Mincore Resources Private Limited - Due diligence report

A 360° intelligence report on Mincore Resources Private Limited: trust score, financial health, credit view, compliance, directors, growth a…

1997-12-18 Chennai, Tamil Nadu Active Unlisted Active Compliant
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MR Mincore Resources Private Limited
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Mincore Resources Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
62/100
Trust Score
Moderate

Mincore Resources Private Limited is assessed as Moderate with a Trust Score of 62/100. Mincore Resources Private Limited is an active private limited indian non-government company incorporated in 1997, operating in the Metals and Minerals sector. The company has shown revenue growth across its recent filed years. 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 17 Jul 2026 from the latest processed filings. Mincore Resources Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Good
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 ScoreModerate
62/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 2 satisfied (86.50 cr).

Banking relationships (from registered charges)
LenderChargesAmount
The Hongkong And Shanghai Banking Corporation Ltd1 48.0 cr
Mashreqbank Psc1 48.0 cr
Compliance Score: 86/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
TEJABUL SHAFI 01234567 Director 01/04/2018 6 yrs Approved
SEYED IBUNU MOULANA 01234567 Director 01/04/2018 6 yrs Approved
SATHAK ABDUL KADAR 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
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 2020 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
-
Subsidiaries
-
Group entities
-
Capital events
7 allotment(s) · 0 transfer(s)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 40
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Operating for 28+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence65/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment43/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view45/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 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
31 Mar 2025
Latest balance sheet
Filed with ROC
01 Apr 2020
Director appointed
TEJABUL SHAFI (Company Secretary)
28 Mar 2020
Director ceased
RAVI KIRAN SUKUMAR
20 Mar 2017
Securities allotted
2860000 Equity Shares Without Differential Rights - 2.86 cr raised
01 Mar 2017
Director ceased
ABDUL RAZICK MAGBOOL KHAN
Director ceased
MAGBOOL KHAN ABDUL RAZICK
16 May 2011
Securities allotted
8000000 Equity Shares Without Differential Rights - 8.00 cr raised
02 May 2011
Securities allotted
8000000 Equity Shares Without Differential Rights - 8.00 cr raised
28 Jun 2010
Securities allotted
860000 Equity Shares Without Differential Rights - 86.00 Lakh raised
11 Jun 2010
Securities allotted
860000 Equity Shares Without Differential Rights - 86.00 Lakh raised
06 Apr 2010
Securities allotted
7750000 Equity Shares Without Differential Rights - 7.75 cr raised
29 Mar 2010
Securities allotted
7750000 Equity Shares Without Differential Rights - 7.75 cr raised
23 Jul 2009
Charge satisfied
The Hongkong And Shanghai Banking Corporation Ltd
25 Mar 2008
Director ceased
SULAIMAN MOHAMED
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 2 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
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
Mahika Granites Private Limited U14102MH2006PTC163216 Thane, Maharashtra, India
Digiana Mining Corporation Private Limited U14220MP2014PTC032062 Indore, Madhya Pradesh, India
Jagdish Mines And Metals Private Limited U74899DL1971PTC005692 New Delhi, Delhi, India
A J Exim Private Limited U02001AS1996PTC004667 Guwahati, Assam, India
Shashank Mining Private Limited U75200WB2012PTC186936 Kolkata, West Bengal, India
Sharma Mining Private Limited U13205WB2011PTC164615 Burdwan, West Bengal, India
West Bengal Mineral Development And Trading Corp Ltd U14219WB1973SGC028707 Kolkata, West Bengal, India
Vibhu Coal Private Limited U10100MH2012PTC227225 Chandrapur, Maharashtra, India
12

Who Uses This Report

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

Verify Mincore Resources Private Limited before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mincore Resources Private Limited: 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: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 70/100, margin trends, ownership structure and peer set for Mincore Resources Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 62/100, distress signals and MSME payment-delay disclosures - know whether Mincore Resources Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Mincore Resources Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mincore Resources Private Limited an active company?

Mincore Resources Private Limited has MCA status “Active” with a compliance score of 86/100 (Low Risk).

Is Mincore Resources Private Limited financially healthy?

Mincore Resources Private Limited has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Mincore Resources Private Limited?

Its overall Trust Score is 62/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mincore Resources Private Limited?

See the directors and ownership sections above for board and shareholding detail. 3 active director(s) are on record.

Does Mincore Resources Private Limited have loans or charges against its assets?

No open charges - all 2 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Mincore Resources Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).

Is it risky to lend to Mincore Resources Private Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.