Gujarat Credo Mineral Industries Limited

Joint venture providing value-added services for bauxite, including dry beneficiation and zeolite production.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 17, 2024

Gujarat Credo Mineral Industries Profile

Key Indicators

  • Authorised Capital ₹ 19.00 Cr
  • Paid Up Capital ₹ 19.00 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.82 Cr
  • Satisfied Charges ₹ 112.12 Cr
  • Revenue Growth 19.38%
  • Profit Growth 335.76%
  • Ebitda 20.07%
  • Net Worth 3.31%
  • Total Assets -4.14%

About Gujarat Credo Mineral Industries

Gujarat Credo Mineral Industries Limited (GCMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 March 2012 and has a history of 12 years and ten months. Its registered office is in Ahmedabad, 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 2023. It's a company limited by shares with an authorized capital of Rs 19.00 Cr and a paid-up capital of Rs 19.00 Cr.

The company currently has active open charges totaling ₹40.82 Cr. The company has closed loans amounting to ₹112.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Credo Mineral Industries Limited India are Shailika Soni as COMPANY SECRETARY and Krunal Shah as Cfo. Sanjay Kothari, Rajat Dash, Lavanya Kulshrestha, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26900GJ2012PLC069426

  • Company No.

    069426

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2012

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Gujarat Credo Mineral Industries Limited offer?

Gujarat Credo Mineral Industries Limited offers a wide range of products and services, including Stock Trading/Money Market, Share Trading Services, Commodities Trading Service.

Who are the key members and board of directors at Gujarat Credo Mineral Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Shailika Soni Country flag representing In Company Secretary01-Mar-2020Current
Krunal Shah Country flag representing In CFO01-Feb-2018Current
Rakesh Shah Country flag representing In Managing Director15-Mar-2012Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjay Kothari Country flag representing In Director 19-Jun-2017Current
Rajat Dash Country flag representing In Additional Director Current
Lavanya Kulshrestha Country flag representing In Additional Director Current
Anand Patel Country flag representing In Director 01-Mar-2018Current

Financial Performance of Gujarat Credo Mineral Industries.

Gujarat Credo Mineral Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.38% increase. The company also saw a substantial improvement in profitability, with a 335.76% increase in profit. The company's net worth moved up by a moderate rise of 3.31%.

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
19.38%
Revenue from Operations
18.14%
Total Assets
-4.14%
Profit or Loss
335.76%
Net Worth
3.31%
EBITDA
20.07%

What is the Ownership and Shareholding Structure of Gujarat Credo Mineral Industries?

In 2023, Gujarat Credo Mineral Industries had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.82 Cr

Satisfied Charges

₹112.12 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.82 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2023Hdfc Bank Limited₹40.82 CrOpen
25 Mar 2021Tata Capital Financial Services Limited₹2.50 CrSatisfied
20 Feb 2021State Bank Of India₹2.62 CrSatisfied
29 Jan 2020Tata Capital Financial Services Limited₹10.00 CrSatisfied
21 Apr 2017Tata Capital Financial Services Limited₹13.00 CrSatisfied

How Many Employees Work at Gujarat Credo Mineral Industries?

Gujarat Credo Mineral Industries has a workforce of 72 employees as of Mar 28, 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 Gujarat Credo Mineral Industries, 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 Gujarat Credo Mineral Industries'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 Gujarat Credo Mineral Industries

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.82 Cr registered on 17 Jan 2023 with Charge ID 100672895 was modified on 06 Oct 2023.

    06 Oct 2023

  • Annual General Meeting

    Gujarat Credo Mineral Industries Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

    25 Aug 2023

  • Charges

    A charge registered on 29 Mar 2013 via Charge ID 10426914 with Others was fully satisfied on 03 Jul 2023.

    03 Jul 2023

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100437913 with Tata Capital Financial Services Limited was fully satisfied on 22 May 2023.

    22 May 2023

  • Charges

    A charge registered on 29 Jan 2020 via Charge ID 100320768 with Tata Capital Financial Services Limited was fully satisfied on 22 May 2023.

    22 May 2023

  • Charges

    A charge registered on 21 Apr 2017 via Charge ID 100099283 with Tata Capital Financial Services Limited was fully satisfied on 22 May 2023.

    22 May 2023

Frequently asked questions

  • Gujarat Credo Mineral Industries Limited was incorporated on 15 Mar 2012.

  • The authorized share capital of Gujarat Credo Mineral Industries Limited is ₹ 19.00 Cr and paid-up capital is ₹ 19.00 Cr.

  • Currently 7 directors are associated with Gujarat Credo Mineral Industries Limited.

    • Sanjay Manilal Kothari
    • Shailika Vikas Soni
    • Krunal Rasiklal Shah
    • Rajat Kumar Dash
    • Lavanya Kulshrestha
    • Rakesh Sukhraj Shah
    • Anand Anilbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Credo Mineral Industries Limited is 305 Third Floor Third Eye One Opp. Honest Restaurant Near Panchvati Five Roads C, . G. Road, Ahmedabad, Gujarat, India, 380006.

  • The corporate identification number (CIN) of Gujarat Credo Mineral Industries Limited is U26900GJ2012PLC069426 and the company number is 069426 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gujarat Credo Mineral Industries Limited is https://www.gcmil.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gujarat Credo Mineral Industries Limited has risen by 19.38%.

  • As Per 2023 financial reports, 72 employees are currently employed by Gujarat Credo Mineral Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gujarat Credo Mineral Industries Limited has experienced an upsurge of 3.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gujarat Credo Mineral Industries Limited amount to ₹ 40.82 Cr.

  • The most recent Balance Sheet for Gujarat Credo Mineral Industries Limited was filed with the ROC on 31 Mar 2023.

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