Minmet Refractory Solutions Private Limited - Company Profile

It is a metals and minerals private limited company based in Visakhapatnam, Andhra Pradesh, India, established in 2005.
2005 Visakhapatnam, Andhra Pradesh, India Active
Last Updated:
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About Minmet Refractory Solutions Private Limited

Minmet Refractory Solutions Private Limited, a active private limited company, was established on 12 December 2005 in Visakhapatnam, Andhra Pradesh, India. Engaging in materials retail & distribution within the trade sector, it holds CIN: U52520AP2005PTC048406. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.60 M.

Formerly known as Almag Marketing (India) Pvt Ltd. It upholds a compliant status. Its leadership includes Ravi Kumar Cherukuri (Managing Director), Anuradha Cherukuri (Director). Past directors included Ravi Kumar Cherukuri, Kalyan Mukherjee, Eluri Bangaru Babu. It holds ₹19.72 Cr open charges and ₹14.35 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 101 B, Sri Venkateswara Towers, 5Th Lane, Dwarakanagar,, Visakhapatnam, Andhra Pradesh, 530016.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U52520AP2005PTC048406

  • Registration Number

    048406

  • Incorporation Date

    12 December 2005

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.60 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.60 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.72 Cr
  • Satisfied Charges ₹ 14.35 Cr
  • Revenue Growth **** -22.07%
  • Profit Growth **** -34.25%
  • Ebitda **** -53.79%
  • Net Worth 5.23%
  • Total Assets -0.25%
Company report

Minmet Refractory Solutions Private Limited

Company Report FY 2025-2026

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Explore comprehensive insights into Minmet Refractory Solutions 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 Minmet Refractory Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Ravi Kumar Cherukuri Managing Director 20 Jan 2006 Current
Anuradha Cherukuri Director 05 Jul 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Oct 2011 Past
Pramod Abcsdd Director 21 Oct 2011 Past
Pramod Abcsdd Director 05 Jul 2013 Past

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Financial Performance of Minmet Refractory Solutions.

Minmet Refractory Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.07% decrease. The company also saw a substantial fall in profitability, with a 34.25% decrease in profit. The company's net worth moved up by a moderate rise of 5.23%.

Minmet Refractory Solutions revenue growth over time
Minmet Refractory Solutions 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
********
 -22.07%
*******
*******
*******
*******
Revenue from Operations
*******
 -23.90%
*******
*******
*******
*******
Total Assets
*******
 -0.25%
*******
*******
*******
*******
Profit or Loss
*******
 -34.25%
*******
*******
*******
*******
Net Worth
*******
 5.23%
*******
*******
*******
*******
EBITDA
*******
 -53.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Minmet Refractory Solutions?

In 2023, Minmet Refractory Solutions had a promoter holding of 100.00%. 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

₹197,200,000.00

Satisfied Charges

₹143,489,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 19.72 Cr
Latest Charge Details
Date Lender Amount Status
04 Jun 2020 State Bank Of India ₹1.72 Cr Open
20 Mar 2010 State Bank Of India ₹18.00 Cr Open
11 Oct 2012 State Bank Of Hyderabad ₹0.76 M Satisfied
04 Aug 2011 State Bank Of Hyderabad ₹3.30 Cr Satisfied
09 Aug 2007 Union Bank Of India ₹10.97 Cr Satisfied

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How Many Employees Work at Minmet Refractory Solutions?

Unlock and access historical data on people associated with Minmet Refractory Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Minmet Refractory Solutions, 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 Minmet Refractory Solutions'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 Minmet Refractory Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Minmet Refractory Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Minmet Refractory Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.

  • Charges

    The activity A charge registered on 11 Oct 2012 via Charge ID 10383656 with State Bank Of Hyderabad was fully satisfied on 17 Mar 2022. was completed.

  • Charges

    Progress on A charge registered on 04 Aug 2011 via Charge ID 10305161 with State Bank Of Hyderabad was fully satisfied on 17 Mar 2022. was documented.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 1.72 Cr with Charge ID 100390280 was registered on 04 Jun 2020. was documented.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 18.00 Cr registered on 20 Mar 2010 with Charge ID 10216462 was modified on 07 Mar 2019. was documented.

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Frequently Asked Questions
What is the CIN of Minmet Refractory Solutions Private Limited?

The CIN of Minmet Refractory Solutions Private Limited is U52520AP2005PTC048406.

Where is Minmet Refractory Solutions Private Limited headquartered?

Minmet Refractory Solutions Private Limited is headquartered at 101 B, Sri Venkateswara Towers, 5Th Lane, Dwarakanagar,, Visakhapatnam, Andhra Pradesh, 530016.

When was Minmet Refractory Solutions Private Limited incorporated?

Minmet Refractory Solutions Private Limited was incorporated on 12 December 2005.

Who are the current directors of Minmet Refractory Solutions Private Limited?

The current directors of Minmet Refractory Solutions Private Limited are

What is the primary industry of Minmet Refractory Solutions Private Limited?

The primary industry of Minmet Refractory Solutions Private Limited is Trade.

Is Minmet Refractory Solutions Private Limited a listed company?

Minmet Refractory Solutions Private Limited is unlisted.

What is the capital structure of Minmet Refractory Solutions Private Limited?

The authorized capital of Minmet Refractory Solutions Private Limited is ₹1.00 Cr, and the paid-up capital is ₹9.60 M.

What is the compliance status of Minmet Refractory Solutions Private Limited?

The compliance status of Minmet Refractory Solutions Private Limited is Compliant.

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