Mark Bangles Private Limited

Mark Bangles Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2010PTC203088 Incorporated 12 May 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods
Data last updated
Revenue · FY 2023
₹6.86 Cr
Latest filing
Net profit · FY 2023
₹3.06 Lakh
Net margin 0.4%
EBITDA · FY 2023
₹33.82 Lakh
EBITDA margin 4.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹1.1 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
74
Provident fund records

About Mark Bangles Private Limited

Data last updated:

Mark Bangles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 12 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2010PTC203088. Its GSTIN is 27AAGCM5646M1ZX (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16 Lakh. It was formerly known as Mark Investment Advisors Private Limited. It is led by directors Mukesh Javerchand Mehta and Dinesh Javerchand Mehta.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 324 Swastik Disa Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹6.86 Cr. For the same year it recorded a net profit of ₹3.06 Lakh (net margin 0.4%) and EBITDA of ₹33.82 Lakh (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 43% over five years.

The company has about 74 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹1.1 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website markbangles.com.

Company Details of Mark Bangles Private Limited
CIN U74999MH2010PTC203088
Registration Number 203088
Incorporation Date 12 May 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    324 Swastik Disa Corporate Park 3rd Floor Kohinoor Printing Works Compound Lbs Marg Ghatkop, Ar(West), Mumbai, Maharashtra, India – 400086
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Mark Bangles Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mark Bangles Private Limited

The main business activity of Mark Bangles is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Mark Bangles Private Limited FY 2023 filings available

Mark Bangles Private Limited reported revenue of ₹6.86 Cr for FY 2023.

Revenue · FY 2023
₹6.86 Cr
Net profit · FY 2023
₹3.06 Lakh margin 0.4%
EBITDA · FY 2023
₹33.82 Lakh margin 4.9%

Compounded Annual Growth Rate (CAGR) of Mark Bangles Private Limited

Revenue CAGR growth
5 years · compounded
▼ 43%
EBITDA CAGR growth
3 years · compounded
▲ 75%
5 years · compounded
▼ 39%

Revenue has declined at a compounded annual rate (CAGR) of 43% over five years. 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 Mark Bangles Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹33.82 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹3.06 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 Mark Bangles Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin4.9%••••••••••••••••
Net Profit Margin0.4%••••••••••••••••
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 Mark Bangles are in the company report.

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Financial statements from 2015

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Peer Comparison of Mark Bangles Private Limited

Mark Bangles Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bombay Jewellery Private Limited₹6.91 Cr (FY 2025)••••••••-37.0%••••Mumbai, Maharashtra, India
Jaydayal Biswanath Rajgaria Jewelers Private Limited₹6.9 Cr (FY 2025)••••••••11.0%••••Purulia, West Bengal, India
Star Brillian Pvt Ltd₹6.89 Cr (FY 2024)••••••••21.0%••••Mumbai, Maharashtra, India
Prime Roughstone Private Limited₹6.88 Cr (FY 2025)••••••••16.0%••••Jaipur, Rajasthan, India
Plucdiam India Private Limited₹6.86 Cr (FY 2025)••••••••-15.0%••••Mumbai, Maharashtra, India
Mark Bangles Private Limited this company₹6.86 Cr (FY 2023)••••••••••••Mumbai, Maharashtra, India
RMM Jewellers Private Limited₹6.85 Cr (FY 2023)••••••••13.0%••••Rayakottai, Tamil Nadu, India
Madhuban Gold Private Limited₹6.85 Cr (FY 2025)••••••••-54.0%••••Kolkata, West Bengal, India
B K Jewellery House Private Limited₹6.85 Cr (FY 2025)••••••••554.0%••••New Delhi, Delhi, India
Mahira Jewels Private Limited₹6.84 Cr (FY 2025)••••••••37.0%••••Jaipur, Rajasthan, India
Jayanti Prasad Jeevan Lal Jain Sarraf Private Limited₹6.81 Cr (FY 2025)••••••••-53.0%••••Meerut, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Mark Bangles by revenue in the Consumer Products industry (Watches and Jewellery 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 Mark Bangles Private Limited

Mark Bangles Private Limited is audited by RAHUL M SHAH & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
RAHUL M SHAH & ASSOCIATESLockedLockedLocked
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Board of Directors of Mark Bangles Private Limited

Mark Bangles has 2 directors on record. No former directors are listed.

Current Directors

Ownership and Shareholding of Mark Bangles Private Limited

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Charges & Borrowings of Mark Bangles Private Limited

Open charges
₹18 Cr
Satisfied charges
₹1.1 Cr
Breakdown by lending institutions
Others₹18.00 Cr
Latest charge details
DateLenderAmountStatus
15 Jul 2011Others₹17 CrOpen
15 Jul 2011Others₹1 CrOpen
18 Feb 2013Apna Sahakari Bank Ltd.₹1.1 CrSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Mark Bangles Private Limited

Mark Bangles Private Limited has a workforce of 74 employees as of Apr 08, 2024.

Employee count
74
Active EPFO establishments
1
Employee growth
124.24%
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Employee and EPFO history

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

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CIN History of Mark Bangles Private Limited

Mark Bangles has one previous CIN (Corporate Identification Number): U65923MH2010PTC203088. The current CIN is U74999MH2010PTC203088, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999MH2010PTC203088Current
U65923MH2010PTC203088Previous

Recent Activity on Mark Bangles Private Limited

Mark Bangles Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Dinesh Javerchand Mehta was appointed as Director on 12 May 2010.

AGM
Mark Bangles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 18 Feb 2013 via Charge ID 10407032 with Apna Sahakari Bank Ltd. was fully satisfied on 05 Sep 2023.
Charges
A charge with Others of Rs. 1,700.00 Lakh registered on 15 Jul 2011 with Charge ID 10300014 was modified on 30 Aug 2023.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 15 Jul 2011 with Charge ID 10300016 was modified on 30 Aug 2023.
Filing
Mark Bangles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Charges
A charge with Apna Sahakari Bank Ltd. amounted to Rs. 110.00 Lakh with Charge ID 10407032 was registered on 18 Feb 2013.
Charges
A charge with Apna Sahakari Bank Ltd. of Rs. 110.00 Lakh registered on 18 Feb 2013 with Charge ID 10407032 was modified on 18 Feb 2013.
Charges
A charge with Others amounted to Rs. 1,700.00 Lakh with Charge ID 10300014 was registered on 15 Jul 2011.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 10300016 was registered on 15 Jul 2011.
Appointed
Dinesh Javerchand Mehta was appointed as Director.
Appointed
Mukesh Javerchand Mehta was appointed as Director.
Incorporation
12 May 2010
Mark Bangles Private Limited was registered on 12 May 2010 with Roc Mumbai I & aged 16 years 5 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Mark Bangles Private Limited

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MSME Payment Delays by Mark Bangles Private Limited

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Subsidiaries & Group Companies of Mark Bangles Private Limited

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GST Compliance of Mark Bangles Private Limited

Mark Bangles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCM5646M1ZXMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Mark Bangles Private Limited

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Frequently Asked Questions about Mark Bangles Private Limited

Mark Bangles is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 12 May 2010 (16+ years old) and is registered under CIN U74999MH2010PTC203088.

Mark Bangles reported revenue of ₹6.86 Cr for FY 2023.

Mark Bangles has 2 current directors:

Mark Bangles reported a net profit of ₹3.06 Lakh (net margin 0.4%) and EBITDA of ₹33.82 Lakh (EBITDA margin 4.9%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mark Bangles is -43% over five years. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mark Bangles is 27AAGCM5646M1ZX, registered in Maharashtra.

The CIN (Corporate Identification Number) of Mark Bangles is U74999MH2010PTC203088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mark Bangles has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.

Mark Bangles was incorporated on 12 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Mark Bangles by revenue are Bombay Jewellery Private Limited, Jaydayal Biswanath Rajgaria Jewelers Private Limited, Star Brillian Pvt Ltd, Prime Roughstone Private Limited, Plucdiam India Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).

Dinesh Javerchand Mehta was appointed as Director on 12 May 2010. Mukesh Javerchand Mehta was appointed as Director on 12 May 2010.

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