Mangal Credit And Fincorp Limited logo

Mangal Credit And Fincorp Limited

Provides various loans to individuals and businesses, registered with RBI.

1961 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

5 days ago

"Introducing MANGAL CREDIT AND FINCORP LIMITED - a reputable financial institution that has been making a positive impact in the industry since 1961. With a strong credit rating and registration with the Reserve Bank of India as a Non-Deposit Taking Company, MCFL is a trusted name in the market. The company specializes in providing various types of loans, including business loans, loans against property, personal loans, and gold loans, to individuals and businesses for income generation activities. With a presence in Maharashtra and Gujarat, MCFL currently operates from eight branches, catering to the financial needs of individuals and MSMEs. Its registered office is located in Mumbai, Maharashtra. Trust, reliability, and customer satisfaction are at the core of MCFL's operations, making it a preferred choice for those seeking financial assistance."

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL65990MH1961PLC012227
Company No.012227
Stock Symbol BSE : 505850
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date29 Dec 1961
Date of AGM22 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Mangal Credit And Fincorp Limited

financial-graph
Content-lock

Mangal Credit And Fincorp Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.56% increase. The company also saw a substantial improvement in profitability, with a 30.12% increase in profit. The company's net worth moved up by a moderate rise of 5.68%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Mangal Credit And Fincorp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Mangal Credit And Fincorp Limited

Executive Team (4)

  • MJ

    Meghraj Jain In Managing Director

    Appointment Date: 14-Aug-2013

    Status: Current

  • MR

    Manish Rathi CEO

    Appointment Date: 06-Apr-2022

    Status: Current

  • NJ

    Nilesh Jain CFO

    Appointment Date: 02-Sep-2022

    Status: Current

  • CP

    Chirag Parmar Company Secretary

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹89.15 cr

₹5.97 cr

LenderAmountStatus

The Catholic Syrian Bank Ltd

Creation Date: 21 Aug 2023
₹7.00 CrOpen

Others

Creation Date: 21 Feb 2023
₹7.00 CrOpen

State Bank Of India

Creation Date: 25 Aug 2022
₹30.00 CrOpen

Deals i

Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Mangal Credit And Fincorp, 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 Credit And Fincorp's trajectory.

Rating

Rating-Graph
Content-lock

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.

Alert

Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

  • Stragility Consulting Private Limited

    Stragility Consulting Private Limited

    Active build-icon 6 years 11 months

    Sujan Sinha is a mutual person

  • Magalir Micro Capital Private Limited

    Magalir Micro Capital Private Limited

    Active build-icon 8 years 8 months

    Ramanathan Annamalai is a mutual person

  • Xtremsoft Technologies Private Limited

    Xtremsoft Technologies Private Limited

    Active build-icon 16 years 6 months

    Sriram Sankaranarayanan is a mutual person

  • Cnx Corporation Limited

    Cnx Corporation Limited

    Active build-icon 14 years 2 months

    Nirupama Pendurkar is a mutual person

  • Rgvn (North East) Microfinance Limited

    Rgvn (North East) Microfinance Limited

    Active build-icon 15 years 10 months

    Ramanathan Annamalai is a mutual person

  • Kaleidofin Capital Private Limited

    Kaleidofin Capital Private Limited

    Active build-icon 3 years 2 months

    Ramanathan Annamalai is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with City Union Bank Limited of Rs. 20.00 cr registered on 13 Aug 2021 with Charge ID 100476080 was modified on 07 Oct 2023.

    07 Oct 2023
  • Activity

    Annual General Meeting

    Mangal Credit And Fincorp Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023
  • Activity

    Charges

    A charge with The Catholic Syrian Bank Ltd amounted to Rs. 7.00 cr with Charge ID 100783456 was registered on 21 Aug 2023.

    21 Aug 2023
  • Activity

    Balance Sheet

    Mangal Credit And Fincorp Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge with State Bank Of India of Rs. 30.00 cr registered on 25 Aug 2022 with Charge ID 100608015 was modified on 30 Mar 2023.

    30 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Mangal Credit And Fincorp Limited?

Mangal Credit And Fincorp Limited was incorporated 62 years 4 months ago on 29 Dec 1961 with Registrar of Companies Roc Mumbai.

People also Viewed

Similar Companies Based on NBFC

  • Shriram Finance Limited

    Chennai, Tamil Nadu, India

  • Indian Railway Finance Corporation Limited

    South West Delhi, Delhi, India

  • Power Finance Corporation Limited

    Central Delhi, Delhi, India

  • Sbi Cards And Payment Services Limited

    North West Delhi, Delhi, India

  • Mahindra And Mahindra Financial Services Limited

    Mumbai, Maharashtra, India

  • Bandhan Financial Holdings Limited

    North 24 Parganas, West Bengal, India

  • Cholamandalam Investment And Finance Company Limited

    Chennai, Tamil Nadu, India

  • Muthoot Finance Limited

    Ernakulam, Kerala, India

  • Bajaj Finance Limited

    Pune, Maharashtra, India

  • Rec Limited

    Central Delhi, Delhi, India

  • Tata Sons Private Limited

    Mumbai, Maharashtra, India

  • Hdb Financial Services Limited

    Ahmedabad, Gujarat, India