Right Minerals Private Limited
About Right Minerals Private Limited
Data last updated:
Right Minerals Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 13 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U14219WB2009PTC135883. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raj Kumar Daga and Raj Kamal Singh.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 9 Mango Lane Gurunanak Estate 2nd Floor Room No. 2, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2015, the company reported a revenue of ₹26.81 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 0.1%) and EBITDA of ₹5.19 Lakh (EBITDA margin 0.2%).
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.
Company details
Contact details
Right Minerals Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 Mango Lane Gurunanak Estate 2nd Floor Room No. 2, Kolkata, West Bengal, India – 700001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Right Minerals Private 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
Financials of Right Minerals Private Limited
FY 2015 filings availableRight Minerals Private Limited reported revenue of ₹26.81 Cr (down 44% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹26.81 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹5.19 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.15 Lakh |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.2% |
| Net Profit Margin | 0.1% |
| 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 Right Minerals Private Limited, buy the company report.
Board of directors of Right Minerals Private Limited
Right Minerals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Daga | Director | 13 Jun 2009 | 17 Years 4 Months | Current |
| Raj Kamal Singh Also directs: Blockdeal Suppliers Private Limited, Parashnath Projects Advisory Private Limited, Waltaz Vyapaar Private Limited and 5 more | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Right Minerals Private Limited is audited by PRABHAT & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRABHAT & CO | FY 2015 | 010458C |
Shareholding
The shareholding of Right Minerals Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Right Minerals Private Limited, buy the company report.
Legal cases
Right Minerals Private Limited has 6 court cases on record: 5 filed by Right Minerals, 1 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Commissioner of Customs (Preventive) & Ors | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Commissioner of Customs (Preventive) West Bengal & Ors | Pending |
| Calcutta High Court | Court case (FMA) | Filed against the company by Directorrate of Revenue Intelligence, Govt of India & Anr | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Directorate of Revenue Intelligence, Govt of India & Ors | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Right Minerals Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Right Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Right Minerals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Right Minerals Private Limited, buy the company report.
Recent activity
Right Minerals Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Raj Kamal Singh was appointed as Director on 21 Jun 2012.
Frequently asked questions
Right Minerals is an active private limited company based in Kolkata, West Bengal, India. The company works in other wholesale, within the trading industry. It was incorporated on 13 June 2009 (17+ years old) and is registered under CIN U14219WB2009PTC135883.
Right Minerals has 2 current directors:
- Raj Kumar Daga - Director
- Raj Kamal Singh - Director
The latest financial statements of Right Minerals on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Right Minerals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Right Minerals is U14219WB2009PTC135883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Right Minerals has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending.
Right Minerals was incorporated on 13 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Raj Kamal Singh was appointed as Director on 21 Jun 2012. Rajeev Kumar Jha ceased to be Director on 21 Jun 2012. Raj Kumar Daga was appointed as Director on 13 Jun 2009.
The registered office of Right Minerals is at 9 Mango Lane Gurunanak Estate 2nd Floor Room No. 2, Kolkata, West Bengal, India – 700001.
Right Minerals operates in the trading industry, in the other wholesale segment.