About Mgm Minerals Limited
Data last updated: 04 January 2026
Mgm Minerals Limited is a public limited company based in Bhubaneswar, Orissa, India. It specialises in thermal power generation and plants, a part of the broader energy and power sector. Incorporated on 16 April 1996, the company has been in operation for over 30 years.
Registered with ROC Cuttack under CIN U72101OR1996PLC004413.
Capital: an authorised share capital of ₹190 Cr and a paid-up capital of ₹22.76 Cr. It is led by directors including Nihar Ranjan Mohanty and Srikanta Behera.
Last AGM: 11 July 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. – 65 Forest Park, Bhubaneswar, Orissa, India – 751009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,048.19 Cr, a decline of 16% compared to the previous year.
The company has a workforce of approximately 555 employees as per the latest available data. Its group structure includes 6 subsidiaries.
As per MCA filings, the company has open charges of ₹743.07 Cr and satisfied charges of ₹756.61 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 mgmmin.in.
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Registered AddressPlot No. – 65 Forest Park, Bhubaneswar, Orissa, India – 751009
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IndustryEnergy and Power, Thermal Power Generation & Plants
- 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
Business Activity of Mgm Minerals Limited
Mgm Minerals Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Mgm 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 Mgm Minerals Limited
Mgm Minerals Limited is audited by PAMS & ASSOCIATES 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 |
|---|---|---|---|
| PAMS & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Mgm Minerals Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Mgm Minerals Limited
Mgm Minerals Limited is currently managed by 9 directors, with 22 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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Nihar Ranjan Mohanty
Also directs:
Idcol Software Limited
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Director | 14 Aug 2021 | 5 Years 0 Months | Current |
| Srikanta Behera | Whole-Time Director | 15 Apr 2020 | 6 Years 4 Months | Current |
| Krushna Chandra Samal | Director | 09 May 2025 | 1 Years 3 Months | Current |
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Sabita Mohanty
Also directs:
Wildlotus Fashions Private Limited, Mgm Biofuels Private Limited, Mgm Foundation and 5 more
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Whole-Time Director | 21 Sep 2013 | 12 Years 11 Months | Current |
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Padma Lochan Mohanty
Also directs:
Wildlotus Fashions Private Limited, Mgm Biofuels Private Limited, Mgm Foundation and 5 more
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Whole-Time Director | 21 Sep 2013 | 12 Years 11 Months | Current |
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Siddhartha Mohanty
Also directs:
Mgm Biofuels Private Limited, Mgm Foundation, Veggiekart Marketing Private Limited and 5 more
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Whole-Time Director | 01 Jun 2023 | 3 Years 2 Months | Current |
Financials of Mgm Minerals Limited FY 2025 filings available
Mgm Minerals Limited reported revenue of ₹1,048.19 Cr (down 16.00% YoY) for FY 2025.
Ten-year financial statements for Mgm 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 Mgm Minerals Limited
Shareholding and ownership data for Mgm Minerals Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Mgm Minerals Limited
Mgm Minerals Limited has 6 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Mgm Minerals Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Wildlotus Textile Private Limited | U17299OR2021PTC036420 | Locked |
| Wildlotus Fashions Private Limited | U18101OR2016PTC019767 | Locked |
| Mgm Biofuels Private Limited | U24290OR2021PTC036398 | Locked |
| Patnaik Steels And Alloys Limited | U27102OR2003PLC007368 | Locked |
| Mgm Resorts Private Limited | U55101OR2021PTC035622 | Locked |
| Pinklotus Health Care Private Limited | U85300OR2021PTC036399 | Locked |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Mgm Minerals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2025 | Sbicap Trustee Company Limited | ₹743.07 Cr | Open |
| 17 Feb 2023 | Indian Bank | ₹53 Cr | Satisfied |
| 09 Aug 2022 | Sbicap Trustee Company Limited | ₹500 Cr | Satisfied |
| 29 Jan 2020 | Hdfc Bank Limited | ₹6.82 Cr | Satisfied |
| 07 Nov 2012 | Oriental Bank of Commerce | ₹7.5 Cr | Satisfied |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Mgm Minerals Limited
Mgm Minerals Limited has a workforce of 555 employees as of Apr 08, 2024.
Employee and EPFO history for Mgm 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 Mgm Minerals Limited
GST registrations and filing compliance for Mgm 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
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Mgm Minerals Limited
Credit ratings, litigation, and regulatory alerts for Mgm 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 Mgm Minerals Limited
MSME payment history for Mgm 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
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Mgm Minerals Limited
Corporate group structure for Mgm Minerals Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Mgm Minerals Limited
MCA filings and documents for Mgm 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 Mgm Minerals Limited
Frequently Asked Questions about Mgm Minerals Limited
Mgm Minerals Limited is an active public limited company in the energy and power sector based in Bhubaneswar, Orissa, India. It was incorporated on 16 April 1996 (30+ years old) and is registered under CIN U72101OR1996PLC004413. The company has 555 employees.
Mgm Minerals Limited reported revenue of ₹1,048.19 Cr for FY 2025 (down 16.00% YoY).
The current directors of Mgm Minerals Limited are:
- Nihar Ranjan Mohanty - Director
- Srikanta Behera - Whole-Time Director
- Krushna Chandra Samal - Director
- Sabita Mohanty - Whole-Time Director
- Padma Lochan Mohanty - Whole-Time Director
- Siddhartha Mohanty - Whole-Time Director
- Saroj Kumar Ray - Director
- Seema Mohanty - Director
- Pankaj Lochan Mohanty - Officer In Default
The primary industry of Mgm Minerals Limited is energy and power. The company specifically operates in thermal power generation and plants. The company is currently active in this sector.
Mgm Minerals Limited can be reached at the registered office: Plot No. – 65 Forest Park, Bhubaneswar, Orissa, India – 751009, or through the website mgmmin.in.
The authorised capital is ₹190 Cr, and the paid-up capital is ₹22.76 Cr.