Mangal Tirth Estate Profile
Key Indicators
- Authorised Capital ₹ 9.60 M
- Paid Up Capital ₹ 7.50 M
- Company Age 38 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 107.20 Cr
- Satisfied Charges ₹ 85.47 Cr
- Revenue Growth 11.59%
- Profit Growth -77.87%
- Ebitda -19.49%
- Net Worth 0.78%
- Total Assets 18.66%
About Mangal Tirth Estate
Mangal Tirth Estate Limited (MTEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 January 1987 and has a history of 38 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Real Estate And Construction 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 9.60 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹107.20 Cr. The company has closed loans amounting to ₹85.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahalingam Balasubramaniam, Akhila Balasubramaniam, Balasubramaniam Avinash, and Three other members 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
U70101TN1989PLC017386
- Company No.
017386
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Jan 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Real Estate and Construction
Mangal Tirth Estate Limited
Explore comprehensive data for Mangal Tirth Estate Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mangal Tirth Estate?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahalingam Balasubramaniam  | Whole-Time Director | 04-Apr-1997 | Current |
| Akhila Balasubramaniam | Whole-Time Director | 03-May-2023 | Current |
| Balasubramaniam Avinash | Whole-Time Director | 03-May-2023 | Current |
| Vijay Sadarangani | Whole-Time Director | 10-Apr-2000 | Current |
| Mona Sadarangani | Whole-Time Director | 30-Sep-2005 | Current |
| Mheteri Sadarangani | Whole-Time Director | 16-Jun-2015 | Current |
Financial Performance of Mangal Tirth Estate.
Mangal Tirth Estate Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.59% increase. The company also saw a substantial fall in profitability, with a 77.87% decrease in profit. The company's net worth moved up by a moderate rise of 0.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mangal Tirth Estate?
In 2023, Mangal Tirth Estate had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mangal Tech Park Private LimitedMahalingam Balasubramaniam and Vijay Sadarangani are mutual person
Suryavardhan Estates Private LimitedVijay Sadarangani and Mheteri Sadarangani are mutual person
First Choice Realty LlpMahalingam Balasubramaniam and Mona Sadarangani are mutual person
- Devmani Builders Llp
Mahalingam Balasubramaniam and Mona Sadarangani are mutual person
- Avaneesh Properties Llp
Mahalingam Balasubramaniam and Mona Sadarangani are mutual person
- Vishveshwara Developers Llp
Mahalingam Balasubramaniam is a mutual person
Charges (Loans)
Open Charges
₹1,072.00 M
Satisfied Charges
₹854.73 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 80.00 Cr
- Others : 10.00 Cr
- Axis Bank Limited : 9.40 Cr
- Yes Bank Limited : 7.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2024 | Axis Bank Limited | ₹4.65 Cr | Open |
| 06 May 2023 | Hdfc Bank Limited | ₹80.00 Cr | Open |
| 09 Mar 2023 | Axis Bank Limited | ₹4.75 Cr | Open |
| 21 Dec 2022 | Yes Bank Limited | ₹7.80 Cr | Open |
| 09 Feb 2022 | Others | ₹10.00 Cr | Open |
How Many Employees Work at Mangal Tirth Estate?
Unlock and access historical data on people associated with Mangal Tirth Estate, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mangal Tirth Estate, 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 Tirth Estate'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 Tirth Estate
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 46.50 M with Charge ID 100921843 was registered on 22 Apr 2024.
- Annual General Meeting
Mangal Tirth Estate Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 800.00 M with Charge ID 100735735 was registered on 06 May 2023.
- Director Appointment
Akhila Balasubramaniam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 May 2023 & has been associated with this company since 1 year 10 months .
- Balance Sheet
Mangal Tirth Estate Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 47.50 M with Charge ID 100711420 was registered on 09 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Mangal Tirth Estate Limited?
Mangal Tirth Estate Limited was incorporated on 13 Jan 1987.
What is authorized share capital and paid-up capital of Mangal Tirth Estate Limited?
The authorized share capital of Mangal Tirth Estate Limited is ₹ 9.60 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Mangal Tirth Estate Limited?
Currently 6 directors are associated with Mangal Tirth Estate Limited.
- Mahalingam Balasubramaniam
- Akhila Balasubramaniam
- Balasubramaniam Avinash
- Vijay Sadarangani
- Mona Vashi Sadarangani
- Mheteri Washy Sadarangani
What is the registered address of Mangal Tirth Estate Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Tirth Estate Limited is Spencer Plaza769 Anna Salai 2 India, Chennai, Tamil Nadu, 600002.
What is the corporate identification number (CIN) and company number of Mangal Tirth Estate Limited?
The corporate identification number (CIN) of Mangal Tirth Estate Limited is U70101TN1989PLC017386 and the company number is 017386 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mangal Tirth Estate Limited?
The Official website of Mangal Tirth Estate Limited is https://www.mangaltirth.com
What has been the recent revenue trend for Mangal Tirth Estate Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mangal Tirth Estate Limited has risen by 11.59%.
What change has been observed in the net worth of Mangal Tirth Estate Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mangal Tirth Estate Limited has experienced an upsurge of 0.78%.
What are the total open charges for Mangal Tirth Estate Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mangal Tirth Estate Limited amount to ₹ 107.20 Cr.
When was the last Balance Sheet of Mangal Tirth Estate Limited filed with the ROC?
The most recent Balance Sheet for Mangal Tirth Estate Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
JM
Jagmohan MaheshwariWholetime DirectorSM
Sham MelwaniWholetime DirectorCN
Chellaram NaraindasDirectorBK
Baiju KirpalaniDirectorAK
Ashadevi KirpalaniDirectorVS
Vishindas SadaranganiDirector