Mangalam Global Enterprise
MGEL · Agriculture > Agriculture · Chairman: Vipin Prakash Mangal Listing date: Nov. 27, 2019 · Employees: 113 · Ahmedabad · http://www.groupmangalam.com

The Company was originally incorporated as ‘Hindprakash Colourchem Private Limited’ as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated September 27, 2010, issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Further, the name of the company was changed to ‘Mangalam Global Enterprise Private Limited’ to signify the change in Company’s operations, pursuant to shareholders resolution passed at Extra-Ordinary General Meeting of the company held on June 28, 2014 vide a fresh Certificate of Incorporation dated July 31, 2014 issued by Registrar of Companies, Ahmedabad. Subsequently, the Company was converted into a Public Limited Company pursuant to a special resolution passed by the shareholders at Extra-Ordinary General Meeting of the Company held September 17, 2019 consequent to which the name of the Company was changed to ‘Mangalam Global Enterprise Limited’ vide a fresh Certificate of Incorporation dated September 30, 2019 issued by the Registrar of Companies, Ahmedabad.

Business area of the Company:

Mangalam Global Enterprise was set up by Ahmedabad based Mangalam group. It is mainly engaged in the business of manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and international markets. Apart from this, it also manufactures Delineate Cotton Seeds and Cotton Bales (Lint Cotton). Mangalam Global also involved in the trading business of Raw Cotton and Castor Seeds.

Major Events and milestones:

  • 2010: Incorporation of Company.
  • 2014: Pursuant to change of object of the company the name of the company was changed from ‘Hindprakash Colourchem Private Limited’ to ‘Mangalam Global Enterprise Private Limited’.
  • 2018: Set up of manufacturing facility at Harij-Unit 2.
  • 2018: Established Holding Subsidiary relationship with ‘Farpoint Enterprise LLP’.
  • 2019: Revenue crossed Rs 300 crores.
  • 2019: Established Holding Subsidiary relationship with ‘Hindprakash Castor Derivatives Private Limited’.
  • 2019: Incorporation of Mangal Prakash (Singapore) PTE Limited, Subsidiary Company in Singapore.
  • 2019: Conversion of company into Public Limited company.
  • 2019: Set up of manufacturing facility at Palanpur-Unit 3.