South India Sponge Iron Private Limited

Founded in 1992 and headquartered in Karnataka, India.

1992 | Bangalore, Karnataka (India) | Active
Last Updated:

South India Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 5.12 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.83 Cr
  • Revenue Growth %
  • Profit Growth -56.06%
  • Ebitda -59.38%
  • Net Worth -1.89%
  • Total Assets -2.55%

About South India Sponge Iron

South India Sponge Iron Private Limited (SISIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 April 1992 and has a history of 32 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Real Estate And Construction 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 7.50 Cr and a paid-up capital of Rs 5.12 Cr.

The company has closed loans amounting to ₹9.83 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rahul Khetan and Madhu Khetan serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102KA1992PTC037582

  • Company No.

    037582

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 1992

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at South India Sponge Iron?

Executive Team (1)

NameDesignationAppointment DateStatus
Rahul Khetan Country flag representing In Managing Director30-Aug-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Madhu Khetan Country flag representing In Director 20-Apr-1992Current

Financial Performance of South India Sponge Iron.

South India Sponge Iron Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 56.06% decrease in profit. The company's net worth dipped by a decrease of 1.89%.

South India Sponge Iron revenue growth over time
South India Sponge Iron 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
Revenue from Operations
Total Assets
-2.55%
Profit or Loss
-56.06%
Net Worth
-1.89%
EBITDA
-59.38%

What is the Ownership and Shareholding Structure of South India Sponge Iron?

In 2023, South India Sponge Iron had a promoter holding of 99.02% and a public holding of 0.98%. 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

₹9.83 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 9.20 Cr
  • L & T Finance Limited : 0.36 Cr
  • Kotak Mahindra Bank Limited : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2012L & T Finance Limited₹2.17 MSatisfied
10 Apr 2010Kotak Mahindra Bank Limited₹2.66 MSatisfied
25 Oct 2007L & T Finance Limited₹1.45 MSatisfied
14 May 2005Vijaya Bank₹9.20 CrSatisfied

How Many Employees Work at South India Sponge Iron?

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

Employee growth trends for South India Sponge Iron Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of South India Sponge Iron, 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 South India Sponge Iron'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 South India Sponge Iron

Recent activity within the organization

  • Annual General Meeting

    South India Sponge Iron Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    South India Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge registered on 10 Apr 2010 via Charge ID 10216896 with Kotak Mahindra Bank Limited was fully satisfied on 02 Nov 2015.

  • Charges

    A charge registered on 30 Aug 2012 via Charge ID 10381292 with L & T Finance Limited was fully satisfied on 28 Oct 2015.

  • Charges

    A charge registered on 25 Oct 2007 via Charge ID 10077264 with L & T Finance Limited was fully satisfied on 28 Oct 2015.

  • Charges

    A charge registered on 14 May 2005 via Charge ID 80007508 with Vijaya Bank was fully satisfied on 28 Sep 2015.

Frequently asked questions

  • What is the Incorporation or founding date of South India Sponge Iron Private Limited?

    South India Sponge Iron Private Limited was incorporated on 20 Apr 1992.

  • What is authorized share capital and paid-up capital of South India Sponge Iron Private Limited?

    The authorized share capital of South India Sponge Iron Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 5.12 Cr.

  • Who are the current board members & directors of South India Sponge Iron Private Limited?

    Currently 2 directors are associated with South India Sponge Iron Private Limited.

    • Rahul Khetan
    • Madhu Khetan

  • What is the registered address of South India Sponge Iron Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of South India Sponge Iron Private Limited is No 29 Veerasandra Industrial Area Electronic City Post Anekal Taluk, Bangalore, Karnataka, India, 560100.

  • What is the corporate identification number (CIN) and company number of South India Sponge Iron Private Limited?

    The corporate identification number (CIN) of South India Sponge Iron Private Limited is U70102KA1992PTC037582 and the company number is 037582 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of South India Sponge Iron Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of South India Sponge Iron Private Limited has experienced an downturn of -1.89%.

  • When was the last Balance Sheet of South India Sponge Iron Private Limited filed with the ROC?

    The most recent Balance Sheet for South India Sponge Iron Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Real Estate Builders & Developers