Mahendra Sponge And Power Limited

Manufactures sponge iron, billet, and re-rolled products with integrated steel facility.

2002 | Raipur, Chattisgarh (India) | Active
Last Updated: January 09, 2025

Mahendra Sponge And Power Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 17.51 Cr
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,269.31 Cr
  • Satisfied Charges ₹ 236.47 Cr
  • Revenue Growth -19.87%
  • Profit Growth -10.09%
  • Ebitda 5.42%
  • Net Worth 15.61%
  • Total Assets -0.23%

About Mahendra Sponge And Power

Mahendra Sponge And Power Limited (MSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 2002 and has a history of 22 years and seven months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Mahendra Sponge And Power 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 25.00 Cr and a paid-up capital of Rs 17.51 Cr.

The company currently has active open charges totaling ₹1,269.31 Cr. The company has closed loans amounting to ₹236.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahendra Sponge And Power Limited India are Kamlesh Ghosh as CFO and Manish Bhattacharya as Company Secretary. Deepesh Agrawal, Manoj Agrawal, Vivek Swamy, and Four other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahendragroup.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102CT2002PLC015176

  • Company No.

    015176

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Mahendra Sponge And Power Limited offer?

Mahendra Sponge And Power Limited offers a wide range of products and services, including Steel Bars, Rods, Plates & Sheets, Mild Steel Bars, Cooling Tower, Heat Exchanger, Parts, Heat Recovery System, Steel & Stainless Steel Products, Steel Products.

Who are the key members and board of directors at Mahendra Sponge And Power?

Executive Team (3)

NameDesignationAppointment DateStatus
Manoj Agrawal Country flag representing In Managing Director23-Jul-2002Current
Kamlesh Ghosh Country flag representing In CFO30-Sep-2019Current
Manish Bhattacharya Country flag representing In Company Secretary30-Nov-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Deepesh Agrawal Country flag representing In Director 23-Jul-2002Current
Vivek Swamy Country flag representing In Director 18-Jan-2022Current
Munish Mahajan Country flag representing In Whole-Time Director 16-Jun-2011Current
Kamlesh Ghosh Country flag representing In Whole-Time Director and Cfo 15-May-2014Current
Kanhaiya Jain Country flag representing In Director 30-Sep-2016Current
Manish Bhattacharya Country flag representing In Director and Company Secretary 04-Nov-2020Current

Financial Performance of Mahendra Sponge And Power.

Mahendra Sponge And Power Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.87% decrease. The company also saw a substantial fall in profitability, with a 10.09% decrease in profit. The company's net worth Soared by an impressive increase of 15.61%.

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
-19.87%
Revenue from Operations
-19.45%
Total Assets
-0.23%
Profit or Loss
-10.09%
Net Worth
15.61%
EBITDA
5.42%

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

In 2021, Mahendra Sponge And Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,269.31 Cr

Satisfied Charges

₹236.47 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 682.18 Cr
  • State Bank Of India : 410.97 Cr
  • Hdfc Bank Limited : 172.73 Cr
  • Others : 3.43 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2024Sbicap Trustee Company Limited₹215.66 CrOpen
20 May 2024Sbicap Trustee Company Limited₹466.52 CrOpen
11 Jul 2023Hdfc Bank Limited₹40.00 CrOpen
11 Nov 2022State Bank Of India₹210.00 CrOpen
16 Feb 2022Hdfc Bank Limited₹10.25 CrOpen

How Many Employees Work at Mahendra Sponge And Power?

Mahendra Sponge And Power has a workforce of 474 employees as of Mar 22, 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 Mahendra Sponge And Power, 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 Mahendra Sponge And Power'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 Mahendra Sponge And Power

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 80.00 Cr registered on 06 Sep 2017 with Charge ID 100132711 was modified on 21 Nov 2024.

    21 Nov 2024

  • Annual General Meeting

    Mahendra Sponge And Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 07 Feb 2024 via Charge ID 100863720 with Axis Bank Limited was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 14 Aug 2023 via Charge ID 100760593 with Yes Bank Limited was fully satisfied on 03 Jul 2024.

    03 Jul 2024

  • Charges

    A charge registered on 14 Sep 2021 via Charge ID 100481996 with Others was fully satisfied on 30 May 2024.

    30 May 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 215.66 Cr with Charge ID 100927394 was registered on 20 May 2024.

    20 May 2024

Frequently asked questions

  • Mahendra Sponge And Power Limited was incorporated on 23 Jul 2002.

  • The authorized share capital of Mahendra Sponge And Power Limited is ₹ 25.00 Cr and paid-up capital is ₹ 17.51 Cr.

  • Currently 9 directors are associated with Mahendra Sponge And Power Limited.

    • Deepesh Agrawal
    • Manoj Kumar Agrawal
    • Vivek Swamy
    • Munish Kumar Mahajan
    • Kamlesh Ghosh
    • Kanhaiya Lal Jain
    • Manish Bhattacharya
    • Kamlesh Ghosh
    • Manish Bhattacharya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahendra Sponge And Power Limited is Maruti Business Park A Block 2Nd Floor Near Dhuppar Petrol Pump G.E. Road, India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Mahendra Sponge And Power Limited is U27102CT2002PLC015176 and the company number is 015176 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahendra Sponge And Power Limited is https://www.mahendragroup.net

  • According to the financial reports for the fiscal year 2021, the revenue trend for Mahendra Sponge And Power Limited has fallen by -19.87%.

  • As Per 2021 financial reports, 474 employees are currently employed by Mahendra Sponge And Power Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mahendra Sponge And Power Limited has experienced an upsurge of 15.61%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mahendra Sponge And Power Limited amount to ₹ 1,269.31 Cr.

  • The most recent Balance Sheet for Mahendra Sponge And Power Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing