Sesa Mining Corporation Profile
Key Indicators
- Authorised Capital ₹ 22.29 Cr
- Paid Up Capital ₹ 22.29 Cr
- Company Age 55 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.25 Cr
- Satisfied Charges ₹ 65.00 Cr
- Revenue Growth 5.04%
- Profit Growth 46.05%
- Ebitda 1.47%
- Net Worth 119.05%
- Total Assets 27.71%
About Sesa Mining Corporation
Sesa Mining Corporation Limited (SMCL) was founded in India on 27 June 1969 and has a glorious history of 55 years and eight months. Its registered office is in Goa, Goa, India.
The Corporate was formerly known as Dempo Mining Corporation 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 2024. It's a company limited by shares with an authorized capital of Rs 22.29 Cr and a paid-up capital of Rs 22.29 Cr.
The company currently has active open charges totaling ₹1.25 Cr. The company has closed loans amounting to ₹65.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sesa Mining Corporation Limited India are Abhinav Gupta as Cfo, Tina Lakhani as Company Secretary, and Navin Jaju as Ceo. Leena Verenkar, Narayanaswamy Ramakrishnan, and Navin Jaju serve as directors at the Company.
Company Details
- Location
Goa, Goa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U13209GA1969PLC000091
- Company No.
000091
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jun 1969
- Date of AGM
28 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Metals and Minerals
Who are the key members and board of directors at Sesa Mining Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhinav Gupta | CFO | 19-Jan-2023 | Current |
Tina Lakhani  | Company Secretary | 27-Apr-2015 | Current |
| Navin Jaju | CEO | 19-Jan-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Leena Verenkar | Director | 23-Dec-2022 | Current |
| Narayanaswamy Ramakrishnan | Director | 30-Mar-2015 | Current |
Financial Performance of Sesa Mining Corporation.
Sesa Mining Corporation Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.04% increase. The company also saw a substantial improvement in profitability, with a 46.05% increase in profit. The company's net worth Soared by an impressive increase of 119.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sesa Mining Corporation?
In 2023, Sesa Mining Corporation 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.
Related Corporates (Common Directorship)
Malco Energy LimitedNarayanaswamy Ramakrishnan and Navin Jaju are mutual person
Ferro Alloys Corporation LimitedNarayanaswamy Ramakrishnan is a mutual person
- Sesa Resources Limited
Leena Verenkar, Narayanaswamy Ramakrishnan and 1 more are mutual person
- Sesa Community Development Foundation
Leena Verenkar and Navin Jaju are mutual person
Ibis Systems And Solutions Private LimitedNarayanaswamy Ramakrishnan is a mutual person
Sterlite Iron And Steel Company LimitedLeena Verenkar and Navin Jaju are mutual person
Charges (Loans)
Open Charges
₹1.25 Cr
Satisfied Charges
₹65.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2021 | Others | ₹1.25 Cr | Open |
| 14 Sep 2005 | Canara Bank | ₹30.00 Cr | Satisfied |
| 24 Aug 2005 | Oriental Bank Of Commerce | ₹30.00 Cr | Satisfied |
| 06 Jun 2005 | Canara Bank | ₹0.00 | Satisfied |
| 18 Sep 2000 | Canara Bank | ₹5.00 Cr | Satisfied |
How Many Employees Work at Sesa Mining Corporation?
Sesa Mining Corporation has a workforce of 102 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sesa Mining Corporation, 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 Sesa Mining Corporation's trajectory.
Rating
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
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 Sesa Mining Corporation
Recent activity within the organization
- Annual General Meeting
Sesa Mining Corporation Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.
- Balance Sheet
Sesa Mining Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
- Director Appointment
Abhinav Gupta was appointed as a Cfo was appointed as a Cfo on 19 Jan 2023 & has been associated with this company since 2 years 1 month .
- Director Appointment
Leena Bhiku Verenkar was appointed as a Director was appointed as a Director on 23 Dec 2022 & has been associated with this company since 2 years 2 months .
- Charges
A charge with Others of Rs. 1.25 Cr registered on 23 Jul 2021 with Charge ID 100469295 was modified on 18 Jan 2022.
- Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100469295 was registered on 23 Jul 2021.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Sesa Mining Corporation Limited?
Sesa Mining Corporation Limited was incorporated on 27 Jun 1969.
What is authorized share capital and paid-up capital of Sesa Mining Corporation Limited?
The authorized share capital of Sesa Mining Corporation Limited is ₹ 22.29 Cr and paid-up capital is ₹ 22.29 Cr.
Who are the current board members & directors of Sesa Mining Corporation Limited?
Currently 6 directors are associated with Sesa Mining Corporation Limited.
- Abhinav Gupta
- Tina Lakhani
- Navin Kumar Jaju
- Leena Bhiku Verenkar
- Narayanaswamy Alampallam Ramakrishnan
- Navin Kumar Jaju
What is the registered address of Sesa Mining Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sesa Mining Corporation Limited is Sesa Ghor 20 Edc Complex Patto, India, Panaji, Goa, 403001.
What is the corporate identification number (CIN) and company number of Sesa Mining Corporation Limited?
The corporate identification number (CIN) of Sesa Mining Corporation Limited is U13209GA1969PLC000091 and the company number is 000091 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sesa Mining Corporation Limited?
The Official website of Sesa Mining Corporation Limited is https://www.sesagoaironore.com
What has been the recent revenue trend for Sesa Mining Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sesa Mining Corporation Limited has risen by 5.04%.
How many employees does Sesa Mining Corporation Limited currently have?
As Per 2023 financial reports, 102 employees are currently employed by Sesa Mining Corporation Limited.
What change has been observed in the net worth of Sesa Mining Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sesa Mining Corporation Limited has experienced an upsurge of 119.05%.
What are the total open charges for Sesa Mining Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sesa Mining Corporation Limited amount to ₹ 1.25 Cr.
When was the last Balance Sheet of Sesa Mining Corporation Limited filed with the ROC?
The most recent Balance Sheet for Sesa Mining Corporation Limited was filed with the ROC on 31 Mar 2024.
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