K B Sponge Iron Limited

Produces and sells non-alloy steel ingots through manufacturing unit with captive power plant.

2002 | Kolkata, West Bengal (India) | Active
Last Updated: November 17, 2024

K B Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.07 Cr
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 16.32 Cr
  • Satisfied Charges ₹ 19.34 Cr
  • Revenue Growth 3.20%
  • Profit Growth -7.98%
  • Ebitda 8.55%
  • Net Worth 12.59%
  • Total Assets 10.44%

About K B Sponge Iron

K B Sponge Iron Limited (KBSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 April 2002 and has a history of 22 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as K B Spong 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 3.00 Cr and a paid-up capital of Rs 2.07 Cr.

The company currently has active open charges totaling ₹16.32 Cr. The company has closed loans amounting to ₹19.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aditya Kejriwal, Vishal Kejriwal, and Ramesh Kejriwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102WB2002PLC094456

  • Company No.

    094456

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Aditya Kejriwal Country flag representing In Director 04-Apr-2002 Current
Vishal Kejriwal Country flag representing In Director 04-Apr-2002 Current
Ramesh Kejriwal Country flag representing In Director 04-Apr-2002 Current

Financial Performance of K B Sponge Iron.

K B Sponge Iron Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.2% increase. The company also saw a slight decrease in profitability, with a 7.98% decrease in profit. The company's net worth Soared by an impressive increase of 12.59%.

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
3.20%
Revenue from Operations
3.24%
Total Assets
10.44%
Profit or Loss
-7.98%
Net Worth
12.59%
EBITDA
8.55%

What is the Ownership and Shareholding Structure of K B Sponge Iron?

In 2023, K B Sponge Iron had a promoter holding of 71.03% and a public holding of 28.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.32 Cr

Satisfied Charges

₹19.34 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.32 Cr

Latest Charge Details

Date Lender Amount Status
15 Jan 2022 Hdfc Bank Limited ₹16.32 Cr Open
28 Sep 2022 Sidbi ₹1.00 Cr Satisfied
25 Mar 2022 Sidbi ₹2.87 M Satisfied
15 Jul 2020 Sidbi ₹5.74 M Satisfied
13 Sep 2019 Sidbi ₹2.98 Cr Satisfied

How Many Employees Work at K B Sponge Iron?

K B Sponge Iron has a workforce of 48 employees as of Nov 17, 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 K B 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 K B 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 K B Sponge Iron

Recent activity within the organization

  • Charges

    A charge registered on 28 Sep 2022 via Charge ID 100618275 with Sidbi was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge registered on 25 Mar 2022 via Charge ID 100550391 with Sidbi was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge registered on 15 Jul 2020 via Charge ID 100349138 with Sidbi was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge registered on 13 Sep 2019 via Charge ID 100289154 with Sidbi was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    K B Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

Frequently asked questions

  • K B Sponge Iron Limited was incorporated on 04 Apr 2002.

  • The authorized share capital of K B Sponge Iron Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.07 Cr.

  • Currently 3 directors are associated with K B Sponge Iron Limited.

    • Aditya Kejriwal
    • Vishal Kejriwal
    • Ramesh Kumar Kejriwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of K B Sponge Iron Limited is 6-Lyons Range 4Th Floor, Unit No-2 India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of K B Sponge Iron Limited is U27102WB2002PLC094456 and the company number is 094456 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for K B Sponge Iron Limited has risen by 3.20%.

  • As Per 2023 financial reports, 48 employees are currently employed by K B Sponge Iron Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of K B Sponge Iron Limited has experienced an upsurge of 12.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for K B Sponge Iron Limited amount to ₹ 16.32 Cr.

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

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