Mb Sponge & Power Limited

Manufactures sponge iron with 60,000 MTPA capacity, promoted by Shri Shankarlal Agarwal.

2004 | Kolkata, West Bengal (India) | Active
Last Updated:

Mb Sponge & Power Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.03 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 187.13 Cr
  • Satisfied Charges ₹ 5.30 M
  • Revenue Growth 18.64%
  • Profit Growth 36.72%
  • Ebitda 35.01%
  • Net Worth 36.35%
  • Total Assets 8.29%

About Mb Sponge & Power

Mb Sponge & Power Limited (MSPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 September 2004 and has a history of 20 years and seven months. Its registered office is in Kolkata, West Bengal, 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 6.03 Cr.

The company currently has active open charges totaling ₹187.13 Cr. The company has closed loans amounting to ₹5.30 M, as per Ministry of Corporate Affairs (MCA) records.

Pawan Agarwal, Ritesh Agrawal, and Shankar Agrawal 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

    U27102WB2004PLC099733

  • Company No.

    099733

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Company report

Mb Sponge & Power Limited

Explore comprehensive data for Mb Sponge & Power Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mb Sponge & Power?

Board Members (3)

NameDesignationAppointment DateStatus
Pawan Agarwal Country flag representing In Director 10-Sep-2004Current
Ritesh Agrawal Country flag representing In Director 10-Sep-2004Current
Shankar Agrawal Country flag representing In Director 10-Sep-2004Current

Financial Performance of Mb Sponge & Power.

Mb Sponge & Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.64% increase. The company also saw a substantial improvement in profitability, with a 36.72% increase in profit. The company's net worth Soared by an impressive increase of 36.35%.

Mb Sponge & Power revenue growth over time
Mb Sponge & Power 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
18.64%
Revenue from Operations
18.63%
Total Assets
8.29%
Profit or Loss
36.72%
Net Worth
36.35%
EBITDA
35.01%

What is the Ownership and Shareholding Structure of Mb Sponge & Power?

In 2023, Mb Sponge & Power had a promoter holding of 22.14% and a public holding of 77.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹187.13 Cr

Satisfied Charges

₹0.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 186.87 Cr
  • Ge Capital Transportation Financial Services Ltd : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2023Others₹164.00 CrOpen
30 Jun 2007Ge Capital Transportation Financial Services Ltd₹2.55 MOpen
22 Mar 2006Others₹22.87 CrOpen
11 Jan 2021Hdfc Bank Limited₹3.50 MSatisfied
03 Jun 2015Srei Equipment Finance Limited₹1.80 MSatisfied

How Many Employees Work at Mb Sponge & Power?

Unlock and access historical data on people associated with Mb Sponge & Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mb Sponge & Power Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mb Sponge & 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 Mb Sponge & 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 Mb Sponge & Power

Recent activity within the organization

  • Charges

    A charge registered on 11 Jan 2021 via Charge ID 100472983 with Hdfc Bank Limited was fully satisfied on 16 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 164.00 Cr with Charge ID 100834145 was registered on 01 Dec 2023.

  • Annual General Meeting

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

  • Balance Sheet

    Mb Sponge & Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge registered on 03 Jun 2015 via Charge ID 10576361 with Srei Equipment Finance Limited was fully satisfied on 30 May 2022.

  • Charges

    A charge with Others of Rs. 22.87 Cr registered on 22 Mar 2006 with Charge ID 80051045 was modified on 13 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Mb Sponge & Power Limited?

    Mb Sponge & Power Limited was incorporated on 10 Sep 2004.

  • What is authorized share capital and paid-up capital of Mb Sponge & Power Limited?

    The authorized share capital of Mb Sponge & Power Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.03 Cr.

  • Who are the current board members & directors of Mb Sponge & Power Limited?

    Currently 3 directors are associated with Mb Sponge & Power Limited.

    • Pawan Kumar Agarwal
    • Ritesh Kumar Agrawal
    • Shankar Lal Agrawal

  • What is the registered address of Mb Sponge & Power Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mb Sponge & Power Limited is 21 Hemant Basu Saraniroom No 428 4Th Floor India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Mb Sponge & Power Limited?

    The corporate identification number (CIN) of Mb Sponge & Power Limited is U27102WB2004PLC099733 and the company number is 099733 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mb Sponge & Power Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mb Sponge & Power Limited has risen by 18.64%.

  • What change has been observed in the net worth of Mb Sponge & Power Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mb Sponge & Power Limited has experienced an upsurge of 36.35%.

  • What are the total open charges for Mb Sponge & Power Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mb Sponge & Power Limited amount to ₹ 187.13 Cr.

  • When was the last Balance Sheet of Mb Sponge & Power Limited filed with the ROC?

    The most recent Balance Sheet for Mb Sponge & Power Limited was filed with the ROC on 31 Mar 2023.

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