- #974 Chander Bhushan Bajaj & family ₹2,900 Cr

About Mohit Minerals Limited
Data last updated:
Mohit Minerals Limited is a public limited company based in New Delhi, Delhi, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 29 July 2004 and has been in existence for over 22 years.
Its director Chander Bhushan Bajaj and family are #974 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U14292DL2004PLC127951. Its GSTIN is 07AAECM0448B2ZX (Delhi). The company holds 19 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹21.37 Cr. It was formerly known as Mohit Minerals Private Limited. It is led by directors including Chander Bhushan Bajaj (Managing Director) and Gagan Khurana (Whole-Time Director).
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 7/23 Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,982.65 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹149.8 Cr (net margin 5%) and EBITDA of ₹243.53 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 183 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mohit Minerals. As per MCA filings, the company has open charges of ₹1,605.07 Cr and satisfied charges of ₹215.37 Cr on record. Court records list 100 cases involving the company, including 39 filed by the company and 61 filed against it; 18 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mohitminerals.in.
Company details
CIN history
Mohit Minerals has one previous CIN (Corporate Identification Number): U14292DL2004PTC127951. The current CIN is U14292DL2004PLC127951, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14292DL2004PLC127951 | Current |
| U14292DL2004PTC127951 | Previous |
Recognitions & Rankings of Mohit Minerals
Contact details
Mohit Minerals Limited's registered office is in New Delhi, Delhi. Its website is mohitminerals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7/23 Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Mohit Minerals Limited, buy the company report.
- 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
Brands
Mohit Minerals operates one associated brand: Mohit Minerals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coal production and iron ore mining company | mohitminerals.in |
Business activity
The main business activities of Mohit Minerals are trade, transport and storage and support service to organizations. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| H | Transport and storage | H6 | Warehousing and storage | |
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Mohit Minerals Limited, buy the company report.
Financials of Mohit Minerals Limited
FY 2024 filings availableMohit Minerals Limited reported revenue of ₹2,982.65 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 44% 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 | FY 2020-21 |
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| EBITDA | ₹243.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹149.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mohit Minerals Limited, buy the company report.
Board of directors of Mohit Minerals Limited
Mohit Minerals has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Bajaj Also directs: Surya Chemphos Private Limited, Urjanext Renewables Private Limited, Neonergy Power Private Limited and 5 more | Director | 15 Jan 2018 | 8 Years 9 Months | Current |
| Ajay Kumar Kathuria | Additional Director | 25 Mar 2025 | 1 Years 6 Months | Current |
| Manoj Sharma | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Chander Bhushan Bajaj Also directs: Alpha Coal Benefication and Infrastructure LLP, Gemini Mines & Minerals LLP, Surya Chemphos Private Limited and 5 more | Managing Director | 29 Jul 2004 | 22 Years 2 Months | Current |
| Gagan Khurana Also directs: Alpha Coal Benefication and Infrastructure LLP, Urjanext Renewables Private Limited, Neonergy Power Private Limited and 5 more | Whole-Time Director | 16 Dec 2023 | 2 Years 10 Months | Current |
| Suman Bajaj Also directs: Marigold Buildcons Private Limited | Director | 29 Jul 2004 | 22 Years 2 Months | Current |
Peer comparison
Mohit Minerals Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Northern Exim Private Limited TFR. From Kanpur to Delhi | ₹3,069.66 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Taranjot Resources Private Limited | ₹3,028.04 Cr (FY 2024) | 19.0% | Surat, Gujarat, India | |||
| Mohit Minerals Limitedthis company | ₹2,982.65 Cr (FY 2025) | ₹149.8 Cr | 5% | -15.0% | 183 | New Delhi, Delhi, India |
| Rawmet Resources Private Limited | ₹2,768.08 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Mahendra Strips Private Limited | ₹2,680.15 Cr (FY 2023) | 314.0% | Raipur, Chhattisgarh, India | |||
| Saraogi Udyog Private Limited | ₹2,604.55 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mohit Minerals Limited, buy the company report.
Auditor
Mohit Minerals Limited is audited by SUSHIL KUMAR SINGLA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL KUMAR SINGLA & CO | FY 2023 | 016033N |
Shareholding
The shareholding of Mohit Minerals 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mohit Minerals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2025 | 101184453 | Others | ₹45 Cr | Open | |
| 02 Aug 2025 | 101140257 | Canara Bank | ₹45.68 Cr | Open | |
| 21 May 2025 | 101137502 | Hdfc Bank Limited | ₹150 Cr | Open | |
| 06 May 2025 | 101094445 | The South Indian Bank Limited | ₹36.4 Cr | Open | |
| 08 Apr 2025 | 101086438 | Hdfc Bank Limited | ₹50 Cr | Open |
To see the full charge records of Mohit Minerals Limited, buy the company report.
Total charge records: 38 View all charges
Legal cases
Mohit Minerals Limited has 100 court cases on record: 39 filed by Mohit Minerals, 61 filed against it. 18 cases are pending and 82 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 72 | 50 | 11 |
| District courts | 22 | 8 | 7 |
| Supreme Court | 5 | 3 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 100)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Real Dairy Industries Pvt Ltd | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Dhanlaxmi Paper Mills Pvt Ltd | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Sangam Prints P Ltd | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against RBL Bank Limited and 1 other | Pending |
| Bombay High Court | Court case (COMEX) | Filed by the company against Maharashtra Small Scale Industries Development Corporation Limited | Pending |
To see the full case history of Mohit Minerals Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mohit Minerals Limited was last rated by Brickwork on 04 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 04 Jan 2021 |
To see the full credit ratings and regulatory alerts of Mohit Minerals Limited, buy the company report.
MSME payment delays
Mohit Minerals Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 63 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ssskds Private Limited | |||
| Bhagwati Mining Private Limited | |||
| an individual supplier | |||
| J.J.T.Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Mohit Minerals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mohit Minerals has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Green Earth Coal and Logistics Private Limited | U63030PB2019PTC050247 |
To see the full group structure of Mohit Minerals Limited, buy the company report.
Employees & EPFO
Mohit Minerals Limited has a workforce of 183 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Mohit Minerals has 19 GST registrations: 13 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECM0448B2ZX | Delhi | Active | 14 Sep 2017 |
| 07AAECM0448B3ZW | Delhi | Active | 09 May 2018 |
| 03AAECM0448B1Z6 | Punjab | Active | 01 Jul 2017 |
| 19AAECM0448B1ZT | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mohit Minerals Limited, buy the company report.
Recent activity
Mohit Minerals Limited has 13 board changes on record since 2004: 6 appointments and 7 cessations. The latest: Ajay Kumar Kathuria was appointed as Additional Director on 25 Mar 2025.
64 earlier events are in the company report.
Frequently asked questions
Mohit Minerals is an active public limited company based in New Delhi, Delhi, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 29 July 2004 (22+ years old) and is registered under CIN U14292DL2004PLC127951.
Mohit Minerals has 6 current directors:
- Chander Bhushan Bajaj - Managing Director
- Gagan Khurana - Whole-Time Director
- Mohit Bajaj - Director
- Ajay Kumar Kathuria - Additional Director
- Manoj Sharma - Director
- Suman Bajaj - Director
The latest financial statements of Mohit Minerals 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 2015 are in the company report.
The GSTIN of Mohit Minerals is 07AAECM0448B2ZX, registered in Delhi. The company has 19 GST registrations in all, of which 13 are active and 6 are cancelled or inactive. Other active GSTINs include 07AAECM0448B3ZW (Delhi), 03AAECM0448B1Z6 (Punjab), 19AAECM0448B1ZT (West Bengal).
The CIN (Corporate Identification Number) of Mohit Minerals is U14292DL2004PLC127951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mohit Minerals has 100 court cases on record: 39 filed by the company and 61 filed against it. 18 are pending. Most are in the high courts.
Mohit Minerals was incorporated on 29 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mohit Minerals by revenue are Northern Exim Private Limited TFR. From Kanpur to Delhi, Taranjot Resources Private Limited, Rawmet Resources Private Limited, Mahendra Strips Private Limited, Saraogi Udyog Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Ajay Kumar Kathuria was appointed as Additional Director on 25 Mar 2025. Gagan Khurana was appointed as Whole-Time Director on 16 Dec 2023. Gauri Shankar ceased to be Additional Director on 29 Sep 2023. Mohit Minerals has 13 board changes on record in total.
Mohit Minerals has 5 MSME Form 1 returns on record between 2019 and 2024, listing 63 overdue payments to 26 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Mohit Minerals can be reached through the website mohitminerals.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Mohit Minerals is at 723 Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015.