Global Minetec Limited
About Global Minetec Limited
Data last updated:
Global Minetec Limited is a public limited company based in New Delhi, Delhi, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 04 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29246DL1999PLC098656. Its GSTIN is 07AABCG3859M1Z7 (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.89 Cr. It is led by directors including Yuvraj Singh Solanki and Manisha Solanki.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 2 First Floor Sector – 8 Market R. K. Puram, New Delhi, Delhi, India – 110022.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.18 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.62 Cr (net margin 13.6%) and EBITDA of ₹15.26 Cr (EBITDA margin 27.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 19% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹10.97 Cr and satisfied charges of ₹74.17 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹38.56 Cr; the latest was in February 2015. Its 10 peer companies in the Metals and Minerals industry (Mining) are compared by revenue, 5 larger and 5 smaller; the largest is Vasudha Steels Limited with revenue of ₹57.99 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address# 2 First Floor Sector – 8 Market R. K. Puram, New Delhi, Delhi, India – 110022
- 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
- One PDF report, delivered after checkout
Business Activity of Global Minetec Limited
The main business activity of Global Minetec is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Global Minetec Limited FY 2024 filings available
Global Minetec Limited reported revenue of ₹56.18 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Global Minetec Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 15% growth in the latest year. EBITDA rose 202% 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 of Global Minetec Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.62 Cr | •••• | •••• | •••• | •••• |
| 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 of Global Minetec Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Global Minetec are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Global Minetec Limited
Global Minetec Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasudha Steels Limited | ₹57.99 Cr (FY 2018) | •••• | •••• | 53.0% | •••• | Delhi, India |
| Horizon Assignments (India) Private Limited | ₹57.64 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Pune, Maharashtra, India |
| Tirupati Drilling & Mining Services Private Limited | ₹57.53 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Jharsuguda, Odisha, India |
| Galaxy Mining Private Limited | ₹57.12 Cr (FY 2021) | •••• | •••• | 914.0% | •••• | Jaipur, Rajasthan, India |
| N.K Minerals Private Limited | ₹57.07 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Barbil, Odisha, India |
| Global Minetec Limited this company | ₹56.18 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| GLR Mines and Minerals Private Limited | ₹56.17 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Chennai, Tamil Nadu, India |
| Manna Industries Limited | ₹55.99 Cr (FY 2022) | •••• | •••• | 52.0% | •••• | Hyderabad, Telangana, India |
| Vasundhara Power and Infrastructure Private Limited | ₹55.08 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | Hemgir, Odisha, India |
| Uttarakhand Stone Products Private Limited | ₹55.03 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Haldwani, Uttarakhand, India |
| Gainwell Engineering Services Private Limited | ₹54.72 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Global Minetec by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Global Minetec Limited
Global Minetec Limited is audited by RAMAN CHAWLA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMAN CHAWLA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Global Minetec Limited
Global Minetec has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yuvraj Singh Solanki Also directs: Sainik Potash Private Limited, Sainik Infratec Private Limited, Jagganath Tirupati Sugar (India) Private Limited and 5 more | Director | 10 Oct 2016 | 10 Years 0 Months | Current |
| Manisha Solanki | Director | 27 Sep 2021 | 5 Years 0 Months | Current |
| Himmat Singh Bedla Also directs: K5 Mining Private Limited, Sainik Infratec Private Limited, Thriveni Sainik PBNW Private Limited and 1 more | Director | 20 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Global Minetec Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Global Minetec Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2020 | Others | ₹1.05 Cr | Open |
| 29 May 2006 | Icici Bank Ltd | ₹2.3 Cr | Open |
| 30 Jun 2005 | Icici Bank Ltd | ₹5.22 Cr | Open |
| 25 Jun 2005 | Soei Infrastructure Finance Limited | ₹2.4 Cr | Open |
| 08 Dec 2016 | Hdfc Bank Limited | ₹1.09 Cr | Satisfied |
Total charge records: 18 View all charges
Deals & Funding of Global Minetec Limited
Global Minetec Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹38.56 Cr; the latest was in February 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Maneesha Finlease Limited Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Maneesha Finlease Limited Seller: Mystery Finlease Private Limited , Today Leasecfin Private Limited , 2 individuals |
| Jan 2013 | Funding round | ₹38.56 Cr | Investors: XLR Capital(Cyprus) Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Global Minetec Limited
Global Minetec Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pali, Rajasthan | Court case (Complaint) | Filed against the company by State | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Global Minetec Limited
Employment history and EPFO contributions of people linked to Global Minetec.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Global Minetec Limited
Global Minetec has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Rajasthan Explosives And Chemicals Limited | U24292MH1979PLC409419 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Global Minetec Limited
Global Minetec Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Manisha Solanki ceased to be Additional Director on 30 Nov 2021.
36 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Global Minetec Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Global Minetec Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Global Minetec Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Global Minetec Limited
Global Minetec has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCG3859M1Z7 | Delhi | Active | 01 Jul 2017 |
| 21AABCG3859M2ZG | Odisha | Active | 05 Jan 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Global Minetec Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Global Minetec Limited
Global Minetec is an active public limited company based in New Delhi, Delhi, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 04 March 1999 (27+ years old) and is registered under CIN U29246DL1999PLC098656.
Global Minetec reported revenue of ₹56.18 Cr for FY 2024 (up 15% YoY).
Global Minetec has 3 current directors:
- Yuvraj Singh Solanki - Director
- Manisha Solanki - Director
- Himmat Singh Bedla - Director
Global Minetec reported a net profit of ₹7.62 Cr (net margin 13.6%) and EBITDA of ₹15.26 Cr (EBITDA margin 27.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Global Minetec is -28% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Global Minetec is 07AABCG3859M1Z7, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AABCG3859M2ZG (Odisha).
The CIN (Corporate Identification Number) of Global Minetec is U29246DL1999PLC098656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Minetec has 2 court cases on record: 2 filed against it.
Global Minetec was incorporated on 04 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Global Minetec has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹38.56 Cr; the latest was in February 2015.
The peers of Global Minetec by revenue are Vasudha Steels Limited, Horizon Assignments (India) Private Limited, Tirupati Drilling & Mining Services Private Limited, Galaxy Mining Private Limited, N.K Minerals Private Limited and 5 more, all in the Metals and Minerals industry (Mining).