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BharatSeal · 66, 3rd Cross, Winn Field Garden, Bengaluru, Karnataka 560077, India
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Home·Search·New Engineering Magnates Private Limited

New Engineering Magnates Private Limited

Chennai, TN·Est. 1989·Verified
✦ Send inquiry✦ Start Protected Order
◎

BharatSeal Verified

See trust breakdown ↓

Verified Trust Badges2

Trade Assurance — AvailableProtected payments & escrow
Government Verified · click a badge for details
MCA
ProfileProductsReviews
Established1989
Paid-up capital₹3.2 L
Employees EPFO50-100
Illustrative · AI-generated
✓ Exports to 2 countries

Profile

About

Ashvini Magnets is a leading magnet manufacturer in India with over 25 years of experience. They hold over 80% market share in the Indian magnet industry and are known for their precision engineering, high-quality products, and exceptional customer service. Their commitment to innovation and quality has made them a trusted supplier for 200+ global customers.

Production capability

Employees EPFO50-100
Production capacity4 Million Magnets/Month
Annual turnoverRs.100 Cr

Trade background

Industries servedAutomotive, Construction
Main marketsIndia + 2 countries

Certifications & compliance

ISO 9001
BIS
MSME

Government trust score

Anchored to live government registries — MCA, GSTN, DGFT, EPFO. No pay-to-play badges. Refreshed weekly.

◎Verified Manufacturer

Partially verified — 6 of 10 criteria met

Based on 6 verified government sources
Verifiedtier
MCA Registration✓ MCA
CIN U29309TN1989PTC017520
Active Status✓ MCA
Active in MCA registry
GST Registration– GSTN
Not GST-registered or GSTIN unavailable
Export Registration (IEC)– DGFT
No IEC — domestic market only
MSME Registration (Udyam)– Udyam
Not MSME-registered
PAN (Income Tax)– GSTN
PAN not on record
Data Freshness✓ BharatSeal
Last verified: 14 May 2026
Employee Data (EPFO)✓ EPFO
50-100 employees on record
Paid-up Capital✓ MCA
₹3.2L paid-up equity
Operating History✓ MCA
37 years in business — established track record
Company Health Score
Fair · 2/4
✓
MCA Active
Ministry of Corporate Affairs
–
GST Registered
GSTN database
✓
EPFO Data
Employee records verified
–
IEC / Exporter
DGFT export registry
Data refreshed 40 days ago

Verified for export

Government-registered export credentials verified from DGFT and MCA registries.

Active export markets
India + 2 countries
UAEKenya

Company facts

Legal entityPrivate Limited
CINU29309TN1989PTC017520
GSTINSign in to view
PANSign in to view
Founded1989
Listing statusUnlisted
Company classPrivate
NIC code29309
Industry classificationManufacturing (Machinery and Equipments)
Main marketsIndia + 2 countries
Paid-up capital₹3.2 L
Authorized capital₹5.0 L
ROCROC Chennai
Registered office PIN600092

Products 3

Insert Molded Magnets
ISO 9001certified
Insert Molded Magnets
Over Molded Magnets
ISO 9001certified
Over Molded Magnets
Injection Bonded Magnets
ISO 9001certified
Injection Bonded Magnets

Contact supplier

Free · Direct WhatsApp
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No listing fees · No commissions · You deal directly with the manufacturer.
Export ready2 countries
Government verification ledger
MCA (Ministry of Corporate Affairs) — CIN U29309TN1989PTC017520

NEW ENGINEERING MAGNATES PRIVATE LIMITED is anchored to the official records above. Anything self-declared by the company is labelled separately on this page. Check another company free →

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