Magnacon Electricals India Ltd - Company Profile

It is a information technology public limited company based in Saltlake, West Bengal, India, established in 1976.

1976 Saltlake, West Bengal, India Active

Last Updated: December 29, 2025

About Magnacon Electricals India Ltd

Magnacon Electricals India Ltd, a active public limited company, was established on 15 November 1976 in Saltlake, West Bengal, India. Engaging in it infrastructure management & services within the real estate sector, it holds CIN: U31200WB1976PLC030769. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹16.50 Cr and a paid-up capital of ₹16.16 Cr.

Formerly known as Magnacon Electricals India Private Limited. It upholds a compliant status. Its leadership includes Rishi Jalan (Managing Director), Ashok Kumar Vijay (Director), Satyanarayan Khaitan (Director). Past directors included Rishi Jalan, Ranjeet Mal Kothari, Kushal Sengupta. It holds ₹122.51 Cr open charges and ₹88.03 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Adventzinfinity@5, Office No.607, Block Bn-5, Sector V, Saltlake, West Bengal, 700091.

Company Details

CIN/LLPIN
U31200WB1976PLC030769
Registration Number
030769
Incorporation Date
15 November 1976
Authorized Capital
₹16.50 Cr
Paid-Up Capital
₹16.16 Cr
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 16.50 Cr as on 29-12-2025
Paid Up Capital ₹ 16.16 Cr as on 29-12-2025
Company Age 49 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 122.51 Cr as on 29-12-2025
Satisfied Charges ₹ 88.03 Cr as on 29-12-2025
Revenue Growth **** 25.58% (FY 2023)
Profit Growth **** 4422.71% (FY 2023)
Ebitda **** 229.92% (FY 2023)
Net Worth 59.45% (FY 2023)
Total Assets -7.39% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Magnacon Electricals India Ltd — 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 Magnacon Electricals India Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Rishi Jalan	Managing Director	15 Nov 2021	Current
Ashok Kumar Vijay	Director	21 Apr 2017	Current
Satyanarayan Khaitan	Director	21 Apr 2017	Current
Manoj Sharma	Director	28 Aug 2023	Current
Devendra Khemka	Director	21 Apr 2017	Current
Sital Prasad Swain	Director	01 Apr 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Director	26 Nov 2007	Past
Pramod Abcsdd	Additional Director	16 Aug 2010	Past
Pramod Abcsdd	Additional Director	13 Aug 2008	Past
Pramod Abcsdd	Director	01 Jan 2007	Past
Pramod Abcsdd	Director	26 Dec 2007	Past

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Financial Performance of Magnacon Electricals India.

Magnacon Electricals India Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 25.58% increase. The company also saw a substantial improvement in profitability, with a 4422.71% increase in profit. The company's net worth Soared by an impressive increase of 59.45%.

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

********

25.58%

*******

Revenue from Operations

*******

26.75%

*******

Total Assets

*******

-7.39%

*******

Profit or Loss

*******

4422.71%

*******

Net Worth

*******

59.45%

*******

EBITDA

*******

229.92%

*******

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What is the Ownership and Shareholding Structure of Magnacon Electricals India?

In 2023, Magnacon Electricals India had a promoter holding of 47.76% and a public holding of 52.24%. 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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Charges (Loans)

Open Charges

₹1,225,100,000.00

Satisfied Charges

₹880,250,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 122.51 Cr

Latest Charge Details

Date	Lender	Amount	Status
15 Mar 2022	Axis Bank Limited	₹91.01 Cr	Open
01 Feb 2021	Axis Bank Limited	₹5.25 Cr	Open
04 Feb 2020	Axis Bank Limited	₹26.25 Cr	Open
22 Mar 2012	Others	₹78.00 Cr	Satisfied
14 Jul 1999	Industrial Development Bank Of India	₹4.50 M	Satisfied

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How Many Employees Work at Magnacon Electricals India?

Unlock and access historical data on people associated with Magnacon Electricals India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Magnacon Electricals 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 Magnacon Electricals 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 Magnacon Electricals India

Recent Activity within the Organization

Director Appointment

Shane Andrews was appointed as a Company Secretary was appointed as a Company Secretary on 08 Oct 2025 & has been associated with this company since 4 months 10 days . was recorded as a recent event.
08 Oct 2025
Annual General Meeting

Progress on Magnacon Electricals India Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.
26 Sep 2025
Charges

Progress on A charge with Axis Bank Limited of Rs. 91.01 Cr registered on 15 Mar 2022 with Charge ID 100553953 was modified on 01 Aug 2025. was documented.
01 Aug 2025
Balance Sheet

Magnacon Electricals India Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Sital Prasad Swain was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was completed.
01 Apr 2024
Director Appointment

Sundar Lal Mohta was appointed as a CFO was appointed as a CFO on 01 Sep 2023 & has been associated with this company since 2 years 5 months . was recorded as a recent event.
01 Sep 2023

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Frequently Asked Questions

What is the CIN of Magnacon Electricals India Ltd?

The CIN of Magnacon Electricals India Ltd is U31200WB1976PLC030769.

Where is Magnacon Electricals India Ltd headquartered?

Magnacon Electricals India Ltd is headquartered at Adventzinfinity@5, Office No.607, Block Bn-5, Sector V, Saltlake, West Bengal, 700091.

When was Magnacon Electricals India Ltd incorporated?

Magnacon Electricals India Ltd was incorporated on 15 November 1976.

Who are the current directors of Magnacon Electricals India Ltd?

The current directors of Magnacon Electricals India Ltd are

What is the primary industry of Magnacon Electricals India Ltd?

The primary industry of Magnacon Electricals India Ltd is Real Estate.

Is Magnacon Electricals India Ltd a listed company?

Magnacon Electricals India Ltd is unlisted.

What is the capital structure of Magnacon Electricals India Ltd?

The authorized capital of Magnacon Electricals India Ltd is ₹16.50 Cr, and the paid-up capital is ₹16.16 Cr.

What is the compliance status of Magnacon Electricals India Ltd?

The compliance status of Magnacon Electricals India Ltd is Compliant.

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