MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0007824
Saikruthi Minmet (India) Private Limited
Saikruthi Minmet (India) Private Limited - metals and minerals in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹64.17 Cr
▲ 317% YoY
Net profit · FY 2024
₹1.29 Cr
Net margin 2%
EBITDA · FY 2024
₹1.71 Cr
EBITDA margin 2.7%
Authorised capital
₹3.1 Cr
Registered with MCA
Paid-up capital
₹3.08 Cr
Issued & subscribed
Open charges
₹5.64 Cr
Satisfied ₹5.47 Cr
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
About Saikruthi Minmet (India) Private Limited
Data last updated:
Saikruthi Minmet (India) Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 12 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74900AP2012PTC083036. Its GSTIN is 37AASCS0052P1ZQ (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.08 Cr. It is led by directors including Rajesh Grandhi (Managing Director) and Maddali Ravi Chandra Sekhar.
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 Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 2%) and EBITDA of ₹1.71 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹5.64 Cr and satisfied charges of ₹5.47 Cr on record.
Saikruthi Minmet (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0007824). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74900AP2012PTC083036
Registration Number 083036
Incorporation Date 12 September 2012
ROC Vijayawada
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-AP-10-0007824
Key People
Rajesh Grandhi Managing Director Maddali Ravi Chandra Sekhar Director Rama Grandhi Director Recognitions & Rankings of Saikruthi Minmet (India)
Contact details
Saikruthi Minmet (India) Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No. 31 – 33 – 115/1/2 Darshin Paradise Opp. Mamatha Press Assam Garden Nilama, Vepachettu, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Saikruthi Minmet (India) Private Limited, buy the company report.
Comprehensive company report
Saikruthi Minmet (India) 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 Saikruthi Minmet (India) is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Saikruthi Minmet (India) Private Limited, buy the company report.
Financials of Saikruthi Minmet (India) Private Limited
FY 2024 filings availableSaikruthi Minmet (India) Private Limited reported revenue of ₹64.17 Cr (up 317% YoY) for FY 2024.
Revenue · FY 2024
₹64.17 Cr ▲ 317%
Net profit · FY 2024
₹1.29 Cr margin 2%
EBITDA · FY 2024
₹1.71 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 317%
3 years · compounded
▲ 62%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▲ 24%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 317% growth in the latest year. EBITDA rose 104% 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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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.29 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Saikruthi Minmet (India) Private Limited, buy the company report.
Board of directors of Saikruthi Minmet (India) Private Limited
Saikruthi Minmet (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Grandhi | Managing Director | 12 Sep 2012 | 14 Years 1 Months | Current |
| Maddali Ravi Chandra Sekhar | Director | 24 Jun 2013 | 13 Years 4 Months | Current |
| Rama Grandhi Also directs: Ishi Steel Resources LLP, TGS Minmet Private Limited, Integral Estates & Developers Private Limited and 3 more | Director | 15 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Saikruthi Minmet (India) Private Limited is audited by CHALAM ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHALAM ASSOCIATES | FY 2023 | 00549S |
Shareholding
The shareholding of Saikruthi Minmet (India) Private 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 Saikruthi Minmet (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.64 Cr
Satisfied charges
₹5.47 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101072499 | Others | ₹5 Cr | Open | |
| 25 Nov 2024 | 101036931 | Hdfc Bank Limited | ₹60.17 Lakh | Open | |
| 29 Jan 2013 | 10405552 | Axis Bank Limited | ₹4 Lakh | Open | |
| 12 Mar 2014 | 10483819 | Axis Trustee Services Limited | ₹5.47 Cr | Satisfied |
To see the full charge records of Saikruthi Minmet (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Saikruthi Minmet (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saikruthi Minmet (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saikruthi Minmet (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AASCS0052P1ZQ | Andhra Pradesh | Active | 01 Jul 2017 |
| 27AASCS0052P1ZR | Maharashtra | Active | 30 Jan 2024 |
To see the full GST registrations and return filing status of Saikruthi Minmet (India) Private Limited, buy the company report.
Recent activity
Saikruthi Minmet (India) Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Rama Grandhi ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101072499 was registered on 27 Mar 2025.
Charges
A charge with Axis Bank Limited of Rs. 0.04 Cr registered on 29 Jan 2013 with Charge ID 10405552 was modified on 05 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.60 Cr with Charge ID 101036931 was registered on 25 Nov 2024.
AGM
Saikruthi Minmet (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Rama Grandhi ceased to be Additional Director.
Filing
Saikruthi Minmet (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Appointed
Rama Grandhi was appointed as Director.
Charges
A charge registered on 12 Mar 2014 via Charge ID 10483819 with Axis Trustee Services Limited was fully satisfied on 07 Jul 2020.
Ceased
Rajesh Kolli ceased to be Director.
Ceased
Harsha Nandan Tadikamalla ceased to be Additional Director.
Ceased
Rajesh Grandhi ceased to be Director.
Charges
A charge with Axis Trustee Services Limited amounted to Rs. 5.47 Cr with Charge ID 10483819 was registered on 12 Mar 2014.
5 earlier events are in the company report.
Frequently asked questions
Saikruthi Minmet (India) is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 September 2012 (14+ years old) and is registered under CIN U74900AP2012PTC083036.
Saikruthi Minmet (India) has 3 current directors:
- Rajesh Grandhi - Managing Director
- Maddali Ravi Chandra Sekhar - Director
- Rama Grandhi - Director
The latest financial statements of Saikruthi Minmet (India) 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 Saikruthi Minmet (India) is 37AASCS0052P1ZQ, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AASCS0052P1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Saikruthi Minmet (India) is U74900AP2012PTC083036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saikruthi Minmet (India) was incorporated on 12 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
Rama Grandhi ceased to be Additional Director on 29 Sep 2024. Rama Grandhi was appointed as Director on 15 Jan 2024. Rajesh Kolli ceased to be Director on 20 Mar 2019. Saikruthi Minmet (India) has 8 board changes on record in total.
Yes, Saikruthi Minmet (India) is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0007824).
The registered office of Saikruthi Minmet (India) is at D.No. 31 – 33 – 11512 Darshin Paradise Opp. Mamatha Press Assam Garden Nilama, Vepachettu, Visakhapatnam, Andhra Pradesh, India – 530016.
Saikruthi Minmet (India) operates in the metals and minerals industry, in the materials retail and distribution segment.
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