About Underground Magnetics Private Limited
Data last updated: 23 December 2025
Underground Magnetics Private Limited is a foreign private limited company based in Suraj Kund, Haryana, India, a subsidiary of Gl Underground Limited. It specialises in process machinery and industrial equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 28 September 2016, the company has been in operation for over 10 years.
Registered with ROC Delhi under CIN U74999HR2016FTC065935.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹10 Cr. It is led by directors Rajeev Gupta and Michael David Young.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 501 & 506 5Th Floor The Pinnacle Business Tower Shooting Range Road, Suraj Kund, Haryana, India – 121009.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.27 Cr, a growth of 2% compared to the previous year.
It operates as a subsidiary of Gl Underground Limited.
The company is associated with 1 brand - Underground Magnetics.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website undergroundmagnetics.co.in.
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Registered Address501 & 506 5Th Floor The Pinnacle Business Tower Shooting Range Road, Suraj Kund, Haryana, India – 121009
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IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Underground Magnetics Private Limited
Underground Magnetics Private Limited operates one associated brand: Underground Magnetics. These brands represent Underground Magnetics Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| HDD locating systems and magnetic guidance are provided for horizontal directional drilling and trenchless technology in India. | undergroundmagnetics.co.in |
Business Activity of Underground Magnetics Private Limited
Underground Magnetics Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Underground Magnetics Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Underground Magnetics Private Limited
Underground Magnetics Private Limited is audited by SHYAM GOEL & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHYAM GOEL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Underground Magnetics Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Underground Magnetics Private Limited
Underground Magnetics Private Limited is currently managed by 2 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Gupta | Managing Director | 01 Apr 2024 | 2 Years 3 Months | Current |
| Michael David Young | Director | 18 May 2022 | 4 Years 2 Months | Current |
Financials of Underground Magnetics Private Limited FY 2024 filings available
Underground Magnetics Private Limited reported revenue of ₹26.27 Cr (up 2.00% YoY) for FY 2025.
Ten-year financial statements for Underground Magnetics Private Limited
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Ownership and Shareholding of Underground Magnetics Private Limited
Shareholding and ownership data for Underground Magnetics Private Limited
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Charges & Borrowings Underground Magnetics Private Limited
Underground Magnetics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Underground Magnetics Private Limited
View historical data on people associated with Underground Magnetics Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Underground Magnetics Private Limited
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GST Compliance of Underground Magnetics Private Limited
GST registrations and filing compliance for Underground Magnetics Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Underground Magnetics Private Limited
Credit ratings, litigation, and regulatory alerts for Underground Magnetics Private Limited
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MSME Payment Delays by Underground Magnetics Private Limited
MSME payment history for Underground Magnetics Private Limited
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Subsidiaries & Group Companies of Underground Magnetics Private Limited
Corporate group structure for Underground Magnetics Private Limited
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MCA Filings & Documents of Underground Magnetics Private Limited
MCA filings and documents for Underground Magnetics Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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Recent Activity on Underground Magnetics Private Limited
Frequently Asked Questions about Underground Magnetics Private Limited
Underground Magnetics Private Limited is an active foreign private limited company in the machinery and equipment sector based in Suraj Kund, Haryana, India. It was incorporated on 28 September 2016 (10+ years old) and is registered under CIN U74999HR2016FTC065935.
Underground Magnetics Private Limited reported revenue of ₹26.27 Cr for FY 2025 (up 2.00% YoY).
The current directors of Underground Magnetics Private Limited are:
- Rajeev Gupta - Managing Director
- Michael David Young - Director
The primary industry of Underground Magnetics Private Limited is machinery and equipment. The company specifically operates in process machinery and industrial equipment. The company is currently active in this sector.
Underground Magnetics Private Limited can be reached at the registered office: 501 & 506 5Th Floor The Pinnacle Business Tower Shooting Range Road, Suraj Kund, Haryana, India – 121009, or through the website undergroundmagnetics.co.in.
The authorised capital is ₹20 Cr, and the paid-up capital is ₹10 Cr.