About Mandakini Exploration and Mining Limited
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Mandakini Exploration and Mining Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Jindal India Thermal Power Limited. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 03 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U10300DL2014PLC267780. Its GSTIN is 07AADCJ3356N2Z7 (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Jindal Counsellor Limited. It is led by directors including Shubhang Nandan and Kaminee Girdhar.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Habitat India C – 3 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹28.58 Cr (net margin 88.2%) and EBITDA of ₹32.41 Cr (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 459% over three years and 61% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindalgroup.com.
Company details
CIN history
Mandakini Exploration and Mining has one previous CIN (Corporate Identification Number): U74140DL2014PLC267780. The current CIN is U10300DL2014PLC267780, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U10300DL2014PLC267780 | Current |
| U74140DL2014PLC267780 | Previous |
Contact details
Mandakini Exploration and Mining Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressHabitat India C – 3 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Mandakini Exploration and Mining 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 Mandakini Exploration and Mining Limited
FY 2025 filings availableMandakini Exploration and Mining Limited reported revenue of ₹32.42 Cr (up 45122% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years. 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 | ₹32.41 Cr | ||||
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| Net Profit (PAT) | ₹28.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 88.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mandakini Exploration and Mining Limited, buy the company report.
Board of directors of Mandakini Exploration and Mining Limited
Mandakini Exploration and Mining has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhang Nandan Also directs: Mandakini Coal Company Limited, Jire Batteries Limited, Jire Green Energy Project Four Limited and 5 more | Director | 28 Apr 2021 | 5 Years 5 Months | Current |
| Kaminee Girdhar Also directs: Jire Batteries Limited, Jire Green Energy Project Four Limited, Jire Green Energy Project Three Limited and 5 more | Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Suresh Chander Sharma Also directs: Jindal Photo Limited, Jindal Poly Investment and Finance Company Limited, Mandakini Coal Company Limited and 5 more | Director | 06 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Mandakini Exploration and Mining 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 |
|---|---|---|---|---|---|---|
| Balaji Acqa and Agro Products Private Limited | ₹32.65 Cr (FY 2025) | 16.0% | Vijayawada, Andhra Pradesh, India | |||
| Sri Lakshmi Narasimha Rocksand Industries Private Limited | ₹32.58 Cr (FY 2025) | 113.0% | Hyderabad, Telangana, India | |||
| Gotan Stone Lime Private Limited | ₹32.53 Cr (FY 2025) | -26.0% | Jodhpur, Rajasthan, India | |||
| Rataa Mines and Mineral Resources Private Limited | ₹32.48 Cr (FY 2025) | 22.0% | Goa, India | |||
| SRM Global Infraa Limited | ₹32.46 Cr (FY 2024) | 5.0% | Bhubaneswar, Odisha, India | |||
| Mandakini Exploration and Mining Limitedthis company | ₹32.42 Cr (FY 2025) | ₹28.58 Cr | 88.2% | 45122.0% | New Delhi, Delhi, India | |
| Maa Mahamaya Minerals and Mining Private Limited | ₹32.42 Cr (FY 2024) | 314.0% | Raipur, Chhattisgarh, India | |||
| Noorakkad Granites Private Limited | ₹32.42 Cr (FY 2024) | 227.0% | Tirurangadi, Kerala, India | |||
| Maa Tarani Logistics Limited | ₹31.89 Cr (FY 2025) | 1.0% | Bhubaneswar, Odisha, India | |||
| Southern Rocks and Minerals Private Limited | ₹31.85 Cr (FY 2024) | 7.0% | Hyderabad, Telangana, India | |||
| Dedhrota Bauxite Mine Private Limited | ₹31.59 Cr (FY 2025) | 92.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Mandakini Exploration and Mining Limited, buy the company report.
Auditor
Mandakini Exploration and Mining Limited is audited by U B S & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U B S & COMPANY | FY 2020 | 012351N |
Shareholding
The shareholding of Mandakini Exploration and Mining Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mandakini Exploration and Mining Limited, buy the company report.
Legal cases
Mandakini Exploration and Mining Limited has 3 court cases on record: 2 filed by Mandakini Exploration and Mining, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3400-Mines, Minerals And Mining Leases) | Filed against the company by Union of India Secretary Ministry of Coal Secretary Shastri Bhawan , District: New Delhi ,New Delhi , Delhi and 1 other | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
To see the full case history of Mandakini Exploration and Mining 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 Mandakini Exploration and Mining Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mandakini Exploration and Mining has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCJ3356N2Z7 | Delhi | Active | 24 Oct 2017 |
To see the full GST registrations and return filing status of Mandakini Exploration and Mining Limited, buy the company report.
Recent activity
Mandakini Exploration and Mining Limited has 18 board changes on record since 2015: 3 appointments and 15 cessations. The latest: Kaminee Girdhar ceased to be Additional Director on 18 Sep 2025.
9 earlier events are in the company report.
Frequently asked questions
Mandakini Exploration and Mining is an active public limited company based in New Delhi, Delhi, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 03 June 2014 (12+ years old) and is registered under CIN U10300DL2014PLC267780.
Mandakini Exploration and Mining has 3 current directors:
- Shubhang Nandan - Director
- Kaminee Girdhar - Director
- Suresh Chander Sharma - Director
The latest financial statements of Mandakini Exploration and Mining on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mandakini Exploration and Mining is 07AADCJ3356N2Z7, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mandakini Exploration and Mining is U10300DL2014PLC267780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandakini Exploration and Mining has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Mandakini Exploration and Mining was incorporated on 03 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mandakini Exploration and Mining by revenue are Balaji Acqa and Agro Products Private Limited, Sri Lakshmi Narasimha Rocksand Industries Private Limited, Gotan Stone Lime Private Limited, Rataa Mines and Mineral Resources Private Limited, SRM Global Infraa Limited and 5 more, all in the Metals and Minerals industry (Mining).
Kaminee Girdhar ceased to be Additional Director on 18 Sep 2025. Kaminee Girdhar was appointed as Director on 07 Mar 2025. Arjun Singh ceased to be Additional Director on 30 Sep 2021. Mandakini Exploration and Mining has 18 board changes on record in total.
Mandakini Exploration and Mining can be reached through the website jindalgroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Mandakini Exploration and Mining is at Habitat India C – 3 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016.