Ashirwad Sponge Iron Private Limited

Integrated steel and power plant manufacturing and trading company with registered office in Kolkata.

2021 | Kolkata, West Bengal (India) | Active
Last Updated: November 08, 2024

Ashirwad Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 21.65 Cr
  • Company Age 3 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.00 Cr
  • Revenue Growth %
  • Profit Growth 1187.39%
  • Ebitda 2246.18%
  • Net Worth 684.80%
  • Total Assets 698.36%

About Ashirwad Sponge Iron

Ashirwad Sponge Iron Private Limited (ASIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 November 2021 (Three years and two months 23 days old ). Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Bankura Steel 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 24.00 Cr and a paid-up capital of Rs 21.65 Cr.

The company currently has active open charges totaling ₹20.00 Cr.

The Key Managerial Personnel (KMP) at Ashirwad Sponge Iron Private Limited India is Urvashi Jain as COMPANY SECRETARY. Chandan Mittal, Nitin Bhalotia, Ankit Poddar, and One other member 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

    U27100WB2021PTC249457

  • Company No.

    249457

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2021

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Executive Team (1)

Name Designation Appointment Date Status
Urvashi Jain Country flag representing In Company Secretary 02-May-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Chandan Mittal Country flag representing In Director 10-Nov-2021 Current
Nitin Bhalotia Country flag representing In Director 10-Nov-2021 Current
Ankit Poddar Country flag representing In Director 10-Nov-2021 Current
Mohit Poddar Country flag representing In Director 10-Nov-2021 Current

Financial Performance of Ashirwad Sponge Iron.

Ashirwad Sponge Iron Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 1187.39% increase in profit. The company's net worth Soared by an impressive increase of 684.8%.

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
Revenue from Operations
Total Assets
698.36%
Profit or Loss
1187.39%
Net Worth
684.80%
EBITDA
2246.18%

What is the Ownership and Shareholding Structure of Ashirwad Sponge Iron?

In 2022, Ashirwad 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

₹20.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Oct 2022 State Bank Of India ₹20.00 Cr Open

How Many Employees Work at Ashirwad Sponge Iron?

Ashirwad Sponge Iron has a workforce of 29 employees as of Apr 09, 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 Ashirwad 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 Ashirwad 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 Ashirwad Sponge Iron

Recent activity within the organization

  • Annual General Meeting

    Ashirwad Sponge Iron Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Ashirwad Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100627300 was registered on 26 Oct 2022.

    26 Oct 2022

  • Director Appointment

    Urvashi Jain was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2022 & has been associated with this company since 2 years 9 months .

    02 May 2022

  • Director Appointment

    Chandan Mittal was appointed as a Director was appointed as a Director on 10 Nov 2021 & has been associated with this company since 3 years 2 months .

    10 Nov 2021

  • Director Appointment

    Nitin Bhalotia was appointed as a Director was appointed as a Director on 10 Nov 2021 & has been associated with this company since 3 years 2 months .

    10 Nov 2021

Frequently asked questions

  • Ashirwad Sponge Iron Private Limited was incorporated on 10 Nov 2021.

  • The authorized share capital of Ashirwad Sponge Iron Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 21.65 Cr.

  • Currently 5 directors are associated with Ashirwad Sponge Iron Private Limited.

    • Chandan Mittal
    • Nitin Bhalotia
    • Ankit Poddar
    • Mohit Kumar Poddar
    • Urvashi Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashirwad Sponge Iron Private Limited is Divine Bliss Bl- South 5-Fr, Fl- 5B 2/3 Judges Court Road India, Kolkata, West Bengal, 700027.

  • The corporate identification number (CIN) of Ashirwad Sponge Iron Private Limited is U27100WB2021PTC249457 and the company number is 249457 as per Ministry of Corporate Affairs (MCA).

  • As Per 2023 financial reports, 29 employees are currently employed by Ashirwad Sponge Iron Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashirwad Sponge Iron Private Limited has experienced an upsurge of 684.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashirwad Sponge Iron Private Limited amount to ₹ 20.00 Cr.

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