Benaka Sponge Iron Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 37.73 Cr
- Satisfied Charges ₹ 21.20 Cr
- Revenue Growth -100.00%
- Profit Growth 51.58%
- Ebitda 92.19%
- Net Worth -44.30%
- Total Assets -44.72%
About Benaka Sponge Iron
Benaka Sponge Iron Private Limited (BSIPL) is Dissolved (Liquidated) company established on 13 Oct 2003 with its office registered at Bangaluru, Karnataka, India and has been running since 21 Year, 5 Months with a paid up capital of 5.00 Cr. According to MCA records, 2 Directors are linked to this company as of 16 Jan 2025.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27102KA2003PTC032717
- Company No.
032717
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Oct 2003
- Date of AGM
28 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Benaka Sponge Iron Private Limited
Explore comprehensive data for Benaka Sponge Iron Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Benaka Sponge Iron?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Bhuwalka  | Managing Director | 01-Feb-2007 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ankit Bhuwalka | Director | 09-Apr-2012 | Current |
Financial Performance of Benaka Sponge Iron.
Benaka Sponge Iron Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 51.58% increase in profit. The company's net worth observed a substantial decline by a decrease of 44.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Benaka Sponge Iron?
In 2017, Benaka 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)
- Nava Karnataka Steels Private Limited
Ajay Bhuwalka and Ankit Bhuwalka are mutual person
- Mahesh Sponge Iron And Power Limited
Ajay Bhuwalka and Ankit Bhuwalka are mutual person
- Shri Durga Trade Links Private Limited
Ajay Bhuwalka and Ankit Bhuwalka are mutual person
Charges (Loans)
Open Charges
₹37.73 Cr
Satisfied Charges
₹21.20 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 33.73 Cr
- Syndicate Bank : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2010 | Idbi Bank Limited | ₹33.73 Cr | Open |
| 28 Dec 2004 | Syndicate Bank | ₹4.00 Cr | Open |
| 10 Nov 2005 | State Bank Of Mysore | ₹14.20 Cr | Satisfied |
| 13 Aug 2004 | Syndicate Bank | ₹1.00 Cr | Satisfied |
| 16 Feb 2004 | Syndicate Bank | ₹6.00 Cr | Satisfied |
How Many Employees Work at Benaka Sponge Iron?
Unlock and access historical data on people associated with Benaka 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 Benaka 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 Benaka 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.
Latest Updates, News, and FAQs on Benaka Sponge Iron
Recent activity within the organization
- Annual General Meeting
Benaka Sponge Iron Private Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records.
- Balance Sheet
Benaka Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
- Charges
A charge with Idbi Bank Limited of Rs. 33.73 Cr registered on 29 Mar 2010 with Charge ID 10216437 was modified on 07 Nov 2014.
- Director Appointment
Ankit Bhuwalka was appointed as a Director was appointed as a Director on 09 Apr 2012 & has been associated with this company since 12 years 11 months .
- Charges
A charge registered on 10 Nov 2005 via Charge ID 80049854 with State Bank Of Mysore was fully satisfied on 25 Feb 2011.
- Charges
A charge registered on 13 Aug 2004 via Charge ID 90195795 with Syndicate Bank was fully satisfied on 12 Jan 2011.
Frequently asked questions
What is the Incorporation or founding date of Benaka Sponge Iron Private Limited?
Benaka Sponge Iron Private Limited was incorporated on 13 Oct 2003.
What is authorized share capital and paid-up capital of Benaka Sponge Iron Private Limited?
The authorized share capital of Benaka Sponge Iron Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Benaka Sponge Iron Private Limited?
Currently 2 directors are associated with Benaka Sponge Iron Private Limited.
- Ajay Kumar Bhuwalka
- Ankit Bhuwalka
What is the registered address of Benaka Sponge Iron Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Benaka Sponge Iron Private Limited is 10Th Mile Old Madras Road Bandapura Village India, Bangalore, Karnataka, 560049.
What is the corporate identification number (CIN) and company number of Benaka Sponge Iron Private Limited?
The corporate identification number (CIN) of Benaka Sponge Iron Private Limited is U27102KA2003PTC032717 and the company number is 032717 as per Ministry of Corporate Affairs (MCA).
What is the official website of Benaka Sponge Iron Private Limited?
The Official website of Benaka Sponge Iron Private Limited is https://www.benakasteel.in
What has been the recent revenue trend for Benaka Sponge Iron Private Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Benaka Sponge Iron Private Limited has fallen by -100.00%.
What change has been observed in the net worth of Benaka Sponge Iron Private Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Benaka Sponge Iron Private Limited has experienced an downturn of -44.30%.
What are the total open charges for Benaka Sponge Iron Private Limited?
As per the financial statements for fiscal Year 2017, The total open charges for Benaka Sponge Iron Private Limited amount to ₹ 37.73 Cr.
When was the last Balance Sheet of Benaka Sponge Iron Private Limited filed with the ROC?
The most recent Balance Sheet for Benaka Sponge Iron Private Limited was filed with the ROC on 31 Mar 2017.
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