Magnum Limited
About Magnum Limited
Data last updated:
Magnum Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74140GJ1992PLC016891. It is recorded as listed by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.35 Cr. It is led by directors Santosh Kumar Awasthi and Appavoo Chitra.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 502 Kiran Appartment New Times Of India Press Road Vejalpur, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2014, the company reported a revenue of ₹10.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹46,083 (net margin 4.4%) and EBITDA of -₹9.7 Lakh (EBITDA margin -92.5%).
Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Magnum Companies. As per MCA filings, the company has satisfied charges of ₹18.1 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it. The company has 11 deals on record (11 market trades); the latest was in December 2013.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Magnum has one previous CIN (Corporate Identification Number): U74140GJ1992PLC016891. The current CIN is L74140GJ1992PLC016891, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140GJ1992PLC016891 | Current |
| U74140GJ1992PLC016891 | Previous |
Contact details
Magnum Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address502 Kiran Appartment New Times Of India Press Road Vejalpur, Ahmedabad, Gujarat, India – 380051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Magnum 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
Brands
Magnum operates one associated brand: Magnum Companies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Trucking, warehousing, and transportation services are provided across regions. | magnumlog.com |
Financials of Magnum Limited
FY 2015 filings availableMagnum Limited reported revenue of ₹10.48 Lakh (up 29845% YoY) for FY 2014.
Financial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹9.7 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹46,083 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | -92.5% |
| Net Profit Margin | 4.4% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Magnum Limited, buy the company report.
Board of directors of Magnum Limited
Magnum has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Awasthi Also directs: Vask Mercantiles Pvt Ltd | Additional Director | 29 Sep 2012 | 14 Years 0 Months | Current |
| Appavoo Chitra | Additional Director | 15 May 2014 | 12 Years 5 Months | Current |
Shareholding
The shareholding of Magnum Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Magnum Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2001 | 90106507 | The Suvikas People & Co-Operative Bank Ltd. | ₹8.4 Lakh | Satisfied | |
| 30 Apr 1998 | 90104765 | The Suvikas People & Co-Operative Bank Ltd. | ₹3.8 Lakh | Satisfied | |
| 27 Nov 1997 | 90104733 | Dena Bank | ₹3.48 Lakh | Satisfied | |
| 23 May 1995 | 90104611 | Dena Bank | ₹2.42 Lakh | Satisfied |
To see the full charge records of Magnum Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Magnum Limited has 11 deals on record (11 market trades); the latest was in December 2013.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Market trade | ₹3.4 Lakh | Buyer: S J Infratech Private Limited Seller: an individual |
| Dec 2013 | Market trade | ₹5.4 Lakh | Buyer: Vardhman Infracon Private Limited , S J Infratech Private Limited Seller: an individual |
| Jun 2012 | Market trade | ₹42.5 Lakh | Buyer: Pavaki Vanijya Private Limited , an individual Seller: 2 individuals |
| May 2012 | Market trade | ₹4.2 Lakh | Buyer: Pavaki Vanijya Private Limited Seller: an individual |
| May 2012 | Market trade | ₹1.8 Lakh | Buyer: Pavaki Vanijya Private Limited Seller: an individual |
To see the full deal history of Magnum 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 Limited has 4 court cases on record: 2 filed by Magnum, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S.Reliance Commercial Finance Pvt. Ltd. | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Tapgachhiya Sheth Shri Jindas Dharmdas Dharmik Trust | Disposed |
To see the full case history of Magnum 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 Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Magnum has 3 subsidiary companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bluebell Trexim Limited | U51909WB2014PLC200931 | |
| Trilokesh Vincom Limited | U51909WB2014PLC200976 | |
| Skysail Vincom Limited | U51909WB2014PLC200978 |
To see the full group structure of Magnum Limited, buy the company report.
GST
No GST registration is on our record for Magnum Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magnum Limited has 33 board changes on record since 1993: 17 appointments and 16 cessations. The latest: Suryanarayanan Somaskandan ceased to be Additional Director on 07 Mar 2024.
32 earlier events are in the company report.
Frequently asked questions
Magnum is an active public limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 January 1992 (34+ years old) and is registered under CIN L74140GJ1992PLC016891.
Magnum has 2 current directors:
- Santosh Kumar Awasthi - Additional Director
- Appavoo Chitra - Additional Director
The latest financial statements of Magnum on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Magnum is L74140GJ1992PLC016891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnum is recorded as a listed company by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
Magnum has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Magnum was incorporated on 03 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Magnum has 11 deals on record (11 market trades); the latest was in December 2013.
Suryanarayanan Somaskandan ceased to be Additional Director on 07 Mar 2024. Suryanarayanan Somaskandan was appointed as Additional Director on 18 Jul 2016. Bhavinkumar Arvindkumar Patel ceased to be Additional Director on 10 May 2016. Magnum has 33 board changes on record in total.
The registered office of Magnum is at 502 Kiran Appartment New Times Of India Press Road Vejalpur, Ahmedabad, Gujarat, India – 380051.