Mineral Enterprises Private Limited

Mining, infrastructure, and real estate development for iron and manganese ore.

1962 | Bangalore, Karnataka (India) | Active
Last Updated: July 03, 2024

Mineral Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.10 M
  • Company Age 62 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 543.00 Cr
  • Revenue Growth -18.54%
  • Profit Growth -1900.85%
  • Ebitda 11.17%
  • Net Worth -0.32%
  • Total Assets 9.50%

About Mineral Enterprises

Mineral Enterprises Private Limited (MEPL) was founded in India on 04 December 1962 and has a glorious history of 62 years and two months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Mineral Enterprises Limited. The Company is engaged in the Real Estate And Construction 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 1.00 Cr and a paid-up capital of Rs 7.10 M.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹543.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mandalamanickem Srinivasaraghavan, Sridhar Poddar, and Basant Poddar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U14219KA1962PTC001473

  • Company No.

    001473

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1962

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction
Metals and Minerals

What products or services does Mineral Enterprises Private Limited offer?

Mineral Enterprises Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Cargo Transportation Services, Railway Parts, Content Writing Service, Research Development Services, Base Metal Ores, Manganese Ore, Real Estate Agent & Property Dealers, Real Estate Consulting Service.

Who are the key members and board of directors at Mineral Enterprises?

Board Members (3)

NameDesignationAppointment DateStatus
Basant Poddar Country flag representing In Whole-Time Director 29-Sep-1983Current
Mandalamanickem Srinivasaraghavan Country flag representing In Director 28-Jul-2020Current
Sridhar Poddar Country flag representing In Director 16-Feb-2021Current

Financial Performance of Mineral Enterprises.

Mineral Enterprises Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.54% decrease. The company also saw a substantial fall in profitability, with a 1900.85% decrease in profit. The company's net worth dipped by a decrease of 0.32%.

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
-18.54%
Revenue from Operations
67.68%
Total Assets
9.50%
Profit or Loss
-1900.85%
Net Worth
-0.32%
EBITDA
11.17%

What is the Ownership and Shareholding Structure of Mineral Enterprises?

In 2023, Mineral Enterprises had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹543.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2023Axis Bank Limited₹50.00 CrOpen
02 Jul 2019Yes Bank Limited₹70.00 CrSatisfied
28 May 2010The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrSatisfied
12 May 2010Yes Bank Limited₹30.00 CrSatisfied
13 Aug 2009Icici Bank Limited₹70.00 CrSatisfied

How Many Employees Work at Mineral Enterprises?

Mineral Enterprises has a workforce of 24 employees as of Mar 21, 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 Mineral Enterprises, 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 Mineral Enterprises'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 Mineral Enterprises

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100723272 was registered on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Mineral Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sridhar Poddar was appointed as a Director was appointed as a Director on 16 Feb 2021 & has been associated with this company since 4 years 5 days .

    16 Feb 2021

  • Director Appointment

    Mandalamanickem Sundaram Srinivasaraghavan was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 4 years 6 months .

    28 Jul 2020

  • Charges

    A charge registered on 02 Jul 2019 via Charge ID 100278627 with Yes Bank Limited was fully satisfied on 25 Nov 2019.

    25 Nov 2019

Frequently asked questions

  • Mineral Enterprises Private Limited was incorporated on 04 Dec 1962.

  • The authorized share capital of Mineral Enterprises Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.10 M.

  • Currently 3 directors are associated with Mineral Enterprises Private Limited.

    • Mandalamanickem Sundaram Srinivasaraghavan
    • Sridhar Poddar
    • Basant Poddar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mineral Enterprises Private Limited is No.2 Berlie Street Langford Town, Shanti Nagar India, Bengaluru, Karnataka, 560025.

  • The corporate identification number (CIN) of Mineral Enterprises Private Limited is U14219KA1962PTC001473 and the company number is 001473 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mineral Enterprises Private Limited is https://www.mineralenterprises.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mineral Enterprises Private Limited has fallen by -18.54%.

  • As Per 2023 financial reports, 24 employees are currently employed by Mineral Enterprises Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mineral Enterprises Private Limited has experienced an downturn of -0.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mineral Enterprises Private Limited amount to ₹ 50.00 Cr.

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

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