Shree Venkateshwara Sponge And Power Private Limited
Sponge iron manufacturing company based in Karnataka, established in 2005.
2005 | Bellary, Karnataka (India) | Active
Shree Venkateshwara Sponge And Power Profile
Key Indicators
- Authorised Capital ₹ 6.25 Cr
- Paid Up Capital ₹ 5.72 Cr
- Company Age 19 Year, 11 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 11 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navin Tapal  | Managing Director | 24-May-2021 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhavaniprasad Tapal | Director | 20-Oct-2005 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sri Kumaraswamy Mineral Exports Private LimitedBhavaniprasad Tapal is a mutual person
- Kuminex Investment Advisory Services Llp
Bhavaniprasad Tapal is a mutual person
- Kumaraswamy Ispat Private Limited
Bhavaniprasad Tapal is a mutual person
- Tapal Steel Private Limited
Bhavaniprasad Tapal is a mutual person
- Kuminex Steels Private Limited
Bhavaniprasad Tapal is a mutual person
- Kuminex Energy Private Limited
Bhavaniprasad Tapal is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2024 | Hdfc Bank Limited | ₹1.22 Cr | Open |
| 04 Feb 2023 | Hdfc Bank Limited | ₹1.80 Cr | Open |
| 28 Feb 2007 | State Bank Of India | ₹28.50 Cr | Satisfied |
| 07 Jun 2005 | Icici Bank Ltd | ₹1.50 M | Satisfied |
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.
Deals i
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
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 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.
- 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.
- 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.80 Cr with Charge ID 100716830 was registered on 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 10 months .
- Charges
A charge registered on 28 Feb 2007 via Charge ID 10047690 with State Bank Of India was fully satisfied on 09 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Shree Venkateshwara Sponge And Power Private Limited?
Shree Venkateshwara Sponge And Power Private Limited was incorporated on 12 Apr 2005.
What is authorized share capital and paid-up capital of Shree Venkateshwara Sponge And Power Private Limited?
The authorized share capital of Shree Venkateshwara Sponge And Power Private Limited is ₹ 6.25 Cr and paid-up capital is ₹ 5.72 Cr.
Who are the current board members & directors of Shree Venkateshwara Sponge And Power Private Limited?
Currently 2 directors are associated with Shree Venkateshwara Sponge And Power Private Limited.
- Bhavaniprasad Tapal
- Navin Prasad Tapal
What is the registered address of Shree Venkateshwara Sponge And Power Private Limited?
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.
What is the corporate identification number (CIN) and company number of Shree Venkateshwara Sponge And Power Private Limited?
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).
What has been the recent revenue trend for Shree Venkateshwara Sponge And Power Private Limited?
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%.
What change has been observed in the net worth of Shree Venkateshwara Sponge And Power Private Limited, and by what percentage?
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%.
What are the total open charges for Shree Venkateshwara Sponge And Power Private Limited?
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.
When was the last Balance Sheet of Shree Venkateshwara Sponge And Power Private Limited filed with the ROC?
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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