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 20 September 2024, with the balance sheet filed on 31 March 2024. It is based at 58 C Sipcotindustrial Complex Hosur, Hosur, Tamil Nadu, 635126.
U02520TZ1989PTC002458
002458
13 June 1989
₹2.40 M
₹2.10 M
Roc Coimbatore
Unlisted
Active
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| 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 |
| 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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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%.
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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.
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₹504,158,000.00
₹336,081,548.00
| 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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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.
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.
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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 recorded as a recent event.
Magtorq Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records. was recorded as a recent event.
Progress on Magtorq Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.
The activity 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 4 months . was completed.
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 6 months . was recorded as a recent event.
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 7 months . was recorded as a recent event.
The CIN of Magtorq Private Limited is U02520TZ1989PTC002458.
Magtorq Private Limited is headquartered at 58 C Sipcotindustrial Complex Hosur, Hosur, Tamil Nadu, 635126.
Magtorq Private Limited was incorporated on 13 June 1989.
The current directors of Magtorq Private Limited are
The primary industry of Magtorq Private Limited is Manufacturing.
Magtorq Private Limited is unlisted.
The authorized capital of Magtorq Private Limited is ₹2.40 M, and the paid-up capital is ₹2.10 M.
The compliance status of Magtorq Private Limited is Compliant.
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