Shree Shyam Sponge And Power Limited

Sponge iron manufacturer with annual production capacity of 33,000 MT.

2003 | Raipur, Chattisgarh (India) | Active
Last Updated: November 17, 2024

Shree Shyam Sponge And Power Profile

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 7.37 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.81 Cr
  • Satisfied Charges ₹ 8.25 Cr
  • Revenue Growth 28.34%
  • Profit Growth 67.67%
  • Ebitda 58.99%
  • Net Worth 29.33%
  • Total Assets 22.48%

About Shree Shyam Sponge And Power

Shree Shyam Sponge And Power Limited (SSSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 February 2003 and has a history of 21 years and 11 months. Its registered office is in Raipur, Chattisgarh, 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 11.50 Cr and a paid-up capital of Rs 7.37 Cr.

The company currently has active open charges totaling ₹19.81 Cr. The company has closed loans amounting to ₹8.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Puneet Aggarwal, Aman Agrawal, Sanjay Agarwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahamayagroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102CT2003PLC015614

  • Company No.

    015614

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

Who are the key members and board of directors at Shree Shyam Sponge And Power?

Board Members (5)

NameDesignationAppointment DateStatus
Aman Agrawal Country flag representing In Director 06-Jul-2017Current
Puneet Aggarwal Country flag representing In Director 09-May-2024Current
Sanjay Agarwal Country flag representing In Director 11-Apr-2017Current
Shashank Pacheriwala Country flag representing In Director 09-May-2024Current
Manoj Agarwalla Country flag representing In Director 01-Mar-2017Current

Financial Performance of Shree Shyam Sponge And Power.

Shree Shyam Sponge And Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.34% increase. The company also saw a substantial improvement in profitability, with a 67.67% increase in profit. The company's net worth Soared by an impressive increase of 29.33%.

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
28.34%
Revenue from Operations
28.50%
Total Assets
22.48%
Profit or Loss
67.67%
Net Worth
29.33%
EBITDA
58.99%

What is the Ownership and Shareholding Structure of Shree Shyam Sponge And Power?

In 2023, Shree Shyam 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.81 Cr

Satisfied Charges

₹8.25 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 19.81 Cr

Latest Charge Details

DateLenderAmountStatus
25 Feb 2022Uco Bank₹1.20 MOpen
19 Jun 2020Uco Bank₹1.50 MOpen
05 Nov 2018Uco Bank₹3.70 MOpen
13 Jan 2009Uco Bank₹19.17 CrOpen
07 Mar 2007Oriental Bank Of Commerce₹6.75 CrSatisfied

How Many Employees Work at Shree Shyam Sponge And Power?

Shree Shyam Sponge And Power has a workforce of 96 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 Shree Shyam 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 Shree Shyam Sponge And Power'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 Shree Shyam Sponge And Power

Recent activity within the organization

  • Charges

    A charge with Uco Bank of Rs. 19.17 Cr registered on 13 Jan 2009 with Charge ID 10142040 was modified on 27 Jun 2024.

    27 Jun 2024

  • Director Appointment

    Puneet Kumar Aggarwal was appointed as a Director was appointed as a Director on 09 May 2024 & has been associated with this company since 9 months 15 days .

    09 May 2024

  • Director Appointment

    Shashank Omprakash Pacheriwala was appointed as a Director was appointed as a Director on 09 May 2024 & has been associated with this company since 9 months 15 days .

    09 May 2024

  • Annual General Meeting

    Shree Shyam Sponge And Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shree Shyam Sponge And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

  • Charges

    A charge with Uco Bank amounted to Rs. 0.12 Cr with Charge ID 100568724 was registered on 25 Feb 2022.

    25 Feb 2022

Frequently asked questions

  • Shree Shyam Sponge And Power Limited was incorporated on 26 Feb 2003.

  • The authorized share capital of Shree Shyam Sponge And Power Limited is ₹ 11.50 Cr and paid-up capital is ₹ 7.37 Cr.

  • Currently 5 directors are associated with Shree Shyam Sponge And Power Limited.

    • Puneet Kumar Aggarwal
    • Aman Agrawal
    • Sanjay Agarwal
    • Shashank Omprakash Pacheriwala
    • Manoj Kumar Agarwalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Shyam Sponge And Power Limited is B-402 Harshit Jewels, Tatibandh India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Shree Shyam Sponge And Power Limited is U27102CT2003PLC015614 and the company number is 015614 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shree Shyam Sponge And Power Limited is https://www.mahamayagroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Shyam Sponge And Power Limited has risen by 28.34%.

  • As Per 2023 financial reports, 96 employees are currently employed by Shree Shyam Sponge And Power Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Shyam Sponge And Power Limited has experienced an upsurge of 29.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Shyam Sponge And Power Limited amount to ₹ 19.81 Cr.

  • The most recent Balance Sheet for Shree Shyam Sponge And Power Limited was filed with the ROC on 31 Mar 2023.

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