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.
U02922KA1999PTC025662
025662
01 September 1999
₹1.00 Cr
₹9.74 M
Roc Bangalore
Unlisted
Active
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| 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 |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 27 Jul 2017 | Past |
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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%.
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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.
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₹10,657,769.00
₹26,872,000.00
| 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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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.
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.
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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.
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 6 months 15 days . was completed.
The activity Magal Engineering Co India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
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.
Magal Engineering Co India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100504876 was registered on 23 Aug 2021. was documented.
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.
The CIN of Magal Engineering Co India Private Limited is U02922KA1999PTC025662.
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.
Magal Engineering Co India Private Limited was incorporated on 01 September 1999.
The current directors of Magal Engineering Co India Private Limited are
The primary industry of Magal Engineering Co India Private Limited is Manufacturing.
Magal Engineering Co India Private Limited is unlisted.
The authorized capital of Magal Engineering Co India Private Limited is ₹1.00 Cr, and the paid-up capital is ₹9.74 M.
The compliance status of Magal Engineering Co India Private Limited is Compliant.
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