Monga Brothers Limited

Manufacturer of steel forgings, ornamental castings, and hardware products since 1966.

1966 | Ludhiana, Punjab (India) | Active
Last Updated:

Monga Brothers Profile

Key Indicators

  • Authorised Capital ₹ 5.20 Cr
  • Paid Up Capital ₹ 4.10 Cr
  • Company Age 58 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.17 Cr
  • Satisfied Charges ₹ 34.85 Cr
  • Revenue Growth 14.21%
  • Profit Growth 13.04%
  • Ebitda 4.82%
  • Net Worth 6.75%
  • Total Assets 3.15%

About Monga Brothers

Monga Brothers Limited (MBL) was founded in India on 17 August 1966 and has a glorious history of 58 years and eight months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Monga Brothers Private Limited. The Company is engaged in the Metals And Minerals 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 5.20 Cr and a paid-up capital of Rs 4.10 Cr.

The company currently has active open charges totaling ₹23.17 Cr. The company has closed loans amounting to ₹34.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Monga Brothers Limited India is Gopal Dass as CFO. Sharat Avasthi, Harish Bhatt, Rishva Rani, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27205PB1966PLC002663

  • Company No.

    002663

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1966

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Monga Brothers Limited offer?

Monga Brothers Limited offers a wide range of products and services, including Curtain and Drapery Hardware, Metal Curtain Finials, Tractor, Tractor Parts & Assemblies, Harvester, Staircase, Balusters and Stair Parts, Stair Parts, Forgings, Forging Parts & Supplies, Forgings, Nails, Fasteners, Rivets & Shackles, Shackle.

Company report

Monga Brothers Limited

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

Who are the key members and board of directors at Monga Brothers?

Executive Team (1)

NameDesignationAppointment DateStatus
Gopal Dass Country flag representing In CFO01-Sep-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Sharat Avasthi Country flag representing In Director 30-Oct-2009Current
Harish Bhatt Country flag representing In Director 30-Oct-2009Current
Rishva Rani Country flag representing In Whole-Time Director 01-Nov-2009Current
Mukesh Gupta Country flag representing In Whole-Time Director 01-Nov-2009Current

Financial Performance of Monga Brothers.

Monga Brothers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.21% increase. The company also saw a substantial improvement in profitability, with a 13.04% increase in profit. The company's net worth moved up by a moderate rise of 6.75%.

Monga Brothers revenue growth over time
Monga Brothers 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
14.21%
Revenue from Operations
14.23%
Total Assets
3.15%
Profit or Loss
13.04%
Net Worth
6.75%
EBITDA
4.82%

What is the Ownership and Shareholding Structure of Monga Brothers?

In 2023, Monga Brothers 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

₹23.17 Cr

Satisfied Charges

₹34.85 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.64 Cr
  • Oriental Bank Of Commerce : 0.31 Cr
  • Central Bank Of India : 0.12 Cr
  • Governor Of Punjab : 0.05 Cr
  • Centurion Bank Ltd : 0.05 Cr
  • Others : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2019Hdfc Bank Limited₹22.64 CrOpen
11 Aug 2001Centurion Bank Ltd₹0.45 MOpen
19 Oct 1997Central Bank Of India₹0.60 MOpen
29 Oct 1991Oriental Bank Of Commerce₹0.90 MOpen
13 Sep 1988Oriental Bank Of Commerce₹0.08 MOpen

How Many Employees Work at Monga Brothers?

Monga Brothers has a workforce of 33 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 Monga Brothers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Monga Brothers, 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 Monga Brothers'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 Monga Brothers

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Monga Brothers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.64 Cr registered on 10 Jul 2019 with Charge ID 100315817 was modified on 05 Feb 2024.

  • Charges

    A charge registered on 17 Sep 1994 via Charge ID 90170675 with Punjab And Sind Bank was fully satisfied on 27 Jan 2020.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 22.64 Cr with Charge ID 100315817 was registered on 10 Jul 2019.

  • Charges

    A charge registered on 26 May 2015 via Charge ID 10573066 with Punjab & Sind Bank was fully satisfied on 19 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Monga Brothers Limited?

    Monga Brothers Limited was incorporated on 17 Aug 1966.

  • What is authorized share capital and paid-up capital of Monga Brothers Limited?

    The authorized share capital of Monga Brothers Limited is ₹ 5.20 Cr and paid-up capital is ₹ 4.10 Cr.

  • Who are the current board members & directors of Monga Brothers Limited?

    Currently 5 directors are associated with Monga Brothers Limited.

    • Gopal Dass
    • Sharat Avasthi
    • Harish Bhatt
    • Rishva Rani
    • Mukesh Gupta
  • What is the registered address of Monga Brothers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Monga Brothers Limited is Gill Roadmiller Ganj Ludhiana India, Punjab, 141003.

  • What is the corporate identification number (CIN) and company number of Monga Brothers Limited?

    The corporate identification number (CIN) of Monga Brothers Limited is U27205PB1966PLC002663 and the company number is 002663 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Monga Brothers Limited?

    The Official website of Monga Brothers Limited is https://www.mongabrothers.com

  • What has been the recent revenue trend for Monga Brothers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Monga Brothers Limited has risen by 14.21%.

  • How many employees does Monga Brothers Limited currently have?

    As Per 2023 financial reports, 33 employees are currently employed by Monga Brothers Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Monga Brothers Limited has experienced an upsurge of 6.75%.

  • What are the total open charges for Monga Brothers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Monga Brothers Limited amount to ₹ 23.17 Cr.

  • When was the last Balance Sheet of Monga Brothers Limited filed with the ROC?

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

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