Sai Sponge (India) Private Limited

Manufactures sponge iron and other ferrous substances with 60,000 ton capacity in Jharkhand.

2002 | Kolkata, West Bengal (India) | Active
Last Updated: June 29, 2024

Sai Sponge (India) Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.33 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 10.68 Cr
  • Revenue Growth 17.42%
  • Profit Growth 262.99%
  • Ebitda 149.36%
  • Net Worth 24.87%
  • Total Assets 16.19%

About Sai Sponge (India)

Sai Sponge (India) Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 2002 and has a history of 22 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Sai Sponge (India) 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 2023. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 12.33 Cr.

The company has closed loans amounting to ₹10.68 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sai Sponge (India) Private Limited India is Ranjan Saha as COMPANY SECRETARY. Sandeep Khanna, Gopal Sharan, Niraj Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100WB2002PTC099644

  • Company No.

    099644

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 2002

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Sai Sponge (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Ranjan Saha Country flag representing In Company Secretary19-Mar-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Gopal Sharan Country flag representing In Director 12-Jul-2023Current
Sandeep Khanna Country flag representing In Director 12-Jul-2023Current
Niraj Kumar Country flag representing In Whole-Time Director 01-Jul-2014Current
Sajjan Kedia Country flag representing In Director 17-Jul-2003Current

Financial Performance of Sai Sponge (India).

Sai Sponge (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.42% increase. The company also saw a substantial improvement in profitability, with a 262.99% increase in profit. The company's net worth Soared by an impressive increase of 24.87%.

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
17.42%
Revenue from Operations
17.36%
Total Assets
16.19%
Profit or Loss
262.99%
Net Worth
24.87%
EBITDA
149.36%

What is the Ownership and Shareholding Structure of Sai Sponge (India)?

In 2023, Sai Sponge (India) 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

₹10.68 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.16 Cr
  • Kotak Mahindra Bank Limited : 0.52 Cr

Latest Charge Details

DateLenderAmountStatus
08 Aug 2009Kotak Mahindra Bank Limited₹1.50 MSatisfied
01 Jun 2009Kotak Mahindra Bank Limited₹3.74 MSatisfied
17 Oct 2003State Bank Of India₹10.16 CrSatisfied

How Many Employees Work at Sai Sponge (India)?

Sai Sponge (India) has a workforce of 192 employees as of Apr 06, 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 Sai Sponge (India), 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 Sai Sponge (India)'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 Sai Sponge (India)

Recent activity within the organization

  • Director Appointment

    Ranjan Kumar Saha was appointed as a Company Secretary was appointed as a Company Secretary on 19 Mar 2024 & has been associated with this company since 10 months 13 days .

    19 Mar 2024

  • Annual General Meeting

    Sai Sponge (India) Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Sandeep Khanna was appointed as a Director was appointed as a Director on 12 Jul 2023 & has been associated with this company since 1 year 6 months .

    12 Jul 2023

  • Director Appointment

    Gopal Krishna Sharan was appointed as a Director was appointed as a Director on 12 Jul 2023 & has been associated with this company since 1 year 6 months .

    12 Jul 2023

  • Balance Sheet

    Sai Sponge (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 17 Oct 2003 via Charge ID 90256208 with State Bank Of India was fully satisfied on 06 Nov 2017.

    06 Nov 2017

Frequently asked questions

  • Sai Sponge (India) Private Limited was incorporated on 11 Sep 2002.

  • The authorized share capital of Sai Sponge (India) Private Limited is ₹ 12.50 Cr and paid-up capital is ₹ 12.33 Cr.

  • Currently 5 directors are associated with Sai Sponge (India) Private Limited.

    • Sandeep Khanna
    • Ranjan Kumar Saha
    • Gopal Krishna Sharan
    • Niraj Sandwar Kumar
    • Sajjan Kumar Kedia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sai Sponge (India) Private Limited is Premlata 39 Shakespeare Sarani 2Nd Floor, Kolkata, West Bengal, India, 700017.

  • The corporate identification number (CIN) of Sai Sponge (India) Private Limited is U27100WB2002PTC099644 and the company number is 099644 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sai Sponge (India) Private Limited is https://www.supershakti.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sai Sponge (India) Private Limited has risen by 17.42%.

  • As Per 2023 financial reports, 192 employees are currently employed by Sai Sponge (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sai Sponge (India) Private Limited has experienced an upsurge of 24.87%.

  • The most recent Balance Sheet for Sai Sponge (India) Private Limited was filed with the ROC on 31 Mar 2023.

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