OVERVIEW - MAGMA FINCORP LIMITED

Magma Fincorp Limited is a listed public company incorporated on 18 December, 1978. It is classified as a public limited company and is located in Kolkata, West Bengal. It's authorized share capital is INR 836.00 cr and the total paid-up capital is INR 152.67 cr.

Magma Fincorp Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2019. It's EBITDA has increased by 33.29 % over the previous year. At the same time, it's book networth has increased by 16.36 %. Other performance and liquidity ratios are available here.

Description: The company is a non-banking finance company, provides asset finance services in India and operates through Finance and Mortgages, General Insurance, and Others segments.

Products & Services: Car Loans, SME Loans, Construction Equipment Loans, Commercial Vehicle Loans, Tractor Loans, Used Vehicle Loans, Auto Lease, Housing Finance.

The current status of Magma Fincorp Limited is - Active.

The last reported AGM (Annual General Meeting) of Magma Fincorp Limited, per our records, was held on 31 August, 2020. Also, as per our records, its last balance sheet was prepared for the period ending on 31 March, 2020.

Magma Fincorp Limited has seven directors - Mayank Poddar, Sanjay Chamria, and others.

The Corporate Identification Number (CIN) of Magma Fincorp Limited is L51504WB1978PLC031813. The registered office of Magma Fincorp Limited is at DEVELOPMENT HOUSE, 24, PARK STREET, Kolkata, Kolkata, West Bengal.

  • COMPANY FINANCIALS
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    All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2020 along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 349/-
    Balance Sheet, Profit and Loss# and shareholder return for last three years upto 31 March, 2020 along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 249/-
    Balance Sheet, Profit and Loss# and shareholder return for 31 March, 2020 along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 799/-
    An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more.
    Delivery time: 1 working day (Mon-Fri).
    View a Sample Report
  • # Wherever available
    * Prices are exclusive of taxes.
    ** Company has reported to have approved financials for 31 March, 2020. However, in case, they are not yet filed with MCA, then last filed financials shall be provided instead.
    *** Working hours: 9am-6pm (Mon-Fri)

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REGISTERED DETAILS - MAGMA FINCORP LIMITED


CIN

L51504WB1978PLC031813

Incorporation Date / Age

18 December, 1978 / 43 yrs

Last Reported AGM Date

31 August, 2020


Authorized Capital

INR 83600.0 Lacs

Paidup Capital

INR 15266.61996 Lacs

industry*

Trading


type

Listed Public Company

category

Company limited by Shares

subcategory

Non-govt company


Email Address

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Website

http://www.magma.co.in. (Incorrect website?)

Registered Address

DEVELOPMENT HOUSE,
24, PARK STREET
Kolkata
Kolkata - 700016
West Bengal - India


How to download MAGMA FINCORP LIMITED report

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MAGMA FINCORP LIMITED - Registration Details
CINL51504WB1978PLC031813
Incorporation Date / Age18 December, 1978 / 43 yrs
Last Reported AGM Date31 August, 2020
Authorized CapitalINR 83600.0 Lacs
Paidup CapitalINR 15266.61996 Lacs
industry*Trading
typeListed Public Company
categoryCompany limited by Shares
subcategoryNon-govt company
Email Address
Websitehttp://www.magma.co.in
Registered AddressDEVELOPMENT HOUSE, 24, PARK STREET Kolkata Kolkata - 700016 West Bengal - India

FINANCIAL HIGHLIGHTS - MAGMA FINCORP LIMITED

Provided here are the financial indicators for financial year ending on 31 March, 2019. Actual numbers and more financial data, updated until 31 March, 2020* are included in purchased financial report.
View Sample Report.
Operating Revenue Over INR 500 cr
EBITDA 33.29 %
Networth 16.36 %
Debt/Equity Ratio 4.71
Return on Equity 10.76 %

* Company has reported to have approved financials for 31 March, 2020. However, in case, they are not yet filed with MCA, then last filed financials shall be provided instead.

How to get financial reports of MAGMA FINCORP LIMITED

Tofler Company360 provides access to any Indian company's financial documents, charts, ratio analysis and more. It lets you compare financials of several companies and study performance trends. These financials can also be downloaded in excel format. Here is the video showing how you can study the financials of an Indian company on the Company360 platform.

Directors - MAGMA FINCORP LIMITED

The company has 7 directors and 2 reported key management personnel.


The longest serving director currently on board is Mayank Poddar who was appointed on 18 December, 1978. Mayank Poddar has been on the board for more than 42 years. The most recently appointed directors are Sajid Moorad Fazalbhoy and Prabhakar Ramchandra Dalal, who were appointed on 05 May, 2021.


Mayank Poddar has the largest number of other directorships with a seat at a total of 18 companies. In total, the company is connected to 51 other companies through its directors.


NAME DESIGNATION APPOINTMENT DATE
MAYANK PODDAR Whole-time director 18 December, 1978 Other directorships - SOLVEX ESTATES LLP,  VARUNEHA COMMERCE LLP,  CAMARO INFRASTRUCTURE LLP,  CLP BUSINESS LLP,  CELICA FARMS PRIVATE LIMITED,  MAGMA HDI GENERAL INSURANCE COMPANY LIMITED,  JAGUAR ADVISORY SERVICES PRIVATE LIMITED,  CELICA DEVELOPERS PRIVATE LIMITED,  FLUENCE ADVISORY SERVICES LIMITED,  AMBIENT PROPERTIES PRIVATE LIMITED,  ANANTA SEVA FOUNDATION,  VIPER ESTATES AND INVESTMENTS PRIVATE LI MITED,  VARUNEHA COMMERCE PVT LTD,  MAGMA ADVISORY SERVICES LIMITED,  MICROFIRM CAPITAL PRIVATE LIMITED,  CAMARO INFRASTRUCTURE PRIVATE LIMITED,  MAGMA ITL FINANCE LIMITED, 
SANJAY CHAMRIA Managing director 01 January, 1995 Other directorships - FINANCE INDUSTRY DEVELOPMENT COUNCIL,  MAGMA HDI GENERAL INSURANCE COMPANY LIMITED,  JAGUAR ADVISORY SERVICES PRIVATE LIMITED,  CELICA DEVELOPERS PRIVATE LIMITED,  FLUENCE ADVISORY SERVICES LIMITED,  VIPER ESTATES AND INVESTMENTS PRIVATE LI MITED,  MICROFIRM CAPITAL PRIVATE LIMITED,  PRAGATI SALES PVT LTD,  MAGMA ITL FINANCE LIMITED,  MAGMA CONSUMER FINANCE PRIVATE LIMITED,  MAGMA HOUSING FINANCE LIMITED, 
SAJID MOORAD FAZALBHOY Director 05 May, 2021 Other directorships - MODERN MEDIA AND EXHIBITIONS PRIVATE LIMITED,  IVP LTD,  AMEDEO SOFTWARE PRIVATE LIMITED,  SILVER OCEAN INVESTMENT PRIVATE LIMITED,  CAPITALG HEALTHCARE MULTIVENTURES PRIVATE LIMITED,  SILVER LAKE MANAGEMENT LLP,  MAGMA HOUSING FINANCE LIMITED,  PHOTOPHONE PRIVATE LIMITED, 
KAILASH BAHETI KMP 04 November, 2016 No other directorships
SUNIL REWACHAND CHANDIRAMANI Director 10 December, 2019 Other directorships - NYKA ADVISORY SERVICES LLP,  BAYSIDE MEDIA PRIVATE LIMITED,  BLUE BRIGHT LORD FOOD PROCESSORS LLP,  ERNST & YOUNG PRIVATE LIMITED,  VIGYANLABS INNOVATIONS PRIVATE LIMITED,  GANESH GRAINS LIMITED,  UPDATER SERVICES PRIVATE LIMITED, 
PRABHAKAR RAMCHANDRA DALAL Director 05 May, 2021 Other directorships - POONAWALLA FINANCE PRIVATE LIMITED,  E-NXT FINANCIALS LIMITED,  TEMA INDIA LIMITED,  MAGMA HOUSING FINANCE LIMITED,  AJANTA PHARMA LIMITED, 
BONTHA PRASADA RAO Director 10 December, 2019 Other directorships - BHARAT HEAVY PLATE AND VESSELS LIMITED,  TATA BOEING AEROSPACE LIMITED,  HAVELLS INDIA LIMITED, 
VIJAYALAKSHMI RAJARAM IYER Director 31 January, 2019 Other directorships - BFSI SECTOR SKILL COUNCIL OF INDIA,  AXIS MUTUAL FUND TRUSTEE LIMITED,  L&T INFRASTRUCTURE DEVELOPMENT PROJECTS LIMITED,  ICICI SECURITIES LIMITED,  AVANSE FINANCIAL SERVICES LIMITED,  RELIGARE ENTERPRISES LIMITED,  L&T METRO RAIL (HYDERABAD) LIMITED,  GIC HOUSING FINANCE LIMITED,  ADITYA BIRLA CAPITAL LIMITED, 
SHABNUM ZAMAN Secretary 02 August, 2015 No other directorships
NAME DESIGNATION APPOINTMENT DATE
MAYANK PODDAR Whole-time director 18 December, 1978 View other directorships
SANJAY CHAMRIA Managing director 01 January, 1995 View other directorships
SAJID MOORAD FAZALBHOY Director 05 May, 2021 View other directorships
KAILASH BAHETI KMP 04 November, 2016 No other directorships
SUNIL REWACHAND CHANDIRAMANI Director 10 December, 2019 View other directorships
PRABHAKAR RAMCHANDRA DALAL Director 05 May, 2021 View other directorships
BONTHA PRASADA RAO Director 10 December, 2019 View other directorships
VIJAYALAKSHMI RAJARAM IYER Director 31 January, 2019 View other directorships
SHABNUM ZAMAN Secretary 02 August, 2015 No other directorships
18 December, 1978

MAYANK PODDAR

Whole-time director

01 January, 1995

SANJAY CHAMRIA

Managing director

02 August, 2015

SHABNUM ZAMAN

Secretary

04 November, 2016

KAILASH BAHETI

KMP

31 January, 2019
10 December, 2019
10 December, 2019
05 May, 2021
05 May, 2021

Previous Directors - MAGMA FINCORP LIMITED

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Bank-wise Biggest Charges on Assets

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Previous Names

MAGMA SHRACHI FINANCE LIMITED
MAGMA LEASING LTD.
ARM GROUP ENTERPRISES LTD

Previous CINs

No previous CINs were found for this company.

SIMILAR COMPANIES

NAME INCORPORATION YEAR STATE PAID UP CAPITAL
ARKRAY HEALTHCARE PRIVATE LIMITED It was formed in year 2007 in Maharashtra . The company currently has a paid up capital of INR 165.90 cr.
2007 Maharashtra 165.90 cr Buy financial reports
IGARASHI MOTORS SALES PRIVATE LIMITED It was formed in year 2005 in Tamil Nadu . The company currently has a paid up capital of INR 169.91 cr.
2005 Tamil Nadu 169.91 cr Buy financial reports
NIPRO MEDICAL (INDIA) PRIVATE LIMITED It was formed in year 2006 in Tamil Nadu . The company currently has a paid up capital of INR 111.78 cr.
2006 Tamil Nadu 111.78 cr Buy financial reports
SHREEM ELECTRIC LIMITED It was formed in year 1976 in Maharashtra . The company currently has a paid up capital of INR 86.78 cr.
1976 Maharashtra 86.78 cr Buy financial reports
LS INDUSTRIES LIMITED It was formed in year 1993 in Himachal Pradesh . The company currently has a paid up capital of INR 84.88 cr.
1993 Himachal Pradesh 84.88 cr Buy financial reports
AMBIENCE PRIVATE LIMITED It was formed in year 1986 in Delhi . The company currently has a paid up capital of INR 302.84 cr.
1986 Delhi 302.84 cr Buy financial reports

Company Network - MAGMA FINCORP LIMITED

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How to use company network of MAGMA FINCORP LIMITED

Tofler Company network is a powerful feature that allows you to explore and discover common directorships between companies. It helps you find out other directorships of an Indian director and where else he has business interests. The feature is available for unlimited use in Company360 platform. Here is the video showing how you can explore company networks to discover hidden relationships between companies.

About - MAGMA FINCORP LIMITED Edit

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FAQ - MAGMA FINCORP LIMITED

  • What is the Incorporation date of MAGMA FINCORP LIMITED?

    The Incorporation Date of MAGMA FINCORP LIMITED is 18 December, 1978.

  • What is the operating revenue of MAGMA FINCORP LIMITED?

    The operating revenue of MAGMA FINCORP LIMITED is in the range of Over INR 500 cr for the financial year ending on 31 March, 2019.

  • What is the change in EBITDA of MAGMA FINCORP LIMITED since last year?

    The EBITDA of MAGMA FINCORP LIMITED has increased by 33.29 % over the previous year. At the same time, it's book networth has increased by 16.36 % for the financial year ending 31 March, 2019.

  • What is the business of MAGMA FINCORP LIMITED?

    The company is a non-banking finance company, provides asset finance services in India and operates through Finance and Mortgages, General Insurance, and Others segments..

  • Which Products and Services are provided by MAGMA FINCORP LIMITED?

    The products and services offered by MAGMA FINCORP LIMITED are Car Loans, SME Loans, Construction Equipment Loans, Commercial Vehicle Loans, Tractor Loans, Used Vehicle Loans, Auto Lease, Housing Finance..

  • Who are the directors of MAGMA FINCORP LIMITED?

    Magma Fincorp Limited has seven directors - Mayank Poddar, Sanjay Chamria, and others.

  • COMPANY FINANCIALS
  • INR 349/-
    Company360 is an interactive dashboard that provides more than 3 years company’s financials, ratios, charts, network and features like lists, comparator, financial alerts, pdf reports, and excel downloads.
    Learn More
  • INR 499/-
    All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2020 along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 349/-
    Balance Sheet, Profit and Loss# and shareholder return for last three years upto 31 March, 2020 along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 249/-
    Balance Sheet, Profit and Loss# and shareholder return for 31 March, 2020 along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 799/-
    An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more.
    Delivery time: 1 working day (Mon-Fri).
    View a Sample Report
  • # Wherever available
    * Prices are exclusive of taxes.
    ** Company has reported to have approved financials for 31 March, 2020. However, in case, they are not yet filed with MCA, then last filed financials shall be provided instead.
    *** Working hours: 9am-6pm (Mon-Fri)

Company360 plans

360lite-screenshot

Know more about the businesses you deal with. About your vendors, clients and competitors.

@ INR 9000/quarter

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Join our newsletter

For business and industry related insights, twice in a month. No spam.

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