Mahavir Minerals Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 1.72 Cr
- Company Age 47 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.80 Cr
- Satisfied Charges ₹ 4.21 Cr
- Revenue Growth -27.97%
- Profit Growth -67.21%
- Ebitda 14.23%
- Net Worth 0.71%
- Total Assets 4.27%
About Mahavir Minerals
Mahavir Minerals Limited (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 June 1977 and has a history of 47 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Mahavir Minerals 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 2023. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 1.72 Cr.
The company currently has active open charges totaling ₹16.80 Cr. The company has closed loans amounting to ₹4.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
Devang Gandhi, Madhusudan Daga, Yashovardhan Daga, and Three other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24100MH1977PLC019705
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Company No.
019705
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
17 Jun 1977
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Mahavir Minerals Limited offer?
Mahavir Minerals Limited offers a wide range of products and services, including Sanitary Ware, Limestone, Pink Limestone, Wall Tiles, Filter Media, Silica Sand, Bathroom Sanitary Ware, Floor Tiles, Vitrified,Ceramic Floor & Wall Tiles, Vitrified Tiles.
Who are the key members and board of directors at Mahavir Minerals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhusudan Daga
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Managing Director | 05-Feb-1979 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Yashovardhan Daga
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Director | 01-Oct-2009 | Current |
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Devang Gandhi
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Director | 17-Jun-1977 | Current |
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Harshvardhan Daga
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Director | 18-Nov-2015 | Current |
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Jayesh Kumbhani
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Director | 30-Mar-2015 | Current |
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Vandana Daga
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Director | 16-Nov-1999 | Current |
Financial Performance of Mahavir Minerals.
Mahavir Minerals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.97% decrease. The company also saw a substantial fall in profitability, with a 67.21% decrease in profit. The company's net worth moved up by a moderate rise of 0.71%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Mahavir Minerals?
In 2023, Mahavir Minerals had a promoter holding of 15.33% and a public holding of 84.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Rbbr Infrastructure Private LimitedMadhusudan Daga and Yashovardhan Daga are mutual person
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Mahesh Minerals Pvt LtdMadhusudan Daga and Vandana Daga are mutual person
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Shivpujan Barter Pvt.Ltd.Devang Gandhi is a mutual person
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Reliance Finvest Private Limited
Devang Gandhi, Madhusudan Daga and 1 more are mutual person
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Getos Builders Pvt. Ltd.
Devang Gandhi is a mutual person
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Lohana Sthapit Mahila Vikas Gruh Foundation
Devang Gandhi is a mutual person
Charges (Loans)
₹16.80 Cr
₹4.21 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 16.16 Cr
- Others : 0.42 Cr
- Tata Capital Financial Services Limited : 0.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2021 | Others | ₹4.25 M | Open |
| 30 Sep 2016 | Tata Capital Financial Services Limited | ₹2.12 M | Open |
| 07 Jul 2016 | Hdfc Bank Limited | ₹12.66 Cr | Open |
| 30 Jun 2016 | Hdfc Bank Limited | ₹3.50 Cr | Open |
| 12 Jun 2000 | Canara Bank | ₹1.45 Cr | Satisfied |
How Many Employees Work at Mahavir Minerals?
Mahavir Minerals has a workforce of 37 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahavir 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 Mahavir Minerals'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.
