Manglam Apartments Ltd
About Manglam Apartments Ltd
Data last updated:
Manglam Apartments Ltd is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 05 February 1985.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45202DL1985PLC020056.
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Naveen Agrawal and Nitin Agrawal.
Its last annual general meeting (AGM) was held on 29 March 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No.25 Dsiidc Shed Scheme – II Basement, Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2019, the company reported a revenue of ₹28.98 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹56.41 Lakh (net margin -194.7%) and EBITDA of -₹85.31 Lakh (EBITDA margin -294.4%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹100 Cr on record.
Company details
Contact details
Manglam Apartments Ltd's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.25 Dsiidc Shed Scheme – II Basement, Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Manglam Apartments Ltd, 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 Manglam Apartments Ltd
FY 2021 filings availableManglam Apartments Ltd reported revenue of ₹28.98 Lakh (down 76% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 76% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.98 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹85.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.41 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -294.4% | ||||
| Net Profit Margin | -194.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Manglam Apartments Ltd, buy the company report.
Board of directors of Manglam Apartments Ltd
Manglam Apartments has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Agrawal Also directs: Alstrong International LLP, Worlds Window Agro Private Limited, Alubond Acp Manufacturing India Private Limited and 5 more | Director | 01 Oct 2018 | 8 Years 0 Months | As last reported |
| Nitin Agrawal Also directs: Alstrong International LLP, Worlds Window Urja Private Limited | Director | 10 Sep 2019 | 7 Years 1 Months | As last reported |
| Devvart Rana Also directs: Potential Housing LLP, Potential Land & Housing Private Limited | Irp/Rp/Liquidator | 11 Sep 2024 | 2 Years 1 Months | As last reported |
| Ravi Gupta Also directs: Vedansh Builders Private Limited, Loni Builders Private Limited, Draveen Trading Private Limited and 1 more | Director | 13 Jan 2012 | 14 Years 9 Months | As last reported |
Auditor
Manglam Apartments Ltd is audited by AVDHESH BANSAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVDHESH BANSAL & CO | FY 2018 | 023689N |
Shareholding
The shareholding of Manglam Apartments Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Manglam Apartments Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2018 | 100189417 | Others | ₹100 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Manglam Apartments Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Manglam Apartments Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Manglam Apartments has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Manglam Apartments Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Manglam Apartments Ltd has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Devvart Rana was appointed as Irp/Rp/Liquidator on 11 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Manglam Apartments is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Manglam Apartments is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 05 February 1985 and is registered under CIN U45202DL1985PLC020056. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Manglam Apartments has 4 current directors:
- Naveen Agrawal - Director
- Nitin Agrawal - Director
- Ravi Gupta - Director
- Devvart Rana - Irp/Rp/Liquidator
The latest financial statements of Manglam Apartments on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 March 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Manglam Apartments is U45202DL1985PLC020056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manglam Apartments has open charges of ₹100 Cr and no satisfied charges on record as per latest MCA filings.
Manglam Apartments was incorporated on 05 February 1985. It is registered with the Registrar of Companies, Delhi.
Devvart Rana was appointed as Irp/Rp/Liquidator on 11 Sep 2024. Naveen Agrawal ceased to be Additional Director on 28 Sep 2019. Nitin Agrawal ceased to be Additional Director on 28 Sep 2019. Manglam Apartments has 12 board changes on record in total.
The registered office of Manglam Apartments is at Plot No.25 Dsiidc Shed Scheme – II Basement, Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
Manglam Apartments operates in the agriculture industry, in the agro retail and distribution segment.