Mining Associates Private Limited - Company Profile

It is a metals and minerals private limited company based in Kulti, West Bengal, India, established in 2003.
2003 Kulti, West Bengal, India Active
Last Updated:
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About Mining Associates Private Limited

Mining Associates Private Limited, a active private limited company, was established on 06 May 2003 in Kulti, West Bengal, India. Engaging in mining & mineral extraction within the professional, scientific and technical sector, it holds CIN: U10200WB2003PTC096162. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹1.91 Cr.

It upholds a compliant status. Employing 728 professional, Its leadership includes Sanjay Bansal (Director), Rajesh Bansal (Director), Pratik Bansal (Director). Past directors included Jai Prakash Bansal, Ram Baboo Bansal. It holds ₹94.87 Cr open charges and ₹105.43 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 110, Maindhemo, (Near Dhemomain Bus Stand) P.O. Sitarampur,, Kulti, West Bengal, 713359.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U10200WB2003PTC096162

  • Registration Number

    096162

  • Incorporation Date

    06 May 2003

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹1.91 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.91 Cr
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 94.87 Cr
  • Satisfied Charges ₹ 105.43 Cr
  • Revenue Growth **** 37.04%
  • Profit Growth **** -39.15%
  • Ebitda **** -69.50%
  • Net Worth 1.18%
  • Total Assets **** 5.90%
Company report

Mining Associates Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mining Associates Private 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 Mining Associates Private Limited?
Current Directors
Name Designation Appointment Date Status
Sanjay Bansal Director 06 May 2003 Current
Rajesh Bansal Director 10 May 2004 Current
Pratik Bansal Director 15 May 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Oct 2012 Past
Pramod Abcsdd Managing Director 11 Dec 2023 Past

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Financial Performance of Mining Associates.

Mining Associates Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.04% increase. The company also saw a substantial fall in profitability, with a 39.15% decrease in profit. The company's net worth moved up by a moderate rise of 1.18%.

Mining Associates revenue growth over time
Mining Associates 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
********
 37.04%
*******
*******
*******
*******
Revenue from Operations
*******
 37.74%
*******
*******
*******
*******
Total Assets
*******
 5.90%
*******
*******
*******
*******
Profit or Loss
*******
 -39.15%
*******
*******
*******
*******
Net Worth
*******
 1.18%
*******
*******
*******
*******
EBITDA
*******
 -69.50%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mining Associates?

In 2023, Mining Associates had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. 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

₹948,737,913.00

Satisfied Charges

₹1,054,321,100.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 57.38 Cr
  • Axis Bank Limited : 36.14 Cr
  • Srei Equipment Finance Private Limited : 0.71 Cr
  • Icici Bank Limited : 0.65 Cr
Latest Charge Details
Date Lender Amount Status
27 Sep 2025 Hdfc Bank Limited ₹1.17 Cr Open
15 Sep 2025 Hdfc Bank Limited ₹1.17 Cr Open
30 Aug 2025 Hdfc Bank Limited ₹1.18 Cr Open
22 May 2025 Hdfc Bank Limited ₹40.00 Cr Open
27 Feb 2025 Axis Bank Limited ₹1.14 Cr Open

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How Many Employees Work at Mining Associates?

Mining Associates has a workforce of 728 employees as of Apr 09, 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 Mining Associates, 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 Mining Associates'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 Mining Associates
Recent Activity within the Organization
  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.17 Cr with Charge ID 101191115 was registered on 27 Sep 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.17 Cr with Charge ID 101191113 was registered on 15 Sep 2025. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.18 Cr with Charge ID 101183221 was registered on 30 Aug 2025. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 22 May 2025 with Charge ID 101108787 was modified on 11 Jul 2025. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 101108787 was registered on 22 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 27 Dec 2021 via Charge ID 100520333 with Axis Bank Limited was fully satisfied on 05 Mar 2025. was documented.

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Frequently Asked Questions
What is the CIN of Mining Associates Private Limited?

The CIN of Mining Associates Private Limited is U10200WB2003PTC096162.

Where is Mining Associates Private Limited headquartered?

Mining Associates Private Limited is headquartered at 110, Maindhemo, (Near Dhemomain Bus Stand) P.O. Sitarampur,, Kulti, West Bengal, 713359.

When was Mining Associates Private Limited incorporated?

Mining Associates Private Limited was incorporated on 06 May 2003.

Who are the current directors of Mining Associates Private Limited?

The current directors of Mining Associates Private Limited are

What is the primary industry of Mining Associates Private Limited?

The primary industry of Mining Associates Private Limited is Professional, Scientific And Technical.

Is Mining Associates Private Limited a listed company?

Mining Associates Private Limited is unlisted.

What is the capital structure of Mining Associates Private Limited?

The authorized capital of Mining Associates Private Limited is ₹4.00 Cr, and the paid-up capital is ₹1.91 Cr.

What is the compliance status of Mining Associates Private Limited?

The compliance status of Mining Associates Private Limited is Compliant.

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