About Magal Tech
Magal Tech is a company based in Kanchipuram (India).. The company has 258 employees as of April 06, 2024. Magal Tech offers products and services including Thermostats and Conrods.
- Headquarter Kanchipuram, India
- Employees 258 as on 06 Apr, 2024
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Sectors
Industrial Goods & ManufacturingAerospace, Defense & Maritime
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Email
***********
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Phone
*********
- Legal Name Magal Engg Tech Pvt Ltd
- Jurisdiction Kancheepuram District, Tamil Nadu, India
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Annual Revenue
$9.8 M (USD)26.36as on Mar 31, 2022
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Net Profit
$145.43 K (USD)135.03as on Mar 31, 2022
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EBITDA
$1.34 M (USD)46.25as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
258
as on Apr 06, 2024
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Products & Services of Magal Tech
Magal Tech offers a comprehensive portfolio of products and services, including Thermostats and Conrods. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Thermostats are manufactured for automotive cooling systems
Conrods and other mechanical assemblies are produced for engineering and aerospace uses
Funding Insights of Magal Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Magal Tech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Magal Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magal Tech Comparisons
Competitors of Magal Tech
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Magal Tech
Where is Magal Tech located?
Magal Tech is headquartered in Kanchipuram, India. It is registered at Kanchipuram, Tamil Nadu, India.
How many employees does Magal Tech have?
As of Apr 06, 2024, the latest employee count at Magal Tech is 258.
What is the annual revenue of Magal Tech?
Annual revenue of Magal Tech is $9.8M as on Mar 31, 2022.
What does Magal Tech do?
Magal Engg Tech , Operating As Magal Tech, Was Established In 2006 Through Collaboration With Magal Engineering, Uk, And Is Recognized For Its Role As A Tier-1 Supplier. Manufacturing Of Thermostats, Conrods, Scissor Jacks, And Precision Parts Is Conducted At The Facility In Oragadam, Near Chennai, Tamil Nadu, India, Serving Automotive, Engineering, And Aerospace Sectors. Certifications Such As Iso 14001, Iatf 16949, And As9100d Are Maintained To Uphold Quality Standards. The Company Focuses On Precision Manufacturing For Various Applications.
What products or services does Magal Tech offer?
Magal Tech offers Thermostats and Conrods.