Mangalam Ventures Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 3.11 Cr
- Company Age 32 Year, 23 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.35 Cr
- Satisfied Charges ₹ 13.62 Cr
- Revenue Growth 48.31%
- Profit Growth 73.59%
- Ebitda 75.64%
- Net Worth 51.04%
- Total Assets 16.32%
About Mangalam Ventures
Mangalam Ventures Limited (MVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 April 1993 and has a history of 32 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Sonia Textiles Ltd. The Company is engaged in the Manufacturing 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 15.00 Cr and a paid-up capital of Rs 3.11 Cr.
The company currently has active open charges totaling ₹23.35 Cr. The company has closed loans amounting to ₹13.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mangalam Ventures Limited India is Ajay Kumar as COMPANY SECRETARY. Ramakanth Hegde, Sharat Jain, and Vinod Ahuja serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17110MH1993PLC071756
- Company No.
071756
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Apr 1993
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Mangalam Ventures Limited offer?
Mangalam Ventures Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service.
Mangalam Ventures Limited
Explore comprehensive data for Mangalam Ventures Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mangalam Ventures?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Kumar  | Company Secretary | 07-Aug-2008 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakanth Hegde | Whole-Time Director | 30-Oct-1998 | Current |
| Sharat Jain | Whole-Time Director | 01-Apr-2012 | Current |
| Vinod Ahuja | Director | 01-Sep-1993 | Current |
Financial Performance of Mangalam Ventures.
Mangalam Ventures Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.31% increase. The company also saw a substantial improvement in profitability, with a 73.59% increase in profit. The company's net worth Soared by an impressive increase of 51.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mangalam Ventures?
In 2023, Mangalam Ventures had a promoter holding of 93.87% and a public holding of 6.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹23.35 Cr
Satisfied Charges
₹13.62 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 22.85 Cr
- Others : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2017 | Others | ₹5.00 M | Open |
| 30 Sep 1994 | State Bank Of India | ₹22.85 Cr | Open |
| 20 Dec 2021 | State Bank Of India | ₹2.25 Cr | Satisfied |
| 29 Jul 2016 | Others | ₹5.00 M | Satisfied |
| 25 Jul 2014 | Icici Bank Limited | ₹1.23 M | Satisfied |
How Many Employees Work at Mangalam Ventures?
Mangalam Ventures has a workforce of 355 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mangalam Ventures, 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 Ventures'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 Mangalam Ventures
Recent activity within the organization
- Annual General Meeting
Mangalam Ventures Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Mangalam Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with State Bank Of India of Rs. 22.85 Cr registered on 30 Sep 1994 with Charge ID 80063994 was modified on 28 Mar 2022.
- Charges
A charge registered on 20 Dec 2021 via Charge ID 100513454 with State Bank Of India was fully satisfied on 27 Dec 2021.
- Charges
A charge registered on 07 Dec 2010 via Charge ID 10265346 with State Bank Of India was fully satisfied on 27 Dec 2021.
- Charges
A charge with State Bank Of India amounted to Rs. 2.25 Cr with Charge ID 100513454 was registered on 20 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of Mangalam Ventures Limited?
Mangalam Ventures Limited was incorporated on 27 Apr 1993.
What is authorized share capital and paid-up capital of Mangalam Ventures Limited?
The authorized share capital of Mangalam Ventures Limited is ₹ 15.00 Cr and paid-up capital is ₹ 3.11 Cr.
Who are the current board members & directors of Mangalam Ventures Limited?
Currently 4 directors are associated with Mangalam Ventures Limited.
- Ajay Kumar
- Ramakanth Shivasamb Hegde
- Sharat Jain
- Vinod Ahuja
What is the registered address of Mangalam Ventures Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mangalam Ventures Limited is 94 Arcedia Nariman Point, India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Mangalam Ventures Limited?
The corporate identification number (CIN) of Mangalam Ventures Limited is U17110MH1993PLC071756 and the company number is 071756 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mangalam Ventures Limited?
The Official website of Mangalam Ventures Limited is https://www.mangalamventures.com
What has been the recent revenue trend for Mangalam Ventures Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mangalam Ventures Limited has risen by 48.31%.
How many employees does Mangalam Ventures Limited currently have?
As Per 2023 financial reports, 355 employees are currently employed by Mangalam Ventures Limited.
What change has been observed in the net worth of Mangalam Ventures Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mangalam Ventures Limited has experienced an upsurge of 51.04%.
What are the total open charges for Mangalam Ventures Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mangalam Ventures Limited amount to ₹ 23.35 Cr.
When was the last Balance Sheet of Mangalam Ventures Limited filed with the ROC?
The most recent Balance Sheet for Mangalam Ventures Limited was filed with the ROC on 31 Mar 2024.
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