Mining Associates Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.91 Cr
- Company Age 21 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 52.05 Cr
- Satisfied Charges ₹ 103.60 Cr
- Revenue Growth 36.84%
- Profit Growth -39.15%
- Ebitda 3.33%
- Net Worth 1.18%
- Total Assets 5.90%
About Mining Associates
Mining Associates Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 May 2003 and has a history of 21 years and ten months. Its registered office is in Bardhaman, West Bengal, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 1.91 Cr.
The company currently has active open charges totaling ₹52.05 Cr. The company has closed loans amounting to ₹103.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Bansal, Pratik Bansal, and Rajesh Bansal serve as directors at the Company.
Company Details
- Location
Bardhaman, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U10200WB2003PTC096162
- Company No.
096162
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 May 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
What products or services does Mining Associates Private Limited offer?
Mining Associates Private Limited offers a wide range of products and services, including Saw Blades & Grinding Wheels, Diamond Cutting Tools, Drilling, Boring & Mining Services, Drilling Job Work, Borewell Drilling Service, Core Drilling Services, Deep Hole Drilling Service, Tubewell Drilling Services, Building Survey & Soil Investigation, Geotechnical Engineering.
Who are the key members and board of directors at Mining Associates?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratik Bansal  | Director | 15-May-2018 | Current |
| Sanjay Bansal | Director | 06-May-2003 | Current |
| Rajesh Bansal | Director | 10-May-2004 | Current |
Financial Performance of Mining Associates.
Mining Associates Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.84% increase. The company also saw a substantial fall in profitability, with a 39.15% decrease in profit. The company's net worth moved up by a moderate rise of 1.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mining Associates?
In 2023, Mining Associates had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mining Associates Energy Private LimitedSanjay Bansal and Rajesh Bansal are mutual person
- Mitchell Drilling India Private Limited
Sanjay Bansal, Pratik Bansal and 1 more are mutual person
- Park View Buildwell Private Limited
Sanjay Bansal, Pratik Bansal and 1 more are mutual person
Charges (Loans)
Open Charges
₹52.05 Cr
Satisfied Charges
₹103.60 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 36.83 Cr
- Hdfc Bank Limited : 13.86 Cr
- Srei Equipment Finance Private Limited : 0.71 Cr
- Icici Bank Limited : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2024 | Hdfc Bank Limited | ₹1.25 M | Open |
| 15 Jun 2024 | Hdfc Bank Limited | ₹1.22 Cr | Open |
| 10 Oct 2023 | Hdfc Bank Limited | ₹4.50 M | Open |
| 30 Sep 2023 | Hdfc Bank Limited | ₹1.08 Cr | Open |
| 11 Sep 2023 | Hdfc Bank Limited | ₹0.86 M | Open |
How Many Employees Work at Mining Associates?
Mining Associates has a workforce of 728 employees as of Apr 09, 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 Mining Associates, 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 Mining Associates'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 Mining Associates
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101044991 was registered on 21 Dec 2024.
- Charges
A charge registered on 15 Jun 2024 via Charge ID 100986404 with Hdfc Bank Limited was fully satisfied on 29 Nov 2024.
- Charges
A charge registered on 29 Oct 2021 via Charge ID 100500923 with Axis Bank Limited was fully satisfied on 03 Oct 2024.
- Annual General Meeting
Mining Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 28 Nov 2014 via Charge ID 10568494 with Axis Bank Limited was fully satisfied on 06 Sep 2024.
- Charges
A charge registered on 23 Dec 2013 via Charge ID 10470784 with Axis Bank Limited was fully satisfied on 06 Sep 2024.
Frequently asked questions
What is the Incorporation or founding date of Mining Associates Private Limited?
Mining Associates Private Limited was incorporated on 06 May 2003.
What is authorized share capital and paid-up capital of Mining Associates Private Limited?
The authorized share capital of Mining Associates Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.91 Cr.
Who are the current board members & directors of Mining Associates Private Limited?
Currently 3 directors are associated with Mining Associates Private Limited.
- Sanjay Bansal
- Pratik Bansal
- Rajesh Bansal
What is the registered address of Mining Associates Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mining Associates Private Limited is 110 Maindhemo (Near Dhemomain Bus Stand) P.O. Sitarampur, India, Kulti, West Bengal, 713359.
What is the corporate identification number (CIN) and company number of Mining Associates Private Limited?
The corporate identification number (CIN) of Mining Associates Private Limited is U10200WB2003PTC096162 and the company number is 096162 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mining Associates Private Limited?
The Official website of Mining Associates Private Limited is https://www.miningassociates.co.in
What has been the recent revenue trend for Mining Associates Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mining Associates Private Limited has risen by 36.84%.
How many employees does Mining Associates Private Limited currently have?
As Per 2023 financial reports, 728 employees are currently employed by Mining Associates Private Limited.
What change has been observed in the net worth of Mining Associates Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mining Associates Private Limited has experienced an upsurge of 1.18%.
What are the total open charges for Mining Associates Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mining Associates Private Limited amount to ₹ 52.05 Cr.
When was the last Balance Sheet of Mining Associates Private Limited filed with the ROC?
The most recent Balance Sheet for Mining Associates Private Limited was filed with the ROC on 31 Mar 2024.
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