About Goodearth Minetech Private Limited
Data last updated:
Goodearth Minetech Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Gainwell Commosales Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 01 March 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U10100WB2011PTC215835. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹60 Cr and a paid-up capital of ₹59.73 Cr. It was led by directors including Meena Chaturvedi and Sunil Kumar Chaturvedi.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 705 Tower No. II Seventh Floor Plot No. 5 In Dp Sector – 5 Bidhan Nagar Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.73 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹48.22 Cr and EBITDA of -₹9.36 Cr.
Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹194 Cr on record.
The last known website on record is goodearthminetech.in.
Company details
CIN history
Goodearth Minetech has one previous CIN (Corporate Identification Number): U10100DL2011PTC215040. The current CIN is U10100WB2011PTC215835, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U10100WB2011PTC215835 | Current |
| U10100DL2011PTC215040 | Previous |
Contact details
Goodearth Minetech Private Limited's registered office is in Kolkata, West Bengal. Its website is goodearthminetech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address705 Tower No. II Seventh Floor Plot No. 5 In Dp Sector – 5 Bidhan Nagar Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Goodearth Minetech 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 Goodearth Minetech is mining and quarrying. In detail, this covers mining of metal ores.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores |
Financials of Goodearth Minetech Private Limited
FY 2017 filings availableGoodearth Minetech Private Limited reported revenue of ₹1.73 Cr (down 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.73 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹9.36 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹48.22 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 | |||
To see the full financial statements and ratios of Goodearth Minetech Private Limited, buy the company report.
Board of directors of Goodearth Minetech Private Limited
Goodearth Minetech 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 |
|---|---|---|---|---|
| Meena Chaturvedi | Director | 29 Jan 2015 | 11 Years 8 Months | As last reported |
| Sunil Kumar Chaturvedi | Director | 05 Sep 2015 | 11 Years 1 Months | As last reported |
| Khalifa Diraary A Alghanim | Director | 30 Mar 2017 | 9 Years 6 Months | As last reported |
Auditor
Goodearth Minetech Private Limited is audited by SAHIL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHIL & ASSOCIATES | FY 2017 | 025220N |
Shareholding
The shareholding of Goodearth Minetech 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 Goodearth Minetech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2016 | 100032737 | Others | ₹194 Cr | Satisfied |
To see the full charge records of Goodearth Minetech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Goodearth Minetech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Goodearth Minetech Private Limited was last rated by Icra on 17 Apr 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Apr 2017 |
To see the full credit ratings and regulatory alerts of Goodearth Minetech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goodearth Minetech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Goodearth Minetech has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tractors India Private Limited | U29150WB1995PTC072501 | |
| Tractors India Private Limited | U29150WB1995PTC072501 |
To see the full group structure of Goodearth Minetech Private Limited, buy the company report.
GST
Goodearth Minetech 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 Goodearth Minetech Private Limited, buy the company report.
Recent activity
Goodearth Minetech Private Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Khalifa Diraar'y A Alghanim ceased to be Additional Director on 26 Sep 2017.
6 earlier events are in the company report.
Frequently asked questions
Goodearth Minetech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Goodearth Minetech was a private limited company based in Kolkata, West Bengal, India. The company worked in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 01 March 2011 and is registered under CIN U10100WB2011PTC215835. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Goodearth Minetech was incorporated on 01 March 2011. It is registered with the Registrar of Companies, Kolkata.
Goodearth Minetech had 3 directors:
- Meena Chaturvedi - Director
- Sunil Kumar Chaturvedi - Director
- Khalifa Diraary A Alghanim - Director
The CIN (Corporate Identification Number) of Goodearth Minetech is U10100WB2011PTC215835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Goodearth Minetech is at 705 Tower No. II Seventh Floor Plot No. 5 In Dp Sector – 5 Bidhan Nagar Salt Lake, Kolkata, West Bengal, India – 700091.
Goodearth Minetech can be reached through the website goodearthminetech.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Goodearth Minetech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 26 September 2017. Year-wise statements from 2015 are in the company report.
No. Goodearth Minetech has 1 GST registration on record and it is cancelled or inactive.
Goodearth Minetech operated in the metals and minerals industry, in the mining and mineral extraction segment.