Sunil Sponge Private Limited

Manufacturer of steel products, including sponge iron, billets, flats, and structural steel.

2003 | Raipur, Chattisgarh (India) | Active
Last Updated:

Sunil Sponge Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.93 Cr
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.46 Cr
  • Satisfied Charges ₹ 33.29 Cr
  • Revenue Growth -7.79%
  • Profit Growth 67.27%
  • Ebitda 21.62%
  • Net Worth 22.05%
  • Total Assets -1.30%

About Sunil Sponge

Sunil Sponge Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 2003 and has a history of 22 years and two months. Its registered office is in Raipur, Chattisgarh, 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 7.00 Cr and a paid-up capital of Rs 6.93 Cr.

The company currently has active open charges totaling ₹50.46 Cr. The company has closed loans amounting to ₹33.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jugal Madnani, Ashish Nachrani, Dhruv Nachrani, and Six other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27102CT2003PTC015532

  • Company No.

    015532

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Sunil Sponge Private Limited offer?

Sunil Sponge Private Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore.

Who are the key members and board of directors at Sunil Sponge?

Board Members (9)

NameDesignationAppointment DateStatus
Jugal Madnani Country flag representing In Director 16-Mar-2009Current
Ashish Nachrani Country flag representing In Director 11-Oct-2019Current
Dhruv Nachrani Country flag representing In Director 30-May-2024Current
Manish Choubey Country flag representing In Director 11-Oct-2019Current
Ritesh Madnani Country flag representing In Director 25-May-2024Current
Pushpa Madhanani Country flag representing In Director 16-Mar-2009Current

Financial Performance of Sunil Sponge.

Sunil Sponge Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.79% decrease. The company also saw a substantial improvement in profitability, with a 67.27% increase in profit. The company's net worth Soared by an impressive increase of 22.05%.

Sunil Sponge revenue growth over time
Sunil Sponge 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
-7.79%
Revenue from Operations
-8.35%
Total Assets
-1.30%
Profit or Loss
67.27%
Net Worth
22.05%
EBITDA
21.62%

What is the Ownership and Shareholding Structure of Sunil Sponge?

In 2023, Sunil Sponge had a promoter holding of 7.43% and a public holding of 92.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.46 Cr

Satisfied Charges

₹33.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr
  • Hdfc Bank Limited : 0.46 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2020Hdfc Bank Limited₹4.60 MOpen
15 Nov 2003Others₹50.00 CrOpen
16 Nov 2021Others₹2.31 CrSatisfied
08 Jan 2021Others₹4.62 CrSatisfied
02 Jul 2020Others₹2.35 CrSatisfied

How Many Employees Work at Sunil Sponge?

Sunil Sponge has a workforce of 268 employees as of Mar 22, 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 Sunil Sponge Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sunil 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 Sunil 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 Sunil Sponge

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Dhruv Nachrani was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 9 months 28 days .

  • Director Appointment

    Ritesh Madnani was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 10 months 2 days .

  • Balance Sheet

    Sunil Sponge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge registered on 02 Jul 2020 via Charge ID 100346947 with Others was fully satisfied on 08 Jun 2023.

  • Charges

    A charge registered on 16 Nov 2021 via Charge ID 100509684 with Others was fully satisfied on 03 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sunil Sponge Private Limited?

    Sunil Sponge Private Limited was incorporated on 24 Jan 2003.

  • What is authorized share capital and paid-up capital of Sunil Sponge Private Limited?

    The authorized share capital of Sunil Sponge Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.93 Cr.

  • Who are the current board members & directors of Sunil Sponge Private Limited?

    Currently 9 directors are associated with Sunil Sponge Private Limited.

    • Jugal Madnani
    • Ashish Nachrani
    • Dhruv Nachrani
    • Manish Kumar Choubey
    • Ritesh Madnani
    • Pushpa Madhanani
    • Kavita Nachrani
    • Sanjay Nachrani
    • Anil Nachrani

  • What is the registered address of Sunil Sponge Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sunil Sponge Private Limited is House No. 11 Jalvihar Colony India, Raipur, Chattisgarh, 492001.

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

    The corporate identification number (CIN) of Sunil Sponge Private Limited is U27102CT2003PTC015532 and the company number is 015532 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sunil Sponge Private Limited?

    The Official website of Sunil Sponge Private Limited is https://www.sunilgroupofindustries.com

  • What has been the recent revenue trend for Sunil Sponge Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sunil Sponge Private Limited has fallen by -7.79%.

  • How many employees does Sunil Sponge Private Limited currently have?

    As Per 2023 financial reports, 268 employees are currently employed by Sunil Sponge Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sunil Sponge Private Limited has experienced an upsurge of 22.05%.

  • What are the total open charges for Sunil Sponge Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sunil Sponge Private Limited amount to ₹ 50.46 Cr.

  • When was the last Balance Sheet of Sunil Sponge Private Limited filed with the ROC?

    The most recent Balance Sheet for Sunil Sponge Private Limited was filed with the ROC on 31 Mar 2024.