Aries Minerals Private Limited
About Aries Minerals Private Limited
Data last updated:
Aries Minerals Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 10 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13200OR2010PTC012111. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors Debendra Kumar Panda (Managing Director) and Sumitra Panda.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No 924 Nigamananda Nagar Lane – 2 Bomikhal Rasulgarh, Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.03 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.49 Lakh (net margin -144.7%) and EBITDA of ₹9,000 (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 68% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Aries Minerals Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 924 Nigamananda Nagar Lane – 2 Bomikhal Rasulgarh, Bhubaneswar, Odisha, India – 751010
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Aries Minerals 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
Business activity
The main business activity of Aries Minerals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Aries Minerals Private Limited, buy the company report.
Financials of Aries Minerals Private Limited
FY 2022 filings availableAries Minerals Private Limited reported revenue of ₹1.03 Lakh (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 99% fall in the latest year. EBITDA rose 101% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹9,000 | ||||
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| Net Profit (PAT) | -₹1.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | -144.7% | ||||
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To see the full financial statements and ratios of Aries Minerals Private Limited, buy the company report.
Board of directors of Aries Minerals Private Limited
Aries Minerals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debendra Kumar Panda | Managing Director | 10 Sep 2010 | 16 Years 1 Months | Current |
| Sumitra Panda | Director | 14 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Aries Minerals Private Limited is audited by Dilip Samir & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dilip Samir & Associates | FY 2017 | 324349E |
Shareholding
The shareholding of Aries Minerals 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 Aries Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2012 | 10393634 | State Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Aries Minerals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Aries Minerals Private Limited has 1 court case on record: 1 filed by Aries Minerals. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Aries Minerals 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 Aries Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aries Minerals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aries Minerals Private Limited, buy the company report.
Recent activity
Aries Minerals Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Amiya Kanta Das ceased to be Managing Director on 19 Jan 2011.
Frequently asked questions
Aries Minerals is an active private limited company based in Bhubaneswar, Odisha, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 10 June 2010 (16+ years old) and is registered under CIN U13200OR2010PTC012111.
Aries Minerals has 2 current directors:
- Debendra Kumar Panda - Managing Director
- Sumitra Panda - Director
The latest financial statements of Aries Minerals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Aries Minerals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aries Minerals is U13200OR2010PTC012111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aries Minerals has 1 court case on record: 1 filed by the company.
Aries Minerals was incorporated on 10 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
Amiya Kanta Das ceased to be Managing Director on 19 Jan 2011. Parsuram Dash ceased to be Director on 19 Jan 2011. Debendra Kumar Panda ceased to be Director on 14 Jan 2011. Aries Minerals has 5 board changes on record in total.
The registered office of Aries Minerals is at Plot No 924 Nigamananda Nagar Lane – 2 Bomikhal Rasulgarh, Bhubaneswar, Odisha, India – 751010.
Aries Minerals operates in the chemicals and materials industry, in the organic chemicals and compounds segment.