Mangal Cotton Mills Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.08 M
- Company Age 45 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 47.54 Cr
- Satisfied Charges ₹ 27.75 Cr
- Revenue Growth 31.52%
- Profit Growth 48.21%
- Ebitda 22.23%
- Net Worth 8.23%
- Total Assets -14.24%
About Mangal Cotton Mills
Mangal Cotton Mills Private Limited (MCMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 1979 and has a history of 45 years and six months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Rachana Fabrics Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.08 M.
The company currently has active open charges totaling ₹47.54 Cr. The company has closed loans amounting to ₹27.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gunjan Sekhani, Rinish Shekhani, Rakesh Shekhani, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17119GJ1979PTC003473
- Company No.
003473
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Aug 1979
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Mangal Cotton Mills?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gunjan Sekhani  | Director | 01-Jun-2003 | Current |
| Rinish Shekhani | Director | 27-Sep-2005 | Current |
| Rakesh Shekhani | Additional Director | 11-May-2024 | Current |
| Motilal Sekhani | Director | 10-Apr-1993 | Current |
| Rajesh Sharma | Additional Director | 10-Dec-2020 | Current |
Financial Performance of Mangal Cotton Mills.
Mangal Cotton Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.52% increase. The company also saw a substantial improvement in profitability, with a 48.21% increase in profit. The company's net worth moved up by a moderate rise of 8.23%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Mangal Cotton Mills?
In 2023, Mangal Cotton Mills had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Texworld Fashions Private LimitedRinish Shekhani and Motilal Sekhani are mutual person
Charges (Loans)
₹47.54 Cr
₹27.75 Cr
Charges Breakdown by Lending Institutions
- Sidbi : 33.86 Cr
- Hdfc Bank Limited : 12.68 Cr
- Others : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2021 | Hdfc Bank Limited | ₹12.68 Cr | Open |
| 17 Dec 2020 | Sidbi | ₹1.81 Cr | Open |
| 26 Jun 2018 | Sidbi | ₹31.05 Cr | Open |
| 30 Mar 2017 | Sidbi | ₹1.00 Cr | Open |
| 25 Mar 2016 | Others | ₹1.00 Cr | Open |
How Many Employees Work at Mangal Cotton Mills?
Unlock and access historical data on people associated with Mangal Cotton Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mangal Cotton Mills, 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 Mangal Cotton Mills'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.
