Indo Sponge Power And Steel Limited
Sponge iron manufacturing company with registered office in Chattisgarh.
2005 | Korba, Chattisgarh (India) | Active
Indo Sponge Power And Steel Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 16.70 Cr
- Company Age 20 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.25 Cr
- Satisfied Charges ₹ 28.03 Cr
- Revenue Growth -89.04%
- Profit Growth -398.48%
- Ebitda -86.94%
- Net Worth -228.56%
- Total Assets -10.97%
About Indo Sponge Power And Steel
Indo Sponge Power And Steel Limited (ISPASL) is a Public Limited Indian Non-Government Company incorporated in India on 09 March 2005 and has a history of 20 years and one month. Its registered office is in Korba, Chattisgarh, India.
The Corporate was formerly known as Indo Sponge Power And Steel 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 2024. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 16.70 Cr.
The company currently has active open charges totaling ₹5.25 Cr. The company has closed loans amounting to ₹28.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ankit Agrawal, Rahul Agrawal, and Vedika Ganediwal serve as directors at the Company.
Company Details
- Location
Korba, Chattisgarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U02710CT2005PLC017418
- Company No.
017418
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Mar 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
Metals and Minerals
Indo Sponge Power And Steel Limited
Explore comprehensive data for Indo Sponge Power And Steel Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Indo Sponge Power And Steel?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankit Agrawal  | Managing Director | 01-Apr-2015 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Agrawal | Director | 26-Oct-2015 | Current |
| Vedika Ganediwal | Director | 01-Sep-2020 | Current |
Financial Performance of Indo Sponge Power And Steel.
Indo Sponge Power And Steel Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 89.04% decrease. The company also saw a substantial fall in profitability, with a 398.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 228.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indo Sponge Power And Steel?
In 2022, 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.
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Ankit Agrawal is a mutual person
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Ankit Agrawal is a mutual person
- Liberson Commotrade Private Limited
Ankit Agrawal is a mutual person
- Sujay Fiscal Pvt.Ltd.
Ankit Agrawal is a mutual person
- Techno Youth India Private Limited
Ankit Agrawal is a mutual person
Charges (Loans)
Open Charges
₹5.25 Cr
Satisfied Charges
₹28.03 Cr
Charges Breakdown by Lending Institutions
- Others : 5.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2016 | Others | ₹5.25 Cr | Open |
| 26 Mar 2008 | Bank Of India | ₹19.00 Cr | Satisfied |
| 26 Mar 2008 | Bank Of India | ₹5.60 M | Satisfied |
| 26 Mar 2008 | Bank Of India | ₹2.00 M | Satisfied |
| 26 Mar 2008 | Bank Of India | ₹8.27 Cr | Satisfied |
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.
Deals i
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
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.
Latest Updates, News, and FAQs on Indo Sponge Power And Steel
Recent activity within the organization
- Annual General Meeting
Indo Sponge Power And Steel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 5.25 Cr registered on 27 Jan 2016 with Charge ID 10618564 was modified on 31 Aug 2024.
- Balance Sheet
Indo Sponge Power And Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
- 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 4 years 8 months .
- Charges
A charge with Others amounted to Rs. 5.25 Cr with Charge ID 10618564 was registered on 27 Jan 2016.
- Director Appointment
Rahul Agrawal was appointed as a Director was appointed as a Director on 26 Oct 2015 & has been associated with this company since 9 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Indo Sponge Power And Steel Limited?
Indo Sponge Power And Steel Limited was incorporated on 09 Mar 2005.
What is authorized share capital and paid-up capital of Indo Sponge Power And Steel Limited?
The authorized share capital of Indo Sponge Power And Steel Limited is ₹ 17.00 Cr and paid-up capital is ₹ 16.70 Cr.
Who are the current board members & directors of Indo Sponge Power And Steel Limited?
Currently 3 directors are associated with Indo Sponge Power And Steel Limited.
- Ankit Agrawal
- Rahul Agrawal
- Vedika Ganediwal
What is the registered address of Indo Sponge Power And Steel Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indo Sponge Power And Steel Limited is Plot No. 13/2 13/3 Rajgamar Road, Vill. Jhagaraha India, Korba, Chattisgarh, 495677.
What is the corporate identification number (CIN) and company number of Indo Sponge Power And Steel Limited?
The corporate identification number (CIN) of Indo Sponge Power And Steel Limited is U02710CT2005PLC017418 and the company number is 017418 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Indo Sponge Power And Steel Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Indo Sponge Power And Steel Limited has fallen by -89.04%.
How many employees does Indo Sponge Power And Steel Limited currently have?
As Per 2022 financial reports, 32 employees are currently employed by Indo Sponge Power And Steel Limited.
What change has been observed in the net worth of Indo Sponge Power And Steel Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Indo Sponge Power And Steel Limited has experienced an downturn of -228.56%.
What are the total open charges for Indo Sponge Power And Steel Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Indo Sponge Power And Steel Limited amount to ₹ 5.25 Cr.
When was the last Balance Sheet of Indo Sponge Power And Steel Limited filed with the ROC?
The most recent Balance Sheet for Indo Sponge Power And Steel Limited was filed with the ROC on 31 Mar 2024.
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