Rishabh Sponge Limited

Produces 300 tonnes of sponge iron daily, managed by Bhansali and Jain, part of Goyal Group.

2002 | Kolkata, West Bengal (India) | Active
Last Updated:

Rishabh Sponge Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.77 Cr
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 20.48 Cr
  • Revenue Growth -6.44%
  • Profit Growth -12.31%
  • Ebitda -18.27%
  • Net Worth 12.00%
  • Total Assets -31.43%

About Rishabh Sponge

Rishabh Sponge Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 September 2002 and has a history of 22 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Rishabh Sponge Private 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 3.00 Cr and a paid-up capital of Rs 1.77 Cr.

The company has closed loans amounting to ₹20.48 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramesh Goyal, Tripti Goyal, Manoj Bhanshali, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    goyalgroup.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2002PLC095119

  • Company No.

    095119

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Board Members (4)

NameDesignationAppointment DateStatus
Ramesh Goyal Country flag representing In Director 01-Jul-2016Current
Tripti Goyal Country flag representing In Director 16-Apr-2015Current
Manoj Bhanshali Country flag representing In Whole-Time Director 11-Sep-2015Current
Vijayendra Jain Country flag representing In Director 01-Apr-2003Current

Financial Performance of Rishabh Sponge.

Rishabh Sponge Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.44% decrease. The company also saw a substantial fall in profitability, with a 12.31% decrease in profit. The company's net worth Soared by an impressive increase of 12%.

Rishabh Sponge revenue growth over time
Rishabh Sponge 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
-6.44%
Revenue from Operations
-6.79%
Total Assets
-31.43%
Profit or Loss
-12.31%
Net Worth
12.00%
EBITDA
-18.27%

What is the Ownership and Shareholding Structure of Rishabh Sponge?

In 2022, Rishabh Sponge 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

₹20.48 Cr

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 10.65 Cr
  • Bank Of Baroda : 8.79 Cr
  • Kotak Mahindra Bank Limited : 1.03 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2007Kotak Mahindra Bank Limited₹1.03 CrSatisfied
07 Feb 2007Bank Of Baroda₹8.79 CrSatisfied
10 Sep 2003Allahabad Bank₹10.65 CrSatisfied

How Many Employees Work at Rishabh Sponge?

Rishabh Sponge has a workforce of 147 employees as of Mar 29, 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 Rishabh Sponge Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rishabh Sponge, 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 Rishabh Sponge'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 Rishabh Sponge

Recent activity within the organization

  • Annual General Meeting

    Rishabh Sponge Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Rishabh Sponge Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 10 Sep 2003 via Charge ID 90254240 with Allahabad Bank was fully satisfied on 02 Nov 2020.

  • Director Appointment

    Ramesh Chand Goyal was appointed as a Director was appointed as a Director on 01 Jul 2016 & has been associated with this company since 8 years 8 months .

  • Charges

    A charge registered on 07 Feb 2007 via Charge ID 10044008 with Bank Of Baroda was fully satisfied on 28 Dec 2015.

  • Charges

    A charge registered on 16 Dec 2007 via Charge ID 10089085 with Kotak Mahindra Bank Limited was fully satisfied on 08 Dec 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Rishabh Sponge Limited?

    Rishabh Sponge Limited was incorporated on 09 Sep 2002.

  • What is authorized share capital and paid-up capital of Rishabh Sponge Limited?

    The authorized share capital of Rishabh Sponge Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.77 Cr.

  • Who are the current board members & directors of Rishabh Sponge Limited?

    Currently 4 directors are associated with Rishabh Sponge Limited.

    • Ramesh Chand Goyal
    • Tripti Goyal
    • Manoj Kumar Bhanshali
    • Vijayendra Kumar Jain

  • What is the registered address of Rishabh Sponge Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rishabh Sponge Limited is 23/A N S Road India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Rishabh Sponge Limited?

    The corporate identification number (CIN) of Rishabh Sponge Limited is U27109WB2002PLC095119 and the company number is 095119 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rishabh Sponge Limited?

    The Official website of Rishabh Sponge Limited is https://www.goyalgroup.in

  • What has been the recent revenue trend for Rishabh Sponge Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rishabh Sponge Limited has fallen by -6.44%.

  • How many employees does Rishabh Sponge Limited currently have?

    As Per 2023 financial reports, 147 employees are currently employed by Rishabh Sponge Limited.

  • What change has been observed in the net worth of Rishabh Sponge Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rishabh Sponge Limited has experienced an upsurge of 12.00%.

  • When was the last Balance Sheet of Rishabh Sponge Limited filed with the ROC?

    The most recent Balance Sheet for Rishabh Sponge Limited was filed with the ROC on 31 Mar 2024.

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