About Infinium Precious Resources Limited
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Infinium Precious Resources Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 25 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51420MH2008PLC187080. Its GSTIN is 27AABCI9652G1ZD (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹9.61 Cr. It was formerly known as Infinium Precious Resources Private Limited. It is led by directors including Prashant Arvind Rege (Whole-Time Director) and Raveendra Shridhar Bhat.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No R – 76 Trans Thane Creek(Ttc)Industrial Area Rabale MIDC, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.74 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹24.96 Lakh (net margin 14.4%) and EBITDA of -₹75.49 Lakh (EBITDA margin -43.5%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website iprl.in.
Company details
CIN history
Infinium Precious Resources has one previous CIN (Corporate Identification Number): U51420MH2008PTC187080. The current CIN is U51420MH2008PLC187080, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51420MH2008PLC187080 | Current |
| U51420MH2008PTC187080 | Previous |
Contact details
Infinium Precious Resources Limited's registered office is in Navi Mumbai, Maharashtra. Its website is iprl.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No R – 76 Trans Thane Creek(Ttc)Industrial Area Rabale MIDC, Navi Mumbai, Maharashtra, India – 400701
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Infinium Precious Resources 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 Infinium Precious Resources Limited
FY 2020 filings availableInfinium Precious Resources Limited reported revenue of ₹1.74 Cr (down 73% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over three years, including a 73% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.74 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹75.49 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹24.96 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -43.5% | |||
| Net Profit Margin | 14.4% | |||
| 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 Infinium Precious Resources Limited, buy the company report.
Board of directors of Infinium Precious Resources Limited
Infinium Precious Resources has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raveendra Shridhar Bhat | Additional Director | 24 Sep 2020 | 6 Years 1 Months | Current |
| Subramanian Jagadish | Additional Director | 05 Mar 2021 | 5 Years 7 Months | Current |
| Prashant Arvind Rege | Whole-Time Director | 25 Sep 2008 | 18 Years 1 Months | Current |
Auditor
Infinium Precious Resources Limited is audited by BHAVESH CHITALIYA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVESH CHITALIYA & CO | FY 2018 | 130238W |
Shareholding
The shareholding of Infinium Precious Resources Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Infinium Precious Resources Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2011 | 10305670 | State Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of Infinium Precious Resources Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Infinium Precious Resources Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed against the company by Bharat Petroleum Corporation Ltd | Disposed |
To see the full case history of Infinium Precious Resources Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Infinium Precious Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Infinium Precious Resources has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bullion Brands Private Limited | U74900MH2011PTC212098 |
To see the full group structure of Infinium Precious Resources Limited, buy the company report.
Employees & EPFO
Infinium Precious Resources Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Infinium Precious Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI9652G1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Infinium Precious Resources Limited, buy the company report.
Recent activity
Infinium Precious Resources Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Raveendra Shridhar Bhat ceased to be Additional Director on 20 Jun 2022.
5 earlier events are in the company report.
Frequently asked questions
Infinium Precious Resources is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 25 September 2008 (18+ years old) and is registered under CIN U51420MH2008PLC187080.
Infinium Precious Resources has 3 current directors:
- Prashant Arvind Rege - Whole-Time Director
- Raveendra Shridhar Bhat - Additional Director
- Subramanian Jagadish - Additional Director
The latest financial statements of Infinium Precious Resources on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Infinium Precious Resources is 27AABCI9652G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Infinium Precious Resources is U51420MH2008PLC187080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Infinium Precious Resources has 1 court case on record: 1 filed against it.
Infinium Precious Resources was incorporated on 25 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Raveendra Shridhar Bhat ceased to be Additional Director on 20 Jun 2022. Subramanian Jagadish was appointed as Additional Director on 05 Mar 2021. Jayendra Jayant Salgaonkar ceased to be Director on 24 Feb 2021. Infinium Precious Resources has 11 board changes on record in total.
Infinium Precious Resources can be reached through the website iprl.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Infinium Precious Resources is at Plot No R – 76 Trans Thane CreekTtcIndustrial Area Rabale MIDC, Navi Mumbai, Maharashtra, India – 400701.