About Sandeep Minerals Private Limited
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Sandeep Minerals Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 08 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01010KA2004PTC033524. Its GSTIN is 29AAICS0416K1Z7 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors Marchad Narasamma and Merchad Rajashekhar Goud.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 103 First Floor Ambedkar Complex Sagar Construction Double Road, Bellary, Karnataka, India – 583101.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.75 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹33.27 Lakh (net margin 2.4%) and EBITDA of ₹2.68 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹39.44 Cr and satisfied charges of ₹17.72 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 1 case is 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 marchadgroup.com.
Company details
Contact details
Sandeep Minerals Private Limited's registered office is in Bellary, Karnataka. Its website is marchadgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address103 First Floor Ambedkar Complex Sagar Construction Double Road, Bellary, Karnataka, India – 583101
- IndustryManufacturing, Construction Materials
To see the full contact details of Sandeep 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
Business activity
The main business activity of Sandeep Minerals is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Sandeep Minerals Private Limited, buy the company report.
Financials of Sandeep Minerals Private Limited
FY 2021 filings availableSandeep Minerals Private Limited reported revenue of ₹13.75 Cr (up 42% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 42% growth in the latest year. EBITDA rose 19% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.75 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.27 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Sandeep Minerals Private Limited, buy the company report.
Board of directors of Sandeep Minerals Private Limited
Sandeep Minerals has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marchad Narasamma | Director | 05 Aug 2020 | 6 Years 2 Months | Current |
| Merchad Rajashekhar Goud | Director | 01 Dec 2005 | 20 Years 10 Months | Current |
Auditor
Sandeep Minerals Private Limited is audited by S HARIHARASUDAN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S HARIHARASUDAN & ASSOCIATES | FY 2021 | 015183S |
Shareholding
The shareholding of Sandeep Minerals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sandeep Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2021 | 100557954 | Karnataka Bank Ltd. | ₹39.44 Cr | Open | |
| 24 Jan 2009 | 10146946 | Canara Bank | ₹7.75 Cr | Satisfied | |
| 15 Jul 2008 | 10116704 | Canara Bank | ₹9.75 Cr | Satisfied | |
| 18 Jun 2008 | 10115509 | Canara Bank | ₹7 Lakh | Satisfied | |
| 13 Nov 2004 | 90192896 | Canara Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Sandeep Minerals Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Sandeep Minerals Private Limited has 17 court cases on record: 9 filed by Sandeep Minerals, 8 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 0 |
| District courts | 6 | 6 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, CHITRADURGA, Karnataka | Criminal miscellaneous application | Filed against the company by Karnataka Bank Limited | Pending |
| District court, CHITRADURGA, Karnataka | Criminal miscellaneous application | Filed against the company by Karnataka Bank Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against State of Andhra Pradesh, and 2 others | Disposed |
To see the full case history of Sandeep 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 Sandeep Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sandeep Minerals has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Sandeep Minerals Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Sandeep Minerals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS0416K1Z7 | Karnataka | Active | 01 Jul 2017 |
| 37AAICS0416K1ZA | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sandeep Minerals Private Limited, buy the company report.
Recent activity
Sandeep Minerals Private Limited has 8 board changes on record since 2005: 2 appointments and 6 cessations. The latest: Marchad Narasamma ceased to be Additional Director on 31 Dec 2020.
9 earlier events are in the company report.
Frequently asked questions
Sandeep Minerals is an active private limited company based in Bellary, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 08 March 2004 (22+ years old) and is registered under CIN U01010KA2004PTC033524.
Sandeep Minerals has 2 current directors:
- Marchad Narasamma - Director
- Merchad Rajashekhar Goud - Director
The latest financial statements of Sandeep Minerals on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Sandeep Minerals is 29AAICS0416K1Z7, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAICS0416K1ZA (Andhra Pradesh).
The CIN (Corporate Identification Number) of Sandeep Minerals is U01010KA2004PTC033524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandeep Minerals has 17 court cases on record: 9 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Sandeep Minerals was incorporated on 08 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Marchad Narasamma ceased to be Additional Director on 31 Dec 2020. Marchad Narasamma was appointed as Director on 05 Aug 2020. Marchad Channa Mallikarjuna Goud ceased to be Director on 18 Nov 2019. Sandeep Minerals has 8 board changes on record in total.
Sandeep Minerals can be reached through the website marchadgroup.com. Its registered office is in Bellary, Karnataka, India.
The registered office of Sandeep Minerals is at 103 First Floor Ambedkar Complex Sagar Construction Double Road, Bellary, Karnataka, India – 583101.