Develecto Mining Limited
About Develecto Mining Limited
Data last updated:
Develecto Mining Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Sical Logistics Limited. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 16 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U10200WB2018PLC282549. Its GSTIN is 19AALCS0399C1Z4 (West Bengal). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25.5 Lakh. It is led by directors including Somnath Chakraborty and Anirudh Bhattacharya.
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 Infinity Benchmark Plot No. G – 1 In Block – Ep & Gp, Sector – V Bidhannagar Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2025, the company reported a revenue of ₹421.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52.26 Cr (net margin 12.4%) and EBITDA of ₹89.97 Cr (EBITDA margin 21.3%).
As per MCA filings, the company has open charges of ₹150 Cr on record.
Company details
CIN history
Develecto Mining has one previous CIN (Corporate Identification Number): U10200TN2018PLC121501. The current CIN is U10200WB2018PLC282549, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U10200WB2018PLC282549 | Current |
| U10200TN2018PLC121501 | Previous |
Contact details
Develecto Mining Limited's registered office is in Kolkata, West Bengal.
- Registered AddressInfinity Benchmark Plot No. G – 1 In Block – Ep & Gp, Sector – V Bidhannagar Kolkata, West Bengal, India – 700091
- IndustryMetals and Minerals, Mining & Mineral Extraction
- 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 Develecto Mining is mining and quarrying. In detail, this covers mining support services activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Develecto Mining Limited, buy the company report.
Financials of Develecto Mining Limited
FY 2025 filings availableDevelecto Mining Limited reported revenue of ₹421.79 Cr (up 173% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 173% in the latest year. EBITDA rose 136% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹89.97 Cr | ||||
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| Net Profit (PAT) | ₹52.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.3% | ||||
| Net Profit Margin | 12.4% | ||||
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To see the full financial statements and ratios of Develecto Mining Limited, buy the company report.
Board of directors of Develecto Mining Limited
Develecto Mining has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somnath Chakraborty Also directs: Anusandhan Mining LLP, Orient Coal Resources Private Limited, Tara Coal Mining Private Limited and 5 more | Director | 27 Oct 2023 | 2 Years 11 Months | Current |
| Anirudh Bhattacharya | Director | 04 Nov 2023 | 2 Years 11 Months | Current |
| Ashok Kumar Biswas | Director | 27 Oct 2023 | 2 Years 11 Months | Current |
Peer comparison
Develecto Mining Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (mining support services activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahalaxmi P C Patel Consortium Private Limited | ₹454.79 Cr (FY 2025) | -7.0% | Ahmedabad, Gujarat, India | |||
| Ajantha Radha Earth Movers Private Limited | ₹445.78 Cr (FY 2025) | 133.0% | Chennai, Tamil Nadu, India | |||
| Baranj Coal Mines Private Limited | ₹423.12 Cr (FY 2024) | 46.0% | Kolkata, West Bengal, India | |||
| Develecto Mining Limitedthis company | ₹421.79 Cr (FY 2025) | ₹52.26 Cr | 12.4% | 173.0% | Kolkata, West Bengal, India | |
| Talabira (Odisha) Mining Limited | ₹421.26 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| MMPL Private Limited | ₹409.53 Cr (FY 2024) | 13.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Develecto Mining Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2024 | 101020001 | Others | ₹70 Cr | Open | |
| 19 Mar 2024 | 100882479 | Yes Bank Limited | ₹80 Cr | Open |
To see the full charge records of Develecto Mining Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Develecto Mining Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Develecto Mining Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Develecto Mining has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AALCS0399C1Z4 | West Bengal | Active | 15 Sep 2017 |
| 06AALCS0399C1ZB | Haryana | Active | 01 Jul 2017 |
| 08AALCS0399C1Z7 | Rajasthan | Active | 01 Jul 2017 |
| 20AALCS0399C1ZL | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Develecto Mining Limited, buy the company report.
Recent activity
Develecto Mining Limited has 15 board changes on record since 2018: 3 appointments and 12 cessations. The latest: Jay Bhutoria ceased to be Additional Director on 12 Jan 2026.
9 earlier events are in the company report.
Frequently asked questions
Develecto Mining is an active public limited company based in Kolkata, West Bengal, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 16 March 2018 (8+ years old) and is registered under CIN U10200WB2018PLC282549.
Develecto Mining has 3 current directors:
- Somnath Chakraborty - Director
- Anirudh Bhattacharya - Director
- Ashok Kumar Biswas - Director
The latest financial statements of Develecto Mining 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 FY 2018 are in the company report.
The GSTIN of Develecto Mining is 19AALCS0399C1Z4, registered in West Bengal. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 06AALCS0399C1ZB (Haryana), 08AALCS0399C1Z7 (Rajasthan), 20AALCS0399C1ZL (Jharkhand).
The CIN (Corporate Identification Number) of Develecto Mining is U10200WB2018PLC282549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Develecto Mining was incorporated on 16 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Develecto Mining by revenue are Mahalaxmi P C Patel Consortium Private Limited, Ajantha Radha Earth Movers Private Limited, Baranj Coal Mines Private Limited, Talabira (Odisha) Mining Limited, MMPL Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (mining support services activities).
Jay Bhutoria ceased to be Additional Director on 12 Jan 2026. Anirudh Bhattacharya ceased to be Additional Director on 30 Nov 2023. Somnath Chakraborty ceased to be Additional Director on 30 Nov 2023. Develecto Mining has 15 board changes on record in total.
The registered office of Develecto Mining is at Infinity Benchmark Plot No. G – 1 In Block – Ep & Gp, Sector – V Bidhannagar Kolkata, West Bengal, India – 700091.
Develecto Mining operates in the metals and minerals industry, in the mining and mineral extraction segment.
Develecto Mining has open charges of ₹150 Cr and no satisfied charges on record as per latest MCA filings.