MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-03-0000159
Mangalam Ventures Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹86.74 Cr
▼ 11% YoY
Net profit · FY 2026
₹11.8 Cr
Net margin 13.6%
EBITDA · FY 2026
₹19.58 Cr
EBITDA margin 22.6%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹3.11 Cr
Issued & subscribed
Open charges
₹19.15 Cr
Satisfied ₹14.12 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
355
Provident fund records
About Mangalam Ventures Limited
Data last updated:
Mangalam Ventures Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1993PLC071756. Its GSTIN is 06AABCS5797E1Z5 (Haryana). The company holds 15 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹3.11 Cr. It was formerly known as Sonia Textiles Ltd and Sonia Textiles Pvt Ltd. It is led by directors including Ramakanth Shivasamb Hegde (Whole-Time Director) and Sharat Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 94 Arcedia Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2026, the company reported a revenue of ₹86.74 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹11.8 Cr (net margin 13.6%) and EBITDA of ₹19.58 Cr (EBITDA margin 22.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
The company has about 355 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: NeceSera and Mangalam Ventures. As per MCA filings, the company has open charges of ₹19.15 Cr and satisfied charges of ₹14.12 Cr on record. Court records list 20 cases involving the company, including 10 filed by the company and 10 filed against it; 2 cases are pending. The company has 1 deal on record (1 market trade); the latest was in April 2008. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 3 smaller; the largest is Accura Spintex Private Limited with revenue of ₹97.7 Cr.
Mangalam Ventures Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0000159). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangalamventures.com.
Company details
CIN U17110MH1993PLC071756
Registration Number 071756
Incorporation Date 27 April 1993
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-03-0000159
Name history
Mangalam Ventures has undergone 2 name changes throughout its history. The company was previously known as Sonia Textiles Ltd, and Sonia Textiles Pvt Ltd. The current legal name is Mangalam Ventures Limited.
| Company Name | Status |
|---|---|
| Mangalam Ventures Limited | Current |
| Sonia Textiles Ltd | Previous |
| Sonia Textiles Pvt Ltd | Previous |
CIN history
Mangalam Ventures has one previous CIN (Corporate Identification Number): L17110MH1993PLC071756. The current CIN is U17110MH1993PLC071756, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110MH1993PLC071756 | Current |
| L17110MH1993PLC071756 | Previous |
Key People
Ramakanth Shivasamb Hegde Whole-Time Director Sharat Jain Whole-Time Director Vinod Ahuja Director Recognitions & Rankings of Mangalam Ventures
Contact details
Mangalam Ventures Limited's registered office is in Mumbai, Maharashtra. Its website is mangalamventures.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address94 Arcedia Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mangalam Ventures Limited, buy the company report.
Comprehensive company report
Mangalam Ventures Limited - one report that includes everything
- 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
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Brands
Mangalam Ventures operates two associated brands: NeceSera and Mangalam Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform selling loungewear, sleepwear, and travel essentials for everyday comfort. | necesera.com | |
| Knitwear manufacturing and exporting with vertically integrated facilities in India. | mangalamventures.com |
Business activity
The main business activity of Mangalam Ventures is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mangalam Ventures Limited, buy the company report.
Financials of Mangalam Ventures Limited
FY 2026 filings availableMangalam Ventures Limited reported revenue of ₹86.74 Cr (down 11% YoY) for FY 2026.
Revenue · FY 2026
₹86.74 Cr ▼ 11%
Net profit · FY 2026
₹11.8 Cr margin 13.6%
EBITDA · FY 2026
₹19.58 Cr margin 22.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 12%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 11%
5 years · compounded
▲ 22%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 36% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹86.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.8 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.6% | ||||
| Net Profit Margin | 13.6% | ||||
| 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 Mangalam Ventures Limited, buy the company report.
Board of directors of Mangalam Ventures Limited
Mangalam Ventures has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakanth Shivasamb Hegde | Whole-Time Director | 30 Oct 1998 | 27 Years 11 Months | Current |
| Vinod Ahuja Also directs: Spectrum Agros Pvt Ltd, V R A Cotton Mills Private Limited, Shri Ganesh Cotton Factory Pvt Ltd and 5 more | Director | 01 Sep 1993 | 33 Years 1 Months | Current |
| Sharat Jain | Whole-Time Director | 01 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Mangalam Ventures Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accura Spintex Private Limited | ₹97.7 Cr (FY 2025) | -14.0% | Sanosara, Gujarat, India | |||
| Terrapro Geosynthetics Private Limited | ₹97.7 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| Hami Weavelon Private Limited | ₹97.7 Cr (FY 2025) | 13546.0% | Surat, Gujarat, India | |||
| Natvar Cotex Private Limited | ₹97.7 Cr (FY 2025) | -27.0% | Morbi, Gujarat, India | |||
| Best Colour Solutions India Private Limited | ₹97.63 Cr (FY 2024) | 184.0% | Coimbatore, Tamil Nadu, India | |||
| Suditi Industries Limited | ₹97.29 Cr (FY 2025) | 34.0% | Thane, Maharashtra, India | |||
| Vimlon Dyeing and Printing Mills Pvt Ltd | ₹97.2 Cr (FY 2025) | 1.0% | Surat, Gujarat, India | |||
| Betex India Limited (Co TR From Maha ) | ₹97.15 Cr (FY 2025) | 8.0% | Surat, Gujarat, India | |||
| Mangalam Ventures Limitedthis company | ₹86.74 Cr (FY 2026) | ₹11.8 Cr | 13.6% | -11.0% | 355 | Mumbai, Maharashtra, India |
To see the full peer comparison of Mangalam Ventures Limited, buy the company report.
Auditor
Mangalam Ventures Limited is audited by BANSAL & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL & ASSOCIATES | FY 2024 | 100985 W |
Shareholding
The shareholding of Mangalam Ventures Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mangalam Ventures Limited, buy the company report.
Charges & borrowings
Open charges
₹19.15 Cr
Satisfied charges
₹14.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2026 | 101244377 | Others | ₹30 Lakh | Open | |
| 09 May 2025 | 101105876 | Hdfc Bank Limited | ₹1.25 Cr | Open | |
| 30 Sep 1994 | 80063994 | State Bank of India | ₹17.6 Cr | Open | |
| 20 Dec 2021 | 100513454 | State Bank of India | ₹2.25 Cr | Satisfied | |
| 31 Aug 2017 | 100123486 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Mangalam Ventures Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Mangalam Ventures Limited has 1 deal on record (1 market trade); the latest was in April 2008.
Total deals
1
Market trade
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2008 | Market trade | ₹54.3 Lakh | Seller: Preeti Vanijya Pvt Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mangalam Ventures Limited has 20 court cases on record: 10 filed by Mangalam Ventures, 10 filed against it. 2 cases are pending and 18 are disposed.
Total cases
20
Filed by the company
10
Filed against the company
10
Pending
2
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 2 |
| District courts | 8 | 8 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (EC) | Filed by the company against SDV International Logistics Ltd. | Disposed |
| High Court, HARYANA | Court case (XOBJC) | Filed by the company against an individual | Pending |
| High Court, HARYANA | Appeal | Filed by the company against an individual | Pending |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Disposed |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State | Disposed |
To see the full case history of Mangalam Ventures 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
Mangalam Ventures Limited was last rated by Care on 03 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Nov 2021 |
To see the full credit ratings and regulatory alerts of Mangalam Ventures Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangalam Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mangalam Ventures Limited has a workforce of 355 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
355
Active EPFO establishments
1
Employee growth
0.85%
GST
Mangalam Ventures has 15 GST registrations: 2 active and 13 cancelled or inactive.
Total GSTINs
15
Active
2
Cancelled / inactive
13
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCS5797E1Z5 | Haryana | Active | 01 Jul 2017 |
| 07AABCS5797E3Z1 | Delhi | Active | 24 Jan 2018 |
To see the full GST registrations and return filing status of Mangalam Ventures Limited, buy the company report.
Recent activity
Mangalam Ventures Limited has 8 board changes on record since 1993: 3 appointments and 5 cessations. The latest: Dharnendra Kumar Rana ceased to be Director on 04 Nov 2015.
AGM
Mangalam Ventures Limited last Annual general meeting of members was held on 26 Sep 2026 as per latest MCA records.
Filing
Mangalam Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101244377 was registered on 11 Feb 2026.
Charges
A charge registered on 31 Aug 2017 via Charge ID 100123486 with Others was fully satisfied on 08 Oct 2025.
Charges
A charge with State Bank Of India of Rs. 17.60 Cr registered on 30 Sep 1994 with Charge ID 80063994 was modified on 15 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 101105876 was registered on 09 May 2025.
Charges
A charge registered on 20 Dec 2021 via Charge ID 100513454 with State Bank Of India was fully satisfied on 27 Dec 2021.
Charges
A charge registered on 07 Dec 2010 via Charge ID 10265346 with State Bank Of India was fully satisfied on 27 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 2.25 Cr with Charge ID 100513454 was registered on 20 Dec 2021.
Charges
A charge registered on 29 Jul 2016 via Charge ID 100048171 with Others was fully satisfied on 09 Aug 2021.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100123486 was registered on 31 Aug 2017.
Charges
A charge registered on 25 Jul 2014 via Charge ID 10558825 with Icici Bank Limited was fully satisfied on 08 Aug 2017.
13 earlier events are in the company report.
Frequently asked questions
Mangalam Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 April 1993 (33+ years old) and is registered under CIN U17110MH1993PLC071756.
Mangalam Ventures has 3 current directors:
- Ramakanth Shivasamb Hegde - Whole-Time Director
- Sharat Jain - Whole-Time Director
- Vinod Ahuja - Director
The latest financial statements of Mangalam Ventures on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangalam Ventures is 06AABCS5797E1Z5, registered in Haryana. The company has 15 GST registrations in all, of which 2 are active and 13 are cancelled or inactive. Other active GSTINs include 07AABCS5797E3Z1 (Delhi).
The CIN (Corporate Identification Number) of Mangalam Ventures is U17110MH1993PLC071756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangalam Ventures has 20 court cases on record: 10 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.
Mangalam Ventures was incorporated on 27 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Mangalam Ventures has 1 deal on record (1 market trade); the latest was in April 2008.
The peers of Mangalam Ventures by revenue are Accura Spintex Private Limited, Terrapro Geosynthetics Private Limited, Hami Weavelon Private Limited, Natvar Cotex Private Limited, Best Colour Solutions India Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dharnendra Kumar Rana ceased to be Director on 04 Nov 2015. Vikas Kohli ceased to be Director on 04 Nov 2015. Sharat Jain was appointed as Whole-Time Director on 01 Apr 2012. Mangalam Ventures has 8 board changes on record in total.
Yes, Mangalam Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-HR-03-0000159).