Magnum Ventures
24.77
+3.90(+18.69%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D+18.69%
1M+0.65%
6M-5.64%
1Y-41.95%
5Y+436.15%
View Company Insightsright
More news about Magnum Ventures
09Sept 25
Magnum Ventures Receives Equity Investment Interest from NEO Special Credit Opportunities Fund
Magnum Ventures has received a Letter of Intent (LOI) from NEO Special Credit Opportunities Fund expressing interest in subscribing to the company's equity shares. The LOI was received on September 9, 2025. The company has informed stock exchanges about this development in compliance with SEBI regulations. While specific terms are undisclosed, this potential investment could provide additional capital for Magnum Ventures' growth or operations.
05Sept 25
Magnum Ventures Reports Net Loss of Rs 1,303.59 Lacs in Q1 Amid Paper Mill Shutdown
Magnum Ventures, operating in paper and hotel sectors, reported a net loss of Rs 1,303.59 lacs for Q1 FY24, compared to a profit of Rs 345.25 lacs in Q1 FY23. Revenue decreased by 19.80% to Rs 9,007.56 lacs. The company's paper mill operations were temporarily halted from June 8 to July 22 for upgrades and maintenance. Corporate actions included issuing 75,25,000 equity shares through warrant conversions and redeeming 7,52,500 preference shares. EPS declined to -Rs 2.18 from Rs 0.80 year-over-year. EBITDA fell by 39.66% and operating profit margin decreased by 651 basis points.
13Aug 25
Magnum Ventures Reports Q1 Loss, Approves Office Relocation and Paper Business Demerger
Magnum Ventures Limited reported a net loss of Rs 1,815.89 lakhs for Q1 ended June 30, despite increased revenue of Rs 11,577.15 lakhs. The company approved plans to relocate its registered office from Delhi to Uttar Pradesh and received in-principle approval to demerge its paper business. Magnum Ventures faces ongoing regulatory challenges, including SEBI penalties and market access restrictions. The company also announced partial redemption of Non-convertible Debentures and a proposal to issue new Listed Secured Non-convertible Debentures up to Rs 400 crores.
08Aug 25
Magnum Ventures Schedules Board Meeting to Review Q1 Results and Consider Company Restructuring
Magnum Ventures has scheduled a board meeting for August 13, 2025, to review Q1 financial results and consider a proposed company restructuring. The meeting will address the approval of unaudited financial results for the quarter ended June 30, 2025, and discuss potential restructuring options, including a possible demerger. The company has closed the trading window for designated persons until 48 hours after the meeting outcomes are disclosed.
07Aug 25
Magnum Ventures Promoter Extends Share Pledge for Rs 50 Crore Debenture Security
Magnum Ventures Limited's promoter, Parv Jain, has extended an existing pledge on 83,24,255 shares (12.5% of total share capital) to secure Rs 50 crores of 18% listed, secured, redeemable, non-convertible debentures. The pledged shares serve as additional security for the BB-rated debentures, with Catalyst Trusteeship Limited as the debenture trustee. The funds will be used for repaying outstanding borrowings, transaction expenses, and working capital requirements. The debentures have a detailed redemption schedule spanning from September 2025 to August 2027.
05Aug 25
Magnum Ventures Secures ₹50 Crore Through NCD Issuance, Extends Share Pledge
Magnum Ventures Limited has extended the pledge of 83,24,255 equity shares to secure an additional ₹50 crore in 18% Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs). This is in addition to the existing ₹180 crore NCDs. The security package includes pari passu charges over company assets, personal guarantees from three promoters, and cross-collateralization with existing debentures. The lender is Neo Special Credit Opportunities Fund, with Catalyst Trusteeship Limited as the debenture trustee.
Magnum Ventures
24.77
+3.90
(+18.69%)
1 Year Returns:-41.95%
Industry Peers
Malu Paper Mills
37.26
(+0.98%)
Ruchira Papers
120.72
(-0.31%)
Kuantum Papers
93.06
(-1.38%)
Magnum Ventures
24.77
(+18.69%)
JK Paper
371.10
(-0.04%)
Pakka
110.69
(-1.13%)