About Vac Magnetic India Private Limited
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Vac Magnetic India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Omg Kokkola Chemicals Holding (Two) Bv. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 31 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2013FTC240083. Its GSTIN is 27AABCO7866Q1ZI (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹80 Lakh. It was formerly known as Omg Chemicals and Magnetics Private Limited. It is led by directors including Abhishek Gautam Nagarkar and Ravindra Nagendra Hanchate.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No A – 101/102 1st Floor Kailas Business Park Veer Savarkar Road Parksite Vikhroli (W), Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.07 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹16.65 Lakh (net margin 8.1%) and EBITDA of ₹25.55 Lakh (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vacuumschmelze and OMGI.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website omgi.com.
Company details
Contact details
Vac Magnetic India Private Limited's registered office is in Mumbai, Maharashtra. Its website is omgi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No A – 101/102 1st Floor Kailas Business Park Veer Savarkar Road Parksite Vikhroli (W), Mumbai, Maharashtra, India – 400079
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Vac Magnetic India 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
Vac Magnetic India operates two associated brands: VACUUMSCHMELZE and OMGI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advanced magnetic materials and components are manufactured for multiple industries. | vacuumschmelze.com | |
| Website directory and content services are provided by OMGI. | omgi.com |
Business activity
The main business activity of Vac Magnetic India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Vac Magnetic India Private Limited, buy the company report.
Financials of Vac Magnetic India Private Limited
FY 2025 filings availableVac Magnetic India Private Limited reported revenue of ₹2.07 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 2% growth in the latest year. EBITDA fell 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.55 Lakh | ||||
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| Net Profit (PAT) | ₹16.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 8.1% | ||||
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To see the full financial statements and ratios of Vac Magnetic India Private Limited, buy the company report.
Board of directors of Vac Magnetic India Private Limited
Vac Magnetic India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Gautam Nagarkar | Director | 06 Apr 2018 | 8 Years 7 Months | Current |
| Ravindra Nagendra Hanchate Also directs: Effwa Infra & Research Limited | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
| Aryan Prakash Gangapari | Director | 19 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Vac Magnetic India Private Limited is audited by Price Waterhouse & Co. Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co. Chartered Accountants LLP | FY 2023 | 304026E |
Shareholding
The shareholding of Vac Magnetic India 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 Vac Magnetic India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vac Magnetic India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vac Magnetic India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vac Magnetic India Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vac Magnetic India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCO7866Q1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vac Magnetic India Private Limited, buy the company report.
Recent activity
Vac Magnetic India Private Limited has 13 board changes on record since 2013: 8 appointments and 5 cessations. The latest: Aryan Prakash Gangapari was appointed as Director on 19 Aug 2024.
4 earlier events are in the company report.
Frequently asked questions
Vac Magnetic India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 31 January 2013 (13+ years old) and is registered under CIN U24233MH2013FTC240083.
Vac Magnetic India has 3 current directors:
- Abhishek Gautam Nagarkar - Director
- Ravindra Nagendra Hanchate - Director
- Aryan Prakash Gangapari - Director
The latest financial statements of Vac Magnetic India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vac Magnetic India is 27AABCO7866Q1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vac Magnetic India is U24233MH2013FTC240083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vac Magnetic India was incorporated on 31 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Aryan Prakash Gangapari was appointed as Director on 19 Aug 2024. Peng Yun Say ceased to be Director on 19 Nov 2023. Abhishek Gautam Nagarkar was appointed as Director on 06 Apr 2018. Vac Magnetic India has 13 board changes on record in total.
Vac Magnetic India can be reached through the website omgi.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vac Magnetic India is at Unit No A – 101102 1st Floor Kailas Business Park Veer Savarkar Road Parksite Vikhroli W, Mumbai, Maharashtra, India – 400079.
Vac Magnetic India operates in the machinery and equipment industry, in the industrial products retail and distribution segment.
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