Alaknanda Sponge Iron Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 11.92 Cr
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 137.58 Cr
- Satisfied Charges ₹ 58.20 Cr
- Revenue Growth 18.97%
- Profit Growth -46.70%
- Ebitda -85.73%
- Net Worth 7.53%
- Total Assets 13.37%
About Alaknanda Sponge Iron
Alaknanda Sponge Iron Limited (ASIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 2003 and has a history of 21 years and five months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Alaknanda Sponge Iron Private Limited. 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 14.00 Cr and a paid-up capital of Rs 11.92 Cr.
The company currently has active open charges totaling ₹137.58 Cr. The company has closed loans amounting to ₹58.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Alaknanda Sponge Iron Limited India are Kushal Agarwal as CFO and Varsha Kedia as Company Secretary. Vishal Saroagi, Anand Saraogi, Sandeep Agarwal, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27102WB2003PLC096848
- Company No.
096848
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Aug 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Alaknanda Sponge Iron?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kushal Agarwal | CFO | 22-Mar-2022 | Current |
Varsha Kedia  | Company Secretary | 01-Aug-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Saroagi | Director | 26-Aug-2003 | Current |
| Anand Saraogi | Whole-Time Director | 26-Aug-2003 | Current |
| Sandeep Agarwal | Director | 26-Aug-2003 | Current |
| Neeti Kumari | Director | 10-Jul-2020 | Current |
| Subhas Kayal | Director | 03-Mar-2021 | Current |
| Niraj Jindal | Director | 15-Jun-2022 | Current |
Financial Performance of Alaknanda Sponge Iron.
Alaknanda Sponge Iron Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.97% increase. The company also saw a substantial fall in profitability, with a 46.7% decrease in profit. The company's net worth moved up by a moderate rise of 7.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Alaknanda Sponge Iron?
In 2023, Alaknanda Sponge Iron had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kritika Wires LimitedNiraj Jindal is a mutual person
Daffodil Vincom Private LimitedVishal Saroagi, Anand Saraogi and 1 more are mutual person
Veeline Industries LimitedNiraj Jindal is a mutual person
Alaknanda Industries Private LimitedAnand Saraogi is a mutual person
Alaknanda Balmukund Ispat Private LimitedVishal Saroagi and Anand Saraogi are mutual person
- Golden Castings & Ispat Limited
Vishal Saroagi and Anand Saraogi are mutual person
Charges (Loans)
₹137.58 Cr
₹58.20 Cr
Charges Breakdown by Lending Institutions
- Others : 69.61 Cr
- Hdfc Bank Limited : 67.77 Cr
- Yes Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2023 | Others | ₹31.00 Cr | Open |
| 09 Jan 2023 | Others | ₹2.90 M | Open |
| 22 Nov 2021 | Hdfc Bank Limited | ₹1.40 M | Open |
| 11 Oct 2021 | Yes Bank Limited | ₹2.00 M | Open |
| 27 Jul 2021 | Others | ₹0.70 M | Open |
How Many Employees Work at Alaknanda Sponge Iron?
Unlock and access historical data on people associated with Alaknanda Sponge Iron, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Alaknanda Sponge Iron, 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 Alaknanda Sponge Iron'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.
