Mangal Tirth Estate Limited

Real estate company providing rental and leasing services for factories, offices, and warehouses.

1987 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Mangal Tirth Estate Profile

Key Indicators

  • Authorised Capital ₹ 9.60 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 38 Year, 1 Month
  • 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 one month. 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

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

Board Members (6)

NameDesignationAppointment DateStatus
Mahalingam Balasubramaniam Country flag representing In Whole-Time Director 04-Apr-1997Current
Akhila Balasubramaniam Country flag representing In Whole-Time Director 03-May-2023Current
Balasubramaniam Avinash Country flag representing In Whole-Time Director 03-May-2023Current
Vijay Sadarangani Country flag representing In Whole-Time Director 10-Apr-2000Current
Mona Sadarangani Country flag representing In Whole-Time Director 30-Sep-2005Current
Mheteri Sadarangani Country flag representing In Whole-Time Director 16-Jun-2015Current

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%.

Mangal Tirth Estate revenue growth over time
Mangal Tirth Estate 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
11.59%
Revenue from Operations
Total Assets
18.66%
Profit or Loss
-77.87%
Net Worth
0.78%
EBITDA
-19.49%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
22 Apr 2024Axis Bank Limited₹4.65 CrOpen
06 May 2023Hdfc Bank Limited₹80.00 CrOpen
09 Mar 2023Axis Bank Limited₹4.75 CrOpen
21 Dec 2022Yes Bank Limited₹7.80 CrOpen
09 Feb 2022Others₹10.00 CrOpen

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.

Employee growth trends for Mangal Tirth Estate Limited

Deals i

Graph showing company valuation over time

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

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 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.

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