
Suktolim Mines Private Limited
About Suktolim Mines Private Limited
Data last updated:
Suktolim Mines Private Limited is a private limited company based in Panaji, Goa, India. It operates in the magnetite segment of the mining sector. It was incorporated on 30 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U13100GA1983PTC000537.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arjun Anil Salgaocar and Jayant Krishanath Gaunker.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salgaocar Bhavan Plot Number – 15 Altinho, Panaji, Goa, India – 403001.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Suktolim Mines Private Limited's registered office is in Panaji, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSalgaocar Bhavan Plot Number – 15 Altinho, Panaji, Goa, India – 403001
- IndustryMining, Magnetite, Mining, Iron Ores Includes Mining Of Hematite
To see the full contact details of Suktolim Mines Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Suktolim Mines Private Limited
FY 2025 filings availableSuktolim Mines Private Limited reported revenue of ₹35 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹35 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Suktolim Mines Private Limited, buy the company report.
Board of directors of Suktolim Mines Private Limited
Suktolim Mines has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Anil Salgaocar Also directs: Greenpark Mining Services LLP, Babuso Agro Marine Company Private Limited, Balaji Mines and Minerals Private Limited and 5 more | Director | 27 Mar 2015 | 11 Years 7 Months | Current |
| Jayant Krishanath Gaunker Also directs: Babuso Agro Marine Company Private Limited, Balaji Mines and Minerals Private Limited, Salitho Ores Private Limited and 5 more | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Suktolim Mines Private Limited is audited by KAREN FURTADO & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAREN FURTADO & ASSOCIATES | FY 2017 | 132647W |
Shareholding
The shareholding of Suktolim Mines Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Suktolim Mines Private Limited, buy the company report.
Legal cases
Suktolim Mines Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (LC) | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Suktolim Mines Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Suktolim Mines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Suktolim Mines Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Suktolim Mines Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Jayant Krishanath Gaunker ceased to be Additional Director on 20 Sep 2019.
2 earlier events are in the company report.
Frequently asked questions
Suktolim Mines is an active private limited company based in Panaji, Goa, India. The company works in magnetite, within the mining industry. It was incorporated on 30 May 1983 (43+ years old) and is registered under CIN U13100GA1983PTC000537.
Suktolim Mines has 2 current directors:
- Arjun Anil Salgaocar - Director
- Jayant Krishanath Gaunker - Director
The latest financial statements of Suktolim Mines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Suktolim Mines is U13100GA1983PTC000537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suktolim Mines has 2 court cases on record: 2 filed against it.
Suktolim Mines was incorporated on 30 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Goa.
Jayant Krishanath Gaunker ceased to be Additional Director on 20 Sep 2019. Gopalakrishna ceased to be Director on 24 Apr 2019. Jayant Krishanath Gaunker was appointed as Director on 24 Apr 2019. Suktolim Mines has 11 board changes on record in total.
The registered office of Suktolim Mines is at Salgaocar Bhavan Plot Number – 15 Altinho, Panaji, Goa, India – 403001.
Suktolim Mines operates in the mining industry, in the magnetite segment.
The compliance status of Suktolim Mines is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.

