Fusion Minerals Private Limited

Produces and trades non-metallic mineral products, including felspar powder, soda, and potash.

2015 | Surendra Nagar, Gujarat (India) | Active
Last Updated: December 20, 2024

Fusion Minerals Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1.50 Cr
  • Satisfied Charges ₹ 4.85 Cr
  • Revenue Growth -88.24%
  • Profit Growth -1163.13%
  • Ebitda -90.18%
  • Net Worth -13.27%
  • Total Assets -2.15%

About Fusion Minerals

Fusion Minerals Private Limited (FMPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 February 2015 (Nine years and 11 months 8 days old ). Its registered office is in Surendra Nagar, Gujarat, India.

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 2019. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.25 Cr.

The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹4.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Milan Gami and Rameshbhai Gami serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26933GJ2015PTC082380

  • Company No.

    082380

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2015

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Milan Gami Country flag representing In Director 24-Feb-2015 Current
Rameshbhai Gami Country flag representing In Director 04-Jun-2015 Current

Financial Performance of Fusion Minerals.

Fusion Minerals Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 88.24% decrease. The company also saw a substantial fall in profitability, with a 1163.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.27%.

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
-88.24%
Revenue from Operations
-88.46%
Total Assets
-2.15%
Profit or Loss
-1163.13%
Net Worth
-13.27%
EBITDA
-90.18%

What is the Ownership and Shareholding Structure of Fusion Minerals?

In 2019, Fusion Minerals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.50 Cr

Satisfied Charges

₹4.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Dec 2018 Others ₹1.50 Cr Open
15 Oct 2015 Dena Bank ₹4.85 Cr Satisfied

How Many Employees Work at Fusion Minerals?

Fusion Minerals has a workforce of 4 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fusion 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 Fusion 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 Fusion Minerals

Recent activity within the organization

  • Annual General Meeting

    Fusion Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Fusion Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100227318 was registered on 26 Dec 2018.

    26 Dec 2018

  • Charges

    A charge registered on 15 Oct 2015 via Charge ID 10609311 with Dena Bank was fully satisfied on 17 Dec 2018.

    17 Dec 2018

  • Charges

    A charge with Dena Bank of Rs. 4.85 Cr registered on 15 Oct 2015 with Charge ID 10609311 was modified on 17 Oct 2015.

    17 Oct 2015

  • Charges

    A charge with Dena Bank amounted to Rs. 4.85 Cr with Charge ID 10609311 was registered on 15 Oct 2015.

    15 Oct 2015

Frequently asked questions

  • Fusion Minerals Private Limited was incorporated on 24 Feb 2015.

  • The authorized share capital of Fusion Minerals Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.

  • Currently 2 directors are associated with Fusion Minerals Private Limited.

    • Milan Rameshbhai Gami
    • Rameshbhai Arjanbhai Gami
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fusion Minerals Private Limited is Survey No. 83P1 Maliya-Halvad Highway Aniyari Chokdi, At- India, Morbi, Gujarat, 363330.

  • The corporate identification number (CIN) of Fusion Minerals Private Limited is U26933GJ2015PTC082380 and the company number is 082380 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Fusion Minerals Private Limited has fallen by -88.24%.

  • As Per 2019 financial reports, 4 employees are currently employed by Fusion Minerals Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Fusion Minerals Private Limited has experienced an downturn of -13.27%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Fusion Minerals Private Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Fusion Minerals Private Limited was filed with the ROC on 31 Mar 2019.

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