Company Overview
Company Overview
- We are a team of 25 employees in the company and have been hiring daily Labour based on material demand. Usually we hire Labour around 200 persons on average.
- We have a team of highly qualified professionals, who work in a close coordination in order to achieve the organizational goal of optimum quality mineral products’ production.
- Our team encompasses Mining consultants, technicians, engineers, quality analysts and marketing personnel.
- We have qualified Mining engineers who guide our entire mining operations.
- We have qualified engineers and technicians who skillfully operate the complex machines.
- Our quality analysts keep a strict vigil during the whole production process to maintain the flawlessness.
Directors
| Director Name | Position |
|---|---|
| Enjam Lakshmi | Managing Director |
| Prasad Pv | Executive Director |
Our Business Model
- Going forward, PRAS Minerals will be the key entity, which does transactions with customers.
- Mine leases and Mining activities remains with their respective partnership firms, but sale of material will be through PRAS Minerals.
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In this scope, Pras Minerals has Eight Captive mines under its control and ownership.
- M/s. S.R.Minerals possess one Quartz Mine at Gudur, M/s.Lorven Minerals possess one mine with Feldspar Deposits and M/s. Chennai Minerals possess two mines at Mylavaram. All these mines produce Semi Glassy Quartz and Feldspar.
- M/s. Jyothsna Minerals possess two mines, which produce Granular Quartz. These mines are at Sydapuram, Gudur.
- M/s. Venkata Raghavendra Minerals possess two mines of Soapstone and Dolomite. These mines are at Bethamcherla and Rayala Cheruvu, Andhra Pradesh.
Materials We Produce
- Quartz
- Semi-Glassy Quartz
- Quartz Lumps
- Quartz Grit
- Feldspar
- Potash Feldspar
- Light Grey / Whitish Grey Potash Feldspar
- Pink Potash Feldspar
- Soda Feldspar
- Soap Stone / Talc / Steatite
- Grade A
- Grade B
- Grade C
- Grade D
- Grade E
- Dolamite
- Grade A with silica percentage less than 2% and Fe content less than 1.75%
- Grade B with silica percentage above 2%
- Marble
- Premium Quality
- Normal Quality
Key Challenges
- Monsoon Impact on Production:
- Monsoons hit Gudur region between October to Mid of December every year, where as hits Mylavaram region between July to September. During these days, there is a significant impact on production of Grade A material.
- Fuel Price hikes
- Increase in Labour cost:
- To anticipate this problem, we are looking at utilizing of more machinery.
- Dollar-Rupee Exchange Rate
- Fluctuation in material demand
Future Plans
- Reduce Labour involvement in material production by employing better techniques:
- Employing Sand-blasting
- Using of more machinery – Rock Breakers, Loaders, etc
- Build sophisticated stock yard
- Anticipating Monsoon Impact
- Acquiring new mines or applying for new mine leases in various places since monsoon timings in India varies region to region.
- Have defined strategy for maintaining relations with existing customers in long-term basis.
- Spend on new technology trends for better productivity.
- Have a tie-ups with infrastructure projects for supply of mud / gravel, which are resulted in the process of preparing Grade A and Grade B.
Factors Influencing Pricing
- Dollar Vs Rupee exchange
- Fluctuations in Fuel prices
- Statutory taxes levied by various Govt agencies from time to time.
- Size of the lumps
- Packing of the materials
- Container Option
- With Container
- Using Jumbo Bags
- No Jumbo Bags
- Bulk / Break Bulk Shipment
- With Container
Export License
| IEC Code | 0911000542 |
| Bank with | HDFC & Ing Vysya |
Forwarding Agent :
| Chennai Port | Cargo Marketing, Hera Shipping |
| Krishnapatnam Port | KPCT In-House team & SeaShell |
Shipliners :
| OOCL, Maersk, RCL, Wanhai, Hyundai |
Ports through which we export:
- Chennai
- Krishnapatnam
Note: Going forward, we will use more services of Krishnapatnam port.
Registrations with Statutory Bodies in India
| Registration | Registered with / Under | Registration Number |
|---|---|---|
| Company Incorporation Certificate | Ministry of Company Affairs | U14293AP2010PTC070183 |
| Imports and Exports Code | DGFT, India. Ministry of Commerce under Foreign Trade | 0911000542 |
| PAN | Income Tax Dept, India | AAFCP6529F |
| TIN | Commercial Tax department | 28601198383 |
| TAN | Income Tax | HYDP08096E |