Mining Associates Private Limited - Company overview

Mining Associates Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U10200WB2003PTC0…

2003-05-06 Kulti, West Bengal Active Unlisted Active Compliant
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MA Mining Associates Private Limited
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Key Metrics

AUTHORISED CAPITAL
4.00 cr
PAID-UP CAPITAL
1.91 cr
COMPANY AGE
23 Years 0 Months
since 2003-05-06
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
17
-51.55 cr
SATISFIED CHARGES
29
103.60 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
View More ⌄
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
15
Updated: 2025-06-21 12:59:13

About Mining Associates Private Limited

Mining Associates Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U10200WB2003PTC096162). Business overview includes Metals and Minerals (Mining & Mineral Extraction), incorporated on May 06, 2003 (23+ years old), headquartered in Kulti, West Bengal, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹109.81 Cr with a profit of ₹1.28 Cr. It has 3 active directors. The company employs approximately 728 people. Its latest credit rating is B+ by Icra.

Mining & Mineral Extraction
  • Location 110, Maindhemo, (Near Dhemomain Bus Stand) P.O. Sitarampur,, Kulti, West Bengal - 713359
  • Website miningassociates.co.in
CIN / LLPINU10200WB2003PTC096162
Company No.096162
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2003-05-06
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Kolkata
Credit RatingB+ (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Mining Associates Private Limited

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

■ Revenue ■ P/L ■ EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (3)

S
SANJAY BANSAL
Director | Since 2003-05-06
R
RAJESH BANSAL
Director | Since 2004-05-10
P
PRATIK BANSAL
Director | Since 2018-05-15

Charges Overview

Hdfc Bank Limited : 42.52 cr
Axis Bank Limited : 1.14 cr
Open Charges: 17 Satisfied Charges: 29
Open -51.55 cr
Satisfied 103.60 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 30 Aug 2025
 1.18 cr Open
Hdfc Bank Limited
Creation Date: 22 May 2025
 40.00 cr Open
Axis Bank Limited
Creation Date: 27 Feb 2025
 1.14 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Professional, Scientific and Technical-100
Professional, Scientific and Technical-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Mining Associates Private Limited
What is CIN of Mining Associates Private Limited?
The Corporate Identification Number (CIN) for Mining Associates Private Limited is U10200WB2003PTC096162. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 096162 as per MCA.
When was Mining Associates Private Limited incorporated?
Mining Associates Private Limited was incorporated 23 years 17 days ago on 06 May 2003.
What is paid-up capital and authorised share capital of Mining Associates Private Limited?
The paid-up capital of Mining Associates Private Limited is ₹ 19,108,000.00 and authorised share capital is ₹ 40,000,000.00.
Who are the current board members and directors of Mining Associates Private Limited?
Currently 3 directors are associated with Mining Associates Private Limited: Sanjay Bansal, Rajesh Bansal, Pratik Bansal.
  • Sanjay Bansal
  • Rajesh Bansal
  • Pratik Bansal
What is the registered address of Mining Associates Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Mining Associates Private Limited is 110, Maindhemo, (Near Dhemomain Bus Stand) P.O. Sitarampur,, Kulti, West Bengal, 713359, India.
What is the official website of Mining Associates Private Limited?
The official website of Mining Associates Private Limited is https://miningassociates.co.in.
What is the ROC code of Mining Associates Private Limited?
Mining Associates Private Limited ROC code is Roc Kolkata.
What is the company classification of Mining Associates Private Limited?
Mining Associates Private Limited is classified as Private Limited Indian Non-Government Company.
Mining Associates Private Limited - is it listed or unlisted?
Mining Associates Private Limited is a Unlisted company.
Does Mining Associates Private Limited have subsidiaries?
Mining Associates Private Limited has 1 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Mining Associates Private Limited?
Mining Associates Private Limited is currently Active and registered in Kulti, West Bengal, India.
What industry or business activity is Mining Associates Private Limited associated with?
Mining Associates Private Limited lists activity aligned with: Metals and Minerals - Mining & Mineral Extraction - Professional, Scientific and Technical. See the Overview and Competition sections for fuller industry context.
How many employees does Mining Associates Private Limited have?
Available records indicate roughly 728 employees for Mining Associates Private Limited. Confirm against filings and EPFO-related signals on the profile where shown.
Does Mining Associates Private Limited have GST registrations on file?
Mining Associates Private Limited shows 15 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Mining Associates Private Limited?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Mining Associates Private Limited.
How do I contact Mining Associates Private Limited?
Use the official website at https://miningassociates.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Mining Associates Private Limited?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Mining Associates Private Limited?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Mining Associates Private Limited (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 109.60 Cr. Verify figures on the Financial tab and supporting filings.