Mangal Credit And Fincorp Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 15-05-2024
- Paid Up Capital ₹ 19.56 Cr
as on 15-05-2024
- Company Age 62 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 89.15 Cr
as on 15-05-2024
- Satisfied Charges ₹ 5.97 Cr
as on 15-05-2024
- Revenue 54.56%
(FY 2023)
- Profit 30.12%
(FY 2023)
- Ebitda 46.37%
(FY 2023)
- Net Worth 5.68%
(FY 2023)
- Total Assets 47.43%
(FY 2023)
About Mangal Credit And Fincorp
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505850.
The Corporate was formerly known as Tak Machinery Limited. The Company is engaged in the Financial Services 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 25.00 Cr and a paid-up capital of Rs 19.56 Cr.
The company currently has active open charges totaling ₹89.15 Cr. The company has closed loans amounting to ₹5.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mangal Credit And Fincorp Limited India are Manish Rathi as Ceo, Nilesh Jain as Cfo, and Chirag Parmar as Company Secretary. Sriram Sankaranarayanan, Meghraj Jain, Nirupama Pendurkar, and Four other members serve as directors at the Company.
- CIN/LLPIN
L65990MH1961PLC012227
- Company No.
012227
- Stock Symbol
BSE : 505850
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Dec 1961
- Date of AGM
22 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Mangal Credit And Fincorp?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meghraj Jain  | Managing Director | 14-Aug-2013 | Current |
| Manish Rathi | CEO | 06-Apr-2022 | Current |
| Nilesh Jain | CFO | 02-Sep-2022 | Current |
| Chirag Parmar | Company Secretary | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sriram Sankaranarayanan | Director | 11-Nov-2020 | Current |
| Ramanathan Annamalai | Director | 06-Jul-2018 | Current |
| Nilesh Jain | Director | 30-Sep-2022 | Current |
| Nirupama Pendurkar | Director | 30-May-2015 | Current |
| Subramanyam Ganesh | Director | 14-Nov-2018 | Current |
| Sujan Sinha | Director | 11-Nov-2020 | Current |
Financial Performance and Corporate Structure Insights of Mangal Credit And Fincorp.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mangal Credit And Fincorp?
In 2022, Mangal Credit And Fincorp had a promoter holding of 62.36% and a public holding of 37.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magalir Micro Capital Private LimitedActive 9 years 3 monthsRamanathan Annamalai is a mutual person
Xtremsoft Technologies Private LimitedActive 17 years 1 monthSriram Sankaranarayanan is a mutual person
Rgvn (North East) Microfinance LimitedActive 16 years 5 monthsRamanathan Annamalai is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Catholic Syrian Bank Ltd Creation Date: 21 Aug 2023 | ₹7.00 Cr | Open |
Others Creation Date: 21 Feb 2023 | ₹7.00 Cr | Open |
State Bank Of India Creation Date: 25 Aug 2022 | ₹30.00 Cr | Open |
How Many Employees Work at Mangal Credit And Fincorp?
Mangal Credit And Fincorp has a workforce of 53 employees as of Mar 27, 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.
Deals i
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
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.
