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:

Gujarat Credo Mineral Industries Profile

Key Indicators

  • Authorised Capital ₹ 19.00 Cr
  • Paid Up Capital ₹ 19.00 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 11 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 2024. 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. Anand Patel, Sanjay Kothari, Rakesh Shah, and Three 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

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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
Rakesh Shah Country flag representing In Managing Director15-Mar-2012Current
Krunal Shah Country flag representing In CFO01-Feb-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Anand Patel Country flag representing In Director 01-Mar-2018Current
Sanjay Kothari Country flag representing In Director 19-Jun-2017Current
Rajat Dash Country flag representing In Director 21-Nov-2023Current
Pramathesh Desai Director 27-Jun-2024Current
Anupma Iyer Additional Director 15-Aug-2024Current

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%.

Gujarat Credo Mineral Industries revenue growth over time
Gujarat Credo Mineral Industries 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.

Employee growth trends for Gujarat Credo Mineral Industries Limited

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

  • Director Appointment

    Anupma Kartick Iyer was appointed as a Additional Director was appointed as a Additional Director on 15 Aug 2024 & has been associated with this company since 6 months 23 days .

  • Annual General Meeting

    Gujarat Credo Mineral Industries Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

  • Director Appointment

    Pramathesh Ushakant Desai was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 8 months 10 days .

  • Balance Sheet

    Gujarat Credo Mineral Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Rajat Kumar Dash was appointed as a Director was appointed as a Director on 21 Nov 2023 & has been associated with this company since 1 year 3 months .

  • 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.

Frequently asked questions

  • What is the Incorporation or founding date of Gujarat Credo Mineral Industries Limited?

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

  • What is authorized share capital and paid-up capital of Gujarat Credo Mineral Industries Limited?

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

  • Who are the current board members & directors of Gujarat Credo Mineral Industries Limited?

    Currently 8 directors are associated with Gujarat Credo Mineral Industries Limited.

    • Anand Anilbhai Patel
    • Sanjay Manilal Kothari
    • Shailika Vikas Soni
    • Rakesh Sukhraj Shah
    • Rajat Kumar Dash
    • Pramathesh Ushakant Desai
    • Anupma Kartick Iyer
    • Krunal Rasiklal Shah

  • What is the registered address of Gujarat Credo Mineral Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Credo Mineral Industries Limited is 305 Third Floor Eye One Opp. Honest Restaurant Near Panchvati Five Roads C . G. Road, India, Ahmedabad, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of Gujarat Credo Mineral Industries Limited?

    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).

  • What is the official website of Gujarat Credo Mineral Industries Limited?

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

  • What has been the recent revenue trend for Gujarat Credo Mineral Industries Limited?

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

  • How many employees does Gujarat Credo Mineral Industries Limited currently have?

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

  • What change has been observed in the net worth of Gujarat Credo Mineral Industries Limited, and by what percentage?

    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%.

  • What are the total open charges for Gujarat Credo Mineral Industries Limited?

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

  • When was the last Balance Sheet of Gujarat Credo Mineral Industries Limited filed with the ROC?

    The most recent Balance Sheet for Gujarat Credo Mineral Industries Limited was filed with the ROC on 31 Mar 2024.

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