Sova Ispat Alloys Limited

Supplier and trader of iron & steel raw materials and alloys.

1998 | Kolkata, West Bengal (India) | Active
Last Updated: July 04, 2024

Sova Ispat Alloys Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 13.96 Cr
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 131.95 Cr
  • Satisfied Charges ₹ 14.50 Cr
  • Revenue Growth %
  • Profit Growth 87.76%
  • Ebitda -14.77%
  • Net Worth -0.02%
  • Total Assets -0.01%

About Sova Ispat Alloys

Sova Ispat Alloys Limited (SIAL) is a Public Limited Indian Non-Government Company incorporated in India on 19 August 1998 and has a history of 26 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Shri Nimbark Steel Private Limited. 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 15.00 Cr and a paid-up capital of Rs 13.96 Cr.

The company currently has active open charges totaling ₹131.95 Cr. The company has closed loans amounting to ₹14.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sova Ispat Alloys Limited India is Goutam Chatterjee as CFO. Swarup Chatterjee, Goutam Chatterjee, and Samir Mukherjee serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104WB1998PLC058051

  • Company No.

    058051

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1998

  • Date of AGM

    12 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Sova Ispat Alloys?

Executive Team (1)

NameDesignationAppointment DateStatus
Goutam Chatterjee Country flag representing In CFO15-Apr-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Swarup Chatterjee Country flag representing In Director 01-Apr-2004Current
Goutam Chatterjee Country flag representing In Director and Cfo 01-Aug-2009Current
Samir Mukherjee Country flag representing In Whole-Time Director 01-Apr-2004Current

Financial Performance of Sova Ispat Alloys.

Sova Ispat Alloys Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 87.76% increase in profit. The company's net worth dipped by a decrease of 0.02%.

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
Revenue from Operations
Total Assets
-0.01%
Profit or Loss
87.76%
Net Worth
-0.02%
EBITDA
-14.77%

What is the Ownership and Shareholding Structure of Sova Ispat Alloys?

In 2021, Sova Ispat Alloys had a promoter holding of 14.68% and a public holding of 85.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹131.95 Cr

Satisfied Charges

₹14.50 Cr

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 105.82 Cr
  • Indian Overseas Bank : 26.13 Cr

Latest Charge Details

DateLenderAmountStatus
05 Dec 2009Oriental Bank Of Commerce₹41.35 CrOpen
05 May 2003Oriental Bank Of Commerce₹64.47 CrOpen
31 Dec 2001Indian Overseas Bank₹26.13 CrOpen
21 Nov 2002Oriental Bank Of Comemrce₹6.25 CrSatisfied
30 Sep 1999Oriental Bank Of Commerce₹8.25 CrSatisfied

How Many Employees Work at Sova Ispat Alloys?

Sova Ispat Alloys has a workforce of 0 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 Sova Ispat Alloys, 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 Sova Ispat Alloys'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 Sova Ispat Alloys

Recent activity within the organization

  • Annual General Meeting

    Sova Ispat Alloys Limited last Annual general meeting of members was held on 12 Jul 2023 as per latest MCA records.

    12 Jul 2023

  • Balance Sheet

    Sova Ispat Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Goutam Chatterjee was appointed as a Cfo was appointed as a Cfo on 15 Apr 2019 & has been associated with this company since 5 years 10 months .

    15 Apr 2019

  • Charges

    A charge with Indian Overseas Bank of Rs. 26.13 Cr registered on 31 Dec 2001 with Charge ID 90250487 was modified on 30 Mar 2013.

    30 Mar 2013

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 64.47 Cr registered on 05 May 2003 with Charge ID 90250600 was modified on 18 Sep 2012.

    18 Sep 2012

  • Charges

    A charge registered on 30 Sep 1999 via Charge ID 90250356 with Oriental Bank Of Commerce was fully satisfied on 26 Apr 2010.

    26 Apr 2010

Frequently asked questions

  • Sova Ispat Alloys Limited was incorporated on 19 Aug 1998.

  • The authorized share capital of Sova Ispat Alloys Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.96 Cr.

  • Currently 4 directors are associated with Sova Ispat Alloys Limited.

    • Swarup Chatterjee
    • Goutam Chatterjee
    • Samir Mukherjee
    • Goutam Chatterjee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sova Ispat Alloys Limited is Rm No 59 Martin Burn House5Th Flr 1 Rn Mukherjee Rd, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Sova Ispat Alloys Limited is U27104WB1998PLC058051 and the company number is 058051 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sova Ispat Alloys Limited has experienced an downturn of -0.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sova Ispat Alloys Limited amount to ₹ 131.95 Cr.

  • The most recent Balance Sheet for Sova Ispat Alloys Limited was filed with the ROC on 31 Mar 2023.

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