Mangal Cotton Mills Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.08 Cr
- Company Age 45 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.73 Cr
- Satisfied Charges ₹ 31.56 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 seven 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 2024. 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 Cr.
The company currently has active open charges totaling ₹43.73 Cr. The company has closed loans amounting to ₹31.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Sharma, Gunjan Sekhani, and Rakesh Shekhani 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
19 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Mangal Cotton Mills Private Limited
Explore comprehensive data for Mangal Cotton Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mangal Cotton Mills?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Sharma  | Additional Director | 10-Dec-2020 | Current |
| Gunjan Sekhani | Director | 01-Jun-2003 | Current |
| Rakesh Shekhani | Director | 29-Apr-2024 | 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
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Sekhani Industries Private LimitedGunjan Sekhani is a mutual person
Charges (Loans)
Open Charges
₹43.73 Cr
Satisfied Charges
₹31.56 Cr
Charges Breakdown by Lending Institutions
- Sidbi : 31.05 Cr
- Hdfc Bank Limited : 12.68 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2021 | Hdfc Bank Limited | ₹12.68 Cr | Open |
| 26 Jun 2018 | Sidbi | ₹31.05 Cr | Open |
| 17 Dec 2020 | Sidbi | ₹1.81 Cr | Satisfied |
| 30 Mar 2017 | Sidbi | ₹1.00 Cr | Satisfied |
| 25 Mar 2016 | Others | ₹1.00 Cr | Satisfied |
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.
Latest Updates, News, and FAQs on Mangal Cotton Mills
Recent activity within the organization
- Annual General Meeting
Mangal Cotton Mills Private Limited last Annual general meeting of members was held on 19 Aug 2024 as per latest MCA records.
- Charges
A charge registered on 17 Dec 2020 via Charge ID 100396091 with Sidbi was fully satisfied on 29 Apr 2024.
- Charges
A charge registered on 30 Mar 2017 via Charge ID 100086890 with Sidbi was fully satisfied on 29 Apr 2024.
- Charges
A charge registered on 25 Mar 2016 via Charge ID 100020217 with Others was fully satisfied on 29 Apr 2024.
- Director Appointment
Rakesh Babulal Shekhani was appointed as a Director was appointed as a Director on 29 Apr 2024 & has been associated with this company since 10 months 21 days .
- Balance Sheet
Mangal Cotton Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Frequently asked questions
What is the Incorporation or founding date of Mangal Cotton Mills Private Limited?
Mangal Cotton Mills Private Limited was incorporated on 04 Aug 1979.
What is authorized share capital and paid-up capital of Mangal Cotton Mills Private Limited?
The authorized share capital of Mangal Cotton Mills Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.08 Cr.
Who are the current board members & directors of Mangal Cotton Mills Private Limited?
Currently 3 directors are associated with Mangal Cotton Mills Private Limited.
- Rajesh Sharma
- Gunjan Motilal Sekhani
- Rakesh Babulal Shekhani
What is the registered address of Mangal Cotton Mills Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Cotton Mills Private Limited is 44/45 Gidcindutrial Estate Phase I Vatva India, Ahmedabad, Gujarat, 382445.
What is the corporate identification number (CIN) and company number of Mangal Cotton Mills Private Limited?
The corporate identification number (CIN) of Mangal Cotton Mills Private Limited is U17119GJ1979PTC003473 and the company number is 003473 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mangal Cotton Mills Private Limited?
The Official website of Mangal Cotton Mills Private Limited is https://www.mangaltextile.com
What has been the recent revenue trend for Mangal Cotton Mills Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mangal Cotton Mills Private Limited has risen by 31.52%.
What change has been observed in the net worth of Mangal Cotton Mills Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mangal Cotton Mills Private Limited has experienced an upsurge of 8.23%.
What are the total open charges for Mangal Cotton Mills Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mangal Cotton Mills Private Limited amount to ₹ 43.73 Cr.
When was the last Balance Sheet of Mangal Cotton Mills Private Limited filed with the ROC?
The most recent Balance Sheet for Mangal Cotton Mills Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
MS
Motilal SekhaniDirectorRS
Rinish ShekhaniDirector