Minox Metal Private Limited

Supplier of stainless steel sheets and coils in various grades, sizes, and finishes for global use.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated:

Minox Metal Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 200.50 Cr
  • Satisfied Charges ₹ 15.20 Cr
  • Revenue Growth 26.67%
  • Profit Growth -37.29%
  • Ebitda -26.09%
  • Net Worth 15.45%
  • Total Assets 12.14%

About Minox Metal

Minox Metal Private Limited (MMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 2005 and has a history of 19 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Mysore Metfin 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹200.50 Cr. The company has closed loans amounting to ₹15.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayantilal Bhandari, Lalchand Bhandari, Kailash Bhandari, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109KA2005PTC036795

  • Company No.

    036795

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

What products or services does Minox Metal Private Limited offer?

Minox Metal Private Limited offers a wide range of products and services, including Stainless Steel Sheet, Designer Stainless Steel Sheet, 316 Stainless Steel Sheet, Finishing Machine, Surface Finishing Machine, Mirror Finish Stainless Steel Sheet, 304 SS Sheet, Steel Strips, Stainless Steel Strips, Stainless Steel Decorative Sheets.

Company report

Minox Metal Private Limited

Explore comprehensive data for Minox Metal Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Minox Metal?

Board Members (6)

NameDesignationAppointment DateStatus
Lalchand Bhandari Country flag representing In Director 19-Jul-2005Current
Jayantilal Bhandari Country flag representing In Director 19-Jul-2005Current
Kailash Bhandari Country flag representing In Director 19-Jul-2005Current
Suresh Bhandari Country flag representing In Director 19-Jul-2005Current
Lalchand Bhandari Country flag representing In Director 19-Jul-2005Current
Lalchand Bhandari Country flag representing In Director 19-Jul-2005Current

Financial Performance of Minox Metal.

Minox Metal Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.67% increase. The company also saw a substantial fall in profitability, with a 37.29% decrease in profit. The company's net worth Soared by an impressive increase of 15.45%.

Minox Metal revenue growth over time
Minox Metal 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
26.67%
Revenue from Operations
26.20%
Total Assets
12.14%
Profit or Loss
-37.29%
Net Worth
15.45%
EBITDA
-26.09%

What is the Ownership and Shareholding Structure of Minox Metal?

In 2023, Minox Metal had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹200.50 Cr

Satisfied Charges

₹15.20 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 115.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 85.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2024Citi Bank N.A.₹15.00 CrOpen
13 Jun 2023Citi Bank N.A.₹15.00 CrOpen
05 Jun 2023Citi Bank N.A.₹15.00 CrOpen
04 Feb 2022The Hongkong And Shanghai Banking Corporation Limited₹10.00 CrOpen
15 Feb 2019Citi Bank N.A.₹70.00 CrOpen

How Many Employees Work at Minox Metal?

Minox Metal has a workforce of 63 employees as of Apr 07, 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.

Employee growth trends for Minox Metal Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Minox Metal, 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 Minox Metal'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 Minox Metal

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100958155 was registered on 07 Aug 2024.

  • Charges

    A charge with Citi Bank N.A. of Rs. 70.00 Cr registered on 15 Feb 2019 with Charge ID 100265301 was modified on 15 Jul 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100738660 was registered on 13 Jun 2023.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 10.00 Cr registered on 04 Feb 2022 with Charge ID 100532505 was modified on 13 Jun 2023.

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 15.00 Cr with Charge ID 100738661 was registered on 05 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Minox Metal Private Limited?

    Minox Metal Private Limited was incorporated on 19 Jul 2005.

  • What is authorized share capital and paid-up capital of Minox Metal Private Limited?

    The authorized share capital of Minox Metal Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Minox Metal Private Limited?

    Currently 6 directors are associated with Minox Metal Private Limited.

    • Jayantilal Lalchand Bhandari
    • Lalchand Vijay Bhandari
    • Kailash Dhiraj Bhandari
    • Suresh Bhandari
    • Lalchand Prakash Bhandari
    • Lalchand Dhiraj Kumar Bhandari
  • What is the registered address of Minox Metal Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Minox Metal Private Limited is Plot No. 6 4Th Phase Bommasandra Jigani Link Road Kiadb Industrial Area, India, Anekal, Karnataka, 562106.

  • What is the corporate identification number (CIN) and company number of Minox Metal Private Limited?

    The corporate identification number (CIN) of Minox Metal Private Limited is U27109KA2005PTC036795 and the company number is 036795 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Minox Metal Private Limited?

    The Official website of Minox Metal Private Limited is https://www.minoxmetal.com

  • What has been the recent revenue trend for Minox Metal Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Minox Metal Private Limited has risen by 26.67%.

  • How many employees does Minox Metal Private Limited currently have?

    As Per 2023 financial reports, 63 employees are currently employed by Minox Metal Private Limited.

  • What change has been observed in the net worth of Minox Metal Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Minox Metal Private Limited has experienced an upsurge of 15.45%.

  • What are the total open charges for Minox Metal Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Minox Metal Private Limited amount to ₹ 200.50 Cr.

  • When was the last Balance Sheet of Minox Metal Private Limited filed with the ROC?

    The most recent Balance Sheet for Minox Metal Private Limited was filed with the ROC on 31 Mar 2023.

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