- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-11-0001737

About Indo-Tech Magnetics Private Limited
Data last updated:
Indo-Tech Magnetics Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 17 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31500DL2011PTC215997. Its GSTIN is 06AACCI5673E1ZN (Haryana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹8.4 Lakh. It is led by directors including Neeraj Bharara and Jyoti Bharara.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 61 Mayapuri Industrial Area Phase – I, New Delhi, Delhi, India – 110064.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.69 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹38.59 Lakh (net margin 0.8%) and EBITDA of ₹1.66 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 16% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indo-Tech Magnetics. As per MCA filings, the company has open charges of ₹15.77 Cr and satisfied charges of ₹6.81 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending.
Indo-Tech Magnetics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0001737). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indo-techmagnetics.com.
Company details
Recognitions & Rankings of Indo-Tech Magnetics
Contact details
Indo-Tech Magnetics Private Limited's registered office is in New Delhi, Delhi. Its website is indo-techmagnetics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 61 Mayapuri Industrial Area Phase – I, New Delhi, Delhi, India – 110064
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Indo-Tech Magnetics Private Limited, buy the company report.
- 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
Brands
Indo-Tech Magnetics operates one associated brand: Indo-Tech Magnetics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of wound components and electrical products for various industries. | indo-techmagnetics.com |
Business activity
The main business activity of Indo-Tech Magnetics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Indo-Tech Magnetics Private Limited, buy the company report.
Financials of Indo-Tech Magnetics Private Limited
FY 2025 filings availableIndo-Tech Magnetics Private Limited reported revenue of ₹50.69 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.66 Cr | ||||
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| Net Profit (PAT) | ₹38.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Indo-Tech Magnetics Private Limited, buy the company report.
Board of directors of Indo-Tech Magnetics Private Limited
Indo-Tech Magnetics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Bharara Also directs: Sphere Infraventures LLP, A S Graphics Private Limited, Infusion Innovations Private Limited and 5 more | Director | 17 Mar 2011 | 15 Years 7 Months | Current |
| Jyoti Bharara Also directs: Aggressive-Jsk Tactical Solutions LLP | Director | 17 Mar 2011 | 15 Years 7 Months | Current |
| Neelam Bharara | Director | 17 Mar 2011 | 15 Years 7 Months | Current |
| Anirudh Bharara | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Indo-Tech Magnetics Private Limited is compared with the 6 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Melcon Controls Private Limited | ₹50.89 Cr (FY 2024) | 86.0% | Sriperumbudur, Tamil Nadu, India | |||
| Alfa Transformers Limited | ₹50.78 Cr (FY 2025) | -1.0% | Bhubaneswar, Odisha, India | |||
| Indo-Tech Magnetics Private Limitedthis company | ₹50.69 Cr (FY 2024) | ₹38.59 Lakh | 0.8% | -10.0% | 56 | New Delhi, Delhi, India |
| Orbit Electromech India Private Limited | ₹50.66 Cr (FY 2024) | 3633.0% | Aurangabad, Maharashtra, India | |||
| Sheetsol Private Limited | ₹50.58 Cr (FY 2025) | 48.0% | Dharsiwa, Chhattisgarh, India | |||
| Vidata Powertech Limited | ₹50.58 Cr (FY 2025) | 136.0% | Pune, Maharashtra, India | |||
| Transgear Power Systems Private Limited | ₹50.45 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Indo-Tech Magnetics Private Limited, buy the company report.
Auditor
Indo-Tech Magnetics Private Limited is audited by HAMESH MADAAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HAMESH MADAAN & ASSOCIATES | FY 2023 | 017610N |
Shareholding
The shareholding of Indo-Tech Magnetics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indo-Tech Magnetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2024 | 100932562 | Hdfc Bank Limited | ₹31 Lakh | Open | |
| 17 Feb 2024 | 100904884 | Hdfc Bank Limited | ₹20.28 Lakh | Open | |
| 20 May 2022 | 100582160 | Others | ₹39.6 Lakh | Open | |
| 28 Oct 2021 | 100501974 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 20 Mar 2021 | 100466563 | Others | ₹71 Lakh | Open |
To see the full charge records of Indo-Tech Magnetics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Indo-Tech Magnetics Private Limited has 5 court cases on record: 5 filed by Indo-Tech Magnetics. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 4 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against Axiom Energy Conversion Ltd | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against Malak Exim Pvt Ltd and 2 others | Disposed |
To see the full case history of Indo-Tech Magnetics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indo-Tech Magnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indo-Tech Magnetics Private Limited has a workforce of 56 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Indo-Tech Magnetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCI5673E1ZN | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indo-Tech Magnetics Private Limited, buy the company report.
Recent activity
Indo-Tech Magnetics Private Limited has 6 board changes on record since 2011: 5 appointments and 1 cessation. The latest: Anirudh Bharara was appointed as Director on 21 Sep 2020.
7 earlier events are in the company report.
Frequently asked questions
Indo-Tech Magnetics is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 17 March 2011 (15+ years old) and is registered under CIN U31500DL2011PTC215997.
Indo-Tech Magnetics has 4 current directors:
- Neeraj Bharara - Director
- Jyoti Bharara - Director
- Neelam Bharara - Director
- Anirudh Bharara - Director
The latest financial statements of Indo-Tech Magnetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indo-Tech Magnetics is 06AACCI5673E1ZN, registered in Haryana.
The CIN (Corporate Identification Number) of Indo-Tech Magnetics is U31500DL2011PTC215997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo-Tech Magnetics has 5 court cases on record: 5 filed by the company. 4 are pending.
Indo-Tech Magnetics was incorporated on 17 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Indo-Tech Magnetics by revenue are Melcon Controls Private Limited, Alfa Transformers Limited, Orbit Electromech India Private Limited, Sheetsol Private Limited, Vidata Powertech Limited and 1 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anirudh Bharara was appointed as Director on 21 Sep 2020. Satpal Bharara ceased to be Director on 20 May 2020. Jyoti Bharara was appointed as Director on 17 Mar 2011. Indo-Tech Magnetics has 6 board changes on record in total.
Yes, Indo-Tech Magnetics is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-11-0001737).
Indo-Tech Magnetics can be reached through the website indo-techmagnetics.com. Its registered office is in New Delhi, Delhi, India.