Tungabhadra Minerals Private Limited

Mining company acquiring mines and mining rights for iron ore in India and abroad.

1971 | Bellary, Karnataka (India) | Active
Last Updated: December 12, 2024

Tungabhadra Minerals Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 53 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.84 Cr
  • Satisfied Charges ₹ 90.89 Cr
  • Revenue Growth -31.83%
  • Profit Growth -2.46%
  • Ebitda 0.11%
  • Net Worth -1.04%
  • Total Assets -1.66%

About Tungabhadra Minerals

Tungabhadra Minerals Private Limited (TMPL) was founded in India on 27 April 1971 and has a glorious history of 53 years and nine months.Its registered office is in Bellary, Karnataka, India.

The Corporate was formerly known as Tungabhadra Minerals 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 3.00 Cr and a paid-up capital of Rs 1.20 Cr.

The company currently has active open charges totaling ₹14.84 Cr. The company has closed loans amounting to ₹90.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arjun Salgaocar, Sameer Salgaocar, Nitin Sud, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14200KA1971PTC002035

  • Company No.

    002035

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1971

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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

Board Members (9)

Name Designation Appointment Date Status
Sameer Salgaocar Country flag representing In Nominee Director 06-May-1997 Current
Mallikarjun Sarapur Country flag representing In Nominee Director 30-Mar-2021 Current
Arjun Salgaocar Country flag representing In Nominee Director 06-Jul-2002 Current
Nitin Sud Country flag representing In Nominee Director 23-Jan-2017 Current
Subramany Country flag representing In Nominee Director 23-Jan-2017 Current
Jayant Gaunker Country flag representing In Nominee Director 07-Sep-2019 Current

Financial Performance of Tungabhadra Minerals.

Tungabhadra Minerals Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 31.83% decrease. The company also saw a slight decrease in profitability, with a 2.46% decrease in profit. The company's net worth dipped by a decrease of 1.04%.

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
-31.83%
Revenue from Operations
Total Assets
-1.66%
Profit or Loss
-2.46%
Net Worth
-1.04%
EBITDA
0.11%

What is the Ownership and Shareholding Structure of Tungabhadra Minerals?

In 2021, Tungabhadra Minerals 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

₹14.84 Cr

Satisfied Charges

₹90.89 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 14.78 Cr
  • State Bank Of India : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
28 Apr 2005 Andhra Bank ₹6.00 Cr Open
17 Apr 1990 Andhra Bank ₹3.00 Cr Open
04 Apr 1989 Andhra Bank ₹3.53 Cr Open
23 Mar 1989 Andhra Bank ₹2.25 Cr Open
05 Oct 1968 State Bank Of India ₹0.56 M Open

How Many Employees Work at Tungabhadra Minerals?

Unlock and access historical data on people associated with Tungabhadra Minerals, 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 Tungabhadra 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 Tungabhadra 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 Tungabhadra Minerals

Recent activity within the organization

  • Annual General Meeting

    Tungabhadra Minerals Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Director Appointment

    Zohra Jabeen was appointed as a Nominee Director was appointed as a Nominee Director on 06 Jul 2024 & has been associated with this company since 6 months 28 days .

    06 Jul 2024

  • Balance Sheet

    Tungabhadra Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Jayavibhava Swamy was appointed as a Nominee Director was appointed as a Nominee Director on 24 Jul 2023 & has been associated with this company since 1 year 6 months .

    24 Jul 2023

  • Charges

    A charge registered on 05 Oct 2005 via Charge ID 90381442 with Canara Bank was fully satisfied on 13 Sep 2022.

    13 Sep 2022

  • Charges

    A charge registered on 21 Dec 2007 via Charge ID 10094586 with Bank Of India was fully satisfied on 11 Aug 2022.

    11 Aug 2022

Frequently asked questions

  • Tungabhadra Minerals Private Limited was incorporated on 27 Apr 1971.

  • The authorized share capital of Tungabhadra Minerals Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.20 Cr.

  • Currently 9 directors are associated with Tungabhadra Minerals Private Limited.

    • Arjun Anil Salgaocar
    • Sameer Anil Salgaocar
    • Nitin Virendrakumar Sud
    • Subramany
    • Jayant Krishanath Gaunker
    • Jayavibhava Swamy
    • Mallikarjun Sarapur
    • Ashish Prabhu Verlekar
    • Zohra Jabeen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tungabhadra Minerals Private Limited is No. 622/3 2Nd Floor Shree Saptagiri Enclave College Road, India, Hospet, Karnataka, 583201.

  • The corporate identification number (CIN) of Tungabhadra Minerals Private Limited is U14200KA1971PTC002035 and the company number is 002035 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Tungabhadra Minerals Private Limited has fallen by -31.83%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Tungabhadra Minerals Private Limited has experienced an downturn of -1.04%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Tungabhadra Minerals Private Limited amount to ₹ 14.84 Cr.

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

People also Viewed

Similar Companies Based on Mining & Mineral Extraction