Savitri Sponge Iron Private Limited

Produces sponge iron and other ferrous products, including lumps, pellets, rods, and ore.

2001 | Kolkata, West Bengal (India) | Active
Last Updated: July 16, 2024

Savitri Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.06 Cr
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.89 Cr
  • Satisfied Charges ₹ 22.41 Cr
  • Revenue Growth -12.43%
  • Profit Growth -75.79%
  • Ebitda -29.73%
  • Net Worth 0.94%
  • Total Assets 15.78%

About Savitri Sponge Iron

Savitri Sponge Iron Private Limited (SSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 2001 and has a history of 23 years and six months. Its registered office is in Kolkata, West Bengal, 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 3.06 Cr.

The company currently has active open charges totaling ₹21.89 Cr. The company has closed loans amounting to ₹22.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yash Gupta and Sandeep Gupta serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100WB2001PTC093495

  • Company No.

    093495

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2001

  • Date of AGM

    30 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 Savitri Sponge Iron?

Board Members (2)

Name Designation Appointment Date Status
Yash Gupta Country flag representing In Director 01-Oct-2022 Current
Sandeep Gupta Country flag representing In Director 18-Aug-2009 Current

Financial Performance of Savitri Sponge Iron.

Savitri Sponge Iron Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.43% decrease. The company also saw a substantial fall in profitability, with a 75.79% decrease in profit. The company's net worth moved up by a moderate rise of 0.94%.

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
-12.43%
Revenue from Operations
-12.37%
Total Assets
15.78%
Profit or Loss
-75.79%
Net Worth
0.94%
EBITDA
-29.73%

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

In 2023, Savitri Sponge Iron had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.89 Cr

Satisfied Charges

₹22.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 21.89 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2022 Others ₹20.25 Cr Open
08 Jan 2021 Others ₹2.42 M Open
27 Mar 2018 Others ₹1.40 Cr Open
21 May 2022 Bank Of India ₹2.40 Cr Satisfied
15 Jan 2022 Bank Of India ₹2.40 Cr Satisfied

How Many Employees Work at Savitri Sponge Iron?

Savitri Sponge Iron has a workforce of 95 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Savitri 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 Savitri 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 Savitri Sponge Iron

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 20.25 Cr registered on 27 Jul 2022 with Charge ID 100607708 was modified on 03 Oct 2023.

    03 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 13 May 2019 via Charge ID 100270582 with Axis Bank Limited was fully satisfied on 09 Aug 2023.

    09 Aug 2023

  • Balance Sheet

    Savitri Sponge Iron 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 26 Jul 2018 via Charge ID 100198162 with Others was fully satisfied on 20 Oct 2022.

    20 Oct 2022

  • Charges

    A charge registered on 21 May 2022 via Charge ID 100581598 with Bank Of India was fully satisfied on 19 Oct 2022.

    19 Oct 2022

Frequently asked questions

  • Savitri Sponge Iron Private Limited was incorporated on 20 Jul 2001.

  • The authorized share capital of Savitri Sponge Iron Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.06 Cr.

  • Currently 2 directors are associated with Savitri Sponge Iron Private Limited.

    • Yash Gupta
    • Sandeep Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savitri Sponge Iron Private Limited is Shrachi Centre 4Th Floor Room No 4D 74B A. J. C. Bose Road, Kolkata, West Bengal, India, 700016.

  • The corporate identification number (CIN) of Savitri Sponge Iron Private Limited is U27100WB2001PTC093495 and the company number is 093495 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Savitri Sponge Iron Private Limited has fallen by -12.43%.

  • As Per 2023 financial reports, 95 employees are currently employed by Savitri Sponge Iron Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Savitri Sponge Iron Private Limited has experienced an upsurge of 0.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Savitri Sponge Iron Private Limited amount to ₹ 21.89 Cr.

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

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