Benaka Sponge Iron Private Limited

Benaka Sponge Iron Private Limited

Produces 60,000 tons of sponge iron for customers in South India.
2003 | Bangalore, Karnataka (India) | Inactive

Last Updated:

May 02, 2024
HomeCompanyBenaka Sponge Iron Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ajay Bhuwalka InManaging Director01-Feb-2007Current

Board Members(1)

NameDesignationAppointment DateStatus
Ankit Bhuwalka In Director 09-Apr-2012Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹37.73 Cr

₹21.20 Cr

LenderAmountStatus

Idbi Bank Limited

Creation Date: 29 Mar 2010
₹33.73 CrOpen

Syndicate Bank

Creation Date: 28 Dec 2004
₹4.00 CrOpen

State Bank Of Mysore

Creation Date: 10 Nov 2005
₹14.20 CrSatisfied

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.

Employee Graph

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Rating

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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.

    28 Sep 2017

  • Balance Sheet

    Benaka Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.

    31 Mar 2017

  • 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.

    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 8 months .

    09 Apr 2012

  • Charges

    A charge registered on 10 Nov 2005 via Charge ID 80049854 with State Bank Of Mysore was fully satisfied on 25 Feb 2011.

    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.

    12 Jan 2011

Frequently asked questions

  • Benaka Sponge Iron Private Limited was incorporated on 13 Oct 2003.

  • The authorized share capital of Benaka Sponge Iron Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Benaka Sponge Iron Private Limited.

    • Ajay Kumar Bhuwalka
    • Ankit Bhuwalka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Benaka Sponge Iron Private Limited is 10Th Mile Old Madras Road, Bandapura Village, Bangalore, Karnataka, India, 560049.

  • 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).

  • The Official website of Benaka Sponge Iron Private Limited is https://www.benakasteel.in

  • According to the financial reports for the fiscal year 2017, the revenue trend for Benaka Sponge Iron Private Limited has fallen by -100.00%.

  • 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%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Benaka Sponge Iron Private Limited amount to ₹ 37.73 Cr.

  • The most recent Balance Sheet for Benaka Sponge Iron Private Limited was filed with the ROC on 31 Mar 2017.

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