About Magal Security Systems (India) Limited
Data last updated: 30 December 2025
Magal Security Systems (India) Limited is a public limited foreign company incorporated in india based in New Delhi, Delhi, India, a subsidiary of Magal Security Systems Limited. It specialises in security and surveillance, a part of the broader business services sector. Incorporated on 24 August 2012, the company has been in operation for over 14 years.
Registered with ROC Delhi under CIN U93000DL2012FLC240877.
Capital: an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.22 Cr. Formerly known as Veecon Magal Security Systems Limited. It is led by directors including Sandeep Varadan Nair and Neelabh Ayodhya Singh.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 225 2Nd Floor D – 21 Corporate Park Sector – 21 Dwarka, New Delhi, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.49 Cr, a decline of 29% compared to the previous year.
The company has a workforce of approximately 25 employees as per the latest available data. It operates as a subsidiary of Magal Security Systems Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magalsolutions.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Registered Address225 2Nd Floor D – 21 Corporate Park Sector – 21 Dwarka, New Delhi, Delhi, India – 110075
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IndustryBusiness Services, Security & Surveillance
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Magal Security Systems (India) Limited
Magal Security Systems (India) Limited is engaged in the principal business activity of support service to organizations, with detailed activities including rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | ********* |
Auditor Details of Magal Security Systems (India) Limited
Magal Security Systems (India) Limited is audited by JAIN JINDAL & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN JINDAL & CO. | blur-value | blur-value | blur-value |
Board of Directors of Magal Security Systems (India) Limited
Magal Security Systems (India) Limited is currently managed by 3 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Varadan Nair | Director | 09 Jul 2020 | 6 Years 0 Months | Current |
| Neelabh Ayodhya Singh | Director | 09 Jul 2020 | 6 Years 0 Months | Current |
| Eran Gabay | Director | 16 Jan 2024 | 2 Years 5 Months | Current |
Financials of Magal Security Systems (India) Limited FY 2025 filings available
Magal Security Systems (India) Limited reported revenue of ₹11.49 Cr (down 29% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Magal Security Systems (India) Limited
As of FY 2023, Magal Security Systems (India) Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Magal Security Systems (India) Limited
Magal Security Systems (India) Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magal Security Systems (India) Limited
Magal Security Systems (India) Limited has a workforce of 25 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Magal Security Systems (India) Limited
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GST Compliance of Magal Security Systems (India) Limited
GSTIN & GST Filing Data of Magal Security Systems (India) Limited
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Credit Ratings, Litigation & Regulatory Alerts for Magal Security Systems (India) Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Magal Security Systems (India) Limited
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MSME Payment Delays by Magal Security Systems (India) Limited
MSME Payment Delays by Magal Security Systems (India) Limited
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Subsidiaries & Group Companies of Magal Security Systems (India) Limited
Subsidiaries & Group Companies of Magal Security Systems (India) Limited
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MCA Filings & Documents of Magal Security Systems (India) Limited
MCA Filings & Documents of Magal Security Systems (India) Limited
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Recent Activity on Magal Security Systems (India) Limited
Frequently Asked Questions about Magal Security Systems (India) Limited
Magal Security Systems (India) Limited is an active public limited foreign company incorporated in india in the business services sector based in New Delhi, Delhi, India. It was incorporated on 24 August 2012 (14+ years old) and is registered under CIN U93000DL2012FLC240877. The company has 25 employees.
Magal Security Systems (India) Limited reported revenue of ₹11.49 Cr for FY 2024 (down 29.00% YoY).
The current directors of Magal Security Systems (India) Limited are:
The primary industry of Magal Security Systems (India) Limited is business services. The company specifically operates in security and surveillance. The company is currently active in this sector.
Magal Security Systems (India) Limited can be reached at the registered office: 225 2Nd Floor D – 21 Corporate Park Sector – 21 Dwarka, New Delhi, Delhi, India – 110075, or through the website magalsolutions.com.
The authorised capital is ₹1.35 Cr, and the paid-up capital is ₹1.22 Cr.