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MAGNUM INSURANCE BROKING PRIVATE LIMITED

Active
Updated: 19 Feb 2024

Magnum Insurance Broking Private Limited, is an unlisted private company incorporated on 18 June, 2013. It is classified as a private limited company and is located in Nagpur, Maharashtra. It's authorized share capital is INR 1.00 cr and the total paid-up capital is INR 80.00 lac.

Magnum Insurance Broking's operating revenue range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2022. It's EBITDA has increased by 985.47% over the previous year. At the same time, it's book networth has decreased by 12.09%.

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Industry

Insurance
Products
  • INSURANCE BROKING AND RELATED SERVICES, Financial Advisory, brokerage and Consultancy Services
Key Metrics

** All rupee values in INR lacs. Based on March 2022 numbers.

Total Revenue
20.14%
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EBITDA
985.47%
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Net Profit
-587.39%
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Networth
-12.09%
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Borrowings
-
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Assets
-9.49%
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Gross Margin
-
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Operating Margin
3.26
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Net Profit Margin
-7.34
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Return on Equity
-16.23
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ROCE
-14.98
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Debt to Equity
-
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Sales
Mar 2022
Net worth
Mar 2022

Locations

indian flag India (1)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR lacs
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Networth
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ROE GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
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Balance Sheet

%
** All numbers in INR lacs
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
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Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR lacs
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Revenue from operations

Ratios

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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Performance
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Return +
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Efficiency +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Director Chintan Pankaj Babaria
Shareholder
02459853 12 years
Director Nishit Pankaj Babaria
Shareholder
02459933 12 years
Director Roshni Chintan Babaria 09728292 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
CCR LOGISTICS PRIVATE LIMITED
Active
4.0 Cr 1 Maharashtra
VRAJ CARE FOUNDATION
Active
1.0 L 2 Maharashtra
MAGNUM FINCARE PRIVATE LIMITED
Active
2.0 Cr 2 Delhi
MAGNUM LIFE SCIENCES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
MANIBHADRA ENERGY PRIVATE LIMITED
Active
1.0 L 1 Maharashtra

Registered Details

CIN

U66000MH2013PTC244590

PAN

AAJCM1730F

Incorporation

2013, 11.9 years

Company Email

info@magnuminsurance.in

Paid up Capital

₹ 80.0 L

Authorised Capital

₹ 1.0 Cr

AGM

Sep 2023

Type

Private
Non-government Company

FAQ - MAGNUM INSURANCE BROKING PRIVATE LIMITED

What is the incorporation date of MAGNUM INSURANCE BROKING PRIVATE LIMITED?

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The incorporation date of MAGNUM INSURANCE BROKING PRIVATE LIMITED is 18 June, 2013

What is the authorized share capital of MAGNUM INSURANCE BROKING PRIVATE LIMITED?

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The authorized share capital of MAGNUM INSURANCE BROKING PRIVATE LIMITED is INR ₹ 1.0 Cr.

What is the paid-up capital of MAGNUM INSURANCE BROKING PRIVATE LIMITED?

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The paid-up capital of MAGNUM INSURANCE BROKING PRIVATE LIMITED is INR ₹ 80.0 L.

What is the registered address of MAGNUM INSURANCE BROKING PRIVATE LIMITED?

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The registered address of MAGNUM INSURANCE BROKING PRIVATE LIMITED is 209, Shri Mohini Complex, 2nd Floor, 345 Kingsway Nagpur Nagpur Maharashtra - 440001

What is the CIN number of MAGNUM INSURANCE BROKING PRIVATE LIMITED?

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The CIN number of MAGNUM INSURANCE BROKING PRIVATE LIMITED is U66000MH2013PTC244590.

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