Altrade Minerals Pvt Ltd

Trading iron-ore fines and investing in wind energy through installations in Tamil Nadu and Rajasthan.

2006 | Sundergarh, Odisha (India) | Active
Last Updated: February 07, 2025

Altrade Minerals Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 1.79 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 91.50 Cr
  • Satisfied Charges ₹ 17.02 Cr
  • Revenue Growth 336.62%
  • Profit Growth 1730.47%
  • Ebitda 132233.71%
  • Net Worth 5.63%
  • Total Assets 34.58%

About Altrade Minerals

Altrade Minerals Pvt Ltd (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 May 2006 and has a history of 18 years and nine months. Its registered office is in Sundergarh, Odisha, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 1.79 Cr.

The company currently has active open charges totaling ₹91.50 Cr. The company has closed loans amounting to ₹17.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anshuman Patnaik and Anurag Patnaik serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    altradegroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63011OR2006PTC008715

  • Company No.

    008715

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Environment
Metals and Minerals

Who are the key members and board of directors at Altrade Minerals?

Executive Team (1)

NameDesignationAppointment DateStatus
Anurag Patnaik Country flag representing In Managing Director20-Sep-2006Current

Board Members (1)

NameDesignationAppointment DateStatus
Anshuman Patnaik Country flag representing In Director 03-May-2006Current

Financial Performance of Altrade Minerals.

Altrade Minerals Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 336.62% increase. The company also saw a substantial improvement in profitability, with a 1730.47% increase in profit. The company's net worth moved up by a moderate rise of 5.63%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
336.62%
Revenue from Operations
343.10%
Total Assets
34.58%
Profit or Loss
1730.47%
Net Worth
5.63%
EBITDA
132233.71%

What is the Ownership and Shareholding Structure of Altrade Minerals?

In 2023, Altrade Minerals had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹91.50 Cr

Satisfied Charges

₹17.02 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 69.00 Cr
  • Bank Of Baroda : 22.50 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2023Axis Bank Limited₹44.00 CrOpen
27 Jan 2022Axis Bank Limited₹25.00 CrOpen
09 Jan 2008Bank Of Baroda₹22.50 CrOpen
29 Jun 2011Srei Equipment Finance Private Limited₹5.02 CrSatisfied
15 Jun 2011Srei Equipment Finance Private Limited₹12.00 CrSatisfied

How Many Employees Work at Altrade Minerals?

Unlock and access historical data on people associated with Altrade Minerals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altrade Minerals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Altrade Minerals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Altrade Minerals

Recent activity within the organization

  • Annual General Meeting

    Altrade Minerals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 44.00 Cr registered on 01 Jul 2023 with Charge ID 100742166 was modified on 03 Jul 2023.

    03 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 44.00 Cr with Charge ID 100742166 was registered on 01 Jul 2023.

    01 Jul 2023

  • Balance Sheet

    Altrade Minerals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100543514 was registered on 27 Jan 2022.

    27 Jan 2022

  • Charges

    A charge registered on 29 Jun 2011 via Charge ID 10293662 with Srei Equipment Finance Private Limited was fully satisfied on 07 Jul 2015.

    07 Jul 2015

Frequently asked questions

  • Altrade Minerals Pvt Ltd was incorporated on 03 May 2006.

  • The authorized share capital of Altrade Minerals Pvt Ltd is ₹ 25.00 Cr and paid-up capital is ₹ 1.79 Cr.

  • Currently 2 directors are associated with Altrade Minerals Pvt Ltd.

    • Anshuman Patnaik
    • Anurag Patnaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altrade Minerals Pvt Ltd is A 6 Commercial Estatecivil Township India, Rourkela, Orissa, 769004.

  • The corporate identification number (CIN) of Altrade Minerals Pvt Ltd is U63011OR2006PTC008715 and the company number is 008715 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altrade Minerals Pvt Ltd is https://www.altradegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altrade Minerals Pvt Ltd has risen by 336.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altrade Minerals Pvt Ltd has experienced an upsurge of 5.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Altrade Minerals Pvt Ltd amount to ₹ 91.50 Cr.

  • The most recent Balance Sheet for Altrade Minerals Pvt Ltd was filed with the ROC on 31 Mar 2023.

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