Suryaa Sponge Iron Limited

Manufactures sponge iron cast fittings with 84,000 MT capacity and 1 MW power generation.

1996 | Jajpur, Orissa (India) | Active
Last Updated: December 04, 2024

Suryaa Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.65 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 14.65 Cr
  • Satisfied Charges ₹ 3.20 Cr
  • Revenue Growth -56.72%
  • Profit Growth -67.88%
  • Ebitda 47.53%
  • Net Worth 0.06%
  • Total Assets -0.02%

About Suryaa Sponge Iron

Suryaa Sponge Iron Limited (SSIL) is a Public Limited Indian Non-Government Company incorporated in India on 30 May 1996 and has a history of 28 years and eight months. Its registered office is in Jajpur, Orissa.

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 2017. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 13.65 Cr.

The company currently has active open charges totaling ₹14.65 Cr. The company has closed loans amounting to ₹3.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Srivastava, Nirmal Dash, and Buntesh Upadhyaya serve as directors at the Company.

Company Details

  • Location
    Jajpur, Orissa
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102OR1996PLC004452

  • Company No.

    004452

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 May 1996

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals
Energy and Power

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

Board Members (3)

Name Designation Appointment Date Status
Vinod Srivastava Country flag representing In Additional Director 28-Aug-2012 Current
Nirmal Dash Country flag representing In Additional Director 02-May-2018 Current
Buntesh Upadhyaya Country flag representing In Director 04-Jul-2013 Current

Financial Performance of Suryaa Sponge Iron.

Suryaa Sponge Iron Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 56.72% decrease. The company also saw a substantial fall in profitability, with a 67.88% decrease in profit. The company's net worth moved up by a moderate rise of 0.06%.

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
-56.72%
Revenue from Operations
Total Assets
-0.02%
Profit or Loss
-67.88%
Net Worth
0.06%
EBITDA
47.53%

What is the Ownership and Shareholding Structure of Suryaa Sponge Iron?

In 2017, Suryaa Sponge Iron had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.65 Cr

Satisfied Charges

₹3.20 Cr

Charges Breakdown by Lending Institutions

  • Pegasus Group Three Trust - Iii - Pegasus Assets Reconstruction Private Limited : 14.65 Cr

Latest Charge Details

Date Lender Amount Status
18 Jan 2003 Pegasus Group Three Trust - Iii - Pegasus Assets Reconstruction Private Limited ₹14.65 Cr Open
04 Sep 1998 State Bnak Of India ₹8.00 M Satisfied
29 Oct 1997 Industrial Promotion & Investment Corporation Of Orissa Ltd ₹1.20 Cr Satisfied
24 Oct 1997 Orissa State Financial Corporation ₹1.20 Cr Satisfied

How Many Employees Work at Suryaa Sponge Iron?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Suryaa 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 Suryaa 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 Suryaa Sponge Iron

Recent activity within the organization

  • Director Appointment

    Nirmal Kumar Dash was appointed as a Additional Director was appointed as a Additional Director on 02 May 2018 & has been associated with this company since 6 years 9 months .

    02 May 2018

  • Annual General Meeting

    Suryaa Sponge Iron Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Suryaa Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Cuttack.

    31 Mar 2017

  • Charges

    A charge with Pegasus Group Three Trust - Iii - Pegasus Assets Reconstruction Private Limited of Rs. 14.65 Cr registered on 18 Jan 2003 with Charge ID 90080071 was modified on 27 Sep 2013.

    27 Sep 2013

  • Director Appointment

    Buntesh Upadhyaya was appointed as a Director was appointed as a Director on 04 Jul 2013 & has been associated with this company since 11 years 7 months .

    04 Jul 2013

  • Director Appointment

    Vinod Kumar Srivastava was appointed as a Additional Director was appointed as a Additional Director on 28 Aug 2012 & has been associated with this company since 12 years 5 months .

    28 Aug 2012

Frequently asked questions

  • Suryaa Sponge Iron Limited was incorporated on 30 May 1996.

  • The authorized share capital of Suryaa Sponge Iron Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.65 Cr.

  • Currently 3 directors are associated with Suryaa Sponge Iron Limited.

    • Vinod Kumar Srivastava
    • Nirmal Kumar Dash
    • Buntesh Upadhyaya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suryaa Sponge Iron Limited is Budhakendua Kalakala India, Jajpur, Orissa, 753082.

  • The corporate identification number (CIN) of Suryaa Sponge Iron Limited is U27102OR1996PLC004452 and the company number is 004452 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Suryaa Sponge Iron Limited has fallen by -56.72%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Suryaa Sponge Iron Limited has experienced an upsurge of 0.06%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Suryaa Sponge Iron Limited amount to ₹ 14.65 Cr.

  • The most recent Balance Sheet for Suryaa Sponge Iron Limited was filed with the ROC on 31 Mar 2017.

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