- #655 B Prabhakaran & family ₹4,900 Cr
- #793 B Karthikeyan ₹3,900 Cr

About Thriveni Sainik Mining Private Limited
Data last updated:
Thriveni Sainik Mining Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Thriveni Earthmovers Private Limited. It operates in the lignite segment of the mining sector. It was incorporated on 27 November 2015 and has been in existence for over 11 years.
Its director B Prabhakaran and family are #655 among India's richest people (2026). Its director B Karthikeyan is #793 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900HR2015PTC057396. Its GSTIN is 20AAFCT6119D2ZT (Jharkhand). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹298.94 Cr. It is led by directors including Himmat Singh Bedla (Managing Director) and Balasubramanian Prabhakaran.
Its last annual general meeting (AGM) was held on 08 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Corporate Tower Ambience Mall NH – 8, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,917.02 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹42.07 Cr (net margin 2.2%) and EBITDA of ₹153.6 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 13% over five years.
The company has about 2,626 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thriveni Sainik Mining. As per MCA filings, the company has open charges of ₹813.1 Cr and satisfied charges of ₹601.03 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 6 cases are pending. The company has 6 deals on record (3 rights issues, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹165.61 Cr; the latest was in July 2024. The company has 2 MSME Form 1 returns on record between 2020 and 2021, listing 18 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thrivenisainik.com.
Company details
Recognitions & Rankings of Thriveni Sainik Mining
Contact details
Thriveni Sainik Mining Private Limited's registered office is in Gurgaon, Haryana. Its website is thrivenisainik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7th Floor Corporate Tower Ambience Mall NH – 8, Gurgaon, Haryana, India – 122001
- IndustryMining, Lignite, Mining, Mining Support Services, Coal
To see the full contact details of Thriveni Sainik 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
Brands
Thriveni Sainik Mining operates one associated brand: Thriveni Sainik Mining. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coal mining and transportation services in India. | thrivenisainik.com |
Business activity
The main business activity of Thriveni Sainik Mining is mining and quarrying. In detail, this covers mining of coal and lignite 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 | B1 | Mining of Coal and lignite | |
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Thriveni Sainik Mining Private Limited, buy the company report.
Financials of Thriveni Sainik Mining Private Limited
FY 2025 filings availableThriveni Sainik Mining Private Limited reported revenue of ₹1,917.02 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹153.6 Cr | ||||
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| Net Profit (PAT) | ₹42.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Thriveni Sainik Mining Private Limited, buy the company report.
Board of directors of Thriveni Sainik Mining Private Limited
Thriveni Sainik Mining has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramanian Prabhakaran Also directs: Sri Navaladiyan Estates LLP, Thriveni Sands and Aggregate LLP, Thriveni Logistics Services LLP and 5 more | Director | 27 Nov 2015 | 10 Years 11 Months | Current |
| Balasubramaniyan Karthikeyan Also directs: Sri Navaladiyan Estates LLP, Thriveni Sands and Aggregate LLP, Prakar Estates and Promoters LLP and 5 more | Director | 27 Nov 2015 | 10 Years 11 Months | Current |
| Vritpal Sindhu | Director | 05 Dec 2022 | 3 Years 11 Months | Current |
| Kuldeep Singh Solanki Also directs: Sainik Finance & Industries Limited, Global Coal and Mining Private Limited, Sainik Potash Private Limited and 2 more | Director | 27 Nov 2015 | 10 Years 11 Months | Current |
| Siddhartha Jain Also directs: Indena India Private Limited | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
| Himmat Singh Bedla Also directs: Thriveni Sainik PBNW Private Limited, K5 Mining Private Limited, Sainik Infratec Private Limited and 1 more | Managing Director | 29 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Thriveni Sainik Mining Private Limited is audited by Raman Chawla & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raman Chawla & Associates | FY 2024 | 035543N |
Shareholding
The shareholding of Thriveni Sainik Mining 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thriveni Sainik Mining Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2025 | 101103639 | Others | ₹387.1 Cr | Open | |
| 07 Sep 2023 | 100784309 | Others | ₹216 Cr | Open | |
| 25 Jul 2019 | 100277592 | Others | ₹10 Cr | Open | |
| 10 Jul 2018 | 100193643 | Others | ₹200 Cr | Open | |
| 01 Jun 2021 | 100450305 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Thriveni Sainik Mining Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Thriveni Sainik Mining Private Limited has 6 deals on record (3 rights issues, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹165.61 Cr; the latest was in July 2024.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Rights issue | ₹7.5 Cr | Investors: Thriveni Earthmovers Private Limited , Sainik Mining and Allied Services Limited |
| Mar 2021 | Funding round · Series I | ₹74.35 Cr | Investors: Thriveni Earthmovers Private Limited |
| Dec 2018 | Rights issue | ₹27.35 Cr | Investors: Thriveni Earthmovers Private Limited , Sainik Mining and Allied Services Limited |
| Dec 2016 | Rights issue | ₹125.94 Cr | Investors: Thriveni Earthmovers Private Limited , Sainik Mining and Allied Services Limited |
To see the full deal history of Thriveni Sainik Mining Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Thriveni Sainik Mining Private Limited has 11 court cases on record: 10 filed by Thriveni Sainik Mining, 1 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 4 |
| District courts | 1 | 0 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against NTPC Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by NTPC Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against NTPC Ltd | Pending |
| High Court, JHARKHAND | Writ petition | Filed by the company against The Hindustan Petroleum Corporation Ltd HPCL New Ird and 5 others | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Thriveni Sainik 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.
Credit ratings & regulatory alerts
Thriveni Sainik Mining Private Limited was last rated by Care on 06 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Apr 2022 |
To see the full credit ratings and regulatory alerts of Thriveni Sainik Mining Private Limited, buy the company report.
MSME payment delays
Thriveni Sainik Mining Private Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 18 overdue payments to 18 micro and small suppliers. 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 (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hydrokrimp A C Pvt Ltd | |||
| Global Enviro Laboratories | |||
| 4E Junction | |||
| Southern Electronics ( Bangalore ) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Thriveni Sainik Mining Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Thriveni Sainik Mining Private Limited has a workforce of 2,626 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Thriveni Sainik Mining has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAFCT6119D2ZT | Jharkhand | Active | 01 Jul 2017 |
| 20AAHCT8201C1ZZ | Jharkhand | Active | 07 Aug 2020 |
To see the full GST registrations and return filing status of Thriveni Sainik Mining Private Limited, buy the company report.
Recent activity
Thriveni Sainik Mining Private Limited has 16 board changes on record since 2015: 7 appointments and 9 cessations. The latest: Kartikeswar Patra ceased to be Additional Director on 22 Sep 2023.
34 earlier events are in the company report.
Frequently asked questions
Thriveni Sainik Mining is an active private limited company based in Gurgaon, Haryana, India. The company works in lignite, within the mining industry. It was incorporated on 27 November 2015 (11+ years old) and is registered under CIN U74900HR2015PTC057396.
Thriveni Sainik Mining has 7 current directors:
- Himmat Singh Bedla - Managing Director
- Balasubramanian Prabhakaran - Director
- Balasubramaniyan Karthikeyan - Director
- Vritpal Sindhu - Director
- Kuldeep Singh Solanki - Director
- Siddhartha Jain - Director
- Sanjay Khator - Director
The latest financial statements of Thriveni Sainik Mining on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 July 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Thriveni Sainik Mining is 20AAFCT6119D2ZT, registered in Jharkhand. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 20AAHCT8201C1ZZ (Jharkhand).
The CIN (Corporate Identification Number) of Thriveni Sainik Mining is U74900HR2015PTC057396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thriveni Sainik Mining has 11 court cases on record: 10 filed by the company and 1 filed against it. 6 are pending. Most are in the high courts.
Thriveni Sainik Mining was incorporated on 27 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Thriveni Sainik Mining has 6 deals on record (3 rights issues, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹165.61 Cr; the latest was in July 2024.
Kartikeswar Patra ceased to be Additional Director on 22 Sep 2023. Sanjay Khator ceased to be Additional Director on 22 Sep 2023. Vritpal Sindhu ceased to be Additional Director on 22 Sep 2023. Thriveni Sainik Mining has 16 board changes on record in total.
Thriveni Sainik Mining has 2 MSME Form 1 returns on record between 2020 and 2021, listing 18 overdue payments to 18 micro and small suppliers. The latest return was filed on 13 May 2021.
Thriveni Sainik Mining can be reached through the website thrivenisainik.com. Its registered office is in Gurgaon, Haryana, India.

