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Mangal Textile Mills (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.44 Cr
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 164.48 Cr
- Satisfied Charges ₹ 124.67 Cr
- Revenue Growth 11.56%
- Profit Growth 6.15%
- Ebitda 2.05%
- Net Worth 5.82%
- Total Assets -7.04%
About Mangal Textile Mills (India)
Mangal Textile Mills (India) Private Limited (MTMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 1996 and has a history of 28 years and nine months. Its registered office is in Ahmedabad, 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 5.00 Cr and a paid-up capital of Rs 4.44 Cr.
The company currently has active open charges totaling ₹164.48 Cr. The company has closed loans amounting to ₹124.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prakash Sekhani, Aditya Sekhani, Jitendra Bothra, and One other member serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17119GJ1996PTC029608
- Company No.
029608
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 May 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Mangal Textile Mills (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Sekhani  | Director | 14-May-1996 | Current |
| Aditya Sekhani | Additional Director | 11-May-2024 | Current |
| Jitendra Bothra | Additional Director | 23-Oct-2020 | Current |
| Rikin Sekhani | Director | 27-Sep-2005 | Current |
Financial Performance of Mangal Textile Mills (India).
Mangal Textile Mills (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.56% increase. The company also saw a slight improvement in profitability, with a 6.15% increase in profit. The company's net worth moved up by a moderate rise of 5.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mangal Textile Mills (India)?
In 2023, Mangal Textile Mills (India) had a promoter holding of 54.88% and a public holding of 45.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹164.48 Cr
₹124.67 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 118.12 Cr
- Others : 46.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2023 | Hdfc Bank Limited | ₹8.65 M | Open |
| 21 Sep 2022 | Hdfc Bank Limited | ₹57.38 Cr | Open |
| 03 Mar 2022 | Hdfc Bank Limited | ₹13.48 Cr | Open |
| 04 Sep 2021 | Others | ₹11.50 Cr | Open |
| 18 Mar 2021 | Hdfc Bank Limited | ₹6.40 Cr | Open |
How Many Employees Work at Mangal Textile Mills (India)?
Mangal Textile Mills (India) has a workforce of 598 employees as of Mar 30, 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 Textile Mills (India), 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 Textile Mills (India)'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.