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.
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- Registered AddressPlot No.25 Dsiidc Shed Scheme – II Basement, Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryAgriculture, Agro Retail & Distribution
- 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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Financials of Manglam Apartments Ltd FY 2021 filings available
Manglam Apartments Ltd reported revenue of ₹28.98 Lakh (down 76% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Manglam Apartments Ltd
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 of Manglam Apartments Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Manglam Apartments Ltd
| 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 | |||||
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Manglam Apartments are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 Details of Manglam Apartments Ltd
Manglam Apartments Ltd is audited by AVDHESH BANSAL & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AVDHESH BANSAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Manglam Apartments Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Manglam Apartments Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2018 | Others | ₹100 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Manglam Apartments Ltd
Employment history and EPFO contributions of people linked to Manglam Apartments.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Manglam Apartments Ltd
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.
Recent Activity on Manglam Apartments Ltd
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Manglam Apartments Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Manglam Apartments Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Manglam Apartments Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Manglam Apartments Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Manglam Apartments Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Manglam Apartments Ltd
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 reported revenue of ₹28.98 Lakh for FY 2019 (down 76% YoY).
Manglam Apartments has 4 current directors:
- Naveen Agrawal - Director
- Nitin Agrawal - Director
- Ravi Gupta - Director
- Devvart Rana - Irp/Rp/Liquidator
Manglam Apartments reported a net loss of ₹56.41 Lakh (net margin -194.7%) and EBITDA of -₹85.31 Lakh (EBITDA margin -294.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manglam Apartments is -59% over three years and -61% over five years. In the latest year (FY 2019) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
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.