Western Ministil Limited

Produces steel ingots and semi-finished steel products since 1972 in Mumbai, Maharashtra.

1972 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Western Ministil Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.16 Cr
  • Company Age 52 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 20.65 Cr
  • Revenue Growth %
  • Profit Growth 6.09%
  • Ebitda 5.82%
  • Net Worth -3.27%
  • Total Assets -84.79%

About Western Ministil

Western Ministil Limited (WML) was founded in India on 03 August 1972 and has a glorious history of 52 years and six months.Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504998.

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 10.00 Cr and a paid-up capital of Rs 2.16 Cr.

The company has closed loans amounting to ₹20.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Western Ministil Limited India are Gyaneshwar Singh as COMPANY SECRETARY and Ajit Honyalkar as Cfo. Prithviraj Parikh, Sharmila Chitale, and Radhakrishana Menon serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    westernministil.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L28932MH1972PLC015928

  • Company No.

    015928

  • Stock Symbol

    BSE : 504998

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 1972

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Western Ministil?

Executive Team (2)

NameDesignationAppointment DateStatus
Gyaneshwar Singh Country flag representing In Company Secretary29-Jan-2019Current
Ajit Honyalkar Country flag representing In CFO10-Nov-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Sharmila Chitale Country flag representing In Director 27-Mar-2015Current
Prithviraj Parikh Country flag representing In Director 01-Feb-1973Current
Radhakrishana Menon Country flag representing In Director 27-Mar-1991Current

Financial Performance of Western Ministil.

Western Ministil Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 6.09% increase in profit. The company's net worth dipped by a decrease of 3.27%.

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
Revenue from Operations
Total Assets
-84.79%
Profit or Loss
6.09%
Net Worth
-3.27%
EBITDA
5.82%

What is the Ownership and Shareholding Structure of Western Ministil?

In 2022, Western Ministil had a promoter holding of 49.00% and a public holding of 51.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹20.65 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 18.98 Cr
  • Industrial Development Bank Of India : 1.00 Cr
  • Icici Limited : 0.45 Cr
  • The Andhra Bank Ltd. : 0.17 Cr
  • Andhra Bank Ltd. : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 1990Dena Bank₹14.75 CrSatisfied
10 Feb 1990Industrial Development Bank Of India₹1.00 CrSatisfied
11 Apr 1988Icici Limited₹4.50 MSatisfied
06 Dec 1985Dena Bank₹3.89 CrSatisfied
30 Jan 1985Dena Bank₹1.32 MSatisfied

How Many Employees Work at Western Ministil?

Unlock and access historical data on people associated with Western Ministil, 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 Western Ministil, 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 Western Ministil'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 Western Ministil

Recent activity within the organization

  • Annual General Meeting

    Western Ministil Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Western Ministil Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Gyaneshwar Singh was appointed as a Company Secretary was appointed as a Company Secretary on 29 Jan 2019 & has been associated with this company since 6 years 27 days .

    29 Jan 2019

  • Director Appointment

    Ajit K Honyalkar was appointed as a Cfo was appointed as a Cfo on 10 Nov 2015 & has been associated with this company since 9 years 3 months .

    10 Nov 2015

  • Director Appointment

    Sharmila Sudip Chitale was appointed as a Director was appointed as a Director on 27 Mar 2015 & has been associated with this company since 9 years 11 months .

    27 Mar 2015

  • Charges

    A charge registered on 10 Feb 1990 via Charge ID 90239471 with Industrial Development Bank Of India was fully satisfied on 19 Jun 2000.

    19 Jun 2000

Frequently asked questions

  • Western Ministil Limited was incorporated on 03 Aug 1972.

  • The authorized share capital of Western Ministil Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.16 Cr.

  • Currently 5 directors are associated with Western Ministil Limited.

    • Prithviraj Somchand Parikh
    • Gyaneshwar Singh
    • Ajit K Honyalkar
    • Sharmila Sudip Chitale
    • Radhakrishana Parakkat K Menon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Western Ministil Limited is Mittal Tower A Wing16Th Floor Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Western Ministil Limited is L28932MH1972PLC015928 and the company number is 015928 as per Ministry of Corporate Affairs (MCA).

  • Yes, Western Ministil Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Western Ministil Limited is https://www.westernministil.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Western Ministil Limited has experienced an downturn of -3.27%.

  • The most recent Balance Sheet for Western Ministil Limited was filed with the ROC on 31 Mar 2024.

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