- #561 Dilip Chunilal Chandan & family ₹6,000 Cr

Indic Geo Resources Private Limited
About Indic Geo Resources Private Limited
Data last updated:
Indic Geo Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 31 October 2014 and has been in existence for over 12 years.
Its director Dilip Chunilal Chandan and family are #561 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC259054. Its GSTIN is 27AADCI6716K1ZB (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors Dilip Chunilal Chandan and Chirag Dilip Chandan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No.504 5th Floor Sukh Sagar N. S. Patkar Marg Girgaon Chowpaty, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.7 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹39.34 Lakh (net margin -173.3%) and EBITDA of ₹19.71 Lakh (EBITDA margin 86.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Indic Geo Resources
Contact details
Indic Geo Resources Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.504 5th Floor Sukh Sagar N. S. Patkar Marg Girgaon Chowpaty, Mumbai, Maharashtra, India – 400007
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Indic Geo Resources 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
Financials of Indic Geo Resources Private Limited
FY 2025 filings availableIndic Geo Resources Private Limited reported revenue of ₹22.7 Lakh (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year. EBITDA fell 35% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹19.71 Lakh | ||||
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| Net Profit (PAT) | -₹39.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 86.8% | ||||
| Net Profit Margin | -173.3% | ||||
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To see the full financial statements and ratios of Indic Geo Resources Private Limited, buy the company report.
Board of directors of Indic Geo Resources Private Limited
Indic Geo Resources has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Chunilal Chandan | Director | 31 Oct 2014 | 11 Years 11 Months | Current |
| Chirag Dilip Chandan Also directs: Uniworld Graphite Industries Private Limited, Trimet Alloys & Marketing Private Limited, Chandan Steel Limited and 5 more | Director | 31 Oct 2014 | 11 Years 11 Months | Current |
Peer comparison
Indic Geo Resources Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mukund Stone Private Limited | ₹23.02 Lakh (FY 2024) | -46.0% | Jigni Bangalore, Karnataka, India | |||
| PM Geo Exploration India Private Limited | ₹23 Lakh (FY 2023) | Bangalore, Karnataka, India | ||||
| Easternrange Coal Mining Private Limited | ₹22.91 Lakh (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Crush Tech Black Rock Developers Private Limited | ₹22.88 Lakh (FY 2025) | 1.0% | Karunagappally, Kerala, India | |||
| J.S. Tiles and Slabs Private Limited | ₹22.8 Lakh (FY 2024) | -3.0% | Alwar, Rajasthan, India | |||
| Indic Geo Resources Private Limitedthis company | ₹22.7 Lakh (FY 2025) | -₹39.34 Lakh | -173.3% | -29.0% | Mumbai, Maharashtra, India | |
| Alok Granite Mining Private Limited | ₹22.58 Lakh (FY 2024) | 1272.0% | Ilkal, Karnataka, India | |||
| Ecolex Industrial Products Private Limited | ₹22.49 Lakh (FY 2024) | -84.0% | Gandhinagar, Gujarat, India | |||
| Shiv Shakti Granimarmo Private Limited | ₹22.41 Lakh (FY 2025) | -41.0% | Jalore, Rajasthan, India | |||
| G. Kharsati Lime Industry Private Limited | ₹22.35 Lakh (FY 2024) | 28.0% | Shillong, Meghalaya, India | |||
| Mesco Steels Limited | ₹22.28 Lakh (FY 2024) | -97.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Indic Geo Resources Private Limited, buy the company report.
Auditor
Indic Geo Resources Private Limited is audited by SHAH & TAPARIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & TAPARIA | FY 2017 | 109463W |
Shareholding
The shareholding of Indic Geo Resources Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indic Geo Resources Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indic Geo Resources Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indic Geo Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indic Geo Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI6716K1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indic Geo Resources Private Limited, buy the company report.
Recent activity
Indic Geo Resources Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Chirag Dilip Chandan was appointed as Director on 31 Oct 2014.
Frequently asked questions
Indic Geo Resources is an active private limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 31 October 2014 (12+ years old) and is registered under CIN U74999MH2014PTC259054.
Indic Geo Resources has 2 current directors:
- Dilip Chunilal Chandan - Director
- Chirag Dilip Chandan - Director
The latest financial statements of Indic Geo Resources on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indic Geo Resources is 27AADCI6716K1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indic Geo Resources is U74999MH2014PTC259054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indic Geo Resources was incorporated on 31 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Indic Geo Resources by revenue are Mukund Stone Private Limited, PM Geo Exploration India Private Limited, Easternrange Coal Mining Private Limited, Crush Tech Black Rock Developers Private Limited, J.S. Tiles and Slabs Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Chirag Dilip Chandan was appointed as Director on 31 Oct 2014. Dilip Chunilal Chandan was appointed as Director on 31 Oct 2014.
The registered office of Indic Geo Resources is at Flat No.504 5th Floor Sukh Sagar N. S. Patkar Marg Girgaon Chowpaty, Mumbai, Maharashtra, India – 400007.
Indic Geo Resources operates in the metals and minerals industry, in the mining and mineral extraction segment.
The compliance status of Indic Geo Resources is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.