- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-26-0002262

About Victory Minerals Private Limited
Data last updated:
Victory Minerals Private Limited is a private limited company based in Katni, Madhya Pradesh, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 15 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U13206MP1999PTC013911. Its GSTIN is 23AABCV4543K1ZB (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Vandana Saraogi and Piyush Kumar Saraogi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagar Sudhar Nyas Buildingbargawan, Katni, Madhya Pradesh, India – 483501.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.87 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹3.23 Cr (net margin 2.2%) and EBITDA of ₹14.38 Cr (EBITDA margin 9.9%).
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹49.93 Cr and satisfied charges of ₹5.07 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 4 cases are pending.
Victory Minerals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-26-0002262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website victory-minerals-pvt-ltd.business.site.
Company details
Recognitions & Rankings of Victory Minerals
Contact details
Victory Minerals Private Limited's registered office is in Katni, Madhya Pradesh. Its website is victory-minerals-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNagar Sudhar Nyas Buildingbargawan, Katni, Madhya Pradesh, India – 483501
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Victory Minerals 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 Victory Minerals is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Victory Minerals Private Limited, buy the company report.
Financials of Victory Minerals Private Limited
FY 2025 filings availableVictory Minerals Private Limited reported revenue of ₹145.87 Cr (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year. EBITDA rose 15% in the latest 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 | ₹145.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.23 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Victory Minerals Private Limited, buy the company report.
Board of directors of Victory Minerals Private Limited
Victory Minerals has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Saraogi Also directs: Katni Horticulture LLP, Victory Aggregates Private Limited, Victory Jute Industries Private Limited and 4 more | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Piyush Kumar Saraogi Also directs: Katni Horticulture LLP, Victory Aggregates Private Limited, Victory Jute Industries Private Limited and 5 more | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Victory Minerals Private Limited is audited by SUSHIL KUMAR SHARMA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL KUMAR SHARMA & CO. | FY 2024 | 005093C |
Shareholding
The shareholding of Victory Minerals 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 Victory Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101175852 | Others | ₹1.65 Cr | Open | |
| 27 Nov 2024 | 101020229 | Others | ₹14 Cr | Open | |
| 26 Jul 2024 | 100957651 | Others | ₹1.35 Cr | Open | |
| 26 Jul 2024 | 100957650 | Others | ₹1 Cr | Open | |
| 28 Feb 2024 | 100874569 | Others | ₹1.76 Cr | Open |
To see the full charge records of Victory Minerals Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Victory Minerals Private Limited has 8 court cases on record: 3 filed by Victory Minerals, 5 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 3 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Central Board of Direct Taxes | Pending |
| District court, Umaria, Madhya Pradesh | Court case (UN CIV) | Filed against the company by an individual | Pending |
| District court, Katni, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Pending |
| District court, South East, Delhi | Motor accident claim | Filed against the company | Pending |
| District court, Katni, Madhya Pradesh | Court case (MCA) | Filed against the company by an individual | Disposed |
To see the full case history of Victory Minerals 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 Victory Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Victory Minerals has 1 subsidiary 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 |
|---|---|---|
| Victory Lime Industries Private Limited | U27100WB2008PTC128476 |
To see the full group structure of Victory Minerals Private Limited, buy the company report.
GST
Victory Minerals has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCV4543K1ZB | Madhya Pradesh | Active | 12 Jul 2018 |
| 30AABCV4543K1ZG | Goa | Active | 11 Jan 2024 |
| 27AABCV4543K1Z3 | Maharashtra | Active | 24 Oct 2024 |
To see the full GST registrations and return filing status of Victory Minerals Private Limited, buy the company report.
Recent activity
Victory Minerals Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Satish Saraogi ceased to be Director on 24 Mar 2021.
24 earlier events are in the company report.
Frequently asked questions
Victory Minerals is an active private limited company based in Katni, Madhya Pradesh, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 15 December 1999 (27+ years old) and is registered under CIN U13206MP1999PTC013911.
Victory Minerals has 2 current directors:
- Vandana Saraogi - Director
- Piyush Kumar Saraogi - Director
The latest financial statements of Victory Minerals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Victory Minerals is 23AABCV4543K1ZB, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 30AABCV4543K1ZG (Goa), 27AABCV4543K1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Victory Minerals is U13206MP1999PTC013911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Minerals has 8 court cases on record: 3 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Victory Minerals was incorporated on 15 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
Satish Saraogi ceased to be Director on 24 Mar 2021. Vandana Saraogi was appointed as Director on 24 Mar 2021. Piyush Kumar Saraogi was appointed as Director on 29 Jun 2020. Victory Minerals has 11 board changes on record in total.
Yes, Victory Minerals is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-26-0002262).
Victory Minerals can be reached through the website victory-minerals-pvt-ltd.business.site. Its registered office is in Katni, Madhya Pradesh, India.

