Mineral Resources Ventures Private Limited

Mineral Resources Ventures Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U35105MH2021PTC373423 Incorporated 15 December 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company metals and minerals MSME · Small
Revenue · FY 2025
₹1.55 Cr
▼ 55% YoY
Net profit · FY 2025
₹7.64 Lakh
Net margin 4.9%
EBITDA · FY 2025
₹82.03 Lakh
EBITDA margin 52.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹8 Cr
Satisfied ₹8 Cr
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings

About Mineral Resources Ventures Private Limited

Data last updated:

Mineral Resources Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 15 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35105MH2021PTC373423. Its GSTIN is 27AAPCM2815H1ZA (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Samyak Kankaria and Ashok Kumar Kothari.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.55 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹7.64 Lakh (net margin 4.9%) and EBITDA of ₹82.03 Lakh (EBITDA margin 52.8%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.

As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹8 Cr on record.

Mineral Resources Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0174439).

Company details

CIN U35105MH2021PTC373423
Registration Number 373423
Incorporation Date 15 December 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-MH-19-0174439

CIN history

Mineral Resources Ventures has one previous CIN (Corporate Identification Number): U27100MH2021PTC373423. The current CIN is U35105MH2021PTC373423, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U35105MH2021PTC373423Current
U27100MH2021PTC373423Previous
Key People
Samyak Kankaria Director Ashok Kumar Kothari Director

Recognitions & Rankings of Mineral Resources Ventures

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0174439

Contact details

Mineral Resources Ventures Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    1004 Vaastu Labh Bldg No. 2 Pump House Off. Aghadi Naka Vijay Raut Rd Andheri, (E), Mumbai, Maharashtra, India – 400093
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Comprehensive company report
Mineral Resources Ventures 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 Mineral Resources Ventures is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Mineral Resources Ventures Private Limited, buy the company report.

Financials of Mineral Resources Ventures Private Limited

FY 2024 filings available

Mineral Resources Ventures Private Limited reported revenue of ₹1.55 Cr (down 55% YoY) for FY 2025.

Revenue · FY 2025
₹1.55 Cr ▼ 55%
Net profit · FY 2025
₹7.64 Lakh margin 4.9%
EBITDA · FY 2025
₹82.03 Lakh margin 52.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 62%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 55% fall in the latest year. EBITDA fell 48% 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 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹82.03 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.64 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 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin52.8%
Net Profit Margin4.9%
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 Mineral Resources Ventures Private Limited, buy the company report.

Board of directors of Mineral Resources Ventures Private Limited

Mineral Resources Ventures has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Samyak Kankaria
Also directs: Minven Green Solutions Private Limited, Minven Renewable Energy Private Limited, Captrix Investments and Advisors Private Limited
Director15 Dec 20214 Years 10 MonthsCurrent
Ashok Kumar Kothari
Also directs: Minven Green Solutions Private Limited, Minven Renewable Energy Private Limited, Captrix Investments and Advisors Private Limited and 4 more
Director15 Dec 20214 Years 10 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹8 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
New India Co-Op Bank Limited₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Apr 2022100570653New India Co-Op Bank Limited₹8 CrSatisfied

To see the full charge records of Mineral Resources Ventures Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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

GST

Mineral Resources Ventures has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAPCM2815H1ZAMaharashtraActive12 Jan 2022

To see the full GST registrations and return filing status of Mineral Resources Ventures Private Limited, buy the company report.

Recent activity

Mineral Resources Ventures Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ashok Kumar Kothari was appointed as Director on 15 Dec 2021.

Charges
A charge registered on 21 Apr 2022 via Charge ID 100570653 with New India Co-Op Bank Limited was fully satisfied on 28 Jul 2025.
AGM
Mineral Resources Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mineral Resources Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with New India Co-Op Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100570653 was registered on 21 Apr 2022.
Appointed
Ashok Kumar Kothari was appointed as Director.
Appointed
Samyak Kankaria was appointed as Director.
Incorporation
15 Dec 2021
Mineral Resources Ventures Private Limited was registered on 15 Dec 2021 with Roc Mumbai & aged 4 years 11 months as per MCA records.

Frequently asked questions

Mineral Resources Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 15 December 2021 (5+ years old) and is registered under CIN U35105MH2021PTC373423.

Mineral Resources Ventures has 2 current directors:

The latest financial statements of Mineral Resources Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Mineral Resources Ventures is 27AAPCM2815H1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Mineral Resources Ventures is U35105MH2021PTC373423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mineral Resources Ventures was incorporated on 15 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashok Kumar Kothari was appointed as Director on 15 Dec 2021. Samyak Kankaria was appointed as Director on 15 Dec 2021.

Yes, Mineral Resources Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0174439).

The registered office of Mineral Resources Ventures is at 1004 Vaastu Labh Bldg No. 2 Pump House Off. Aghadi Naka Vijay Raut Rd Andheri, E, Mumbai, Maharashtra, India – 400093.

Mineral Resources Ventures operates in the metals and minerals industry, in the steel manufacturing and processing segment.