Mangal Geeta Fashions Profile
Key Indicators
- Authorised Capital ₹ 1.30 Cr
- Paid Up Capital ₹ 1.27 Cr
- Company Age 27 Year, 9 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 nine 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
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LocationSurat, Gujarat
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U18100GJ1997PTC032110
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Company No.
032110
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Apr 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Mangal Geeta Fashions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Pungalia
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Director | 05-Jul-2016 | Current |
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Mohit Kabra
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Director | 17-Jun-2020 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Shreenathji Terine Private LimitedAmit Pungalia is a mutual person
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Tantithaiya Estate Developers Private Limited
Amit Pungalia is a mutual person
Charges (Loans)
₹23.51 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | The Sutex Co-Operative Bank Ltd. | ₹2.50 Cr | Open |
| 04 Apr 2019 | The Sutex Co-Operative Bank Ltd. | ₹1.50 Cr | Open |
| 24 Jan 2017 | The Sutex Co-Operative Bank Ltd. | ₹6.15 Cr | Open |
| 21 Jan 2017 | Others | ₹1.40 Cr | Open |
| 23 Dec 2014 | The Sutex Co-Operative Bank Ltd. | ₹6.15 Cr | Open |
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.
Deals i
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
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.
