Magtech Security Systems Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 12-07-2024
- Paid Up Capital ₹ 0.10 M
as on 12-07-2024
- Company Age 10 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.12 Cr
as on 12-07-2024
- Satisfied Charges ₹ 2.00 Cr
as on 12-07-2024
- Revenue 157.56%
(FY 2022)
- Profit 120.41%
(FY 2022)
- Ebitda 1373.56%
(FY 2022)
- Net Worth 85.44%
(FY 2022)
- Total Assets 145.55%
(FY 2022)
About Magtech Security Systems
The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹5.12 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balamurali Kalaimani, Elavazhagi Leelaadevi, and Annamalai Anitha serve as directors at the Company.
- CIN/LLPIN
U74900TN2014PTC097103
- Company No.
097103
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Aug 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Korattur, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Magtech Security Systems Private Limited offer?
Magtech Security Systems Private Limited offers a wide range of products and services, including Road Barriers & Safety, Road Barriers, Metal, Security & Safety Detectors, Security Metal Baggage & Vehicle Scanner, Bollards, Flap Barrier, Metal Detector.
Who are the key members and board of directors at Magtech Security Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balamurali Kalaimani  | Managing Director | 28-Aug-2014 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Elavazhagi Leelaadevi | Director | 23-Aug-2023 | Current |
| Annamalai Anitha | Director | 18-Mar-2019 | Current |
Financial Performance of Magtech Security Systems.
Magtech Security Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 157.56% increase. The company also saw a substantial improvement in profitability, with a 120.41% increase in profit. The company's net worth Soared by an impressive increase of 85.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Magtech Security Systems?
In 2020, Magtech Security Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 25 Jul 2023 | ₹7.45 M | Open |
Hdfc Bank Limited Creation Date: 07 Nov 2022 | ₹8.71 M | Open |
Others Creation Date: 29 Oct 2022 | ₹3.50 Cr | Open |
How Many Employees Work at Magtech Security Systems?
Magtech Security Systems has a workforce of 38 employees as of Apr 08, 2024. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magtech Security Systems, 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 Magtech Security Systems's trajectory.
Rating
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
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.
