Magnanimous Trade & Finance Ltd.
BBSE:MAGANTR0.39
INR
+0.01
(+2.63%)
ISIN
INE664N01018
Return %
Stock
S&P 500
1Y
65.96
14.20
3Y
143.75
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate development
- Address
- Jaipur India
- Website
- mtfl.co.in
- Similar Companies
- Business
- Magnanimous Trade & Finance Limited is a non-banking financial company (NBFC) that provides credit solutions, investment management, and capital market services in India. The company operates within the non-deposit-taking financial services sector, focusing on credit delivery, asset financing, and portfolio management for corporate and institutional clients as well as commercial enterprises. Its core products and services comprise corporate and commercial lending, including short-term and long-term unsecured credit facilities, business loans, working capital advances, and inter-corporate deposits; capital market investments and asset management, encompassing the acquisition, holding, and trading of listed equities, fixed-income securities, mutual funds, and alternative financial instruments; real estate and project financing, providing project-level funding and asset development financing; and treasury and liquidity management solutions, including structured financing, cash surplus deployment, and corporate advisory services. The company conducts its operations across India, serving small and medium enterprises, corporate borrowers, and private investors. Founded in 1985 and headquartered in Jaipur, Rajasthan, India, the company is listed on the BSE under the ticker MAGANTR. In recent operational and structural developments, the company underwent a major change in promoter management and shareholding control following a 26.00% open offer acquisition by Kurjibhai Premjibhai Rupareliya in compliance with SEBI takeover regulations, leading to his appointment as Managing Director. Furthermore, the company has undertaken strategic corporate reorganization, initiating the transfer of its registered office and operational headquarters from Jaipur to Mumbai, Maharashtra to scale business operations in India's key financial center, alongside reconstituting its Board of Directors with the appointment of new independent directors to support corporate governance and expanded credit deployment.