Mangalam Global Enterprise Limited

Manufacturer and trader of castor oil, de-oiled cake, cotton bales, and seeds for domestic and international markets.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated: September 16, 2022

Mangalam Global Enterprise Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 26.02 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 267.86 Cr
  • Satisfied Charges ₹ 49.64 Cr
  • Revenue Growth 2.88%
  • Profit Growth 204.07%
  • Ebitda -28.44%
  • Net Worth 41.34%
  • Total Assets 59.58%

About Mangalam Global Enterprise

Mangalam Global Enterprise Limited (MGEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 September 2010 and has a history of 14 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol MGEL.

The Corporate was formerly known as Mangalam Global Enterprise Private Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 26.02 Cr.

The company currently has active open charges totaling ₹267.86 Cr. The company has closed loans amounting to ₹49.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mangalam Global Enterprise Limited India are Ashutosh Mehta SERVING AS THE CHIEF FINANCIAL OFFICER (CFO) and Vrunda Patel as Company Secretary. Praveen Gupta, Anilkumar Agrawal, Shubhang Mittal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    groupmangalam.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24224GJ2010PLC062434

  • Company No.

    062434

  • Stock Symbol

    NSE : MGEL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2010

  • Date of AGM

    25 Jul 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc-Ahmedabad

Industry

Food and Beverages

Who are the key members and board of directors at Mangalam Global Enterprise?

Executive Team (4)

NameDesignationAppointment DateStatus
Chanakya Mangal Country flag representing In Managing Director15-Nov-2013Current
Chandragupt Mangal Country flag representing In Managing Director18-Jan-2016Current
Ashutosh Mehta Country flag representing In CFO(Kmp)23-Sep-2019Current
Vrunda Patel Company Secretary14-May-2020Current

Board Members (6)

NameDesignationAppointment DateStatus
Praveen Gupta Country flag representing In Director 23-Sep-2019Current
Anilkumar Agrawal Country flag representing In Director 01-Nov-2020Current
Shubhang Mittal Country flag representing In Director 08-Jun-2020Current
Vipin Mangal Country flag representing In Director 03-Sep-2019Current
Sarika Modi Country flag representing In Director 23-Sep-2019Current
Chandravijay Arora Country flag representing In Additional Director 04-Aug-2022Current

Financial Performance of Mangalam Global Enterprise.

Mangalam Global Enterprise Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.88% increase. The company also saw a substantial improvement in profitability, with a 204.07% increase in profit. The company's net worth Soared by an impressive increase of 41.34%.

Graph illustrating revenue growth over time
Graph showing 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
2.88%
Revenue from Operations
1.62%
Total Assets
59.58%
Profit or Loss
204.07%
Net Worth
41.34%
EBITDA
-28.44%

What is the Ownership and Shareholding Structure of Mangalam Global Enterprise?

In 2023, Mangalam Global Enterprise had a promoter holding of 73.97% and a public holding of 26.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹267.86 Cr

Satisfied Charges

₹49.64 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 149.25 Cr
  • Punjab National Bank : 68.61 Cr
  • State Bank Of India : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2021Punjab National Bank₹5.57 CrOpen
25 Nov 2021State Bank Of India₹25.00 CrOpen
18 Nov 2021State Bank Of India₹25.00 CrOpen
14 Sep 2021Punjab National Bank₹34.10 CrOpen
31 Dec 2019Punjab National Bank₹28.94 CrOpen

How Many Employees Work at Mangalam Global Enterprise?

Mangalam Global Enterprise has a workforce of 62 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangalam Global Enterprise, 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 Mangalam Global Enterprise'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 Mangalam Global Enterprise

Recent activity within the organization

  • Annual General Meeting

    Mangalam Global Enterprise Limited last Annual general meeting of members was held on 25 Jul 2022 as per latest MCA records.

    25 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 76.91 Cr registered on 29 Oct 2018 with Charge ID 100213142 was modified on 12 Jul 2022.

    12 Jul 2022

  • Charges

    A charge with Punjab National Bank of Rs. 34.10 Cr registered on 14 Sep 2021 with Charge ID 100480658 was modified on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 22 Mar 2019 with Charge ID 100249942 was modified on 07 Apr 2022.

    07 Apr 2022

  • Balance Sheet

    Mangalam Global Enterprise Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Ahmedabad.

    31 Mar 2022

  • Charges

    A charge with Punjab National Bank amounted to Rs. 5.57 Cr with Charge ID 100533534 was registered on 31 Dec 2021.

    31 Dec 2021

Frequently asked questions

  • Mangalam Global Enterprise Limited was incorporated on 27 Sep 2010.

  • The authorized share capital of Mangalam Global Enterprise Limited is ₹ 50.00 Cr and paid-up capital is ₹ 26.02 Cr.

  • Currently 10 directors are associated with Mangalam Global Enterprise Limited.

    • Praveen Kumar Gupta
    • Anilkumar Shyamlal Agrawal
    • Shubhang Mittal
    • Vipin Prakash Mangal
    • Chanakya Prakash Mangal
    • Chandragupt Prakash Mangal
    • Sarika Sachin Modi
    • Ashutosh Kumudchandra Mehta
    • Vrunda Manharbhai Patel
    • Chandravijay Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mangalam Global Enterprise Limited is 101 Mangalam Corporate House 42 Shrimali, Society Netaji Marg Mithakhali Navrangpura, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Mangalam Global Enterprise Limited is L24224GJ2010PLC062434 and the company number is 062434 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mangalam Global Enterprise Limited is registered on National Stock Exchange (NSE).

  • The Official website of Mangalam Global Enterprise Limited is https://www.groupmangalam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mangalam Global Enterprise Limited has risen by 2.88%.

  • As Per 2023 financial reports, 62 employees are currently employed by Mangalam Global Enterprise Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mangalam Global Enterprise Limited has experienced an upsurge of 41.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mangalam Global Enterprise Limited amount to ₹ 267.86 Cr.

  • The most recent Balance Sheet for Mangalam Global Enterprise Limited was filed with the ROC on 31 Mar 2022.

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