Royal Money Magnet Private Limited
About Royal Money Magnet Private Limited
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Royal Money Magnet Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 20 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2019PTC327014. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Komal Jatashankar Upadhyay and Vishal Yashwin Kapdi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 408 Crystal Plaza Premises Co – Op Society Ltd New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.4 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹14,317 (net margin -10.3%) and EBITDA of -₹14,317 (EBITDA margin -10.3%).
Company details
Contact details
Royal Money Magnet Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressC – 408 Crystal Plaza Premises Co – Op Society Ltd New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400102
- IndustryBusiness Outsourcing, Business & IT Consulting, HR Outsourcing & Talent Management
To see the full contact details of Royal Money Magnet 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 Royal Money Magnet 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 Royal Money Magnet Private Limited, buy the company report.
Financials of Royal Money Magnet Private Limited
FY 2021 filings availableRoyal Money Magnet Private Limited reported revenue of ₹1.4 Lakh (down 86% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 86% in the latest year. EBITDA rose 95% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹14,317 | |
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| Net Profit (PAT) | -₹14,317 | |
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -10.3% | |
| Net Profit Margin | -10.3% | |
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To see the full financial statements and ratios of Royal Money Magnet Private Limited, buy the company report.
Board of directors of Royal Money Magnet Private Limited
Royal Money Magnet 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 |
|---|---|---|---|---|
| Komal Jatashankar Upadhyay | Director | 31 Oct 2020 | 6 Years 0 Months | Current |
| Vishal Yashwin Kapdi Also directs: Satyadeep Reality Private Limited | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Royal Money Magnet Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Royal Money Magnet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Royal Money Magnet 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 Royal Money Magnet Private Limited, buy the company report.
Recent activity
Royal Money Magnet Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Komal Jatashankar Upadhyay was appointed as Director on 31 Oct 2020.
Frequently asked questions
Royal Money Magnet is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 20 June 2019 (7+ years old) and is registered under CIN U67190MH2019PTC327014.
Royal Money Magnet has 2 current directors:
- Komal Jatashankar Upadhyay - Director
- Vishal Yashwin Kapdi - Director
The latest financial statements of Royal Money Magnet on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
No. Royal Money Magnet has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Royal Money Magnet is U67190MH2019PTC327014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Royal Money Magnet was incorporated on 20 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Komal Jatashankar Upadhyay was appointed as Director on 31 Oct 2020. Hitesh Arvind Shah ceased to be Director on 29 Sep 2020. Vishal Yashwin Kapdi was appointed as Director on 20 Jun 2019.
The registered office of Royal Money Magnet is at C – 408 Crystal Plaza Premises Co – Op Society Ltd New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400102.
Royal Money Magnet operates in the business outsourcing industry, in the business and IT consulting segment.
Royal Money Magnet can be reached at its registered office: C – 408 Crystal Plaza Premises Co – Op Society Ltd New Link Road Oshiwara Andheri West, Mumbai, Maharashtra, India – 400102.
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