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Gujarat Mineral Development Corporation Limited - Company Profile

It is a metals and minerals public limited state government company based in Ahmedabad, Gujarat, India, established in 1963.

1963 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Gujarat Mineral Development Corporation Limited

Gujarat Mineral Development Corporation Limited, a active public limited state government company, was established on 15 May 1963 in Ahmedabad, Gujarat, India. Engaging in mining & mineral extraction within the electricity, gas, steam and air condition supply sector, it holds CIN: L14100GJ1963SGC001206. Registered under ROC Roc Ahmedabad. it is listed on BSE: 532181 and NSE: GMDCLTD. It has an authorized capital of ₹150.00 Cr and a paid-up capital of ₹63.60 Cr.

Formerly known as Gujarat Mineral Development Corporation (Private) Limited. It upholds a compliant status. In 2022, it reported revenue of ₹2,887.59 Cr and a net worth of ₹4,731.14 Cr. Its leadership includes Roopwant Singh (Managing Director), Shailesh Gandhi (Director), Sharvil Pankajbhai Patel (Additional Director). Past directors included Arvind Motilal Agarwal, Prem Gera Kumar, Jose Cheeramattam. It holds ₹1,191.00 Cr open charges and ₹1,116.00 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Khanij Bhavan Near Gujarat University Ground 132 Ft Ring Road Vastrapur, Ahmedabad, Gujarat, 380052.

Company Details

  • CIN/LLPIN

    L14100GJ1963SGC001206

  • Registration Number

    001206

  • Incorporation Date

    15 May 1963

  • Authorized Capital

    ₹150.00 Cr

  • Paid-Up Capital

    ₹63.60 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 532181, NSE: GMDCLTD)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 63.60 Cr
  • Company Age 62 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,191.00 Cr
  • Satisfied Charges ₹ 1,116.00 Cr
  • Revenue Growth 93.73%
  • Profit Growth 1098.99%
  • Ebitda 12370.54%
  • Net Worth 18.26%
  • Total Assets 19.31%
Company report

Gujarat Mineral Development Corporation Limited

Company Report FY 2025-2026

Explore comprehensive insights into Gujarat Mineral Development Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gujarat Mineral Development Corporation Limited?

Current Directors

NameDesignationAppointment DateStatus
Roopwant SinghManaging Director14 Jun 2021Current
Shailesh GandhiDirector03 Dec 2015Current
Sharvil Pankajbhai PatelAdditional Director17 Jan 2025Current
Gauri KumarDirector07 Jun 2019Current
Arti KanwarDirector17 Aug 2023Current
Mamta VermaDirector20 Sep 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director24 Jun 2016Past
Pramod AbcsddManaging Director18 Feb 2016Past
Pramod AbcsddManaging Director11 Feb 2008Past
Pramod AbcsddManaging Director14 Jun 2021Past
Pramod AbcsddDirector16 May 2017Past
Pramod AbcsddManaging Director01 Sep 2014Past

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Financial Performance of Gujarat Mineral Development Corporation.

Gujarat Mineral Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 93.73% increase. The company also saw a substantial improvement in profitability, with a 1098.99% increase in profit. The company's net worth Soared by an impressive increase of 18.26%.

Gujarat Mineral Development Corporation revenue growth over time
Gujarat Mineral Development Corporation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
93.73%
Revenue from Operations
113.41%
Total Assets
19.31%
Profit or Loss
1098.99%
Net Worth
18.26%
EBITDA
12370.54%

What is the Ownership and Shareholding Structure of Gujarat Mineral Development Corporation?

In 2023, Gujarat Mineral Development Corporation had a promoter holding of 74.00% and a public holding of 26.00%. The company had 3 Joint Ventures and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹11,910,000,000.00

Satisfied Charges

₹11,160,000,000.00

Charges Breakdown by Lending Institutions

  • Power Finance Corporation Of India : 1116.00 Cr
  • Bank Of India : 30.00 Cr
  • Union Bank Of India : 25.00 Cr
  • The Karur Vysya Bank Ltd. : 10.00 Cr
  • Abu Dhabi Commercial Bank Ltd. : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2003Power Finance Corporation Of India₹1,116.00 CrOpen
31 Jul 2002Abu Dhabi Commercial Bank Ltd.₹10.00 CrOpen
31 May 2002Union Bank Of India₹25.00 CrOpen
23 May 2002Bank Of India₹30.00 CrOpen
22 Mar 2002The Karur Vysya Bank Ltd.₹10.00 CrOpen

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How Many Employees Work at Gujarat Mineral Development Corporation?

Unlock and access historical data on people associated with Gujarat Mineral Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Gujarat Mineral Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gujarat Mineral Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gujarat Mineral Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gujarat Mineral Development Corporation

Recent Activity within the Organization

  • Annual General Meeting

    Gujarat Mineral Development Corporation Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Gujarat Mineral Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Rajinder Khanna was appointed as a Additional Director was appointed as a Additional Director on 10 Feb 2025 & has been associated with this company since 10 months 8 days . was completed.

  • Director Appointment

    The activity Sharvil Pankajbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 17 Jan 2025 & has been associated with this company since 11 months 2 days . was completed.

  • Director Appointment

    The activity Mamta Verma was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 1 year 3 months . was completed.

  • Director Appointment

    The activity Anupma Kartick Iyer was appointed as a Cfo was appointed as a Cfo on 26 Mar 2024 & has been associated with this company since 1 year 8 months . was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Gujarat Mineral Development Corporation Limited?

    The CIN of Gujarat Mineral Development Corporation Limited is L14100GJ1963SGC001206.

  • Where is Gujarat Mineral Development Corporation Limited headquartered?

    Gujarat Mineral Development Corporation Limited is headquartered at Khanij Bhavan Near Gujarat University Ground 132 Ft Ring Road Vastrapur, Ahmedabad, Gujarat, 380052.

  • When was Gujarat Mineral Development Corporation Limited incorporated?

    Gujarat Mineral Development Corporation Limited was incorporated on 15 May 1963.

  • Who are the current directors of Gujarat Mineral Development Corporation Limited?

    The current directors of Gujarat Mineral Development Corporation Limited are

  • What is the primary industry of Gujarat Mineral Development Corporation Limited?

    The primary industry of Gujarat Mineral Development Corporation Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Gujarat Mineral Development Corporation Limited a listed company?

    Gujarat Mineral Development Corporation Limited is listed. It is listed on BSE: 532181 and NSE: GMDCLTD.

  • What is the capital structure of Gujarat Mineral Development Corporation Limited?

    The authorized capital of Gujarat Mineral Development Corporation Limited is ₹150.00 Cr, and the paid-up capital is ₹63.60 Cr.

  • What is the compliance status of Gujarat Mineral Development Corporation Limited?

    The compliance status of Gujarat Mineral Development Corporation Limited is Compliant.

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