Shree Sponge Steel And Casting Limited

Manufactures and trades various types of steel castings for multiple industries.

1991 | Vadodara, Gujarat (India) | Active
Last Updated:

Shree Sponge Steel And Casting Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 4.24 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.87 Cr
  • Revenue Growth 120.06%
  • Profit Growth 954.46%
  • Ebitda -131.28%
  • Net Worth 191.49%
  • Total Assets 46.99%

About Shree Sponge Steel And Casting

Shree Sponge Steel And Casting Limited (SSSACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 September 1991 and has a history of 33 years and seven months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Shree Sponge Steel And Forging Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 4.24 Cr.

The company has closed loans amounting to ₹13.87 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Devesh Pathak, Vinaykumar Parikh, Hasmukhlal Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ1991PLC016203

  • Company No.

    016203

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 1991

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Shree Sponge Steel And Casting Limited offer?

Shree Sponge Steel And Casting Limited offers a wide range of products and services, including Building & Construction Machines, Crushing Machines & Plants, Hydraulic & Pneumatic Machines, Hydraulic Components, Hydraulic & Pneumatic Cylinders, Hydraulic Cylinders, Separators, Strainers & Purifiers, Vibrating Screens, Hydraulic Baling Press, Power Packs.

Company report

Shree Sponge Steel And Casting Limited

Explore comprehensive data for Shree Sponge Steel And Casting Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shree Sponge Steel And Casting?

Executive Team (1)

NameDesignationAppointment DateStatus
Vinaykumar Parikh Country flag representing In Managing Director01-Jan-2010Current

Board Members (3)

NameDesignationAppointment DateStatus
Hrishit Parikh Country flag representing In Whole-Time Director 23-Oct-2010Current
Devesh Pathak Country flag representing In Director 13-Nov-2021Current
Hasmukhlal Shah Country flag representing In Director 20-Feb-2009Current

Financial Performance of Shree Sponge Steel And Casting.

Shree Sponge Steel And Casting Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120.06% increase. The company also saw a substantial improvement in profitability, with a 954.46% increase in profit. The company's net worth Soared by an impressive increase of 191.49%.

Shree Sponge Steel And Casting revenue growth over time
Shree Sponge Steel And Casting 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
120.06%
Revenue from Operations
-14.30%
Total Assets
46.99%
Profit or Loss
954.46%
Net Worth
191.49%
EBITDA
-131.28%

What is the Ownership and Shareholding Structure of Shree Sponge Steel And Casting?

In 2023, Shree Sponge Steel And Casting had a promoter holding of 51.51% and a public holding of 48.49%. 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

₹13.87 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.29 Cr
  • Bank Of Baroda : 1.58 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2019Others₹3.00 CrSatisfied
29 Sep 2010Bank Of Baroda₹3.19 MSatisfied
10 Mar 2010Bank Of Baroda₹0.72 MSatisfied
07 Jun 2004Bank Of Baroda₹1.00 MSatisfied
12 Jun 2000Bank Of Baroda₹0.57 MSatisfied

How Many Employees Work at Shree Sponge Steel And Casting?

Shree Sponge Steel And Casting has a workforce of 4 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.

Employee growth trends for Shree Sponge Steel And Casting Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shree Sponge Steel And Casting, 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 Sponge Steel And Casting'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 Sponge Steel And Casting

Recent activity within the organization

  • Annual General Meeting

    Shree Sponge Steel And Casting Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Shree Sponge Steel And Casting Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Devesh Amubhai Pathak was appointed as a Director was appointed as a Director on 13 Nov 2021 & has been associated with this company since 3 years 4 months .

  • Charges

    A charge registered on 29 Aug 2019 via Charge ID 100292426 with Others was fully satisfied on 21 Nov 2020.

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 29 Aug 2019 with Charge ID 100292426 was modified on 13 Jul 2020.

  • Charges

    A charge registered on 11 Nov 1998 via Charge ID 90104008 with Others was fully satisfied on 19 Sep 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Shree Sponge Steel And Casting Limited?

    Shree Sponge Steel And Casting Limited was incorporated on 03 Sep 1991.

  • What is authorized share capital and paid-up capital of Shree Sponge Steel And Casting Limited?

    The authorized share capital of Shree Sponge Steel And Casting Limited is ₹ 20.00 Cr and paid-up capital is ₹ 4.24 Cr.

  • Who are the current board members & directors of Shree Sponge Steel And Casting Limited?

    Currently 4 directors are associated with Shree Sponge Steel And Casting Limited.

    • Devesh Amubhai Pathak
    • Vinaykumar Purushottamdas Parikh
    • Hasmukhlal Vithaldas Shah
    • Hrishit Vinay Parikh

  • What is the registered address of Shree Sponge Steel And Casting Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shree Sponge Steel And Casting Limited is 6/1/1 Gidc Por-Ramangamdi, National Highway No 8 India, Baroda, Gujarat, 391243.

  • What is the corporate identification number (CIN) and company number of Shree Sponge Steel And Casting Limited?

    The corporate identification number (CIN) of Shree Sponge Steel And Casting Limited is U27100GJ1991PLC016203 and the company number is 016203 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shree Sponge Steel And Casting Limited?

    The Official website of Shree Sponge Steel And Casting Limited is https://www.shreesponge.com

  • What has been the recent revenue trend for Shree Sponge Steel And Casting Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shree Sponge Steel And Casting Limited has risen by 120.06%.

  • How many employees does Shree Sponge Steel And Casting Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Shree Sponge Steel And Casting Limited.

  • What change has been observed in the net worth of Shree Sponge Steel And Casting Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shree Sponge Steel And Casting Limited has experienced an upsurge of 191.49%.

  • When was the last Balance Sheet of Shree Sponge Steel And Casting Limited filed with the ROC?

    The most recent Balance Sheet for Shree Sponge Steel And Casting Limited was filed with the ROC on 31 Mar 2024.

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