Ganpati Sponge Iron Private Limited

Manufactures MS billets and re-rolled products with a capacity of 75,000 MT.

1989 | Raipur, Chattisgarh (India) | Active
Last Updated: November 16, 2024

Ganpati Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.56 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 913.17 Cr
  • Satisfied Charges ₹ 380.54 Cr
  • Revenue Growth 29.75%
  • Profit Growth 154.68%
  • Ebitda 23.11%
  • Net Worth 49.17%
  • Total Assets 61.77%

About Ganpati Sponge Iron

Ganpati Sponge Iron Private Limited (GSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 August 1989 and has a history of 35 years and five months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Ganpati Sponge Iron 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 5.00 Cr and a paid-up capital of Rs 4.56 Cr.

The company currently has active open charges totaling ₹913.17 Cr. The company has closed loans amounting to ₹380.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Archana Goyal, Brijesh Tripathi, and Ashish Goyal 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

    U27102CT1989PTC005413

  • Company No.

    005413

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Archana Goyal Country flag representing In Director 21-Sep-2024 Current
Brijesh Tripathi Whole-Time Director 08-Nov-2024 Current
Ashish Goyal Country flag representing In Director 01-Apr-2024 Current

Financial Performance of Ganpati Sponge Iron.

Ganpati Sponge Iron Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.75% increase. The company also saw a substantial improvement in profitability, with a 154.68% increase in profit. The company's net worth Soared by an impressive increase of 49.17%.

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
29.75%
Revenue from Operations
29.65%
Total Assets
61.77%
Profit or Loss
154.68%
Net Worth
49.17%
EBITDA
23.11%

What is the Ownership and Shareholding Structure of Ganpati Sponge Iron?

In 2023, Ganpati Sponge Iron had a promoter holding of 38.41% and a public holding of 61.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹913.17 Cr

Satisfied Charges

₹380.54 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 633.16 Cr
  • Hdfc Bank Limited : 195.74 Cr
  • Axis Bank Limited : 84.27 Cr

Latest Charge Details

Date Lender Amount Status
05 Feb 2024 Hdfc Bank Limited ₹5.00 Cr Open
07 Jun 2022 Hdfc Bank Limited ₹3.64 M Open
07 May 2022 Hdfc Bank Limited ₹2.83 M Open
27 Apr 2022 Hdfc Bank Limited ₹4.93 Cr Open
04 Mar 2022 Axis Bank Limited ₹84.27 Cr Open

How Many Employees Work at Ganpati Sponge Iron?

Ganpati Sponge Iron has a workforce of 157 employees as of Apr 03, 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 Ganpati Sponge Iron, 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 Ganpati Sponge Iron'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 Ganpati Sponge Iron

Recent activity within the organization

  • Director Appointment

    Brijesh Kumar Tripathi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Nov 2024 & has been associated with this company since 2 months 25 days .

    08 Nov 2024

  • Director Appointment

    Archana Goyal was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 4 months 12 days .

    21 Sep 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 633.16 Cr registered on 28 Sep 2021 with Charge ID 100491998 was modified on 08 Aug 2024.

    08 Aug 2024

  • Charges

    A charge registered on 24 Feb 2023 via Charge ID 100688452 with State Bank Of India was fully satisfied on 02 May 2024.

    02 May 2024

  • Director Appointment

    Ashish Goyal was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 1 day .

    01 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100863388 was registered on 05 Feb 2024.

    05 Feb 2024

Frequently asked questions

  • Ganpati Sponge Iron Private Limited was incorporated on 09 Aug 1989.

  • The authorized share capital of Ganpati Sponge Iron Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.56 Cr.

  • Currently 3 directors are associated with Ganpati Sponge Iron Private Limited.

    • Archana Goyal
    • Brijesh Kumar Tripathi
    • Ashish Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ganpati Sponge Iron Private Limited is Office No. 501, 5Th Floor Harshit Corporate Amanaka G. E. Road India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Ganpati Sponge Iron Private Limited is U27102CT1989PTC005413 and the company number is 005413 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ganpati Sponge Iron Private Limited has risen by 29.75%.

  • As Per 2023 financial reports, 157 employees are currently employed by Ganpati Sponge Iron Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ganpati Sponge Iron Private Limited has experienced an upsurge of 49.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ganpati Sponge Iron Private Limited amount to ₹ 913.17 Cr.

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

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