About
Basic Data Updated:
20 hours ago"MGM Minerals Limited - A leading player in the mining industry, MGM Minerals Limited has established a strong reputation for its expertise in iron ore mining and trading. With a reserve capacity of 1.0 crore tonnes, the company is well-equipped to meet the growing demand for this essential resource. In addition to mining, MML also boasts a state-of-the-art sponge iron manufacturing facility and a captive power plant of 8 megawatts. Leveraging its own mines, the company supplies iron ore to its steel division, ensuring quality and efficiency. Looking towards the future, MML has ambitious plans for expansion, including the establishment of a 0.125 MTPA sponge iron capacity, 0.25 MTPA billet facility, 0.25 MTPA rolling mill, and a 40 MW power plant. Founded in 1996, MML is headquartered in Bhubaneswar, Orissa and has been a key player in the industry for over two decades."
Industry
Company Details
- Location
Khorda, Odisha, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U72101OR1996PLC004413 |
| Company No. | 004413 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 16 Apr 1996 |
| Date of AGM | 12 Jul 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Cuttack |
Financials of Mgm Minerals Limited
Mgm Minerals Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.19% increase. The company also saw a substantial improvement in profitability, with a 78.89% increase in profit. The company's net worth Soared by an impressive increase of 60.14%.
Corporate Structure
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People in Mgm Minerals Limited
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Executive Team (3)
PM
Pankaj Mohanty
Managing DirectorAppointment Date: 13-May-1996
Status: Current
SD
Sushanta Dehury Company SecretaryAppointment Date: 01-Apr-2021
Status: Current
RP
Raghu Panda CFOAppointment Date: 01-Jun-2023
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 17 Feb 2023 | ₹53.00 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 09 Aug 2022 | ₹500.00 Cr | Open |
Hdfc Bank Limited Creation Date: 29 Jan 2020 | ₹6.82 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Odisha State Beverages Corporation Limited
Active
23 years 6 months Prasanna Parida is a mutual person
Recent activity within the organization
Annual General Meeting
Mgm Minerals Limited last Annual general meeting of members was held on 12 Jul 2023 as per latest MCA records.
12 Jul 2023Balance Sheet
Mgm Minerals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
31 Mar 2023Charges
A charge with Sbicap Trustee Company Limited of Rs. 500.00 cr registered on 09 Aug 2022 with Charge ID 100607944 was modified on 29 Mar 2023.
29 Mar 2023Charges
A charge with Indian Bank amounted to Rs. 53.00 cr with Charge ID 100684883 was registered on 17 Feb 2023.
17 Feb 2023Charges
A charge registered on 29 Jan 2020 via Charge ID 100325745 with Hdfc Bank Limited was fully satisfied on 05 Nov 2022.
05 Nov 2022
Frequently asked questions
What is the Incorporation or founding date of Mgm Minerals Limited?
