Prakash Sponge Iron And Power Private Limited

Steel manufacturing and mining company with 0.2 MMTPA production capacity.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated:

Prakash Sponge Iron And Power Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.23 Cr
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth 66.30%
  • Profit Growth -102.18%
  • Ebitda -10.30%
  • Net Worth -1.61%
  • Total Assets 18.13%

About Prakash Sponge Iron And Power

Prakash Sponge Iron And Power Private Limited (PSIAPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 2007 and has a history of 17 years and six months. Its registered office is in Bangaluru, Karnataka, 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 5.00 Cr and a paid-up capital of Rs 1.23 Cr.

The company has closed loans amounting to ₹5.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramamurthy Chandra and Samyukta Koda serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101KA2007PTC043812

  • Company No.

    043812

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Prakash Sponge Iron And Power?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramamurthy Chandra Country flag representing In Managing Director10-Feb-2014Current

Board Members (1)

NameDesignationAppointment DateStatus
Samyukta Koda Country flag representing In Director 29-Sep-2022Current

Financial Performance of Prakash Sponge Iron And Power.

Prakash Sponge Iron And Power Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 66.3% increase. The company also saw a substantial fall in profitability, with a 102.18% decrease in profit. The company's net worth dipped by a decrease of 1.61%.

Prakash Sponge Iron And Power revenue growth over time
Prakash Sponge Iron And Power 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
66.30%
Revenue from Operations
66.42%
Total Assets
18.13%
Profit or Loss
-102.18%
Net Worth
-1.61%
EBITDA
-10.30%

What is the Ownership and Shareholding Structure of Prakash Sponge Iron And Power?

In 2022, Prakash Sponge Iron And Power 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

₹0

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Feb 2009State Bank Of India₹5.00 CrSatisfied

How Many Employees Work at Prakash Sponge Iron And Power?

Prakash Sponge Iron And Power has a workforce of 115 employees as of Apr 07, 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.

Employee growth trends for Prakash Sponge Iron And Power Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prakash Sponge Iron And Power, 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 Prakash Sponge Iron And Power'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 Prakash Sponge Iron And Power

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Prakash Sponge Iron And Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Samyukta Koda was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge registered on 19 Feb 2009 via Charge ID 10146533 with State Bank Of India was fully satisfied on 10 Feb 2014.

  • Director Appointment

    Ramamurthy Praveen Chandra was appointed as a Managing Director was appointed as a Managing Director on 10 Feb 2014 & has been associated with this company since 11 years 30 days .

  • Charges

    A charge with State Bank Of India of Rs. 5.00 Cr registered on 19 Feb 2009 with Charge ID 10146533 was modified on 06 Mar 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Prakash Sponge Iron And Power Private Limited?

    Prakash Sponge Iron And Power Private Limited was incorporated on 10 Sep 2007.

  • What is authorized share capital and paid-up capital of Prakash Sponge Iron And Power Private Limited?

    The authorized share capital of Prakash Sponge Iron And Power Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.23 Cr.

  • Who are the current board members & directors of Prakash Sponge Iron And Power Private Limited?

    Currently 2 directors are associated with Prakash Sponge Iron And Power Private Limited.

    • Ramamurthy Praveen Chandra
    • Samyukta Koda

  • What is the registered address of Prakash Sponge Iron And Power Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Sponge Iron And Power Private Limited is No.4006, Erm House Banashankari 2Nd Stage K.R Road India, Bangalore South, Karnataka, 560070.

  • What is the corporate identification number (CIN) and company number of Prakash Sponge Iron And Power Private Limited?

    The corporate identification number (CIN) of Prakash Sponge Iron And Power Private Limited is U27101KA2007PTC043812 and the company number is 043812 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prakash Sponge Iron And Power Private Limited?

    The Official website of Prakash Sponge Iron And Power Private Limited is https://www.ermgroup.in

  • What has been the recent revenue trend for Prakash Sponge Iron And Power Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Prakash Sponge Iron And Power Private Limited has risen by 66.30%.

  • How many employees does Prakash Sponge Iron And Power Private Limited currently have?

    As Per 2022 financial reports, 115 employees are currently employed by Prakash Sponge Iron And Power Private Limited.

  • What change has been observed in the net worth of Prakash Sponge Iron And Power Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Prakash Sponge Iron And Power Private Limited has experienced an downturn of -1.61%.

  • When was the last Balance Sheet of Prakash Sponge Iron And Power Private Limited filed with the ROC?

    The most recent Balance Sheet for Prakash Sponge Iron And Power Private Limited was filed with the ROC on 31 Mar 2023.

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