About Fomento Resources Private Limited
Data last updated: 22 December 2025
Fomento Resources Private Limited is a private limited company based in Panaji, Goa, India. It specialises in metals retail and distribution, a part of the broader metals and mining sector. Incorporated on 08 July 2010, the company has been in operation for over 16 years.
Registered with ROC Goa under CIN U13209GA2010PTC006440.
Capital: an authorised share capital of ₹16 Lakh and a paid-up capital of ₹2.4 Lakh. It is led by directors including Shafeeq Ismail Mitha and Rajiv Kumar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 102 1St Floor Kamat Metropolis – I Behind Caculo Mall St Inez, Panaji, Goa, India – 403001.
As per the financials filed for FY 2024, the company reported a revenue of ₹660.96 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 34 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand - Fomento Resources. As per MCA filings, the company has open charges of ₹1,141.43 Cr and satisfied charges of ₹1,356.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fomento.com.
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Registered Address102 1St Floor Kamat Metropolis – I Behind Caculo Mall St Inez, Panaji, Goa, India – 403001
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IndustryMetals and Minerals, Metal Retail & Distribution, Mining & Mineral Extraction
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Fomento Resources Private Limited
Fomento Resources Private Limited operates one associated brand: Fomento Resources. These brands represent Fomento Resources Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Mineral exploration and development services are provided globally. | fomento.com |
Business Activity of Fomento Resources Private Limited
Fomento Resources Private Limited is engaged in the principal business activity of mining and quarrying, with detailed activities including mining of metal ores.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores | Locked |
Business activity turnover details for Fomento Resources Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Fomento Resources Private Limited
Fomento Resources Private Limited is audited by Sudha Suresh Pai and Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sudha Suresh Pai and Associates | Locked | Locked | Locked |
Complete auditor history for Fomento Resources Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Fomento Resources Private Limited
Fomento Resources Private Limited is currently managed by 4 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shafeeq Ismail Mitha | Director | 15 Jan 2018 | 8 Years 7 Months | Current |
| Rajiv Kumar | Director | 01 Feb 2023 | 3 Years 6 Months | Current |
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Shankar Narayan
Also directs:
Searock Advisors Llp, Innovators Resorts Pvt Ltd
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Director | 30 Apr 2019 | 7 Years 3 Months | Current |
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Ambar Auduth Timblo
Also directs:
Searock Advisors Llp, Resources Concentrates Private Limited, Resources Pellets Concentrates Private Limited and 5 more
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Director | 08 Jul 2010 | 16 Years 1 Months | Current |
Financials of Fomento Resources Private Limited FY 2024 filings available
Fomento Resources Private Limited reported revenue of ₹660.96 Cr (up 224.00% YoY) for FY 2024.
Ten-year financial statements for Fomento Resources Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Fomento Resources Private Limited
Shareholding and ownership data for Fomento Resources Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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- FII and DII holdings
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Group Structure of Fomento Resources Private Limited
Fomento Resources Private Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Fomento Resources Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Resources Concentrates Private Limited | U13100GA2007PTC005389 | Locked |
| Eyestar Finance & Leasing Private Limited | U65921GA1992PTC001257 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Fomento Resources Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2025 | Hdfc Bank Limited | ₹2.43 Cr | Open |
| 19 Feb 2025 | Yes Bank Limited | ₹50 Cr | Open |
| 07 Nov 2024 | Others | ₹30 Cr | Open |
| 27 Sep 2024 | Others | ₹145 Cr | Open |
| 17 Oct 2023 | Others | ₹690 Cr | Open |
Total charge records: 28 View all charges
Employees and EPFO Compliance at Fomento Resources Private Limited
Fomento Resources Private Limited has a workforce of 34 employees as of Mar 23, 2024.
Employee and EPFO history for Fomento Resources Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Fomento Resources Private Limited
GST registrations and filing compliance for Fomento Resources Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Fomento Resources Private Limited
Credit ratings, litigation, and regulatory alerts for Fomento Resources Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Fomento Resources Private Limited
MSME payment history for Fomento Resources Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Fomento Resources Private Limited
Corporate group structure for Fomento Resources Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Fomento Resources Private Limited
MCA filings and documents for Fomento Resources Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Fomento Resources Private Limited
Frequently Asked Questions about Fomento Resources Private Limited
Fomento Resources Private Limited is an active private limited company in the metals and minerals sector based in Panaji, Goa, India. It was incorporated on 08 July 2010 (16+ years old) and is registered under CIN U13209GA2010PTC006440. The company has 34 employees.
Fomento Resources Private Limited reported revenue of ₹660.96 Cr for FY 2024 (up 224.00% YoY).
The current directors of Fomento Resources Private Limited are:
- Shafeeq Ismail Mitha - Director
- Rajiv Kumar - Director
- Shankar Narayan - Director
- Ambar Auduth Timblo - Director
The primary industry of Fomento Resources Private Limited is metals and minerals. The company specifically operates in metal retail and distribution. The company is currently active in this sector.
Fomento Resources Private Limited can be reached at the registered office: 102 1St Floor Kamat Metropolis – I Behind Caculo Mall St Inez, Panaji, Goa, India – 403001, or through the website fomento.com.
The authorised capital is ₹16 Lakh, and the paid-up capital is ₹2.4 Lakh.