The Orissa Minerals Development Company Limited - Company Profile

It is a metals and minerals public limited union government company based in Bhubaneswar, Orissa, India, established in 1918.

1918 Bhubaneswar, Orissa, India Active

Last Updated: January 05, 2026

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About The Orissa Minerals Development Company Limited

The Orissa Minerals Development Company Limited, a active public limited union government company, was established on 16 August 1918 in Bhubaneswar, Orissa, India. Engaging in mining & mineral extraction within the mining and quarrying sector, it holds CIN: L51430OR1918GOI034390. Registered under ROC Roc Cuttack. it is listed on BSE: 590086 and NSE: ORISSAMINE. It has an authorized capital of ₹6.00 M and a paid-up capital of ₹6.00 M.

It upholds a compliant status. In 2022, it reported revenue of ₹89.47 Cr and a net worth of ₹3.53 Cr. Its leadership includes Thakidiyil Narayanan Sarasu (Additional Director), Sanginaini Rao Sharad (Additional Director), Ajit Kumar Saxena (Director). Past directors included Pradosh Kumar Rath, Venu Gopal Rao Venkata Varanasi, Ravishankar Gangadhar Shinde. It holds no open charges and ₹346.12 Cr settled loans. Its latest AGM occurred on 27 December 2024, with the balance sheet filed on 31 March 2024. It is based at C/O, Sail Office, Ground Floor, Plot-271 Bidyut Marg, Unit-Iv, Shastri Nagar, Bhubaneswar, Orissa, 751001.

Company Details

CIN/LLPIN
L51430OR1918GOI034390
Registration Number
034390
Incorporation Date
16 August 1918
Authorized Capital
₹6.00 M
Paid-Up Capital
₹6.00 M
ROC Code
Roc Cuttack
Listing Status
Listed (BSE: 590086, NSE: ORISSAMINE)
Company Status
Active

Key Metrics

Authorised Capital ₹ 6.00 M as on 05-01-2026
Paid Up Capital ₹ 6.00 M as on 05-01-2026
Company Age 107 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 346.12 Cr as on 05-01-2026
Revenue Growth **** -49.76% (FY 2023)
Profit Growth **** -14.13% (FY 2023)
Ebitda **** -146.42% (FY 2023)
Net Worth -462.66% (FY 2023)
Total Assets -15.16% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into The Orissa Minerals Development Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at The Orissa Minerals Development Company Limited?

Current Directors

Name	Designation	Appointment Date	Status
Thakidiyil Narayanan Sarasu	Additional Director	15 Apr 2025	Current
Sanginaini Rao Sharad	Additional Director	11 Jun 2025	Current
Ajit Kumar Saxena	Director	04 Nov 2024	Current
Murugesan Saravanan	Additional Director	15 Apr 2025	Current
Tapas Ranjan Mallick	Nominee Director	30 May 2023	Current
Arun Bagchi	Director	17 Jan 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Jun 2021	Past
Pramod Abcsdd	Additional Director	01 Nov 2018	Past
Pramod Abcsdd	Nominee Director	21 Mar 2017	Past
Pramod Abcsdd	Nominee Director	10 Jan 2007	Past
Pramod Abcsdd	Managing Director	30 Nov 2019	Past
Pramod Abcsdd	Additional Director	16 Dec 2022	Past

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Financial Performance of The Orissa Minerals Development Company.

The Orissa Minerals Development Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.76% decrease. The company also saw a substantial fall in profitability, with a 14.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 462.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-49.76%

*******

Revenue from Operations

*******

-57.03%

*******

Total Assets

*******

-15.16%

*******

Profit or Loss

*******

-14.13%

*******

Net Worth

*******

-462.66%

*******

EBITDA

*******

-146.42%

*******

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What is the Ownership and Shareholding Structure of The Orissa Minerals Development Company?

In 2023, The Orissa Minerals Development Company had a promoter holding of 50.01% and a public holding of 49.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,461,200,000.00

Charges Breakdown by Lending Institutions

Others : 346.12 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Jun 2021	Others	₹36.12 Cr	Satisfied
20 Sep 2019	Others	₹310.00 Cr	Satisfied

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How Many Employees Work at The Orissa Minerals Development Company?

Unlock and access historical data on people associated with The Orissa Minerals Development Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of The Orissa Minerals Development Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped The Orissa Minerals Development Company's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on The Orissa Minerals Development Company

Recent Activity within the Organization

Director Appointment

Sanginaini Rao Sharad was appointed as a Additional Director was appointed as a Additional Director on 11 Jun 2025 & has been associated with this company since 8 months 23 days . was recorded as a recent event.
11 Jun 2025
Director Appointment

Progress on Pintu Kumar Biswal was appointed as a Company Secretary was appointed as a Company Secretary on 28 May 2025 & has been associated with this company since 9 months 7 days . was documented.
28 May 2025
Director Appointment

The activity Arindam Maitra was appointed as a Cfo was appointed as a Cfo on 23 May 2025 & has been associated with this company since 9 months 12 days . was completed.
23 May 2025
Director Appointment

The activity Thakidiyil Narayanan Sarasu was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2025 & has been associated with this company since 10 months 19 days . was completed.
15 Apr 2025
Director Appointment

Murugesan Saravanan was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2025 & has been associated with this company since 10 months 19 days . was recorded as a recent event.
15 Apr 2025
Annual General Meeting

Progress on The Orissa Minerals Development Company Limited last Annual general meeting of members was held on 27 Dec 2024 as per latest MCA records. was documented.
27 Dec 2024

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