Msp Sponge Iron Profile
Key Indicators
- Authorised Capital ₹ 37.40 Cr
- Paid Up Capital ₹ 33.23 Cr
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4,721.36 Cr
- Satisfied Charges ₹ 2,426.32 Cr
- Revenue Growth -26.85%
- Profit Growth -125.14%
- Ebitda -100.88%
- Net Worth -7.74%
- Total Assets -4.95%
About Msp Sponge Iron
Msp Sponge Iron Limited (MSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 July 1999 and has a history of 25 years and seven months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Msp Sponge Iron 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 2023. It's a company limited by shares with an authorized capital of Rs 37.40 Cr and a paid-up capital of Rs 33.23 Cr.
The company currently has active open charges totaling ₹4,721.36 Cr. The company has closed loans amounting to ₹2,426.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Msp Sponge Iron Limited India are Vasudha Agarwal as COMPANY SECRETARY and Subhash Agrawal as Cfo. Manish Agrawal, Pradip Dey, Suneeta Mohanty, and Three other members 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
U27102WB1999PLC114830
- Company No.
114830
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Jul 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Msp Sponge Iron Limited offer?
Msp Sponge Iron Limited offers a wide range of products and services, including Metal Beams, Mild Steel Beam, Metal Channels, MS Channel, TMT Bars, Cut & Bend TMT Bar, Steel Bars, Rods, Plates & Sheets, Mild Steel Bars, Brackets, Holder & Hardware Fittings, Metal Angles.
Who are the key members and board of directors at Msp Sponge Iron?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Agrawal  | Managing Director | 16-Jul-1999 | Current |
| Vasudha Agarwal | Company Secretary | Current | |
| Subhash Agrawal | CFO | 30-Mar-2015 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suneeta Mohanty | Director | 22-Aug-2020 | Current |
| Pradip Dey | Director | 16-Jul-1999 | Current |
| Prashant Pandey | Director | 19-Apr-2021 | Current |
| Aparna Kar | Director | 07-Sep-2022 | Current |
| Suresh Agrawal | Director | 10-Oct-2014 | Current |
Financial Performance of Msp Sponge Iron.
Msp Sponge Iron Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.85% decrease. The company also saw a substantial fall in profitability, with a 125.14% decrease in profit. The company's net worth dipped by a decrease of 7.74%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Msp Sponge Iron?
In 2023, Msp Sponge Iron had a promoter holding of 80.87% and a public holding of 19.13%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Howrah Gases Limited.Suneeta Mohanty, Aparna Kar and 1 more are mutual person
Msp Steel & Power LimitedManish Agrawal, Pradip Dey and 2 more are mutual person
Danta Vyapar Kendra LtdManish Agrawal and Aparna Kar are mutual person
- Msp Mines & Minerals Limited
Manish Agrawal and Pradip Dey are mutual person
- Madanpur South Coal Company Limited
Manish Agrawal is a mutual person
- Prateek Mines & Minerals Private Limited
Manish Agrawal is a mutual person
Charges (Loans)
₹4,721.36 Cr
₹2,426.32 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 4660.86 Cr
- Others : 50.00 Cr
- Hdfc Bank Limited : 9.50 Cr
- The Federal Bank Ltd. : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Others | ₹50.00 Cr | Open |
| 02 Dec 2023 | Hdfc Bank Limited | ₹9.50 Cr | Open |
| 11 Apr 2015 | State Bank Of India | ₹1,670.26 Cr | Open |
| 11 Apr 2015 | State Bank Of India | ₹1,670.26 Cr | Open |
| 06 Apr 2015 | State Bank Of India | ₹1,320.34 Cr | Open |
How Many Employees Work at Msp Sponge Iron?
Msp Sponge Iron has a workforce of 631 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Msp 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 Msp Sponge Iron's trajectory.
Rating
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
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.
