- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-09-0003720

Mangalshiv Projects Private Limited
About Mangalshiv Projects Private Limited
Data last updated:
Mangalshiv Projects Private Limited is a private limited company based in Siliguri, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 10 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2012PTC187050. Its GSTIN is 19AAICM3179K1ZW (West Bengal).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.46 Cr. It is led by directors including Hiralal Agarwal (Managing Director) and Ruchika Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Near Ghora More Plot No.70 Saudangi, Siliguri, West Bengal, India – 735135.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.88 Cr (net margin 48.3%) and EBITDA of ₹3.51 Cr (EBITDA margin 89.9%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹15.4 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Mangalshiv Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-09-0003720). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mangalshiv Projects
Contact details
Mangalshiv Projects Private Limited's registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Ghora More Plot No.70 Saudangi, Siliguri, West Bengal, India – 735135
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mangalshiv Projects 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 Mangalshiv Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mangalshiv Projects Private Limited, buy the company report.
Financials of Mangalshiv Projects Private Limited
FY 2024 filings availableMangalshiv Projects Private Limited reported revenue of ₹3.9 Cr (up 875% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 875% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.51 Cr | ||||
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| Net Profit (PAT) | ₹1.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 89.9% | ||||
| Net Profit Margin | 48.3% | ||||
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To see the full financial statements and ratios of Mangalshiv Projects Private Limited, buy the company report.
Board of directors of Mangalshiv Projects Private Limited
Mangalshiv Projects has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiralal Agarwal Also directs: Navaya Business LLP, Sarawagi Rice & Oil Mill (P) Ltd, JVS Ispat Private Limited and 4 more | Managing Director | 12 Jul 2016 | 10 Years 4 Months | Current |
| Ruchika Goyal Also directs: Navaya Business LLP, Navaya Coworking Private Limited, Pitambara Sales Private Limited and 4 more | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
| Bhagwati Agarwal Also directs: Shivam Mansion Private Limited | Director | 22 Jan 2020 | 6 Years 9 Months | Current |
| Susheela Devi Agarwal Also directs: Agni Commodities Private Limited, Roshni Tie-Up Private Limited, Divya Vanijya Private Limited and 3 more | Director | 22 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Mangalshiv Projects Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SGS Fintech Private Limited | ₹3.92 Cr (FY 2025) | 28.0% | Delhi, India | |||
| Kutub Properties Private Limited | ₹3.91 Cr (FY 2025) | -41.0% | Kolkata, West Bengal, India | |||
| Mangalshiv Projects Private Limitedthis company | ₹3.9 Cr (FY 2024) | ₹1.88 Cr | 48.3% | 875.0% | Siliguri, West Bengal, India | |
| Rupa Investments Limited | ₹3.89 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mangalshiv Projects Private Limited, buy the company report.
Auditor
Mangalshiv Projects Private Limited is audited by M. K. K. AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. K. K. AGARWAL & ASSOCIATES | FY 2023 | 328816E |
Shareholding
The shareholding of Mangalshiv Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Mangalshiv Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2021 | 100520950 | Hdfc Bank Limited | ₹15.4 Cr | Open |
To see the full charge records of Mangalshiv Projects Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mangalshiv Projects Private Limited has 4 court cases on record: 3 filed by Mangalshiv Projects, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (AP-COM) | Filed by the company against Godrej Projects Development Ltd and Ors | Disposed |
| High Court | Court case (FMAT) | Filed against the company by Godrej Projects Development Ltd and Anr | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against Godrej Projects Development Limited and 2 Others and 2 others | Disposed |
To see the full case history of Mangalshiv Projects 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 Mangalshiv Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangalshiv Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICM3179K1ZW | West Bengal | Active | 11 Dec 2018 |
To see the full GST registrations and return filing status of Mangalshiv Projects Private Limited, buy the company report.
Recent activity
Mangalshiv Projects Private Limited has 15 board changes on record since 2013: 4 appointments and 11 cessations. The latest: Rajesh Kumar Goyal ceased to be Director on 25 Sep 2021.
8 earlier events are in the company report.
Frequently asked questions
Mangalshiv Projects is an active private limited company based in Siliguri, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 10 October 2012 (14+ years old) and is registered under CIN U45400WB2012PTC187050.
Mangalshiv Projects has 4 current directors:
- Hiralal Agarwal - Managing Director
- Ruchika Goyal - Director
- Bhagwati Agarwal - Director
- Susheela Devi Agarwal - Director
The latest financial statements of Mangalshiv Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangalshiv Projects is 19AAICM3179K1ZW, registered in West Bengal.
The CIN (Corporate Identification Number) of Mangalshiv Projects is U45400WB2012PTC187050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangalshiv Projects has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Mangalshiv Projects was incorporated on 10 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mangalshiv Projects by revenue are SGS Fintech Private Limited, Kutub Properties Private Limited, Rupa Investments Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Rajesh Kumar Goyal ceased to be Director on 25 Sep 2021. Ruchika Goyal was appointed as Director on 25 Sep 2021. Anshu Agarwal ceased to be Managing Director on 05 Mar 2020. Mangalshiv Projects has 15 board changes on record in total.
Yes, Mangalshiv Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-09-0003720).
The registered office of Mangalshiv Projects is at Near Ghora More Plot No.70 Saudangi, Siliguri, West Bengal, India – 735135.

