Gujarat Mineral Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 63.60 Cr
- Company Age 61 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,191.00 Cr
- Satisfied Charges ₹ 1,116.00 Cr
- Revenue Growth 93.73%
- Profit Growth 1098.99%
- Ebitda 12370.54%
- Net Worth 18.26%
- Total Assets 19.31%
About Gujarat Mineral Development Corporation
Gujarat Mineral Development Corporation Limited (GMDCL) was founded in India on 15 May 1963 and has a glorious history of 61 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532181 and on the National Stock Exchange(NSE) under GMDCLTD.
The Corporate was formerly known as Gujarat Mineral Development Corporation (Private) 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 150.00 Cr and a paid-up capital of Rs 63.60 Cr.
The company currently has active open charges totaling ₹1,191.00 Cr. The company has closed loans amounting to ₹1,116.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gujarat Mineral Development Corporation Limited India are Joel Evans as COMPANY SECRETARY and Anupma Iyer as Cfo. Hasmukh Adhia, Gauri Kumar, Mamta Verma, 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
Industry
Who are the key members and board of directors at Gujarat Mineral Development Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Roopwant Singh  | Managing Director | 14-Jun-2021 | Current |
| Joel Evans | Company Secretary | 08-Aug-2005 | Current |
| Anupma Iyer | CFO | 26-Mar-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shailesh Gandhi | Director | 03-Dec-2015 | Current |
| Hasmukh Adhia | Director | 19-Jun-2023 | Current |
| Gauri Kumar | Director | 07-Jun-2019 | Current |
| Mamta Verma | Director | 20-Sep-2024 | Current |
| Arti Kanwar | Director | 17-Aug-2023 | Current |
Financial Performance of Gujarat Mineral Development Corporation.
Gujarat Mineral Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 93.73% increase. The company also saw a substantial improvement in profitability, with a 1098.99% increase in profit. The company's net worth Soared by an impressive increase of 18.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gujarat Mineral Development Corporation?
In 2021, Gujarat Mineral Development Corporation had a promoter holding of 74.00% and a public holding of 26.00%. The company had 3 Joint Ventures and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gujarat State Electricity Corporation LimitedArti Kanwar is a mutual person
Gujarat Guardian LimitedRoopwant Singh is a mutual person
Gujarat International Finance Tec-City Company LimitedHasmukh Adhia is a mutual person
Gcap World Softech Private LimitedGauri Kumar is a mutual person
Gujarat Foundation For Entrepreneurial ExcellenceRoopwant Singh is a mutual person
Charges (Loans)
₹1,191.00 Cr
₹1,116.00 Cr
Charges Breakdown by Lending Institutions
- Power Finance Corporation Of India : 1116.00 Cr
- Bank Of India : 30.00 Cr
- Union Bank Of India : 25.00 Cr
- The Karur Vysya Bank Ltd. : 10.00 Cr
- Abu Dhabi Commercial Bank Ltd. : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2003 | Power Finance Corporation Of India | ₹1,116.00 Cr | Open |
| 31 Jul 2002 | Abu Dhabi Commercial Bank Ltd. | ₹10.00 Cr | Open |
| 31 May 2002 | Union Bank Of India | ₹25.00 Cr | Open |
| 23 May 2002 | Bank Of India | ₹30.00 Cr | Open |
| 22 Mar 2002 | The Karur Vysya Bank Ltd. | ₹10.00 Cr | Open |
How Many Employees Work at Gujarat Mineral Development Corporation?
Unlock and access historical data on people associated with Gujarat Mineral Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gujarat Mineral Development Corporation, 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 Mineral Development Corporation'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.
