About Magnetic Faac India Private Limited
Data last updated: 18 February 2026
Magnetic Faac India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Magnetic Automation Pty,Ltd. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 30 March 2000, the company has been in operation for over 26 years.
Registered with ROC Chennai under CIN U35204TN2000PTC044609.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. Formerly known as Magnetic Auto Control Private Limited. It is led by directors including Rajeev Mecheri and Venkatesh Rajamani.
Last AGM: 11 June 2025. Financial statements filed for year ended 31 December 2024. Office: No. 49 4Th Floor Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.22 Cr, a growth of 51.84% compared to the previous year.
The company has a workforce of approximately 51 employees as per the latest available data. It operates as a subsidiary of Magnetic Automation Pty,Ltd.
As per MCA filings, the company has satisfied charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magnetic-access.com.
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Registered AddressNo. 49 4Th Floor Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018
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IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
Business Activity of Magnetic Faac India Private Limited
Magnetic Faac India Private Limited operates primarily in the manufacturing sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
| Locked | Manufacturing | Locked | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Detailed business activity records for Magnetic Faac India Private Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Magnetic Faac India Private Limited
Magnetic Faac India Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS 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 |
|---|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | Locked | Locked | Locked |
Complete auditor history for Magnetic Faac India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Magnetic Faac India Private Limited
Magnetic Faac India Private Limited is currently managed by 6 directors, with 10 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 |
|---|---|---|---|---|
| Rajeev Mecheri | Director | 16 Nov 2011 | 14 Years 7 Months | Current |
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Venkatesh Rajamani
Also directs:
Gallagher Security Private Limited, Ardelisys Technologies Private Limited, Neaarchi Consulting Llp and 3 more
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Director | 23 Mar 2015 | 11 Years 3 Months | Current |
| Anand Mecheri | Director | 28 Jun 2016 | 10 Years 0 Months | Current |
| Robert Canty John | Director | 23 Dec 2021 | 4 Years 6 Months | Current |
| Fabio Tomi | Director | 23 Dec 2021 | 4 Years 6 Months | Current |
| Giovanni Abramo D | Director | 29 Mar 2023 | 3 Years 3 Months | Current |
Financials of Magnetic Faac India Private Limited FY 2024 filings available
Magnetic Faac India Private Limited reported revenue of ₹75.22 Cr (up 51.84% YoY) for FY 2023.
Ten-year financial statements for Magnetic Faac India Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Magnetic Faac India Private Limited
Shareholding and ownership data for Magnetic Faac India Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Magnetic Faac India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2012 | Citibank N.A | ₹3 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Magnetic Faac India Private Limited
Magnetic Faac India Private Limited has a workforce of 51 employees as of Apr 08, 2024.
Employee and EPFO history for Magnetic Faac India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Magnetic Faac India Private Limited
GST registrations and filing compliance for Magnetic Faac 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
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Magnetic Faac India Private Limited
Credit ratings, litigation, and regulatory alerts for Magnetic Faac 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
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Magnetic Faac India Private Limited
MSME payment history for Magnetic Faac 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 Magnetic Faac India Private Limited
Corporate group structure for Magnetic Faac India Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Magnetic Faac India Private Limited
MCA filings and documents for Magnetic Faac 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 Magnetic Faac India Private Limited
Frequently Asked Questions about Magnetic Faac India Private Limited
Magnetic Faac India Private Limited is an active private limited company in the machinery and equipment sector based in Chennai, Tamil Nadu, India. It was incorporated on 30 March 2000 (26+ years old) and is registered under CIN U35204TN2000PTC044609. The company has 51 employees.
Magnetic Faac India Private Limited reported revenue of ₹75.22 Cr for FY 2023 (up 51.84% YoY).
The current directors of Magnetic Faac India Private Limited are:
- Rajeev Mecheri - Director
- Venkatesh Rajamani - Director
- Anand Mecheri - Director
- Robert Canty John - Director
- Fabio Tomi - Director
- Giovanni Abramo D - Director
The primary industry of Magnetic Faac India Private Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.
Magnetic Faac India Private Limited can be reached at the registered office: No. 49 4Th Floor Eldams Road Teynampet, Chennai, Tamil Nadu, India – 600018, or through the website magnetic-access.com.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹90 Lakh.