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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, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 142.82 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 ten 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 2024. 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 ₹142.82 Cr. The company has closed loans amounting to ₹124.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aditya Sekhani, Jitendra Bothra, Rikin Sekhani, 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
10 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Who are the key members and board of directors at Mangal Textile Mills (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Sekhani  | Director | 29-Apr-2024 | Current |
| Jitendra Bothra | Additional Director | 23-Oct-2020 | Current |
| Rikin Sekhani | Director | 27-Sep-2005 | Current |
| Prakash Sekhani | Director | 14-May-1996 | 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
- Ratios
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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)
Open Charges
₹142.82 Cr
Satisfied Charges
₹124.67 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 94.65 Cr
- Others : 48.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2024 | Others | ₹6.99 M | Open |
| 11 Apr 2023 | Hdfc Bank Limited | ₹8.65 M | Open |
| 21 Sep 2022 | Hdfc Bank Limited | ₹26.00 Cr | Open |
| 03 Mar 2022 | Hdfc Bank Limited | ₹21.38 Cr | Open |
| 04 Sep 2021 | Others | ₹14.40 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.
Latest Updates, News, and FAQs on Mangal Textile Mills (India)
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 21.38 Cr registered on 03 Mar 2022 with Charge ID 100549082 was modified on 02 Jan 2025.
- Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 101017516 was registered on 30 Nov 2024.
- Annual General Meeting
Mangal Textile Mills (India) Private Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.
- Director Appointment
Aditya Rakesh Sekhani was appointed as a Director was appointed as a Director on 29 Apr 2024 & has been associated with this company since 11 months 1 day .
- Balance Sheet
Mangal Textile Mills (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 14.40 Cr registered on 04 Sep 2021 with Charge ID 100478336 was modified on 13 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Mangal Textile Mills (India) Private Limited?
Mangal Textile Mills (India) Private Limited was incorporated on 14 May 1996.
What is authorized share capital and paid-up capital of Mangal Textile Mills (India) Private Limited?
The authorized share capital of Mangal Textile Mills (India) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.44 Cr.
Who are the current board members & directors of Mangal Textile Mills (India) Private Limited?
Currently 4 directors are associated with Mangal Textile Mills (India) Private Limited.
- Aditya Rakesh Sekhani
- Jitendra Kumar Bothra
- Rikin Noratmal Sekhani
- Prakash Govindram Sekhani
What is the registered address of Mangal Textile Mills (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Textile Mills (India) Private Limited is 123/D Gidc Phase I Vatva India, Ahmedabad, Gujarat, 382445.
What is the corporate identification number (CIN) and company number of Mangal Textile Mills (India) Private Limited?
The corporate identification number (CIN) of Mangal Textile Mills (India) Private Limited is U17119GJ1996PTC029608 and the company number is 029608 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mangal Textile Mills (India) Private Limited?
The Official website of Mangal Textile Mills (India) Private Limited is https://www.mangaltextile.com
What has been the recent revenue trend for Mangal Textile Mills (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mangal Textile Mills (India) Private Limited has risen by 11.56%.
How many employees does Mangal Textile Mills (India) Private Limited currently have?
As Per 2023 financial reports, 598 employees are currently employed by Mangal Textile Mills (India) Private Limited.
What change has been observed in the net worth of Mangal Textile Mills (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mangal Textile Mills (India) Private Limited has experienced an upsurge of 5.82%.
What are the total open charges for Mangal Textile Mills (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mangal Textile Mills (India) Private Limited amount to ₹ 142.82 Cr.
When was the last Balance Sheet of Mangal Textile Mills (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Mangal Textile Mills (India) Private Limited was filed with the ROC on 31 Mar 2024.