India's Richest People 2026 edition · 1 director · Source: Hurun India
- #655 B Prabhakaran & family ₹4,900 Cr
Mandovi River Pellets Private Limited
Mandovi River Pellets Private Limited - metals and minerals in Ponda, Goa, India. FY 2026 financials & compliance.
Active Private Limited Company metals and minerals
Revenue · FY 2025
₹712.71 Cr
▲ 3% YoY
Net profit · FY 2025
₹1.15 Cr
Net margin 0.2%
EBITDA · FY 2025
₹27.95 Cr
EBITDA margin 3.9%
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹85 Cr
Issued & subscribed
Open charges
₹172.75 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
84
Provident fund records
About Mandovi River Pellets Private Limited
Data last updated:
Mandovi River Pellets Private Limited is a private limited company based in Ponda, Goa, India, a subsidiary of Shri Jagannath Steels & Power Limited. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 September 2022.
Its director B Prabhakaran and family are #655 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70200GA2022PTC015507. Its GSTIN is 30AAQCM1828B1ZV (Goa).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹85 Cr. It is led by directors including Anuj Malhan (Whole-Time Director) and Manoj Kumar Choudhary.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shiroda Ponda Near Borim Bridge, Goa, India – 403103.
As per the financials filed for FY 2025, the company reported a revenue of ₹712.71 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 0.2%) and EBITDA of ₹27.95 Cr (EBITDA margin 3.9%).
The company has about 84 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹172.75 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70200GA2022PTC015507
Registration Number 015507
Incorporation Date 12 September 2022
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Shri Jagannath Steels & Power Limited
Compliance Status Active Compliant
CIN history
Mandovi River Pellets has one previous CIN (Corporate Identification Number): U13100GA2022PTC015507. The current CIN is U70200GA2022PTC015507, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200GA2022PTC015507 | Current |
| U13100GA2022PTC015507 | Previous |
Key People
Anuj Malhan Whole-Time Director Manoj Kumar Choudhary Director Balasubramanian Prabhakaran Director Recognitions & Rankings of Mandovi River Pellets
Contact details
Mandovi River Pellets Private Limited's registered office is in Ponda, Goa.
- Registered AddressShiroda Ponda Near Borim Bridge, Goa, India – 403103
- IndustryMetals and Minerals, Metal Manufacturing & Processing
Comprehensive company report
Mandovi River Pellets Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Mandovi River Pellets is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mandovi River Pellets Private Limited, buy the company report.
Financials of Mandovi River Pellets Private Limited
FY 2025 filings availableMandovi River Pellets Private Limited reported revenue of ₹712.71 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹712.71 Cr ▲ 3%
Net profit · FY 2025
₹1.15 Cr margin 0.2%
EBITDA · FY 2025
₹27.95 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
EBITDA CAGR growth
1 year
▲ 112%
Revenue rose 3% in the latest year. EBITDA rose 112% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹27.95 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.15 Cr | ||
| 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.9% | ||
| Net Profit Margin | 0.2% | ||
| 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 Mandovi River Pellets Private Limited, buy the company report.
Board of directors of Mandovi River Pellets Private Limited
Mandovi River Pellets has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Choudhary Also directs: Shri Jagannath Steels & Power Limited, Baba Agro Food Limited, Keyal Mild Steels Private Limited and 3 more | Director | 17 Jun 2023 | 3 Years 4 Months | Current |
| Anuj Malhan | Whole-Time Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Balasubramanian Prabhakaran Also directs: KJS Pellets & Power Private Limited, Sri Navaladiyan Estates LLP, Thriveni Sands and Aggregate LLP and 5 more | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Sanjay Vasant Satardekar Also directs: Zuari Sky Heavens (OPC) Private Limited | Additional Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Anuradha Singh Also directs: Shri Jagannath Steels & Power Limited, Maasheetla Ventures Limited, S. K. Offset Limited and 1 more | Director | 18 Jan 2024 | 2 Years 9 Months | Current |
| Prashant Kumar Ahluwalia Also directs: Rcube Realty LLP, Shri Jagannath Aviation LLP, Shri Jagannath Trexim Private Limited and 5 more | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Mandovi River Pellets Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Other Minerals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ferro Alloys Corporation Limited | ₹954.47 Cr (FY 2025) | 15.0% | Odisha, India | |||
| Mandovi River Pellets Private Limitedthis company | ₹712.71 Cr (FY 2025) | ₹1.15 Cr | 0.2% | 3.0% | Ponda, Goa, India | |
| Hira Electro Smelters Limited | ₹697.28 Cr (FY 2025) | 40.0% | Bobbili, Andhra Pradesh, India | |||
| Nav Durga Fuel Private Limited | ₹692.65 Cr (FY 2025) | 4.0% | Sreebhumi, West Bengal, India |
To see the full peer comparison of Mandovi River Pellets Private Limited, buy the company report.
Charges & borrowings
Open charges
₹172.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2025 | 101056950 | Others | ₹25 Lakh | Open | |
| 10 Feb 2023 | 100680939 | Axis Bank Limited | ₹103.5 Cr | Open | |
| 01 Feb 2023 | 100680782 | Others | ₹69 Cr | Open |
To see the full charge records of Mandovi River Pellets Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mandovi River Pellets Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Appeal | Filed against the company | Disposed |
| District court, North Goa, Goa | Commercial suit | Filed against the company by an individual | Disposed |
| District court, North Goa, Goa | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Mandovi River Pellets Private 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 Mandovi River Pellets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mandovi River Pellets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAQCM1828B1ZV | Goa | Active | 25 Oct 2022 |
To see the full GST registrations and return filing status of Mandovi River Pellets Private Limited, buy the company report.
Recent activity
Mandovi River Pellets Private Limited has 9 board changes on record since 2022: 6 appointments and 3 cessations. The latest: Anuradha Singh was appointed as Director on 18 Jan 2024.
AGM
Mandovi River Pellets Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Mandovi River Pellets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 101056950 was registered on 10 Feb 2025.
Appointed
Anuradha Singh was appointed as Director.
Ceased
Shobha Rustagi ceased to be Director.
Ceased
Sanjay Vasant Satardekar ceased to be Additional Director.
Appointed
Sanjay Vasant Satardekar was appointed as Additional Director.
Charges
A charge with Axis Bank Limited of Rs. 103.50 Cr registered on 10 Feb 2023 with Charge ID 100680939 was modified on 24 Jul 2023.
Charges
A charge with Others of Rs. 69.00 Cr registered on 01 Feb 2023 with Charge ID 100680782 was modified on 24 Jul 2023.
Appointed
Manoj Kumar Choudhary was appointed as Director.
Ceased
Anuj Malhan ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 103.50 Cr with Charge ID 100680939 was registered on 10 Feb 2023.
5 earlier events are in the company report.
Frequently asked questions
Mandovi River Pellets is an active private limited company based in Ponda, Goa, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 September 2022 (4+ years old) and is registered under CIN U70200GA2022PTC015507.
Mandovi River Pellets has 6 current directors:
- Anuj Malhan - Whole-Time Director
- Manoj Kumar Choudhary - Director
- Balasubramanian Prabhakaran - Director
- Sanjay Vasant Satardekar - Additional Director
- Anuradha Singh - Director
- Prashant Kumar Ahluwalia - Director
The latest financial statements of Mandovi River Pellets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Mandovi River Pellets is 30AAQCM1828B1ZV, registered in Goa.
The CIN (Corporate Identification Number) of Mandovi River Pellets is U70200GA2022PTC015507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandovi River Pellets has 3 court cases on record: 3 filed against it.
Mandovi River Pellets was incorporated on 12 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Mandovi River Pellets by revenue are Ferro Alloys Corporation Limited, Hira Electro Smelters Limited, Nav Durga Fuel Private Limited, all in the Metals and Minerals industry (Other Minerals), with the same principal business activity (metal and metal products).
Anuradha Singh was appointed as Director on 18 Jan 2024. Shobha Rustagi ceased to be Director on 01 Jan 2024. Sanjay Vasant Satardekar ceased to be Additional Director on 26 Dec 2023. Mandovi River Pellets has 9 board changes on record in total.
The registered office of Mandovi River Pellets is at Shiroda Ponda Near Borim Bridge, Goa, India – 403103.
Mandovi River Pellets operates in the metals and minerals industry, in the metal manufacturing and processing segment.