Mangolake Developers Private Limited

Mangolake Developers Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U70100KA2011PTC059271 Incorporated 23 June 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹76.53 Lakh
▼ 73% YoY
Net loss · FY 2024
₹41.5 Lakh
Net margin -54.2%
EBITDA · FY 2024
₹43.01 Lakh
EBITDA margin 56.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹26.94 Lakh
Satisfied ₹2.35 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Mangolake Developers Private Limited

Data last updated:

Mangolake Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 23 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2011PTC059271. Its GSTIN is 33AAHCM4054G1ZO (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Narayan Kaushik Hampapur and Shashank Gopal Vasuki.

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 is at No.604 3rd Stage 1st Block Basaveshwaranagar, Bangalore, Karnataka, India – 560079.

As per the financials filed for FY 2024, the company reported a revenue of ₹76.53 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹41.5 Lakh (net margin -54.2%) and EBITDA of ₹43.01 Lakh (EBITDA margin 56.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 23% over five years.

As per MCA filings, the company has open charges of ₹26.94 Lakh and satisfied charges of ₹2.35 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Mangolake Developers Private Limited
CIN U70100KA2011PTC059271
Registration Number 059271
Incorporation Date 23 June 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.604 3rd Stage 1st Block Basaveshwaranagar, Bangalore, Karnataka, India – 560079
  • Industry
    Manufacturing, Construction Materials
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Financials, compliance, directors, charges, ownership and filings for Mangolake Developers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mangolake Developers Private Limited

The main business activity of Mangolake Developers is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturing28Manufacture of machinery and equipment n.e.c.Locked
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Turnover share and past changes in activity are in the company report.

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Financials of Mangolake Developers Private Limited FY 2024 filings available

Mangolake Developers Private Limited reported revenue of ₹76.53 Lakh (down 73% YoY) for FY 2024.

Revenue · FY 2024
₹76.53 Lakh ▼ 73%
Net loss · FY 2024
₹41.5 Lakh margin -54.2%
EBITDA · FY 2024
₹43.01 Lakh margin 56.2%

Compounded Annual Growth Rate (CAGR) of Mangolake Developers Private Limited

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 23%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 74%
3 years · compounded
▲ 28%
5 years · compounded
▲ 4%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 73% fall in the latest year. EBITDA fell 74% 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 Mangolake Developers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹43.01 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹41.5 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 Mangolake Developers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin56.2%••••••••••••••••
Net Profit Margin-54.2%••••••••••••••••
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 Mangolake Developers are in the company report.

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Financial statements from 2015

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Peer Comparison of Mangolake Developers Private Limited

Mangolake Developers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products, Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sagesurfer Online Services Private Limited₹77.16 Lakh (FY 2025)••••••••14.0%••••Jaipur, Rajasthan, India
Zetatech Electro Private Limited₹77.15 Lakh (FY 2025)••••••••••••South Twenty Four Parganas, West Bengal, India
Laurel Energetics Private Limited₹77.14 Lakh (FY 2025)••••••••4753.0%••••New Delhi, Delhi, India
GSS Powerserve Private Limited₹77.07 Lakh (FY 2024)••••••••-27.0%••••Coimbatore, Tamil Nadu, India
Hempronics Systems Private Limited₹76.8 Lakh (FY 2025)••••••••-77.0%••••Mumbai, Maharashtra, India
Mangolake Developers Private Limited this company₹76.53 Lakh (FY 2024)••••••••-73.0%••••Bangalore, Karnataka, India
Poweraid (India) Private Limited₹76.33 Lakh (FY 2025)••••••••9.0%••••Pune, Maharashtra, India
Sunconnect Solar Private Limited₹75.91 Lakh (FY 2024)••••••••22.0%••••Mumbai, Maharashtra, India
Startek Electricals Private Limited₹75.89 Lakh (FY 2025)••••••••-56.0%••••Telangana, India
Volto Control Technologies OPC Private Limited₹75.83 Lakh (FY 2022)••••••••-22.0%••••Mohali, Punjab, India
Cosmos Industrial Systems Private Limited₹75.51 Lakh (FY 2020)••••••••-15.0%••••Belakavadi, Karnataka, India

Peers are the five companies nearest above and the five nearest below Mangolake Developers by revenue in the Manufacturing industry (Cement and Cement Products, Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Mangolake Developers Private Limited

Mangolake Developers Private Limited is audited by Amrutesh Durga & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
Amrutesh Durga & Co.LockedLockedLocked
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Board of Directors of Mangolake Developers Private Limited

Mangolake Developers has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Narayan Kaushik HampapurDirector23 Jun 201115 Years 3 MonthsCurrent
Shashank Gopal VasukiDirector23 Jun 201115 Years 3 MonthsCurrent
Manoj Siddarth VasukiDirector23 Jun 201115 Years 3 MonthsCurrent

Ownership and Shareholding of Mangolake Developers Private Limited

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Charges & Borrowings of Mangolake Developers Private Limited

Open charges
₹26.94 Lakh
Satisfied charges
₹2.35 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹0.27 Cr
Latest charge details
DateLenderAmountStatus
17 Jul 2023Hdfc Bank Limited₹14.89 LakhOpen
09 Feb 2022Hdfc Bank Limited₹12.05 LakhOpen
12 May 2014State Bank of India₹2.35 CrSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Mangolake Developers Private Limited

Employment history and EPFO contributions of people linked to Mangolake Developers.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Mangolake Developers Private Limited

Mangolake Developers Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Manoj Siddarth Vasuki was appointed as Director on 23 Jun 2011.

Charges
A charge registered on 12 May 2014 via Charge ID 10509780 with State Bank Of India was fully satisfied on 02 Aug 2025.
AGM
Mangolake Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mangolake Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100915700 was registered on 17 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100563265 was registered on 09 Feb 2022.
Charges
A charge with State Bank Of India of Rs. 2.35 Cr registered on 12 May 2014 with Charge ID 10509780 was modified on 07 Aug 2020.
Charges
A charge with State Bank Of India amounted to Rs. 2.35 Cr with Charge ID 10509780 was registered on 12 May 2014.
Appointed
Manoj Siddarth Vasuki was appointed as Director.
Appointed
Narayan Kaushik Hampapur was appointed as Director.
Appointed
Shashank Gopal Vasuki was appointed as Director.
Incorporation
23 Jun 2011
Mangolake Developers Private Limited was registered on 23 Jun 2011 with Roc Bangalore & aged 15 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Mangolake Developers Private Limited

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MSME Payment Delays by Mangolake Developers Private Limited

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Subsidiaries & Group Companies of Mangolake Developers Private Limited

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GST Compliance of Mangolake Developers Private Limited

Mangolake Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAHCM4054G1ZOTamil NaduActive01 Jul 2017
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MCA Filings & Documents of Mangolake Developers Private Limited

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Frequently Asked Questions about Mangolake Developers Private Limited

Mangolake Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 23 June 2011 (15+ years old) and is registered under CIN U70100KA2011PTC059271.

Mangolake Developers reported revenue of ₹76.53 Lakh for FY 2024 (down 73% YoY).

Mangolake Developers has 3 current directors:

Mangolake Developers reported a net loss of ₹41.5 Lakh (net margin -54.2%) and EBITDA of ₹43.01 Lakh (EBITDA margin 56.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mangolake Developers is -23% over three years and -23% over five years. In the latest year (FY 2024) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mangolake Developers is 33AAHCM4054G1ZO, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Mangolake Developers is U70100KA2011PTC059271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mangolake Developers has 2 court cases on record: 2 filed against it.

Mangolake Developers was incorporated on 23 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Mangolake Developers by revenue are Sagesurfer Online Services Private Limited, Zetatech Electro Private Limited, Laurel Energetics Private Limited, GSS Powerserve Private Limited, Hempronics Systems Private Limited and 5 more, all in the Manufacturing industry (Cement and Cement Products, Power Equipment Manufacturers).

Manoj Siddarth Vasuki was appointed as Director on 23 Jun 2011. Narayan Kaushik Hampapur was appointed as Director on 23 Jun 2011. Shashank Gopal Vasuki was appointed as Director on 23 Jun 2011.

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