Metasponge Private Limited

Manufactures and trades various types of iron and steel products.

2003 | Sundergarh, Odisha (India) | Active
Last Updated: December 21, 2024

Metasponge Profile

Key Indicators

  • Authorised Capital ₹ 12.02 Cr
  • Paid Up Capital ₹ 12.02 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.39 Cr
  • Satisfied Charges ₹ 5.30 Cr
  • Revenue Growth 26.96%
  • Profit Growth 416.14%
  • Ebitda 217.89%
  • Net Worth 25.58%
  • Total Assets 56.46%

About Metasponge

Metasponge Private Limited (MPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 2003 and has a history of 21 years and seven 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 2024. It's a company limited by shares with an authorized capital of Rs 12.02 Cr and a paid-up capital of Rs 12.02 Cr.

The company currently has active open charges totaling ₹11.39 Cr. The company has closed loans amounting to ₹5.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Metasponge Private Limited India is Rajesh Prasad as COMPANY SECRETARY. Devnarayan Sahoo, Sumit Sahoo, Priyanshu Sahoo, and Two other members 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

    U27102OR2003PTC007189

  • Company No.

    007189

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2003

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Metasponge?

Executive Team (1)

Name Designation Appointment Date Status
Rajesh Prasad Company Secretary 01-Mar-2020 Current

Board Members (5)

Name Designation Appointment Date Status
Devnarayan Sahoo Country flag representing In Director 21-Aug-2007 Current
Sumit Sahoo Country flag representing In Director 04-Jul-2011 Current
Priyanshu Sahoo Country flag representing In Director 10-Nov-2023 Current
Ankit Sahoo Country flag representing In Director 10-Nov-2023 Current
Satish Sahoo Country flag representing In Director 04-Jul-2011 Current

Financial Performance of Metasponge.

Metasponge Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.96% increase. The company also saw a substantial improvement in profitability, with a 416.14% increase in profit. The company's net worth Soared by an impressive increase of 25.58%.

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
26.96%
Revenue from Operations
26.98%
Total Assets
56.46%
Profit or Loss
416.14%
Net Worth
25.58%
EBITDA
217.89%

What is the Ownership and Shareholding Structure of Metasponge?

In 2022, Metasponge 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

₹11.39 Cr

Satisfied Charges

₹5.30 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 10.37 Cr
  • Axis Bank Limited : 1.02 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2016 Axis Bank Limited ₹1.02 Cr Open
21 Feb 2004 Uco Bank ₹10.37 Cr Open
28 May 2024 Uco Bank ₹1.95 Cr Satisfied
28 Dec 2023 Uco Bank ₹1.95 Cr Satisfied
25 Jun 2021 Hdfc Bank Limited ₹2.96 M Satisfied

How Many Employees Work at Metasponge?

Metasponge has a workforce of 36 employees as of Mar 30, 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 Metasponge, 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 Metasponge'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 Metasponge

Recent activity within the organization

  • Annual General Meeting

    Metasponge Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Charges

    A charge registered on 28 Dec 2023 via Charge ID 100849519 with Uco Bank was fully satisfied on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge registered on 28 May 2024 via Charge ID 100936319 with Uco Bank was fully satisfied on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge with Uco Bank of Rs. 10.37 Cr registered on 21 Feb 2004 with Charge ID 90080216 was modified on 04 Sep 2024.

    04 Sep 2024

  • Charges

    A charge registered on 25 Jun 2021 via Charge ID 100477532 with Hdfc Bank Limited was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with Uco Bank amounted to Rs. 1.95 Cr with Charge ID 100936319 was registered on 28 May 2024.

    28 May 2024

Frequently asked questions

  • Metasponge Private Limited was incorporated on 04 Jun 2003.

  • The authorized share capital of Metasponge Private Limited is ₹ 12.02 Cr and paid-up capital is ₹ 12.02 Cr.

  • Currently 6 directors are associated with Metasponge Private Limited.

    • Devnarayan Prasad Sahoo
    • Sumit Kumar Sahoo
    • Priyanshu Sahoo
    • Ankit Sahoo
    • Rajesh Prasad
    • Satish Kumar Sahoo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Metasponge Private Limited is Plot No.201 Kulanga Industrialestate Kalunga India, Sundargarh, Orissa, 770031.

  • The corporate identification number (CIN) of Metasponge Private Limited is U27102OR2003PTC007189 and the company number is 007189 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Metasponge Private Limited has risen by 26.96%.

  • As Per 2022 financial reports, 36 employees are currently employed by Metasponge Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Metasponge Private Limited has experienced an upsurge of 25.58%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Metasponge Private Limited amount to ₹ 11.39 Cr.

  • The most recent Balance Sheet for Metasponge Private Limited was filed with the ROC on 31 Mar 2024.

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