Manar Tools Private Limited

Manufacturer and supplier of indexable tools, PCD/CBN inserts, and solid carbide tools for various industries.

2014 | Satara, Maharashtra (India) | Active
Last Updated: November 16, 2024

Who are the key members and board of directors at Manar Tools?

Board Members (3)

NameDesignationAppointment DateStatus
Vishal Telge Country flag representing In Director 07-Jan-2014Current
Shobha Telge Country flag representing In Director 07-Jan-2014Current
Subhash Raut Country flag representing In Director 20-Jan-2018Current

Financial Performance of Manar Tools.

Manar Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.58% increase. The company also saw a substantial improvement in profitability, with a 87.5% increase in profit. The company's net worth Soared by an impressive increase of 21.08%.

Graph illustrating revenue growth over time
Graph showing 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
67.58%
Revenue from Operations
67.80%
Total Assets
79.79%
Profit or Loss
87.50%
Net Worth
21.08%
EBITDA
56.54%

Charges (Loans)

Open Charges

₹80.24 Cr

Satisfied Charges

₹8.93 Cr

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 32.71 Cr
  • Sidbi : 26.50 Cr
  • Tata Capital Financial Services Limited : 13.60 Cr
  • Others : 7.43 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2024Tjsb Sahakari Bank Limited₹2.50 CrOpen
08 Jul 2024Others₹7.43 CrOpen
02 Apr 2024Tjsb Sahakari Bank Limited₹3.50 MOpen
02 Apr 2024Tjsb Sahakari Bank Limited₹3.50 MOpen
07 Feb 2024Tjsb Sahakari Bank Limited₹5.00 CrOpen

How Many Employees Work at Manar Tools?

Manar Tools has a workforce of 73 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manar Tools, 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 Manar Tools'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 Manar Tools

Recent activity within the organization

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100993244 was registered on 11 Oct 2024.

    11 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 7.43 Cr with Charge ID 100993595 was registered on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100907788 was registered on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100923725 was registered on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge registered on 22 May 2020 via Charge ID 100366598 with Tjsb Sahakari Bank Limited was fully satisfied on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge registered on 25 Sep 2017 via Charge ID 100130781 with Tjsb Sahakari Bank Limited was fully satisfied on 27 Feb 2024.

    27 Feb 2024

Frequently asked questions

  • Manar Tools Private Limited was incorporated on 07 Jan 2014.

  • The authorized share capital of Manar Tools Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.15 Cr.

  • Currently 3 directors are associated with Manar Tools Private Limited.

    • Vishal Uttam Telge
    • Shobha Uttam Telge
    • Subhash Ramchandra Raut
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manar Tools Private Limited is Plot No 04 Chordiya Industrial Park Sangvi Taluka Khandala, India, Satara, Maharashtra, 412801.

  • The corporate identification number (CIN) of Manar Tools Private Limited is U29220PN2014PTC150074 and the company number is 150074 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Manar Tools Private Limited is https://www.manartools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Manar Tools Private Limited has risen by 67.58%.

  • As Per 2023 financial reports, 73 employees are currently employed by Manar Tools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Manar Tools Private Limited has experienced an upsurge of 21.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Manar Tools Private Limited amount to ₹ 80.24 Cr.

  • The most recent Balance Sheet for Manar Tools Private Limited was filed with the ROC on 31 Mar 2023.

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