B.S. Sponge Private Limited

Produces sponge iron with 1,50,000 MTPA capacity at Raigarh manufacturing unit.

2000 | Kolkata, West Bengal (India) | Active
Last Updated: December 18, 2024

B.S. Sponge Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 5.37 Cr
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 821.69 Cr
  • Satisfied Charges ₹ 823.66 Cr
  • Revenue Growth 34.43%
  • Profit Growth 25.35%
  • Ebitda 35.78%
  • Net Worth 33.18%
  • Total Assets 41.18%

About B.S. Sponge

B.S. Sponge Private Limited (BSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 2000 and has a history of 24 years and eight months. Its registered office is in Kolkata, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 5.37 Cr.

The company currently has active open charges totaling ₹821.69 Cr. The company has closed loans amounting to ₹823.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parmanand Agarwal, Ashish Agarwal, and Bijay Agarwal 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

    U27102WB2000PTC091975

  • Company No.

    091975

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at B.S. Sponge?

Board Members (3)

NameDesignationAppointment DateStatus
Parmanand Agarwal Country flag representing In Director 12-Jun-2000Current
Ashish Agarwal Country flag representing In Director 09-Feb-2004Current
Bijay Agarwal Country flag representing In Director 30-Apr-2021Current

Financial Performance of B.S. Sponge.

B.S. Sponge Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.43% increase. The company also saw a substantial improvement in profitability, with a 25.35% increase in profit. The company's net worth Soared by an impressive increase of 33.18%.

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
34.43%
Revenue from Operations
34.43%
Total Assets
41.18%
Profit or Loss
25.35%
Net Worth
33.18%
EBITDA
35.78%

What is the Ownership and Shareholding Structure of B.S. Sponge?

In 2023, B.S. Sponge 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

₹821.69 Cr

Satisfied Charges

₹823.66 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 779.04 Cr
  • Axis Bank Limited : 24.00 Cr
  • State Bank Of India : 11.00 Cr
  • Hdfc Bank Limited : 7.00 Cr
  • Others : 0.65 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2024Axis Bank Limited₹24.00 CrOpen
26 Jun 2024Hdfc Bank Limited₹6.90 MOpen
24 Jun 2024Hdfc Bank Limited₹7.30 MOpen
06 Apr 2024State Bank Of India₹11.00 CrOpen
30 Mar 2024Hdfc Bank Limited₹1.09 CrOpen

How Many Employees Work at B.S. Sponge?

B.S. Sponge has a workforce of 939 employees as of Apr 04, 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 B.S. Sponge, 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.S. Sponge'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.S. Sponge

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 779.04 Cr registered on 11 Nov 2019 with Charge ID 100302539 was modified on 19 Nov 2024.

    19 Nov 2024

  • Annual General Meeting

    B.S. Sponge Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 11 Jul 2023 via Charge ID 100782356 with Hdfc Bank Limited was fully satisfied on 21 Sep 2024.

    21 Sep 2024

  • Charges

    A charge registered on 29 Jun 2023 via Charge ID 100782321 with Hdfc Bank Limited was fully satisfied on 21 Sep 2024.

    21 Sep 2024

  • Charges

    A charge registered on 25 Apr 2023 via Charge ID 100724028 with Hdfc Bank Limited was fully satisfied on 21 Sep 2024.

    21 Sep 2024

  • Charges

    A charge registered on 18 Apr 2023 via Charge ID 100725111 with Hdfc Bank Limited was fully satisfied on 21 Sep 2024.

    21 Sep 2024

Frequently asked questions

  • B.S. Sponge Private Limited was incorporated on 12 Jun 2000.

  • The authorized share capital of B.S. Sponge Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 5.37 Cr.

  • Currently 3 directors are associated with B.S. Sponge Private Limited.

    • Parmanand Agarwal
    • Ashish Agarwal
    • Bijay Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of B.S. Sponge Private Limited is 34A Metcalfe Street 2Nd Floor Room No.2C/3, India, Kolkata, West Bengal, 700013.

  • The corporate identification number (CIN) of B.S. Sponge Private Limited is U27102WB2000PTC091975 and the company number is 091975 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for B.S. Sponge Private Limited has risen by 34.43%.

  • As Per 2022 financial reports, 939 employees are currently employed by B.S. Sponge Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of B.S. Sponge Private Limited has experienced an upsurge of 33.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for B.S. Sponge Private Limited amount to ₹ 821.69 Cr.

  • The most recent Balance Sheet for B.S. Sponge Private Limited was filed with the ROC on 31 Mar 2024.

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