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: |
7,50,00,000 |
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 |
GST Number of Credo Mineral: |
24AABCH5561P1Z9 |
CIN of Credo Mineral |
U20119GJ1995PLC064782 |
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% |
|
Category |
No of shares |
% of shares held |
|
Promoters |
46,425,184 |
61.90% |
|
Public |
28,574,816 |
38.09% |
|
Total |
7,50,00,000 |
100% |
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.
Q: What
is the face value of Credo Mineral Industries Ltd shares?
Answer: The face value of Credo Mineral Industries Ltd is ₹10 per equity
share.
Q: What
is the minimum lot size for buying Credo Mineral Industries shares through
WWIPL?
Answer: The minimum lot size for Credo Mineral Industries shares is 100
equity shares.
Q: How
can I buy Credo Mineral Industries unlisted shares through WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with
WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why
should I buy Credo Mineral Industries shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless
Demat transfers, and dedicated support throughout the investment process.
Q: Is
investing in Credo Mineral Industries Ltd a good idea?
Answer: Investors often evaluate Credo Mineral Industries based on its
mineral processing capabilities, product portfolio, financial performance, and
long-term demand across industrial sectors.
Q: Why do
investors buy Credo Mineral Industries shares before a potential IPO?
Answer: Investors seek early exposure to the company before a potential
listing, aiming to participate in future value creation and liquidity
opportunities.
Q: What
business does Credo Mineral Industries Ltd operate in?
Answer: Credo Mineral Industries is engaged in the mining, processing,
and supply of industrial minerals and mineral-based products for various
manufacturing and industrial applications.
Q: What
makes Credo Mineral Industries different from other unlisted mining companies?
Answer: The company focuses on value-added mineral processing, quality
control, and supplying specialized mineral products to multiple end-use
industries.
Q: What
are the key growth drivers for Credo Mineral Industries Ltd?
Answer: Growth in infrastructure, ceramics, paints, construction
materials, industrial manufacturing, and rising demand for processed minerals
are key growth drivers.
Q: What
factors affect the valuation of Credo Mineral Industries shares?
Answer: Revenue growth, production capacity, mineral reserves, operating
margins, profitability, raw material availability, and industry demand
influence the company's valuation.
Q: Are
Credo Mineral Industries shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to
the investor's Demat account.
Q: Can I
sell my Credo Mineral Industries shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted
shares, subject to market demand and availability.
Q: What
documents are required to buy Credo Mineral Industries shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report
(CMR), and bank account details to complete the transaction.
Q: What
are the risks of investing in Credo Mineral Industries shares?
Answer: Investors should consider commodity price volatility, regulatory
changes, mining and environmental risks, demand fluctuations, and liquidity
constraints associated with unlisted shares.
Q: How
does WWIPL help investors track Credo Mineral Industries investments?
Answer: WWIPL provides company updates, transaction assistance, market
insights, and investment support to help investors stay informed.
Q: How
long does it take for Credo Mineral Industries shares purchased through WWIPL
to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account
after successful completion and verification of the transaction.
Q: What
should investors evaluate before investing in Credo Mineral Industries Ltd?
Answer: Investors should assess the company's financial performance,
mineral reserves, production capacity, profitability, valuation, and long-term
growth prospects.
Q:
Can Credo Mineral Industries benefit from India's infrastructure and industrial
growth?
Answer: Yes. Increasing demand for industrial minerals from
infrastructure, manufacturing, ceramics, and construction sectors may create
long-term growth opportunities for the company.