The company was founded in 1995 and is based in the state of Gujarat, India. Credo Mineral Industries Limited operates in the mineral exploration and mining industry and is primarily engaged in the production and sale of minerals such as bauxite, iron ore, and limestone.
Over the years, Credo Mineral Industries Limited has built a reputation as a reliable and trustworthy company in the mining industry. The company's commitment to quality, safety, and sustainability has helped it establish strong relationships with customers, suppliers, and stakeholders.
One of the key factors that have contributed to Credo Mineral Industries Limited's success is its focus on innovation and technology. The company has invested heavily in research and development to find new and more efficient ways of mining and processing minerals. This has enabled the company to reduce costs, increase production, and minimize its environmental impact.
| Credo Mineral Outstanding Shares: | 6,56,87,014 |
| Face Value of Credo Mineral Unlisted Share: | Rs. 10 Per Equity Share |
| ISIN of Credo Mineral Unlisted Share: | INE162M01015 |
| Lot Size of Credo Mineral Unlisted Share: | 100 Shares |
| Credo Mineral Current Share Price: | Best in Industry |
| PAN Number of Credo Mineral: | AABCH5561P |
CIN of Credo Mineral |
U10300GJ1995PLC064782 |
Registration Date of Credo Mineral |
23 June 1995 |
Category/Sub-category of Credo Mineral |
Limited by Shares/ Non-govt company |
Credo Mineral Registered office and contact details |
305, Third Floor, Third Eye One, Opp. Honest Restaurant, Near Panchvati Five Roads, C. G. Road, Ahmedabad GJ 380006 IN |
Credo Mineral Registrar and Transfer Agent |
Skyline Fin. Serv Pvt Ltd |
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Mines and Minerals based industries through JV and Subsidiaries |
1320 |
100% |
Shri Anand Anilbhai Patel, Executive Director
Shri Rakesh Sukhraj Shah, Managing Director
Shri Naman Madhav Patel, Executive Director
Shri Vikas Chandra, Independent Director
Shri Parasmal Kundanmal Shah, Independent Director
Mr. Krunal Rasiklal Shah, CFO
Mr. Kirtesh Shah, Company Secretary
|
S. No. |
Name of the Company |
Holding/ Subsidiary/ Associate/ Joint Venture |
% of Shares held |
|
1. |
Rocktech Mineral Development (Guj.) Private Limited |
Subsidiary |
99.15% |
|
2. |
Gujarat Credo Mineral Industries Limited |
Joint Venture |
74% |
|
3. |
Lucent Mines and Mineral Private Limited |
Subsidiary |
100% |
|
4. |
Gujarat Credo Alumina Chemicals Limited |
Subsidiary |
100% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
4,00,44,566 |
60.97% |
|
2. |
Public Shareholding |
2,56,42,448 |
39.03% |
|
|
Total |
6,56,87,014 |
100.00% |
The mining industry, in general, is expected to experience growth in the coming years, driven by the increasing demand for minerals and metals worldwide. Credo Mineral Industries Limited, being a player in this industry, is likely to benefit from this growth trend.
The demand for minerals such as bauxite, iron ore, and limestone is expected to increase in the near future, primarily driven by the construction and infrastructure sectors. These minerals are used in the production of cement, steel, and other building materials, which are in high demand as the global economy continues to recover from the impact of the COVID-19 pandemic.
In addition, the growing focus on sustainability and renewable energy is likely to drive demand for minerals used in the production of solar panels, wind turbines, and electric vehicle batteries. Credo Mineral Industries Limited, with its focus on innovation and technology, is well-positioned to capitalize on these opportunities.
