Mgm Minerals Profile
Key Indicators
- Authorised Capital ₹ 190.00 Cr
- Paid Up Capital ₹ 22.76 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 756.61 Cr
- Revenue Growth -23.26%
- Profit Growth -45.82%
- Ebitda -43.69%
- Net Worth 18.39%
- Total Assets 21.66%
About Mgm Minerals
Mgm Minerals Limited (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 April 1996 and has a history of 28 years and ten months. Its registered office is in Khorda, Odisha, India.
The Company is engaged in the Energy And Power 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 190.00 Cr and a paid-up capital of Rs 22.76 Cr.
The company has closed loans amounting to ₹756.61 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mgm Minerals Limited India are Raghu Panda as CFO and Sushanta Dehury as Company Secretary. Saroj Ray, Pankaj Mohanty, Seema Mohanty, and Six other members serve as directors at the Company.
Company Details
- Location
Khorda, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72101OR1996PLC004413
- Company No.
004413
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Apr 1996
- Date of AGM
12 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Mgm Minerals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pankaj Mohanty  | Managing Director | 13-May-1996 | Current |
| Raghu Panda | CFO | 01-Jun-2023 | Current |
| Sushanta Dehury | Company Secretary | 01-Apr-2021 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nihar Mohanty | Director | 14-Aug-2021 | Current |
| Saroj Ray | Director | 02-Apr-2021 | Current |
| Seema Mohanty | Director | 29-Jun-2018 | Current |
| Padma Mohanty | Whole-Time Director | 21-Sep-2013 | Current |
| Siddhartha Mohanty | Whole-Time Director | 01-Jun-2023 | Current |
| Prasanna Parida | Director | 01-Jun-2017 | Current |
Financial Performance of Mgm Minerals.
Mgm Minerals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.26% decrease. The company also saw a substantial fall in profitability, with a 45.82% decrease in profit. The company's net worth Soared by an impressive increase of 18.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mgm Minerals?
In 2023, Mgm Minerals had a promoter holding of 75.20% and a public holding of 24.80%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Open Wildlife LoungeSiddhartha Mohanty is a mutual person
Odisha State Beverages Corporation LimitedPrasanna Parida is a mutual person
Idcol Software LimitedNihar Mohanty is a mutual person
Federation Of India Mineral IndustriesPankaj Mohanty is a mutual person
Samvi Hi-Fresh Foods Private LimitedSiddhartha Mohanty is a mutual person
Capital Region Urban TransportPrasanna Parida is a mutual person
Charges (Loans)
₹0
₹756.61 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 500.00 Cr
- State Bank Of India (Lead Banker) : 125.00 Cr
- Indian Bank : 53.00 Cr
- State Bank Of India : 48.65 Cr
- Axis Bank Limited : 9.95 Cr
- Others : 20.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2023 | Indian Bank | ₹53.00 Cr | Satisfied |
| 09 Aug 2022 | Sbicap Trustee Company Limited | ₹500.00 Cr | Satisfied |
| 29 Jan 2020 | Hdfc Bank Limited | ₹6.82 Cr | Satisfied |
| 07 Nov 2012 | Oriental Bank Of Commerce | ₹7.50 Cr | Satisfied |
| 17 Jun 2011 | Axis Bank Limited | ₹9.95 Cr | Satisfied |
How Many Employees Work at Mgm Minerals?
Mgm Minerals has a workforce of 555 employees as of Apr 08, 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 Mgm 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 Mgm 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.
