Minar Reclaimation Private Limited

Manufacturer and exporter of reclaimed rubber, with ISO certification and large production capacity.

2008 | Ludhiana, Punjab (India) | Active
Last Updated: July 16, 2024

Minar Reclaimation Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.66 Cr
  • Satisfied Charges ₹ 3.20 Cr
  • Revenue Growth 49.04%
  • Profit Growth 13.46%
  • Ebitda 24.57%
  • Net Worth 14.64%
  • Total Assets 23.57%

About Minar Reclaimation

Minar Reclaimation Private Limited (MRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 May 2008 and has a history of 16 years and eight months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹2.66 Cr. The company has closed loans amounting to ₹3.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Garima Goyal and Aman Goyal serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25190PB2008PTC031930

  • Company No.

    031930

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Minar Reclaimation?

Board Members (2)

Name Designation Appointment Date Status
Garima Goyal Country flag representing In Director 01-May-2015 Current
Aman Goyal Country flag representing In Director 15-May-2008 Current

Financial Performance of Minar Reclaimation.

Minar Reclaimation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.04% increase. The company also saw a substantial improvement in profitability, with a 13.46% increase in profit. The company's net worth Soared by an impressive increase of 14.64%.

Graph illustrating revenue growth over time
Graph showing 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
49.04%
Revenue from Operations
48.87%
Total Assets
23.57%
Profit or Loss
13.46%
Net Worth
14.64%
EBITDA
24.57%

What is the Ownership and Shareholding Structure of Minar Reclaimation?

In 2023, Minar Reclaimation had a promoter holding of 68.18% and a public holding of 31.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.62 M

Satisfied Charges

₹32.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.41 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
21 Dec 2023 Hdfc Bank Limited ₹2.50 M Open
24 Feb 2016 Axis Bank Limited ₹2.41 Cr Open
12 Mar 2010 Allahabad Bank ₹3.20 Cr Satisfied

How Many Employees Work at Minar Reclaimation?

Minar Reclaimation has a workforce of 15 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Minar Reclaimation, 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 Reclaimation'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 Minar Reclaimation

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.50 M with Charge ID 100836869 was registered on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

    Minar Reclaimation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Minar Reclaimation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 24.12 M registered on 24 Feb 2016 with Charge ID 10627580 was modified on 06 Jul 2020.

    06 Jul 2020

  • Charges

    A charge registered on 12 Mar 2010 via Charge ID 10214205 with Allahabad Bank was fully satisfied on 30 May 2016.

    30 May 2016

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 24.12 M with Charge ID 10627580 was registered on 24 Feb 2016.

    24 Feb 2016

Frequently asked questions

  • Minar Reclaimation Private Limited was incorporated on 15 May 2008.

  • The authorized share capital of Minar Reclaimation Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.20 M.

  • Currently 2 directors are associated with Minar Reclaimation Private Limited.

    • Garima Goyal
    • Aman Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minar Reclaimation Private Limited is G.T. Road Village Jugiana Opp. Metro Tyres Industrial Area-C, Ludhiana, Punjab, India, 141003.

  • The corporate identification number (CIN) of Minar Reclaimation Private Limited is U25190PB2008PTC031930 and the company number is 031930 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Minar Reclaimation Private Limited is https://www.reclaimrubber.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Minar Reclaimation Private Limited has risen by 49.04%.

  • As Per 2023 financial reports, 15 employees are currently employed by Minar Reclaimation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Minar Reclaimation Private Limited has experienced an upsurge of 14.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Minar Reclaimation Private Limited amount to ₹ 2.66 Cr.

  • The most recent Balance Sheet for Minar Reclaimation Private Limited was filed with the ROC on 31 Mar 2023.

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