Mangal Electrical Industries Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 20.50 Cr
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 198.25 Cr
- Satisfied Charges ₹ 167.54 Cr
- Revenue Growth -42.31%
- Profit Growth -63.76%
- Ebitda -12.00%
- Net Worth 2.32%
- Total Assets -1.56%
About Mangal Electrical Industries
Mangal Electrical Industries Limited (MEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 April 2008 and has a history of 16 years and ten months. Its registered office is in Jaipur, Rajasthan, India.
The Company is engaged in the Metal & Minerals 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 30.00 Cr and a paid-up capital of Rs 20.50 Cr.
The company currently has active open charges totaling ₹198.25 Cr. The company has closed loans amounting to ₹167.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mangal Electrical Industries Limited India are Shivi Kapoor as COMPANY SECRETARY and Pawan Mendiratta as Cfo. Manoj Maheshwari, Ompal Sharma, Ashish Mangal, and Seven other members serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909RJ2008PLC026255
- Company No.
026255
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Apr 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
What products or services does Mangal Electrical Industries Limited offer?
Mangal Electrical Industries Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Fuses, Circuit Breakers & Components, Circuit Breakers, Electric Fittings & Components, Magnetic Cores, Transformers & Transformer Parts, Transformer Parts, Electrical Panels & Distribution Box, Breaker Panels.
Who are the key members and board of directors at Mangal Electrical Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Mangal  | Managing Director | 01-Apr-2008 | Current |
| Shivi Kapoor | Company Secretary | 25-Jun-2024 | Current |
| Pawan Mendiratta | CFO | 11-Sep-2024 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Maheshwari | Director | 25-Sep-2024 | Current |
| Ompal Sharma | Director | 02-Sep-2019 | Current |
| Ashish Mangal | Director | 01-Apr-2008 | Current |
| Apaar Kasliwal | Director | 25-Sep-2024 | Current |
| Sumer Poonia | Director | 25-Mar-2019 | Current |
| Aniketa Mangal | Director | 01-Sep-2022 | Current |
Financial Performance of Mangal Electrical Industries.
Mangal Electrical Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 42.31% decrease. The company also saw a substantial fall in profitability, with a 63.76% decrease in profit. The company's net worth moved up by a moderate rise of 2.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mangal Electrical Industries?
In 2022, Mangal Electrical Industries had a promoter holding of 99.53% and a public holding of 0.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Upskill Management Services Private LimitedApaar Kasliwal is a mutual person
Mangal Powertech Private LimitedAshish Mangal and Rahul Mangal are mutual person
Shri Ahimsa Naturals LimitedManoj Maheshwari is a mutual person
Tech Mangal Private LimitedAniketa Mangal is a mutual person
Landmark Insurance Brokers Private LimitedApaar Kasliwal is a mutual person
Rams Creative Technologies Private LimitedAshish Mangal and Rahul Mangal are mutual person
Charges (Loans)
₹198.25 Cr
₹167.54 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 91.49 Cr
- State Bank Of India : 86.06 Cr
- Sidbi : 20.38 Cr
- Others : 0.31 Cr
- Axis Bank Limited : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2024 | State Bank Of India | ₹72.80 Cr | Open |
| 16 Sep 2023 | Others | ₹2.19 M | Open |
| 08 Sep 2023 | Hdfc Bank Limited | ₹4.99 M | Open |
| 08 Sep 2023 | Others | ₹0.91 M | Open |
| 29 Aug 2023 | Hdfc Bank Limited | ₹2.99 M | Open |
How Many Employees Work at Mangal Electrical Industries?
Mangal Electrical Industries has a workforce of 568 employees as of Apr 06, 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 Electrical Industries, 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 Electrical Industries'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.
