Mangalam Ventures Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 3.11 Cr
- Company Age 31 Year, 9 Months
- 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 31 years and nine months. 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
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.
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Strawberry Farms LlpSharat Jain is a mutual person
- Mango Farms Llp
Sharat Jain is a mutual person
- Watermelon Farms Llp
Sharat Jain is a mutual person
- Lichi Farms Llp
Sharat Jain is a mutual person
- Poppy Farms Llp
Sharat Jain is a mutual person
- Mulberry Estates Llp
Sharat Jain is a mutual person
Charges (Loans)
₹23.35 Cr
₹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.
