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Magheals Private Limited - healthcare in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹17.69 Lakh
▼ 2% YoY
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
About Magheals Private Limited
Data last updated:
Magheals Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the healthcare sector. It was incorporated on 10 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33119KA2021PTC154153.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Rajesh Katoch and Shilpee Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 198 Cmh Road 2nd Floor Suite 1379 Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.69 Lakh, a decline of 2% compared to the previous year.
The company is associated with 1 brand: MagHeals.
Magheals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0173904). For more details, the company can be reached via its website magheals.com.
Company details
CIN U33119KA2021PTC154153
Registration Number 154153
Incorporation Date 10 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0173904
Recognitions & Rankings of Magheals
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0173904
Contact details
Magheals Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address198 Cmh Road 2nd Floor Suite 1379 Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryHealthcare, Manufacturing, Other Medical And Surgical Equipment, Medical & Surgical Equipment, Orthopedic Appliances, Medical Appliances And Instruments
Comprehensive company report
Magheals Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Magheals operates one associated brand: MagHeals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Magnetic hyperthermia devices for non-invasive cancer treatment are provided. | magheals.com |
Business activity
The main business activity of Magheals is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
Financials of Magheals Private Limited
FY 2025 filings availableMagheals Private Limited reported revenue of ₹17.69 Lakh (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹17.69 Lakh ▼ 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
Revenue fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Magheals Private Limited, buy the company report.
Board of directors of Magheals Private Limited
Magheals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Katoch | Director | 10 Nov 2021 | 4 Years 11 Months | Current |
| Shilpee Jain | Director | 10 Nov 2021 | 4 Years 11 Months | Current |
| Surendra Kumar Jain | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Magheals Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sukush Auto Works Private Limited | ₹18 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Silizium Circuits Private Limited | ₹17.97 Lakh (FY 2024) | -13.0% | Ernakulam, Kerala, India | |||
| Inovaugmet Research Private Limited | ₹17.91 Lakh (FY 2025) | -33.0% | Bangalore, Karnataka, India | |||
| Demand Virtuesoft Private Limited | ₹17.85 Lakh (FY 2025) | 112.0% | Ghaziabad, Uttar Pradesh, India | |||
| Idr Research and Development Private Limited | ₹17.73 Lakh (FY 2024) | 39.0% | Greater Noida, Uttar Pradesh, India | |||
| Magheals Private Limitedthis company | ₹17.69 Lakh (FY 2024) | -2.0% | Bangalore, Karnataka, India | |||
| Saliegral Global Private Limited | ₹17.51 Lakh (FY 2022) | 963.0% | Gurugram, Haryana, India | |||
| Orcasia (OPC) Private Limited | ₹17.47 Lakh (FY 2025) | -10.0% | Delhi, India | |||
| Reagene Biosciences Private Limited | ₹17.47 Lakh (FY 2023) | -1.0% | Bengaluru, Karnataka, India | |||
| Tykhe Healthcare India Private Limited | ₹17.3 Lakh (FY 2019) | Sangareddy, Telangana, India |
To see the full peer comparison of Magheals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magheals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magheals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Magheals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magheals Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Surendra Kumar Jain ceased to be Additional Director on 29 Sep 2025.
AGM
Magheals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Surendra Kumar Jain ceased to be Additional Director.
Filing
Magheals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Surendra Kumar Jain was appointed as Director.
Ceased
Shilpee Jain ceased to be Director.
Appointed
Rajesh Katoch was appointed as Director.
Appointed
Shilpee Jain was appointed as Director.
Incorporation
10 Nov 2021
Magheals Private Limited was registered on 10 Nov 2021 with Roc Bangalore & aged 4 years 11 months as per MCA records.
Frequently asked questions
Magheals is an active private limited company based in Bangalore, Karnataka, India. The company works in manufacturing, within the healthcare industry. It was incorporated on 10 November 2021 (5+ years old) and is registered under CIN U33119KA2021PTC154153.
Magheals has 3 current directors:
- Rajesh Katoch - Director
- Shilpee Jain - Director
- Surendra Kumar Jain - Director
The latest financial statements of Magheals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Magheals is U33119KA2021PTC154153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magheals was incorporated on 10 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Magheals by revenue are Sukush Auto Works Private Limited, Silizium Circuits Private Limited, Inovaugmet Research Private Limited, Demand Virtuesoft Private Limited, Idr Research and Development Private Limited and 4 more, all in the same principal business activity (scientific research and development).
Surendra Kumar Jain ceased to be Additional Director on 29 Sep 2025. Surendra Kumar Jain was appointed as Director on 15 Oct 2024. Shilpee Jain ceased to be Director on 16 Apr 2024. Magheals has 5 board changes on record in total.
Yes, Magheals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Magheals is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0173904).
Magheals can be reached through the website magheals.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Magheals is at 198 Cmh Road 2nd Floor Suite 1379 Indiranagar, Bangalore, Karnataka, India – 560038.