Passary Minerals Madhya Private Limited

Passary Minerals Madhya Private Limited - manufacturing in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
CIN U14100CT2014PTC001598 Incorporated 09 December 2014 ROC Chhattisgarh HQ Raipur, Chhattisgarh, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹97.56 Cr
▲ 85% YoY
Net profit · FY 2025
₹5.51 Cr
Net margin 5.7%
EBITDA · FY 2025
₹8.91 Cr
EBITDA margin 9.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.15 Lakh
Issued & subscribed
Open charges
₹10.27 Cr
Satisfied ₹11 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
56
Provident fund records

About Passary Minerals Madhya Private Limited

Data last updated:

Passary Minerals Madhya Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 09 December 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U14100CT2014PTC001598. Its GSTIN is 22AAHCP9274B1ZI (Chattisgarh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.15 Lakh. It is led by directors Pradeep Passary and Kavit Passary.

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 C Shriram Business Park, Raipur, Chhattisgarh.

As per the financials filed for FY 2025, the company reported a revenue of ₹97.56 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹5.51 Cr (net margin 5.7%) and EBITDA of ₹8.91 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 55% over five years.

The company has about 56 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.27 Cr and satisfied charges of ₹11 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 1 deal on record (1 rights issue); the latest was in January 2018. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 204 overdue payments to 11 micro and small suppliers.

Passary Minerals Madhya Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0018859). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pasmin.com.

Company details

CIN U14100CT2014PTC001598
Registration Number 001598
Incorporation Date 09 December 2014
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CG-14-0018859
Key People
Pradeep Passary Director Kavit Passary Director

Recognitions & Rankings of Passary Minerals Madhya

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-CG-14-0018859

Contact details

Passary Minerals Madhya Private Limited's registered office is in Raipur, Chhattisgarh. Its website is pasmin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pasmin.com
  • Registered Address
    Shop No. 207 – 209 & 218 – 220 Block – C Shriram Business Park, Vidhan Sabha Road Amaseoni, Raipur, Chhattisgarh, India – 493111
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Passary Minerals Madhya Private Limited, buy the company report.

Comprehensive company report
Passary Minerals Madhya 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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Business activity

The main business activity of Passary Minerals Madhya is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Passary Minerals Madhya Private Limited, buy the company report.

Financials of Passary Minerals Madhya Private Limited

FY 2024 filings available

Passary Minerals Madhya Private Limited reported revenue of ₹97.56 Cr (up 85% YoY) for FY 2025.

Revenue · FY 2025
₹97.56 Cr ▲ 85%
Net profit · FY 2025
₹5.51 Cr margin 5.7%
EBITDA · FY 2025
₹8.91 Cr margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 65%
5 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▲ 151%
3 years · compounded
▲ 95%
5 years · compounded
▲ 61%

Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 85% growth in the latest year. EBITDA rose 151% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.91 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.51 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.1%
Net Profit Margin5.7%
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 Passary Minerals Madhya Private Limited, buy the company report.

Board of directors of Passary Minerals Madhya Private Limited

Passary Minerals Madhya has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradeep Passary
Also directs: Pasmin Realty LLP, Refrasynth Minerals India Private Limited, Erde Energy Private Limited and 2 more
Director09 Dec 201411 Years 10 MonthsCurrent
Kavit Passary
Also directs: Pasmin Engineers LLP, Pasmin Realty LLP, Botivate Services LLP and 4 more
Director09 Dec 201411 Years 10 MonthsCurrent
View all directors

Auditor

Passary Minerals Madhya Private Limited is audited by BHAGHEL & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
BHAGHEL & ASSOCIATESFY 2022002507C

Shareholding

The shareholding of Passary Minerals Madhya Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Passary Minerals Madhya Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.27 Cr
Satisfied charges
₹11 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹10.01 Cr
Axis Bank Limited₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Aug 2025101169008Hdfc Bank Limited₹10 LakhOpen
07 Jul 2025101156468Hdfc Bank Limited₹6.07 LakhOpen
18 Jun 2025101133049Hdfc Bank Limited₹9 CrOpen
28 May 2025101137800Hdfc Bank Limited₹17.6 LakhOpen
25 Oct 2023100835680Hdfc Bank Limited₹11.97 LakhOpen

To see the full charge records of Passary Minerals Madhya Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Passary Minerals Madhya Private Limited has 1 deal on record (1 rights issue); the latest was in January 2018.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2018Rights issue₹25.2 LakhInvestors: Kavit Passary Huf, 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Passary Minerals Madhya Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 204 overdue payments to 11 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 11)

SupplierAmount dueDue sinceReported on
Sharda Refractories Private Limited
an individual supplier
an individual supplier
an individual supplier
Passary Minerals Private Limited

To see the full MSME payment records of Passary Minerals Madhya Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Passary Minerals Madhya Private Limited has a workforce of 56 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
56
Active EPFO establishments
1
Employee growth
3.7%

GST

Passary Minerals Madhya has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
22AAHCP9274B1ZIChattisgarhActive01 Jul 2017

To see the full GST registrations and return filing status of Passary Minerals Madhya Private Limited, buy the company report.

Recent activity

Passary Minerals Madhya Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Kavit Passary was appointed as Director on 09 Dec 2014.

Charges
A charge with Hdfc Bank Limited of Rs. 900.00 Lakh registered on 18 Jun 2025 with Charge ID 101133049 was modified on 13 Nov 2025.
Charges
A charge registered on 27 Oct 2023 via Charge ID 100822685 with Bank Of India was fully satisfied on 03 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 101169008 was registered on 30 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.07 Lakh with Charge ID 101156468 was registered on 07 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 900.00 Lakh with Charge ID 101133049 was registered on 18 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.60 Lakh with Charge ID 101137800 was registered on 28 May 2025.
AGM
Passary Minerals Madhya Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Bank Of India of Rs. 900.00 Lakh registered on 27 Oct 2023 with Charge ID 100822685 was modified on 18 Jul 2024.
Filing
Passary Minerals Madhya Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge registered on 21 Dec 2022 via Charge ID 100662760 with Axis Bank Limited was fully satisfied on 21 Dec 2023.
Charges
A charge with Bank Of India amounted to Rs. 900.00 Lakh with Charge ID 100822685 was registered on 27 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.97 Lakh with Charge ID 100835680 was registered on 25 Oct 2023.

7 earlier events are in the company report.

Frequently asked questions

Passary Minerals Madhya is an active private limited company based in Raipur, Chhattisgarh, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 09 December 2014 (12+ years old) and is registered under CIN U14100CT2014PTC001598.

Passary Minerals Madhya has 2 current directors:

The latest financial statements of Passary Minerals Madhya 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 Passary Minerals Madhya is 22AAHCP9274B1ZI, registered in Chattisgarh.

The CIN (Corporate Identification Number) of Passary Minerals Madhya is U14100CT2014PTC001598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Passary Minerals Madhya has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.

Passary Minerals Madhya was incorporated on 09 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chhattisgarh.

Passary Minerals Madhya has 1 deal on record (1 rights issue); the latest was in January 2018.

Kavit Passary was appointed as Director on 09 Dec 2014. Pradeep Passary was appointed as Director on 09 Dec 2014.

Yes, Passary Minerals Madhya is registered as a small enterprise under Udyam registration (number: UDYAM-CG-14-0018859).

Passary Minerals Madhya has 2 MSME Form 1 returns on record between 2018 and 2019, listing 204 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 May 2019.