About
Basic Data Updated:
22 days agoFounded in 1989, Magtorq Private Limited is a renowned company that specializes in the design, manufacturing, and supply of planetary and custom build gear transmission systems. These systems are used in a wide range of industries, including construction, manufacturing, and transportation. MPL's product line includes a variety of high-quality gearboxes such as planetary gearbox, bevel planetary gearbox, gear head, crane creep unit, hoist, and winch gearbox. In addition, the company also offers electro-mechanical screw jacks and special gearboxes to meet the specific needs of its clients. The company's registered office is located in Hosur, Tamil Nadu, where a team of skilled engineers and technicians work tirelessly to ensure the production of top-notch products. MPL's commitment to quality and innovation has earned them a strong reputation in the market, making them a preferred choice for many businesses. With a focus on continuous improvement and customer satisfaction, Magtorq Private Limited continues to grow and expand its reach globally. Their dedication to providing reliable and efficient gear transmission systems has made them a leader in the industry.
Industry
Company Details
- Location
Krishnagiri, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U02520TZ1989PTC002458 |
| Company No. | 002458 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 13 Jun 1989 |
| Date of AGM | 30 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Coimbatore |
Products or Services related to Magtorq Private Limited
Industrial Gearboxes
Winches
Gear parts
Gear Motor
Financials of Magtorq Private Limited
Magtorq Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.34% increase. The company also saw a substantial improvement in profitability, with a 460.95% increase in profit. The company's net worth Soared by an impressive increase of 16.15%.
Corporate Structure
Unlock access to Magtorq's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Magtorq Private Limited
Unlock and access historical data on people associated with Magtorq, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
PK
Pantallore Kutty
Managing DirectorAppointment Date: 04-Jul-1989
Status: Current
Board Members(4)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 06 Mar 2015 | ₹30.15 Cr | Open |
Canara Bank Creation Date: 15 Mar 2002 | ₹0.14 M | Open |
The Tamil Nadu Industrial Investment Corporation Ltd. Creation Date: 19 Nov 2001 | ₹2.02 M | Open |
Deals i
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
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.
Alert
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.
Related Corporates (Common Directorship)
Magtorq Engineering Solutions Private Limited
Active
16 years 9 months Pantallore Kutty, Manjeri Anantram and 1 more are mutual person
Palakkad Organic Food Crop Producer Company Limited
Active 8 years 10 months Pantallore Kutty is a mutual person
L&T Special Steels And Heavy Forgings Private Limited
Active 14 years 10 months Arun Ramchandani is a mutual person
Recent activity within the organization
Charges
A charge with Canara Bank of Rs. 3,015.00 Lakh registered on 06 Mar 2015 with Charge ID 10578762 was modified on 13 Oct 2023.
13 Oct 2023Annual General Meeting
Magtorq Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Magtorq Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
31 Mar 2023Director 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 1 year 9 months .
19 Jul 2022Director Appointment
Ajit Narayan was appointed as a Director was appointed as a Director on 03 May 2017 & has been associated with this company since 7 years 13 days .
03 May 2017
Frequently asked questions
What is the Incorporation or founding date of Magtorq Private Limited?
