Jagannath Sponge Private Limited

Manufactures sponge iron, billets, and various ferrous and non-ferrous castings and metals.

2003 | Sundergarh, Odisha (India) | Active
Last Updated:

Jagannath Sponge Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.05 Cr
  • Satisfied Charges ₹ 38.91 Cr
  • Revenue Growth 42.74%
  • Profit Growth 355.46%
  • Ebitda 81.59%
  • Net Worth 0.15%
  • Total Assets 0.06%

About Jagannath Sponge

Jagannath Sponge Private Limited (JSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 April 2003 and has a history of 21 years and 11 months. Its registered office is in Sundergarh, Odisha, India.

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 10.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹16.05 Cr. The company has closed loans amounting to ₹38.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jitender Grewal, Arun Gaindhar, and Charan Singh serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2003PTC007127

  • Company No.

    007127

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

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

Board Members (3)

NameDesignationAppointment DateStatus
Jitender Grewal Country flag representing In Additional Director 20-May-2022Current
Arun Gaindhar Country flag representing In Additional Director 20-May-2022Current
Charan Singh Country flag representing In Additional Director 20-May-2022Current

Financial Performance of Jagannath Sponge.

Jagannath Sponge Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 42.74% increase. The company also saw a substantial improvement in profitability, with a 355.46% increase in profit. The company's net worth moved up by a moderate rise of 0.15%.

Jagannath Sponge revenue growth over time
Jagannath Sponge 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
42.74%
Revenue from Operations
Total Assets
0.06%
Profit or Loss
355.46%
Net Worth
0.15%
EBITDA
81.59%

What is the Ownership and Shareholding Structure of Jagannath Sponge?

In 2021, Jagannath Sponge had a promoter holding of 52.78% and a public holding of 47.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.05 Cr

Satisfied Charges

₹38.91 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 15.00 Cr
  • Canara Bank : 1.05 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2011Uco Bank₹15.00 CrOpen
03 Mar 2005Canara Bank₹1.05 CrOpen
08 Aug 2009Others₹37.56 CrSatisfied
03 Mar 2004Canara Bank₹1.35 CrSatisfied

How Many Employees Work at Jagannath Sponge?

Jagannath Sponge has a workforce of 0 employees as of Apr 05, 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 Jagannath Sponge Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jagannath 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 Jagannath 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 Jagannath Sponge

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Jagannath Sponge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Charges

    A charge registered on 08 Aug 2009 via Charge ID 10173450 with Others was fully satisfied on 01 Dec 2022.

  • Director Appointment

    Jitender Singh Grewal was appointed as a Additional Director was appointed as a Additional Director on 20 May 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Arun Kumar Gaindhar was appointed as a Additional Director was appointed as a Additional Director on 20 May 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Charan Singh was appointed as a Additional Director was appointed as a Additional Director on 20 May 2022 & has been associated with this company since 2 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Jagannath Sponge Private Limited?

    Jagannath Sponge Private Limited was incorporated on 24 Apr 2003.

  • What is authorized share capital and paid-up capital of Jagannath Sponge Private Limited?

    The authorized share capital of Jagannath Sponge Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Jagannath Sponge Private Limited?

    Currently 3 directors are associated with Jagannath Sponge Private Limited.

    • Jitender Singh Grewal
    • Arun Kumar Gaindhar
    • Charan Singh

  • What is the registered address of Jagannath Sponge Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Jagannath Sponge Private Limited is C/O Arun Kumar Gaindhar Naikenbahal Kuarmunda, Sundargarh India, Biramitrapur, Orissa, 770039.

  • What is the corporate identification number (CIN) and company number of Jagannath Sponge Private Limited?

    The corporate identification number (CIN) of Jagannath Sponge Private Limited is U27102OR2003PTC007127 and the company number is 007127 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Jagannath Sponge Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Jagannath Sponge Private Limited has risen by 42.74%.

  • What change has been observed in the net worth of Jagannath Sponge Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Jagannath Sponge Private Limited has experienced an upsurge of 0.15%.

  • What are the total open charges for Jagannath Sponge Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Jagannath Sponge Private Limited amount to ₹ 16.05 Cr.

  • When was the last Balance Sheet of Jagannath Sponge Private Limited filed with the ROC?

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

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