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Magal Healthcare Private Limited - Company Profile

It is a healthcare private limited company based in Bangalore, Karnataka, India, established in 2009.

2009 | Bangalore, Karnataka, India | Active
Last Updated:

About Magal Healthcare Private Limited

Magal Healthcare Private Limited, a active private limited company, was established on 17 December 2009 in Bangalore, Karnataka, India. Engaging in medical equipment retail & distribution within the hospital and medical care sector, it holds CIN: U33100KA2009PTC051862. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

Formerly known as Magal Engineering Company Private Limited. It upholds a compliant status. Employing 3 professional, Its leadership includes Magal Krishnaswamy Narasinga Rao (Director), Sunil Kumar (Director). Past directors included Chithra Krishnan, Sunil Kumar, Sheila Narasinga Rao. It holds ₹2.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Bhagyashree, Ground Floor, No. 264/75, 2Nd Main, 36Th Cross, 8Th Block, Jayanagar, Bangalore, Karnataka, 560070.

Company Details

  • CIN/LLPIN

    U33100KA2009PTC051862

  • Registration Number

    051862

  • Incorporation Date

    17 December 2009

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 M
  • Revenue Growth -98.36%
  • Profit Growth 0.24%
  • Ebitda -9.96%
  • Net Worth -10.91%
  • Total Assets -7.51%
Company report

Magal Healthcare Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magal Healthcare 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 Healthcare Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Magal Krishnaswamy Narasinga RaoDirector17 Dec 2009Current
Sunil KumarDirector10 Aug 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Aug 2021Past
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddDirector06 Jan 2014Past
Pramod AbcsddDirector17 May 2016Past

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Financial Performance of Magal Healthcare.

Magal Healthcare Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 98.36% decrease. The company also saw a slight improvement in profitability, with a 0.24% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.91%.

Magal Healthcare revenue growth over time
Magal Healthcare profit and loss trends over time
  • 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
-98.36%
Revenue from Operations
Total Assets
-7.51%
Profit or Loss
0.24%
Net Worth
-10.91%
EBITDA
-9.96%

What is the Ownership and Shareholding Structure of Magal Healthcare?

In 2022, Magal Healthcare had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2015Hdfc Bank Limited₹2.50 MOpen

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How Many Employees Work at Magal Healthcare?

Magal Healthcare has a workforce of 3 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 growth trends for Magal Healthcare Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magal Healthcare, 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 Healthcare'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.

Latest Updates, News, and FAQs on Magal Healthcare

Recent Activity within the Organization

  • Annual General Meeting

    The activity Magal Healthcare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

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

  • Director Appointment

    Sunil Kumar was appointed as a Director was appointed as a Director on 10 Aug 2021 & has been associated with this company since 4 years 3 months . was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.50 M with Charge ID 10577938 was registered on 30 Jun 2015. was recorded as a recent event.

  • Director Appointment

    Magal Krishnaswamy Narasinga Rao was appointed as a Director was appointed as a Director on 17 Dec 2009 & has been associated with this company since 15 years 11 months . was recorded as a recent event.

  • Company Incorporation

    The activity Magal Healthcare Private Limited was registered on 17 Dec 2009 with Roc Bangalore & aged 15 years 11 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Magal Healthcare Private Limited?

    The CIN of Magal Healthcare Private Limited is U33100KA2009PTC051862.

  • Where is Magal Healthcare Private Limited headquartered?

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

  • When was Magal Healthcare Private Limited incorporated?

    Magal Healthcare Private Limited was incorporated on 17 December 2009.

  • Who are the current directors of Magal Healthcare Private Limited?

    The current directors of Magal Healthcare Private Limited are

  • What is the primary industry of Magal Healthcare Private Limited?

    The primary industry of Magal Healthcare Private Limited is Hospital And Medical Care.

  • Is Magal Healthcare Private Limited a listed company?

    Magal Healthcare Private Limited is unlisted.

  • What is the capital structure of Magal Healthcare Private Limited?

    The authorized capital of Magal Healthcare Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

  • What is the compliance status of Magal Healthcare Private Limited?

    The compliance status of Magal Healthcare Private Limited is Compliant.

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