Magaldi Power India Private Limited
About Magaldi Power India Private Limited
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Magaldi Power India Private Limited is a foreign private limited company based in Kolkata, West Bengal, India, a subsidiary of Magaldi Power S.P.A., Italy. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 21 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29221WB2009FTC134664. Its GSTIN is 19AAGCM0120L1ZL (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹48.86 Lakh. It is led by directors including Basant Kumar Gupta and Raffaello Magaldi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat 8 4th Floor 147 Lake Gardens, Kolkata, West Bengal, India – 700045.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.56 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.6 Cr (net margin -72.9%) and EBITDA of -₹2.56 Cr (EBITDA margin -71.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
Court records list 25 cases involving the company, including 10 filed by the company and 15 filed against it; 5 cases are pending.
Company details
Contact details
Magaldi Power India Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat 8 4th Floor 147 Lake Gardens, Kolkata, West Bengal, India – 700045
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Magaldi Power India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Magaldi Power India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Magaldi Power India Private Limited, buy the company report.
Financials of Magaldi Power India Private Limited
FY 2025 filings availableMagaldi Power India Private Limited reported revenue of ₹3.56 Cr (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 33% fall in the latest year. EBITDA fell 54% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.56 Cr | ||||
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| Net Profit (PAT) | -₹2.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -71.8% | ||||
| Net Profit Margin | -72.9% | ||||
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To see the full financial statements and ratios of Magaldi Power India Private Limited, buy the company report.
Board of directors of Magaldi Power India Private Limited
Magaldi Power India has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basant Kumar Gupta | Director | 29 Jan 2018 | 8 Years 8 Months | Current |
| Raffaello Magaldi | Director | 08 Jan 2016 | 10 Years 9 Months | Current |
| Mario Magaldi | Director | 21 Apr 2009 | 17 Years 6 Months | Current |
| Sonam Rohella | Additional Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Paolo Magaldi | Director | 21 Apr 2009 | 17 Years 6 Months | Current |
| Maria Letizia Magaldi | Director | 21 Apr 2009 | 17 Years 6 Months | Current |
Auditor
Magaldi Power India Private Limited is audited by SOUMYA DUTTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOUMYA DUTTA & ASSOCIATES | FY 2020 | 322220E |
Shareholding
The shareholding of Magaldi Power India Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magaldi Power India Private Limited, buy the company report.
Legal cases
Magaldi Power India Private Limited has 25 court cases on record: 10 filed by Magaldi Power India, 15 filed against it. 5 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 15 | 5 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against The Indure Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against The Indure Pvt. Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against The Indure Private Limited | Disposed |
| District court, South East, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against The Indure Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against The Indure Private Limited and 2 Others | Disposed |
To see the full case history of Magaldi Power India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magaldi Power India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Magaldi Power India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCM0120L1ZL | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magaldi Power India Private Limited, buy the company report.
Recent activity
Magaldi Power India Private Limited has 9 board changes on record since 2009: 6 appointments and 3 cessations. The latest: Basant Kumar Gupta ceased to be Additional Director on 28 Sep 2018.
Frequently asked questions
Magaldi Power India is an active foreign private limited company based in Kolkata, West Bengal, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 21 April 2009 (17+ years old) and is registered under CIN U29221WB2009FTC134664.
Magaldi Power India has 6 current directors:
- Basant Kumar Gupta - Director
- Raffaello Magaldi - Director
- Mario Magaldi - Director
- Sonam Rohella - Additional Director
- Paolo Magaldi - Director
- Maria Letizia Magaldi - Director
The latest financial statements of Magaldi Power India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Magaldi Power India is 19AAGCM0120L1ZL, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Magaldi Power India is U29221WB2009FTC134664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magaldi Power India has 25 court cases on record: 10 filed by the company and 15 filed against it. 5 are pending. Most are in the district courts.
Magaldi Power India was incorporated on 21 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Basant Kumar Gupta ceased to be Additional Director on 28 Sep 2018. Basant Kumar Gupta was appointed as Director on 29 Jan 2018. Sonam Rohella was appointed as Additional Director on 17 Jul 2017. Magaldi Power India has 9 board changes on record in total.
The registered office of Magaldi Power India is at Flat 8 4th Floor 147 Lake Gardens, Kolkata, West Bengal, India – 700045.
Magaldi Power India operates in the chemicals and materials industry, in the industrial chemicals segment.