B R Sponge And Power Limited

Produces sponge iron with 60,000 MTPA capacity in Odisha.

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

B R Sponge And Power Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 7.94 Cr
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 287.42 Cr
  • Satisfied Charges ₹ 138.68 Cr
  • Revenue Growth -2.61%
  • Profit Growth 5.78%
  • Ebitda 2.40%
  • Net Worth 35.16%
  • Total Assets 34.39%

About B R Sponge And Power

B R Sponge And Power Limited (BRSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 2003 and has a history of 22 years and two 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 9.00 Cr and a paid-up capital of Rs 7.94 Cr.

The company currently has active open charges totaling ₹287.42 Cr. The company has closed loans amounting to ₹138.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at B R Sponge And Power Limited India are Sweta Shah as COMPANY SECRETARY and Rohit Agarwal as Ceo. Vivek Khemka, Harshvardhan Garg, Keyur Mehta, and Four other members 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

    U27101OR2003PLC007028

  • Company No.

    007028

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 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 B R Sponge And Power?

Executive Team (2)

NameDesignationAppointment DateStatus
Sweta Shah Country flag representing In Company Secretary05-Jun-2024Current
Rohit Agarwal Country flag representing In CEO11-Feb-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Keyur Mehta Country flag representing In Director 28-Sep-2023Current
Harshvardhan Garg Country flag representing In Director 24-Mar-2010Current
Vivek Khemka Country flag representing In Director 01-Sep-2022Current
Dolly Prasad Director 24-Apr-2024Current
Yogesh Sharma Country flag representing In Director 06-Mar-2021Current
Dillip Sahoo Country flag representing In Director 24-Apr-2019Current

Financial Performance of B R Sponge And Power.

B R Sponge And Power Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.61% decrease. The company also saw a slight improvement in profitability, with a 5.78% increase in profit. The company's net worth Soared by an impressive increase of 35.16%.

B R Sponge And Power revenue growth over time
B R Sponge And Power 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
-2.61%
Revenue from Operations
-4.34%
Total Assets
34.39%
Profit or Loss
5.78%
Net Worth
35.16%
EBITDA
2.40%

What is the Ownership and Shareholding Structure of B R Sponge And Power?

In 2022, B R Sponge And Power had a promoter holding of 18.98% and a public holding of 81.02%. The company had 3 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹287.42 Cr

Satisfied Charges

₹138.68 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 130.00 Cr
  • Sbicap Trustee Company Limited : 126.94 Cr
  • State Bank Of India : 30.16 Cr
  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Uco Bank₹130.00 CrOpen
19 Jun 2023State Bank Of India₹1.60 MOpen
16 Mar 2023State Bank Of India₹30.00 CrOpen
10 Mar 2023Sbicap Trustee Company Limited₹126.94 CrOpen
30 Mar 2022Hdfc Bank Limited₹3.20 MOpen

How Many Employees Work at B R Sponge And Power?

Unlock and access historical data on people associated with B R Sponge And Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for B R Sponge And Power Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of B R 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 B R Sponge And Power'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 B R Sponge And Power

Recent activity within the organization

  • Charges

    A charge with Uco Bank amounted to Rs. 130.00 Cr with Charge ID 100961851 was registered on 26 Jul 2024.

  • Director Appointment

    Sweta Shah was appointed as a Company Secretary was appointed as a Company Secretary on 05 Jun 2024 & has been associated with this company since 9 months 23 days .

  • Director Appointment

    Dolly Prasad was appointed as a Director was appointed as a Director on 24 Apr 2024 & has been associated with this company since 11 months 4 days .

  • Annual General Meeting

    B R Sponge And Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Keyur Nilesh Mehta was appointed as a Director was appointed as a Director on 28 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Charges

    A charge registered on 02 Mar 2021 via Charge ID 100429199 with Hdfc Bank Limited was fully satisfied on 21 Jul 2023.

Frequently asked questions

  • What is the Incorporation or founding date of B R Sponge And Power Limited?

    B R Sponge And Power Limited was incorporated on 10 Jan 2003.

  • What is authorized share capital and paid-up capital of B R Sponge And Power Limited?

    The authorized share capital of B R Sponge And Power Limited is ₹ 9.00 Cr and paid-up capital is ₹ 7.94 Cr.

  • Who are the current board members & directors of B R Sponge And Power Limited?

    Currently 9 directors are associated with B R Sponge And Power Limited.

    • Vivek Khemka
    • Harshvardhan Garg
    • Keyur Nilesh Mehta
    • Sweta Shah
    • Rohit Kumar Agarwal
    • Dolly Prasad
    • Yogesh Sharma
    • Dillip Kumar Sahoo
    • Shashank Garg

  • What is the registered address of B R Sponge And Power Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of B R Sponge And Power Limited is C-12 First Floor Meridien Tower, Uditnagar India, Rourkela, Orissa, 769012.

  • What is the corporate identification number (CIN) and company number of B R Sponge And Power Limited?

    The corporate identification number (CIN) of B R Sponge And Power Limited is U27101OR2003PLC007028 and the company number is 007028 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for B R Sponge And Power Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for B R Sponge And Power Limited has fallen by -2.61%.

  • What change has been observed in the net worth of B R Sponge And Power Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of B R Sponge And Power Limited has experienced an upsurge of 35.16%.

  • What are the total open charges for B R Sponge And Power Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for B R Sponge And Power Limited amount to ₹ 287.42 Cr.

  • When was the last Balance Sheet of B R Sponge And Power Limited filed with the ROC?

    The most recent Balance Sheet for B R Sponge And Power Limited was filed with the ROC on 31 Mar 2023.

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