Mangal Commercial Private Limited
About Mangal Commercial Private Limited
Data last updated:
Mangal Commercial Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 11 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51420CT2014PTC001319. Its GSTIN is 22AAJCM2168H1ZK (Chhattisgarh). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.67 Cr. It is led by directors Suman Agarwal and Pankaj Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Raipur, Chhattisgarh.
As per the financials filed for FY 2022, the company reported a revenue of ₹139.55 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net loss of ₹63.43 Lakh (net margin -0.5%) and EBITDA of ₹36.96 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹8.4 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mangal Commercial Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock A – 401 4th Floor Babylon Tower Vip Square Te, Libandha, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Mangal Commercial 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 Mangal Commercial is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mangal Commercial Private Limited, buy the company report.
Financials of Mangal Commercial Private Limited
FY 2022 filings availableMangal Commercial Private Limited reported revenue of ₹139.55 Cr (up 117% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 117% growth in the latest year. EBITDA rose 12% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹139.55 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹36.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Total Liabilities | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | -0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mangal Commercial Private Limited, buy the company report.
Board of directors of Mangal Commercial Private Limited
Mangal Commercial has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Agarwal Also directs: Mangal Udyam Private Limited, Mangal Sail Ispat Private Limited, Mangal Sariya Private Limited and 5 more | Director | 31 Dec 2016 | 9 Years 10 Months | Current |
| Pankaj Agarwal Also directs: Mangal Udyam Private Limited, Mangal Sail Ispat Private Limited, Mangal Sariya Private Limited and 5 more | Director | 11 Mar 2014 | 12 Years 8 Months | Current |
Auditor
Mangal Commercial Private Limited is audited by PAWAN SHYAM ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAN SHYAM ASSOCIATES | FY 2022 | 009369C |
Shareholding
The shareholding of Mangal Commercial Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mangal Commercial Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2022 | 100597091 | Others | ₹74.43 Lakh | Open | |
| 07 Jul 2022 | 100597133 | Others | ₹7 Cr | Open | |
| 13 Aug 2020 | 100360063 | Others | ₹69.46 Lakh | Open | |
| 30 Mar 2019 | 100254915 | Others | ₹2.8 Cr | Open | |
| 30 Mar 2019 | 100254976 | Others | ₹76.23 Lakh | Open |
To see the full charge records of Mangal Commercial Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mangal Commercial Private Limited has 4 court cases on record: 4 filed by Mangal Commercial. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0428-Indirect Taxes Matters : Others) | Filed by the company against Union of India Secretary Ministry of Finance, Post Office/Police Station North Block, Parliament Street ,New Delhi , Delhi and 6 others | Disposed |
| Supreme Court | Court case (0428-Indirect Taxes Matters : Others) | Filed by the company against Union of India Through the Secretary Post Office/Police Station North Block, Parliament Street ,New Delhi , Delhi and 6 others | Disposed |
| High Court | Court case (WPT) | Filed by the company against Union of India and 6 others | Disposed |
| High Court | Court case (REVP) | Filed by the company against Union of India and 6 others | Disposed |
To see the full case history of Mangal Commercial 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.
Credit ratings & regulatory alerts
Mangal Commercial Private Limited was last rated by Care on 28 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Jul 2022 |
To see the full credit ratings and regulatory alerts of Mangal Commercial Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangal Commercial Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangal Commercial has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAJCM2168H1ZK | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangal Commercial Private Limited, buy the company report.
Recent activity
Mangal Commercial Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Suman Agarwal was appointed as Director on 31 Dec 2016.
6 earlier events are in the company report.
Frequently asked questions
Mangal Commercial is an active private limited company based in Raipur, Chhattisgarh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 11 March 2014 (12+ years old) and is registered under CIN U51420CT2014PTC001319.
Mangal Commercial has 2 current directors:
- Suman Agarwal - Director
- Pankaj Agarwal - Director
The latest financial statements of Mangal Commercial on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangal Commercial is 22AAJCM2168H1ZK, registered in Chhattisgarh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mangal Commercial is U51420CT2014PTC001319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangal Commercial has 4 court cases on record: 4 filed by the company. Most are in the high courts.
Mangal Commercial was incorporated on 11 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Suman Agarwal was appointed as Director on 31 Dec 2016. Sunil Agarwal ceased to be Director on 31 Dec 2016. Pankaj Agarwal was appointed as Director on 11 Mar 2014.
The registered office of Mangal Commercial is at Block A – 401 4th Floor Babylon Tower Vip Square Te, Libandha, Raipur, Chhattisgarh, India – 492001.
Mangal Commercial operates in the metals and minerals industry, in the metal retail and distribution segment.
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