Magtorq Private Limited - Company Profile

It is a automotive private limited company based in Hosur, Tamil Nadu, India, established in 1989.
1989 Hosur, Tamil Nadu, India Active
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About Magtorq Private Limited

Magtorq Private Limited, a active private limited company, was established on 13 June 1989 in Hosur, Tamil Nadu, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U02520TZ1989PTC002458. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.40 M and a paid-up capital of ₹2.10 M.

Formerly known as Magtorq Power Clutches Private Limited. It upholds a compliant status. Employing 186 professional, Its leadership includes Ajit Narayan (Director), Pantallore Vadikketil Narayanan Kutty (Managing Director), Deepak Sankhla (Nominee Director). Past directors included Govindarajapuram Krishnan Venkatesh, Ajit Narayan, Muraleedharan Nair Narayanan. It holds ₹50.42 Cr open charges and ₹33.61 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 58 C Sipcotindustrial Complex Hosur, Hosur, Tamil Nadu, 635126.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U02520TZ1989PTC002458

  • Registration Number

    002458

  • Incorporation Date

    13 June 1989

  • Authorized Capital

    ₹2.40 M

  • Paid-Up Capital

    ₹2.10 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.10 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 50.42 Cr
  • Satisfied Charges ₹ 33.61 Cr
  • Revenue Growth **** 14.91%
  • Profit Growth **** 17.61%
  • Ebitda **** 165.25%
  • Net Worth 15.72%
  • Total Assets -1.99%
Company report

Magtorq Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Magtorq 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 Magtorq Private Limited?
Current Directors
Name Designation Appointment Date Status
Ajit Narayan Director 03 May 2017 Current
Pantallore Vadikketil Narayanan Kutty Managing Director 04 Jul 1989 Current
Deepak Sankhla Nominee Director 19 Jul 2022 Current
Arun Taro Ramchandani Nominee Director 24 Apr 2017 Current
Manjeri Parameswaran Anantram Director 12 Aug 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 13 Aug 2010 Past
Pramod Abcsdd Nominee Director 28 Sep 2018 Past
Pramod Abcsdd Whole-Time Director 13 Aug 2010 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Nominee Director 20 Jul 2022 Past
Pramod Abcsdd Director 13 Aug 2010 Past

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Financial Performance of Magtorq.

Magtorq Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 14.91% increase. The company also saw a substantial improvement in profitability, with a 17.61% increase in profit. The company's net worth Soared by an impressive increase of 15.72%.

Magtorq revenue growth over time
Magtorq profit and loss trends over time
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
  • 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
********
 14.91%
*******
*******
*******
*******
Revenue from Operations
*******
 14.62%
*******
*******
*******
*******
Total Assets
*******
 -1.99%
*******
*******
*******
*******
Profit or Loss
*******
 17.61%
*******
*******
*******
*******
Net Worth
*******
 15.72%
*******
*******
*******
*******
EBITDA
*******
 165.25%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Magtorq?

In 2024, Magtorq had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹504,158,000.00

Satisfied Charges

₹336,081,548.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 50.16 Cr
  • The Tamil Nadu Industrial Investment Corporation Ltd. : 0.25 Cr
Latest Charge Details
Date Lender Amount Status
06 Mar 2015 Canara Bank ₹50.15 Cr Open
15 Mar 2002 Canara Bank ₹0.14 M Open
19 Nov 2001 The Tamil Nadu Industrial Investment Corporation Ltd. ₹2.02 M Open
30 Oct 1995 The Tamil Nadu Industrial Investment Corporation Ltd. ₹0.50 M Open
27 Nov 2012 Icici Bank Limited ₹12.94 Cr Satisfied

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How Many Employees Work at Magtorq?

Magtorq has a workforce of 186 employees as of Oct 08, 2025. 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magtorq, 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 Magtorq'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.

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Latest Updates, News, and FAQs on Magtorq
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Magtorq Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Magtorq Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    The activity A charge with Canara Bank of Rs. 501.50 M registered on 06 Mar 2015 with Charge ID 10578762 was modified on 22 Jan 2025. was completed.

  • Director Appointment

    Deepak Sankhla was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jul 2022 & has been associated with this company since 3 years 6 months . was recorded as a recent event.

  • Director Appointment

    Progress on Ajit Narayan was appointed as a Director was appointed as a Director on 03 May 2017 & has been associated with this company since 8 years 9 months . was documented.

  • Director Appointment

    Progress on Arun Taro Ramchandani was appointed as a Nominee Director was appointed as a Nominee Director on 24 Apr 2017 & has been associated with this company since 8 years 9 months . was documented.

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Frequently Asked Questions
What is the CIN of Magtorq Private Limited?

The CIN of Magtorq Private Limited is U02520TZ1989PTC002458.

Where is Magtorq Private Limited headquartered?

Magtorq Private Limited is headquartered at 58 C Sipcotindustrial Complex Hosur, Hosur, Tamil Nadu, 635126.

When was Magtorq Private Limited incorporated?

Magtorq Private Limited was incorporated on 13 June 1989.

Who are the current directors of Magtorq Private Limited?

The current directors of Magtorq Private Limited are

What is the primary industry of Magtorq Private Limited?

The primary industry of Magtorq Private Limited is Manufacturing.

Is Magtorq Private Limited a listed company?

Magtorq Private Limited is unlisted.

What is the capital structure of Magtorq Private Limited?

The authorized capital of Magtorq Private Limited is ₹2.40 M, and the paid-up capital is ₹2.10 M.

What is the compliance status of Magtorq Private Limited?

The compliance status of Magtorq Private Limited is Compliant.

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