Magal Engineering Co India Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 1999.
1999 Bangalore, Karnataka, India Active
Last Updated:
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About Magal Engineering Co India Private Limited

Magal Engineering Co India Private Limited, a active private limited company, was established on 01 September 1999 in Bangalore, Karnataka, India. Engaging in industrial machinery retail & distribution within the manufacturing sector, it holds CIN: U02922KA1999PTC025662. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.74 M.

Formerly known as Magal Lvd India Private Limited, Magal Engineering Co. Private Limited. It upholds a compliant status. Employing 7 professional, Its leadership includes Skanda Narasinga Rao Magal (Additional Director), Magal Krishnaswamy Narasinga Rao (Managing Director), Sheila Narasinga Rao (Director). Past directors included Gururaj Agnihotri. It holds ₹1.07 Cr open charges and ₹2.69 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Bhagyashree, 2Nd Floor, No. 264/75, 2Nd Main, 36Th Cross, 8Th Block, Jayanagar, Bangalore, Karnataka, 560070.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U02922KA1999PTC025662

  • Registration Number

    025662

  • Incorporation Date

    01 September 1999

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.74 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.74 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.07 Cr
  • Satisfied Charges ₹ 2.69 Cr
  • Revenue Growth **** -40.19%
  • Profit Growth **** -19.40%
  • Ebitda **** 157.87%
  • Net Worth 95.77%
  • Total Assets -4.92%
Company report

Magal Engineering Co India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

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Who are the key members and board of directors at Magal Engineering Co India Private Limited?
Current Directors
Name Designation Appointment Date Status
Skanda Narasinga Rao Magal Additional Director 19 May 2025 Current
Magal Krishnaswamy Narasinga Rao Managing Director 01 Sep 1999 Current
Sheila Narasinga Rao Director 01 Sep 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Jul 2017 Past

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Financial Performance of Magal Engineering Co India.

Magal Engineering Co India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.19% decrease. The company also saw a substantial fall in profitability, with a 19.4% decrease in profit. The company's net worth Soared by an impressive increase of 95.77%.

Magal Engineering Co India revenue growth over time
Magal Engineering Co India 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
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 -40.19%
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Revenue from Operations
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 -44.02%
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Total Assets
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 -4.92%
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Profit or Loss
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 -19.40%
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Net Worth
*******
 95.77%
*******
*******
*******
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EBITDA
*******
 157.87%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magal Engineering Co India?

In 2023, Magal Engineering Co India had a public holding of 2.44%. 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

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Charges (Loans)
Open Charges

₹10,657,769.00

Satisfied Charges

₹26,872,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 1.07 Cr
Latest Charge Details
Date Lender Amount Status
15 Jun 2024 Hdfc Bank Limited ₹1.80 M Open
23 Aug 2021 Hdfc Bank Limited ₹0.86 M Open
23 Jul 2014 Hdfc Bank Limited ₹8.00 M Open
30 Mar 2013 Intec Capital Limited ₹7.00 M Satisfied
10 Aug 2011 Hdfc Bank Limited ₹9.50 M Satisfied

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How Many Employees Work at Magal Engineering Co India?

Magal Engineering Co India has a workforce of 7 employees as of Mar 23, 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 Engineering Co India, 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 Engineering Co India'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.

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Latest Updates, News, and FAQs on Magal Engineering Co India
Recent Activity within the Organization
  • Director Appointment

    The activity Skanda Narasinga Rao Magal was appointed as a Additional Director was appointed as a Additional Director on 19 May 2025 & has been associated with this company since 9 months 17 days . was completed.

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101048269 was registered on 15 Jun 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Magal Engineering Co India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100504876 was registered on 23 Aug 2021. was recorded as a recent event.

  • Charges

    The activity A charge registered on 10 Aug 2011 via Charge ID 10346597 with Hdfc Bank Limited was fully satisfied on 02 Dec 2020. was completed.

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Frequently Asked Questions
What is the CIN of Magal Engineering Co India Private Limited?

The CIN of Magal Engineering Co India Private Limited is U02922KA1999PTC025662.

Where is Magal Engineering Co India Private Limited headquartered?

Magal Engineering Co India Private Limited is headquartered at Bhagyashree, 2Nd Floor, No. 264/75, 2Nd Main, 36Th Cross, 8Th Block, Jayanagar, Bangalore, Karnataka, 560070.

When was Magal Engineering Co India Private Limited incorporated?

Magal Engineering Co India Private Limited was incorporated on 01 September 1999.

Who are the current directors of Magal Engineering Co India Private Limited?

The current directors of Magal Engineering Co India Private Limited are

What is the primary industry of Magal Engineering Co India Private Limited?

The primary industry of Magal Engineering Co India Private Limited is Manufacturing.

Is Magal Engineering Co India Private Limited a listed company?

Magal Engineering Co India Private Limited is unlisted.

What is the capital structure of Magal Engineering Co India Private Limited?

The authorized capital of Magal Engineering Co India Private Limited is ₹1.00 Cr, and the paid-up capital is ₹9.74 M.

What is the compliance status of Magal Engineering Co India Private Limited?

The compliance status of Magal Engineering Co India Private Limited is Compliant.

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