Agrasen Sponge Private Limited

Manufactures sponge iron with a manufacturing unit in Rourkela, promoted by Ashok Agrawal, Pawan Agrawal, and Raghuveer Prasad Gupta.

2003 | Sundergarh, Odisha (India) | Active
Last Updated: October 24, 2024

Agrasen Sponge Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 5.90 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.49 Cr
  • Satisfied Charges ₹ 4.08 Cr
  • Revenue Growth 39.25%
  • Profit Growth 147.93%
  • Ebitda 112.69%
  • Net Worth 37.16%
  • Total Assets 51.03%

About Agrasen Sponge

Agrasen Sponge Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 April 2003 and has a history of 21 years and ten months. Its registered office is in Sundergarh, Odisha, India.

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 11.00 Cr and a paid-up capital of Rs 5.90 Cr.

The company currently has active open charges totaling ₹32.49 Cr. The company has closed loans amounting to ₹4.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Dadhichi and Murari Sharma serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2003PTC007124

  • Company No.

    007124

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Agrasen Sponge?

Board Members (2)

NameDesignationAppointment DateStatus
Raj Dadhichi Country flag representing In Director 09-Mar-2010Current
Murari Sharma Country flag representing In Director 20-Apr-2010Current

Financial Performance of Agrasen Sponge.

Agrasen Sponge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.25% increase. The company also saw a substantial improvement in profitability, with a 147.93% increase in profit. The company's net worth Soared by an impressive increase of 37.16%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
39.25%
Revenue from Operations
39.51%
Total Assets
51.03%
Profit or Loss
147.93%
Net Worth
37.16%
EBITDA
112.69%

What is the Ownership and Shareholding Structure of Agrasen Sponge?

In 2023, Agrasen Sponge had a promoter holding of 98.20% and a public holding of 1.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.49 Cr

Satisfied Charges

₹4.08 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 26.24 Cr
  • Hdfc Bank Limited : 6.25 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Uco Bank₹1.83 MOpen
28 Mar 2023Hdfc Bank Limited₹3.68 CrOpen
10 Nov 2022Hdfc Bank Limited₹1.30 CrOpen
29 Sep 2022Hdfc Bank Limited₹1.26 CrOpen
10 Feb 2022Uco Bank₹8.65 MOpen

How Many Employees Work at Agrasen Sponge?

Agrasen Sponge has a workforce of 86 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Agrasen Sponge, 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 Agrasen Sponge's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Agrasen Sponge

Recent activity within the organization

  • Charges

    A charge with Uco Bank of Rs. 24.94 Cr registered on 03 Mar 2004 with Charge ID 90082043 was modified on 23 Aug 2024.

    23 Aug 2024

  • Charges

    A charge with Uco Bank amounted to Rs. 0.18 Cr with Charge ID 100966281 was registered on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge registered on 18 Aug 2020 via Charge ID 100366709 with Hdfc Bank Limited was fully satisfied on 07 Jun 2024.

    07 Jun 2024

  • Annual General Meeting

    Agrasen Sponge Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Agrasen Sponge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.68 Cr with Charge ID 100736785 was registered on 28 Mar 2023.

    28 Mar 2023

Frequently asked questions

  • Agrasen Sponge Private Limited was incorporated on 22 Apr 2003.

  • The authorized share capital of Agrasen Sponge Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 5.90 Cr.

  • Currently 2 directors are associated with Agrasen Sponge Private Limited.

    • Raj Kumar Dadhichi
    • Murari Lal Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Agrasen Sponge Private Limited is Mandiakudar, Chungimati Kansbahal India, Rajgangpur, Orissa, 770034.

  • The corporate identification number (CIN) of Agrasen Sponge Private Limited is U27102OR2003PTC007124 and the company number is 007124 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Agrasen Sponge Private Limited has risen by 39.25%.

  • As Per 2023 financial reports, 86 employees are currently employed by Agrasen Sponge Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Agrasen Sponge Private Limited has experienced an upsurge of 37.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Agrasen Sponge Private Limited amount to ₹ 32.49 Cr.

  • The most recent Balance Sheet for Agrasen Sponge Private Limited was filed with the ROC on 31 Mar 2023.

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