Magal Machine Tools And Accessories Private Limited

Provides tooling and project solutions for machining and turning centers.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: January 18, 2025

Magal Machine Tools And Accessories Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 16431.32%
  • Profit Growth 20102.02%
  • Ebitda 12664.03%
  • Net Worth 11425.10%
  • Total Assets 9901.83%

About Magal Machine Tools And Accessories

Magal Machine Tools And Accessories Private Limited (MMTAAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 2004 and has a history of 20 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.25 M.

The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹6.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ramohalli Karthik and Usha Rao serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    magalmachinetools.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KA2004PTC034587

  • Company No.

    034587

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

Who are the key members and board of directors at Magal Machine Tools And Accessories?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramohalli Karthik Country flag representing In Managing Director25-Feb-2005Current

Board Members (1)

NameDesignationAppointment DateStatus
Usha Rao Country flag representing In Director 25-Feb-2005Current

Financial Performance of Magal Machine Tools And Accessories.

Magal Machine Tools And Accessories Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16431.32% increase. The company also saw a substantial improvement in profitability, with a 20102.02% increase in profit. The company's net worth Soared by an impressive increase of 11425.1%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16431.32%
Revenue from Operations
16393.50%
Total Assets
9901.83%
Profit or Loss
20102.02%
Net Worth
11425.10%
EBITDA
12664.03%

What is the Ownership and Shareholding Structure of Magal Machine Tools And Accessories?

Unlock access to Magal Machine Tools And Accessories'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹6.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2021Hdfc Bank Limited₹2.00 MOpen
24 Sep 2009Axis Bank Limited₹6.50 MSatisfied

How Many Employees Work at Magal Machine Tools And Accessories?

Unlock and access historical data on people associated with Magal Machine Tools And Accessories, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magal Machine Tools And Accessories, 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 Magal Machine Tools And Accessories's trajectory.

Rating

Graph displaying rating trends over time

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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Magal Machine Tools And Accessories

Recent activity within the organization

  • Annual General Meeting

    Magal Machine Tools And Accessories Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Magal Machine Tools And Accessories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.00 M registered on 30 Jul 2021 with Charge ID 100466756 was modified on 28 Apr 2022.

    28 Apr 2022

  • Charges

    A charge registered on 24 Sep 2009 via Charge ID 10180875 with Axis Bank Limited was fully satisfied on 19 Mar 2022.

    19 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100466756 was registered on 30 Jul 2021.

    30 Jul 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 6.50 M registered on 24 Sep 2009 with Charge ID 10180875 was modified on 29 Feb 2012.

    29 Feb 2012

Frequently asked questions

  • Magal Machine Tools And Accessories Private Limited was incorporated on 27 Aug 2004.

  • The authorized share capital of Magal Machine Tools And Accessories Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.25 M.

  • Currently 2 directors are associated with Magal Machine Tools And Accessories Private Limited.

    • Ramohalli Krishnrao Karthik
    • Usha Jaivittal Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magal Machine Tools And Accessories Private Limited is Shop No. 5 6 I Floor Kssidc Special Plot No.19 Stage, Peenya Industrial Estate India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Magal Machine Tools And Accessories Private Limited is U51909KA2004PTC034587 and the company number is 034587 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Magal Machine Tools And Accessories Private Limited is https://www.magalmachinetools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Magal Machine Tools And Accessories Private Limited has risen by 16431.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Magal Machine Tools And Accessories Private Limited has experienced an upsurge of 11425.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Magal Machine Tools And Accessories Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Magal Machine Tools And Accessories Private Limited was filed with the ROC on 31 Mar 2023.