Sri Sai Saptagiri Sponge Private Limited

Manufactures sponge iron with 15000 TPA capacity in Karnataka since 2008.

2008 | Bellary, Karnataka (India) | Active
Last Updated: December 03, 2024

Sri Sai Saptagiri Sponge Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 25.11 Cr
  • Revenue Growth -60.92%
  • Profit Growth -76.79%
  • Ebitda 75.14%
  • Net Worth 1.52%
  • Total Assets -18.81%

About Sri Sai Saptagiri Sponge

Sri Sai Saptagiri Sponge Private Limited (SSSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 July 2008 and has a history of 16 years and seven 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 10.00 Cr and a paid-up capital of Rs 5.50 Cr.

The company has closed loans amounting to ₹25.11 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Saileela Pidikiti and Andra Sreeram 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

    U13100KA2008PTC047038

  • Company No.

    047038

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 2008

  • Date of AGM

    30 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 Sri Sai Saptagiri Sponge?

Board Members (2)

NameDesignationAppointment DateStatus
Saileela Pidikiti Country flag representing In Director 04-Nov-2008Current
Andra Sreeram Country flag representing In Director 25-Sep-2020Current

Financial Performance of Sri Sai Saptagiri Sponge.

Sri Sai Saptagiri Sponge Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 60.92% decrease. The company also saw a substantial fall in profitability, with a 76.79% decrease in profit. The company's net worth moved up by a moderate rise of 1.52%.

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
-60.92%
Revenue from Operations
-71.41%
Total Assets
-18.81%
Profit or Loss
-76.79%
Net Worth
1.52%
EBITDA
75.14%

What is the Ownership and Shareholding Structure of Sri Sai Saptagiri Sponge?

In 2021, Sri Sai Saptagiri Sponge had a promoter holding of 54.55% and a public holding of 45.45%. 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

₹25.11 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 25.11 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2011State Bank Of Mysore₹16.16 CrSatisfied
19 Mar 2010State Bank Of Mysore₹8.95 CrSatisfied

How Many Employees Work at Sri Sai Saptagiri Sponge?

Sri Sai Saptagiri Sponge has a workforce of 0 employees as of Apr 08, 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 Sri Sai Saptagiri Sponge, 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 Sri Sai Saptagiri Sponge'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 Sri Sai Saptagiri Sponge

Recent activity within the organization

  • Annual General Meeting

    Sri Sai Saptagiri Sponge Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sri Sai Saptagiri Sponge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Andra Venkata Sai Sreeram was appointed as a Director was appointed as a Director on 25 Sep 2020 & has been associated with this company since 4 years 4 months .

    25 Sep 2020

  • Charges

    A charge registered on 19 Apr 2011 via Charge ID 10283388 with State Bank Of Mysore was fully satisfied on 30 Oct 2019.

    30 Oct 2019

  • Charges

    A charge registered on 19 Mar 2010 via Charge ID 10208146 with State Bank Of Mysore was fully satisfied on 30 Oct 2019.

    30 Oct 2019

  • Charges

    A charge with State Bank Of Mysore of Rs. 16.16 Cr registered on 19 Apr 2011 with Charge ID 10283388 was modified on 17 Jan 2015.

    17 Jan 2015

Frequently asked questions

  • Sri Sai Saptagiri Sponge Private Limited was incorporated on 04 Jul 2008.

  • The authorized share capital of Sri Sai Saptagiri Sponge Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 2 directors are associated with Sri Sai Saptagiri Sponge Private Limited.

    • Saileela Pidikiti
    • Andra Venkata Sai Sreeram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sai Saptagiri Sponge Private Limited is Sy.No. 83/A, Tumti Road Belagal Village India, Bellary, Karnataka, 583115.

  • The corporate identification number (CIN) of Sri Sai Saptagiri Sponge Private Limited is U13100KA2008PTC047038 and the company number is 047038 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sri Sai Saptagiri Sponge Private Limited has fallen by -60.92%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sri Sai Saptagiri Sponge Private Limited has experienced an upsurge of 1.52%.

  • The most recent Balance Sheet for Sri Sai Saptagiri Sponge Private Limited was filed with the ROC on 31 Mar 2023.

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