Shah Sponge And Power Limited
Manufactures sponge iron and billets with large production capacity.
2005 | Kolkata, West Bengal (India) | Active
Shah Sponge And Power Profile
Key Indicators
- Authorised Capital ₹ 16.50 Cr
- Paid Up Capital ₹ 16.46 Cr
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 201.89 Cr
- Satisfied Charges ₹ 154.40 Cr
- Revenue Growth -26.26%
- Profit Growth 250.69%
- Ebitda 34.22%
- Net Worth 3.65%
- Total Assets 1.03%
About Shah Sponge And Power
Shah Sponge And Power Limited (SSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 September 2005 and has a history of 19 years and eight months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Shah Sponge And Power 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 2023. It's a company limited by shares with an authorized capital of Rs 16.50 Cr and a paid-up capital of Rs 16.46 Cr.
The company currently has active open charges totaling ₹201.89 Cr. The company has closed loans amounting to ₹154.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shah Sponge And Power Limited India are Sumesh Singh as CFO and Rishi Ghosh as Company Secretary. Satya Jha, Sumitra Shah, Raj Shah, and One other member 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
U27100WB2005PLC134108
- Company No.
134108
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Sep 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Metals and Minerals
What products or services does Shah Sponge And Power Limited offer?
Shah Sponge And Power Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Granite, Marble, Sandstone & Others, Sedimentary Stone.
Shah Sponge And Power Limited
Explore comprehensive data for Shah Sponge And Power Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Shah Sponge And Power?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sumesh Singh | CFO | 25-Mar-2019 | Current |
| Rishi Ghosh | Company Secretary | 01-Feb-2022 | Current |
Sumitra Shah  | Managing Director | 27-Mar-2009 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satya Jha | Director | 28-Jan-2020 | Current |
| Raj Shah | Director | 01-Sep-2005 | Current |
| Shyam Shah | Director | 01-Sep-2005 | Current |
Financial Performance of Shah Sponge And Power.
Shah Sponge And Power Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 26.26% decrease. The company also saw a substantial improvement in profitability, with a 250.69% increase in profit. The company's net worth moved up by a moderate rise of 3.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shah Sponge And Power?
In 2021, Shah Sponge 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.
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Charges (Loans)
Open Charges
₹201.89 Cr
Satisfied Charges
₹154.40 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 172.81 Cr
- Axis Bank Limited : 26.79 Cr
- Hdfc Bank Limited : 1.22 Cr
- Others : 1.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2024 | Axis Bank Limited | ₹25.50 Cr | Open |
| 29 Dec 2023 | Others | ₹0.88 M | Open |
| 14 Jul 2023 | Others | ₹9.79 M | Open |
| 23 May 2023 | Sbicap Trustee Company Limited | ₹86.98 Cr | Open |
| 23 May 2023 | Sbicap Trustee Company Limited | ₹85.83 Cr | Open |
How Many Employees Work at Shah Sponge And Power?
Shah Sponge And Power has a workforce of 232 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shah Sponge 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 Shah Sponge And Power's trajectory.
Rating
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
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 Shah Sponge And Power
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 25.50 Cr with Charge ID 101016685 was registered on 21 Nov 2024.
- Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100858278 was registered on 29 Dec 2023.
- Annual General Meeting
Shah Sponge And Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.98 Cr with Charge ID 100742157 was registered on 14 Jul 2023.
- Charges
A charge registered on 15 Mar 2021 via Charge ID 100436579 with Axis Bank Limited was fully satisfied on 20 Jun 2023.
- Charges
A charge registered on 28 Oct 2011 via Charge ID 10324279 with State Bank Of India was fully satisfied on 16 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Shah Sponge And Power Limited?
Shah Sponge And Power Limited was incorporated on 01 Sep 2005.
What is authorized share capital and paid-up capital of Shah Sponge And Power Limited?
The authorized share capital of Shah Sponge And Power Limited is ₹ 16.50 Cr and paid-up capital is ₹ 16.46 Cr.
Who are the current board members & directors of Shah Sponge And Power Limited?
Currently 6 directors are associated with Shah Sponge And Power Limited.
- Sumesh Kumar Singh
- Rishi Pratim Ghosh
- Satya Nand Jha
- Sumitra Kumar Shah
- Raj Kumar Shah
- Shyam Sunder Shah
What is the registered address of Shah Sponge And Power Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shah Sponge And Power Limited is 7 Grant Lane Ganpati Chambers, Room No.310 Cabin No.5 India, Kolkata, West Bengal, 700012.
What is the corporate identification number (CIN) and company number of Shah Sponge And Power Limited?
The corporate identification number (CIN) of Shah Sponge And Power Limited is U27100WB2005PLC134108 and the company number is 134108 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Shah Sponge And Power Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Shah Sponge And Power Limited has fallen by -26.26%.
How many employees does Shah Sponge And Power Limited currently have?
As Per 2020 financial reports, 232 employees are currently employed by Shah Sponge And Power Limited.
What change has been observed in the net worth of Shah Sponge And Power Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Shah Sponge And Power Limited has experienced an upsurge of 3.65%.
What are the total open charges for Shah Sponge And Power Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Shah Sponge And Power Limited amount to ₹ 201.89 Cr.
When was the last Balance Sheet of Shah Sponge And Power Limited filed with the ROC?
The most recent Balance Sheet for Shah Sponge And Power Limited was filed with the ROC on 31 Mar 2023.
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