Magal Security Systems (India) Limited - Company Profile

It is a business services public limited foreign company incorporated in india based in New Delhi, Delhi, India, established in 2012.
2012 New Delhi, Delhi, India Active
Last Updated:
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About Magal Security Systems (India) Limited

Magal Security Systems (India) Limited, a active public limited foreign company incorporated in india, was established on 24 August 2012 in New Delhi, Delhi, India. Engaging in security & surveillance within the support service to organizations sector, it holds CIN: U93000DL2012FLC240877. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.35 Cr and a paid-up capital of ₹1.22 Cr.

Formerly known as Veecon Magal Security Systems Limited. It upholds a compliant status. Employing 25 professional, Its leadership includes Sandeep Varadan Nair (Director), Neelabh Ayodhya Singh (Director), Eran Gabay (Director). Past directors included Ashok Kumar Sharma, Sandeep Kumar, Arnon Yaakov Bram. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 225, 2Nd Floor, D-21, Corporate Park Sector-21, Dwarka, New Delhi, Delhi, 110075.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U93000DL2012FLC240877

  • Registration Number

    240877

  • Incorporation Date

    24 August 2012

  • Authorized Capital

    ₹1.35 Cr

  • Paid-Up Capital

    ₹1.22 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.35 Cr
  • Paid Up Capital ₹ 1.22 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 104.82%
  • Profit Growth **** 121.10%
  • Ebitda **** 347.07%
  • Net Worth 123.64%
  • Total Assets **** 26.66%
Company report

Magal Security Systems (India) Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magal Security Systems (India) 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 Security Systems (India) Limited?
Current Directors
Name Designation Appointment Date Status
Sandeep Varadan Nair Director 09 Jul 2020 Current
Neelabh Ayodhya Singh Director 09 Jul 2020 Current
Eran Gabay Director 16 Jan 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Mar 2013 Past
Pramod Abcsdd Additional Director 30 Sep 2017 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past

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Financial Performance of Magal Security Systems (India).

Magal Security Systems (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 104.82% increase. The company also saw a substantial improvement in profitability, with a 121.1% increase in profit. The company's net worth Soared by an impressive increase of 123.64%.

Magal Security Systems (India) revenue growth over time
Magal Security Systems (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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 104.82%
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Revenue from Operations
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 105.00%
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*******
Total Assets
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 26.66%
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*******
*******
*******
Profit or Loss
*******
 121.10%
*******
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*******
Net Worth
*******
 123.64%
*******
*******
*******
*******
EBITDA
*******
 347.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magal Security Systems (India)?

In 2023, Magal Security Systems (India) 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 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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How Many Employees Work at Magal Security Systems (India)?

Magal Security Systems (India) has a workforce of 25 employees as of Apr 07, 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 Security Systems (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 Security Systems (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 Security Systems (India)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Magal Security Systems (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Magal Security Systems (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was recorded as a recent event.

  • Director Appointment

    Eran Gabay was appointed as a Director was appointed as a Director on 16 Jan 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.

  • Director Appointment

    Sandeep Varadan Nair was appointed as a Director was appointed as a Director on 09 Jul 2020 & has been associated with this company since 5 years 8 months . was recorded as a recent event.

  • Director Appointment

    Neelabh Ayodhya Singh was appointed as a Director was appointed as a Director on 09 Jul 2020 & has been associated with this company since 5 years 8 months . was recorded as a recent event.

  • Company Incorporation

    The activity Magal Security Systems (India) Limited was registered on 24 Aug 2012 with Roc Delhi & aged 13 years 6 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Magal Security Systems (India) Limited?

The CIN of Magal Security Systems (India) Limited is U93000DL2012FLC240877.

Where is Magal Security Systems (India) Limited headquartered?

Magal Security Systems (India) Limited is headquartered at 225, 2Nd Floor, D-21, Corporate Park Sector-21, Dwarka, New Delhi, Delhi, 110075.

When was Magal Security Systems (India) Limited incorporated?

Magal Security Systems (India) Limited was incorporated on 24 August 2012.

Who are the current directors of Magal Security Systems (India) Limited?

The current directors of Magal Security Systems (India) Limited are

What is the primary industry of Magal Security Systems (India) Limited?

The primary industry of Magal Security Systems (India) Limited is Support Service To Organizations.

Is Magal Security Systems (India) Limited a listed company?

Magal Security Systems (India) Limited is unlisted.

What is the capital structure of Magal Security Systems (India) Limited?

The authorized capital of Magal Security Systems (India) Limited is ₹1.35 Cr, and the paid-up capital is ₹1.22 Cr.

What is the compliance status of Magal Security Systems (India) Limited?

The compliance status of Magal Security Systems (India) Limited is Compliant.

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