Shree Venkateshwara Sponge And Power Private Limited

Sponge iron manufacturing company based in Karnataka, established in 2005.

2005 | Bellary, Karnataka (India) | Active
Last Updated: October 24, 2024

Shree Venkateshwara Sponge And Power Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 5.72 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.02 Cr
  • Satisfied Charges ₹ 28.65 Cr
  • Revenue Growth -4.65%
  • Profit Growth 118.94%
  • Ebitda 156.77%
  • Net Worth 4.23%
  • Total Assets 68.37%

About Shree Venkateshwara Sponge And Power

Shree Venkateshwara Sponge And Power Private Limited (SVSAPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2005 and has a history of 19 years and ten months. Its registered office is in Bellary, Karnataka, 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 6.25 Cr and a paid-up capital of Rs 5.72 Cr.

The company currently has active open charges totaling ₹3.02 Cr. The company has closed loans amounting to ₹28.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhavaniprasad Tapal and Navin Tapal serve as directors at the Company.

Company Details

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104KA2005PTC042711

  • Company No.

    042711

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2005

  • Date of AGM

    24 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Navin Tapal Country flag representing In Managing Director24-May-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Bhavaniprasad Tapal Country flag representing In Director 20-Oct-2005Current

Financial Performance of Shree Venkateshwara Sponge And Power.

Shree Venkateshwara Sponge And Power Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.65% decrease. The company also saw a substantial improvement in profitability, with a 118.94% increase in profit. The company's net worth moved up by a moderate rise of 4.23%.

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
-4.65%
Revenue from Operations
-4.63%
Total Assets
68.37%
Profit or Loss
118.94%
Net Worth
4.23%
EBITDA
156.77%

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

In 2023, Shree Venkateshwara 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

₹3.02 Cr

Satisfied Charges

₹28.65 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.02 Cr

Latest Charge Details

DateLenderAmountStatus
02 May 2024Hdfc Bank Limited₹1.22 CrOpen
04 Feb 2023Hdfc Bank Limited₹1.80 CrOpen
28 Feb 2007State Bank Of India₹28.50 CrSatisfied
07 Jun 2005Icici Bank Ltd₹1.50 MSatisfied

How Many Employees Work at Shree Venkateshwara Sponge And Power?

Unlock and access historical data on people associated with Shree Venkateshwara Sponge And Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shree Venkateshwara 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 Venkateshwara 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 Venkateshwara Sponge And Power

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.22 Cr with Charge ID 100945668 was registered on 02 May 2024.

    02 May 2024

  • Annual General Meeting

    Shree Venkateshwara Sponge And Power Private Limited last Annual general meeting of members was held on 24 Sep 2023 as per latest MCA records.

    24 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.80 Cr with Charge ID 100716830 was registered on 04 Feb 2023.

    04 Feb 2023

  • Director Appointment

    Navin Prasad Tapal was appointed as a Managing Director was appointed as a Managing Director on 24 May 2021 & has been associated with this company since 3 years 9 months .

    24 May 2021

  • Charges

    A charge registered on 28 Feb 2007 via Charge ID 10047690 with State Bank Of India was fully satisfied on 09 Feb 2021.

    09 Feb 2021

Frequently asked questions

  • Shree Venkateshwara Sponge And Power Private Limited was incorporated on 12 Apr 2005.

  • The authorized share capital of Shree Venkateshwara Sponge And Power Private Limited is ₹ 6.25 Cr and paid-up capital is ₹ 5.72 Cr.

  • Currently 2 directors are associated with Shree Venkateshwara Sponge And Power Private Limited.

    • Bhavaniprasad Tapal
    • Navin Prasad Tapal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shree Venkateshwara Sponge And Power Private Limited is Dwarika Niwas House No. 15/I Parvati Nagar Ii Main Talur Road, India, Bellary, Karnataka, 583102.

  • The corporate identification number (CIN) of Shree Venkateshwara Sponge And Power Private Limited is U27104KA2005PTC042711 and the company number is 042711 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shree Venkateshwara Sponge And Power Private Limited has fallen by -4.65%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shree Venkateshwara Sponge And Power Private Limited has experienced an upsurge of 4.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shree Venkateshwara Sponge And Power Private Limited amount to ₹ 3.02 Cr.

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

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