Mangal Geeta Fashions Private Limited

Textile and apparel manufacturing and trading company established in 1997, based in Surat, Gujarat.

1997 | Surat, Gujarat (India) | Active
Last Updated:

Mangal Geeta Fashions Profile

Key Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.51 Cr
  • Satisfied Charges ₹ 20.04 Cr
  • Revenue Growth 32.31%
  • Profit Growth 34.86%
  • Ebitda -25.16%
  • Net Worth -2.83%
  • Total Assets 0.10%

About Mangal Geeta Fashions

Mangal Geeta Fashions Private Limited (MGFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 1997 and has a history of 27 years and 11 months. Its registered office is in Surat, Gujarat.

The Corporate was formerly known as Mangal Jyoti Dyeing And Printing Mills 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 2023. It's a company limited by shares with an authorized capital of Rs 1.30 Cr and a paid-up capital of Rs 1.27 Cr.

The company currently has active open charges totaling ₹23.51 Cr. The company has closed loans amounting to ₹20.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Pungalia and Mohit Kabra serve as directors at the Company.

Company Details

  • Location Surat, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18100GJ1997PTC032110

  • Company No.

    032110

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Mangal Geeta Fashions Private Limited

Explore comprehensive data for Mangal Geeta Fashions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Amit Pungalia Country flag representing In Director 05-Jul-2016Current
Mohit Kabra Country flag representing In Director 17-Jun-2020Current

Financial Performance of Mangal Geeta Fashions.

Mangal Geeta Fashions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.31% increase. The company also saw a substantial improvement in profitability, with a 34.86% increase in profit. The company's net worth dipped by a decrease of 2.83%.

Mangal Geeta Fashions revenue growth over time
Mangal Geeta Fashions 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
32.31%
Revenue from Operations
33.39%
Total Assets
0.10%
Profit or Loss
34.86%
Net Worth
-2.83%
EBITDA
-25.16%

What is the Ownership and Shareholding Structure of Mangal Geeta Fashions?

In 2022, Mangal Geeta Fashions had a promoter holding of 25.25% and a public holding of 74.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.51 Cr

Satisfied Charges

₹20.04 Cr

Charges Breakdown by Lending Institutions

  • The Sutex Co-Operative Bank Ltd. : 16.30 Cr
  • Others : 7.15 Cr
  • Sundaram Finance Ltd : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2024The Sutex Co-Operative Bank Ltd.₹2.50 CrOpen
04 Apr 2019The Sutex Co-Operative Bank Ltd.₹1.50 CrOpen
24 Jan 2017The Sutex Co-Operative Bank Ltd.₹6.15 CrOpen
21 Jan 2017Others₹1.40 CrOpen
23 Dec 2014The Sutex Co-Operative Bank Ltd.₹6.15 CrOpen

How Many Employees Work at Mangal Geeta Fashions?

Mangal Geeta Fashions has a workforce of 9 employees as of Apr 07, 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.

Employee growth trends for Mangal Geeta Fashions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangal Geeta Fashions, 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 Geeta Fashions'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 Geeta Fashions

Recent activity within the organization

  • Charges

    A charge with The Sutex Co-Operative Bank Ltd. amounted to Rs. 2.50 Cr with Charge ID 100978239 was registered on 02 Sep 2024.

  • Charges

    A charge with Others of Rs. 5.75 Cr registered on 21 Oct 2014 with Charge ID 10529037 was modified on 31 Aug 2024.

  • Charges

    A charge registered on 01 Jul 2006 via Charge ID 10012243 with Standard Chartered Bank was fully satisfied on 19 Aug 2024.

  • Charges

    A charge registered on 23 Dec 2020 via Charge ID 100404021 with The Sutex Co-Operative Bank Ltd. was fully satisfied on 31 Jul 2024.

  • Charges

    A charge registered on 20 Jul 2018 via Charge ID 100195237 with Others was fully satisfied on 31 Jul 2024.

  • Charges

    A charge registered on 20 Jul 2018 via Charge ID 100195238 with Others was fully satisfied on 31 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mangal Geeta Fashions Private Limited?

    Mangal Geeta Fashions Private Limited was incorporated on 15 Apr 1997.

  • What is authorized share capital and paid-up capital of Mangal Geeta Fashions Private Limited?

    The authorized share capital of Mangal Geeta Fashions Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 1.27 Cr.

  • Who are the current board members & directors of Mangal Geeta Fashions Private Limited?

    Currently 2 directors are associated with Mangal Geeta Fashions Private Limited.

    • Amit Bhagwandas Pungalia
    • Mohit Kabra

  • What is the registered address of Mangal Geeta Fashions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Geeta Fashions Private Limited is 151-173 Swami Narayan Estetetantithaiya Palsana India, Surat, Gujarat.

  • What is the corporate identification number (CIN) and company number of Mangal Geeta Fashions Private Limited?

    The corporate identification number (CIN) of Mangal Geeta Fashions Private Limited is U18100GJ1997PTC032110 and the company number is 032110 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mangal Geeta Fashions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mangal Geeta Fashions Private Limited has risen by 32.31%.

  • How many employees does Mangal Geeta Fashions Private Limited currently have?

    As Per 2022 financial reports, 9 employees are currently employed by Mangal Geeta Fashions Private Limited.

  • What change has been observed in the net worth of Mangal Geeta Fashions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mangal Geeta Fashions Private Limited has experienced an downturn of -2.83%.

  • What are the total open charges for Mangal Geeta Fashions Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Mangal Geeta Fashions Private Limited amount to ₹ 23.51 Cr.

  • When was the last Balance Sheet of Mangal Geeta Fashions Private Limited filed with the ROC?

    The most recent Balance Sheet for Mangal Geeta Fashions Private Limited was filed with the ROC on 31 Mar 2023.

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