Essar Minmet Limited logo

Essar Minmet Limited

Manufactures and trades steel, steel-related products, and iron ore fines.
2016 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 18, 2024
HomeCompanyEssar Minmet Limited

Who are the key members and board of directors at Essar Minmet?

Executive Team (2)

NameDesignationAppointment DateStatus
Sashi Mohanty InManaging Director23-Sep-2022Current
Ketan Kantibhai InCFO19-Jul-2023Current

Board Members(2)

NameDesignationAppointment DateStatus
Ayyalasomayajula Prasad In Whole-Time Director 07-Sep-2023Current
Ashok Mangotra In Director 12-Jul-2023Current

Financial Performance and Corporate Structure Insights of Essar Minmet.

Essar Minmet Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.29% increase. The company also saw a substantial improvement in profitability, with a 10.4% increase in profit. The company's net worth Soared by an impressive increase of 329.34%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.29%
Revenue from Operations
Total Assets
70.78%
Profit or Loss
10.40%
Net Worth
329.34%
EBITDA
9.99%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹12.05 Cr

LenderAmountStatus

Others

Creation Date: 10 Jul 2023
₹0.50 MOpen

Others

Creation Date: 06 Apr 2023
₹11.52 CrOpen

Others

Creation Date: 06 Apr 2023
₹4.80 MOpen

How Many Employees Work at Essar Minmet?

Essar Minmet has a workforce of 20 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Essar Minmet

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 0.48 Cr registered on 06 Apr 2023 with Charge ID 100710666 was modified on 05 Apr 2024.

    05 Apr 2024

  • Annual General Meeting

    Essar Minmet Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Ayyalasomayajula Srinivasa Prasad was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Sep 2023 & has been associated with this company since 1 year 3 months .

    07 Sep 2023

  • Director Appointment

    Ketan Shah Kantibhai was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Sep 2023 & has been associated with this company since 1 year 3 months .

    07 Sep 2023

  • Director Appointment

    Ketan Shah Kantibhai was appointed as a Cfo was appointed as a Cfo on 19 Jul 2023 & has been associated with this company since 1 year 5 months .

    19 Jul 2023

  • Director Appointment

    Ashok Kumar Mangotra was appointed as a Director was appointed as a Director on 12 Jul 2023 & has been associated with this company since 1 year 5 months .

    12 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Essar Minmet Limited was incorporated on 15 Feb 2016.

  • The authorized share capital of Essar Minmet Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 5 directors are associated with Essar Minmet Limited.

    • Ketan Shah Kantibhai
    • Ayyalasomayajula Srinivasa Prasad
    • Sashi Shekhar Mohanty
    • Ketan Shah Kantibhai
    • Ashok Kumar Mangotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Essar Minmet Limited is Essar House 11 K K Marg Mahalaxmi Mumbai, Maharashtra, India, 400034.

  • The corporate identification number (CIN) of Essar Minmet Limited is U27100MH2016PLC355097 and the company number is 086090 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essar Minmet Limited is https://www.essar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Essar Minmet Limited has risen by 15.29%.

  • As Per 2023 financial reports, 20 employees are currently employed by Essar Minmet Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Essar Minmet Limited has experienced an upsurge of 329.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Essar Minmet Limited amount to ₹ 12.05 Cr.

  • The most recent Balance Sheet for Essar Minmet Limited was filed with the ROC on 31 Mar 2023.

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