MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-11-0014705
Minestone Minerals Private Limited
Minestone Minerals Private Limited - metals and minerals in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹106.4 Cr
▲ 97% YoY
Net profit · FY 2025
₹91.91 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹2.78 Cr
EBITDA margin 2.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹6.8 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Minestone Minerals Private Limited
Data last updated:
Minestone Minerals Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 22 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24290KA2021PTC152130. Its GSTIN is 29AAOCM9884D1ZO (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Harsha Bhat Yethadka (Managing Director) and Krishna Kumari.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block No 29 Epip Area Ganjimutt, Mangalore, Karnataka, India – 574144.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.4 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹91.91 Lakh (net margin 0.9%) and EBITDA of ₹2.78 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years.
As per MCA filings, the company has open charges of ₹6.8 Cr on record.
Minestone Minerals Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-11-0014705). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24290KA2021PTC152130
Registration Number 152130
Incorporation Date 22 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-11-0014705
Recognitions & Rankings of Minestone Minerals
Contact details
Minestone Minerals Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No 29 Epip Area Ganjimutt, Mangalore, Karnataka, India – 574144
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Minestone Minerals Private Limited, buy the company report.
Comprehensive company report
Minestone Minerals 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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Secure checkout · GST invoice included
Business activity
The main business activity of Minestone Minerals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Minestone Minerals Private Limited, buy the company report.
Financials of Minestone Minerals Private Limited
FY 2025 filings availableMinestone Minerals Private Limited reported revenue of ₹106.4 Cr (up 97% YoY) for FY 2025.
Revenue · FY 2025
₹106.4 Cr ▲ 97%
Net profit · FY 2025
₹91.91 Lakh margin 0.9%
EBITDA · FY 2025
₹2.78 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 150%
EBITDA CAGR growth
3 years · compounded
▲ 90%
Revenue has grown at a compounded annual rate (CAGR) of 150% over three years, including 97% growth 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹106.4 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.78 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹91.91 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.6% | |||
| Net Profit Margin | 0.9% | |||
| 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 Minestone Minerals Private Limited, buy the company report.
Board of directors of Minestone Minerals Private Limited
Minestone Minerals has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsha Bhat Yethadka | Managing Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Krishna Kumari | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Minestone Minerals Private Limited is audited by A. UMANATH RAO & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. UMANATH RAO & CO. | FY 2024 | 004454S |
Shareholding
The shareholding of Minestone Minerals Private Limited is on record for 4 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Minestone Minerals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2021 | 100525345 | State Bank of India | ₹6.8 Cr | Open |
To see the full charge records of Minestone Minerals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Minestone Minerals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Minestone Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minestone Minerals Private Limited has 1 active EPFO establishment as of Oct 08, 2025.
Active EPFO establishments
1
GST
Minestone Minerals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM9884D1ZO | Karnataka | Active | 18 Oct 2021 |
| 29AAOCM9884D1DX | Karnataka | Active | 19 Nov 2024 |
To see the full GST registrations and return filing status of Minestone Minerals Private Limited, buy the company report.
Recent activity
Minestone Minerals Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Harsha Bhat Yethadka was appointed as Managing Director on 22 Sep 2021.
AGM
Minestone Minerals Private Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 6.80 Cr registered on 30 Dec 2021 with Charge ID 100525345 was modified on 30 Jul 2025.
Filing
Minestone Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 6.80 Cr with Charge ID 100525345 was registered on 30 Dec 2021.
Appointed
Harsha Bhat Yethadka was appointed as Managing Director.
Appointed
Krishna Kumari was appointed as Director.
Incorporation
22 Sep 2021
Minestone Minerals Private Limited was registered on 22 Sep 2021 with Roc Bangalore & aged 5 years 1 month as per MCA records.
Frequently asked questions
Minestone Minerals is an active private limited company based in Mangalore, Karnataka, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 22 September 2021 (5+ years old) and is registered under CIN U24290KA2021PTC152130.
Minestone Minerals has 2 current directors:
- Harsha Bhat Yethadka - Managing Director
- Krishna Kumari - Director
The latest financial statements of Minestone Minerals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Minestone Minerals is 29AAOCM9884D1ZO, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAOCM9884D1DX (Karnataka).
The CIN (Corporate Identification Number) of Minestone Minerals is U24290KA2021PTC152130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minestone Minerals was incorporated on 22 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Harsha Bhat Yethadka was appointed as Managing Director on 22 Sep 2021. Krishna Kumari was appointed as Director on 22 Sep 2021.
Yes, Minestone Minerals is registered as an MSME under Udyam registration (number: UDYAM-KR-11-0014705).
The registered office of Minestone Minerals is at Block No 29 Epip Area Ganjimutt, Mangalore, Karnataka, India – 574144.
Minestone Minerals operates in the metals and minerals industry, in the mining and mineral extraction segment.
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