About Minepro
Minepro is a Natural Resources company based in Mandvi (India). Minepro is engaged in mining and processing bentonite clay. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Its Indian entity Minepro Minerals Private Limited reported revenue of βΉ24.71 Cr. Minepro offers products and services including Bentonite, Organoclay, and Cat Litter. Its focus areas include Mining, Mineral Extraction and Bentonite Mining.
Company details
Minepro is involved in the mining and processing of sodium and calcium-based bentonite clay from captive mines in the Kutch region of Gujarat, India. Operations are focused on providing multi-mineral solutions for industries such as foundry, construction, oil drilling, agriculture, and cosmetics. A range of products including bentonite, organoclay, and cat litter are offered to meet diverse customer needs. Customized solutions are developed through innovation and research at their Knowledge and Innovation Centre in Gujarat.
- Headquarters Mandvi, India
- SectorsNatural Resources
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- Website minepro.net
- Legal Name Minepro Minerals Private Limited
- Date of Incorporation 02 Apr, 2009
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹24.71 Cr
FY 2023 · +377% YoY
- Net Profit₹21.1 Lakh
FY 2023 · 1% margin
- EBITDA₹74.1 Lakh
FY 2023 · 3% margin
- Latest Funding Round$700K (USD), Token Sale
Aug 2024
Associated legal entities of Minepro
Minepro operates through Minepro Minerals Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Minepro Minerals Private Limited CIN U14200MH2009PTC191425 | Active | 02 Apr 2009 | Mumbai, Maharashtra | ₹24.7 Cr | 5 | View details |
Products & Services of Minepro
Minepro offers a comprehensive portfolio of products and services, including Bentonite, Organoclay, and Cat Litter.
Bentonite is used in various industrial applications.
Organoclay is utilized as a rheological additive product.
Cat litter is made from natural clay sources.
Funding Insights of Minepro
- Total Rounds 1
- Last Round Token Sale β $700,000
- First Round $700,000
(Aug 2024)
All 1 funding rounds of Minepro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $700,000 | Token Sale | β | β | β |
Board of directors of Minepro Minerals Private Limited (Minepro)
Minepro Minerals Private Limited is the primary company behind Minepro. The board of Minepro Minerals Private Limited currently have 5 directors; the longest-serving is Dhaval Kishore Desai, appointed in 2009. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhaval Kishore Desai DIN 02457457 | Managing Director | 02 Apr 2009 | 17 yrs 6 mo | Minepro Minerals Private Limited |
| Utkarsh Gupta DIN 09521337 | Director | 27 Feb 2022 | 4 yrs 8 mo | Minepro Minerals Private Limited |
| Abhishek Jitendra Doshi DIN 09521338 | Director | 27 Feb 2022 | 4 yrs 8 mo | Minepro Minerals Private Limited |
| Amit Sharma DIN 02002424 | Director | 30 Sep 2022 | 4 yrs 1 mo | Minepro Minerals Private Limited |
| Abhishek Sharma DIN 02002375 | Director | 30 Sep 2022 | 4 yrs 1 mo | Minepro Minerals Private Limited |
Financials of Minepro
Figures of Minepro Minerals Private Limited, the primary company behind Minepro, for FY 2023. Revenue was ₹24.71 Cr (+377% year on year). Net profit was ₹21.1 Lakh (1% margin). EBITDA was ₹74.1 Lakh (3% margin). Revenue has grown at a compounded annual rate of +70% over three years and +29% over five years.
- ₹24.71 CrRevenue · FY 2023 · +377% YoY
- ₹21.1 LakhNet profit · 1% margin
- ₹74.1 LakhEBITDA · 3% margin
- ₹1.00 CrPaid-up capital
- +70%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Minepro Minerals Private Limited are on its company page.
Detailed financial statements for Minepro
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Minepro
Minepro is headquartered in Mandvi, India. It is registered at Mandvi, Gujarat, India.
The primary company behind Minepro, Minepro Minerals Private Limited, reported revenue of βΉ24.71 Cr for FY 2023, up 377% year on year.
Minepro is involved in the mining and processing of sodium and calcium-based bentonite clay from captive mines in the Kutch region of Gujarat, India. Operations are focused on providing multi-mineral solutions for industries such as foundry, construction, oil drilling, agriculture, and cosmetics. A range of products including bentonite, organoclay, and cat litter are offered to meet diverse customer needs. Customized solutions are developed through innovation and research at their Knowledge and Innovation Centre in Gujarat.
Minepro offers Bentonite, Organoclay, and Cat Litter.
Minepro operates through Minepro Minerals Private Limited.
The legal entities of Minepro currently have 5 directors, including Dhaval Kishore Desai, Utkarsh Gupta, Abhishek Jitendra Doshi and others.
