current directors:
- Rajesh Tokershi Gala - Managing Director
- Sangita Gala Rajesh - Whole-Time Director
- Rahil Rajesh Gala - Director
The latest financial statements of Magnum Equity Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnum Equity Services is 27AAACM4483G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnum Equity Services is U67110MH1995PLC088596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnum Equity Services has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Magnum Equity Services was incorporated on 22 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Ricken Rajesh Gala ceased to be Director on 15 Oct 2022. Rahil Rajesh Gala was appointed as Director on 06 Feb 2021. Dinesh Hansraj Gala ceased to be Managing Director on 29 Sep 2011. Magnum Equity Services has 7 board changes on record in total.
The registered office of Magnum Equity Services is at 103 Harganga Mahal Annexkhodadad Circle Dadar, Mumbai, Maharashtra, India – 400014.
Magnum Equity Services operates in the financial services industry, in the brokerage and trading services segment.