Mangaldas Mehta And Company Limited

Founded in 1947 and headquartered in Gujarat, India.

1947 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

Mangaldas Mehta And Company Profile

Key Indicators

  • Authorised Capital ₹ 4.45 Cr
  • Paid Up Capital ₹ 1.33 Cr
  • Company Age 77 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.93 Cr
  • Satisfied Charges ₹ 15.10 Cr
  • Revenue Growth 97.30%
  • Profit Growth 760.62%
  • Ebitda 274.41%
  • Net Worth 43.67%
  • Total Assets 18.29%

About Mangaldas Mehta And Company

Mangaldas Mehta And Company Limited (MMACL) was founded in India on 05 February 1947 and has a glorious history of 77 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Mangaldas Mehta And Company Private Limited. The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.45 Cr and a paid-up capital of Rs 1.33 Cr.

The company currently has active open charges totaling ₹11.93 Cr. The company has closed loans amounting to ₹15.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamal Madanmohan, Abhay Mangaldas, and Shaneel Parekh serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ1947PLC074932

  • Company No.

    074932

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 1947

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Travel and Hospitality

Who are the key members and board of directors at Mangaldas Mehta And Company?

Executive Team (1)

Name Designation Appointment Date Status
Abhay Mangaldas Country flag representing In Managing Director 03-Feb-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Kamal Madanmohan Country flag representing In Director 28-Jun-2013 Current
Shaneel Parekh Country flag representing In Director 20-Jan-2021 Current

Financial Performance of Mangaldas Mehta And Company.

Mangaldas Mehta And Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 97.3% increase. The company also saw a substantial improvement in profitability, with a 760.62% increase in profit. The company's net worth Soared by an impressive increase of 43.67%.

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
97.30%
Revenue from Operations
98.36%
Total Assets
18.29%
Profit or Loss
760.62%
Net Worth
43.67%
EBITDA
274.41%

What is the Ownership and Shareholding Structure of Mangaldas Mehta And Company?

In 2023, Mangaldas Mehta And Company had a promoter holding of 92.56% and a public holding of 7.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.93 Cr

Satisfied Charges

₹15.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 11.93 Cr
  • Bank Of India : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 2024 Hdfc Bank Limited ₹1.27 M Open
30 Nov 2022 Hdfc Bank Limited ₹0.74 M Open
28 Jul 2022 Hdfc Bank Limited ₹1.81 M Open
29 Aug 2017 Hdfc Bank Limited ₹11.55 Cr Open
01 Jan 1973 Bank Of India ₹0.05 M Open

How Many Employees Work at Mangaldas Mehta And Company?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mangaldas Mehta And Company, 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 Mangaldas Mehta And Company'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 Mangaldas Mehta And Company

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100901007 was registered on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 11.55 Cr registered on 29 Aug 2017 with Charge ID 100121857 was modified on 21 Feb 2024.

    21 Feb 2024

  • Annual General Meeting

    Mangaldas Mehta And Company Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

    15 Sep 2023

  • Balance Sheet

    Mangaldas Mehta And Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100655677 was registered on 30 Nov 2022.

    30 Nov 2022

  • Charges

    A charge registered on 26 Jun 2015 via Charge ID 10577367 with Bajaj Finance Limited was fully satisfied on 24 Aug 2022.

    24 Aug 2022

Frequently asked questions

  • Mangaldas Mehta And Company Limited was incorporated on 05 Feb 1947.

  • The authorized share capital of Mangaldas Mehta And Company Limited is ₹ 4.45 Cr and paid-up capital is ₹ 1.33 Cr.

  • Currently 3 directors are associated with Mangaldas Mehta And Company Limited.

    • Kamal Mangaldas Madanmohan
    • Abhay Kamal Mangaldas
    • Shaneel Samir Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mangaldas Mehta And Company Limited is House Of M.G. Opp. Sidi Saiyed Mosque Laldarwaja, India, Ahmedabad, Gujarat, 380001.

  • The corporate identification number (CIN) of Mangaldas Mehta And Company Limited is U17120GJ1947PLC074932 and the company number is 074932 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mangaldas Mehta And Company Limited has risen by 97.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mangaldas Mehta And Company Limited has experienced an upsurge of 43.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mangaldas Mehta And Company Limited amount to ₹ 11.93 Cr.

  • The most recent Balance Sheet for Mangaldas Mehta And Company Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Hotel & Accommodation Services