Shreesatya Sponge & Power Private Limited

Manufactures sponge iron, trades M.S Iron and steel, provides work contracts and commission services.

2016 | 24 Parganas, West Bengal (India) | Active
Last Updated: December 07, 2024

Shreesatya Sponge & Power Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 8.03 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 74.70 Cr
  • Revenue Growth 84.08%
  • Profit Growth 104.48%
  • Ebitda 40.87%
  • Net Worth 28.76%
  • Total Assets 49.11%

About Shreesatya Sponge & Power

Shreesatya Sponge & Power Private Limited (SSPPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 August 2016 (Eight years and five months 22 days old ). Its registered office is in 24 Parganas, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 8.03 M.

The company currently has active open charges totaling ₹74.70 Cr.

Satyanarayan Bansal, Himansu Bansal, and Sudhanshu Bansal serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200WB2016PTC217058

  • Company No.

    217058

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Shreesatya Sponge & Power?

Board Members (3)

NameDesignationAppointment DateStatus
Himansu Bansal Country flag representing In Director 10-Aug-2016Current
Satyanarayan Bansal Country flag representing In Director 10-Aug-2016Current
Sudhanshu Bansal Country flag representing In Director 10-Aug-2016Current

Financial Performance of Shreesatya Sponge & Power.

Shreesatya Sponge & Power Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 84.08% increase. The company also saw a substantial improvement in profitability, with a 104.48% increase in profit. The company's net worth Soared by an impressive increase of 28.76%.

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
84.08%
Revenue from Operations
84.10%
Total Assets
49.11%
Profit or Loss
104.48%
Net Worth
28.76%
EBITDA
40.87%

What is the Ownership and Shareholding Structure of Shreesatya Sponge & Power?

In 2021, Shreesatya Sponge & 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

₹74.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 58.88 Cr
  • Others : 15.63 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
10 May 2024Axis Bank Limited₹2.08 CrOpen
13 Nov 2023Axis Bank Limited₹5.08 MOpen
09 Nov 2023Axis Bank Limited₹4.03 MOpen
19 Sep 2023Others₹14.75 CrOpen
05 Aug 2023Axis Bank Limited₹3.95 MOpen

How Many Employees Work at Shreesatya Sponge & Power?

Shreesatya Sponge & Power has a workforce of 115 employees as of Apr 01, 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 Shreesatya Sponge & 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 Shreesatya Sponge & 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 Shreesatya Sponge & Power

Recent activity within the organization

  • Annual General Meeting

    Shreesatya Sponge & Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.08 Cr with Charge ID 100926875 was registered on 10 May 2024.

    10 May 2024

  • Balance Sheet

    Shreesatya Sponge & Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 45.49 Cr registered on 21 Nov 2018 with Charge ID 100229005 was modified on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100824532 was registered on 13 Nov 2023.

    13 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100813609 was registered on 09 Nov 2023.

    09 Nov 2023

Frequently asked questions

  • Shreesatya Sponge & Power Private Limited was incorporated on 10 Aug 2016.

  • The authorized share capital of Shreesatya Sponge & Power Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 8.03 M.

  • Currently 3 directors are associated with Shreesatya Sponge & Power Private Limited.

    • Satyanarayan Bansal
    • Himansu Bansal
    • Sudhanshu Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shreesatya Sponge & Power Private Limited is Dn-36 Primarc Tower Sector-V, Saltlake India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of Shreesatya Sponge & Power Private Limited is U27200WB2016PTC217058 and the company number is 217058 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shreesatya Sponge & Power Private Limited is https://www.shreesatyagroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shreesatya Sponge & Power Private Limited has risen by 84.08%.

  • As Per 2022 financial reports, 115 employees are currently employed by Shreesatya Sponge & Power Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shreesatya Sponge & Power Private Limited has experienced an upsurge of 28.76%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shreesatya Sponge & Power Private Limited amount to ₹ 74.70 Cr.

  • The most recent Balance Sheet for Shreesatya Sponge & Power Private Limited was filed with the ROC on 31 Mar 2024.

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