Essar Minmet Limited - Due diligence report

A 360° intelligence report on Essar Minmet: trust score, financial health, credit view, compliance, directors, growth and distress signals -…

2016-02-15 Mumbai, Maharashtra Active Unlisted Active Compliant
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EM Essar Minmet Limited
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  • Director details, charges & MCA documents
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Essar Minmet — 360° Intelligence Report

Generated from MCA filings & public records
81/100
Trust Score
Low Risk

Essar Minmet is assessed as Low Risk with a Trust Score of 81/100. Essar Minmet is an active public limited indian non-government company incorporated in 2016, operating in the Metals and Minerals sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Essar Minmet Limited snapshot & full profile →

Financial Health › Neutral
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
81/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 20/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).

Charges position: 4 open (477.22 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Others4 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 2 active GST registration(s).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
AYYALASOMAYAJULA SRINIVASA PRASAD 01234567 Director 01/04/2018 6 yrs Approved
KETAN SHAH KANTIBHAI 01234567 Director 01/04/2018 6 yrs Approved
SASHI SHEKHAR MOHANTY 01234567 Director 01/04/2018 6 yrs Approved
KETAN SHAH KANTIBHAI 01234567 Director 01/04/2018 6 yrs Approved
ASHOK KUMAR MANGOTRA 01234567 Director 01/04/2018 6 yrs Approved
Ketan Kantibhai Shah 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Essar Investment Holdings Mauritius Limited
Subsidiaries
-
Group entities
1
Capital events
7 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Essar Investment Holdings Mauritius Limited Holding Company 74.00%
Essar Minmet India Limited Associate Company 74.00%

Key managerial personnel: AYYALASOMAYAJULA SRINIVASA PRASAD (Whole-time director) · KETAN SHAH KANTIBHAI (CFO) · SASHI SHEKHAR MOHANTY (Managing Director) · KETAN SHAH KANTIBHAI (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 80
Growth signals & trust indicators
Asset base grew 1.42 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 10+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 2.1x in a year.
4 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence88/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment48/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 477.22 cr already registered.
  • Compliance record supports lending.
Investor view60/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
14 May 2025
Charge created
Others - 470.00 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
29 Sep 2023
Director ceased
ASHOK KUMAR MANGOTRA
25 Sep 2023
Director appointed
Ketan Kantibhai Shah (Cfo)
07 Sep 2023
Director appointed
AYYALASOMAYAJULA SRINIVASA PRASAD (Whole-time director)
Director ceased
AMIT SEN
Director ceased
ANIL KUMAR CHAUDHARY
19 Jul 2023
Director appointed
KETAN SHAH KANTIBHAI (CFO)
12 Jul 2023
Director appointed
ASHOK KUMAR MANGOTRA (Director)
10 Jul 2023
Charge created
Others - 5.00 Lakh
06 Apr 2023
Charge created
Others - 54.00 Lakh
Charge created
Others - 6.63 cr
31 Mar 2023
Share transfer (FY 2023)
1.00000000 shares to Mr. Venu Prabhakaran nominee of Es
01 Oct 2022
Director ceased
KETAN SHAH KANTIBHAI
10

Key Observations

Auto-generated from the data above
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Western Hi-Tech Bearing Manufacturing Private Limited U29130GJ1991PTC015496 Rajkot, Gujarat, India
Mahaveer Engineering Works Private Limited U74899DL2001PTC109499 Delhi, Delhi, India
Supreme Sintered Products Pvt Ltd U28910MH1986PTC038707 Pune, Maharashtra, India
Mastek Impex Private Limited U28113DL2011PTC223046 New Delhi, Delhi, India
R2N Trading And Overseas Private Limited U28999RJ2022PTC084461 Neemrana, Rajasthan, India
Hindusthan Parsons Ltd. U28999WB1995PLC072335 Kolkata, West Bengal, India
Minor Metal Private Limited U27106OR1997PTC005141 Sundargarh, Orissa, India
Sichern Innovations Private Limited U28997DL2021PTC379619 Delhi, Delhi, India
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Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Essar Minmet before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Essar Minmet: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 20/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Essar Minmet - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 81/100, distress signals and MSME payment-delay disclosures - know whether Essar Minmet pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Essar Minmet - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Essar Minmet an active company?

Essar Minmet has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Essar Minmet financially healthy?

Essar Minmet has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Essar Minmet?

Its overall Trust Score is 81/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Essar Minmet?

The ultimate holding entity is Essar Investment Holdings Mauritius Limited. 6 active director(s) are on record.

Does Essar Minmet have loans or charges against its assets?

4 open charge(s) are registered against its assets.

Is Essar Minmet up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Essar Minmet?

Its Credit Risk Score is 20/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.