Magtel Power Systems Private Limited Company Logo

Magtel Power Systems Private Limited - Company Profile

It is a energy and power private limited company based in Ramanagara, Karnataka, India, established in 2005.

2005 | Ramanagara, Karnataka, India | Active
Last Updated:

About Magtel Power Systems Private Limited

Magtel Power Systems Private Limited, a active private limited company, was established on 10 March 2005 in Ramanagara, Karnataka, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U31909KA2005PTC035800. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 7 professional, Its leadership includes Gargeshwari Venkatramu Nagesh (Director), Mysore Narayanamurthy Latha (Director), Anusha Gargi (Director). Past directors included Umesh Pura Hiriyannaiah, Hiriyanniah Pura Naranappa, Sumanth Gargi. It holds ₹1.75 Cr open charges and ₹4.45 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.36, 2A Road, 2Nd Phase, 2Nd Sector Bidadi Industrial Area, Ramanagara, Karnataka, 562109.

Company Details

  • CIN/LLPIN

    U31909KA2005PTC035800

  • Registration Number

    035800

  • Incorporation Date

    10 March 2005

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.75 Cr
  • Satisfied Charges ₹ 4.45 Cr
  • Revenue Growth 78.92%
  • Ebitda 82.34%
  • Net Worth -0.93%
  • Total Assets -5.73%
Company report

Magtel Power Systems Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Magtel Power Systems 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 Magtel Power Systems Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Gargeshwari Venkatramu NageshDirector23 Jun 2007Current
Mysore Narayanamurthy LathaDirector10 Mar 2005Current
Anusha GargiDirector06 Aug 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector22 Jun 2016Past
Pramod AbcsddManaging Director22 Jun 2016Past
Pramod AbcsddDirector22 Jun 2016Past
Pramod AbcsddDirector22 Jun 2016Past
Pramod AbcsddDirector22 Jun 2016Past
Pramod AbcsddDirector22 Jun 2016Past

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Financial Performance of Magtel Power Systems.

Magtel Power Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 78.92% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 0.93%.

Magtel Power Systems revenue growth over time
Magtel Power Systems profit and loss trends over time
  • 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
78.92%
Revenue from Operations
78.53%
Total Assets
-5.73%
Profit or Loss
Net Worth
-0.93%
EBITDA
82.34%

What is the Ownership and Shareholding Structure of Magtel Power Systems?

In 2021, Magtel Power Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹17,500,000.00

Satisfied Charges

₹44,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2024Others₹1.75 CrOpen
31 Dec 2010State Bank Of Hyderabad₹1.20 CrSatisfied
25 Aug 2005State Bank Of Hyderabad₹3.25 CrSatisfied

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How Many Employees Work at Magtel Power Systems?

Magtel Power Systems has a workforce of 7 employees as of Mar 21, 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 growth trends for Magtel Power Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magtel Power Systems, 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 Magtel Power Systems's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Magtel Power Systems

Recent Activity within the Organization

  • Annual General Meeting

    The activity Magtel Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100968386 was registered on 02 Sep 2024. was completed.

  • Director Appointment

    Anusha Gargi was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Balance Sheet

    The activity Magtel Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge registered on 31 Dec 2010 via Charge ID 10261309 with State Bank Of Hyderabad was fully satisfied on 07 Sep 2022. was documented.

  • Charges

    The activity A charge registered on 25 Aug 2005 via Charge ID 80017820 with State Bank Of Hyderabad was fully satisfied on 07 Sep 2022. was completed.

Frequently Asked Questions

  • What is the CIN of Magtel Power Systems Private Limited?

    The CIN of Magtel Power Systems Private Limited is U31909KA2005PTC035800.

  • Where is Magtel Power Systems Private Limited headquartered?

    Magtel Power Systems Private Limited is headquartered at No.36, 2A Road, 2Nd Phase, 2Nd Sector Bidadi Industrial Area, Ramanagara, Karnataka, 562109.

  • When was Magtel Power Systems Private Limited incorporated?

    Magtel Power Systems Private Limited was incorporated on 10 March 2005.

  • Who are the current directors of Magtel Power Systems Private Limited?

    The current directors of Magtel Power Systems Private Limited are

  • What is the primary industry of Magtel Power Systems Private Limited?

    The primary industry of Magtel Power Systems Private Limited is Manufacturing.

  • Is Magtel Power Systems Private Limited a listed company?

    Magtel Power Systems Private Limited is unlisted.

  • What is the capital structure of Magtel Power Systems Private Limited?

    The authorized capital of Magtel Power Systems Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of Magtel Power Systems Private Limited?

    The compliance status of Magtel Power Systems Private Limited is Compliant.

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