Mangalam Wheelers Private Limited
About Mangalam Wheelers Private Limited
Data last updated:
Mangalam Wheelers Private Limited is a private limited company based in Karwar, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50500KA2014PTC073955. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹45 Lakh. It is led by directors Mantri Nilesh Prakash and Bhandari Vijay Kamalkishor.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop Nos. 1 – 4 Aashirwad Near Durga Devi Temple Kodibag, Karwar, Karnataka, India – 581303.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.49 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹42.57 Lakh (net margin -3.2%) and EBITDA of -₹26.92 Lakh (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mangalam Wheelers Private Limited's registered office is in Karwar, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop Nos. 1 – 4 Aashirwad Near Durga Devi Temple Kodibag, Karwar, Karnataka, India – 581303
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Mangalam Wheelers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mangalam Wheelers is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Mangalam Wheelers Private Limited, buy the company report.
Financials of Mangalam Wheelers Private Limited
FY 2019 filings availableMangalam Wheelers Private Limited reported revenue of ₹13.49 Cr (down 19% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 167% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹26.92 Lakh | ||||
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| Net Profit (PAT) | -₹42.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -2% | ||||
| Net Profit Margin | -3.2% | ||||
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To see the full financial statements and ratios of Mangalam Wheelers Private Limited, buy the company report.
Board of directors of Mangalam Wheelers Private Limited
Mangalam Wheelers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mantri Nilesh Prakash | Director | 04 Mar 2014 | 12 Years 8 Months | Current |
| Bhandari Vijay Kamalkishor | Director | 04 Mar 2014 | 12 Years 8 Months | Current |
Shareholding
The shareholding of Mangalam Wheelers Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mangalam Wheelers Private Limited, buy the company report.
Legal cases
Mangalam Wheelers Private Limited has 8 court cases on record: 2 filed by Mangalam Wheelers, 6 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UTTARA KANNADA, Karnataka | Execution petition | Filed against the company by an individual | Pending |
| District court, UTTARA KANNADA, Karnataka | Arbitration matter | Filed by the company against individuals | Pending |
| District court, UTTARA KANNADA, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, UTTARA KANNADA, Karnataka | Court case (R.A.) | Filed against the company by an individual | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Mangalam Wheelers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangalam Wheelers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mangalam Wheelers Private Limited has a workforce of 12 employees on its EPFO records as of Oct 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 12 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Mangalam Wheelers Private Limited, buy the company report.
GST
Mangalam Wheelers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mangalam Wheelers Private Limited, buy the company report.
Recent activity
Mangalam Wheelers Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Bhandari Vijay Kamalkishor was appointed as Director on 04 Mar 2014.
Frequently asked questions
Mangalam Wheelers is an active private limited company based in Karwar, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U50500KA2014PTC073955.
Mangalam Wheelers has 2 current directors:
- Mantri Nilesh Prakash - Director
- Bhandari Vijay Kamalkishor - Director
The latest financial statements of Mangalam Wheelers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Mangalam Wheelers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mangalam Wheelers is U50500KA2014PTC073955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangalam Wheelers has 8 court cases on record: 2 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Mangalam Wheelers was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhandari Vijay Kamalkishor was appointed as Director on 04 Mar 2014. Mantri Nilesh Prakash was appointed as Director on 04 Mar 2014.
The registered office of Mangalam Wheelers is at Shop Nos. 1 – 4 Aashirwad Near Durga Devi Temple Kodibag, Karwar, Karnataka, India – 581303.
Mangalam Wheelers operates in the automotive industry, in the auto dealership and trading segment.
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