
About M-Gen Power Systems Private Limited
Data last updated:
M-Gen Power Systems Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 30 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45303TN1999PTC042737. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.9 Lakh. It was formerly known as Boot Captive Power Services Private Limited. It is led by directors Thirumalai Nambi Marirajan and Marirajan Manjula Devi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 63 Thiruvalluvar Main Road Nehru Nagar, Madurai, Tamil Nadu, India – 625016.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.64 Lakh (net margin -174.5%) and EBITDA of -₹1.2 Lakh (EBITDA margin -37.3%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 47% over five years.
The company is associated with 1 brand: MGENPower. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2.49 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgenpower.com.
Company details
Contact details
M-Gen Power Systems Private Limited's registered office is in Madurai, Tamil Nadu. Its website is mgenpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address63 Thiruvalluvar Main Road Nehru Nagar, Madurai, Tamil Nadu, India – 625016
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of M-Gen Power Systems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
M-Gen Power Systems operates one associated brand: MGENPower. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides operations and maintenance services for the solar and wind energy sectors. | mgenpower.com |
Business activity
The main business activity of M-Gen Power Systems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of M-Gen Power Systems Private Limited, buy the company report.
Financials of M-Gen Power Systems Private Limited
FY 2024 filings availableM-Gen Power Systems Private Limited reported revenue of ₹3.23 Lakh (up 176% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 176% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 47%. EBITDA rose 42% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.2 Lakh | ||||
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| Net Profit (PAT) | -₹5.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -37.3% | ||||
| Net Profit Margin | -174.5% | ||||
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To see the full financial statements and ratios of M-Gen Power Systems Private Limited, buy the company report.
Board of directors of M-Gen Power Systems Private Limited
M-Gen Power Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thirumalai Nambi Marirajan | Director | 30 Jun 1999 | 27 Years 4 Months | Current |
| Marirajan Manjula Devi | Director | 30 Jun 1999 | 27 Years 4 Months | Current |
Auditor
M-Gen Power Systems Private Limited is audited by MS S S AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MS S S AND CO | FY 2022 | 003502S |
Shareholding
The shareholding of M-Gen Power Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M-Gen Power Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2015 | 10576899 | Others | ₹2 Cr | Open | |
| 27 Oct 2010 | 10245608 | Axis Bank Limited | ₹20 Lakh | Satisfied | |
| 05 Aug 2008 | 10120590 | Axis Bank Limited | ₹1.1 Cr | Satisfied | |
| 20 Mar 2001 | 90286380 | State Bank of India | ₹14 Lakh | Satisfied | |
| 17 Nov 1999 | 90286302 | State Bank of India | ₹1.05 Cr | Satisfied |
To see the full charge records of M-Gen Power Systems Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
M-Gen Power Systems Private Limited has 2 court cases on record: 2 filed by M-Gen Power Systems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against The Commissioner of Commercial Taxes and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Commissioner of Commercial Taxes and 1 other | Disposed |
To see the full case history of M-Gen Power Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M-Gen Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M-Gen Power Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of M-Gen Power Systems Private Limited, buy the company report.
Recent activity
M-Gen Power Systems Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Mageshwari ceased to be Director on 29 Mar 2018.
8 earlier events are in the company report.
Frequently asked questions
M-Gen Power Systems is an active private limited company based in Madurai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 30 June 1999 (27+ years old) and is registered under CIN U45303TN1999PTC042737.
M-Gen Power Systems has 2 current directors:
- Thirumalai Nambi Marirajan - Director
- Marirajan Manjula Devi - Director
The latest financial statements of M-Gen Power Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. M-Gen Power Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of M-Gen Power Systems is U45303TN1999PTC042737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M-Gen Power Systems has 2 court cases on record: 2 filed by the company.
M-Gen Power Systems was incorporated on 30 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
Mageshwari ceased to be Director on 29 Mar 2018. Ramachandran Guruvigneshkumar ceased to be Director on 29 Mar 2018. Marirajan Manjula Devi was appointed as Director on 30 Jun 1999. M-Gen Power Systems has 4 board changes on record in total.
M-Gen Power Systems can be reached through the website mgenpower.com. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of M-Gen Power Systems is at 63 Thiruvalluvar Main Road Nehru Nagar, Madurai, Tamil Nadu, India – 625016.

