Magtel Power Systems Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 19 Year, 10 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 19 years and ten 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
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Location
Ramanagar, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U31909KA2005PTC035800
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Company No.
035800
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Mar 2005
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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.
Who are the key members and board of directors at Magtel Power Systems?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gargeshwari Nagesh
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Director | 23-Jun-2007 | Current |
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Mysore Latha
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Director | 10-Mar-2005 | Current |
| Anusha Gargi | Director | 06-Aug-2024 | Current |
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%.
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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.
Charges (Loans)
₹1.75 Cr
₹4.45 Cr
Charges Breakdown by Lending Institutions
- Others : 1.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Others | ₹1.75 Cr | Open |
| 31 Dec 2010 | State Bank Of Hyderabad | ₹1.20 Cr | Satisfied |
| 25 Aug 2005 | State Bank Of Hyderabad | ₹3.25 Cr | Satisfied |
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.
Deals i
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
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.
