Ganesh Sponge Private Limited

Produces sponge iron since 2004, based in Bhubaneswar, Orissa.

2004 | Bhubaneswar, Orissa (India) | Active
Last Updated: July 16, 2024

Ganesh Sponge Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.34 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.60 Cr
  • Satisfied Charges ₹ 55.50 Cr
  • Revenue Growth 6.05%
  • Profit Growth -57.69%
  • Ebitda -31.70%
  • Net Worth 749.81%
  • Total Assets 10.79%

About Ganesh Sponge

Ganesh Sponge Private Limited (GSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 2004 and has a history of 20 years and six months. Its registered office is in Bhubaneswar, Orissa, India.

The Corporate was formerly known as Gspl Industries Private 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 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 17.34 Cr.

The company currently has active open charges totaling ₹41.60 Cr. The company has closed loans amounting to ₹55.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ganesh Sponge Private Limited India is Rakhi Jha as COMPANY SECRETARY. Arun Kedia, Surendra Dalmia, Vikaash Dalmia, and One other member serve as directors at the Company.

Company Details

  • Location

    Bhubaneswar, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2004PTC007682

  • Company No.

    007682

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

What products or services does Ganesh Sponge Private Limited offer?

Ganesh Sponge Private Limited offers a wide range of products and services, including Coal, Dolochar, Minerals and Ores, Iron Ore, Iron Ore Fines, Sedimentary Stone, Limestone.

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

Executive Team (2)

Name Designation Appointment Date Status
Vikaash Dalmia Country flag representing In Managing Director 01-Apr-2008 Current
Rakhi Jha Company Secretary 01-Dec-2022 Current

Board Members (3)

Name Designation Appointment Date Status
Arun Kedia Country flag representing In Additional Director 08-Mar-2016 Current
Surendra Dalmia Country flag representing In Director 15-May-2008 Current
Ashok Singh Country flag representing In Director 15-May-2008 Current

Financial Performance of Ganesh Sponge.

Ganesh Sponge Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.05% increase. The company also saw a substantial fall in profitability, with a 57.69% decrease in profit. The company's net worth Soared by an impressive increase of 749.81%.

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
6.05%
Revenue from Operations
6.06%
Total Assets
10.79%
Profit or Loss
-57.69%
Net Worth
749.81%
EBITDA
-31.70%

What is the Ownership and Shareholding Structure of Ganesh Sponge?

In 2023, Ganesh 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

₹41.60 Cr

Satisfied Charges

₹55.50 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 38.05 Cr
  • Indian Bank : 3.55 Cr

Latest Charge Details

Date Lender Amount Status
10 Nov 2022 Uco Bank ₹7.50 Cr Open
29 Oct 2021 Uco Bank ₹1.51 Cr Open
29 Oct 2021 Indian Bank ₹3.55 Cr Open
25 Jan 2005 Uco Bank ₹29.04 Cr Open
29 Aug 2023 Uco Bank ₹2.00 Cr Satisfied

How Many Employees Work at Ganesh Sponge?

Ganesh Sponge has a workforce of 52 employees as of Apr 07, 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 Ganesh 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 Ganesh 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 Ganesh Sponge

Recent activity within the organization

  • Charges

    A charge registered on 29 Aug 2023 via Charge ID 100773831 with Uco Bank was fully satisfied on 05 Dec 2023.

    05 Dec 2023

  • Charges

    A charge registered on 16 Jun 2023 via Charge ID 100731531 with Indian Bank was fully satisfied on 12 Oct 2023.

    12 Oct 2023

  • Annual General Meeting

    Ganesh Sponge Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Uco Bank amounted to Rs. 2.00 Cr with Charge ID 100773831 was registered on 29 Aug 2023.

    29 Aug 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 2.85 Cr with Charge ID 100731531 was registered on 16 Jun 2023.

    16 Jun 2023

  • Charges

    A charge registered on 30 Dec 2022 via Charge ID 100672421 with Indian Bank was fully satisfied on 19 May 2023.

    19 May 2023

Frequently asked questions

  • Ganesh Sponge Private Limited was incorporated on 20 Jul 2004.

  • The authorized share capital of Ganesh Sponge Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.34 Cr.

  • Currently 5 directors are associated with Ganesh Sponge Private Limited.

    • Arun Kumar Kedia
    • Surendra Kumar Dalmia
    • Vikaash Dalmia
    • Ashok Kumar Singh
    • Rakhi Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ganesh Sponge Private Limited is B-40 Sahid Nagar, Bhubaneswar, Orissa, India, 751007.

  • The corporate identification number (CIN) of Ganesh Sponge Private Limited is U27102OR2004PTC007682 and the company number is 007682 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ganesh Sponge Private Limited is https://www.ganeshsponge.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ganesh Sponge Private Limited has risen by 6.05%.

  • As Per 2023 financial reports, 52 employees are currently employed by Ganesh Sponge Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ganesh Sponge Private Limited has experienced an upsurge of 749.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ganesh Sponge Private Limited amount to ₹ 41.60 Cr.

  • The most recent Balance Sheet for Ganesh Sponge Private Limited was filed with the ROC on 31 Mar 2023.

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