Magna Automotive India Private Limited - Company Profile

It is a automotive foreign private limited company based in Maraimalai Nagar, Tamil Nadu, India, established in 2009.

2009 Maraimalai Nagar, Tamil Nadu, India Amalgamated

Last Updated: July 26, 2025

About Magna Automotive India Private Limited

Magna Automotive India Private Limited, a amalgamated foreign private limited company, was established on 13 March 2009 in Maraimalai Nagar, Tamil Nadu, India. Engaging in auto parts & components within the automotive sector, it holds CIN: U29100TN2009FTC070983. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹155.00 Cr and a paid-up capital of ₹133.65 Cr.

Formerly known as Magna Closures Automotive Private Limited. Employing 1,002 professional, Its leadership includes Viney Gupta (Director), Joydeep Banerjee (Director), Bassem Aziz Shakeel (Director). Past directors included Gagan Verma, Francis Charles Seguin, John Hugh Farrell. Its latest AGM occurred on 29 September 2017, with the balance sheet filed on 31 March 2017. It is based at Plot No. 17, Chithamanoor Industrial Area 3,, Maraimalai Nagar, Tamil Nadu, 603209.

Company Details

CIN/LLPIN
U29100TN2009FTC070983
Registration Number
070983
Incorporation Date
13 March 2009
Authorized Capital
₹155.00 Cr
Paid-Up Capital
₹133.65 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 155.00 Cr as on 26-07-2025
Paid Up Capital ₹ 133.65 Cr as on 26-07-2025
Company Age 16 Year, 11 Months
Last Filing with ROC 31 Mar 2017
Revenue Growth **** 96.33% (FY 2017)
Profit Growth **** 426.37% (FY 2017)
Ebitda **** 335.75% (FY 2017)
Net Worth 147.65% (FY 2017)
Total Assets **** 37.84% (FY 2017)

Comprehensive Company Insights

Explore comprehensive insights into Magna Automotive India 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 Magna Automotive India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Viney Gupta	Director	11 Aug 2017	Current
Joydeep Banerjee	Director	26 Jun 2015	Current
Bassem Aziz Shakeel	Director	10 Jun 2016	Current
Francis Joseph Obrien	Director	10 Jun 2016	Current
Deval Mahadev Desai	Director	10 Jun 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	04 Jul 2016	Past
Pramod Abcsdd	Director	19 Jan 2016	Past
Pramod Abcsdd	Additional Director	03 Jan 2010	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past
Pramod Abcsdd	Managing Director	30 Jun 2013	Past
Pramod Abcsdd	Whole-Time Director	12 Aug 2017	Past

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Financial Performance of Magna Automotive India.

Magna Automotive India Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 96.33% increase. The company also saw a substantial improvement in profitability, with a 426.37% increase in profit. The company's net worth Soared by an impressive increase of 147.65%.

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

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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

********

96.33%

*******

Revenue from Operations

*******

94.34%

*******

Total Assets

*******

37.84%

*******

Profit or Loss

*******

426.37%

*******

Net Worth

*******

147.65%

*******

EBITDA

*******

335.75%

*******

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What is the Ownership and Shareholding Structure of Magna Automotive India?

In 2017, Magna Automotive 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)

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 Magna Automotive India?

Magna Automotive India has a workforce of 1002 employees as of Mar 30, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Magna Automotive 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 Magna Automotive India's trajectory.

Rating

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

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 Magna Automotive India

Recent Activity within the Organization

Annual General Meeting

Progress on Magna Automotive India Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records. was documented.
29 Sep 2017
Director Appointment

Viney Gupta was appointed as a Director was appointed as a Director on 11 Aug 2017 & has been associated with this company since 8 years 6 months . was recorded as a recent event.
11 Aug 2017
Balance Sheet

Progress on Magna Automotive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai. was documented.
31 Mar 2017
Director Appointment

The activity Bassem Aziz Shakeel was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 9 years 8 months . was completed.
10 Jun 2016
Director Appointment

Progress on Francis Joseph Obrien was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 9 years 8 months . was documented.
10 Jun 2016
Director Appointment

The activity Deval Mahadev Desai was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 9 years 8 months . was completed.
10 Jun 2016

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