Mangal Engineering Ltd

Trading iron scrap, industrial wires and cables since 1984 in West Bengal.

1984 | Howrah, West Bengal (India) | Active
Last Updated: December 22, 2024

Mangal Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 40 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 48.42 Cr
  • Revenue Growth -15.89%
  • Profit Growth 70.68%
  • Ebitda -3.98%
  • Net Worth 21.20%
  • Total Assets 21.03%

About Mangal Engineering

Mangal Engineering Ltd (MEL) is a Public Limited Indian Non-Government Company incorporated in India on 03 May 1984 and has a history of 40 years and nine months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Real Estate And Construction 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 5.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹48.42 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Usha Garodia, Adarsh Garodia, and Neha Garodia serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    steelmangal.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB1984PLC037449

  • Company No.

    037449

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 May 1984

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

Who are the key members and board of directors at Mangal Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Usha Garodia Country flag representing In Director 22-May-2020Current
Adarsh Garodia Country flag representing In Director 23-Feb-2010Current
Neha Garodia Country flag representing In Director 01-Apr-2019Current

Financial Performance of Mangal Engineering.

Mangal Engineering Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.89% decrease. The company also saw a substantial improvement in profitability, with a 70.68% increase in profit. The company's net worth Soared by an impressive increase of 21.2%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-15.89%
Revenue from Operations
-35.36%
Total Assets
21.03%
Profit or Loss
70.68%
Net Worth
21.20%
EBITDA
-3.98%

What is the Ownership and Shareholding Structure of Mangal Engineering?

In 2021, Mangal Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹484.20 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 48.42 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2014State Bank Of India₹48.42 CrSatisfied

How Many Employees Work at Mangal Engineering?

Unlock and access historical data on people associated with Mangal Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Engineering

Recent activity within the organization

  • Annual General Meeting

    Mangal Engineering Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Mangal Engineering Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 24 Mar 2014 via Charge ID 10509681 with State Bank Of India was fully satisfied on 15 Dec 2020.

    15 Dec 2020

  • Director Appointment

    Usha Garodia was appointed as a Director was appointed as a Director on 22 May 2020 & has been associated with this company since 4 years 9 months .

    22 May 2020

  • Director Appointment

    Neha Garodia was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Charges

    A charge with State Bank Of India of Rs. 484.20 M registered on 24 Mar 2014 with Charge ID 10509681 was modified on 22 Apr 2015.

    22 Apr 2015

Frequently asked questions

  • Mangal Engineering Ltd was incorporated on 03 May 1984.

  • The authorized share capital of Mangal Engineering Ltd is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Mangal Engineering Ltd.

    • Usha Garodia
    • Adarsh Garodia
    • Neha Garodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Engineering Ltd is 248 Grand Trunk Road (N) Salkia India, Howrah, West Bengal, 711106.

  • The corporate identification number (CIN) of Mangal Engineering Ltd is U27109WB1984PLC037449 and the company number is 037449 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mangal Engineering Ltd is https://www.steelmangal.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mangal Engineering Ltd has fallen by -15.89%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mangal Engineering Ltd has experienced an upsurge of 21.20%.

  • The most recent Balance Sheet for Mangal Engineering Ltd was filed with the ROC on 31 Mar 2024.

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