It is a real estate and construction private limited company based in Chennai, Tamil Nadu, India, established in 1998.
1998 | Chennai, Tamil Nadu, India | ActiveMagnum 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.
U45201TN1998PTC039924
039924
18 February 1998
₹1.00 Cr
₹1.00 Cr
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balasubramaniam Mahalingam | Director | 04 Feb 2021 | Current |
| N V Ravi | Director | 19 Feb 2021 | Current |
| 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 |
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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%.
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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.
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₹0
₹500,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2021 | Idbi Trusteeship Services Limited | ₹50.00 Cr | Satisfied |
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The activity Magnum Foundations Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was completed.
Magnum Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.
Progress on A charge registered on 23 Feb 2021 via Charge ID 100447185 with Idbi Trusteeship Services Limited was fully satisfied on 23 Mar 2022. was documented.
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.
The activity N V Ravi was appointed as a Director was appointed as a Director on 19 Feb 2021 & has been associated with this company since 4 years 9 months . was completed.
Progress on Balasubramaniam Mahalingam was appointed as a Director was appointed as a Director on 04 Feb 2021 & has been associated with this company since 4 years 9 months . was documented.
The CIN of Magnum Foundations Private Limited is U45201TN1998PTC039924.
Magnum Foundations Private Limited is headquartered at Rajarajeswari Towers, No.29 & 30, Dr. Radhakrishnan Salai, Mylapore,, Chennai, Tamil Nadu, 600004.
Magnum Foundations Private Limited was incorporated on 18 February 1998.
The current directors of Magnum Foundations Private Limited are
The primary industry of Magnum Foundations Private Limited is Construction.
Magnum Foundations Private Limited is unlisted.
The authorized capital of Magnum Foundations Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.
The compliance status of Magnum Foundations Private Limited is Compliant.
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