Magnum Foundations Private Limited - Company Profile

It is a real estate and construction private limited company based in Chennai, Tamil Nadu, India, established in 1998.

1998 Chennai, Tamil Nadu, India Active

Last Updated: February 24, 2026

About Magnum Foundations Private Limited

Magnum Foundations Private Limited, a active private limited company, was established on 18 February 1998 in Chennai, Tamil Nadu, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45201TN1998PTC039924. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Vel Properties Private Limited. It upholds a compliant status. Its leadership includes Balasubramaniam Mahalingam (Director), N V Ravi (Director). Past directors included Balasubramaniam Mahalingam, Thottiam Srinivasan Santhana Krishnan, Naresh Manohar Nadkarni. It holds no open charges and ₹50.00 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Rajarajeswari Towers, No.29 & 30, Dr. Radhakrishnan Salai, Mylapore,, Chennai, Tamil Nadu, 600004.

Company Details

CIN/LLPIN
U45201TN1998PTC039924
Registration Number
039924
Incorporation Date
18 February 1998
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 24-02-2026
Paid Up Capital ₹ 1.00 Cr as on 24-02-2026
Company Age 28 Year, 11 Days
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 50.00 Cr as on 24-02-2026
Revenue Growth **** % (FY 2022)
Profit Growth **** -158.23% (FY 2022)
Ebitda **** 100.00% (FY 2022)
Net Worth -0.59% (FY 2022)
Total Assets **** 4.27% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Magnum Foundations Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Magnum Foundations Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Balasubramaniam Mahalingam	Director	04 Feb 2021	Current
N V Ravi	Director	19 Feb 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Nov 2021	Past
Pramod Abcsdd	Director	26 Feb 2021	Past
Pramod Abcsdd	Director	26 Feb 2021	Past
Pramod Abcsdd	Additional Director	29 Nov 2021	Past
Pramod Abcsdd	Director	08 Jan 2020	Past
Pramod Abcsdd	Director	26 Feb 2021	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Magnum Foundations.

Magnum Foundations Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 158.23% decrease in profit. The company's net worth dipped by a decrease of 0.59%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

*******

Revenue from Operations

*******

Total Assets

*******

4.27%

*******

Profit or Loss

*******

-158.23%

*******

Net Worth

*******

-0.59%

*******

EBITDA

*******

100.00%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Magnum Foundations?

In 2022, Magnum Foundations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹500,000,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 50.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Feb 2021	Idbi Trusteeship Services Limited	₹50.00 Cr	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Magnum Foundations?

Unlock and access historical data on people associated with Magnum Foundations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Magnum Foundations, 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 Foundations's trajectory.

Rating

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

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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Magnum Foundations

Recent Activity within the Organization

Annual General Meeting

Progress on Magnum Foundations Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.
27 Sep 2024
Balance Sheet

Progress on Magnum Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.
31 Mar 2024
Charges

A charge registered on 23 Feb 2021 via Charge ID 100447185 with Idbi Trusteeship Services Limited was fully satisfied on 23 Mar 2022. was recorded as a recent event.
23 Mar 2022
Charges

A charge with Idbi Trusteeship Services Limited amounted to Rs. 50.00 Cr with Charge ID 100447185 was registered on 23 Feb 2021. was recorded as a recent event.
23 Feb 2021
Director Appointment

Progress on N V Ravi was appointed as a Director was appointed as a Director on 19 Feb 2021 & has been associated with this company since 5 years 10 days . was documented.
19 Feb 2021
Director Appointment

The activity Balasubramaniam Mahalingam was appointed as a Director was appointed as a Director on 04 Feb 2021 & has been associated with this company since 5 years 25 days . was completed.
04 Feb 2021

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions

What is the CIN of Magnum Foundations Private Limited?

The CIN of Magnum Foundations Private Limited is U45201TN1998PTC039924.

Where is Magnum Foundations Private Limited headquartered?

Magnum Foundations Private Limited is headquartered at Rajarajeswari Towers, No.29 & 30, Dr. Radhakrishnan Salai, Mylapore,, Chennai, Tamil Nadu, 600004.

When was Magnum Foundations Private Limited incorporated?

Magnum Foundations Private Limited was incorporated on 18 February 1998.

Who are the current directors of Magnum Foundations Private Limited?

The current directors of Magnum Foundations Private Limited are

What is the primary industry of Magnum Foundations Private Limited?

The primary industry of Magnum Foundations Private Limited is Construction.

Is Magnum Foundations Private Limited a listed company?

Magnum Foundations Private Limited is unlisted.

What is the capital structure of Magnum Foundations Private Limited?

The authorized capital of Magnum Foundations Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Magnum Foundations Private Limited?

The compliance status of Magnum Foundations Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available