About Magalir Micro Capital Private Limited
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Magalir Micro Capital Private Limited is a private limited company based in Palayamkottai, Tamil Nadu, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 26 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65923TN2015PTC101965. Its GSTIN is 33AAJCM8951C1ZG (Tamil Nadu).
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹53.85 Cr. It was formerly known as Magalir Micro Finance Pvt Ltd and Magalir Micro Finance Private Limited. It is led by directors including Fathurabbani Sadiq (Managing Director) and Subramanian Ramakrishnan.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.1D 3rd Floor Noor Sait Plaza Near New Bus Stand, Thiruvananthapuram Road Palayamkottai, Tamil Nadu, India – 627002.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.65 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹21.18 Cr (net margin -40.2%) and EBITDA of ₹4.44 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 220 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magalir. As per MCA filings, the company has open charges of ₹121.08 Cr and satisfied charges of ₹568.67 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 5 cases are pending. The company has 15 deals on record (6 secondary share transfers, 4 rights issues, 4 funding rounds), with disclosed funding of ₹16.9 Cr; the latest was in March 2025. Its 5 peer companies in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 1 smaller; the largest is Bhansali Fincom Pvt Ltd with revenue of ₹53.14 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magalir.net.
Company details
Name history
Magalir Micro Capital has undergone 2 name changes throughout its history. The company was previously known as Magalir Micro Finance Pvt Ltd, and Magalir Micro Finance Private Limited. The current legal name is Magalir Micro Capital Private Limited.
| Company Name | Status |
|---|---|
| Magalir Micro Capital Private Limited | Current |
| Magalir Micro Finance Pvt Ltd | Previous |
| Magalir Micro Finance Private Limited | Previous |
Contact details
Magalir Micro Capital Private Limited's registered office is in Palayamkottai, Tamil Nadu. Its website is magalir.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.1D 3rd Floor Noor Sait Plaza Near New Bus Stand, Thiruvananthapuram Road Palayamkottai, Tamil Nadu, India – 627002
- IndustryFinancial Services, NBFC, Microfinance Institutions
To see the full contact details of Magalir Micro Capital 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
Brands
Magalir Micro Capital operates one associated brand: Magalir. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers microfinance loans for women's business, education, and development needs. | magalir.net |
Business activity
The main business activity of Magalir Micro Capital is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Magalir Micro Capital Private Limited, buy the company report.
Financials of Magalir Micro Capital Private Limited
FY 2025 filings availableMagalir Micro Capital Private Limited reported revenue of ₹52.65 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 88% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.44 Cr | ||||
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| Net Profit (PAT) | -₹21.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | -40.2% | ||||
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To see the full financial statements and ratios of Magalir Micro Capital Private Limited, buy the company report.
Board of directors of Magalir Micro Capital Private Limited
Magalir Micro Capital has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Ramakrishnan Also directs: Magalir Finserv Private Limited, Axonbridge Advisors LLP | Director | 28 Apr 2017 | 9 Years 6 Months | Current |
| Nagaraja Venkataramaniya Also directs: Rors Finance Private Limited, South India Finvest Private Limited, Yvu Financial Services Private Limited and 1 more | Director | 31 Mar 2021 | 5 Years 7 Months | Current |
| Fathurabbani Sadiq | Managing Director | 26 Aug 2015 | 11 Years 2 Months | Current |
| Seyadrabbani Fathurabbani Also directs: Fathimuthu Amma Knits Private Limited, Fathimuthu Amma Mills Private Limited, Magalir Finserv Private Limited and 5 more | Director | 17 Apr 2017 | 9 Years 6 Months | Current |
| Seena Cheppala Rajan Also directs: Magalir Finserv Private Limited | Director | 26 Aug 2015 | 11 Years 2 Months | Current |
| Seyadu Abdul Kareem Naina Mohamed Also directs: Fathimuthu Amma Knits Private Limited, Fathimuthu Amma Mills Private Limited, Seyad Agro Industries Private Limited and 4 more | Director | 28 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Magalir Micro Capital Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhansali Fincom Pvt Ltd | ₹53.14 Cr (FY 2024) | 508.0% | Kolkata, West Bengal, India | |||
| Goldrock Travels Pvt Ltd | ₹52.9 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Best Capital Services Limited | ₹52.77 Cr (FY 2024) | 100.0% | Jaipur, Rajasthan, India | |||
| Salarpuria Investment Pvt Ltd | ₹52.7 Cr (FY 2025) | -31.0% | Kolkata, West Bengal, India | |||
| Magalir Micro Capital Private Limitedthis company | ₹52.65 Cr (FY 2025) | -₹21.18 Cr | -40.2% | -23.0% | 220 | Palayamkottai, Tamil Nadu, India |
| Sehgal Televisions Private Limited | ₹52.38 Cr (FY 2024) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Magalir Micro Capital Private Limited, buy the company report.
Auditor
Magalir Micro Capital Private Limited is audited by V NARAYANAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V NARAYANAN & CO | FY 2023 | 002398S |
Shareholding
The shareholding of Magalir Micro Capital Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Magalir Micro Capital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2024 | 101009171 | Tamilnad Mercantile Bank Limited | ₹10 Cr | Open | |
| 04 Nov 2024 | 100999484 | Others | ₹10 Cr | Open | |
| 29 Apr 2024 | 100913884 | Others | ₹10 Cr | Open | |
| 26 Mar 2024 | 100898190 | Others | ₹5 Cr | Open | |
| 16 Mar 2024 | 100887964 | Indian Overseas Bank | ₹25 Cr | Open |
To see the full charge records of Magalir Micro Capital Private Limited, buy the company report.
Total charge records: 103 View all charges
Deals & funding
Magalir Micro Capital Private Limited has 15 deals on record (6 secondary share transfers, 4 rights issues, 4 funding rounds), with disclosed funding of ₹16.9 Cr; the latest was in March 2025.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round | ₹5 Cr | Investors: 2 individuals |
| Apr 2023 | Debt financing | ₹7 Cr | Investors: Promising Lenders Fund |
| Nov 2022 | Rights issue | ₹10 Cr | Investors: 4 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Magalir Micro Capital Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Magalir Micro Capital Private Limited has 13 court cases on record: 4 filed by Magalir Micro Capital, 9 filed against it. 5 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 9 | 5 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tirunelveli, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by an individual | Pending |
| District court, Virudhunagar, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Tirunelveli, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Tirunelveli, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Magalir Micro Capital 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.
Credit ratings & regulatory alerts
Magalir Micro Capital Private Limited was last rated by Care on 30 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Dec 2021 |
To see the full credit ratings and regulatory alerts of Magalir Micro Capital Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Magalir Micro Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Magalir Micro Capital Private Limited has a workforce of 220 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 220 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Magalir Micro Capital Private Limited, buy the company report.
GST
Magalir Micro Capital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCM8951C1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Magalir Micro Capital Private Limited, buy the company report.
Recent activity
Magalir Micro Capital Private Limited has 10 board changes on record since 2015: 6 appointments and 4 cessations. The latest: Nainamohamed Thangaesoofseyadu ceased to be Director on 19 Dec 2021.
203 earlier events are in the company report.
Frequently asked questions
Magalir Micro Capital is an active private limited company based in Palayamkottai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 26 August 2015 (11+ years old) and is registered under CIN U65923TN2015PTC101965.
Magalir Micro Capital has 6 current directors:
- Fathurabbani Sadiq - Managing Director
- Subramanian Ramakrishnan - Director
- Nagaraja Venkataramaniya - Director
- Seyadrabbani Fathurabbani - Director
- Seena Cheppala Rajan - Director
- Seyadu Abdul Kareem Naina Mohamed - Director
The latest financial statements of Magalir Micro Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Magalir Micro Capital is 33AAJCM8951C1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Magalir Micro Capital is U65923TN2015PTC101965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magalir Micro Capital has 13 court cases on record: 4 filed by the company and 9 filed against it. 5 are pending.
Magalir Micro Capital was incorporated on 26 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Magalir Micro Capital has 15 deals on record (6 secondary share transfers, 4 rights issues, 4 funding rounds), with disclosed funding of ₹16.9 Cr; the latest was in March 2025.
The peers of Magalir Micro Capital by revenue are Bhansali Fincom Pvt Ltd, Goldrock Travels Pvt Ltd, Best Capital Services Limited, Salarpuria Investment Pvt Ltd, Sehgal Televisions Private Limited, all in the BFSI industry (Large NBFC, Micro Finance Institutions, Mid Sized Non Deposit NBFC), with the same principal business activity (other financial activities).
Nainamohamed Thangaesoofseyadu ceased to be Director on 19 Dec 2021. Nagaraja Venkataramaniya ceased to be Additional Director on 10 Sep 2021. Nagaraja Venkataramaniya was appointed as Director on 31 Mar 2021. Magalir Micro Capital has 10 board changes on record in total.
Magalir Micro Capital can be reached through the website magalir.net. Its registered office is in Palayamkottai, Tamil Nadu, India.
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