About Mahavir Minerals Limited
Data last updated: 22 December 2025
Mahavir Minerals Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in other metals and minerals, a part of the broader metals and mining sector. Incorporated on 17 June 1977, the company has been in operation for over 49 years.
Registered with ROC Mumbai under CIN U24100MH1977PLC019705.
Capital: an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹1.72 Cr. Formerly known as Mahavir Minerals Private Limited. It is led by directors including Yashovardhan Madhusudan Daga and Madhusudan Laxminarayan Daga.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Sonawala Building 2Nd Floor65 Bombay Samachar Marg Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.95 Cr, a decline of 12% compared to the previous year.
The company has a workforce of approximately 37 employees as per the latest available data.
The company is associated with 1 brand - Mahavir Minerals. As per MCA filings, the company has open charges of ₹16.8 Cr and satisfied charges of ₹4.21 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahavirminerals.com.
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Registered AddressSonawala Building 2Nd Floor65 Bombay Samachar Marg Fort, Mumbai, Maharashtra, India – 400023
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IndustryMetals and Minerals, Other Metals & Minerals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mahavir Minerals Limited
Mahavir Minerals Limited operates one associated brand: Mahavir Minerals. These brands represent Mahavir Minerals Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Mining and supplying industrial minerals for the ceramic and glass industries. | mahavirminerals.com |
Business Activity of Mahavir Minerals Limited
Mahavir Minerals Limited is engaged in the principal business activity of mining and quarrying, with detailed activities including other mining & quarrying activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | Locked |
Business activity turnover details for Mahavir Minerals Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Mahavir Minerals Limited
Mahavir Minerals Limited is audited by R. C. RESHAMWALA & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. C. RESHAMWALA & CO. | Locked | Locked | Locked |
Complete auditor history for Mahavir Minerals Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Mahavir Minerals Limited
Mahavir Minerals Limited is currently managed by 6 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Yashovardhan Madhusudan Daga
Also directs:
Corner Stone Energy Private Limited, Rbbr Infrastructure Private Limited, Rungta And Daga Investments Private Limited and 1 more
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Director | 01 Oct 2009 | 16 Years 9 Months | Current |
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Madhusudan Laxminarayan Daga
Also directs:
Reliance Finvest Private Limited, Mahesh Minerals Pvt Ltd, Amtek Agents Pvt.Ltd. and 5 more
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Managing Director | 05 Feb 1979 | 47 Years 5 Months | Current |
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Vandana Madhusudan Daga
Also directs:
Reliance Finvest Private Limited, Mahesh Minerals Pvt Ltd, Aryavarta Constructions Private Limited and 2 more
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Director | 16 Nov 1999 | 26 Years 8 Months | Current |
| Harshvardhan Madhusudan Daga | Director | 18 Nov 2015 | 10 Years 8 Months | Current |
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Devang Dhairyakant Gandhi
Also directs:
Shivpujan Barter Pvt.Ltd., Reliance Finvest Private Limited, Getos Builders Pvt. Ltd. and 1 more
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Director | 17 Jun 1977 | 49 Years 1 Months | Current |
| Jayesh Ramniklal Kumbhani | Director | 30 Mar 2015 | 11 Years 3 Months | Current |
Financials of Mahavir Minerals Limited FY 2024 filings available
Mahavir Minerals Limited reported revenue of ₹17.95 Cr (down 12.00% YoY) for FY 2024.
Ten-year financial statements for Mahavir Minerals Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Mahavir Minerals Limited
Shareholding and ownership data for Mahavir Minerals Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Mahavir Minerals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2021 | Others | ₹42.48 Lakh | Open |
| 30 Sep 2016 | Tata Capital Financial Services Limited | ₹21.15 Lakh | Open |
| 07 Jul 2016 | Hdfc Bank Limited | ₹12.66 Cr | Open |
| 30 Jun 2016 | Hdfc Bank Limited | ₹3.5 Cr | Open |
| 12 Jun 2000 | Canara Bank | ₹1.45 Cr | Satisfied |
Total charge records: 20 View all charges
Employees and EPFO Compliance at Mahavir Minerals Limited
Mahavir Minerals Limited has a workforce of 37 employees as of Apr 05, 2024.
Employee and EPFO history for Mahavir Minerals Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Mahavir Minerals Limited
GST registrations and filing compliance for Mahavir Minerals Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Mahavir Minerals Limited
Credit ratings, litigation, and regulatory alerts for Mahavir Minerals Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Mahavir Minerals Limited
MSME payment history for Mahavir Minerals Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Mahavir Minerals Limited
Corporate group structure for Mahavir Minerals Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Mahavir Minerals Limited
MCA filings and documents for Mahavir Minerals Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Mahavir Minerals Limited
Frequently Asked Questions about Mahavir Minerals Limited
Mahavir Minerals Limited is an active public limited company in the metals and minerals sector based in Mumbai, Maharashtra, India. It was incorporated on 17 June 1977 (49+ years old) and is registered under CIN U24100MH1977PLC019705. The company has 37 employees.
Mahavir Minerals Limited reported revenue of ₹17.95 Cr for FY 2024 (down 12.00% YoY).
The current directors of Mahavir Minerals Limited are:
- Yashovardhan Madhusudan Daga - Director
- Madhusudan Laxminarayan Daga - Managing Director
- Vandana Madhusudan Daga - Director
- Harshvardhan Madhusudan Daga - Director
- Devang Dhairyakant Gandhi - Director
- Jayesh Ramniklal Kumbhani - Director
The primary industry of Mahavir Minerals Limited is metals and minerals. The company specifically operates in other metals and minerals. The company is currently active in this sector.
Mahavir Minerals Limited can be reached at the registered office: Sonawala Building 2Nd Floor65 Bombay Samachar Marg Fort, Mumbai, Maharashtra, India – 400023, or through the website mahavirminerals.com.
The authorised capital is ₹4.5 Cr, and the paid-up capital is ₹1.72 Cr.