About Mangal Keshav Securities Limited
Data last updated:
Mangal Keshav Securities Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 05 July 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2005PLC154505. Its GSTIN is 27AAECM6524C1ZP (Maharashtra). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹41 Cr and a paid-up capital of ₹12.97 Cr. It was formerly known as Mangal Keshav Holdings Limited and Mangal Keshav Holdings Private Limited. It was led by directors including Paresh Navnitlal Bhagat (Managing Director) and Ajay Sudhir Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 501 Heritage Plazaj P Road Opp Indian Oil Colony Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2022, the company reported a revenue of ₹32.84 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹10.19 Cr and EBITDA of ₹12.91 Cr. Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had open charges of ₹10 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it; 2 cases are pending.
The last known website on record is mangalkeshav.com.
Company details
Name history
Mangal Keshav Securities has undergone 2 name changes throughout its history. The company was previously known as Mangal Keshav Holdings Limited, and Mangal Keshav Holdings Private Limited. The current legal name is Mangal Keshav Securities Limited.
| Company Name | Status |
|---|---|
| Mangal Keshav Securities Limited | Current |
| Mangal Keshav Holdings Limited | Previous |
| Mangal Keshav Holdings Private Limited | Previous |
CIN history
Mangal Keshav Securities has one previous CIN (Corporate Identification Number): U65990MH2005PLC154505. The current CIN is U67100MH2005PLC154505, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH2005PLC154505 | Current |
| U65990MH2005PLC154505 | Previous |
Contact details
Mangal Keshav Securities Limited's registered office is in Mumbai, Maharashtra. Its website is mangalkeshav.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 Heritage Plazaj P Road Opp Indian Oil Colony Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Mangal Keshav Securities 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
Financials of Mangal Keshav Securities Limited
FY 2024 filings availableMangal Keshav Securities Limited reported revenue of ₹32.84 Lakh (down 61% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 61% fall in the latest year. EBITDA fell 71% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹32.84 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mangal Keshav Securities Limited, buy the company report.
Board of directors and KMP of Mangal Keshav Securities Limited
Mangal Keshav Securities Limited currently reports 5 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Shashikant Dalal Also directs: Zuber Marketing LLP, De-Lite Share & Commodity Trading Limited, Kadoli Investments Limited and 1 more | Cfo | 17 Mar 2016 | 10 Years 7 Months | As last reported |
| Mayank Yogesh Bhagat Also directs: Mi Casa Su Casa Realty LLP | Director | 10 Mar 2017 | 9 Years 7 Months | As last reported |
| Paresh Navnitlal Bhagat Also directs: Skyfire Insurance Broking LLP, Shubh Vastu Shilp Properties LLP, Paresh Infrastructure Private Limited and 3 more | Managing Director | 05 Jul 2005 | 21 Years 3 Months | As last reported |
| Pradeep Narayan Bhaskare | Director | 03 Apr 2017 | 9 Years 6 Months | As last reported |
| Ajay Sudhir Shah | Whole-Time Director | 26 Oct 2012 | 14 Years 0 Months | As last reported |
| Sujay Sudhir Shah | Whole-Time Director | 30 Jan 2013 | 13 Years 9 Months | As last reported |
Auditor
Mangal Keshav Securities Limited is audited by Singrodia & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singrodia & Co LLP | FY 2022 | W100280 |
Shareholding
The shareholding of Mangal Keshav Securities Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mangal Keshav Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2020 | 100350526 | Hdfc Bank Limited | ₹10 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Mangal Keshav Securities Limited has 12 court cases on record: 8 filed by Mangal Keshav Securities, 4 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| High courts | 3 | 0 | 1 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against The State of Maharashtra and Deo Kumar Sarraf---Respondents | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against State - Deo Kumar Sarraf - Respnds | Disposed |
To see the full case history of Mangal Keshav Securities 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 Mangal Keshav Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mangal Keshav Securities has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mangal Keshav Capital Limited | U65990MH2005PLC153062 |
To see the full group structure of Mangal Keshav Securities Limited, buy the company report.
Employees & EPFO
Mangal Keshav Securities Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mangal Keshav Securities has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM6524C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangal Keshav Securities Limited, buy the company report.
Recent activity
Mangal Keshav Securities Limited has 22 board changes on record since 2005: 6 appointments and 16 cessations. The latest: Mayank Yogesh Bhagat ceased to be Additional Director on 17 May 2017.
14 earlier events are in the company report.
Frequently asked questions
Mangal Keshav Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mangal Keshav Securities was a public limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 05 July 2005 and is registered under CIN U67100MH2005PLC154505. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mangal Keshav Securities was incorporated on 05 July 2005. It is registered with the Registrar of Companies, Mumbai.
Mangal Keshav Securities had 6 directors and KMP:
- Paresh Navnitlal Bhagat - Managing Director
- Ajay Sudhir Shah - Whole-Time Director
- Sujay Sudhir Shah - Whole-Time Director
- Mayank Yogesh Bhagat - Director
- Pradeep Narayan Bhaskare - Director
- Bhushan Shashikant Dalal - Cfo
The CIN (Corporate Identification Number) of Mangal Keshav Securities is U67100MH2005PLC154505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mangal Keshav Securities is at 501 Heritage Plazaj P Road Opp Indian Oil Colony Andheri West, Mumbai, Maharashtra, India – 400053.
Mangal Keshav Securities can be reached through the website mangalkeshav.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Mangal Keshav Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangal Keshav Securities is 27AAECM6524C1ZP, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Mangal Keshav Securities operated in the financial services industry, in the brokerage and trading services segment.