Rb Sponge Iron Private Limited

Sponge iron manufacturing and by-product production since 2004 in Orissa.

2004 | Sambalpur, Odisha (India) | Active
Last Updated: January 06, 2025

Rb Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.24 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.40 Cr
  • Revenue Growth 30.90%
  • Profit Growth 117.38%
  • Ebitda 11.25%
  • Net Worth 6.22%
  • Total Assets -2.33%

About Rb Sponge Iron

Rb Sponge Iron Private Limited (RSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 2004 and has a history of 20 years and five months. Its registered office is in Sambalpur, Odisha, 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 4.00 Cr and a paid-up capital of Rs 3.24 Cr.

The company currently has active open charges totaling ₹5.40 Cr.

Babulal Pruseth, Sundarlal Pruseth, Subham Pruseth, and One other member serve as directors at the Company.

Company Details

  • Location

    Sambalpur, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2004PTC007765

  • Company No.

    007765

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2004

  • 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 Rb Sponge Iron?

Executive Team (1)

Name Designation Appointment Date Status
Babulal Pruseth Country flag representing In Managing Director 03-Sep-2004 Current

Board Members (3)

Name Designation Appointment Date Status
Sundarlal Pruseth Country flag representing In Director 03-Sep-2004 Current
Subham Pruseth Country flag representing In Director 30-Oct-2023 Current
Giriraj Pruseth Country flag representing In Director 30-Oct-2023 Current

Financial Performance of Rb Sponge Iron.

Rb Sponge Iron Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 30.9% increase. The company also saw a substantial improvement in profitability, with a 117.38% increase in profit. The company's net worth moved up by a moderate rise of 6.22%.

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
30.90%
Revenue from Operations
30.92%
Total Assets
-2.33%
Profit or Loss
117.38%
Net Worth
6.22%
EBITDA
11.25%

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

In 2021, Rb Sponge Iron had a promoter holding of 35.78% and a public holding of 64.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • Andhra Bank : 0.20 Cr
  • Srei Equipment Finance Private Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
15 Feb 2012 Srei Equipment Finance Private Limited ₹2.00 M Open
31 Mar 2008 Andhra Bank ₹2.00 M Open
15 Mar 2005 Others ₹5.00 Cr Open

How Many Employees Work at Rb Sponge Iron?

Rb Sponge Iron has a workforce of 26 employees as of Apr 09, 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 Rb 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 Rb 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 Rb Sponge Iron

Recent activity within the organization

  • Director Appointment

    Subham Pruseth was appointed as a Director was appointed as a Director on 30 Oct 2023 & has been associated with this company since 1 year 3 months .

    30 Oct 2023

  • Director Appointment

    Giriraj Pruseth was appointed as a Director was appointed as a Director on 30 Oct 2023 & has been associated with this company since 1 year 3 months .

    30 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Rb Sponge Iron Private 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 of Rs. 5.00 Cr registered on 15 Mar 2005 with Charge ID 90081373 was modified on 10 Sep 2019.

    10 Sep 2019

  • Charges

    A charge with Srei Equipment Finance Private Limited amounted to Rs. 0.20 Cr with Charge ID 10340959 was registered on 15 Feb 2012.

    15 Feb 2012

Frequently asked questions

  • Rb Sponge Iron Private Limited was incorporated on 03 Sep 2004.

  • The authorized share capital of Rb Sponge Iron Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.24 Cr.

  • Currently 4 directors are associated with Rb Sponge Iron Private Limited.

    • Babulal Pruseth
    • Sundarlal Pruseth
    • Subham Pruseth
    • Giriraj Pruseth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rb Sponge Iron Private Limited is At- Kenghatijayantpur India, Sambalpur, Orissa, 768112.

  • The corporate identification number (CIN) of Rb Sponge Iron Private Limited is U27102OR2004PTC007765 and the company number is 007765 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Rb Sponge Iron Private Limited has risen by 30.90%.

  • As Per 2021 financial reports, 26 employees are currently employed by Rb Sponge Iron Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Rb Sponge Iron Private Limited has experienced an upsurge of 6.22%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Rb Sponge Iron Private Limited amount to ₹ 5.40 Cr.

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