Magnum Ventures Senior Engineer Salaries by 4 Employees (Updated 2025)

13 - 26 years exp.

₹6.2 Lakhs - ₹6.6 Lakhs

Salary of majority employees

31% less than the average Senior Engineer Salary in Pulp & Paper Companies for 13 - 26 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Magnum Ventures for Senior Engineer

Company name	Avg Annual Salary	Open Jobs
JK Paper Senior Engineer Salary 3 - 10 years exp. (67 salaries)	₹5 L/yr - ₹10.5 L/yr 16% more
Khanna Paper Mills Senior Engineer Salary 5 - 14 years exp. (22 salaries)	₹5.1 L/yr - ₹9 L/yr 8% more
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Emami Paper Mills Senior Engineer Salary 8 - 16 years exp. (13 salaries)	₹4.6 L/yr - ₹7.2 L/yr 11% less
Shreyans Industries Senior Engineer Salary 6 - 13 years exp. (6 salaries)	₹3.9 L/yr - ₹5.5 L/yr 24% less
Satia Industries Senior Engineer Salary 5 - 13 years exp. (5 salaries)	₹5.4 L/yr - ₹6.2 L/yr 3% less
K.R.Pulp & Papers Senior Engineer Salary 4 - 10 years exp. (5 salaries)	₹5 L/yr - ₹7.2 L/yr 14% less
The West Coast Paper Mills Senior Engineer Salary 8 - 12 years exp. (5 salaries)	₹5 L/yr - ₹8 L/yr At par
Orient Paper Mill Senior Engineer Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.9 L/yr 31% less
Ruchira Papers Senior Engineer Salary 11 - 12 years exp. (4 salaries)	₹6.5 L/yr - ₹7 L/yr 5% more
Shree Rama Newsprint Senior Engineer Salary 3 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹7.8 L/yr 1% more
Kuantum Papers Senior Engineer Salary 9 - 10 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr At par
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Chadha Papers Senior Engineer Salary 6 - 12 years exp. (4 salaries)	₹5.2 L/yr - ₹9 L/yr 14% more
Andhra Paper Senior Engineer Salary 2 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹6 L/yr 10% less
Century Textiles and Industries Senior Engineer Salary 4 - 13 years exp. (3 salaries)	₹5.3 L/yr - ₹8.3 L/yr 7% more
Star Paper Mills Senior Engineer Salary 9 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 14% less
Pudumjee Paper Products Senior Engineer Salary 5 - 9 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr 7% less

Senior Engineer salary at Magnum Ventures ranges between ₹6.2 Lakhs to ₹6.6 Lakhs per year for employees with experience between 13 years to 26 years. Salary estimates are based on 4 latest salaries received from various employees of Magnum Ventures.

Experience wise Magnum Ventures Senior Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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15+ years (3 salaries)	₹6.2 L/yr - ₹6.6 L/yr

Similar Designation salaries in Magnum Ventures

Civil Engineer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Magnum Ventures

Assistant Manager- Purchase in Ghaziabad

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Procurement & Supply Chain Department

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• posted on 27 Jun 2024

1.0

for Salary and Benefits

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Nothing is there to like. Worst company culture of my whole career.

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Salary on month End. No appreciation No Promotion No Learning except Chaplosi No Leave, even on Voting, Public Holiday, No Bonus, No Diwali Gift, No way to Talking, Worst HR

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Magnum Ventures Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Magnum Ventures ?

The average salary of a Senior Engineer at Magnum Ventures in India typically ranges from ₹6.2 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 13 years to 26 years).

The top 10% of Senior Engineer at Magnum Ventures earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Senior Engineer Salaries at Magnum Ventures can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Magnum Ventures employees in India.

What is the estimated take home salary of a Senior Engineer at Magnum Ventures in India?

The estimated take-home salary of a Senior Engineer at Magnum Ventures in India typically ranges from ₹48,810 to ₹49,964 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 13 years to 26 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magnum Ventures. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magnum Ventures for Senior Engineer in India?

JK Paper	₹5.0 Lakhs to ₹10.5 Lakhs per year
Chadha Papers	₹5.2 Lakhs to ₹9.0 Lakhs per year
Khanna Paper Mills	₹5.1 Lakhs to ₹9.0 Lakhs per year
Century Textiles and Industries	₹5.3 Lakhs to ₹8.3 Lakhs per year
Ruchira Papers	₹6.5 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnum Ventures, depending on the role and experience level.

What is the salary of a Senior Engineer in companies similar to Magnum Ventures in India?

The salary of a Senior Engineer at companies similar to Magnum Ventures in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shree Rama Newsprint	₹5.5 Lakhs to ₹7.8 Lakhs per year
The West Coast Paper Mills	₹5.0 Lakhs to ₹8.0 Lakhs per year
Kuantum Papers	₹6.0 Lakhs to ₹7.0 Lakhs per year
Satia Industries	₹5.4 Lakhs to ₹6.2 Lakhs per year
Pudumjee Paper Products	₹5.0 Lakhs to ₹7.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Engineer at Magnum Ventures in India?

The salary growth for a Senior Engineer at Magnum Ventures depends on factors such as experience, performance, and promotions. On average, a Senior Engineer can expect the following growth trajectory at Magnum Ventures:

Experience	Average Salary Range
13 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
15 years	₹6.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Magnum Ventures Senior Engineer Salaries

Magnum Ventures Senior Engineer salary in India ranges between ₹6.2 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magnum Ventures latest salaries received from various employees of Magnum Ventures.