Magnum Traders Ltd
About Magnum Traders Ltd
Data last updated:
Magnum Traders Ltd was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial auxiliary services segment of the financial services sector. It was incorporated on 14 August 1980.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1980PLC032928. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹24.75 Lakh and a paid-up capital of ₹24.75 Lakh. It was led by directors including Chanchal Kumar Sanyal and Devendra Kumar Sarawgee.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 27 Sir R N Mukherjee Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹41.78 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 3.8%) and EBITDA of ₹2.06 Lakh (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
CIN history
Magnum Traders has one previous CIN (Corporate Identification Number): L67120WB1980PLC032928. The current CIN is U67120WB1980PLC032928, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120WB1980PLC032928 | Current |
| L67120WB1980PLC032928 | Previous |
Contact details
Magnum Traders Ltd's registered office is in Kolkata, West Bengal.
- Registered Address27 Sir R N Mukherjee Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 Traders is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Magnum Traders Ltd, buy the company report.
Financials of Magnum Traders Ltd
FY 2019 filings availableMagnum Traders Ltd reported revenue of ₹41.78 Lakh (down 64% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 64% fall in the latest year. EBITDA fell 3% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Magnum Traders Ltd, buy the company report.
Board of directors of Magnum Traders Ltd
Magnum Traders has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanchal Kumar Sanyal Also directs: Ratlam Industrial Ltd | Director | 31 Oct 2012 | 13 Years 11 Months | As last reported |
| Devendra Kumar Sarawgee | Director | 14 Aug 1980 | 46 Years 2 Months | As last reported |
| Vijay Kumar Kanoria Also directs: The East India Jute & Hessian Exchange Ltd., Associated General Trading Society Ltd, Ratlam Industrial Ltd and 2 more | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Kamal Kant Agarwal | Director | 27 Jan 1999 | 27 Years 9 Months | As last reported |
Peer comparison
Magnum Traders Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Star Riders Private Limited | ₹41.8 Lakh (FY 2025) | 539.0% | Surat, Gujarat, India | |||
| Highland Park Enclave Pvt Ltd | ₹41.8 Lakh (FY 2023) | -54.0% | Kolkata, West Bengal, India | |||
| Apra Forex and Travels Private Limited | ₹41.79 Lakh (FY 2025) | -78.0% | New Delhi, Delhi, India | |||
| North West Agro Product Private Limited | ₹41.79 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Misa Finvest Pvt Ltd | ₹41.79 Lakh (FY 2025) | -11.0% | Bhilai, Chhattisgarh, India | |||
| Magnum Traders Ltdthis company | ₹41.78 Lakh (FY 2019) | ₹1.6 Lakh | 3.8% | -64.0% | Kolkata, West Bengal, India | |
| Sangeerthanam Kuries Private Limited | ₹41.77 Lakh (FY 2025) | -3.0% | Thrissur Post, Kerala, India | |||
| S N Hire Purchase Private Limited | ₹41.76 Lakh (FY 2025) | 95.0% | Jalandhar, Punjab, India | |||
| Gostep Solutions Private Limited | ₹41.74 Lakh (FY 2025) | 42.0% | Jodhpur, Rajasthan, India | |||
| Tanot Finance Limited | ₹41.73 Lakh (FY 2025) | 30.0% | Gandhidham, Gujarat, India | |||
| Jetprofit Investments Private Limited | ₹41.7 Lakh (FY 2025) | 38.0% | Gurugram, Haryana, India |
To see the full peer comparison of Magnum Traders Ltd, buy the company report.
Legal cases
Magnum Traders Ltd has 2 court cases on record: 1 filed by Magnum Traders, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by Hindusthan Devlopment Corp.Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against Shaw Wallace & Co Ltd. | Disposed |
To see the full case history of Magnum Traders Ltd, 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.
Credit ratings & regulatory alerts
Magnum Traders Ltd was last rated by Icra on 21 Jan 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Jan 2015 |
To see the full credit ratings and regulatory alerts of Magnum Traders Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magnum Traders Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magnum Traders has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Magnum Traders Ltd, buy the company report.
Recent activity
Magnum Traders Ltd has 9 board changes on record since 1980: 4 appointments and 5 cessations. The latest: Archana Agarwal ceased to be Director on 24 Jul 2017.
Frequently asked questions
Magnum Traders has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Magnum Traders was a public limited company based in Kolkata, West Bengal, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 14 August 1980 and is registered under CIN U67120WB1980PLC032928. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Magnum Traders was incorporated on 14 August 1980. It is registered with the Registrar of Companies, Kolkata.
Magnum Traders had 4 directors:
- Chanchal Kumar Sanyal - Director
- Devendra Kumar Sarawgee - Director
- Vijay Kumar Kanoria - Director
- Kamal Kant Agarwal - Director
The CIN (Corporate Identification Number) of Magnum Traders is U67120WB1980PLC032928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Magnum Traders is at 27 Sir R N Mukherjee Road, Kolkata, West Bengal, India – 700001.
The latest financial statements of Magnum Traders on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
No. Magnum Traders has 1 GST registration on record and it is cancelled or inactive.
Magnum Traders operated in the financial services industry, in the auxiliary to financial intermediatory segment.
The peers of Magnum Traders by revenue are Star Riders Private Limited, Highland Park Enclave Pvt Ltd, Apra Forex and Travels Private Limited, North West Agro Product Private Limited, Misa Finvest Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Magnum Traders has 2 court cases on record: 1 filed by the company and 1 filed against it.