About Sarda Mines Private Limited
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Sarda Mines Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 14 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U13100WB1997PTC084878. Its GSTIN is 21AAHCS2419R1Z3 (Odisha).
The company has an authorised share capital of ₹1,832.26 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors including Ramesh Chand Gupta (Whole-Time Director) and Arjun Saraswat.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No – 4A 4th Floor Tobacco House 1 Old Court House Corner, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹204.67 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1,107.18 Cr and EBITDA of ₹1,132.99 Cr. Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 31% over five years.
The company has about 211 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 2 brands: Sardamines and Kwality. As per MCA filings, the company has satisfied charges of ₹1,285.9 Cr on record. Court records list 38 cases involving the company, including 21 filed by the company and 17 filed against it; 13 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.9 Cr; the latest was in September 2021. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sardamines.net.
Company details
Contact details
Sarda Mines Private Limited's registered office is in Kolkata, West Bengal. Its website is sardamines.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No – 4A 4th Floor Tobacco House 1 Old Court House Corner, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Sarda Mines 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
Brands
Sarda Mines operates two associated brands: Sardamines and Kwality. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kwality is recognized as a leading private dairy company in India. | kwality.com | |
| Iron ore mining and compliance services in India. | sardamines.net |
Business activity
The main business activity of Sarda Mines is mining and quarrying. In detail, this covers mining of metal ores and mining support services activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores | |
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Sarda Mines Private Limited, buy the company report.
Financials of Sarda Mines Private Limited
FY 2025 filings availableSarda Mines Private Limited reported revenue of ₹204.67 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 4% growth 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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| EBITDA | ₹1,132.99 Cr | ||||
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| Net Profit (PAT) | ₹1,107.18 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Sarda Mines Private Limited, buy the company report.
Board of directors of Sarda Mines Private Limited
Sarda Mines has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Saraswat | Director | 08 Aug 2005 | 21 Years 2 Months | Current |
| Ramesh Chand Gupta | Whole-Time Director | 25 Feb 2016 | 10 Years 8 Months | Current |
| Binod Bihari Sahu Also directs: Vishnumaya Universal Private Limited, Jagannath Universal Private Limited, Kwality Limited and 1 more | Director | 20 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Sarda Mines Private Limited is audited by Baid Agarwal Singhi & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Baid Agarwal Singhi & Co. | FY 2022 | 0328671E |
Shareholding
The shareholding of Sarda Mines 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarda Mines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2018 | 100275310 | Others | ₹1,285.9 Cr | Satisfied |
To see the full charge records of Sarda Mines Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Sarda Mines Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.9 Cr; the latest was in September 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Funding round | ₹4.9 Cr | Investors: Sarda Merchandise Private Limited , Sarda Heights and Dales Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sarda Mines Private Limited has 38 court cases on record: 21 filed by Sarda Mines, 17 filed against it. 13 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 6 | 6 |
| Supreme Court | 9 | 6 | 7 |
| District courts | 4 | 4 | 0 |
| NCLT | 4 | 1 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Kwality Limited and 1 other | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Kwality Limited and Others | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by HDFC Bank Ltd. | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by State of Odisha | Pending |
| Supreme Court | Court case | Filed against the company by Union of India | Pending |
To see the full case history of Sarda Mines 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
Sarda Mines Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| National Engineering Works |
To see the full MSME payment records of Sarda Mines Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sarda Mines has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vishnumaya Universal Private Limited | U13100WB2021PTC243129 | |
| Jagannath Universal Private Limited | U13200WB2021PTC243048 | |
| Jai Raghunandan Trading Private Limited | U74110WB2009PTC237072 | |
| Kwality Limited | U74899DL1992PLC255519 | |
| Worship Impex Private Limited | U74900DL2008PTC174486 | |
| Sidhu Leasing and Financing Company Limited | U74900WB1983PLC259017 |
To see the full group structure of Sarda Mines Private Limited, buy the company report.
Employees & EPFO
Sarda Mines Private Limited has a workforce of 211 employees on its EPFO records as of Mar 21, 2024, across 2 active EPFO establishments.
GST
Sarda Mines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCS2419R1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sarda Mines Private Limited, buy the company report.
Recent activity
Sarda Mines Private Limited has 12 board changes on record since 2005: 3 appointments and 9 cessations. The latest: Arjun Saraswat ceased to be Whole-Time Director on 30 Mar 2023.
5 earlier events are in the company report.
Frequently asked questions
Sarda Mines is an active private limited company based in Kolkata, West Bengal, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 14 July 1997 (29+ years old) and is registered under CIN U13100WB1997PTC084878.
Sarda Mines has 3 current directors:
- Ramesh Chand Gupta - Whole-Time Director
- Arjun Saraswat - Director
- Binod Bihari Sahu - Director
The latest financial statements of Sarda Mines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sarda Mines is 21AAHCS2419R1Z3, registered in Odisha.
The CIN (Corporate Identification Number) of Sarda Mines is U13100WB1997PTC084878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarda Mines has 38 court cases on record: 21 filed by the company and 17 filed against it. 13 are pending. Most are in the high courts.
Sarda Mines was incorporated on 14 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
Sarda Mines has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.9 Cr; the latest was in September 2021.
Arjun Saraswat ceased to be Whole-Time Director on 30 Mar 2023. Binod Bihari Sahu ceased to be Additional Director on 28 Sep 2017. Binod Bihari Sahu was appointed as Director on 20 Feb 2017. Sarda Mines has 12 board changes on record in total.
Sarda Mines has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 09 Jun 2019.
Sarda Mines can be reached through the website sardamines.net. Its registered office is in Kolkata, West Bengal, India.
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