G.R.Sponge And Power Limited

Founded in 1996 and headquartered in Chattisgarh, India.

1996 | Raipur, Chattisgarh (India) | Active
Last Updated:

G.R.Sponge And Power Profile

Key Indicators

  • Authorised Capital ₹ 15.45 Cr
  • Paid Up Capital ₹ 11.55 Cr
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 315.53 Cr
  • Satisfied Charges ₹ 149.09 Cr
  • Revenue Growth -15.04%
  • Profit Growth -5.40%
  • Ebitda -12.80%
  • Net Worth 5.88%
  • Total Assets -19.21%

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 seven 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 is 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

Metals and Minerals
Company report

G.R.Sponge And Power Limited

Explore comprehensive data for G.R.Sponge And Power Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at G.R.Sponge And Power?

Executive Team (2)

NameDesignationAppointment DateStatus
Rameshkumar Agrawal Country flag representing In Managing Director15-Jun-2019Current
Chhaya Verma Company Secretary29-Aug-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Keshav Agrawal Country flag representing In Director 18-Mar-2009Current
Chetan Agrawal Country flag representing In Director 20-Jul-2012Current
Ranjeet Thakur Country flag representing In Director 17-Jun-2024Current
Anushree Agrawal Country flag representing In Director 30-Sep-2022Current
Kanhaiya Jain Country flag representing In Director 09-Mar-2016Current

Financial Performance of G.R.Sponge And Power.

G.R.Sponge And Power Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 15.04% decrease. The company also saw a slight decrease in profitability, with a 5.4% decrease in profit. The company's net worth moved up by a moderate rise of 5.88%.

G.R.Sponge And Power revenue growth over time
G.R.Sponge And Power 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
-15.04%
Revenue from Operations
-16.04%
Total Assets
-19.21%
Profit or Loss
-5.40%
Net Worth
5.88%
EBITDA
-12.80%

What is the Ownership and Shareholding Structure of G.R.Sponge And Power?

In 2024, G.R.Sponge And Power had a promoter holding of 100.00%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹315.53 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
22 Aug 2024Axis Bank Limited₹7.00 CrOpen
09 Aug 2023Axis Bank Limited₹3.44 MOpen
21 Jun 2023Sbicap Trustee Company Limited₹210.00 CrOpen
30 Nov 2022Axis Bank Limited₹1.98 CrOpen
11 Jan 2022Idbi Bank Limited₹1.15 CrOpen

How Many Employees Work at G.R.Sponge And Power?

G.R.Sponge And Power has a workforce of 496 employees as of Mar 06, 2025. 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.

Employee growth trends for G.R.Sponge And Power Limited

Deals i

Graph showing company valuation over time

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

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 G.R.Sponge And Power

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 86.75 Cr registered on 03 Sep 2021 with Charge ID 100486186 was modified on 25 Nov 2024.

  • Annual General Meeting

    G.R.Sponge And Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100971948 was registered on 22 Aug 2024.

  • Charges

    A charge registered on 20 Mar 2023 via Charge ID 100711401 with Others was fully satisfied on 26 Jun 2024.

  • Director Appointment

    Ranjeet Singh Thakur was appointed as a Director was appointed as a Director on 17 Jun 2024 & has been associated with this company since 9 months 26 days .

  • Balance Sheet

    G.R.Sponge And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

Frequently asked questions

  • What is the Incorporation or founding date of G.R.Sponge And Power Limited?

    G.R.Sponge And Power Limited was incorporated on 20 Aug 1996.

  • What is authorized share capital and paid-up capital of G.R.Sponge And Power Limited?

    The authorized share capital of G.R.Sponge And Power Limited is ₹ 15.45 Cr and paid-up capital is ₹ 11.55 Cr.

  • Who are the current board members & directors of G.R.Sponge And Power Limited?

    Currently 7 directors are associated with G.R.Sponge And Power Limited.

    • Rameshkumar Ganpatrai Agrawal
    • Chetan Agrawal
    • Ranjeet Singh Thakur
    • Keshav Kumar Agrawal
    • Anushree Agrawal
    • Kanhaiya Lal Jain
    • Chhaya Verma

  • What is the registered address of G.R.Sponge And Power Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of G.R.Sponge And Power Limited is Agrawal Complex Samta Colony, India, Raipur, Chattisgarh, 492001.

  • What is the corporate identification number (CIN) and company number of G.R.Sponge And Power Limited?

    The corporate identification number (CIN) of G.R.Sponge And Power Limited is U27100CT1996PLC011135 and the company number is 011135 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of G.R.Sponge And Power Limited?

    The Official website of G.R.Sponge And Power Limited is https://www.grgroupindia.com

  • What has been the recent revenue trend for G.R.Sponge And Power Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for G.R.Sponge And Power Limited has fallen by -15.04%.

  • How many employees does G.R.Sponge And Power Limited currently have?

    As Per 2024 financial reports, 496 employees are currently employed by G.R.Sponge And Power Limited.

  • What change has been observed in the net worth of G.R.Sponge And Power Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of G.R.Sponge And Power Limited has experienced an upsurge of 5.88%.

  • What are the total open charges for G.R.Sponge And Power Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for G.R.Sponge And Power Limited amount to ₹ 315.53 Cr.

  • When was the last Balance Sheet of G.R.Sponge And Power Limited filed with the ROC?

    The most recent Balance Sheet for G.R.Sponge And Power Limited was filed with the ROC on 31 Mar 2024.

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