Mangal Knits Limited

Textile company specializing in spinning, knitting, processing, and manufacturing various types of knitwear.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Mangal Knits Profile

Key Indicators

  • Authorised Capital ₹ 5.40 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth 42.16%
  • Ebitda 42.16%
  • Net Worth -30.82%
  • Total Assets %

About Mangal Knits

Mangal Knits Limited (MKL) is a Public Limited Indian Non-Government Company incorporated in India on 16 September 1994 and has a history of 30 years and five months. Its registered office is in Chennai, Tamil Nadu, 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 5.40 Cr and a paid-up capital of Rs 5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhirajmal Gautam, Mangala Ranka, and Chandra Venkatesan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18102TN1994PLC028649

  • Company No.

    028649

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Dhirajmal Gautam Country flag representing In Director 06-Jun-2019 Current
Mangala Ranka Country flag representing In Director 06-Jun-2019 Current
Chandra Venkatesan Country flag representing In Director 19-Jun-2023 Current

Financial Performance of Mangal Knits.

Mangal Knits Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 42.16% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.82%.

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
Revenue from Operations
Total Assets
Profit or Loss
42.16%
Net Worth
-30.82%
EBITDA
42.16%

What is the Ownership and Shareholding Structure of Mangal Knits?

In 2023, Mangal Knits had a promoter holding of 29.91% and a public holding of 70.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mangal Knits?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Chandra Venkatesan was appointed as a Director was appointed as a Director on 19 Jun 2023 & has been associated with this company since 1 year 7 months .

    19 Jun 2023

  • Balance Sheet

    Mangal Knits Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Dhirajmal Ranka Gautam was appointed as a Director was appointed as a Director on 06 Jun 2019 & has been associated with this company since 5 years 8 months .

    06 Jun 2019

  • Director Appointment

    Mangala Ranka was appointed as a Director was appointed as a Director on 06 Jun 2019 & has been associated with this company since 5 years 8 months .

    06 Jun 2019

  • Company Incorporation

    Mangal Knits Limited was registered on 16 Sep 1994 with Roc Chennai & aged 30 years 5 months as per MCA records.

    16 Sep 1994

Frequently asked questions

  • Mangal Knits Limited was incorporated on 16 Sep 1994.

  • The authorized share capital of Mangal Knits Limited is ₹ 5.40 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 3 directors are associated with Mangal Knits Limited.

    • Dhirajmal Ranka Gautam
    • Mangala Ranka
    • Chandra Venkatesan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Knits Limited is No. 6/18, Singaram Street T. Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Mangal Knits Limited is U18102TN1994PLC028649 and the company number is 028649 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mangal Knits Limited has experienced an downturn of -30.82%.

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

People also Viewed

Similar Companies Based on Textile & Fabric Production