Minal Industries Profile
Key Indicators
- Authorised Capital ₹ 63.00 Cr
- Paid Up Capital ₹ 38.38 Cr
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.59 M
- Revenue Growth -65.75%
- Profit Growth -447.38%
- Ebitda -95.47%
- Net Worth -8.17%
- Total Assets -9.84%
About Minal Industries
Minal Industries Limited (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 January 1988 and has a history of 37 years and three months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522235.
The Company is engaged in the Engineering 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 63.00 Cr and a paid-up capital of Rs 38.38 Cr.
The company currently has active open charges totaling ₹1.59 M.
The Key Managerial Personnel (KMP) at Minal Industries Limited India are Harshala Karangutkar as CFO and Piyush Talyani as Company Secretary. Shrikant Parikh, Ajay Mehta, Sona Parikh, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L32201MH1988PLC216905
- Company No.
216905
- Stock Symbol
BSE : 522235
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jan 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Engineering
What products or services does Minal Industries Limited offer?
Minal Industries Limited offers a wide range of products and services, including Wrist Watch, Strap Watches, Fashion Wrist Watches, Clocks and Watches, Ladies Watch, Bangle Watches, Ladies Fashion Watches, Ladies Bracelet Watches, Bracelet Watch, Analog and Pocket Watches.
Minal Industries Limited
Explore comprehensive data for Minal Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Minal Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shrikant Parikh  | Managing Director | 11-Jan-1988 | Current |
| Harshala Karangutkar | CFO | 03-May-2018 | Current |
| Piyush Talyani | Company Secretary | 19-Jun-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Mehta | Director | 30-Jun-2024 | Current |
| Sona Parikh | Director | 09-Mar-2015 | Current |
| Subham Jain | Director | 26-Aug-2023 | Current |
Financial Performance of Minal Industries.
Minal Industries Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 65.75% decrease. The company also saw a substantial fall in profitability, with a 447.38% decrease in profit. The company's net worth dipped by a decrease of 8.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Minal Industries?
In 2024, Minal Industries had a promoter holding of 40.63% and a public holding of 59.36%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Clicksmetro Online Private LimitedShrikant Parikh and Sona Parikh are mutual person
- Minal Infojewels Limited
Shrikant Parikh and Sona Parikh are mutual person
- Minal Infrastructures & Properties Private Limited
Shrikant Parikh and Sona Parikh are mutual person
- Minal Lifestyles Private Limited
Shrikant Parikh and Sona Parikh are mutual person
- Minal Exim Private Limited
Shrikant Parikh and Sona Parikh are mutual person
- Twinkle Lifestyles Private Limited
Shrikant Parikh and Sona Parikh are mutual person
Charges (Loans)
Open Charges
₹0.16 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Gujrat State Financial Corporation : 0.15 Cr
- Corporation Bank : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 1992 | Corporation Bank | ₹0.13 M | Open |
| 21 Jun 1988 | Gujrat State Financial Corporation | ₹1.47 M | Open |
How Many Employees Work at Minal Industries?
Unlock and access historical data on people associated with Minal Industries, 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 Minal 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 Minal Industries'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.
Latest Updates, News, and FAQs on Minal Industries
Recent activity within the organization
- Annual General Meeting
Minal Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Ajay Jormal Mehta was appointed as a Director was appointed as a Director on 30 Jun 2024 & has been associated with this company since 9 months 27 days .
- Balance Sheet
Minal Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Subham Chand Jain was appointed as a Director was appointed as a Director on 26 Aug 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Piyush Harish Talyani was appointed as a Company Secretary was appointed as a Company Secretary on 19 Jun 2021 & has been associated with this company since 3 years 10 months .
- Director Appointment
Harshala Keshav Karangutkar was appointed as a Cfo was appointed as a Cfo on 03 May 2018 & has been associated with this company since 6 years 11 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Minal Industries Limited?
Minal Industries Limited was incorporated on 11 Jan 1988.
What is authorized share capital and paid-up capital of Minal Industries Limited?
The authorized share capital of Minal Industries Limited is ₹ 63.00 Cr and paid-up capital is ₹ 38.38 Cr.
Who are the current board members & directors of Minal Industries Limited?
Currently 6 directors are associated with Minal Industries Limited.
- Shrikant Jesinglal Parikh
- Ajay Jormal Mehta
- Sona Akash Parikh
- Subham Chand Jain
- Harshala Keshav Karangutkar
- Piyush Harish Talyani
What is the registered address of Minal Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Minal Industries Limited is 603- L Minal Co-Op Hsg So Ltd Off Sakivihar Road, Andheri-East India, Mumbai, Maharashtra, 400072.
What is the corporate identification number (CIN) and company number of Minal Industries Limited?
The corporate identification number (CIN) of Minal Industries Limited is L32201MH1988PLC216905 and the company number is 216905 as per Ministry of Corporate Affairs (MCA).
Is Minal Industries Limited registered with any stock exchange in India?
Yes, Minal Industries Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Minal Industries Limited?
The Official website of Minal Industries Limited is https://www.minalindustriesltd.com
What has been the recent revenue trend for Minal Industries Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Minal Industries Limited has fallen by -65.75%.
What change has been observed in the net worth of Minal Industries Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Minal Industries Limited has experienced an downturn of -8.17%.
What are the total open charges for Minal Industries Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Minal Industries Limited amount to ₹ 1.59 M.
When was the last Balance Sheet of Minal Industries Limited filed with the ROC?
The most recent Balance Sheet for Minal Industries Limited was filed with the ROC on 31 Mar 2024.
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