Minar Castings Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
- Paid Up Capital ₹ 13.24 Cr
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.35 Cr
- Satisfied Charges ₹ 13.66 Cr
- Revenue Growth 24.17%
- Profit Growth -16.67%
- Ebitda -5.93%
- Net Worth 4.91%
- Total Assets 5.00%
About Minar Castings
Minar Castings Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2004 and has a history of 20 years and six months. Its registered office is in Palakkad, Kerala, India.
The Corporate was formerly known as Hadeed Steels 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 13.50 Cr and a paid-up capital of Rs 13.24 Cr.
The company currently has active open charges totaling ₹20.35 Cr. The company has closed loans amounting to ₹13.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chelampattiparapottassery Abdullah, Thekke Koya, Abdul Khader, and Five other members serve as directors at the Company.
Company Details
- Location
Palakkad, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109KL2004PTC017357
- Company No.
017357
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Aug 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Minar Castings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohammed Shafi  | Managing Director | 01-Jul-2010 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chelampattiparapottassery Abdullah | Director | 27-Dec-2010 | Current |
| Thekke Koya | Director | 27-Dec-2010 | Current |
| Abdul Khader | Director | 27-Dec-2010 | Current |
| Mohamed Anappuram | Director | 01-Jul-2010 | Current |
| Mohammed Anappuram | Whole-Time Director | 26-Dec-2010 | Current |
| Thekke Abdullathif | Director | 27-Dec-2010 | Current |
Financial Performance of Minar Castings.
Minar Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.17% increase. The company also saw a substantial fall in profitability, with a 16.67% decrease in profit. The company's net worth moved up by a moderate rise of 4.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Minar Castings?
In 2023, Minar Castings had a promoter holding of 50.41% and a public holding of 49.59%. 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)
- Minar Renewable Energy Projects Private Limited
Thekke Koya, Mohammed Shafi and 2 more are mutual person
- Minar Ispat Private Limited
Abdul Khader, Mohammed Shafi and 2 more are mutual person
- Minar Green Power Projects Llp
Mohammed Shafi and Mohammed Anappuram are mutual person
- Minar Rolling Mills Private Limited
Mohammed Shafi and Mohammed Anappuram are mutual person
Charges (Loans)
₹20.35 Cr
₹13.66 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.35 Cr
- State Bank Of India : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2023 | State Bank Of India | ₹10.00 Cr | Open |
| 25 Sep 2020 | Hdfc Bank Limited | ₹10.35 Cr | Open |
| 24 Dec 2011 | City Union Bank Limited | ₹7.75 Cr | Satisfied |
| 28 Jun 2005 | Canara Bank | ₹5.91 Cr | Satisfied |
How Many Employees Work at Minar Castings?
Minar Castings has a workforce of 52 employees as of Mar 29, 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 Minar Castings, 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 Minar Castings'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.
