About Meghraj Jain

Mr Meghraj Jain belongs from Shishoda, Rajasthan. Speaking of his early life, He studied in his village till his 7th standard and then shifted to Mumbai for further studies. He truly respects his village’s culture and teaching and is very proud to be a part of Maharana Pratap’s village – Shishoda. He likes the selflessness of the people of his village and that is why seeks to visit it at least once a year. In Mumbai, he started at Kurla- with his father Sohanlal Jain Dhakad in his family business where he also found his community. He always had a mindset to “Keep Moving on to better things and achieve something in life”. He believes, that if you want to grow big you HAVE to cross your comfort zone. Later in 1992, he associated with his paternal uncle in Vile Parle until 2000. Later he got hold of Mangal Royal Jewellers and became more focused on success. His goal was to expand his business into the wholesale market. And hence he started his wholesale business in “Jhaveri Bazaar, Mumbai” in the year 2001. Today, he holds a few firms in the wholesale market wiz. Shree Mangal Jewels, Ratna Mangal Jewels Pvt. Ltd., Mangal Abhushan, & Swarna Bhavya Pvt. Ltd respectively. Back then, he found out about Italian Gold Jewellery. He wanted to explore more about it, hence left for Dubai along with his partner to visit Gold Souk – The biggest market in Dubai. His luck walked parallel to him and attained success in every business he ever stepped into. After attaining success in jewellery, he thought of stepping into a PAN India level. He then took over a NBFC Company Tak Machinery and changed its name to Mangal Credit and Fincorp Limited in 2013. It was a BSE listed company, and its promoter suggested creating multiple verticals of Mangal.

When he Started


MCFL just entered into a gold loan and its primary goal is to reach people of every class and society.


This particular company is into renting computers, laptops, printers and other IT products required in offices.


Their speciality is they take up majorly stalled projects. Have attained 7OCs in 7 years and it is an achievement considering the competition in Mumbai.


Mangal Entertainment is into event management of corporate events, live shows, Navratri shows, etc


Mangal Finserv Limited is engaged in the business of providing home Loan, Personal Loan, Business Loan, Loan Against Property, Loan Against Shares, Construction Finance, Gold Loan, Diamond loan, Fixed Deposit, Real Estate, etc

News Coverage

NBFCs Chart New Growth With Increasing Gold & Diamond Loans, In conversation with Mr. Meghraj Jain, MD of Mangal Credit and Fincorp Ltd

Mangal Credit and Fincorp Ltd. announces F.Y. 2020-21 financial results with a 29 percent growth in AUM

हमारे खास कार्यक्रम Samvad में मिलिए Meghraj Dhakad से और जानिए उनकी पूरी कहानी।