- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-19-0006751

About Magnum Estates Limited
Data last updated:
Magnum Estates Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 10 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74102OR1993PLC003346. Its GSTIN is 21AABCM8066G1ZN (Odisha).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.69 Cr. It was formerly known as Magnum Estates Private Limited. It is led by directors including Prem Sanker Satpathy (Managing Director) and Basudev Ojha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 132A Sectior – A Zone Amencheswar Industrial Eastate, Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.49 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹7.51 Lakh (net margin 0.1%) and EBITDA of ₹3.17 Cr (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42.94 Cr and satisfied charges of ₹107.99 Cr on record. Court records list 25 cases involving the company, including 19 filed by the company and 6 filed against it; 8 cases are pending. The company has 31 deals on record (20 secondary share transfers, 11 funding rounds), with disclosed funding of ₹7.93 Cr; the latest was in March 2021. Its 4 peer companies in the Agriculture industry (Fishing Industry), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is S.S.Sea Food Private Limited with revenue of ₹101.72 Cr.
Magnum Estates Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0006751). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnum-india.com.
Company details
Name history
Magnum Estates has undergone 2 name changes throughout its history. The company was previously known as Magnum Estates Private Limited, and Magnum Estates Limited. The current legal name is Magnum Estates Limited.
| Company Name | Status |
|---|---|
| Magnum Estates Limited | Current |
| Magnum Estates Private Limited | Previous |
CIN history
Magnum Estates has one previous CIN (Corporate Identification Number): U74102OR1993PTC003346. The current CIN is U74102OR1993PLC003346, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74102OR1993PLC003346 | Current |
| U74102OR1993PTC003346 | Previous |
Recognitions & Rankings of Magnum Estates
Contact details
Magnum Estates Limited's registered office is in Bhubaneswar, Odisha. Its website is magnum-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address132A Sectior – A Zone Amencheswar Industrial Eastate, Bhubaneswar, Odisha, India – 751010
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Magnum Estates 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 Estates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Magnum Estates Limited, buy the company report.
Financials of Magnum Estates Limited
FY 2024 filings availableMagnum Estates Limited reported revenue of ₹99.49 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 10% fall in the latest year. EBITDA rose 24% 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 | ₹3.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.51 Lakh | ||||
| Balance Sheet | |||||
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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 | 3.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Magnum Estates Limited, buy the company report.
Board of directors of Magnum Estates Limited
Magnum Estates has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basudev Ojha Also directs: Magnum Sea Foods Limited | Director | 20 May 2024 | 2 Years 5 Months | Current |
| Prem Sanker Satpathy Also directs: Magnum Sea Foods Limited, Magnum Dream Homes Private Limited, Maqnum Polytech Private Limited and 1 more | Managing Director | 16 Mar 2021 | 5 Years 7 Months | Current |
| Geetarani Padhi Also directs: Mahanadi Aqua Fresh LLP, Magnum Sizzles Private Limited, Magnum Sea Foods Limited and 5 more | Director | 16 Sep 2004 | 22 Years 1 Months | Current |
| Ramesh Mahapatra Also directs: Mahanadi Aqua Fresh LLP, Magnum Sizzles Private Limited, Magnum Sea Foods Limited and 5 more | Director | 10 Jun 1993 | 33 Years 4 Months | Current |
| Lokanath Sethi Also directs: Oceanova Exports Private Limited | Director | 02 Dec 2021 | 4 Years 11 Months | Current |
| Biswadev Dash Also directs: Magnum Sea Foods Limited | Director | 20 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Magnum Estates Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Fishing Industry), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.S.Sea Food Private Limited | ₹101.72 Cr (FY 2024) | -49.0% | Kolkata, West Bengal, India | |||
| Pramadha Marine Exports Limited | ₹100.32 Cr (FY 2025) | 22.0% | Bhimavaram, Andhra Pradesh, India | |||
| Magnum Estates Limitedthis company | ₹99.49 Cr (FY 2025) | ₹7.51 Lakh | 0.1% | -10.0% | 92 | Bhubaneswar, Odisha, India |
| Pramadha Frozen Foods Private Limited | ₹96.58 Cr (FY 2025) | 2.0% | Bhimavaram, Andhra Pradesh, India | |||
| Goldmarine Exports Private Limited | ₹95.53 Cr (FY 2025) | 34.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Magnum Estates Limited, buy the company report.
Auditor
Magnum Estates Limited is audited by M Ganesh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M Ganesh & Co. | FY 2023 | 0315074E |
Shareholding
The shareholding of Magnum Estates Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnum Estates Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2025 | 101189254 | Canara Bank | ₹14 Lakh | Open | |
| 18 Jun 2025 | 101120873 | Bank of India | ₹7 Cr | Open | |
| 27 Mar 2025 | 101075241 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 17 Feb 2025 | 101059008 | Sidbi | ₹60 Lakh | Open | |
| 20 May 2024 | 100945778 | Bank of India | ₹35 Cr | Open |
To see the full charge records of Magnum Estates Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Magnum Estates Limited has 31 deals on record (20 secondary share transfers, 11 funding rounds), with disclosed funding of ₹7.93 Cr; the latest was in March 2021.
Deals on record (5 of 31)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Magnum Sea Foods Limited Seller: Warner Multimedia Limited , Prime Capital Market Limited , JMD Sounds Ltd |
| Dec 2017 | Funding round | ₹2.6 Cr | Investors: Magnum Dream Homes Private Limited , 3 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Magnum Sea Foods Limited Seller: an individual |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Magnum Sea Foods Limited Seller: an individual |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: Magnum Sea Foods Limited Seller: an individual |
To see the full deal history of Magnum Estates Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magnum Estates Limited has 25 court cases on record: 19 filed by Magnum Estates, 6 filed against it. 8 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 3 | 2 |
| District courts | 8 | 3 | 5 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Cuttack | Insolvency matter | Filed by the company against BMR Industries Private Limited | Pending |
| District court, Khurda, Orissa | Civil suit | Filed against the company by Maharaja Sea Foods India (P) Ltd | Disposed |
| High Court of Orissa | Writ petition | Filed against the company by an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| High Court, ORISSA | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Magnum Estates 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.
Credit ratings & regulatory alerts
Magnum Estates Limited was last rated by Care on 27 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Sep 2021 |
To see the full credit ratings and regulatory alerts of Magnum Estates Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnum Estates Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Magnum Estates has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Magnum Estates Limited has a workforce of 92 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Magnum Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCM8066G1ZN | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnum Estates Limited, buy the company report.
Recent activity
Magnum Estates Limited has 17 board changes on record since 1993: 8 appointments and 9 cessations. The latest: Sarita Mahapatra was appointed as Director on 29 Sep 2025.
30 earlier events are in the company report.
News
Frequently asked questions
Magnum Estates is an active public limited company based in Bhubaneswar, Odisha, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 10 June 1993 (33+ years old) and is registered under CIN U74102OR1993PLC003346.
Magnum Estates has 8 current directors:
- Prem Sanker Satpathy - Managing Director
- Basudev Ojha - Director
- Geetarani Padhi - Director
- Ramesh Mahapatra - Director
- Lokanath Sethi - Director
- Biswadev Dash - Director
- Sarita Mahapatra - Director
- Samidha Mahapatra - Director
The latest financial statements of Magnum Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnum Estates is 21AABCM8066G1ZN, registered in Odisha.
The CIN (Corporate Identification Number) of Magnum Estates is U74102OR1993PLC003346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnum Estates has 25 court cases on record: 19 filed by the company and 6 filed against it. 8 are pending. Most are in the high courts.
Magnum Estates was incorporated on 10 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Cuttack.
Magnum Estates has 31 deals on record (20 secondary share transfers, 11 funding rounds), with disclosed funding of ₹7.93 Cr; the latest was in March 2021.
The peers of Magnum Estates by revenue are S.S.Sea Food Private Limited, Pramadha Marine Exports Limited, Pramadha Frozen Foods Private Limited, Goldmarine Exports Private Limited, all in the Agriculture industry (Fishing Industry), with the same principal business activity (wholesale trading).
Sarita Mahapatra was appointed as Director on 29 Sep 2025. Basudev Ojha ceased to be Additional Director on 29 Sep 2024. Biswadev Dash ceased to be Additional Director on 29 Sep 2024. Magnum Estates has 17 board changes on record in total.
Yes, Magnum Estates is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-19-0006751).

