Gujarat Mineral Development Corporation Limited

Develops mineral resources such as lignite, bauxite, fluorspar, silica sand, limestone, bentonite, and ball clay.

1963 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Gujarat Mineral Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 63.60 Cr
  • Company Age 61 Year, 10 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 ten 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

  • CIN/LLPIN

    L14100GJ1963SGC001206

  • Company No.

    001206

  • Stock Symbol

    BSE : 532181 NSE : GMDCLTD

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    15 May 1963

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Gujarat Mineral Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Roopwant Singh Country flag representing In Managing Director14-Jun-2021Current
Joel Evans Country flag representing In Company Secretary08-Aug-2005Current
Anupma Iyer CFO26-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Shailesh Gandhi Country flag representing In Director 03-Dec-2015Current
Hasmukh Adhia Country flag representing In Director 19-Jun-2023Current
Gauri Kumar Country flag representing In Director 07-Jun-2019Current
Mamta Verma Country flag representing In Director 20-Sep-2024Current
Arti Kanwar Country flag representing In Director 17-Aug-2023Current

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%.

Gujarat Mineral Development Corporation revenue growth over time
Gujarat Mineral Development Corporation 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
93.73%
Revenue from Operations
113.41%
Total Assets
19.31%
Profit or Loss
1098.99%
Net Worth
18.26%
EBITDA
12370.54%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,191.00 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
06 Feb 2003Power Finance Corporation Of India₹1,116.00 CrOpen
31 Jul 2002Abu Dhabi Commercial Bank Ltd.₹10.00 CrOpen
31 May 2002Union Bank Of India₹25.00 CrOpen
23 May 2002Bank Of India₹30.00 CrOpen
22 Mar 2002The Karur Vysya Bank Ltd.₹10.00 CrOpen

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.

Employee growth trends for Gujarat Mineral Development Corporation Limited

Deals i

Graph showing company valuation over time

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

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 Mineral Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Gujarat Mineral Development Corporation Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mamta Verma was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 6 months 7 days .

  • Balance Sheet

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

  • Director Appointment

    Anupma Kartick Iyer was appointed as a Cfo was appointed as a Cfo on 26 Mar 2024 & has been associated with this company since 1 year 1 day .

  • Director Appointment

    Arti Kanwar was appointed as a Director was appointed as a Director on 17 Aug 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Hasmukh Adhia was appointed as a Director was appointed as a Director on 19 Jun 2023 & has been associated with this company since 1 year 9 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Gujarat Mineral Development Corporation Limited?

    Gujarat Mineral Development Corporation Limited was incorporated on 15 May 1963.

  • What is authorized share capital and paid-up capital of Gujarat Mineral Development Corporation Limited?

    The authorized share capital of Gujarat Mineral Development Corporation Limited is ₹ 150.00 Cr and paid-up capital is ₹ 63.60 Cr.

  • Who are the current board members & directors of Gujarat Mineral Development Corporation Limited?

    Currently 8 directors are associated with Gujarat Mineral Development Corporation Limited.

    • Hasmukh Adhia
    • Gauri Kumar
    • Mamta Verma
    • Shailesh Gandhi
    • Arti Kanwar
    • Roopwant Singh
    • Joel Shantilal Evans
    • Anupma Kartick Iyer

  • What is the registered address of Gujarat Mineral Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Mineral Development Corporation Limited is Khanij Bhavan Near University Ground 132 Ft Ring Road Vastrapur India, Ahmedabad, Gujarat, 380052.

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

    The corporate identification number (CIN) of Gujarat Mineral Development Corporation Limited is L14100GJ1963SGC001206 and the company number is 001206 as per Ministry of Corporate Affairs (MCA).

  • Is Gujarat Mineral Development Corporation Limited registered with any stock exchange in India?

    Yes, Gujarat Mineral Development Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GMDCLTD.

  • What is the official website of Gujarat Mineral Development Corporation Limited?

    The Official website of Gujarat Mineral Development Corporation Limited is https://www.gmdcltd.com

  • What has been the recent revenue trend for Gujarat Mineral Development Corporation Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Gujarat Mineral Development Corporation Limited has risen by 93.73%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Gujarat Mineral Development Corporation Limited has experienced an upsurge of 18.26%.

  • What are the total open charges for Gujarat Mineral Development Corporation Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Gujarat Mineral Development Corporation Limited amount to ₹ 1,191.00 Cr.

  • When was the last Balance Sheet of Gujarat Mineral Development Corporation Limited filed with the ROC?

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

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