About Swati Mining Private Limited
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Swati Mining Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 04 April 2007.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U14200WB2007PTC114999. Its GSTIN is 19AALCS5580K1ZM (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.46 Cr and a paid-up capital of ₹3.42 Cr. It is led by directors Girija Thakur and Samrat Chakraborty.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 1& 2 Old Court House Corner Tobacco House 3rd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2018, the company reported a revenue of ₹40.89 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹5.24 Cr (net margin -12.8%) and EBITDA of -₹2.82 Cr (EBITDA margin -6.9%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years.
As per MCA filings, the company has open charges of ₹16.24 Cr and satisfied charges of ₹1.23 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 2 cases are pending.
The last known website on record is swatigroup.net.
Company details
Contact details
Swati Mining Private Limited's registered office is in Kolkata, West Bengal. Its website is swatigroup.net. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1& 2 Old Court House Corner Tobacco House 3rd Floor, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Swati Mining 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 Swati Mining is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Swati Mining Private Limited, buy the company report.
Financials of Swati Mining Private Limited
FY 2018 filings availableSwati Mining Private Limited reported revenue of ₹40.89 Cr (down 66% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over three years, including a 66% fall in the latest year. EBITDA fell 167% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹40.89 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.82 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.24 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -6.9% | |||
| Net Profit Margin | -12.8% | |||
| 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 Swati Mining Private Limited, buy the company report.
Board of directors of Swati Mining Private Limited
Swati Mining 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 |
|---|---|---|---|---|
| Girija Thakur Also directs: Bahubali Realbuild Private Limited | Director | 03 May 2019 | 7 Years 5 Months | As last reported |
| Samrat Chakraborty Also directs: Yash Mining Private Limited, Agronomics Food Park Private Limited, Rajeshwari Iron & Steel Co. Private Limited and 1 more | Director | 14 Nov 2018 | 7 Years 11 Months | As last reported |
Peer comparison
Swati Mining Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Mining), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riangdo Veneers Private Limited | ₹41.01 Cr (FY 2025) | 73.0% | Meghalaya, India | |||
| Seaconvert Private Limited | ₹40.92 Cr (FY 2025) | -40.0% | Ahmedabad, Gujarat, India | |||
| Goyal Ispat India Private Limited | ₹40.9 Cr (FY 2025) | -36.0% | Bangalore, Karnataka, India | |||
| Swati Mining Private Limitedthis company | ₹40.89 Cr (FY 2018) | -₹5.24 Cr | -12.8% | -66.0% | Kolkata, West Bengal, India | |
| Block Chain Warehousing & Jute Private Limited | ₹40.87 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| MNP Ispat Private Limited | ₹40.85 Cr (FY 2025) | -43.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Swati Mining Private Limited, buy the company report.
Auditor
Swati Mining Private Limited is audited by SUREKA & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUREKA & COMPANY | FY 2018 | 328582E |
Shareholding
The shareholding of Swati Mining Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Swati Mining Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2016 | 100072019 | Bank of India | ₹9 Cr | Open | |
| 12 Nov 2009 | 10186949 | Uco Bank | ₹7.24 Cr | Open | |
| 01 Dec 2009 | 10195216 | Kotak Mahindra Bank Limited | ₹22.8 Lakh | Satisfied | |
| 11 Nov 2009 | 10186887 | State Bank of Mysore | ₹1 Cr | Satisfied |
To see the full charge records of Swati Mining Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Swati Mining Private Limited has 10 court cases on record: 6 filed by Swati Mining, 4 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 1 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Captivate Marketing and Services Pvt. Ltd | Disposed |
| District court, Ranchi, Jharkhand | Court case (Regular CBI) | Filed against the company by State Through C.B.I. | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Hero Exports & Anr | Pending |
| High Court, JHARKHAND | Court case (Cr.M.P.) | Filed by the company against The State of Jharkhand and Anr and 1 other | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Captivate Marketing Services Pvt. Ltd. | Disposed |
To see the full case history of Swati Mining 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 Swati Mining Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swati Mining has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AALCS5580K1ZM | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swati Mining Private Limited, buy the company report.
Recent activity
Swati Mining Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Binay Prasad Gupta ceased to be Director on 03 May 2019.
6 earlier events are in the company report.
Frequently asked questions
Swati Mining is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Swati Mining is a company under liquidation, formerly operating as a 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 04 April 2007 and is registered under CIN U14200WB2007PTC114999. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Swati Mining has 2 current directors:
- Girija Thakur - Director
- Samrat Chakraborty - Director
The latest financial statements of Swati Mining on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swati Mining is U14200WB2007PTC114999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swati Mining has open charges of ₹16.24 Cr and satisfied charges of ₹1.23 Cr as per latest MCA filings.
Swati Mining has 10 court cases on record: 6 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Swati Mining was incorporated on 04 April 2007. It is registered with the Registrar of Companies, Kolkata.
The peers of Swati Mining by revenue are Riangdo Veneers Private Limited, Seaconvert Private Limited, Goyal Ispat India Private Limited, Block Chain Warehousing & Jute Private Limited, MNP Ispat Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Mining), with the same principal business activity (wholesale trading).
Binay Prasad Gupta ceased to be Director on 03 May 2019. Girija Thakur was appointed as Director on 03 May 2019. Ayush Kejriwal ceased to be Additional Director on 26 Mar 2019. Swati Mining has 8 board changes on record in total.
Swati Mining can be reached through the website swatigroup.net. Its registered office is in Kolkata, West Bengal, India.