About Ashapura Minechem Ltd 
Ashapura Minechem Ltd
Small Cap
Mining & Minerals
Ashapura Minechem Limited was incorporated as a Public Limited Company on February 19, 1982 and was promoted by Navnitlal R. Shah. They explored Bentonite which finds application in various industries such as oil and water well drilling, foundries, iron ore pelletization, civil engineering, etc. The Company is engaged in the mining, manufacturing and trading of various minerals and its derivative products.
Company Coordinates 
Company Details
Jeevan Udyog Bldg 3rd Floor, 278 D N Road Fort Mumbai Maharashtra : 400001
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 18.30 Cr
Number of Shares
9.15 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
12-Aug-2021
9.15
18.30
4500000
2
Conversion of Warrants
25-Mar-2014
8.7
17.40
4000000
2
Conversion of Warrants
25-Mar-2014
8.7
17.40
4000000
2
Conversion of Warrants
26-Dec-2012
8.3
16.60
4000000
2
Conversion of Warrants
26-Dec-2012
8.3
16.60
4000000
2
Conversion of Warrants
30-Jun-2008
7.9
15.80
17508
2
ESOP
30-Jun-2008
7.9
15.80
17508
2
ESOP
30-Jan-2008
7.9
15.79
49486
2
ESOP
30-Jan-2008
7.9
15.79
49486
2
ESOP
29-Nov-2007
7.89
15.78
100190
2
ESOP
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
14.7924
Mutual Funds
Held by 1 Schemes (0.12%)
FIIs
Held by 46 FIIs (15.87%)
Promoter with highest holding
Ashapura Industrial Finance Limited (17.75%)
Highest Public shareholder
Albula Investment Fund Ltd (4.98%)
Individual Investors Holdings
26.4%
Management
Designation
Remuneration
Chetan Shah
Executive Chairman
84.0 lacs
Sachin Polke
Vice President & CS
0
Abhilash Munsif
Non-Exec. & Independent Dir.
4.5 lacs
Harish N Motiwalla
Non-Exec. & Independent Dir.
4.5 lacs
Pundarik Sanyal
Non-Exec. & Independent Dir.
4.5 lacs
Himani Ankur Shah
Director
2.0 lacs
Hemul Shah
Executive Director & CEO
54.33 lacs
Neeta Shah
Independent Director
1.5 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchase of Finished Goods
35.4662
0%
Purchase of Finished Goods
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Processed Industrial Minerals
226.45
94.67%
Other Operational income
9.40
3.93%
Research & Development Fees Receipts
3.30
1.38%
Processed Industrial Minerals
Processed Industrial Minerals
Other Operational income
Other Operational income
Research & Development Fees Receipts
Research & Development Fees Receipts
Revenue and Profits:
Net Sales:
865 Cr
(Quarterly Results - Dec 2024)
Net Profit:
105 Cr
Mining & Minerals
INR 3,362 Cr (Small Cap)
14.00
7
0.00%
0.95
14.31%
3.02