Mangal Vehicle Finance Private Limited

Provides vehicle financing services for both new and used vehicles.

1995 | Nagpur, Maharashtra (India) | Active
Last Updated:

Mangal Vehicle Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.10 Cr
  • Paid Up Capital ₹ 3.91 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.65 Cr
  • Satisfied Charges ₹ 6.20 M
  • Revenue Growth 26.47%
  • Profit Growth 80.13%
  • Ebitda 44.55%
  • Net Worth 16.79%
  • Total Assets 49.65%

About Mangal Vehicle Finance

Mangal Vehicle Finance Private Limited (MVFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 December 1995 and has a history of 29 years and three months. Its registered office is in Nagpur, Maharashtra.

The Corporate was formerly known as Orange City Credit Capital Private Limited. The Company is engaged in the Financial Services 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 5.10 Cr and a paid-up capital of Rs 3.91 Cr.

The company currently has active open charges totaling ₹14.65 Cr. The company has closed loans amounting to ₹6.20 M, as per Ministry of Corporate Affairs (MCA) records.

Sachin Soni, Kusum Ranka, Dilip Ranka, and One other member serve as directors at the Company.

Company Details

  • Location Nagpur, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910MH1995PTC095747

  • Company No.

    095747

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 1995

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Mangal Vehicle Finance Private Limited

Explore comprehensive data for Mangal Vehicle Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Sachin Soni Country flag representing In Director 25-Jul-2014Current
Kusum Ranka Country flag representing In Director 25-Jul-2014Current
Dilip Ranka Country flag representing In Director 25-Jul-2014Current
Sonali Soni Country flag representing In Director 25-Jul-2014Current

Financial Performance of Mangal Vehicle Finance.

Mangal Vehicle Finance Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.47% increase. The company also saw a substantial improvement in profitability, with a 80.13% increase in profit. The company's net worth Soared by an impressive increase of 16.79%.

Mangal Vehicle Finance revenue growth over time
Mangal Vehicle Finance 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
26.47%
Revenue from Operations
26.49%
Total Assets
49.65%
Profit or Loss
80.13%
Net Worth
16.79%
EBITDA
44.55%

What is the Ownership and Shareholding Structure of Mangal Vehicle Finance?

In 2023, Mangal Vehicle Finance 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

₹14.65 Cr

Satisfied Charges

₹0.62 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 14.65 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2022City Union Bank Limited₹14.65 CrOpen
09 Apr 2004The United Western Bank Ltd₹2.50 MSatisfied
01 Jul 2000The United Western Bank Ltd₹2.00 MSatisfied
28 Jul 1999The United Western Bank Ltd₹1.00 MSatisfied
16 Mar 1998The United Western Bank Ltd₹0.70 MSatisfied

How Many Employees Work at Mangal Vehicle Finance?

Mangal Vehicle Finance has a workforce of 32 employees as of Apr 11, 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.

Employee growth trends for Mangal Vehicle Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangal Vehicle Finance, 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 Vehicle Finance'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 Vehicle Finance

Recent activity within the organization

  • Annual General Meeting

    Mangal Vehicle Finance Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

  • Charges

    A charge with City Union Bank Limited of Rs. 14.65 Cr registered on 28 Feb 2022 with Charge ID 100550040 was modified on 05 Aug 2024.

  • Balance Sheet

    Mangal Vehicle Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 14.65 Cr with Charge ID 100550040 was registered on 28 Feb 2022.

  • Director Appointment

    Sachin Santosh Soni was appointed as a Director was appointed as a Director on 25 Jul 2014 & has been associated with this company since 10 years 9 months .

  • Director Appointment

    Kusum Dilip Ranka was appointed as a Director was appointed as a Director on 25 Jul 2014 & has been associated with this company since 10 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mangal Vehicle Finance Private Limited?

    Mangal Vehicle Finance Private Limited was incorporated on 29 Dec 1995.

  • What is authorized share capital and paid-up capital of Mangal Vehicle Finance Private Limited?

    The authorized share capital of Mangal Vehicle Finance Private Limited is ₹ 5.10 Cr and paid-up capital is ₹ 3.91 Cr.

  • Who are the current board members & directors of Mangal Vehicle Finance Private Limited?

    Currently 4 directors are associated with Mangal Vehicle Finance Private Limited.

    • Sachin Santosh Soni
    • Kusum Dilip Ranka
    • Dilip Khushalchand Ranka
    • Sonali Sachin Soni

  • What is the registered address of Mangal Vehicle Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mangal Vehicle Finance Private Limited is Vinayak Tower Unthkhana Road, Near Medical Square India, Nagpur, Maharashtra, 440009.

  • What is the corporate identification number (CIN) and company number of Mangal Vehicle Finance Private Limited?

    The corporate identification number (CIN) of Mangal Vehicle Finance Private Limited is U65910MH1995PTC095747 and the company number is 095747 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mangal Vehicle Finance Private Limited?

    The Official website of Mangal Vehicle Finance Private Limited is https://www.mangalfinance.com

  • What has been the recent revenue trend for Mangal Vehicle Finance Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mangal Vehicle Finance Private Limited has risen by 26.47%.

  • How many employees does Mangal Vehicle Finance Private Limited currently have?

    As Per 2022 financial reports, 32 employees are currently employed by Mangal Vehicle Finance Private Limited.

  • What change has been observed in the net worth of Mangal Vehicle Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mangal Vehicle Finance Private Limited has experienced an upsurge of 16.79%.

  • What are the total open charges for Mangal Vehicle Finance Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Mangal Vehicle Finance Private Limited amount to ₹ 14.65 Cr.

  • When was the last Balance Sheet of Mangal Vehicle Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Mangal Vehicle Finance Private Limited was filed with the ROC on 31 Mar 2024.

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
Start Free Trial

People also Viewed

Similar Companies Based on Investment & Credit NBFC