Alaknanda Sponge Iron Limited

Manufacturer of TMT bars and rods in various sizes, marketed under Kamdhenu TMT and KAY 2 brands.

2003 | Kolkata, West Bengal (India) | Active
Last Updated:

Alaknanda Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 11.92 Cr
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 137.51 Cr
  • Satisfied Charges ₹ 58.26 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 eight 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 2024. 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 ₹137.51 Cr. The company has closed loans amounting to ₹58.26 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Company report

Alaknanda Sponge Iron Limited

Explore comprehensive data for Alaknanda Sponge Iron Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Kushal Agarwal CFO22-Mar-2022Current
Varsha Kedia Country flag representing In Company Secretary01-Aug-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Vishal Saroagi Country flag representing In Director 26-Aug-2003Current
Anand Saraogi Country flag representing In Whole-Time Director 26-Aug-2003Current
Sandeep Agarwal Country flag representing In Director 31-Dec-2011Current
Neeti Kumari Country flag representing In Director 10-Jul-2020Current
Subhas Kayal Country flag representing In Director 03-Mar-2021Current
Niraj Jindal Country flag representing In Director 15-Jun-2022Current

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%.

Alaknanda Sponge Iron revenue growth over time
Alaknanda Sponge Iron 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
18.97%
Revenue from Operations
18.96%
Total Assets
13.37%
Profit or Loss
-46.70%
Net Worth
7.53%
EBITDA
-85.73%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹137.51 Cr

Satisfied Charges

₹58.26 Cr

Charges Breakdown by Lending Institutions

  • Others : 69.61 Cr
  • Hdfc Bank Limited : 67.70 Cr
  • Yes Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2023Others₹31.00 CrOpen
09 Jan 2023Others₹2.90 MOpen
22 Nov 2021Hdfc Bank Limited₹1.40 MOpen
11 Oct 2021Yes Bank Limited₹2.00 MOpen
27 Jul 2021Others₹0.70 MOpen

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.

Employee growth trends for Alaknanda Sponge Iron Limited

Deals i

Graph showing company valuation over time

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

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 Alaknanda Sponge Iron

Recent activity within the organization

  • Annual General Meeting

    Alaknanda Sponge Iron Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 14 Feb 2020 via Charge ID 100328766 with Hdfc Bank Limited was fully satisfied on 29 Apr 2024.

  • Balance Sheet

    Alaknanda Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 67.00 Cr registered on 11 Dec 2020 with Charge ID 100407037 was modified on 23 Aug 2023.

  • Charges

    A charge with Others of Rs. 31.00 Cr registered on 25 Jan 2023 with Charge ID 100672750 was modified on 07 Jul 2023.

  • Charges

    A charge registered on 03 Jun 2021 via Charge ID 100454656 with Others was fully satisfied on 19 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Alaknanda Sponge Iron Limited?

    Alaknanda Sponge Iron Limited was incorporated on 26 Aug 2003.

  • What is authorized share capital and paid-up capital of Alaknanda Sponge Iron Limited?

    The authorized share capital of Alaknanda Sponge Iron Limited is ₹ 14.00 Cr and paid-up capital is ₹ 11.92 Cr.

  • Who are the current board members & directors of Alaknanda Sponge Iron Limited?

    Currently 8 directors are associated with Alaknanda Sponge Iron Limited.

    • Vishal Saroagi
    • Anand Kumar Saraogi
    • Sandeep Agarwal
    • Neeti Kumari
    • Subhas Kumar Kayal
    • Niraj Jindal
    • Kushal Agarwal
    • Varsha Kedia

  • What is the registered address of Alaknanda Sponge Iron Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Alaknanda Sponge Iron Limited is 41A Achrya Jagdish Chandra Bose Road Diamond Prestige 2Nd Floor Room No. 21 3, India, Kolkata, West Bengal, 700017.

  • What is the corporate identification number (CIN) and company number of Alaknanda Sponge Iron Limited?

    The corporate identification number (CIN) of Alaknanda Sponge Iron Limited is U27102WB2003PLC096848 and the company number is 096848 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Alaknanda Sponge Iron Limited?

    The Official website of Alaknanda Sponge Iron Limited is https://www.alaknandagroup.com

  • What has been the recent revenue trend for Alaknanda Sponge Iron Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Alaknanda Sponge Iron Limited has risen by 18.97%.

  • What change has been observed in the net worth of Alaknanda Sponge Iron Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Alaknanda Sponge Iron Limited has experienced an upsurge of 7.53%.

  • What are the total open charges for Alaknanda Sponge Iron Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Alaknanda Sponge Iron Limited amount to ₹ 137.51 Cr.

  • When was the last Balance Sheet of Alaknanda Sponge Iron Limited filed with the ROC?

    The most recent Balance Sheet for Alaknanda Sponge Iron Limited was filed with the ROC on 31 Mar 2024.

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