Sesa Mining Corporation Limited

Mining and trading of iron ore, manufacturing and trading of related products for industrial and domestic use.

1969 | Goa, Goa (India) | Active
Last Updated: October 24, 2024

Sesa Mining Corporation Profile

Key Indicators

  • Authorised Capital ₹ 22.29 Cr
  • Paid Up Capital ₹ 22.29 Cr
  • Company Age 55 Year, 7 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 seven 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 Navin Jaju as Ceo, Tina Lakhani as Company Secretary, and Abhinav Gupta as Cfo. Navin Jaju, Narayanaswamy Ramakrishnan, and Leena Verenkar serve as directors at the Company.

Company Details

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)

NameDesignationAppointment DateStatus
Navin Jaju CEO19-Jan-2023Current
Tina Lakhani Country flag representing In Company Secretary27-Apr-2015Current
Abhinav Gupta CFO19-Jan-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Navin Jaju Country flag representing In Additional Director 10-Aug-2020Current
Narayanaswamy Ramakrishnan Country flag representing In Director 30-Mar-2015Current
Leena Verenkar Country flag representing In Director 23-Dec-2022Current

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%.

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
5.04%
Revenue from Operations
2.58%
Total Assets
27.71%
Profit or Loss
46.05%
Net Worth
119.05%
EBITDA
1.47%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.25 Cr

Satisfied Charges

₹65.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2021Others₹1.25 CrOpen
14 Sep 2005Canara Bank₹30.00 CrSatisfied
24 Aug 2005Oriental Bank Of Commerce₹30.00 CrSatisfied
06 Jun 2005Canara Bank-Satisfied
18 Sep 2000Canara Bank₹5.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    28 Jun 2024

  • Balance Sheet

    Sesa Mining Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

    31 Mar 2024

  • Director Appointment

    Navin Kumar Jaju was appointed as a Ceo was appointed as a Ceo on 19 Jan 2023 & has been associated with this company since 2 years 12 days .

    19 Jan 2023

  • 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 1 month .

    23 Dec 2022

  • 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.

    18 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100469295 was registered on 23 Jul 2021.

    23 Jul 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Sesa Mining Corporation Limited was incorporated on 27 Jun 1969.

  • The authorized share capital of Sesa Mining Corporation Limited is ₹ 22.29 Cr and paid-up capital is ₹ 22.29 Cr.

  • Currently 6 directors are associated with Sesa Mining Corporation Limited.

    • Navin Kumar Jaju
    • Narayanaswamy Alampallam Ramakrishnan
    • Leena Bhiku Verenkar
    • Navin Kumar Jaju
    • Tina Lakhani
    • Abhinav Gupta
  • 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.

  • 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).

  • The Official website of Sesa Mining Corporation Limited is https://www.sesagoaironore.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sesa Mining Corporation Limited has risen by 5.04%.

  • As Per 2023 financial reports, 102 employees are currently employed by Sesa Mining Corporation Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sesa Mining Corporation Limited amount to ₹ 1.25 Cr.

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

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