Minsol Limited

Provides high-wall coal mining services and trades heavy machinery spare parts.

1983 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Minsol Profile

Key Indicators

  • Authorised Capital ₹ 28.57 Cr
  • Paid Up Capital ₹ 6.60 Cr
  • Company Age 42 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 114.05 Cr
  • Satisfied Charges ₹ 141.11 Cr
  • Revenue Growth 26.50%
  • Profit Growth 69.63%
  • Ebitda 135.39%
  • Net Worth 6.05%
  • Total Assets -3.74%

About Minsol

Minsol Limited (ML) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 January 1983 and has a history of 42 years and one month. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Cuprum Bagrodia Limited. The Company is engaged in the Machinery And Equipment 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 28.57 Cr and a paid-up capital of Rs 6.60 Cr.

The company currently has active open charges totaling ₹114.05 Cr. The company has closed loans amounting to ₹141.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Minsol Limited India is Nilu Saluja as COMPANY SECRETARY. Gopal Paul, Songit Bagrodia, Gopal Fatehpuria, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    minsolltd.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27205WB1983PLC035637

  • Company No.

    035637

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1983

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment
Metals and Minerals

Who are the key members and board of directors at Minsol?

Executive Team (2)

NameDesignationAppointment DateStatus
Songit Bagrodia Country flag representing In Managing Director01-Apr-1992Current
Nilu Saluja Country flag representing In Company Secretary10-Apr-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Gopal Paul Country flag representing In Whole-Time Director 16-Jan-2008Current
Gopal Fatehpuria Country flag representing In Director 25-Aug-2011Current
Vinod Bagrodia Country flag representing In Whole-Time Director 04-Jan-1983Current
Pramod Shah Country flag representing In Director 27-Jan-2003Current

Financial Performance of Minsol.

Minsol Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.5% increase. The company also saw a substantial improvement in profitability, with a 69.63% increase in profit. The company's net worth moved up by a moderate rise of 6.05%.

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
26.50%
Revenue from Operations
31.98%
Total Assets
-3.74%
Profit or Loss
69.63%
Net Worth
6.05%
EBITDA
135.39%

What is the Ownership and Shareholding Structure of Minsol?

In 2023, Minsol 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

₹114.05 Cr

Satisfied Charges

₹141.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 60.57 Cr
  • Hdfc Bank Limited : 53.48 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024Hdfc Bank Limited₹5.50 MOpen
25 Jun 2024Hdfc Bank Limited₹6.00 MOpen
25 Jan 2024Hdfc Bank Limited₹5.51 CrOpen
25 Jan 2024Hdfc Bank Limited₹0.86 MOpen
29 Sep 2023Hdfc Bank Limited₹1.39 MOpen

How Many Employees Work at Minsol?

Unlock and access historical data on people associated with Minsol, 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 Minsol, 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 Minsol'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 Minsol

Recent activity within the organization

  • Annual General Meeting

    Minsol Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 26.00 Cr registered on 29 Aug 2023 with Charge ID 100791392 was modified on 03 Sep 2024.

    03 Sep 2024

  • Charges

    A charge registered on 15 Jun 2021 via Charge ID 100459962 with Hdfc Bank Limited was fully satisfied on 02 Aug 2024.

    02 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100941367 was registered on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100942125 was registered on 25 Jun 2024.

    25 Jun 2024

  • Balance Sheet

    Minsol Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

Frequently asked questions

  • Minsol Limited was incorporated on 04 Jan 1983.

  • The authorized share capital of Minsol Limited is ₹ 28.57 Cr and paid-up capital is ₹ 6.60 Cr.

  • Currently 6 directors are associated with Minsol Limited.

    • Gopal Chandra Paul
    • Songit Kumar Bagrodia
    • Gopal Prasad Fatehpuria
    • Nilu Saluja
    • Vinod Kumar Bagrodia
    • Pramod Kumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minsol Limited is 14/1 B Ezra St India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Minsol Limited is U27205WB1983PLC035637 and the company number is 035637 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Minsol Limited is https://www.minsolltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Minsol Limited has risen by 26.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Minsol Limited has experienced an upsurge of 6.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Minsol Limited amount to ₹ 114.05 Cr.

  • The most recent Balance Sheet for Minsol Limited was filed with the ROC on 31 Mar 2024.

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