Ores India Private Limited

Iron ore mining company with operations in Jharkhand and Orissa, offering various mines and a high production capacity.

1997 | Sundergarh, Odisha (India) | Active
Last Updated: December 02, 2024

Who are the key members and board of directors at Ores India?

Executive Team (1)

NameDesignationAppointment DateStatus
Vinay Passary Country flag representing InManaging Director01-Jun-2007Current

Board Members (1)

NameDesignationAppointment DateStatus
Dina Passary Country flag representing In Director 18-Aug-2021Current

Financial Performance of Ores India.

Ores India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 36.57% decrease. The company also saw a slight decrease in profitability, with a 0.26% decrease in profit. The company's net worth moved up by a moderate rise of 1.6%.

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
-36.57%
Revenue from Operations
-36.73%
Total Assets
-5.89%
Profit or Loss
-0.26%
Net Worth
1.60%
EBITDA
-34.03%

Charges (Loans)

Open Charges

₹79.51 Cr

Satisfied Charges

₹27.14 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 64.32 Cr
  • Statae Bank Of Indaia : 9.58 Cr
  • Statea Bank Of India : 4.79 Cr
  • Tata Capital Limited : 0.82 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jul 2010Tata Capital Limited₹3.28 MOpen
02 Jul 2010Tata Capital Limited₹3.28 MOpen
02 Jul 2010Tata Capital Limited₹1.64 MOpen
26 May 2008State Bank Of India₹59.32 CrOpen
06 May 1998State Bank Of India₹5.00 CrOpen

How Many Employees Work at Ores India?

Unlock and access historical data on people associated with Ores India, 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 Ores India, 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 Ores India'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 Ores India

Recent activity within the organization

  • Annual General Meeting

    Ores India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ores India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Dina Nath Passary was appointed as a Director was appointed as a Director on 18 Aug 2021 & has been associated with this company since 3 years 5 months .

    18 Aug 2021

  • Charges

    A charge registered on 15 Apr 2010 via Charge ID 10215221 with Srei Equipment Finance Private Limited was fully satisfied on 06 Jan 2018.

    06 Jan 2018

  • Charges

    A charge registered on 05 Jul 2010 via Charge ID 10227210 with Srei Equipment Finance Private Limited was fully satisfied on 21 Nov 2017.

    21 Nov 2017

  • Charges

    A charge registered on 15 May 2010 via Charge ID 10218820 with Srei Equipment Finance Private Limited was fully satisfied on 21 Nov 2017.

    21 Nov 2017

Frequently asked questions

  • Ores India Private Limited was incorporated on 31 Mar 1997.

  • The authorized share capital of Ores India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.05 Cr.

  • Currently 2 directors are associated with Ores India Private Limited.

    • Vinay Vineet Passary
    • Dina Nath Passary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ores India Private Limited is Plot No 379 Uditnagar India, Rourkela, Orissa, 769012.

  • The corporate identification number (CIN) of Ores India Private Limited is U13100OR1997PTC004858 and the company number is 004858 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ores India Private Limited is https://www.passarygroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ores India Private Limited has fallen by -36.57%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ores India Private Limited has experienced an upsurge of 1.60%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Ores India Private Limited amount to ₹ 79.51 Cr.

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

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