MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0047426
Udaipur Mineral Development Syndicate Pvt Ltd - metals and minerals in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹133.17 Cr
▲ 1% YoY
Net profit · FY 2025
₹10.99 Cr
Net margin 8.3%
EBITDA · FY 2025
₹19.89 Cr
EBITDA margin 14.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹9.81 Cr
Satisfied ₹24.13 Cr
Company age
77 yrs
Est. 1949
Employees · EPFO
313
Provident fund records
About Udaipur Mineral Development Syndicate Pvt Ltd
Data last updated:
Udaipur Mineral Development Syndicate Pvt Ltd is a private limited company based in Jaipur, Rajasthan, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 06 April 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14219RJ1949PTC000715. Its GSTIN is 08AAACU8461G1Z5 (Rajasthan). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as The Udaipur Mineral Development Syndicate Private Ltd and The Udaipur Mineral Development Syndicate Ltd. It is led by directors including Abhimanyu Golcha and Surendra Kumar Golcha.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Golcha Trade Centre M. I. Road, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2025, the company reported a revenue of ₹133.17 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.99 Cr (net margin 8.3%) and EBITDA of ₹19.89 Cr (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 313 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Golcha Group. As per MCA filings, the company has open charges of ₹9.81 Cr and satisfied charges of ₹24.13 Cr on record. Court records list 48 cases involving the company, including 36 filed by the company and 12 filed against it; 28 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20 Lakh; the latest was in July 2016. Its 4 peer companies in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities) are compared by revenue, 2 larger and 2 smaller; the largest is Samarth Infrabuild (India) Private Limited with revenue of ₹133.92 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 697 overdue payments to 22 micro and small suppliers.
Udaipur Mineral Development Syndicate Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0047426). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website golchaminerals.com.
Company details
CIN U14219RJ1949PTC000715
Registration Number 000715
Incorporation Date 06 April 1949
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-17-0047426
Name history
Udaipur Mineral Development Syndicate has undergone 2 name changes throughout its history. The company was previously known as The Udaipur Mineral Development Syndicate Private Ltd, and The Udaipur Mineral Development Syndicate Ltd. The current legal name is Udaipur Mineral Development Syndicate Pvt Ltd.
| Company Name | Status |
|---|---|
| Udaipur Mineral Development Syndicate Pvt Ltd | Current |
| The Udaipur Mineral Development Syndicate Private Ltd | Previous |
| The Udaipur Mineral Development Syndicate Ltd | Previous |
Recognitions & Rankings of Udaipur Mineral Development Syndicate
Contact details
Udaipur Mineral Development Syndicate Pvt Ltd's registered office is in Jaipur, Rajasthan. Its website is golchaminerals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGolcha Trade Centre M. I. Road, Jaipur, Rajasthan, India – 302001
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Comprehensive company report
Udaipur Mineral Development Syndicate Pvt Ltd - one report that includes everything
- 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
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Brands
Udaipur Mineral Development Syndicate operates one associated brand: Golcha Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mines and processes talc for hygiene, pharma, cosmetics, and industrial applications. | golchaminerals.com |
Business activity
The main business activity of Udaipur Mineral Development Syndicate is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Financials of Udaipur Mineral Development Syndicate Pvt Ltd
FY 2024 filings availableUdaipur Mineral Development Syndicate Pvt Ltd reported revenue of ₹133.17 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹133.17 Cr ▲ 1%
Net profit · FY 2025
₹10.99 Cr margin 8.3%
EBITDA · FY 2025
₹19.89 Cr margin 14.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 5%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 3%
5 years · compounded
▲ 18%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 36% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.99 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 8.3% | ||||
| 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 Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Board of directors of Udaipur Mineral Development Syndicate Pvt Ltd
Udaipur Mineral Development Syndicate has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhimanyu Golcha Also directs: Golcha Resources LLP, Harish Agro Industries Private Limited, Golcha Minerals Pvt Ltd and 5 more | Director | 11 Oct 1994 | 32 Years 0 Months | Current |
| Surendra Kumar Golcha Also directs: Harish Agro Industries Private Limited, Golcha Minerals Pvt Ltd, Siyaram Paper Mills Pvt Ltd and 5 more | Director | 04 May 1998 | 28 Years 6 Months | Current |
| Usha Golcha Also directs: Golcha Resources LLP, Harish Agro Industries Private Limited, Golcha Minerals Pvt Ltd and 5 more | Director | 17 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Udaipur Mineral Development Syndicate Pvt Ltd is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samarth Infrabuild (India) Private Limited | ₹133.92 Cr (FY 2015) | 54.0% | Indore, Madhya Pradesh, India | |||
| Tamilnadu Minerals Limited | ₹133.52 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Udaipur Mineral Development Syndicate Pvt Ltdthis company | ₹133.17 Cr (FY 2025) | ₹10.99 Cr | 8.3% | 1.0% | 313 | Jaipur, Rajasthan, India |
| Starax Minerals India Private Limited | ₹132.44 Cr (FY 2025) | 9.0% | Durg, Chhattisgarh, India | |||
| Silvrr Mist Retail Private Limited | ₹124.89 Cr (FY 2025) | 120.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Auditor
Udaipur Mineral Development Syndicate Pvt Ltd is audited by Jain Shrimal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Shrimal & Co. | FY 2023 | 001704C |
Shareholding
The shareholding of Udaipur Mineral Development Syndicate Pvt Ltd 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 Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹9.81 Cr
Satisfied charges
₹24.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2025 | 101200798 | Others | ₹31.9 Lakh | Open | |
| 01 Oct 2025 | 101174075 | Others | ₹39 Lakh | Open | |
| 23 Jan 2023 | 100716301 | Others | ₹4.27 Cr | Open | |
| 13 Jan 2023 | 100669137 | Others | ₹1.08 Cr | Open | |
| 04 Oct 2007 | 10069920 | Idbi Bank Limited | ₹3.75 Cr | Open |
To see the full charge records of Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Udaipur Mineral Development Syndicate Pvt Ltd has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20 Lakh; the latest was in July 2016.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹20 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2013 | Funding round | ₹20 Lakh | Investors: Golcha Holdings Private Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Udaipur Mineral Development Syndicate Pvt Ltd has 48 court cases on record: 36 filed by Udaipur Mineral Development Syndicate, 12 filed against it. 28 cases are pending and 20 are disposed.
Total cases
48
Filed by the company
36
Filed against the company
12
Pending
28
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 9 | 27 |
| District courts | 2 | 1 | 1 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against M/S Ambica Structures Private Limited and 2 others | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against M/S Ambica Structures Private Limited | Pending |
| High Court, RAJASTHAN | Writ petition | Filed by the company against M/S. Graphtech Exim Pvt. Ltd., and 4 others | Pending |
| High Court, RAJASTHAN | Writ petition | Filed by the company against Rajasthan Renewable Energy Corporation Limited and 4 others | Disposed |
| High Court, RAJASTHAN | Writ petition | Filed by the company against M/S Graphtech Exim Pvt. Ltd., and 4 others | Disposed |
To see the full case history of Udaipur Mineral Development Syndicate Pvt Ltd, 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
Udaipur Mineral Development Syndicate Pvt Ltd has 8 MSME Form 1 returns on record between 2019 and 2023, listing 697 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pegma Resources Private Limited | |||
| an individual supplier | |||
| M.R.Organisation Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Udaipur Mineral Development Syndicate has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Neelkanth Polypack Private Limited | U25202RJ1994PTC008143 |
To see the full group structure of Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Employees & EPFO
Udaipur Mineral Development Syndicate Pvt Ltd has a workforce of 313 employees on its EPFO records as of Apr 08, 2024, across 4 active EPFO establishments.
Employee count
313
Active EPFO establishments
4
Employee growth
-9.54%
GST
Udaipur Mineral Development Syndicate has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACU8461G1Z5 | Rajasthan | Active | 01 Jul 2017 |
| 34AAACU8461G1ZA | Puducherry | Active | 01 Jul 2017 |
| 27AAACU8461G1Z5 | Maharashtra | Active | 28 Feb 2018 |
To see the full GST registrations and return filing status of Udaipur Mineral Development Syndicate Pvt Ltd, buy the company report.
Recent activity
Udaipur Mineral Development Syndicate Pvt Ltd has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Usha Golcha was appointed as Director on 17 Jun 2013.
Charges
A charge with Others amounted to Rs. 31.90 Lakh with Charge ID 101200798 was registered on 07 Nov 2025.
Charges
A charge with Others amounted to Rs. 39.00 Lakh with Charge ID 101174075 was registered on 01 Oct 2025.
Charges
A charge registered on 06 Mar 2021 via Charge ID 100431208 with Axis Bank Limited was fully satisfied on 19 Nov 2024.
Charges
A charge registered on 20 Jun 2019 via Charge ID 100300206 with Others was fully satisfied on 14 Nov 2024.
AGM
Udaipur Mineral Development Syndicate Pvt Ltd last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
Filing
Udaipur Mineral Development Syndicate Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 426.55 Lakh with Charge ID 100716301 was registered on 23 Jan 2023.
Charges
A charge with Others amounted to Rs. 108.14 Lakh with Charge ID 100669137 was registered on 13 Jan 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.39 Lakh with Charge ID 100431208 was registered on 06 Mar 2021.
Charges
A charge with Others amounted to Rs. 340.00 Lakh with Charge ID 100300206 was registered on 20 Jun 2019.
Charges
A charge with Idbi Bank Limited of Rs. 375.00 Lakh registered on 04 Oct 2007 with Charge ID 10069920 was modified on 26 Feb 2019.
Charges
A charge registered on 31 Oct 2014 via Charge ID 10530720 with Icici Bank Limited was fully satisfied on 13 Feb 2019.
27 earlier events are in the company report.
Frequently asked questions
Udaipur Mineral Development Syndicate is an active private limited company based in Jaipur, Rajasthan, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 06 April 1949 (77+ years old) and is registered under CIN U14219RJ1949PTC000715.
Udaipur Mineral Development Syndicate has 3 current directors:
- Abhimanyu Golcha - Director
- Surendra Kumar Golcha - Director
- Usha Golcha - Director
The latest financial statements of Udaipur Mineral Development Syndicate on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Udaipur Mineral Development Syndicate is 08AAACU8461G1Z5, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 34AAACU8461G1ZA (Puducherry), 27AAACU8461G1Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Udaipur Mineral Development Syndicate is U14219RJ1949PTC000715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udaipur Mineral Development Syndicate has 48 court cases on record: 36 filed by the company and 12 filed against it. 28 are pending. Most are in the high courts.
Udaipur Mineral Development Syndicate was incorporated on 06 April 1949, making it 77+ years old. It is registered with the Registrar of Companies, Jaipur.
Udaipur Mineral Development Syndicate has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20 Lakh; the latest was in July 2016.
The peers of Udaipur Mineral Development Syndicate by revenue are Samarth Infrabuild (India) Private Limited, Tamilnadu Minerals Limited, Starax Minerals India Private Limited, Silvrr Mist Retail Private Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (other mining & quarrying activities).
Usha Golcha was appointed as Director on 17 Jun 2013. Rohit Bohra ceased to be Additional Director on 16 Sep 2011. Krishna Gopal Gupta ceased to be Additional Director on 05 Jul 2011. Udaipur Mineral Development Syndicate has 5 board changes on record in total.
Yes, Udaipur Mineral Development Syndicate is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0047426).
Udaipur Mineral Development Syndicate has 8 MSME Form 1 returns on record between 2019 and 2023, listing 697 overdue payments to 22 micro and small suppliers. The latest return was filed on 29 Aug 2023.
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