About TGS Minmet Private Limited
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TGS Minmet Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 04 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U13201AP2014PTC095227. Its GSTIN is 37AAFCT1064P1ZW (Andhra Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹11.05 Cr. It is led by directors including Rajesh Grandhi and Raghunath Konathala.
Its last annual general meeting (AGM) was held on 21 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D. No. 31 – 33 – 122/1 4th Floor Presidency Towers Near Neelamma Vepachettu, Visakhapatnam, Andhra Pradesh, India – 530020.
As per the financials filed for FY 2024, the company reported a revenue of ₹353.7 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.21 Cr (net margin 0.9%) and EBITDA of ₹10.36 Cr (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹89.83 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are 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 tgsminmet.wixsite.com.
Company details
Contact details
TGS Minmet Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is tgsminmet.wixsite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD. No. 31 – 33 – 122/1 4th Floor Presidency Towers Near Neelamma Vepachettu, Visakhapatnam, Andhra Pradesh, India – 530020
- IndustryMetals and Minerals, Metal Retail & Distribution, Materials Retail & Distribution
To see the full contact details of TGS Minmet 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
Financials of TGS Minmet Private Limited
FY 2024 filings availableTGS Minmet Private Limited reported revenue of ₹353.7 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 5% fall in the latest year. EBITDA fell 20% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹353.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.21 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 TGS Minmet Private Limited, buy the company report.
Board of directors of TGS Minmet Private Limited
TGS Minmet has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Grandhi Also directs: KGR Resources LLP, Ishi Steel Resources LLP, Raghunath Spintech Private Limited and 5 more | Director | 04 Sep 2014 | 12 Years 1 Months | Current |
| Rama Grandhi | Additional Director | 19 Oct 2024 | 2 Years 0 Months | Current |
| Raghunath Konathala Also directs: KGR Resources LLP, Raghunath Spintech Private Limited, Integral Trading and Logistics India Private Limited and 4 more | Director | 10 Nov 2014 | 11 Years 11 Months | Current |
Auditor
TGS Minmet Private Limited is audited by CHALAM ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHALAM ASSOCIATES | FY 2024 | 00549S |
Shareholding
The shareholding of TGS Minmet Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TGS Minmet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2024 | 101008376 | Others | ₹20 Cr | Open | |
| 10 Oct 2024 | 100995216 | State Bank of India | ₹6.9 Cr | Open | |
| 13 Feb 2024 | 100906731 | Axis Bank Limited | ₹1.1 Cr | Open | |
| 17 Oct 2023 | 100829167 | Axis Bank Limited | ₹1.19 Cr | Open | |
| 03 Aug 2022 | 100610339 | Others | ₹1.74 Cr | Open |
To see the full charge records of TGS Minmet Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
TGS Minmet Private Limited has 3 court cases on record: 2 filed by TGS Minmet, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal miscellaneous application | Filed against the company by Deputy Commissioner of Commercial Taxes Audit 4 | Disposed |
To see the full case history of TGS Minmet 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 TGS Minmet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
TGS Minmet has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Visakhapatnam City Trade Centre Private Limited | U68100AP2024PTC114074 |
To see the full group structure of TGS Minmet Private Limited, buy the company report.
Employees & EPFO
TGS Minmet Private Limited has a workforce of 4 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
TGS Minmet has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCT1064P1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
| 21AAFCT1064P1Z9 | Odisha | Active | 21 Aug 2017 |
| 27AAFCT1064P1ZX | Maharashtra | Active | 07 May 2024 |
To see the full GST registrations and return filing status of TGS Minmet Private Limited, buy the company report.
Recent activity
TGS Minmet Private Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Rama Grandhi was appointed as Additional Director on 19 Oct 2024.
7 earlier events are in the company report.
Frequently asked questions
TGS Minmet is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 04 September 2014 (12+ years old) and is registered under CIN U13201AP2014PTC095227.
TGS Minmet has 3 current directors:
- Rajesh Grandhi - Director
- Rama Grandhi - Additional Director
- Raghunath Konathala - Director
The latest financial statements of TGS Minmet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of TGS Minmet is 37AAFCT1064P1ZW, registered in Andhra Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 21AAFCT1064P1Z9 (Odisha), 27AAFCT1064P1ZX (Maharashtra).
The CIN (Corporate Identification Number) of TGS Minmet is U13201AP2014PTC095227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TGS Minmet has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
TGS Minmet was incorporated on 04 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Rama Grandhi was appointed as Additional Director on 19 Oct 2024. Laxmi Sushma Konathala ceased to be Director on 05 Oct 2019. Raghunath Konathala ceased to be Additional Director on 30 Sep 2015. TGS Minmet has 8 board changes on record in total.
TGS Minmet can be reached through the website tgsminmet.wixsite.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of TGS Minmet is at D. No. 31 – 33 – 1221 4th Floor Presidency Towers Near Neelamma Vepachettu, Visakhapatnam, Andhra Pradesh, India – 530020.
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