Magal Engg. Tech Private Limited - Company Profile

It is a automotive private limited company based in Kancheepuram District, Tamil Nadu, India, established in 2006.
2006 Kancheepuram District, Tamil Nadu, India Active
Last Updated:
Access Report
About Magal Engg. Tech Private Limited

Magal Engg. Tech Private Limited, a active private limited company, was established on 03 May 2006 in Kancheepuram District, Tamil Nadu, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U34300TN2006PTC059709. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹35.82 Cr.

It upholds a compliant status. Employing 258 professional, Its leadership includes Uppuswamy Venkatesh (Director), Vasanthi (Director). Past directors included Uppuswamy Venkatesh, Woolford David John, Manickam Sivakumar. It holds ₹70.48 Cr open charges and ₹30.30 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No.A-3, Sipcot Industrial Growth Centre Oragadam, Mathur Village Post, Sriperumb, Udur Taluk, Kancheepuram District, Tamil Nadu, 602105.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U34300TN2006PTC059709

  • Registration Number

    059709

  • Incorporation Date

    03 May 2006

  • Authorized Capital

    ₹40.00 Cr

  • Paid-Up Capital

    ₹35.82 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 35.82 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.48 Cr
  • Satisfied Charges ₹ 30.30 Cr
  • Revenue Growth **** 26.36%
  • Profit Growth **** 135.03%
  • Ebitda **** 46.25%
  • Net Worth 129.89%
  • Total Assets -10.95%
Company report

Magal Engg. Tech Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magal Engg. Tech Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Magal Engg. Tech Private Limited?
Current Directors
Name Designation Appointment Date Status
Uppuswamy Venkatesh Director 20 Feb 2010 Current
Vasanthi Director 06 Nov 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 15 Sep 2011 Past
Pramod Abcsdd Director 10 May 2017 Past
Pramod Abcsdd Managing Director 03 Mar 2016 Past
Pramod Abcsdd Whole-Time Director 22 Feb 2017 Past
Pramod Abcsdd Director 10 May 2017 Past
Pramod Abcsdd Director 25 Mar 2025 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Magal Engg. Tech.

Magal Engg. Tech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.36% increase. The company also saw a substantial improvement in profitability, with a 135.03% increase in profit. The company's net worth Soared by an impressive increase of 129.89%.

Magal Engg. Tech revenue growth over time
Magal Engg. Tech profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 26.36%
*******
*******
*******
*******
Revenue from Operations
*******
 26.58%
*******
*******
*******
*******
Total Assets
*******
 -10.95%
*******
*******
*******
*******
Profit or Loss
*******
 135.03%
*******
*******
*******
*******
Net Worth
*******
 129.89%
*******
*******
*******
*******
EBITDA
*******
 46.25%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Magal Engg. Tech?

In 2022, Magal Engg. Tech had a promoter holding of 52.17% and a public holding of 47.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹704,800,000.00

Satisfied Charges

₹303,000,000.00

Charges Breakdown by Lending Institutions
  • Indian Overseas Bank : 55.48 Cr
  • Others : 15.00 Cr
Latest Charge Details
Date Lender Amount Status
06 Jan 2025 Others ₹15.00 Cr Open
16 Aug 2012 Indian Overseas Bank ₹55.48 Cr Open
30 Jun 2010 Reliance Consumer Finance Private Limited ₹14.00 Cr Satisfied
25 Feb 2008 Axis Bank Limited ₹15.80 Cr Satisfied
05 Jul 2007 Canara Bank ₹5.00 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Magal Engg. Tech?

Magal Engg. Tech has a workforce of 258 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magal Engg. Tech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magal Engg. Tech's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Magal Engg. Tech
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101035816 was registered on 06 Jan 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Magal Engg. Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Magal Engg. Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    The activity A charge with Indian Overseas Bank of Rs. 55.48 Cr registered on 16 Aug 2012 with Charge ID 10375569 was modified on 30 Dec 2023. was completed.

  • Director Appointment

    The activity Priyanka Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 19 Feb 2021 & has been associated with this company since 5 years 4 days . was completed.

  • Director Appointment

    The activity Vasanthi was appointed as a Director was appointed as a Director on 06 Nov 2020 & has been associated with this company since 5 years 3 months . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Magal Engg. Tech Private Limited?

The CIN of Magal Engg. Tech Private Limited is U34300TN2006PTC059709.

Where is Magal Engg. Tech Private Limited headquartered?

Magal Engg. Tech Private Limited is headquartered at Plot No.A-3, Sipcot Industrial Growth Centre Oragadam, Mathur Village Post, Sriperumb, Udur Taluk, Kancheepuram District, Tamil Nadu, 602105.

When was Magal Engg. Tech Private Limited incorporated?

Magal Engg. Tech Private Limited was incorporated on 03 May 2006.

Who are the current directors of Magal Engg. Tech Private Limited?

The current directors of Magal Engg. Tech Private Limited are

What is the primary industry of Magal Engg. Tech Private Limited?

The primary industry of Magal Engg. Tech Private Limited is Manufacturing.

Is Magal Engg. Tech Private Limited a listed company?

Magal Engg. Tech Private Limited is unlisted.

What is the capital structure of Magal Engg. Tech Private Limited?

The authorized capital of Magal Engg. Tech Private Limited is ₹40.00 Cr, and the paid-up capital is ₹35.82 Cr.

What is the compliance status of Magal Engg. Tech Private Limited?

The compliance status of Magal Engg. Tech Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available