- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-06-0003129

Mag Tee Pvt Ltd
About Mag Tee Pvt Ltd
Data last updated:
Mag Tee Pvt Ltd is a private limited company based in Siliguri, West Bengal, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 26 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1995PTC073153. Its GSTIN is 19AACCM0412D1Z3 (West Bengal).
The company has an authorised share capital of ₹1.22 Cr and a paid-up capital of ₹1.22 Cr. It is led by directors including Bipan Syngal and Meenakshi Syngal.
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 Premium Apartment2Nd Floor Punjabi Para, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.21 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹33 Lakh (net margin 1.2%) and EBITDA of ₹1.61 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹7.15 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Mag Tee Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0003129). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mag Tee
Contact details
Mag Tee Pvt Ltd's registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPremium Apartment2Nd Floor Punjabi Para, Siliguri, West Bengal, India – 734001
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Mag Tee Pvt Ltd, 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
Business activity
The main business activity of Mag Tee is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Mag Tee Pvt Ltd, buy the company report.
Financials of Mag Tee Pvt Ltd
FY 2025 filings availableMag Tee Pvt Ltd reported revenue of ₹28.21 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 48% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.61 Cr | ||||
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| Net Profit (PAT) | ₹33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mag Tee Pvt Ltd, buy the company report.
Board of directors of Mag Tee Pvt Ltd
Mag Tee has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipan Syngal | Director | 26 Oct 2005 | 21 Years 0 Months | Current |
| Meenakshi Syngal Also directs: Quantum Beverages Private Limited | Director | 01 Jul 2005 | 21 Years 3 Months | Current |
| Ashish Syngal | Director | 01 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Mag Tee Pvt Ltd is compared with the 7 companies closest to it by revenue in the Agriculture industry (Tea and Coffee), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dinajpur Agrofood Private Limited | ₹28.42 Cr (FY 2025) | 75.0% | Uttar Dinajpur, West Bengal, India | |||
| Shikarpur & Bhandapur Tea Estates Private Limited | ₹28.37 Cr (FY 2025) | 35.0% | Kolkata, West Bengal, India | |||
| Mag Tee Pvt Ltdthis company | ₹28.21 Cr (FY 2025) | ₹33 Lakh | 1.2% | 48.0% | 22 | Siliguri, West Bengal, India |
| Giriraj Plantations Private Limited | ₹28.17 Cr (FY 2025) | 10.0% | West Bengal, India | |||
| Suraj Govind Estates Private Limited | ₹28.11 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India | |||
| Sayedabad Tea Co Ltd | ₹28 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| N P S Cold Storage Private Limited | ₹28 Cr (FY 2025) | 8.0% | Siliguri, West Bengal, India | |||
| Jagshakti Tea & Agro Private Limited | ₹27.98 Cr (FY 2025) | 12.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Mag Tee Pvt Ltd, buy the company report.
Auditor
Mag Tee Pvt Ltd is audited by MANISH SARAOGI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH SARAOGI & ASSOCIATES | FY 2023 | 324615E |
Shareholding
The shareholding of Mag Tee Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mag Tee Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2023 | 100728560 | Hdfc Bank Limited | ₹15.97 Lakh | Open | |
| 27 Jan 2023 | 100723696 | Hdfc Bank Limited | ₹15.32 Lakh | Open | |
| 04 Oct 2017 | 100144168 | Hdfc Bank Limited | ₹9.36 Cr | Open | |
| 09 Dec 2016 | 100077098 | Hdfc Bank Limited | ₹9.36 Cr | Open | |
| 09 Dec 2016 | 100099994 | Hdfc Bank Limited | ₹4.86 Cr | Open |
To see the full charge records of Mag Tee Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Mag Tee Pvt Ltd has 4 court cases on record: 3 filed by Mag Tee, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
| High Court | Company petition | Filed against the company by an individual | Disposed |
| High Court | Court case (EC) | Filed by the company against an individual | Disposed |
To see the full case history of Mag Tee Pvt Ltd, 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 Mag Tee Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mag Tee Pvt Ltd has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mag Tee has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCM0412D1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mag Tee Pvt Ltd, buy the company report.
Recent activity
Mag Tee Pvt Ltd has 7 board changes on record since 2005: 5 appointments and 2 cessations. The latest: Dinesh Gupta ceased to be Director on 29 Dec 2011.
16 earlier events are in the company report.
Frequently asked questions
Mag Tee is an active private limited company based in Siliguri, West Bengal, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 26 July 1995 (31+ years old) and is registered under CIN U51109WB1995PTC073153.
Mag Tee has 3 current directors:
- Bipan Syngal - Director
- Meenakshi Syngal - Director
- Ashish Syngal - Director
The latest financial statements of Mag Tee 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 2015 are in the company report.
The GSTIN of Mag Tee is 19AACCM0412D1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Mag Tee is U51109WB1995PTC073153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mag Tee has 4 court cases on record: 3 filed by the company and 1 filed against it.
Mag Tee was incorporated on 26 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mag Tee by revenue are Dinajpur Agrofood Private Limited, Shikarpur & Bhandapur Tea Estates Private Limited, Giriraj Plantations Private Limited, Suraj Govind Estates Private Limited, Sayedabad Tea Co Ltd and 2 more, all in the Agriculture industry (Tea and Coffee), with the same principal business activity (food, beverages and tobacco products).
Dinesh Gupta ceased to be Director on 29 Dec 2011. Ashish Syngal was appointed as Director on 01 Aug 2010. Anil Kumar Syngal ceased to be Director on 17 Nov 2009. Mag Tee has 7 board changes on record in total.
Yes, Mag Tee is registered as a small enterprise under Udyam registration (number: UDYAM-WB-06-0003129).
The registered office of Mag Tee is at Premium Apartment2Nd Floor Punjabi Para, Siliguri, West Bengal, India – 734001.