About Magna Electronics India Private Limited
Data last updated: 06 January 2026
Magna Electronics India Private Limited is a foreign private limited company based in Bangalore North, Karnataka, India, a subsidiary of Veoneer Ab. It specialises in automobile dealership and trading, a part of the broader automotive sector. Incorporated on 26 December 2017, the company has been in operation for over 9 years.
Registered with ROC Bangalore under CIN U35923KA2017FTC108947.
Capital: an authorised share capital of ₹140 Cr and a paid-up capital of ₹140 Cr. Formerly known as Veoneer India Private Limited and New Ele Ab Autoliv India Private Limited. It is led by directors John Harold Rogers and Lionel Edward Jordan.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore North, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹169.17 Cr, a decline of 24% compared to the previous year.
The company has a workforce of approximately 413 employees as per the latest available data. It operates as a subsidiary of Veoneer Ab.
The company is associated with 1 brand - Veoneer.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veoneerindia.teamtailor.com.
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Registered AddressNo. G – 1006 Ground Floor, Block No. 1 In The Complex Known As Janapriya Hanuma Reddy Complex Also Known As Ardente Office One, Bangalore North, Karnataka, India – 560048
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IndustryAutomotive, Auto Dealership & Trading
- 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
Name History of Magna Electronics India Private Limited
Magna Electronics India Private Limited has undergone 2 name changes throughout its history. The company was previously known as Veoneer India Private Limited, and New Ele Ab Autoliv India Private Limited. The current legal name is Magna Electronics India Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Magna Electronics India Private Limited | Current |
| Veoneer India Private Limited | Previous |
| New Ele Ab Autoliv India Private Limited | Previous |
Associated Brands with Magna Electronics India Private Limited
Magna Electronics India Private Limited operates one associated brand: Veoneer. These brands represent Magna Electronics India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Tech-enabled vision-based ADAS and autonomous vehicle solutions are provided. | veoneer.com |
Competitors & Alternatives of Magna Electronics India Private Limited
Brands and companies operating in the same space as Magna Electronics India Private Limited include Mobileye, Indie Semiconductor, Black Sesame Technologies and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Mobileye
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AI-based system-on-chips are developed for advanced driver assistance systems. | Jerusalem, Israel, Israel | 1999 |
Indie Semiconductor
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Manufacturer of SoCs for automotive industry | Aliso Viejo, United States, United States | 2007 |
Black Sesame Technologies
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Developer of AI-based chips for machine vision tasks | Pudong, China, China | 2016 |
Autobrains
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AI-enabled perception solutions for autonomous vehicles are provided. | Tel Aviv, Israel, Israel | 2019 |
Aviva Links
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AI-enabled connectivity solutions for autonomous driving are offered. | San Jose, United States, United States | 2020 |
Freetech
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Supplier of ADAS & automotive active safety stems | Hangzhou, China, China | 2016 |
Guoqi Intelligent Control Technology
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Cloud-enabled vehicle control solutions are developed for autonomous driving. | Beijing, China, China | 2020 |
Business Activity of Magna Electronics India Private Limited
Magna Electronics India Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Magna Electronics India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Magna Electronics India Private Limited
Magna Electronics India Private Limited is audited by S R BATLIBOI & ASSOCIATES LLP 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 |
|---|---|---|---|
| S R BATLIBOI & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Magna Electronics India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Magna Electronics India Private Limited
Magna Electronics India Private Limited is currently managed by 2 directors, with 8 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 |
|---|---|---|---|---|
| John Harold Rogers | Director | 09 Feb 2024 | 2 Years 6 Months | Current |
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Lionel Edward Jordan
Also directs:
Magna Automotive India Private Limited
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Director | 24 Mar 2025 | 1 Years 4 Months | Current |
Financials of Magna Electronics India Private Limited FY 2025 filings available
Magna Electronics India Private Limited reported revenue of ₹169.17 Cr (down 24.00% YoY) for FY 2025.
Ten-year financial statements for Magna Electronics India Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Magna Electronics India Private Limited
Shareholding and ownership data for Magna Electronics India Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings Magna Electronics India Private Limited
Magna Electronics India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Magna Electronics India Private Limited
Magna Electronics India Private Limited has a workforce of 413 employees as of Apr 06, 2024.
Employee and EPFO history for Magna Electronics India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Magna Electronics India Private Limited
GST registrations and filing compliance for Magna Electronics India Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Magna Electronics India Private Limited
Credit ratings, litigation, and regulatory alerts for Magna Electronics India Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Magna Electronics India Private Limited
MSME payment history for Magna Electronics India Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Magna Electronics India Private Limited
Corporate group structure for Magna Electronics India Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
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- Associates and joint ventures
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MCA Filings & Documents of Magna Electronics India Private Limited
MCA filings and documents for Magna Electronics India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Magna Electronics India Private Limited
Frequently Asked Questions about Magna Electronics India Private Limited
Magna Electronics India Private Limited is an active foreign private limited company in the automotive sector based in Bangalore North, Karnataka, India. It was incorporated on 26 December 2017 (9+ years old) and is registered under CIN U35923KA2017FTC108947. The company has 413 employees.
Magna Electronics India Private Limited reported revenue of ₹169.17 Cr for FY 2025 (down 24.00% YoY).
The current directors of Magna Electronics India Private Limited are:
- John Harold Rogers - Director
- Lionel Edward Jordan - Director
The primary industry of Magna Electronics India Private Limited is automotive. The company specifically operates in auto dealership and trading. The company is currently active in this sector.
Magna Electronics India Private Limited can be reached at the registered office: No. G – 1006 Ground Floor, Block No. 1 In The Complex Known As Janapriya Hanuma Reddy Complex Also Known As Ardente Office One, Bangalore North, Karnataka, India – 560048, or through the website veoneerindia.teamtailor.com.
The authorised capital is ₹140 Cr, and the paid-up capital is ₹140 Cr.