Mags Finvest Private Limited
About Mags Finvest Private Limited
Data last updated:
Mags Finvest Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 17 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65993MH2003PTC142730. Its GSTIN is 27AADCM6820G1ZJ (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Madhu Kapur and Shagun Ashok Kapur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.37 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹5.27 Cr (net margin 8.2%) and EBITDA of ₹10.79 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹55.2 Cr and satisfied charges of ₹20 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mags Finvest Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 2 1st Floor Phoenix Market City, 15 L. B. S. Marg Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Mags Finvest Private 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 Mags Finvest 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 Mags Finvest Private Limited, buy the company report.
Financials of Mags Finvest Private Limited
FY 2024 filings availableMags Finvest Private Limited reported revenue of ₹64.37 Cr (up 109% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 109% growth in the latest year. EBITDA rose 73% 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 | ₹10.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.27 Cr | ||||
| 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 | 16.8% | ||||
| Net Profit Margin | 8.2% | ||||
| 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 Mags Finvest Private Limited, buy the company report.
Board of directors of Mags Finvest Private Limited
Mags Finvest has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Kapur Also directs: Tuscan Ventures Private Limited, Creed Capital Private Limited | Director | 17 Oct 2003 | 23 Years 0 Months | Current |
| Shagun Ashok Kapur Also directs: Instone Infra LLP, Coldstar Express Private Limited, Tuscan Ventures Private Limited and 3 more | Director | 17 Oct 2003 | 23 Years 0 Months | Current |
Peer comparison
Mags Finvest Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Investment Banking), with 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 |
|---|---|---|---|---|---|---|
| Way2wealth Securities Private Limited | ₹73.65 Cr (FY 2022) | 8.0% | Bangalore, Karnataka, India | |||
| Tamboli Industries Limited | ₹70.3 Cr (FY 2025) | -8.0% | Bhavnagar, Gujarat, India | |||
| Mags Finvest Private Limitedthis company | ₹64.37 Cr (FY 2024) | ₹5.27 Cr | 8.2% | 109.0% | Mumbai, Maharashtra, India | |
| Virtuous Finance Private Limited | ₹63.12 Cr (FY 2017) | 9.0% | Mumbai, Maharashtra, India | |||
| Nartaka Fabrications Private Limited | ₹51.85 Cr (FY 2017) | 32.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mags Finvest Private Limited, buy the company report.
Auditor
Mags Finvest Private Limited is audited by D. M. DAMLE & cO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. M. DAMLE & cO. | FY 2023 | 032460 |
Shareholding
The shareholding of Mags Finvest Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mags Finvest Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2025 | 101197625 | Others | ₹23 Cr | Open | |
| 30 May 2025 | 101111328 | Others | ₹14.5 Cr | Open | |
| 28 Apr 2022 | 100573636 | Others | ₹7.5 Cr | Open | |
| 28 Apr 2022 | 100573762 | Others | ₹9.4 Cr | Open | |
| 29 Dec 2020 | 100425649 | Hdfc Bank Limited | ₹80 Lakh | Open |
To see the full charge records of Mags Finvest Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mags Finvest Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed against the company by Yes Bank Limited | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Yes Bank Limited | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Mags Finvest Private 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 Mags Finvest Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mags Finvest has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM6820G1ZJ | Maharashtra | Active | 17 Jun 2021 |
To see the full GST registrations and return filing status of Mags Finvest Private Limited, buy the company report.
Recent activity
Mags Finvest Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Gaurav Ashok Kapur ceased to be Director on 21 May 2024.
5 earlier events are in the company report.
Frequently asked questions
Mags Finvest is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 17 October 2003 (23+ years old) and is registered under CIN U65993MH2003PTC142730.
Mags Finvest has 2 current directors:
- Madhu Kapur - Director
- Shagun Ashok Kapur - Director
The latest financial statements of Mags Finvest on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mags Finvest is 27AADCM6820G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mags Finvest is U65993MH2003PTC142730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mags Finvest has 6 court cases on record: 6 filed against it.
Mags Finvest was incorporated on 17 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mags Finvest by revenue are Way2wealth Securities Private Limited, Tamboli Industries Limited, Virtuous Finance Private Limited, Nartaka Fabrications Private Limited, all in the BFSI industry (Investment Banking), with the same principal business activity (other financial activities).
Gaurav Ashok Kapur ceased to be Director on 21 May 2024. Madhu Kapur was appointed as Director on 17 Oct 2003. Shagun Ashok Kapur was appointed as Director on 17 Oct 2003.
The registered office of Mags Finvest is at Unit No. 2 1st Floor Phoenix Market City, 15 L. B. S. Marg Kurla West, Mumbai, Maharashtra, India – 400070.
Mags Finvest operates in the financial services industry, in the investment banking and advisory segment.