Mangalam Industrial Finance Ltd

Provides financial solutions through investing and financing for businesses.

1983 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Mangalam Industrial Finance Profile

Key Indicators

  • Authorised Capital ₹ 126.17 Cr
  • Paid Up Capital ₹ 96.16 Cr
  • Company Age 42 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 13.84%
  • Profit Growth -474.62%
  • Ebitda -309.65%
  • Net Worth -15.11%
  • Total Assets -17.43%

About Mangalam Industrial Finance

Mangalam Industrial Finance Ltd (MIFL) is a Public Limited Indian Non-Government Company incorporated in India on 08 February 1983 and has a history of 42 years and one month. Its registered office is in 24 Parganas, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 537800.

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 126.17 Cr and a paid-up capital of Rs 96.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mangalam Industrial Finance Ltd India are Samoil Lokhandwala as COMPANY SECRETARY and Arun Pillai as Cfo. Venkata Revuru, Miteshkumar Rana, Yatin Gupte, and Four other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65993WB1983PLC035815

  • Company No.

    035815

  • Stock Symbol

    BSE : 537800

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1983

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Mangalam Industrial Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Samoil Lokhandwala Company Secretary22-Apr-2024Current
Venkata Revuru Country flag representing In Managing Director03-Jun-2021Current
Arun Pillai CFO09-May-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Yatin Gupte Country flag representing In Director 03-Jun-2021Current
Nikhil Dwivedi Country flag representing In Director 03-Jun-2021Current
Miteshkumar Rana Country flag representing In Director 21-Mar-2024Current
Vettukallel Sojan Country flag representing In Director 03-Jun-2021Current
Paresh Thakkar Country flag representing In Director 21-Mar-2024Current
Mansi Bhatt Country flag representing In Director 25-May-2023Current

Financial Performance of Mangalam Industrial Finance.

Mangalam Industrial Finance Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.84% increase. The company also saw a substantial fall in profitability, with a 474.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.11%.

Mangalam Industrial Finance revenue growth over time
Mangalam Industrial 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
13.84%
Revenue from Operations
14.41%
Total Assets
-17.43%
Profit or Loss
-474.62%
Net Worth
-15.11%
EBITDA
-309.65%

What is the Ownership and Shareholding Structure of Mangalam Industrial Finance?

In 2023, Mangalam Industrial Finance had a promoter holding of 73.66% and a public holding of 26.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mangalam Industrial Finance?

Unlock and access historical data on people associated with Mangalam Industrial Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mangalam Industrial Finance Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangalam Industrial 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 Mangalam Industrial 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 Mangalam Industrial Finance

Recent activity within the organization

  • Annual General Meeting

    Mangalam Industrial Finance Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Director Appointment

    Arun Pillai was appointed as a Cfo was appointed as a Cfo on 09 May 2024 & has been associated with this company since 10 months 18 days .

  • Director Appointment

    Samoil Akilbhai Lokhandwala was appointed as a Company Secretary was appointed as a Company Secretary on 22 Apr 2024 & has been associated with this company since 11 months 5 days .

  • Balance Sheet

    Mangalam Industrial Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Miteshkumar Ghanshyambhai Rana was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 1 year 6 days .

  • Director Appointment

    Paresh Prakashbhai Thakkar was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 1 year 6 days .

Frequently asked questions

  • What is the Incorporation or founding date of Mangalam Industrial Finance Ltd?

    Mangalam Industrial Finance Ltd was incorporated on 08 Feb 1983.

  • What is authorized share capital and paid-up capital of Mangalam Industrial Finance Ltd?

    The authorized share capital of Mangalam Industrial Finance Ltd is ₹ 126.17 Cr and paid-up capital is ₹ 96.16 Cr.

  • Who are the current board members & directors of Mangalam Industrial Finance Ltd?

    Currently 9 directors are associated with Mangalam Industrial Finance Ltd.

    • Samoil Akilbhai Lokhandwala
    • Venkata Ramana Revuru
    • Miteshkumar Ghanshyambhai Rana
    • Yatin Sanjay Gupte
    • Vettukallel Avirachan Sojan
    • Paresh Prakashbhai Thakkar
    • Nikhil Bhagwanshanker Dwivedi
    • Mansi Jayendra Bhatt
    • Arun Pillai

  • What is the registered address of Mangalam Industrial Finance Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mangalam Industrial Finance Ltd is Old Nimta Road Nandan Nagar, Belghoria India, Kolkata, West Bengal, 700083.

  • What is the corporate identification number (CIN) and company number of Mangalam Industrial Finance Ltd?

    The corporate identification number (CIN) of Mangalam Industrial Finance Ltd is L65993WB1983PLC035815 and the company number is 035815 as per Ministry of Corporate Affairs (MCA).

  • Is Mangalam Industrial Finance Ltd registered with any stock exchange in India?

    Yes, Mangalam Industrial Finance Ltd is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mangalam Industrial Finance Ltd?

    The Official website of Mangalam Industrial Finance Ltd is https://www.miflindia.com

  • What has been the recent revenue trend for Mangalam Industrial Finance Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mangalam Industrial Finance Ltd has risen by 13.84%.

  • What change has been observed in the net worth of Mangalam Industrial Finance Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mangalam Industrial Finance Ltd has experienced an downturn of -15.11%.

  • When was the last Balance Sheet of Mangalam Industrial Finance Ltd filed with the ROC?

    The most recent Balance Sheet for Mangalam Industrial Finance Ltd was filed with the ROC on 31 Mar 2024.

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