Mgm Minerals Limited - Company Profile

It is a energy and power public limited company based in Bhubaneswar, Orissa, India, established in 1996.
1996 Bhubaneswar, Orissa, India Active
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About Mgm Minerals Limited

Mgm Minerals Limited, a active public limited company, was established on 16 April 1996 in Bhubaneswar, Orissa, India. Engaging in thermal power generation & plants within the manufacturing sector, it holds CIN: U72101OR1996PLC004413. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹190.00 Cr and a paid-up capital of ₹22.76 Cr.

It upholds a compliant status. Employing 555 professional, Its leadership includes Nihar Ranjan Mohanty (Director), Srikanta Behera (Whole-Time Director), Krushna Chandra Samal (Director). Past directors included Samarendra Mitra, Nihar Ranjan Mohanty, Srikanta Behera. It holds ₹743.07 Cr open charges and ₹756.61 Cr settled loans. Its latest AGM occurred on 11 July 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No.- 65, Forest Park,, Bhubaneswar, Orissa, 751009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72101OR1996PLC004413

  • Registration Number

    004413

  • Incorporation Date

    16 April 1996

  • Authorized Capital

    ₹190.00 Cr

  • Paid-Up Capital

    ₹22.76 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 190.00 Cr
  • Paid Up Capital ₹ 22.76 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 743.07 Cr
  • Satisfied Charges ₹ 756.61 Cr
  • Revenue Growth **** -23.26%
  • Profit Growth **** -45.82%
  • Ebitda **** -43.69%
  • Net Worth 18.37%
  • Total Assets **** 21.66%
Company report

Mgm Minerals Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mgm Minerals Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mgm Minerals Limited?
Current Directors
Name Designation Appointment Date Status
Nihar Ranjan Mohanty Director 14 Aug 2021 Current
Srikanta Behera Whole-Time Director 15 Apr 2020 Current
Krushna Chandra Samal Director 09 May 2025 Current
Sabita Mohanty Whole-Time Director 21 Sep 2013 Current
Padma Lochan Mohanty Whole-Time Director 21 Sep 2013 Current
Siddhartha Mohanty Whole-Time Director 01 Jun 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2015 Past
Pramod Abcsdd Additional Director 04 Jul 2022 Past
Pramod Abcsdd Company Secretary 01 Apr 2021 Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Additional Director 10 Jul 2025 Past
Pramod Abcsdd Director 14 Apr 2017 Past

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Financial Performance of Mgm Minerals.

Mgm Minerals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.26% decrease. The company also saw a substantial fall in profitability, with a 45.82% decrease in profit. The company's net worth Soared by an impressive increase of 18.37%.

Mgm Minerals revenue growth over time
Mgm Minerals profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -23.26%
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Revenue from Operations
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 -23.20%
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*******
*******
Total Assets
*******
 21.66%
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*******
*******
Profit or Loss
*******
 -45.82%
*******
*******
*******
*******
Net Worth
*******
 18.37%
*******
*******
*******
*******
EBITDA
*******
 -43.69%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mgm Minerals?

In 2023, Mgm Minerals had a promoter holding of 75.20% and a public holding of 24.80%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹7,430,700,000.00

Satisfied Charges

₹7,566,144,500.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 743.07 Cr
Latest Charge Details
Date Lender Amount Status
21 May 2025 Sbicap Trustee Company Limited ₹743.07 Cr Open
17 Feb 2023 Indian Bank ₹53.00 Cr Satisfied
09 Aug 2022 Sbicap Trustee Company Limited ₹500.00 Cr Satisfied
29 Jan 2020 Hdfc Bank Limited ₹6.82 Cr Satisfied
07 Nov 2012 Oriental Bank Of Commerce ₹7.50 Cr Satisfied

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How Many Employees Work at Mgm Minerals?

Mgm Minerals has a workforce of 555 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mgm Minerals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mgm Minerals's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mgm Minerals
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mgm Minerals Limited last Annual general meeting of members was held on 11 Jul 2025 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 743.07 Cr with Charge ID 101104607 was registered on 21 May 2025. was completed.

  • Director Appointment

    Krushna Chandra Samal was appointed as a Director was appointed as a Director on 09 May 2025 & has been associated with this company since 10 months 21 days . was recorded as a recent event.

  • Balance Sheet

    Mgm Minerals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack. was recorded as a recent event.

  • Charges

    A charge registered on 17 Feb 2023 via Charge ID 100684883 with Indian Bank was fully satisfied on 27 Aug 2024. was recorded as a recent event.

  • Director Appointment

    Progress on Pankaj Lochan Mohanty was appointed as a Officer in default was appointed as a Officer in default on 16 Aug 2024 & has been associated with this company since 1 year 7 months . was documented.

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Frequently Asked Questions
What is the CIN of Mgm Minerals Limited?

The CIN of Mgm Minerals Limited is U72101OR1996PLC004413.

Where is Mgm Minerals Limited headquartered?

Mgm Minerals Limited is headquartered at Plot No.- 65, Forest Park,, Bhubaneswar, Orissa, 751009.

When was Mgm Minerals Limited incorporated?

Mgm Minerals Limited was incorporated on 16 April 1996.

Who are the current directors of Mgm Minerals Limited?

The current directors of Mgm Minerals Limited are

What is the primary industry of Mgm Minerals Limited?

The primary industry of Mgm Minerals Limited is Manufacturing.

Is Mgm Minerals Limited a listed company?

Mgm Minerals Limited is unlisted.

What is the capital structure of Mgm Minerals Limited?

The authorized capital of Mgm Minerals Limited is ₹190.00 Cr, and the paid-up capital is ₹22.76 Cr.

What is the compliance status of Mgm Minerals Limited?

The compliance status of Mgm Minerals Limited is Compliant.

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