Indo Sponge Power And Steel Limited Company Logo

Indo Sponge Power And Steel Limited - Company Profile

It is a metals and minerals public limited company based in Korba, Chattisgarh, India, established in 2005.

2005 | Korba, Chattisgarh, India | Active
Last Updated:

About Indo Sponge Power And Steel Limited

Indo Sponge Power And Steel Limited, a active public limited company, was established on 09 March 2005 in Korba, Chattisgarh, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U02710CT2005PLC017418. Registered under ROC Roc Chhattisgarh. it is unlisted. It has an authorized capital of ₹17.00 Cr and a paid-up capital of ₹16.70 Cr.

Formerly known as Indo Sponge Power And Steel Private Limited. It upholds a compliant status. Employing 32 professional, Its leadership includes Rahul Agrawal (Director), Vedika Ganediwal (Director), Ankit Agrawal (Managing Director). Past directors included Surendra Nath Sharma, Sudhir Sharma, Nidhi Jain. It holds ₹5.25 Cr open charges and ₹28.03 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. 13/2, 13/3 Rajgamar Road, Vill. Jhagaraha, Korba, Chattisgarh, 495677.

Company Details

  • CIN/LLPIN

    U02710CT2005PLC017418

  • Registration Number

    017418

  • Incorporation Date

    09 March 2005

  • Authorized Capital

    ₹17.00 Cr

  • Paid-Up Capital

    ₹16.70 Cr

  • ROC Code

    Roc Chhattisgarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 16.70 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.25 Cr
  • Satisfied Charges ₹ 28.03 Cr
  • Revenue Growth -79.71%
  • Profit Growth -52.05%
  • Ebitda -176.96%
  • Net Worth -105.77%
  • Total Assets -7.24%
Company report

Indo Sponge Power And Steel Limited

Company Report FY 2025-2026

Explore comprehensive insights into Indo Sponge Power And Steel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Indo Sponge Power And Steel Limited?

Current Directors

NameDesignationAppointment DateStatus
Rahul AgrawalDirector26 Oct 2015Current
Vedika GanediwalDirector01 Sep 2020Current
Ankit AgrawalManaging Director01 Apr 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director13 Mar 2008Past
Pramod AbcsddDirector01 Dec 2015Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddChief Financial Officer-Past
Pramod AbcsddDirector01 Dec 2015Past
Pramod AbcsddDirector01 Apr 2019Past

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Financial Performance of Indo Sponge Power And Steel.

Indo Sponge Power And Steel Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.71% decrease. The company also saw a substantial fall in profitability, with a 52.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 105.77%.

Indo Sponge Power And Steel revenue growth over time
Indo Sponge Power And Steel 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
-79.71%
Revenue from Operations
-82.20%
Total Assets
-7.24%
Profit or Loss
-52.05%
Net Worth
-105.77%
EBITDA
-176.96%

What is the Ownership and Shareholding Structure of Indo Sponge Power And Steel?

In 2023, Indo Sponge Power And Steel had a promoter holding of 88.14% and a public holding of 11.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹52,500,000.00

Satisfied Charges

₹280,300,000.00

Charges Breakdown by Lending Institutions

  • Others : 5.25 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2016Others₹5.25 CrOpen
26 Mar 2008Bank Of India₹2.00 MSatisfied
26 Mar 2008Bank Of India₹8.27 CrSatisfied
26 Mar 2008Bank Of India₹5.60 MSatisfied
26 Mar 2008Bank Of India₹19.00 CrSatisfied

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How Many Employees Work at Indo Sponge Power And Steel?

Indo Sponge Power And Steel has a workforce of 32 employees as of Apr 09, 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.

Employee growth trends for Indo Sponge Power And Steel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indo Sponge Power And Steel, 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 Indo Sponge Power And Steel'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 Indo Sponge Power And Steel

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Indo Sponge Power And Steel Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Indo Sponge Power And Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh. was documented.

  • Charges

    The activity A charge with Others of Rs. 5.25 Cr registered on 27 Jan 2016 with Charge ID 10618564 was modified on 31 Aug 2024. was completed.

  • Director Appointment

    Vedika Ganediwal was appointed as a Director was appointed as a Director on 01 Sep 2020 & has been associated with this company since 5 years 3 months . was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 5.25 Cr with Charge ID 10618564 was registered on 27 Jan 2016. was recorded as a recent event.

  • Director Appointment

    The activity Rahul Agrawal was appointed as a Director was appointed as a Director on 26 Oct 2015 & has been associated with this company since 10 years 1 month . was completed.

Frequently Asked Questions

  • What is the CIN of Indo Sponge Power And Steel Limited?

    The CIN of Indo Sponge Power And Steel Limited is U02710CT2005PLC017418.

  • Where is Indo Sponge Power And Steel Limited headquartered?

    Indo Sponge Power And Steel Limited is headquartered at Plot No. 13/2, 13/3 Rajgamar Road, Vill. Jhagaraha, Korba, Chattisgarh, 495677.

  • When was Indo Sponge Power And Steel Limited incorporated?

    Indo Sponge Power And Steel Limited was incorporated on 09 March 2005.

  • Who are the current directors of Indo Sponge Power And Steel Limited?

    The current directors of Indo Sponge Power And Steel Limited are

  • What is the primary industry of Indo Sponge Power And Steel Limited?

    The primary industry of Indo Sponge Power And Steel Limited is Manufacturing.

  • Is Indo Sponge Power And Steel Limited a listed company?

    Indo Sponge Power And Steel Limited is unlisted.

  • What is the capital structure of Indo Sponge Power And Steel Limited?

    The authorized capital of Indo Sponge Power And Steel Limited is ₹17.00 Cr, and the paid-up capital is ₹16.70 Cr.

  • What is the compliance status of Indo Sponge Power And Steel Limited?

    The compliance status of Indo Sponge Power And Steel Limited is Compliant.

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