Orissa Sponge Iron And Steel Limited

Founded in 1979 and headquartered in Orissa, India.

1979 | Khorda, Odisha (India) | Active
Last Updated: December 10, 2024

Orissa Sponge Iron And Steel Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 49.79 Cr
  • Company Age 45 Year, 9 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 nine 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
  • 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)

NameDesignationAppointment DateStatus
Prasanta Mohanty Country flag representing In Managing Director23-Jun-2005Current
Munir Mohanty Country flag representing In CFO13-Feb-2015Current
Sabyasachi Mahanty CFO25-Jul-2024Current
Suraj Thakur Company Secretary05-Apr-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Ritesh Kalra Country flag representing In Director 29-Aug-2024Current
Munir Mohanty Country flag representing In Director 30-Apr-2007Current
Dheeraj Negi Country flag representing In Director 05-Sep-2020Current
Dibyendu Senapati Country flag representing In Nominee Director 06-Jan-2020Current
Ashish Saxena Country flag representing In Whole-Time Director 02-Aug-2021Current
Nitesh Agrawal Country flag representing In Director 29-Sep-2023Current

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%.

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
125.46%
Revenue from Operations
Total Assets
68.09%
Profit or Loss
53.82%
Net Worth
-252.99%
EBITDA
-33.80%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
23 Dec 2019Others₹55.00 CrOpen
30 Nov 2018Others₹95.00 CrOpen
22 Jan 1981Industrial Finance Corporation Of India₹1.50 CrOpen
18 Feb 2012Bank Of India₹7.06 CrSatisfied
23 Mar 2007Punjab National Bank₹18.75 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    28 Sep 2024

  • 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 5 months 3 days .

    29 Aug 2024

  • 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 6 months 8 days .

    25 Jul 2024

  • 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 9 months 27 days .

    05 Apr 2024

  • Balance Sheet

    Orissa Sponge Iron And Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • 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 4 months .

    29 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Orissa Sponge Iron And Steel Limited was incorporated on 09 Apr 1979.

  • The authorized share capital of Orissa Sponge Iron And Steel Limited is ₹ 250.00 Cr and paid-up capital is ₹ 49.79 Cr.

  • 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
  • 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.

  • 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).

  • Yes, Orissa Sponge Iron And Steel Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Orissa Sponge Iron And Steel Limited is https://www.orissasponge.com

  • 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%.

  • 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%.

  • 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.

  • 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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