Mangal Credit And Fincorp Limited logo

Mangal Credit And Fincorp Limited

Provides various loans to individuals and businesses, registered with RBI.

1961 Mumbai, Maharashtra (India) Active


Basic Data Updated:

2 months ago
Mangal Credit And Fincorp Limited (MCAFL) was founded in India on 29 December 1961 and has a glorious history of 62 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505850.

The Corporate was formerly known as Tak Machinery Limited. The Company is engaged in the Finance And Insurance 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 25.00 cr and a paid-up capital of Rs 19.56 cr.

The Corporate currently has active open charges totaling ₹89.15 cr. It has already closed loans amounting to ₹5.97 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mangal Credit And Fincorp Limited India are Manish Rathi as Ceo, Nilesh Jain as Cfo, and Chirag Parmar as Company Secretary. Sriram Sankaranarayanan, Meghraj Jain, Nirupama Pendurkar, and Four other members serve as directors at the Company.


Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
  • Telephone
  • Email Address
  • Social Media
Company No.012227
Stock Symbol BSE : 505850
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date29 Dec 1961
Date of AGM22 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Mangal Credit And Fincorp Limited


Mangal Credit And Fincorp Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.56% increase. The company also saw a substantial improvement in profitability, with a 30.12% increase in profit. The company's net worth moved up by a moderate rise of 5.68%.

Corporate Structure


Unlock access to Mangal Credit And Fincorp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Mangal Credit And Fincorp Limited

Executive Team (4)

  • MJ

    Meghraj Jain In Managing Director

    Appointment Date: 14-Aug-2013

    Status: Current

  • MR

    Manish Rathi CEO

    Appointment Date: 06-Apr-2022

    Status: Current

  • NJ

    Nilesh Jain CFO

    Appointment Date: 02-Sep-2022

    Status: Current

  • CP

    Chirag Parmar Company Secretary

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹89.15 cr

₹5.97 cr


The Catholic Syrian Bank Ltd

Creation Date: 21 Aug 2023
₹7.00 CrOpen


Creation Date: 21 Feb 2023
₹7.00 CrOpen

State Bank Of India

Creation Date: 25 Aug 2022
₹30.00 CrOpen

Deals i


Gain comprehensive insights into the Deals and Valuation data of Mangal Credit And Fincorp, 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 Mangal Credit And Fincorp's trajectory.



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.



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.

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Recent activity within the organization

  • Activity


    A charge with City Union Bank Limited of Rs. 20.00 cr registered on 13 Aug 2021 with Charge ID 100476080 was modified on 07 Oct 2023.

    07 Oct 2023
  • Activity

    Annual General Meeting

    Mangal Credit And Fincorp Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023
  • Activity


    A charge with The Catholic Syrian Bank Ltd amounted to Rs. 7.00 cr with Charge ID 100783456 was registered on 21 Aug 2023.

    21 Aug 2023
  • Activity

    Balance Sheet

    Mangal Credit And Fincorp Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity


    A charge with State Bank Of India of Rs. 30.00 cr registered on 25 Aug 2022 with Charge ID 100608015 was modified on 30 Mar 2023.

    30 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Mangal Credit And Fincorp Limited?

Mangal Credit And Fincorp Limited was incorporated 62 years 6 months ago on 29 Dec 1961 with Registrar of Companies Roc Mumbai.

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