About Magnum Finmart Private Limited
Data last updated: 23 February 2026
Magnum Finmart Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Magnum Equity Broking Limited. It specialises in financial product distributors, a part of the broader financial services sector. Incorporated on 08 May 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN U67120MH1996PTC099361.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. Formerly known as Magnum Wealth Management Private Limited. It is led by directors including Jiten Chheda Jadavji and Sanjay Bhavanji Vora.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: D 30 Empire Mahal Khodadadcircle 806 Dr B A Rd Dadar Tt, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.69 Lakh, a growth of 56% compared to the previous year.
It operates as a subsidiary of Magnum Equity Broking Limited.
As per MCA filings, the company has satisfied charges of ₹7.25 Cr on record.
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.co.in.
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Registered AddressD 30 Empire Mahal Khodadadcircle 806 Dr B A Rd Dadar Tt, Mumbai, Maharashtra, India – 400014
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IndustryFinancial Services, Financial Product Distributors
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Magnum Finmart Private Limited
Magnum Finmart Private Limited is engaged in the principal business activity of financial and insurance activities, with detailed activities including activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details for Magnum Finmart Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Magnum Finmart Private Limited
Magnum Finmart Private Limited is audited by KIRAN KHIMSHIYA AND CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRAN KHIMSHIYA AND CO | Locked | Locked | Locked |
Complete auditor history for Magnum Finmart Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Magnum Finmart Private Limited
Magnum Finmart Private Limited is governed by 4 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Jiten Chheda Jadavji
Also directs:
Magnum Broking Llp, Total Sporting & Fitness Solutions Private Limited, Magnum Fincom Broking Private Limited and 3 more
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Director | 08 May 1996 | 30 Years 2 Months | Current |
| Sanjay Bhavanji Vora | Director | 08 May 1996 | 30 Years 2 Months | Current |
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Dhiraj Lakhamshi Shah
Also directs:
Magnum Broking Llp, Magnum Fincom Broking Private Limited, Magnum Equity Broking Limited and 5 more
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Director | 08 May 1996 | 30 Years 2 Months | Current |
| Ramesh Dungarshi Dedhia | Director | 08 May 1996 | 30 Years 2 Months | Current |
Financials of Magnum Finmart Private Limited FY 2025 filings available
Magnum Finmart Private Limited reported revenue of ₹62.69 Lakh (up 56.00% YoY) for FY 2025.
Ten-year financial statements for Magnum Finmart Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Magnum Finmart Private Limited
Shareholding and ownership data for Magnum Finmart Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Magnum Finmart Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2008 | Kotak Mahindra Bank Limited | ₹7.25 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Magnum Finmart Private Limited
View historical data on people associated with Magnum Finmart Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Magnum Finmart Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Magnum Finmart Private Limited
GST registrations and filing compliance for Magnum Finmart Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Magnum Finmart Private Limited
Credit ratings, litigation, and regulatory alerts for Magnum Finmart Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Magnum Finmart Private Limited
MSME payment history for Magnum Finmart Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Magnum Finmart Private Limited
Corporate group structure for Magnum Finmart Private Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Magnum Finmart Private Limited
MCA filings and documents for Magnum Finmart Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Magnum Finmart Private Limited
Frequently Asked Questions about Magnum Finmart Private Limited
Magnum Finmart Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 08 May 1996 (30+ years old) and is registered under CIN U67120MH1996PTC099361.
Magnum Finmart Private Limited reported revenue of ₹62.69 Lakh for FY 2025 (up 56.00% YoY).
The current directors of Magnum Finmart Private Limited are:
- Jiten Chheda Jadavji - Director
- Sanjay Bhavanji Vora - Director
- Dhiraj Lakhamshi Shah - Director
- Ramesh Dungarshi Dedhia - Director
The primary industry of Magnum Finmart Private Limited is financial services. The company specifically operates in financial product distributors. The company is currently active in this sector.
Magnum Finmart Private Limited can be reached at the registered office: D 30 Empire Mahal Khodadadcircle 806 Dr B A Rd Dadar Tt, Mumbai, Maharashtra, India – 400014, or through the website magnum.co.in.
The authorised capital is ₹50 Lakh, and the paid-up capital is ₹50 Lakh.