Gujarat Mineral Development Corporation Limited logo

Gujarat Mineral Development Corporation Limited

Develops mineral resources such as lignite, bauxite, fluorspar, silica sand, limestone, bentonite, and ball clay.

1963 Ahmedabad, Gujarat (India) Active

About

Basic Data Updated:

1 month ago
Gujarat Mineral Development Corporation Limited (GMDCL) was founded in India on 15 May 1963 and has a glorious history of 61 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532181 and on the National Stock Exchange(NSE) under GMDCLTD.

The Corporate was formerly known as Gujarat Mineral Development Corporation (Private) Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 150.00 cr and a paid-up capital of Rs 63.60 cr.

The Corporate currently has active open charges totaling ₹1,191.00 cr. It has already closed loans amounting to ₹1,116.00 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Mineral Development Corporation Limited India are Joel Evans as Company Secretary and Lavanya Kulshrestha as Cfo. Nitin Shukla, Hasmukh Adhia, Satyanarayan Dangayach, and Five other members serve as directors at the Company.

Industry

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL14100GJ1963SGC001206
Company No.001206
Stock Symbol BSE : 532181 NSE : GMDCLTD
Company ClassificationPublic Limited State Government Company
Incorporation Date15 May 1963
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Ahmedabad

Financials of Gujarat Mineral Development Corporation Limited

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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%.

Corporate Structure

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Unlock access to Gujarat Mineral Development Corporation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Gujarat Mineral Development Corporation Limited

Executive Team (3)

  • RS

    Roopwant Singh In Managing Director

    Appointment Date: 14-Jun-2021

    Status: Current

  • JE

    Joel Evans In Company Secretary

    Appointment Date: 08-Aug-2005

    Status: Current

  • LK

    Lavanya Kulshrestha In CFO

    Appointment Date: 29-May-2014

    Status: Current

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹1,191.00 cr

₹1,116.00 cr

LenderAmountStatus

Power Finance Corporation Of India

Creation Date: 06 Feb 2003
₹1,116.00 CrOpen

Abu Dhabi Commercial Bank Ltd.

Creation Date: 31 Jul 2002
₹10.00 CrOpen

Union Bank Of India

Creation Date: 31 May 2002
₹25.00 CrOpen

Deals i

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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

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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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.

Related Corporates (Common Directorship)

  • Gujarat Industrial And Technical Consultancy Organisation Limited

    Gujarat Industrial And Technical Consultancy Organisation Limited

    Active build-icon 45 years 5 months

    Roopwant Singh is a mutual person

  • Gujarat Guardian Limited

    Gujarat Guardian Limited

    Active build-icon 34 years 4 months

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  • Dahej Sez Limited

    Dahej Sez Limited

    Active build-icon 19 years 9 months

    Syed Haider is a mutual person

  • Acc Limited

    Acc Limited

    Active build-icon 87 years 10 months

    Nitin Shukla is a mutual person

  • Gcap World Softech Private Limited

    Gcap World Softech Private Limited

    Active build-icon 3 years 11 months

    Gauri Kumar is a mutual person

  • Gujarat Foundation For Entrepreneurial Excellence

    Gujarat Foundation For Entrepreneurial Excellence

    Active build-icon 12 years 9 months

    Nitin Shukla, Satyanarayan Dangayach and 2 more are mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Gujarat Mineral Development Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Director Appointment

    Syed Jawaid Haider was appointed as a Director was appointed as a Director on 17 Aug 2023 & has been associated with this company since 10 months 5 days .

    17 Aug 2023
  • Activity

    Director Appointment

    Arti Kanwar was appointed as a Director was appointed as a Director on 17 Aug 2023 & has been associated with this company since 10 months 5 days .

    17 Aug 2023
  • Activity

    Director Appointment

    Hasmukh Adhia was appointed as a Director was appointed as a Director on 19 Jun 2023 & has been associated with this company since 1 year 3 days .

    19 Jun 2023
  • Activity

    Balance Sheet

    Gujarat Mineral Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Gujarat Mineral Development Corporation Limited?

Gujarat Mineral Development Corporation Limited was incorporated 61 years 1 month ago on 15 May 1963 with Registrar of Companies Roc Ahmedabad.

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