Mangal Iron Private Limited

Manufactures investment casting and iron/steel casting, incorporated in 2004 in Rajkot, Gujarat.

2004 | Lodhika, Gujarat (India) | Active
Last Updated: October 04, 2024

Mangal Iron Profile

Key Indicators

  • Authorised Capital ₹ 4.10 M
  • Paid Up Capital ₹ 4.10 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.25 Cr
  • Revenue Growth 15.33%
  • Profit Growth 135.66%
  • Ebitda 7.60%
  • Net Worth 14.79%
  • Total Assets 16.61%

About Mangal Iron

Mangal Iron Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 February 2004 and has a history of 20 years and 11 months. Its registered office is in Lodhika, Gujarat, India.

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 4.10 M and a paid-up capital of Rs 4.10 M.

The company currently has active open charges totaling ₹4.25 Cr.

Jayantibhai Thumar, Navinbhai Thumar, Rutvij Thumar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2004PTC043638

  • Company No.

    043638

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Jayantibhai Thumar Country flag representing In Director 07-Mar-2023 Current
Navinbhai Thumar Country flag representing In Director 17-Apr-2004 Current
Rutvij Thumar Country flag representing In Director 05-Feb-2019 Current
Hardik Thumar Country flag representing In Director 07-Mar-2019 Current

Financial Performance of Mangal Iron.

Mangal Iron Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.33% increase. The company also saw a substantial improvement in profitability, with a 135.66% increase in profit. The company's net worth Soared by an impressive increase of 14.79%.

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
15.33%
Revenue from Operations
14.53%
Total Assets
16.61%
Profit or Loss
135.66%
Net Worth
14.79%
EBITDA
7.60%

What is the Ownership and Shareholding Structure of Mangal Iron?

In 2023, Mangal Iron 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

₹42.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 2.45 Cr
  • Hdfc Bank Limited : 1.80 Cr

Latest Charge Details

Date Lender Amount Status
29 Nov 2023 Sidbi ₹2.45 Cr Open
05 Oct 2020 Hdfc Bank Limited ₹1.80 Cr Open

How Many Employees Work at Mangal Iron?

Unlock and access historical data on people associated with Mangal Iron, 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 Iron, 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 Iron'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 Iron

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 24.50 M with Charge ID 100838169 was registered on 29 Nov 2023.

    29 Nov 2023

  • Annual General Meeting

    Mangal Iron Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mangal Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Jayantibhai Khodabhai Thumar was appointed as a Director was appointed as a Director on 07 Mar 2023 & has been associated with this company since 1 year 11 months .

    07 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.00 M registered on 05 Oct 2020 with Charge ID 100377792 was modified on 21 May 2022.

    21 May 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.00 M with Charge ID 100377792 was registered on 05 Oct 2020.

    05 Oct 2020

Frequently asked questions

  • Mangal Iron Private Limited was incorporated on 17 Feb 2004.

  • The authorized share capital of Mangal Iron Private Limited is ₹ 4.10 M and paid-up capital is ₹ 4.10 M.

  • Currently 4 directors are associated with Mangal Iron Private Limited.

    • Jayantibhai Khodabhai Thumar
    • Navinbhai Khodabhai Thumar
    • Rutvij Navinbhai Thumar
    • Hardik Jayantibhai Thumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Iron Private Limited is Survey No. 316 Plot No. 1/A 1/B & 2 Shapar Dholra Main Road Shapar(Veraval), Veraval (Shapar), Lodhika, Gujarat, India, 360024.

  • The corporate identification number (CIN) of Mangal Iron Private Limited is U27109GJ2004PTC043638 and the company number is 043638 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mangal Iron Private Limited is https://www.mangalsteelcastings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mangal Iron Private Limited has risen by 15.33%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mangal Iron Private Limited has experienced an upsurge of 14.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mangal Iron Private Limited amount to ₹ 4.25 Cr.

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

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