Aarti Sponge And Power Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
as on 09-07-2024
- Paid Up Capital ₹ 19.78 Cr
as on 09-07-2024
- Company Age 20 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 622.93 Cr
as on 09-07-2024
- Satisfied Charges ₹ 163.43 Cr
as on 09-07-2024
- Revenue 5.88%
(FY 2023)
- Profit 25.75%
(FY 2023)
- Ebitda 12.19%
(FY 2023)
- Net Worth 17.29%
(FY 2023)
- Total Assets -9.46%
(FY 2023)
About Aarti Sponge And Power
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 19.78 Cr.
The company currently has active open charges totaling ₹622.93 Cr. The company has closed loans amounting to ₹163.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aarti Sponge And Power Limited India is Manish Mandal as CFO. Rajeev Mundra, Rajeev Agrawal, Manish Mandal, and One other member serve as directors at the Company.
- CIN/LLPIN
U27102CT2004PLC016615
- Company No.
016615
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 May 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
Company Details
- Location
Raipur, Chattisgarh, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Aarti Sponge And Power?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Agrawal  | Managing Director | 14-May-2004 | Current |
| Manish Mandal | CFO | 01-Apr-2019 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Mundra | Director | 14-May-2004 | Current |
| Sri Mandal | Director | 02-Apr-2007 | Current |
Financial Performance and Corporate Structure Insights of Aarti Sponge And Power.
Aarti Sponge And Power Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.88% increase. The company also saw a substantial improvement in profitability, with a 25.75% increase in profit. The company's net worth Soared by an impressive increase of 17.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Aarti Sponge And Power?
In 2023, Aarti Sponge And Power had a promoter holding of 70.65% and a public holding of 29.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aarti Infrastructure And Buildcon LimitedActive 25 years 2 monthsRajeev Mundra and Rajeev Agrawal are mutual person
- C.G. Sponge Manufacturers Consortium Coa L Fields LlpActive 8 years 19 days
Rajeev Agrawal is a mutual person
- Manish Finlease Private LimitedActive 29 years 7 months
Manish Mandal and Sri Mandal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Bank Limited Creation Date: 17 Jan 2024 | ₹15.00 Cr | Open |
Yes Bank Limited Creation Date: 11 Oct 2023 | ₹1.18 Cr | Open |
Yes Bank Limited Creation Date: 04 Oct 2023 | ₹30.00 Cr | Open |
How Many Employees Work at Aarti Sponge And Power?
Aarti Sponge And Power has a workforce of 304 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aarti Sponge And Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aarti Sponge And Power's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
