Sps Steels Rolling Mills Limited

Manufacturer of QST bars, sponge iron, billets, and TMT bars with production units in West Bengal and Himachal Pradesh.

1981 | Kolkata, West Bengal (India) | Active
Last Updated:

Sps Steels Rolling Mills Profile

Key Indicators

  • Authorised Capital ₹ 82.50 Cr
  • Paid Up Capital ₹ 80.50 Cr
  • Company Age 43 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,157.85 Cr
  • Satisfied Charges ₹ 2,873.40 Cr
  • Revenue Growth 42.52%
  • Profit Growth 209.89%
  • Ebitda 64.85%
  • Net Worth 117.29%
  • Total Assets 14.40%

About Sps Steels Rolling Mills

Sps Steels Rolling Mills Limited (SSRML) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 1981 and has a history of 43 years and three months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Elegant Commerce Ltd. 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 82.50 Cr and a paid-up capital of Rs 80.50 Cr.

The company currently has active open charges totaling ₹1,157.85 Cr. The company has closed loans amounting to ₹2,873.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sps Steels Rolling Mills Limited India are Ashutosh Sharma as COMPANY SECRETARY and Binod Agrawal as Cfo. Deepak Agarwal, Vikrant Ranjan, Ashok Sharma, and Two other members 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

    L51909WB1981PLC034409

  • Company No.

    034409

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 1981

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Sps Steels Rolling Mills Limited offer?

Sps Steels Rolling Mills Limited offers a wide range of products and services, including Binding Wire, Mild Steel Binding Wire, Steel Bars, Rods, Plates & Sheets, Steel Bars, TMT Bars, Iron TMT Bar, TMT Steel Bars, QST Bars, Cut & Bend TMT Bar, Mild Steel TMT Bars.

Company report

Sps Steels Rolling Mills Limited

Explore comprehensive data for Sps Steels Rolling Mills Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sps Steels Rolling Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Deepak Agarwal Country flag representing In Managing Director11-Apr-2019Current
Ashutosh Sharma Country flag representing In Company Secretary20-Jun-2019Current
Binod Agrawal Country flag representing In CFO20-Jun-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Vikrant Ranjan Country flag representing In Director 30-May-2023Current
Ashok Sharma Country flag representing In Director 13-Aug-2021Current
Pranab Sarkar Country flag representing In Director 01-Aug-2023Current
Priyanka Goenka Country flag representing In Director 20-Jun-2019Current

Financial Performance of Sps Steels Rolling Mills.

Sps Steels Rolling Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.52% increase. The company also saw a substantial improvement in profitability, with a 209.89% increase in profit. The company's net worth Soared by an impressive increase of 117.29%.

Sps Steels Rolling Mills revenue growth over time
Sps Steels Rolling Mills 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
42.52%
Revenue from Operations
40.01%
Total Assets
14.40%
Profit or Loss
209.89%
Net Worth
117.29%
EBITDA
64.85%

What is the Ownership and Shareholding Structure of Sps Steels Rolling Mills?

In 2022, Sps Steels Rolling Mills had a promoter holding of 74.92% and a public holding of 25.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,157.85 Cr

Satisfied Charges

₹2,873.40 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 690.71 Cr
  • Others : 455.02 Cr
  • Indian Bank : 8.12 Cr
  • Axis Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2024Indian Bank₹8.12 CrOpen
27 Sep 2023Axis Bank Limited₹4.00 CrOpen
12 Oct 2022Sbicap Trustee Company Limited₹249.92 CrOpen
12 Oct 2022Sbicap Trustee Company Limited₹325.79 CrOpen
12 Jul 2022Sbicap Trustee Company Limited₹115.00 CrOpen

How Many Employees Work at Sps Steels Rolling Mills?

Sps Steels Rolling Mills has a workforce of 821 employees as of Apr 07, 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.

Employee growth trends for Sps Steels Rolling Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sps Steels Rolling Mills, 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 Sps Steels Rolling Mills'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 Sps Steels Rolling Mills

Recent activity within the organization

  • Annual General Meeting

    Sps Steels Rolling Mills Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sps Steels Rolling Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Indian Bank amounted to Rs. 8.12 Cr with Charge ID 100870472 was registered on 01 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100814093 was registered on 27 Sep 2023.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 325.79 Cr registered on 12 Oct 2022 with Charge ID 100622682 was modified on 13 Sep 2023.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 115.00 Cr registered on 12 Jul 2022 with Charge ID 100597110 was modified on 13 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sps Steels Rolling Mills Limited?

    Sps Steels Rolling Mills Limited was incorporated on 26 Dec 1981.

  • What is authorized share capital and paid-up capital of Sps Steels Rolling Mills Limited?

    The authorized share capital of Sps Steels Rolling Mills Limited is ₹ 82.50 Cr and paid-up capital is ₹ 80.50 Cr.

  • Who are the current board members & directors of Sps Steels Rolling Mills Limited?

    Currently 7 directors are associated with Sps Steels Rolling Mills Limited.

    • Deepak Kumar Agarwal
    • Vikrant Ranjan
    • Ashok Kumar Sharma
    • Ashutosh Sharma
    • Binod Kumar Agrawal
    • Pranab Sarkar
    • Priyanka Goenka

  • What is the registered address of Sps Steels Rolling Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sps Steels Rolling Mills Limited is Diamond Prestige 41A A.J.C Bose Road 7Th Floor, Room N O.701 India, Kolkata, West Bengal, 700017.

  • What is the corporate identification number (CIN) and company number of Sps Steels Rolling Mills Limited?

    The corporate identification number (CIN) of Sps Steels Rolling Mills Limited is L51909WB1981PLC034409 and the company number is 034409 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sps Steels Rolling Mills Limited?

    The Official website of Sps Steels Rolling Mills Limited is https://www.spsgroup.co.in

  • What has been the recent revenue trend for Sps Steels Rolling Mills Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sps Steels Rolling Mills Limited has risen by 42.52%.

  • How many employees does Sps Steels Rolling Mills Limited currently have?

    As Per 2023 financial reports, 821 employees are currently employed by Sps Steels Rolling Mills Limited.

  • What change has been observed in the net worth of Sps Steels Rolling Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sps Steels Rolling Mills Limited has experienced an upsurge of 117.29%.

  • What are the total open charges for Sps Steels Rolling Mills Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sps Steels Rolling Mills Limited amount to ₹ 1,157.85 Cr.

  • When was the last Balance Sheet of Sps Steels Rolling Mills Limited filed with the ROC?

    The most recent Balance Sheet for Sps Steels Rolling Mills Limited was filed with the ROC on 31 Mar 2024.

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