Monal Chains Limited

Manufacturer and exporter of various chains, slings, and industrial equipment, including hoisting and lifting products.

1981 | Thane, Maharashtra (India) | Active
Last Updated:

Monal Chains Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 44 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.43 Cr
  • Satisfied Charges ₹ 16.47 Cr
  • Revenue Growth 4.11%
  • Profit Growth -0.07%
  • Ebitda 3.66%
  • Net Worth 7.48%
  • Total Assets 14.40%

About Monal Chains

Monal Chains Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 April 1981 and has a history of 44 years. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Monal Foundries Private Limited. The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹9.43 Cr. The company has closed loans amounting to ₹16.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anujkumar Gupta, Umang Gupta, Tarang Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27300MH1981PLC024278

  • Company No.

    024278

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Monal Chains Limited offer?

Monal Chains Limited offers a wide range of products and services, including Material Handling Machines & Systems, Lifting Equipment, Lifting Hooks, Chains & Clamps, Webbing and Lifting Slings, Metal Chain, Stainless Steel Heavy Duty Chain, Chain Slings, Hardware: Hooks & Mounts, Hanging Hooks, Lifting, Link and Drag Chains.

Company report

Monal Chains Limited

Explore comprehensive data for Monal Chains Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Monal Chains?

Board Members (4)

NameDesignationAppointment DateStatus
Anujkumar Gupta Country flag representing In Director 01-Apr-2005Current
Umang Gupta Country flag representing In Director 27-Oct-2021Current
Tarang Gupta Country flag representing In Director 13-Oct-2021Current
Manisha Gupta Country flag representing In Director 07-Jan-2013Current

Financial Performance of Monal Chains.

Monal Chains Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.11% increase. The company also saw a slight decrease in profitability, with a 0.07% decrease in profit. The company's net worth moved up by a moderate rise of 7.48%.

Monal Chains revenue growth over time
Monal Chains 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
4.11%
Revenue from Operations
4.55%
Total Assets
14.40%
Profit or Loss
-0.07%
Net Worth
7.48%
EBITDA
3.66%

What is the Ownership and Shareholding Structure of Monal Chains?

In 2023, Monal Chains had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.43 Cr

Satisfied Charges

₹16.47 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.42 Cr
  • State Bank Of India : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
24 Aug 2023Others₹1.20 MOpen
16 Nov 2022Others₹5.00 MOpen
23 Sep 2020Others₹8.80 CrOpen
24 Jan 1989State Bank Of India₹0.06 MOpen
17 Aug 2010Corporation Bank₹1.14 MSatisfied

How Many Employees Work at Monal Chains?

Monal Chains has a workforce of 34 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.

Employee growth trends for Monal Chains Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Monal Chains, 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 Monal Chains'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 Monal Chains

Recent activity within the organization

  • Annual General Meeting

    Monal Chains Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Monal Chains Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100785108 was registered on 24 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100646801 was registered on 16 Nov 2022.

  • Charges

    A charge with Others of Rs. 8.80 Cr registered on 23 Sep 2020 with Charge ID 100372393 was modified on 16 Nov 2022.

  • Charges

    A charge registered on 30 Jun 1983 via Charge ID 90189023 with The Maharashtra State Financial Corporation was fully satisfied on 09 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Monal Chains Limited?

    Monal Chains Limited was incorporated on 22 Apr 1981.

  • What is authorized share capital and paid-up capital of Monal Chains Limited?

    The authorized share capital of Monal Chains Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.05 Cr.

  • Who are the current board members & directors of Monal Chains Limited?

    Currently 4 directors are associated with Monal Chains Limited.

    • Anujkumar Gupta
    • Umang Gupta
    • Tarang Gupta
    • Manisha Gupta

  • What is the registered address of Monal Chains Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Monal Chains Limited is J-59, Midc Tarapur India, Boisar, Maharashtra, 401506.

  • What is the corporate identification number (CIN) and company number of Monal Chains Limited?

    The corporate identification number (CIN) of Monal Chains Limited is U27300MH1981PLC024278 and the company number is 024278 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Monal Chains Limited?

    The Official website of Monal Chains Limited is https://www.monalchains.com

  • What has been the recent revenue trend for Monal Chains Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Monal Chains Limited has risen by 4.11%.

  • How many employees does Monal Chains Limited currently have?

    As Per 2023 financial reports, 34 employees are currently employed by Monal Chains Limited.

  • What change has been observed in the net worth of Monal Chains Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Monal Chains Limited has experienced an upsurge of 7.48%.

  • What are the total open charges for Monal Chains Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Monal Chains Limited amount to ₹ 9.43 Cr.

  • When was the last Balance Sheet of Monal Chains Limited filed with the ROC?

    The most recent Balance Sheet for Monal Chains Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing