Shiv Shankar Sponge Iron Private Limited

Manufacturer and exporter of ferrous and non-ferrous metals and by-products.

1995 | Puruliya, West Bengal (India) | Active
Last Updated: October 24, 2024

Shiv Shankar Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 8.28 Cr
  • Company Age 30 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.09 Cr
  • Satisfied Charges ₹ 34.82 Cr
  • Revenue Growth -23.98%
  • Profit Growth 28.07%
  • Ebitda 1133.07%
  • Net Worth 412.22%
  • Total Assets 3.30%

About Shiv Shankar Sponge Iron

Shiv Shankar Sponge Iron Private Limited (SSSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 February 1995 and has a history of 30 years. Its registered office is in Puruliya, West Bengal, India.

The Corporate was formerly known as Castrol Goods Pvt Ltd. 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 15.00 Cr and a paid-up capital of Rs 8.28 Cr.

The company currently has active open charges totaling ₹32.09 Cr. The company has closed loans amounting to ₹34.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandan Mittal, Nitin Bhalotia, and Ankit Poddar serve as directors at the Company.

Company Details

  • Location

    Puruliya, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52190WB1995PTC068427

  • Company No.

    068427

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 1995

  • 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 Shiv Shankar Sponge Iron?

Board Members (3)

NameDesignationAppointment DateStatus
Chandan Mittal Country flag representing In Director 11-Feb-2020Current
Nitin Bhalotia Country flag representing In Director 11-Feb-2020Current
Ankit Poddar Country flag representing In Director 28-Jan-2020Current

Financial Performance of Shiv Shankar Sponge Iron.

Shiv Shankar Sponge Iron Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.98% decrease. The company also saw a substantial improvement in profitability, with a 28.07% increase in profit. The company's net worth Soared by an impressive increase of 412.22%.

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
-23.98%
Revenue from Operations
-23.34%
Total Assets
3.30%
Profit or Loss
28.07%
Net Worth
412.22%
EBITDA
1133.07%

What is the Ownership and Shareholding Structure of Shiv Shankar Sponge Iron?

In 2023, Shiv Shankar Sponge Iron 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

₹32.09 Cr

Satisfied Charges

₹34.82 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 25.00 Cr
  • Others : 3.00 Cr
  • Hdfc Bank Limited : 2.14 Cr
  • Hdb Financial Services Limited : 1.96 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024State Bank Of India₹25.00 CrOpen
05 Sep 2023Hdb Financial Services Limited₹9.36 MOpen
05 Sep 2023Hdb Financial Services Limited₹1.02 CrOpen
07 Aug 2023Hdfc Bank Limited₹3.50 MOpen
24 May 2023Others₹2.14 CrOpen

How Many Employees Work at Shiv Shankar Sponge Iron?

Shiv Shankar Sponge Iron has a workforce of 56 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 Shiv Shankar 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 Shiv Shankar 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 Shiv Shankar Sponge Iron

Recent activity within the organization

  • Charges

    A charge registered on 28 Jul 2021 via Charge ID 100474783 with Others was fully satisfied on 04 May 2024.

    04 May 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 25.00 Cr with Charge ID 100921507 was registered on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge registered on 26 Aug 2020 via Charge ID 100371728 with Others was fully satisfied on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge registered on 25 May 2018 via Charge ID 100196495 with Others was fully satisfied on 16 Dec 2023.

    16 Dec 2023

  • Annual General Meeting

    Shiv Shankar 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 with Hdb Financial Services Limited amounted to Rs. 0.94 Cr with Charge ID 100784282 was registered on 05 Sep 2023.

    05 Sep 2023

Frequently asked questions

  • Shiv Shankar Sponge Iron Private Limited was incorporated on 17 Feb 1995.

  • The authorized share capital of Shiv Shankar Sponge Iron Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 8.28 Cr.

  • Currently 3 directors are associated with Shiv Shankar Sponge Iron Private Limited.

    • Chandan Mittal
    • Nitin Bhalotia
    • Ankit Poddar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shiv Shankar Sponge Iron Private Limited is Nh-32 Gram - Dantia, P.O Shyam Nagar Thana India, Balarampur, West Bengal, 723143.

  • The corporate identification number (CIN) of Shiv Shankar Sponge Iron Private Limited is U52190WB1995PTC068427 and the company number is 068427 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shiv Shankar Sponge Iron Private Limited has fallen by -23.98%.

  • As Per 2023 financial reports, 56 employees are currently employed by Shiv Shankar Sponge Iron Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shiv Shankar Sponge Iron Private Limited has experienced an upsurge of 412.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shiv Shankar Sponge Iron Private Limited amount to ₹ 32.09 Cr.

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

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