Passary Minerals Private Limited

Produces synthetic ceramics and refractory materials for steel, cement, glass, and petrochemical industries.

1990 | Sundergarh, Odisha (India) | Active
Last Updated:

Passary Minerals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.16 Cr
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.27 Cr
  • Satisfied Charges ₹ 7.17 Cr
  • Revenue Growth 73.73%
  • Profit Growth 59.28%
  • Ebitda 41.77%
  • Net Worth 15.85%
  • Total Assets 28.51%

About Passary Minerals

Passary Minerals Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 October 1990 and has a history of 34 years and four months. Its registered office is in Sundergarh, Odisha, India.

The Corporate was formerly known as Passary Minerals Limited. The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 4.16 Cr.

The company currently has active open charges totaling ₹5.27 Cr. The company has closed loans amounting to ₹7.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Passary, Pradeep Passary, Krishna Passary, and One other member serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pasmin.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101OR1990PTC002639

  • Company No.

    002639

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Manufacturing

What products or services does Passary Minerals Private Limited offer?

Passary Minerals Private Limited offers a wide range of products and services, including Chemical Plants & Machinery, Petrochemical Refineries, Chemical Reagents & Catalysts, Metal Oxides.

Who are the key members and board of directors at Passary Minerals?

Executive Team (1)

NameDesignationAppointment DateStatus
Pradeep Passary Country flag representing In Managing Director11-Oct-2008Current

Financial Performance of Passary Minerals.

Passary Minerals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 73.73% increase. The company also saw a substantial improvement in profitability, with a 59.28% increase in profit. The company's net worth Soared by an impressive increase of 15.85%.

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
73.73%
Revenue from Operations
73.73%
Total Assets
28.51%
Profit or Loss
59.28%
Net Worth
15.85%
EBITDA
41.77%

What is the Ownership and Shareholding Structure of Passary Minerals?

In 2023, Passary Minerals had a promoter holding of 87.74% and a public holding of 12.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.27 Cr

Satisfied Charges

₹7.17 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.38 Cr
  • State Bank Of Inidia : 0.54 Cr
  • Others : 0.24 Cr
  • Bank Of India : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2023Bank Of India₹0.35 MOpen
15 Sep 2023Bank Of India₹0.69 MOpen
03 Dec 2022Others₹2.45 MOpen
28 Dec 1995State Bank Of India₹6.50 MOpen
19 Feb 1994State Bank Of Inidia₹2.70 MOpen

How Many Employees Work at Passary Minerals?

Passary Minerals has a workforce of 52 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Passary Minerals, 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 Passary Minerals'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 Passary Minerals

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 3.73 Cr registered on 06 Jan 1994 with Charge ID 90079149 was modified on 14 Nov 2023.

    14 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 0.04 Cr with Charge ID 100788932 was registered on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 0.07 Cr with Charge ID 100788938 was registered on 15 Sep 2023.

    15 Sep 2023

  • Balance Sheet

    Passary Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100690812 was registered on 03 Dec 2022.

    03 Dec 2022

Frequently asked questions

  • What is the Incorporation or founding date of Passary Minerals Private Limited?

    Passary Minerals Private Limited was incorporated on 17 Oct 1990.

  • What is authorized share capital and paid-up capital of Passary Minerals Private Limited?

    The authorized share capital of Passary Minerals Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.16 Cr.

  • Who are the current board members & directors of Passary Minerals Private Limited?

    Currently 4 directors are associated with Passary Minerals Private Limited.

    • Ramesh Kumar Passary
    • Pradeep Passary
    • Krishna Passary
    • Anil Passary
  • What is the registered address of Passary Minerals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Passary Minerals Private Limited is Kachery Road India, Rourkela, Orissa, 769001.

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

    The corporate identification number (CIN) of Passary Minerals Private Limited is U27101OR1990PTC002639 and the company number is 002639 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Passary Minerals Private Limited?

    The Official website of Passary Minerals Private Limited is https://www.pasmin.com

  • What has been the recent revenue trend for Passary Minerals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Passary Minerals Private Limited has risen by 73.73%.

  • How many employees does Passary Minerals Private Limited currently have?

    As Per 2023 financial reports, 52 employees are currently employed by Passary Minerals Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Passary Minerals Private Limited has experienced an upsurge of 15.85%.

  • What are the total open charges for Passary Minerals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Passary Minerals Private Limited amount to ₹ 5.27 Cr.

  • When was the last Balance Sheet of Passary Minerals Private Limited filed with the ROC?

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

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