Minmet Refractory Solutions Private Limited

Specializes in trading refractory materials like bauxite, mullite, and alumina for various clients.

2005 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: July 26, 2024

Minmet Refractory Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.60 M
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.72 Cr
  • Satisfied Charges ₹ 14.35 Cr
  • Revenue Growth -22.07%
  • Profit Growth -34.25%
  • Ebitda -62.05%
  • Net Worth 5.23%
  • Total Assets -0.25%

About Minmet Refractory Solutions

Minmet Refractory Solutions Private Limited (MRSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 December 2005 and has a history of 19 years and two months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Almag Marketing (India) Pvt Ltd. 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 1.00 Cr and a paid-up capital of Rs 9.60 M.

The company currently has active open charges totaling ₹19.72 Cr. The company has closed loans amounting to ₹14.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Cherukuri and Anuradha Cherukuri serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    minmetrefractory.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52520AP2005PTC048406

  • Company No.

    048406

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals

Who are the key members and board of directors at Minmet Refractory Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravi Cherukuri Country flag representing In Managing Director20-Jan-2006Current

Board Members (1)

NameDesignationAppointment DateStatus
Anuradha Cherukuri Country flag representing In Director 05-Jul-2013Current

Financial Performance of Minmet Refractory Solutions.

Minmet Refractory Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.07% decrease. The company also saw a substantial fall in profitability, with a 34.25% decrease in profit. The company's net worth moved up by a moderate rise of 5.23%.

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
-22.07%
Revenue from Operations
-23.90%
Total Assets
-0.25%
Profit or Loss
-34.25%
Net Worth
5.23%
EBITDA
-62.05%

What is the Ownership and Shareholding Structure of Minmet Refractory Solutions?

In 2023, Minmet Refractory Solutions 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

₹19.72 Cr

Satisfied Charges

₹14.35 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.72 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 2020State Bank Of India₹1.72 CrOpen
20 Mar 2010State Bank Of India₹18.00 CrOpen
11 Oct 2012State Bank Of Hyderabad₹0.76 MSatisfied
04 Aug 2011State Bank Of Hyderabad₹3.30 CrSatisfied
09 Aug 2007Union Bank Of India₹10.97 CrSatisfied

How Many Employees Work at Minmet Refractory Solutions?

Unlock and access historical data on people associated with Minmet Refractory Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Minmet Refractory Solutions, 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 Minmet Refractory Solutions'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 Minmet Refractory Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Minmet Refractory Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 11 Oct 2012 via Charge ID 10383656 with State Bank Of Hyderabad was fully satisfied on 17 Mar 2022.

    17 Mar 2022

  • Charges

    A charge registered on 04 Aug 2011 via Charge ID 10305161 with State Bank Of Hyderabad was fully satisfied on 17 Mar 2022.

    17 Mar 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.72 Cr with Charge ID 100390280 was registered on 04 Jun 2020.

    04 Jun 2020

  • Charges

    A charge with State Bank Of India of Rs. 18.00 Cr registered on 20 Mar 2010 with Charge ID 10216462 was modified on 07 Mar 2019.

    07 Mar 2019

Frequently asked questions

  • Minmet Refractory Solutions Private Limited was incorporated on 12 Dec 2005.

  • The authorized share capital of Minmet Refractory Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.60 M.

  • Currently 2 directors are associated with Minmet Refractory Solutions Private Limited.

    • Ravi Kumar Cherukuri
    • Anuradha Cherukuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minmet Refractory Solutions Private Limited is 101 B Sri Venkateswara Towers 5Th Lane Dwarakanagar, Visakhapatnam, Andhra Pradesh, India, 530016.

  • The corporate identification number (CIN) of Minmet Refractory Solutions Private Limited is U52520AP2005PTC048406 and the company number is 048406 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Minmet Refractory Solutions Private Limited is https://www.minmetrefractory.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Minmet Refractory Solutions Private Limited has fallen by -22.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Minmet Refractory Solutions Private Limited has experienced an upsurge of 5.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Minmet Refractory Solutions Private Limited amount to ₹ 19.72 Cr.

  • The most recent Balance Sheet for Minmet Refractory Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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