Essar Minmet Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 9 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.05 Cr
- Revenue Growth 15.29%
- Profit Growth 10.40%
- Ebitda 9.99%
- Net Worth 329.34%
- Total Assets 70.78%
About Essar Minmet
Essar Minmet Limited (EML) is a Public Limited Indian Non-Government Company incorporated in India on 15 February 2016 (Nine years and two months 12 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Hazira Steel Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹12.05 Cr.
The Key Managerial Personnel (KMP) at Essar Minmet Limited India is Ketan Kantibhai as CFO. Sashi Mohanty, Ayyalasomayajula Prasad, Ketan Kantibhai, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100MH2016PLC355097
- Company No.
086090
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Feb 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Essar Minmet Limited
Explore comprehensive data for Essar Minmet Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Essar Minmet?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sashi Mohanty  | Managing Director | 23-Sep-2022 | Current |
| Ketan Kantibhai | CFO | 19-Jul-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ayyalasomayajula Prasad | Whole-Time Director | 07-Sep-2023 | Current |
| Ashok Mangotra | Director | 12-Jul-2023 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Essar Minmet?
In 2023, Essar Minmet 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.
Related Corporates (Common Directorship)
Essar Minmet India LimitedAyyalasomayajula Prasad and Ketan Kantibhai are mutual person
- Essar Steel Limited
Ketan Kantibhai is a mutual person
Charges (Loans)
Open Charges
₹12.05 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 12.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2023 | Others | ₹0.50 M | Open |
| 06 Apr 2023 | Others | ₹11.52 Cr | Open |
| 06 Apr 2023 | Others | ₹4.80 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Essar Minmet, 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 Essar Minmet's trajectory.
Rating
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
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 Essar Minmet
Recent activity within the organization
- Charges
A charge with Others of Rs. 11.52 Cr registered on 06 Apr 2023 with Charge ID 100709949 was modified on 31 Dec 2024.
- Annual General Meeting
Essar Minmet Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- 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.
- Balance Sheet
Essar Minmet Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 7 months .
- 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 7 months .
Recent News, Updates & Announcement
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- Private Indian Firms Look to Build 10 GW of Coal Power Capacity.
Major Indian power firms are vying to install at least 10 gigawatts of coal-fired capacity over the next decade..
- Essar Group to Produce 1 Gigawatt of Green Hydrogen in Jamnagar, Gujarat: Prashant Ruia Announces #GreenGoals and #BigPlans for Jamnagar Hydrogen Project.
Essar Group: We're gonna make 1 gigawatt of green hydrogen in Jamnagar, Gujarat. Prashant Ruia said so. #GreenGoals #BigPlans #JamnagarHydrogenProject.
Frequently asked questions
What is the Incorporation or founding date of Essar Minmet Limited?
Essar Minmet Limited was incorporated on 15 Feb 2016.
What is authorized share capital and paid-up capital of Essar Minmet Limited?
The authorized share capital of Essar Minmet Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Essar Minmet Limited?
Currently 5 directors are associated with Essar Minmet Limited.
- Sashi Shekhar Mohanty
- Ketan Shah Kantibhai
- Ayyalasomayajula Srinivasa Prasad
- Ketan Shah Kantibhai
- Ashok Kumar Mangotra
What is the registered address of Essar Minmet Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Essar Minmet Limited is Essar House 11 K Marg, Mahalaxmi India, Mumbai, Maharashtra, 400034.
What is the corporate identification number (CIN) and company number of Essar Minmet Limited?
The corporate identification number (CIN) of Essar Minmet Limited is U27100MH2016PLC355097 and the company number is 086090 as per Ministry of Corporate Affairs (MCA).
What is the official website of Essar Minmet Limited?
The Official website of Essar Minmet Limited is https://www.essar.com
What has been the recent revenue trend for Essar Minmet Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Essar Minmet Limited has risen by 15.29%.
How many employees does Essar Minmet Limited currently have?
As Per 2023 financial reports, 20 employees are currently employed by Essar Minmet Limited.
What change has been observed in the net worth of Essar Minmet Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Essar Minmet Limited has experienced an upsurge of 329.34%.
What are the total open charges for Essar Minmet Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Essar Minmet Limited amount to ₹ 12.05 Cr.
When was the last Balance Sheet of Essar Minmet Limited filed with the ROC?
The most recent Balance Sheet for Essar Minmet Limited was filed with the ROC on 31 Mar 2024.
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