Orissa Sponge Iron And Steel Profile
Key Indicators
- Authorised Capital ₹ 250.00 Cr
- Paid Up Capital ₹ 49.79 Cr
- Company Age 45 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 151.50 Cr
- Satisfied Charges ₹ 422.14 Cr
- Revenue Growth 125.46%
- Profit Growth 53.82%
- Ebitda -33.80%
- Net Worth -252.99%
- Total Assets 68.09%
About Orissa Sponge Iron And Steel
Orissa Sponge Iron And Steel Limited (OSIASL) is a Public Limited Indian Non-Government Company incorporated in India on 09 April 1979 and has a history of 45 years and ten months. Its registered office is in Khorda, Odisha, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504864.
The Corporate was formerly known as Orissa Sponge 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 2024. It's a company limited by shares with an authorized capital of Rs 250.00 Cr and a paid-up capital of Rs 49.79 Cr.
The company currently has active open charges totaling ₹151.50 Cr. The company has closed loans amounting to ₹422.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Orissa Sponge Iron And Steel Limited India are Munir Mohanty as Cfo, Sabyasachi Mahanty as Cfo, and Suraj Thakur as Company Secretary. Prasanta Mohanty, Munir Mohanty, Dheeraj Negi, and Five other members serve as directors at the Company.
Company Details
- Location
Khorda, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L27102OR1979PLC000819
- Company No.
000819
- Stock Symbol
BSE : 504864
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Apr 1979
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Cuttack
Industry
Metals and Minerals
Energy and Power
Who are the key members and board of directors at Orissa Sponge Iron And Steel?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasanta Mohanty  | Managing Director | 23-Jun-2005 | Current |
| Munir Mohanty | CFO | 13-Feb-2015 | Current |
| Sabyasachi Mahanty | CFO | 25-Jul-2024 | Current |
| Suraj Thakur | Company Secretary | 05-Apr-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ritesh Kalra | Director | 29-Aug-2024 | Current |
| Munir Mohanty | Director | 30-Apr-2007 | Current |
| Dheeraj Negi | Director | 05-Sep-2020 | Current |
| Dibyendu Senapati | Nominee Director | 06-Jan-2020 | Current |
| Ashish Saxena | Whole-Time Director | 02-Aug-2021 | Current |
| Nitesh Agrawal | Director | 29-Sep-2023 | Current |
Financial Performance of Orissa Sponge Iron And Steel.
Orissa Sponge Iron And Steel Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 125.46% increase. The company also saw a substantial improvement in profitability, with a 53.82% increase in profit. The company's net worth observed a substantial decline by a decrease of 252.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Orissa Sponge Iron And Steel?
In 2021, Orissa Sponge Iron And Steel had a promoter holding of 26.32% and a public holding of 73.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gourmet Gateway India LimitedRitesh Kalra is a mutual person
Barista Coffee Company LimitedRitesh Kalra is a mutual person
C & C Towers LimitedRitesh Kalra is a mutual person
Nuxalbari Tea Company Private LimitedMunir Mohanty is a mutual person
Shri Krishna Prasadam LimitedEkta Sharma is a mutual person
Bilati (Orissa) Ltd.Prasanta Mohanty and Munir Mohanty are mutual person
Charges (Loans)
Open Charges
₹151.50 Cr
Satisfied Charges
₹422.14 Cr
Charges Breakdown by Lending Institutions
- Others : 150.00 Cr
- Industrial Finance Corporation Of India : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2019 | Others | ₹55.00 Cr | Open |
| 30 Nov 2018 | Others | ₹95.00 Cr | Open |
| 22 Jan 1981 | Industrial Finance Corporation Of India | ₹1.50 Cr | Open |
| 18 Feb 2012 | Bank Of India | ₹7.06 Cr | Satisfied |
| 23 Mar 2007 | Punjab National Bank | ₹18.75 Cr | Satisfied |
How Many Employees Work at Orissa Sponge Iron And Steel?
Unlock and access historical data on people associated with Orissa Sponge Iron And Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Orissa Sponge Iron And Steel, 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 Orissa Sponge Iron And Steel'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.
Latest Updates, News, and FAQs on Orissa Sponge Iron And Steel
Recent activity within the organization
- Annual General Meeting
Orissa Sponge Iron And Steel Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Director Appointment
Ritesh Kalra was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 6 months 3 days .
- Director Appointment
Sabyasachi Mahanty was appointed as a Cfo was appointed as a Cfo on 25 Jul 2024 & has been associated with this company since 7 months 7 days .
- Director Appointment
Suraj Kumar Thakur was appointed as a Company Secretary was appointed as a Company Secretary on 05 Apr 2024 & has been associated with this company since 10 months 26 days .
- Balance Sheet
Orissa Sponge Iron And Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
- Director Appointment
Nitesh Agrawal was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 5 months .
Recent News, Updates & Announcement
Orissa Sponge: Outcome of board meeting.Mr.Ankur Gupta was appointed as Company Secretary and Compliance Officer of the Company w.e.f 01.03.2017.
- Orissa Sponge Iron: Outcome of board meeting.
Orissa Sponge Iron & Steel Ltd has informed BSE about Outcome of Board Meeting held on February 18, 2017..
Frequently asked questions
What is the Incorporation or founding date of Orissa Sponge Iron And Steel Limited?
Orissa Sponge Iron And Steel Limited was incorporated on 09 Apr 1979.
What is authorized share capital and paid-up capital of Orissa Sponge Iron And Steel Limited?
The authorized share capital of Orissa Sponge Iron And Steel Limited is ₹ 250.00 Cr and paid-up capital is ₹ 49.79 Cr.
Who are the current board members & directors of Orissa Sponge Iron And Steel Limited?
Currently 11 directors are associated with Orissa Sponge Iron And Steel Limited.
- Prasanta Kumar Mohanty
- Munir Kamal Mohanty
- Dheeraj Singh Negi
- Dibyendu Kumar Senapati
- Ashish Saxena
- Ritesh Kalra
- Nitesh Agrawal
- Munir Kamal Mohanty
- Sabyasachi Mahanty
- Suraj Kumar Thakur
- Ekta Sharma
What is the registered address of Orissa Sponge Iron And Steel Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Orissa Sponge Iron And Steel Limited is Osil House Gangadhar Meher Marg Kiiti India, Bhubaneswar, Orissa, 751024.
What is the corporate identification number (CIN) and company number of Orissa Sponge Iron And Steel Limited?
The corporate identification number (CIN) of Orissa Sponge Iron And Steel Limited is L27102OR1979PLC000819 and the company number is 000819 as per Ministry of Corporate Affairs (MCA).
Is Orissa Sponge Iron And Steel Limited registered with any stock exchange in India?
Yes, Orissa Sponge Iron And Steel Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Orissa Sponge Iron And Steel Limited?
The Official website of Orissa Sponge Iron And Steel Limited is https://www.orissasponge.com
What has been the recent revenue trend for Orissa Sponge Iron And Steel Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Orissa Sponge Iron And Steel Limited has risen by 125.46%.
What change has been observed in the net worth of Orissa Sponge Iron And Steel Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Orissa Sponge Iron And Steel Limited has experienced an downturn of -252.99%.
What are the total open charges for Orissa Sponge Iron And Steel Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Orissa Sponge Iron And Steel Limited amount to ₹ 151.50 Cr.
When was the last Balance Sheet of Orissa Sponge Iron And Steel Limited filed with the ROC?
The most recent Balance Sheet for Orissa Sponge Iron And Steel Limited was filed with the ROC on 31 Mar 2024.
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