Pawanjay Sponge Iron Limited

Steel fabricating company providing TMT services and sponge iron, with integrated plants in Rourkela.

2000 | Panposh, Orissa (India) | Active
Last Updated: June 15, 2024

Pawanjay Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 67.29 Cr
  • Company Age 25 Year, 23 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.00 Cr
  • Satisfied Charges ₹ 180.00 Cr
  • Revenue Growth -19.55%
  • Profit Growth -90.97%
  • Ebitda -34.33%
  • Net Worth 2.65%
  • Total Assets -3.96%

About Pawanjay Sponge Iron

Pawanjay Sponge Iron Limited (PSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 January 2000 and has a history of 25 years. Its registered office is in Panposh, Orissa, 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 70.00 Cr and a paid-up capital of Rs 67.29 Cr.

The company currently has active open charges totaling ₹28.00 Cr. The company has closed loans amounting to ₹180.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pawanjay Sponge Iron Limited India are Prriti Agarwwal as COMPANY SECRETARY and Sambhrant Rout as Cfo. Abhishek Patnaik, Dolly Prasad, Rahul Singhal, and One other member serve as directors at the Company.

Company Details

  • Location

    Panposh, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pawanjay.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2000PLC006060

  • Company No.

    006060

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Pawanjay Sponge Iron?

Executive Team (3)

NameDesignationAppointment DateStatus
Prriti Agarwwal Country flag representing In Company Secretary01-Mar-2021Current
Sambhrant Rout Country flag representing In CFO16-Oct-2019Current
Rishabh Agarwal Country flag representing In Managing Director27-Aug-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Abhishek Patnaik Country flag representing In Director 27-Aug-2019Current
Dolly Prasad Director 05-Mar-2024Current
Rahul Singhal Country flag representing In Director 19-Mar-2020Current

Financial Performance of Pawanjay Sponge Iron.

Pawanjay Sponge Iron Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.55% decrease. The company also saw a substantial fall in profitability, with a 90.97% decrease in profit. The company's net worth moved up by a moderate rise of 2.65%.

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
-19.55%
Revenue from Operations
-19.59%
Total Assets
-3.96%
Profit or Loss
-90.97%
Net Worth
2.65%
EBITDA
-34.33%

What is the Ownership and Shareholding Structure of Pawanjay Sponge Iron?

In 2023, Pawanjay Sponge Iron had a promoter holding of 95.70% and a public holding of 4.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.00 Cr

Satisfied Charges

₹180.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2022Others₹3.20 CrOpen
02 May 2020Others₹24.80 CrOpen
21 Jan 2013Bank Of India₹102.50 CrSatisfied
25 Jun 2012State Bank Of Travancore₹8.00 CrSatisfied
26 Mar 2012Central Bank Of India₹12.00 CrSatisfied

How Many Employees Work at Pawanjay Sponge Iron?

Pawanjay Sponge Iron has a workforce of 28 employees as of Mar 31, 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 Pawanjay 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 Pawanjay Sponge Iron'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 Pawanjay Sponge Iron

Recent activity within the organization

  • Director Appointment

    Dolly Prasad was appointed as a Director was appointed as a Director on 05 Mar 2024 & has been associated with this company since 11 months 20 days .

    05 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Pawanjay Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.20 Cr with Charge ID 100540426 was registered on 21 Jan 2022.

    21 Jan 2022

  • Charges

    A charge with Others of Rs. 24.80 Cr registered on 02 May 2020 with Charge ID 100337756 was modified on 24 Sep 2021.

    24 Sep 2021

  • Director Appointment

    Prriti Manju Agarwwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2021 & has been associated with this company since 3 years 11 months .

    01 Mar 2021

Frequently asked questions

  • Pawanjay Sponge Iron Limited was incorporated on 31 Jan 2000.

  • The authorized share capital of Pawanjay Sponge Iron Limited is ₹ 70.00 Cr and paid-up capital is ₹ 67.29 Cr.

  • Currently 6 directors are associated with Pawanjay Sponge Iron Limited.

    • Abhishek Patnaik
    • Prriti Manju Agarwwal
    • Sambhrant Rout
    • Dolly Prasad
    • Rahul Singhal
    • Rishabh Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pawanjay Sponge Iron Limited is Bijabahal Birmitrapur, Panposh, Orissa, India, 770039.

  • The corporate identification number (CIN) of Pawanjay Sponge Iron Limited is U27102OR2000PLC006060 and the company number is 006060 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pawanjay Sponge Iron Limited is https://www.pawanjay.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pawanjay Sponge Iron Limited has fallen by -19.55%.

  • As Per 2023 financial reports, 28 employees are currently employed by Pawanjay Sponge Iron Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pawanjay Sponge Iron Limited has experienced an upsurge of 2.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pawanjay Sponge Iron Limited amount to ₹ 28.00 Cr.

  • The most recent Balance Sheet for Pawanjay Sponge Iron Limited was filed with the ROC on 31 Mar 2023.

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