Minar Reclaimation Private Limited

Minar Reclaimation Private Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U25190PB2008PTC031930 Incorporated 15 May 2008 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹18.81 Cr
▼ 18% YoY
Net profit · FY 2024
₹27.22 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹94.97 Lakh
EBITDA margin 5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹22 Lakh
Issued & subscribed
Open charges
₹2.66 Cr
Satisfied ₹3.2 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
15
Provident fund records

About Minar Reclaimation Private Limited

Data last updated:

Minar Reclaimation Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 15 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25190PB2008PTC031930. Its GSTIN is 03AAFCM7340F1ZS (Punjab). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22 Lakh. It is led by directors Aman Goyal and Garima Goyal.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G.T. Road Village Jugiana Opp. Metro Tyres Industrial Area – C, Ludhiana, Punjab, India – 141003.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.81 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹27.22 Lakh (net margin 1.4%) and EBITDA of ₹94.97 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 13% over five years.

The company has about 15 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.66 Cr and satisfied charges of ₹3.2 Cr on record.

Minar Reclaimation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0014234). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reclaimrubber.in.

Company details

CIN U25190PB2008PTC031930
Registration Number 031930
Incorporation Date 15 May 2008
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0014234

Recognitions & Rankings of Minar Reclaimation

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-12-0014234

Contact details

Minar Reclaimation Private Limited's registered office is in Ludhiana, Punjab. Its website is reclaimrubber.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    G.T. Road Village Jugiana Opp. Metro Tyres Industrial Area – C, Ludhiana, Punjab, India – 141003
  • Industry
    Manufacturing, Rubber-Based Products

To see the full contact details of Minar Reclaimation Private Limited, buy the company report.

Comprehensive company report
Minar Reclaimation 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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Business activity

The main business activity of Minar Reclaimation is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Minar Reclaimation Private Limited, buy the company report.

Financials of Minar Reclaimation Private Limited

FY 2025 filings available

Minar Reclaimation Private Limited reported revenue of ₹18.81 Cr (down 18% YoY) for FY 2024.

Revenue · FY 2024
₹18.81 Cr ▼ 18%
Net profit · FY 2024
₹27.22 Lakh margin 1.4%
EBITDA · FY 2024
₹94.97 Lakh margin 5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 23%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 5%
5 years · compounded
▲ 1%

Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 21% in the latest year. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹94.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹27.22 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5%
Net Profit Margin1.4%
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 Minar Reclaimation Private Limited, buy the company report.

Board of directors of Minar Reclaimation Private Limited

Minar Reclaimation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aman GoyalDirector15 May 200818 Years 5 MonthsCurrent
Garima GoyalDirector01 May 201511 Years 6 MonthsCurrent

Peer comparison

Minar Reclaimation Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bony Fluid Systems Private Limited₹19.09 Cr (FY 2025)-7.0%New Delhi, Delhi, India
High Tech Reclaim Private Limited₹19.05 Cr (FY 2025)-3.0%Rajkot, Gujarat, India
Aashirwad Poly Pack Private Limited₹18.98 Cr (FY 2025)34.0%Kanpur, Uttar Pradesh, India
Minar Reclaimation Private Limitedthis company₹18.81 Cr (FY 2024)₹27.22 Lakh1.4%-18.0%15Ludhiana, Punjab, India
Suracsh Adsorbents Private Limited₹18.41 Cr (FY 2025)118.0%Vytilla, Kerala, India

To see the full peer comparison of Minar Reclaimation Private Limited, buy the company report.

Auditor

Minar Reclaimation Private Limited is audited by S P A A AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S P A A AND ASSOCIATESFY 2023010288N

Shareholding

The shareholding of Minar Reclaimation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Minar Reclaimation Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.66 Cr
Satisfied charges
₹3.2 Cr
Breakdown by lending institutions
Axis Bank Limited₹2.41 Cr
Hdfc Bank Limited₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Dec 2023100836869Hdfc Bank Limited₹25.02 LakhOpen
24 Feb 201610627580Axis Bank Limited₹2.41 CrOpen
12 Mar 201010214205Allahabad Bank₹3.2 CrSatisfied

To see the full charge records of Minar Reclaimation Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Minar Reclaimation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Minar Reclaimation Private Limited has a workforce of 15 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
15
Active EPFO establishments
1
Employee growth
-21.05%

GST

Minar Reclaimation has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAFCM7340F1ZSPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Minar Reclaimation Private Limited, buy the company report.

Recent activity

Minar Reclaimation Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Hem Raj Goyal ceased to be Director on 01 Jun 2016.

AGM
Minar Reclaimation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Minar Reclaimation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.02 Lakh with Charge ID 100836869 was registered on 21 Dec 2023.
Charges
A charge with Axis Bank Limited of Rs. 241.20 Lakh registered on 24 Feb 2016 with Charge ID 10627580 was modified on 06 Jul 2020.
Ceased
Hem Raj Goyal ceased to be Director.
Ceased
Parveen Goyal ceased to be Director.
Charges
A charge registered on 12 Mar 2010 via Charge ID 10214205 with Allahabad Bank was fully satisfied on 30 May 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 241.20 Lakh with Charge ID 10627580 was registered on 24 Feb 2016.
Ceased
Garima Goyal ceased to be Additional Director.
Appointed
Garima Goyal was appointed as Director.
Ceased
Himanshu Goyal ceased to be Director.
Charges
A charge with Allahabad Bank amounted to Rs. 320.00 Lakh with Charge ID 10214205 was registered on 12 Mar 2010.

2 earlier events are in the company report.

Frequently asked questions

Minar Reclaimation is an active private limited company based in Ludhiana, Punjab, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 15 May 2008 (18+ years old) and is registered under CIN U25190PB2008PTC031930.

Minar Reclaimation has 2 current directors:

The latest financial statements of Minar Reclaimation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Minar Reclaimation is 03AAFCM7340F1ZS, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Minar Reclaimation is U25190PB2008PTC031930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Minar Reclaimation was incorporated on 15 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Minar Reclaimation by revenue are Bony Fluid Systems Private Limited, High Tech Reclaim Private Limited, Aashirwad Poly Pack Private Limited, Suracsh Adsorbents Private Limited, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Hem Raj Goyal ceased to be Director on 01 Jun 2016. Parveen Goyal ceased to be Director on 01 Jun 2016. Garima Goyal ceased to be Additional Director on 30 Sep 2015. Minar Reclaimation has 6 board changes on record in total.

Yes, Minar Reclaimation is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0014234).

Minar Reclaimation can be reached through the website reclaimrubber.in. Its registered office is in Ludhiana, Punjab, India.

The registered office of Minar Reclaimation is at G.T. Road Village Jugiana Opp. Metro Tyres Industrial Area – C, Ludhiana, Punjab, India – 141003.