G.R.Sponge And Power Profile
Key Indicators
- Authorised Capital ₹ 15.45 Cr
- Paid Up Capital ₹ 11.55 Cr
- Company Age 28 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 315.53 Cr
- Satisfied Charges ₹ 149.09 Cr
- Revenue Growth 86.82%
- Profit Growth 80.93%
- Ebitda 80.02%
- Net Worth 24.33%
- Total Assets 15.88%
About G.R.Sponge And Power
G.R.Sponge And Power Limited (GAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 1996 and has a history of 28 years and five months. Its registered office is in Raipur, Chattisgarh, India.
The Corporate was formerly known as G. R. Fintech Limited. 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 15.45 Cr and a paid-up capital of Rs 11.55 Cr.
The company currently has active open charges totaling ₹315.53 Cr. The company has closed loans amounting to ₹149.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at G.R.Sponge And Power Limited India are Anushree Agrawal as CFO and Chhaya Verma as Company Secretary. Rameshkumar Agrawal, Chetan Agrawal, Ranjeet Thakur, and Three other members serve as directors at the Company.
Company Details
- Location
Raipur, Chattisgarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U27100CT1996PLC011135
- Company No.
011135
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Aug 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
Who are the key members and board of directors at G.R.Sponge And Power?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rameshkumar Agrawal  | Managing Director | 15-Jun-2019 | Current |
| Anushree Agrawal | CFO | 01-Nov-2023 | Current |
| Chhaya Verma | Company Secretary | 29-Aug-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Keshav Agrawal | Director | 18-Mar-2009 | Current |
| Chetan Agrawal | Director | 20-Jul-2012 | Current |
| Ranjeet Thakur | Director | 17-Jun-2024 | Current |
| Anushree Agrawal | Director | 30-Sep-2022 | Current |
| Kanhaiya Jain | Director | 09-Mar-2016 | Current |
Financial Performance of G.R.Sponge And Power.
G.R.Sponge And Power Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 86.82% increase. The company also saw a substantial improvement in profitability, with a 80.93% increase in profit. The company's net worth Soared by an impressive increase of 24.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of G.R.Sponge And Power?
In 2022, G.R.Sponge And Power had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
G.R. Krishna Ferro Alloys Private LimitedChetan Agrawal and Keshav Agrawal are mutual person
Mahendra Sponge And Power LimitedKanhaiya Jain is a mutual person
Shree Vasu Logistics LimitedChetan Agrawal is a mutual person
Chaman Metallics LimitedRameshkumar Agrawal, Chetan Agrawal and 2 more are mutual person
C.G. Sponge Manufacturers Consortium Coa L Fields LlpRameshkumar Agrawal is a mutual person
- N.R.Sponge Private Limited
Rameshkumar Agrawal, Chetan Agrawal and 2 more are mutual person
Charges (Loans)
₹315.53 Cr
₹149.09 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 210.00 Cr
- Axis Bank Limited : 96.07 Cr
- Idbi Bank Limited : 6.40 Cr
- Others : 2.13 Cr
- Hdfc Bank Limited : 0.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2024 | Axis Bank Limited | ₹7.00 Cr | Open |
| 09 Aug 2023 | Axis Bank Limited | ₹3.44 M | Open |
| 21 Jun 2023 | Sbicap Trustee Company Limited | ₹210.00 Cr | Open |
| 30 Nov 2022 | Axis Bank Limited | ₹1.98 Cr | Open |
| 11 Jan 2022 | Idbi Bank Limited | ₹1.15 Cr | Open |
How Many Employees Work at G.R.Sponge And Power?
G.R.Sponge And Power has a workforce of 478 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of G.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 G.R.Sponge And Power'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.
