About Magtel Power Systems Private Limited
Data last updated: 26 February 2026
Magtel Power Systems Private Limited is a private limited company based in Ramanagara, Karnataka, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 10 March 2005, the company has been in operation for over 21 years.
Registered with ROC Bangalore under CIN U31909KA2005PTC035800.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Gargeshwari Venkatramu Nagesh and Mysore Narayanamurthy Latha.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.36 2A Road 2Nd Phase 2Nd Sector Bidadi Industrial Area, Ramanagara, Karnataka, India – 562109.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.32 Cr, a decline of 13% compared to the previous year.
The company has a workforce of approximately 7 employees as per the latest available data.
The company is associated with 1 brand - Magtel Power. As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹4.45 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 magtelpower.com.
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Registered AddressNo.36 2A Road 2Nd Phase 2Nd Sector Bidadi Industrial Area, Ramanagara, Karnataka, India – 562109
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IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Associated Brands with Magtel Power Systems Private Limited
Magtel Power Systems Private Limited operates one associated brand: Magtel Power. These brands represent Magtel Power Systems Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Dry-type transformer design and manufacturing services in India. | magtelpower.com |
Business Activity of Magtel Power Systems Private Limited
Magtel Power Systems Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details for Magtel Power Systems Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Magtel Power Systems Private Limited
Magtel Power Systems Private Limited is audited by S R R K SHARMA ASSOCIATES for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R R K SHARMA ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Magtel Power Systems Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Magtel Power Systems Private Limited
Magtel Power Systems Private Limited is currently managed by 3 directors, with 9 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 |
|---|---|---|---|---|
| Gargeshwari Venkatramu Nagesh | Director | 23 Jun 2007 | 19 Years 1 Months | Current |
| Mysore Narayanamurthy Latha | Director | 10 Mar 2005 | 21 Years 4 Months | Current |
| Anusha Gargi | Director | 06 Aug 2024 | 1 Years 11 Months | Current |
Financials of Magtel Power Systems Private Limited FY 2025 filings available
Magtel Power Systems Private Limited reported revenue of ₹1.32 Cr (down 13.00% YoY) for FY 2024.
Ten-year financial statements for Magtel Power Systems 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 Magtel Power Systems Private Limited
Shareholding and ownership data for Magtel Power Systems Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magtel Power Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Others | ₹1.75 Cr | Open |
| 31 Dec 2010 | State Bank of Hyderabad | ₹1.2 Cr | Satisfied |
| 25 Aug 2005 | State Bank of Hyderabad | ₹3.25 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Magtel Power Systems Private Limited
Magtel Power Systems Private Limited has a workforce of 7 employees as of Mar 21, 2024.
Employee and EPFO history for Magtel Power Systems 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
Verified entity values are shown only after access is granted.
GST Compliance of Magtel Power Systems Private Limited
GST registrations and filing compliance for Magtel Power Systems 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 Magtel Power Systems Private Limited
Credit ratings, litigation, and regulatory alerts for Magtel Power Systems 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 Magtel Power Systems Private Limited
MSME payment history for Magtel Power Systems 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
- Vendor payment signals
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Subsidiaries & Group Companies of Magtel Power Systems Private Limited
Corporate group structure for Magtel Power Systems 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 Magtel Power Systems Private Limited
MCA filings and documents for Magtel Power Systems 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
Verified entity values are shown only after access is granted.
Recent Activity on Magtel Power Systems Private Limited
Frequently Asked Questions about Magtel Power Systems Private Limited
Magtel Power Systems Private Limited is an active private limited company in the energy and power sector based in Ramanagara, Karnataka, India. It was incorporated on 10 March 2005 (21+ years old) and is registered under CIN U31909KA2005PTC035800. The company has 7 employees.
Magtel Power Systems Private Limited reported revenue of ₹1.32 Cr for FY 2024 (down 13.00% YoY).
The current directors of Magtel Power Systems Private Limited are:
- Gargeshwari Venkatramu Nagesh - Director
- Mysore Narayanamurthy Latha - Director
- Anusha Gargi - Director
The primary industry of Magtel Power Systems Private Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.
Magtel Power Systems Private Limited can be reached at the registered office: No.36 2A Road 2Nd Phase 2Nd Sector Bidadi Industrial Area, Ramanagara, Karnataka, India – 562109, or through the website magtelpower.com.
The authorised capital is ₹1 Cr, and the paid-up capital is ₹1 Cr.