About Gujarat Mineral Development Corporation Ltd. 
Gujarat Mineral Development Corporation Ltd.
Mid Cap
Mining & Minerals
Gujarat Mineral Development Corporation Limited (GMDC), established by the Government of Gujarat, in May, 1963, is a mining and mineral processing company in India. The company is the largest merchant seller of Lignite in India. The company produces lignite, bauxite, calcined bauxite, fluorspar and manganese ore. They are also engaged in the generation of power. The company offers lignite for various industrial units, including textiles, chemicals, ceramics, bricks, and captive power.
Company Coordinates 
Company Details
Khanij Bhavan 132 Ft Ring Road, Nr University Ground Vastrapur Ahmedabad Gujarat : 380052
Registrar Details
MCS Ltd , 101 Shatdal Complex , 1st Floor, Opp. Bata Show Room, Ashram Road, Ahmedabad
Capital Structure 
Present Equity Capital
INR 63.60 Cr
Number of Shares
31.8 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
16-Oct-2008
31.8
63.60
159000000
2
Bonus
16-Oct-2008
31.8
63.60
159000000
2
Bonus
08-Nov-2007
15.9
31.80
127200000
2
Stock Split
08-Nov-2007
15.9
31.80
127200000
2
Stock Split
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 12 Schemes (0.11%)
FIIs
Held by 79 FIIs (1.94%)
Promoter with highest holding
H E The Governor Of Gujarat (74.0%)
Highest Public shareholder
None
Individual Investors Holdings
21.31%
Management
Designation
Remuneration
Joel Evans
Company Sec. & Compli. Officer
0
Nitin Shukla
Non-Exec. & Independent Dir.
52.5 k
S B Dangayach
Non-Exec. & Independent Dir.
45.0 k
SHAILESH GANDHI
Non-Exec. & Independent Dir.
37.5 k
Gauri Kumar
Non-Exec. & Independent Dir.
22.5 k
Roopwant Singh
Managing Director
0
Mona Mukesh Khandhar
Director
0
Hasmukh Adhia
Chairman (Non-Executive)
0
S J Haider
Director
0
ARTI KANWAR
Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Sale from Other Projects
1.20
0.06%
Sale from Other Projects
Sale from Other Projects
Revenue and Profits:
Net Sales:
653 Cr
(Quarterly Results - Dec 2024)
Net Profit:
148 Cr
Mining & Minerals
INR 8,710 Cr (Mid Cap)
13.00
7
3.56%
-0.10
10.26%
1.38