- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0004553

About Magus Travel Solutions Private Limited
Data last updated:
Magus Travel Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 27 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63090MH2014PTC252495. Its GSTIN is 27AAJCM0467B1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Mohamed Usman Memon (Managing Director) and Abubakar Abdul Gafoor Memon.
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 2nd Floor Shop No.1 Ashoka Shopping Centre L.T. Marg Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.64 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹19.6 Lakh (net margin 12%) and EBITDA of ₹34.81 Lakh (EBITDA margin 21.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹47.5 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Magus Travel Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magustravels.com.
Company details
Recognitions & Rankings of Magus Travel Solutions
Contact details
Magus Travel Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is magustravels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor Shop No.1 Ashoka Shopping Centre L.T. Marg Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Magus Travel Solutions 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 Magus Travel Solutions is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Magus Travel Solutions Private Limited, buy the company report.
Financials of Magus Travel Solutions Private Limited
FY 2024 filings availableMagus Travel Solutions Private Limited reported revenue of ₹1.64 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 13% 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 |
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| EBITDA | ₹34.81 Lakh | ||||
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| Net Profit (PAT) | ₹19.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 12% | ||||
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To see the full financial statements and ratios of Magus Travel Solutions Private Limited, buy the company report.
Board of directors of Magus Travel Solutions Private Limited
Magus Travel Solutions 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 |
|---|---|---|---|---|
| Mohamed Usman Memon | Managing Director | 27 Jan 2014 | 12 Years 9 Months | Current |
| Abubakar Abdul Gafoor Memon Also directs: Sarharpallava LLP | Director | 27 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Magus Travel Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avn Travels & Exhibitions Private Limited | ₹1.64 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| One Click Travels Private Limited | ₹1.64 Cr (FY 2025) | 75.0% | Jaipur, Rajasthan, India | |||
| Cherishtrip Holidays Private Limited | ₹1.64 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Travel Fair India Private Limited | ₹1.64 Cr (FY 2024) | 38.0% | Delhi, India | |||
| Magus Travel Solutions Private Limitedthis company | ₹1.64 Cr (FY 2024) | ₹19.6 Lakh | 12% | 12.0% | Mumbai, Maharashtra, India | |
| Greenland Journey Private Limited | ₹1.64 Cr (FY 2024) | 43.0% | Delhi, India | |||
| Kalpadeep Holidays and Events Private Limited | ₹1.63 Cr (FY 2020) | 39.0% | Delhi, India | |||
| Oriental Travels Pvt Ltd | ₹1.63 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Magus Travel Solutions Private Limited, buy the company report.
Auditor
Magus Travel Solutions Private Limited is audited by DIWAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIWAN & ASSOCIATES | FY 2023 | 115245W |
Shareholding
The shareholding of Magus Travel Solutions 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magus Travel Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2019 | 100296360 | Others | ₹47.5 Lakh | Open | |
| 28 Nov 2014 | 10538003 | Bombay Mercantile Co-Operative Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Magus Travel Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Magus Travel Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Assistant Registrar of Companies | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Registrar of Companies | Pending |
To see the full case history of Magus Travel Solutions 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 Magus Travel Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magus Travel Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM0467B1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magus Travel Solutions Private Limited, buy the company report.
Recent activity
Magus Travel Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Mohamed Usman Memon ceased to be Director on 10 Oct 2015.
Frequently asked questions
Magus Travel Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 27 January 2014 (12+ years old) and is registered under CIN U63090MH2014PTC252495.
Magus Travel Solutions has 2 current directors:
- Mohamed Usman Memon - Managing Director
- Abubakar Abdul Gafoor Memon - Director
The latest financial statements of Magus Travel Solutions 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 Magus Travel Solutions is 27AAJCM0467B1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Magus Travel Solutions is U63090MH2014PTC252495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magus Travel Solutions has 2 court cases on record: 2 filed against it. 2 are pending.
Magus Travel Solutions was incorporated on 27 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magus Travel Solutions by revenue are Avn Travels & Exhibitions Private Limited, One Click Travels Private Limited, Cherishtrip Holidays Private Limited, Travel Fair India Private Limited, Greenland Journey Private Limited and 2 more, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Mohamed Usman Memon ceased to be Director on 10 Oct 2015. Abubakar Abdul Gafoor Memon was appointed as Director on 27 Jan 2014. Mohamed Usman Memon was appointed as Managing Director on 27 Jan 2014.
Yes, Magus Travel Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0004553).
Magus Travel Solutions can be reached through the website magustravels.com. Its registered office is in Mumbai, Maharashtra, India.

