- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0000121

About Square Mango Innovations Private Limited
Data last updated:
Square Mango Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 16 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC237961. Its GSTIN is 27AASCS2788J1ZG (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Jugal Jayant Mistry and Chandani Jayant Mistry.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.74 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Lakh (net margin 0.6%) and EBITDA of ₹20.19 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 31% over five years.
The company is associated with 1 brand: Bombay Trooper. As per MCA filings, the company has open charges of ₹37.5 Lakh on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 7 cases are pending.
Square Mango Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0000121). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bombaytrooper.com.
Company details
Recognitions & Rankings of Square Mango Innovations
Contact details
Square Mango Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is bombaytrooper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.27/192 Ground Floor Kuldeep Housing Society Dattapada Rd Rajendra Nagar B, Orivali – E, Mumbai, Maharashtra, India – 400066
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Square Mango Innovations 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
Brands
Square Mango Innovations operates one associated brand: Bombay Trooper. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable fashion brand designing eco-friendly apparel and gear for travelers and adventurers. | bombaytrooper.com |
Business activity
The main business activity of Square Mango Innovations is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Square Mango Innovations Private Limited, buy the company report.
Financials of Square Mango Innovations Private Limited
FY 2024 filings availableSquare Mango Innovations Private Limited reported revenue of ₹5.74 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 57% 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 |
|---|---|---|---|---|---|
| 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 | ₹20.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.63 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Square Mango Innovations Private Limited, buy the company report.
Board of directors of Square Mango Innovations Private Limited
Square Mango Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugal Jayant Mistry Also directs: Ovalabs Ventures LLP, Mox and Fabry LLP | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Chandani Jayant Mistry | Director | 14 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Square Mango Innovations Private Limited is audited by S.S. KAMAT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. KAMAT & ASSOCIATES | FY 2023 | 111467 |
Shareholding
The shareholding of Square Mango Innovations 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Square Mango Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2015 | 10611294 | Abhyudaya Co-Operative Bank Limited | ₹7.5 Lakh | Open | |
| 09 Nov 2015 | 10611298 | Abhyudaya Co-Operative Bank Limited | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Square Mango Innovations Private Limited has 8 court cases on record: 1 filed by Square Mango Innovations, 7 filed against it. 7 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 7 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Mahindra and Mahindra Financial Services Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Clix Capital Services Pvt. Ltd. | Pending |
| Calcutta High Court | Court case (AP-COM) | Filed by the company against Ugro Capital Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Aditya Birla Capital Limited | Pending |
To see the full case history of Square Mango Innovations 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 Square Mango Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Square Mango Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS2788J1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Square Mango Innovations Private Limited, buy the company report.
Recent activity
Square Mango Innovations Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Umakant Tewari ceased to be Director on 25 Oct 2023.
Frequently asked questions
Square Mango Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 16 November 2012 (14+ years old) and is registered under CIN U74900MH2012PTC237961.
Square Mango Innovations has 2 current directors:
- Jugal Jayant Mistry - Director
- Chandani Jayant Mistry - Director
The latest financial statements of Square Mango Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Square Mango Innovations is 27AASCS2788J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Square Mango Innovations is U74900MH2012PTC237961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Square Mango Innovations has 8 court cases on record: 1 filed by the company and 7 filed against it. 7 are pending. Most are in the district courts.
Square Mango Innovations was incorporated on 16 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Umakant Tewari ceased to be Director on 25 Oct 2023. Chandani Jayant Mistry was appointed as Director on 14 Jan 2015. Jayant Mulchand Mistry ceased to be Additional Director on 14 Jan 2015. Square Mango Innovations has 5 board changes on record in total.
Yes, Square Mango Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0000121).
Square Mango Innovations can be reached through the website bombaytrooper.com. Its registered office is in Mumbai, Maharashtra, India.

