Ronak Minerals Private Limited
About Ronak Minerals Private Limited
Data last updated:
Ronak Minerals Private Limited is a private limited company based in Banaskantha, Gujarat, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 04 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14101GJ2001PTC039386. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.04 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors Devendarbhai Ramabhai Patel and Rajeshkumar Rambhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at City Koitapuratal Palanpur Dist, Banaskantha, Gujarat, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.43 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹2.34 Lakh (net margin -0.7%) and EBITDA of ₹42.63 Lakh (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹12.78 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressCity Koitapuratal Palanpur Dist, Banaskantha, Gujarat, India
- IndustryMetals and Minerals, Mining & Mineral Extraction
- 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
- One PDF report, delivered after checkout
Business Activity of Ronak Minerals Private Limited
The main business activity of Ronak Minerals is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ronak Minerals Private Limited FY 2019 filings available
Ronak Minerals Private Limited reported revenue of ₹3.43 Cr (down 54% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Ronak Minerals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 54% fall in the latest year. EBITDA fell 49% 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 of Ronak Minerals Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.43 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹42.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.34 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 of Ronak Minerals Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ronak Minerals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ronak Minerals Private Limited
Ronak Minerals Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matritaw Bhawani Services Private Limited | ₹3.46 Cr (FY 2025) | •••• | •••• | 822.0% | •••• | Gaya, Bihar, India |
| Selvi Earthmovers & Transports Private Limited | ₹3.45 Cr (FY 2019) | •••• | •••• | -74.0% | •••• | Chennai, Tamil Nadu, India |
| Oriental Credit Capital Ltd | ₹3.45 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| Vijay Stone Quarriers Pvt. Ltd. | ₹3.44 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Hyderabad, Telangana, India |
| Nedunchezhian Infratech Private Limited | ₹3.43 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Madurai, Tamil Nadu, India |
| Ronak Minerals Private Limited this company | ₹3.43 Cr (FY 2019) | •••• | •••• | -54.0% | •••• | Banaskantha, Gujarat, India |
| Starx Tar Private Limited | ₹3.42 Cr (FY 2025) | •••• | •••• | -93.0% | •••• | Durg, Chhattisgarh, India |
| Basuki Metals (India) Private Limited | ₹3.41 Cr (FY 2018) | •••• | •••• | -50.0% | •••• | Kolkata, West Bengal, India |
| Vardan Stone & Mines Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Premium Silica India Private Limited | ₹3.4 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Udaipur, Rajasthan, India |
| Rising Sun Mining Private Limited | ₹3.39 Cr (FY 2020) | •••• | •••• | -35.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ronak Minerals by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ronak Minerals Private Limited
Ronak Minerals Private Limited is audited by R CHOUDHARY & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R CHOUDHARY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ronak Minerals Private Limited
Ronak Minerals 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 |
|---|---|---|---|---|
| Devendarbhai Ramabhai Patel | Director | 04 Apr 2001 | 25 Years 6 Months | Current |
| Rajeshkumar Rambhai Patel | Director | 04 Apr 2001 | 25 Years 6 Months | Current |
Ownership and Shareholding of Ronak Minerals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ronak Minerals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2018 | Others | ₹95 Lakh | Open |
| 01 Nov 2012 | Srei Equipment Finance Private Limited | ₹45.87 Lakh | Open |
| 17 Nov 2006 | State Bank of India | ₹4.97 Cr | Open |
| 17 Nov 2006 | State Bank of India | ₹6.4 Cr | Open |
Total charge records: 4 View all charges
Legal Cases of Ronak Minerals Private Limited
Ronak Minerals Private Limited has 6 court cases on record: 3 filed by Ronak Minerals, 2 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Filed by the company against Kotak Mahindra Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Aravalli at Modasa, Gujarat | Motor accident claim | Company is another party | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Authorized Officer State Bank of India, Palanpur Main Branch | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Authorized Officer, State Bank of India | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ronak Minerals Private Limited
Employment history and EPFO contributions of people linked to Ronak Minerals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ronak Minerals Private Limited
Ronak Minerals Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Girishbhai Laxmichandbhai Patel ceased to be Director on 24 Dec 2016.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ronak Minerals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ronak Minerals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ronak Minerals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ronak Minerals Private Limited
Ronak Minerals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ronak Minerals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ronak Minerals Private Limited
Ronak Minerals is an active private limited company based in Banaskantha, Gujarat, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 04 April 2001 (25+ years old) and is registered under CIN U14101GJ2001PTC039386.
Ronak Minerals reported revenue of ₹3.43 Cr for FY 2019 (down 54% YoY).
Ronak Minerals has 2 current directors:
- Devendarbhai Ramabhai Patel - Director
- Rajeshkumar Rambhai Patel - Director
Ronak Minerals reported a net loss of ₹2.34 Lakh (net margin -0.7%) and EBITDA of ₹42.63 Lakh (EBITDA margin 12.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ronak Minerals is -40% over three years and -21% over five years. In the latest year (FY 2019) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
No. Ronak Minerals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ronak Minerals is U14101GJ2001PTC039386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ronak Minerals has 6 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.
Ronak Minerals was incorporated on 04 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ronak Minerals by revenue are Matritaw Bhawani Services Private Limited, Selvi Earthmovers & Transports Private Limited, Oriental Credit Capital Ltd, Vijay Stone Quarriers Pvt. Ltd, Nedunchezhian Infratech Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Girishbhai Laxmichandbhai Patel ceased to be Director on 24 Dec 2016. Rameshbhai Ramabhai Patel ceased to be Director on 24 Dec 2016. Devendarbhai Ramabhai Patel was appointed as Director on 04 Apr 2001. Ronak Minerals has 4 board changes on record in total.