Magtel Power Systems Private Limited

Manufactures electrical transformers and parts with ISO certification and advanced winding technology.

2005 | Ramanagar, Karnataka (India) | Active
Last Updated:

Magtel Power Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.75 Cr
  • Satisfied Charges ₹ 4.45 Cr
  • Revenue Growth 78.92%
  • Ebitda 82.34%
  • Net Worth -0.93%
  • Total Assets -5.73%

About Magtel Power Systems

Magtel Power Systems Private Limited (MPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 2005 and has a history of 20 years and two months. Its registered office is in Ramanagar, Karnataka, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹1.75 Cr. The company has closed loans amounting to ₹4.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gargeshwari Nagesh, Mysore Latha, and Anusha Gargi serve as directors at the Company.

Company Details

  • Location

    Ramanagar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909KA2005PTC035800

  • Company No.

    035800

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Magtel Power Systems Private Limited offer?

Magtel Power Systems Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Line Load Reactors, Electrical and Electronic Gadgets, Harmonic Filters, Transformers & Transformer Parts, Electronic Transformers, PCB Modules and Circuit Boards, Bare PCB, Resistors & Other Passive Devices, Electronic Choke.

Company report

Magtel Power Systems Private Limited

Explore comprehensive data for Magtel Power Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magtel Power Systems?

Board Members (3)

NameDesignationAppointment DateStatus
Gargeshwari Nagesh Country flag representing In Director 23-Jun-2007Current
Mysore Latha Country flag representing In Director 10-Mar-2005Current
Anusha Gargi Director 06-Aug-2024Current

Financial Performance of Magtel Power Systems.

Magtel Power Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 78.92% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 0.93%.

Magtel Power Systems revenue growth over time
Magtel Power Systems 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
78.92%
Revenue from Operations
78.53%
Total Assets
-5.73%
Profit or Loss
Net Worth
-0.93%
EBITDA
82.34%

What is the Ownership and Shareholding Structure of Magtel Power Systems?

In 2021, Magtel Power 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.75 Cr

Satisfied Charges

₹4.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2024Others₹1.75 CrOpen
31 Dec 2010State Bank Of Hyderabad₹1.20 CrSatisfied
25 Aug 2005State Bank Of Hyderabad₹3.25 CrSatisfied

How Many Employees Work at Magtel Power Systems?

Magtel Power Systems has a workforce of 7 employees as of Mar 21, 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.

Employee growth trends for Magtel Power Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magtel Power 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 Magtel Power Systems'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 Magtel Power Systems

Recent activity within the organization

  • Annual General Meeting

    Magtel Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100968386 was registered on 02 Sep 2024.

  • Director Appointment

    Anusha Gargi was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 9 months 5 days .

  • Balance Sheet

    Magtel Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 31 Dec 2010 via Charge ID 10261309 with State Bank Of Hyderabad was fully satisfied on 07 Sep 2022.

  • Charges

    A charge registered on 25 Aug 2005 via Charge ID 80017820 with State Bank Of Hyderabad was fully satisfied on 07 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Magtel Power Systems Private Limited?

    Magtel Power Systems Private Limited was incorporated on 10 Mar 2005.

  • What is authorized share capital and paid-up capital of Magtel Power Systems Private Limited?

    The authorized share capital of Magtel Power Systems Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Magtel Power Systems Private Limited?

    Currently 3 directors are associated with Magtel Power Systems Private Limited.

    • Gargeshwari Venkatramu Nagesh
    • Mysore Narayanamurthy Latha
    • Anusha Gargi

  • What is the registered address of Magtel Power Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magtel Power Systems Private Limited is No.36 2A Road 2Nd Phase, Sector Bidadi Industrial Area India, Ramanagara, Karnataka, 562109.

  • What is the corporate identification number (CIN) and company number of Magtel Power Systems Private Limited?

    The corporate identification number (CIN) of Magtel Power Systems Private Limited is U31909KA2005PTC035800 and the company number is 035800 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Magtel Power Systems Private Limited?

    The Official website of Magtel Power Systems Private Limited is https://www.magtelpower.com

  • What has been the recent revenue trend for Magtel Power Systems Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Magtel Power Systems Private Limited has risen by 78.92%.

  • How many employees does Magtel Power Systems Private Limited currently have?

    As Per 2022 financial reports, 7 employees are currently employed by Magtel Power Systems Private Limited.

  • What change has been observed in the net worth of Magtel Power Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Magtel Power Systems Private Limited has experienced an downturn of -0.93%.

  • What are the total open charges for Magtel Power Systems Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Magtel Power Systems Private Limited amount to ₹ 1.75 Cr.

  • When was the last Balance Sheet of Magtel Power Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Magtel Power Systems Private Limited was filed with the ROC on 31 Mar 2024.

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