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ActiveTamil NaduSince 2006

Magal Engg. Tech Private Limited

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Set up in 2006. It has pledged its assets against loans of up to ₹106.98 crore from 3 lenders.

CINU34300TN2006PTC059709
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20 years at a glance

Loans against its assets, and when today's people joined

2008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyCanara Bank, up to ₹50 lakh, 5 Jul 2007 to 3 Apr 2009Axis Bank Limited, up to ₹15.8 crore, 25 Feb 2008 to 14 Aug 2010Reliance Consumer Finance Private Limited, up to ₹14 crore, 30 Jun 2010 to 12 Oct 2012Indian Overseas Bank, up to ₹55.48 crore, 16 Aug 2012 to still openSmall Industries Development Bank of India, up to ₹15 crore, 6 Jan 2025 to still openRBL Bank LTD, up to ₹36.5 crore, 3 Aug 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2006Registered as a company on 3 May 2006.
  • 2012Its biggest loan against assets, ₹55.48 crore with Indian Overseas Bank, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹106.98 crorein loans backed by its assets, from 3 lenders

  • Indian Overseas Bank₹55.48 crore

    Open, taken out 16 Aug 2012

  • RBL Bank LTD₹36.5 crore

    Open, taken out 3 Aug 2026

  • Small Industries Development Bank of India₹15 crore

    Open, taken out 6 Jan 2025

3 earlier loans, now paid off
  • Reliance Consumer Finance Private Limited30 Jun 2010 to 12 Oct 2012₹14 crore
  • Axis Bank Limited25 Feb 2008 to 14 Aug 2010₹15.8 crore
  • Canara Bank5 Jul 2007 to 3 Apr 2009₹50 lakh

What its filings add

Magal Engg. Tech files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.