
Magnum Developers and Builder Limited
About Magnum Developers and Builder Limited
Data last updated:
Magnum Developers and Builder Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 29 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U68100MH2008PLC178334. Its GSTIN is 27AACCE9195R1ZN (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹47.7 Lakh. It was formerly known as Magnum Marble Private Limited and E-Mall Royal Residency Private Limited. It is led by directors including Subhash Rajguru Bhavanishankar and Manish Arun Palkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.37 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹4.83 Lakh (net margin -29.5%) and EBITDA of -₹4.49 Lakh (EBITDA margin -27.4%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 46% over five years.
Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Magnum Developers and Builder has undergone 2 name changes throughout its history. The company was previously known as Magnum Marble Private Limited, and E-Mall Royal Residency Private Limited. The current legal name is Magnum Developers And Builder Limited.
| Company Name | Status |
|---|---|
| Magnum Developers and Builder Limited | Current |
| Magnum Marble Private Limited | Previous |
| E-Mall Royal Residency Private Limited | Previous |
CIN history
Magnum Developers and Builder has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68100MH2008PLC178334, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100MH2008PLC178334 | Current |
| U45209MH2008PTC178334 | Previous |
| U45209MH2008PLC178334 | Previous |
| U52100MH2008PTC178334 | Previous |
Contact details
Magnum Developers and Builder Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC 1002 Floor – 10th Plot – 4/50 4C/50 C Wing, Royal Residency Dr. Babasaheb Ambedkar Road Chiwada Gully Lalbaug Parel, Mumbai, Maharashtra, India – 400012
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Magnum Developers and Builder 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 Developers and Builder 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 Developers and Builder Limited, buy the company report.
Financials of Magnum Developers and Builder Limited
FY 2025 filings availableMagnum Developers and Builder Limited reported revenue of ₹16.37 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 4% fall in the latest year. EBITDA rose 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹4.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.83 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.4% | ||||
| Net Profit Margin | -29.5% | ||||
| 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 Developers and Builder Limited, buy the company report.
Board of directors of Magnum Developers and Builder Limited
Magnum Developers and Builder has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Rajguru Bhavanishankar Also directs: Taamra Engineering Consultants India Private Limited, Angraj Developers LLP, Nityaprakashini Developers LLP and 5 more | Director | 26 Feb 2019 | 7 Years 8 Months | Current |
| Manish Arun Palkar Also directs: Akhilesh Mercantile Private Limited, Rhea Infrabuild Private Limited, Bosimi Exports (India) Limited CN and 5 more | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Devang Hemantkumar Vyas Also directs: Rak Magnum Realty LLP, Prag Bosimi Synthetics Ltd, Taamra Engineering Consultants India Private Limited and 5 more | Director | 05 May 2016 | 10 Years 5 Months | Current |
| Krish Devang Vyas Also directs: Taamra Engineering Consultants India Private Limited, Trine Foundation, Prag Jyoti Textile Park Private Limited and 1 more | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Magnum Developers and Builder Limited is audited by BHARAT SHROFF & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT SHROFF & CO | FY 2020 | 131026W |
Shareholding
The shareholding of Magnum Developers and Builder Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magnum Developers and Builder Limited, buy the company report.
Legal cases
Magnum Developers and Builder Limited has 5 court cases on record: 5 filed by Magnum Developers and Builder. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Raj Sanket Realty Limited and 6 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against Raj Sanket Realty Ltd and 6 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Raj Sanket Realty Limited and 6 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against an individual | Disposed |
To see the full case history of Magnum Developers and Builder 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 Developers and Builder Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnum Developers and Builder has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE9195R1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magnum Developers and Builder Limited, buy the company report.
Recent activity
Magnum Developers and Builder Limited has 12 board changes on record since 2008: 8 appointments and 4 cessations. The latest: Krish Devang Vyas was appointed as Director on 15 Mar 2023.
3 earlier events are in the company report.
Frequently asked questions
Magnum Developers and Builder is an active public limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 29 January 2008 (18+ years old) and is registered under CIN U68100MH2008PLC178334.
Magnum Developers and Builder has 4 current directors:
- Subhash Rajguru Bhavanishankar - Director
- Manish Arun Palkar - Director
- Devang Hemantkumar Vyas - Director
- Krish Devang Vyas - Director
The latest financial statements of Magnum Developers and Builder on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magnum Developers and Builder is 27AACCE9195R1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magnum Developers and Builder is U68100MH2008PLC178334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magnum Developers and Builder has 5 court cases on record: 5 filed by the company. 1 is pending.
Magnum Developers and Builder was incorporated on 29 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Krish Devang Vyas was appointed as Director on 15 Mar 2023. Hemant Bhanushankar Vyas ceased to be Director on 01 Jan 2021. Manish Arun Palkar was appointed as Director on 15 Dec 2020. Magnum Developers and Builder has 12 board changes on record in total.
The registered office of Magnum Developers and Builder is at C 1002 Floor – 10th Plot – 450 4C50 C Wing, Royal Residency Dr. Babasaheb Ambedkar Road Chiwada Gully Lalbaug Parel, Mumbai, Maharashtra, India – 400012.
Magnum Developers and Builder operates in the metals and minerals industry, in the construction materials retail and distribution segment.

