About New India Mining Corporation Pvt Ltd
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New India Mining Corporation Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 05 February 1941 and has been in existence for over 85 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14101MH1941PTC003266. Its GSTIN is 27AAACN2232L1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sandeep Shrivastava and Sudeep Shyamkumar Shrivastava.
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 Nirmal16Th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.89 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹90.5 Lakh and EBITDA of -₹79 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹87.5 Lakh on record. Court records list 27 cases involving the company, including 12 filed by the company and 15 filed against it; 5 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 seekandsource.com.
Company details
Contact details
New India Mining Corporation Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is seekandsource.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNirmal16Th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of New India Mining Corporation Pvt Ltd, 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
Financials of New India Mining Corporation Pvt Ltd
FY 2024 filings availableNew India Mining Corporation Pvt Ltd reported revenue of ₹5.89 Lakh (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹90.5 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of New India Mining Corporation Pvt Ltd, buy the company report.
Board of directors of New India Mining Corporation Pvt Ltd
New India Mining Corporation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Shrivastava Also directs: Ritu Farms Private Limited, Everest Mining and Minerals Private Limited, Sandeep Earthmoving Equipments Pvt Ltd and 5 more | Director | 02 Jan 2006 | 20 Years 10 Months | Current |
| Sudeep Shyamkumar Shrivastava Also directs: Ritu Farms Private Limited, Everest Mining and Minerals Private Limited, Sandeep Earthmoving Equipments Pvt Ltd and 5 more | Director | 02 Jan 2006 | 20 Years 10 Months | Current |
Peer comparison
New India Mining Corporation Pvt Ltd is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (mining of metal ores), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A. K. Mining & Stones Private Limited | ₹5.97 Lakh (FY 2019) | Rajsamand, Rajasthan, India | ||||
| Idio Construction & Industries (India) Limited | ₹5.9 Lakh (FY 2020) | -34.0% | Patna, Bihar, India | |||
| New India Mining Corporation Pvt Ltdthis company | ₹5.89 Lakh (FY 2024) | -₹90.5 Lakh | 36.0% | 13 | Mumbai, Maharashtra, India | |
| M & M Mining Private Limited | ₹5.79 Lakh (FY 2024) | -45.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of New India Mining Corporation Pvt Ltd, buy the company report.
Auditor
New India Mining Corporation Pvt Ltd is audited by V.N.R VARMA ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.N.R VARMA ASSOCIATES | FY 2022 | 007220S |
Shareholding
The shareholding of New India Mining Corporation Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of New India Mining Corporation Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2004 | 80044425 | Ispat Finance Limited | ₹87.5 Lakh | Satisfied | |
| 19 Aug 1994 | 80003408 | State Bank of India | ₹- | Satisfied | |
| 10 Oct 1990 | 80003404 | State Bank of India | ₹- | Satisfied | |
| 21 Sep 1990 | 80003410 | Mmtc Ltd | ₹- | Satisfied | |
| 30 Aug 1990 | 80003400 | State Bank of India | ₹- | Satisfied |
To see the full charge records of New India Mining Corporation Pvt Ltd, buy the company report.
Total charge records: 13 View all charges
Legal cases
New India Mining Corporation Pvt Ltd has 27 court cases on record: 12 filed by New India Mining Corporation, 15 filed against it. 5 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 12 | 5 |
| District courts | 7 | 2 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Redi Port Ltd. and Ors | Pending |
| Bombay High Court | Writ petition | Filed against the company by Exo Resource Mines Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Exo Resource Mines Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CAW) | Filed against the company by Redi Port Limited., | Disposed |
| Bombay High Court | Court case (CAW) | Filed against the company by Redi Port Limited., | Disposed |
To see the full case history of New India Mining Corporation Pvt Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New India Mining Corporation Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
New India Mining Corporation Pvt Ltd has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
New India Mining Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN2232L1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New India Mining Corporation Pvt Ltd, buy the company report.
Recent activity
New India Mining Corporation Pvt Ltd has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Shayamkumar Shivbhajanlal Shrivastava ceased to be Director on 15 Jun 2019.
21 earlier events are in the company report.
Frequently asked questions
New India Mining Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 05 February 1941 (85+ years old) and is registered under CIN U14101MH1941PTC003266.
New India Mining Corporation has 2 current directors:
- Sandeep Shrivastava - Director
- Sudeep Shyamkumar Shrivastava - Director
The latest financial statements of New India Mining Corporation 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 New India Mining Corporation is 27AAACN2232L1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of New India Mining Corporation is U14101MH1941PTC003266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New India Mining Corporation has 27 court cases on record: 12 filed by the company and 15 filed against it. 5 are pending. Most are in the high courts.
New India Mining Corporation was incorporated on 05 February 1941, making it 85+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of New India Mining Corporation by revenue are A. K. Mining & Stones Private Limited, Idio Construction & Industries (India) Limited, M & M Mining Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (mining of metal ores).
Shayamkumar Shivbhajanlal Shrivastava ceased to be Director on 15 Jun 2019. Jagdishprasad Chokhelal Verma ceased to be Director on 09 Feb 2009. Sandeep Shrivastava was appointed as Director on 02 Jan 2006. New India Mining Corporation has 4 board changes on record in total.
New India Mining Corporation can be reached through the website seekandsource.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of New India Mining Corporation is at Nirmal16Th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
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