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 ₹ 65000000.0 and paid-up capital is ₹ 50000000.0.

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 And 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 ₹ 377305000.0.

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.

Benaka Sponge Iron Private Limited

Benaka Sponge Iron Profile

Key Indicators

Authorised Capital ₹ 6.50 Cr as on 16-01-2025
Paid Up Capital ₹ 5.00 Cr as on 16-01-2025
Company Age 21 Year, 3 Months
Last Filing with ROC 31 Mar 2017
Open Charges ₹ 37.73 Cr as on 16-01-2025
Satisfied Charges ₹ 21.20 Cr as on 16-01-2025
Revenue Growth -100.00% (FY 2017)
Profit Growth 51.58% (FY 2017)
Ebitda 92.19% (FY 2017)
Net Worth -44.30% (FY 2017)
Total Assets -44.72% (FY 2017)

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, 3 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

benakasteel.in
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

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%.

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

-100.00%

Revenue from Operations

Total Assets

-44.72%

Profit or Loss

51.58%

Net Worth

-44.30%

EBITDA

92.19%

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.

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

Graph showing company valuation over time

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.

Benaka Sponge Iron Private Limited