MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0030351
Mag Tech Process Equipments Private Limited - machinery and equipment in Greater Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.89 Cr
▲ 4% YoY
Net profit · FY 2024
₹12.55 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.62 Cr
EBITDA margin 8.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹7.38 Cr
Satisfied ₹1.24 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
24
Provident fund records
About Mag Tech Process Equipments Private Limited
Data last updated:
Mag Tech Process Equipments Private Limited is a private limited company based in Greater Noida, Uttar Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U29220UP2008PTC114603. Its GSTIN is 09AAFCM6216L1Z6 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Riazuddin Tomar and Parveen Hashmi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 320 – 321 Ecotech – 1 Extension, Greater Noida, Uttar Pradesh, India – 201306.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.89 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹12.55 Lakh (net margin 0.6%) and EBITDA of ₹1.62 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.38 Cr and satisfied charges of ₹1.24 Cr on record. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹78.5 Lakh; the latest was in October 2021. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Iaec (Calcutta) Pvt.Ltd. with revenue of ₹19.94 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 19 overdue payments to 7 micro and small suppliers.
Mag Tech Process Equipments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0030351). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magtechprocess.com.
Company details
CIN U29220UP2008PTC114603
Registration Number 114603
Incorporation Date 24 June 2008
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0030351
CIN history
Mag Tech Process Equipments has one previous CIN (Corporate Identification Number): U29220DL2008PTC179975. The current CIN is U29220UP2008PTC114603, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29220UP2008PTC114603 | Current |
| U29220DL2008PTC179975 | Previous |
Key People
Riazuddin Tomar Director Parveen Hashmi Director Recognitions & Rankings of Mag Tech Process Equipments
Contact details
Mag Tech Process Equipments Private Limited's registered office is in Greater Noida, Uttar Pradesh. Its website is magtechprocess.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 320 – 321 Ecotech – 1 Extension, Greater Noida, Uttar Pradesh, India – 201306
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Mag Tech Process Equipments Private Limited, buy the company report.
Comprehensive company report
Mag Tech Process Equipments 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mag Tech Process Equipments is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mag Tech Process Equipments Private Limited, buy the company report.
Financials of Mag Tech Process Equipments Private Limited
FY 2024 filings availableMag Tech Process Equipments Private Limited reported revenue of ₹19.89 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹19.89 Cr ▲ 4%
Net profit · FY 2024
₹12.55 Lakh margin 0.6%
EBITDA · FY 2024
₹1.62 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 45%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 4% growth in the latest year. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.55 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mag Tech Process Equipments Private Limited, buy the company report.
Board of directors of Mag Tech Process Equipments Private Limited
Mag Tech Process Equipments has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riazuddin Tomar | Director | 24 Jun 2008 | 18 Years 4 Months | Current |
| Parveen Hashmi | Director | 24 Jun 2008 | 18 Years 4 Months | Current |
Peer comparison
Mag Tech Process Equipments Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iaec (Calcutta) Pvt.Ltd. | ₹19.94 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Acme Process Heat Furnaces Private Limited | ₹19.9 Cr (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| Mag Tech Process Equipments Private Limitedthis company | ₹19.89 Cr (FY 2024) | ₹12.55 Lakh | 0.6% | 4.0% | 24 | Greater Noida, Uttar Pradesh, India |
| Yogashri Heavy Engineering Private Limited | ₹19.82 Cr (FY 2025) | -16.0% | Ambattur, Madras 600 053, Tamil Nadu, India | |||
| Savita Cylinders Private Limited | ₹19.77 Cr (FY 2025) | 310.0% | Muzaffarnagar, Uttar Pradesh, India |
To see the full peer comparison of Mag Tech Process Equipments Private Limited, buy the company report.
Auditor
Mag Tech Process Equipments Private Limited is audited by GARG & AGARWAL Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG & AGARWAL Chartered Accountants | FY 2023 | 020073N |
Shareholding
The shareholding of Mag Tech Process Equipments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mag Tech Process Equipments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.38 Cr
Satisfied charges
₹1.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2024 | 100891569 | State Bank of India | ₹29 Lakh | Open | |
| 11 Jun 2013 | 10435107 | State Bank of India | ₹9.65 Lakh | Open | |
| 28 May 2011 | 10292250 | State Bank of India | ₹6.99 Cr | Open | |
| 21 Jun 2018 | 100185925 | Others | ₹12 Lakh | Satisfied | |
| 27 Mar 2010 | 10215644 | Vijaya Bank | ₹12 Lakh | Satisfied |
To see the full charge records of Mag Tech Process Equipments Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Mag Tech Process Equipments Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹78.5 Lakh; the latest was in October 2021.
Total deals
5
Funding rounds
3
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹78.5 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹81 Lakh | Investors: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Samman Trading Private Limited , Renee Trading Private Limited |
| Mar 2012 | Funding round | ₹38.5 Lakh | Investors: an individual |
| Dec 2010 | Funding round | ₹24 Lakh | Investors: Renee Trading Private Limited , Samman Trading Private Limited |
| Mar 2009 | Funding round | ₹16 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mag Tech Process Equipments 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
Mag Tech Process Equipments Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 19 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arora Industrial Traders Private Limited | |||
| an individual supplier | |||
| DBP Engineering Works Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mag Tech Process Equipments Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mag Tech Process Equipments Private Limited has a workforce of 24 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-27.27%
GST
Mag Tech Process Equipments has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCM6216L1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mag Tech Process Equipments Private Limited, buy the company report.
Recent activity
Mag Tech Process Equipments Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Parveen Hashmi was appointed as Director on 24 Jun 2008.
AGM
Mag Tech Process Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mag Tech Process Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with State Bank Of India amounted to Rs. 0.29 Cr with Charge ID 100891569 was registered on 18 Feb 2024.
Charges
A charge with State Bank Of India of Rs. 6.99 Cr registered on 28 May 2011 with Charge ID 10292250 was modified on 30 Jan 2024.
Charges
A charge registered on 21 Jun 2018 via Charge ID 100185925 with Others was fully satisfied on 20 Oct 2020.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100185925 was registered on 21 Jun 2018.
Charges
A charge with State Bank Of India amounted to Rs. 0.10 Cr with Charge ID 10435107 was registered on 11 Jun 2013.
Charges
A charge registered on 27 Mar 2010 via Charge ID 10215644 with Vijaya Bank was fully satisfied on 21 Jun 2011.
Charges
A charge registered on 26 Oct 2009 via Charge ID 10185790 with Vijaya Bank was fully satisfied on 21 Jun 2011.
Charges
A charge with State Bank Of India amounted to Rs. 6.99 Cr with Charge ID 10292250 was registered on 28 May 2011.
Charges
A charge with Vijaya Bank of Rs. 1.00 Cr registered on 26 Oct 2009 with Charge ID 10185790 was modified on 30 Mar 2011.
Charges
A charge with Vijaya Bank amounted to Rs. 0.12 Cr with Charge ID 10215644 was registered on 27 Mar 2010.
4 earlier events are in the company report.
Frequently asked questions
Mag Tech Process Equipments is an active private limited company based in Greater Noida, Uttar Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 June 2008 (18+ years old) and is registered under CIN U29220UP2008PTC114603.
Mag Tech Process Equipments has 2 current directors:
- Riazuddin Tomar - Director
- Parveen Hashmi - Director
The latest financial statements of Mag Tech Process Equipments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mag Tech Process Equipments is 09AAFCM6216L1Z6, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mag Tech Process Equipments is U29220UP2008PTC114603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mag Tech Process Equipments was incorporated on 24 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.
Mag Tech Process Equipments has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹78.5 Lakh; the latest was in October 2021.
The peers of Mag Tech Process Equipments by revenue are Iaec (Calcutta) Pvt.Ltd, Acme Process Heat Furnaces Private Limited, Yogashri Heavy Engineering Private Limited, Savita Cylinders Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Parveen Hashmi was appointed as Director on 24 Jun 2008. Riazuddin Tomar was appointed as Director on 24 Jun 2008.
Yes, Mag Tech Process Equipments is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0030351).
Mag Tech Process Equipments has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 19 overdue payments to 7 micro and small suppliers. The latest return was filed on 21 Sep 2021.
Mag Tech Process Equipments can be reached through the website magtechprocess.com. Its registered office is in Greater Noida, Uttar Pradesh, India.