Venkateshwara Sponge & Iron Company Private Limited

Manufactures sponge iron and trades coal with 100 MT capacity.

2005 | Howrah, West Bengal (India) | Active
Last Updated:

Venkateshwara Sponge & Iron Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.09 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.60 Cr
  • Satisfied Charges ₹ 28.68 Cr
  • Revenue Growth 17.82%
  • Profit Growth 4.47%
  • Ebitda 559.24%
  • Net Worth 3.33%
  • Total Assets 10.75%

About Venkateshwara Sponge & Iron Company

Venkateshwara Sponge & Iron Company Private Limited (VSICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 2005 and has a history of 19 years and nine months. Its registered office is in Howrah, West Bengal, 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 5.00 Cr and a paid-up capital of Rs 3.09 Cr.

The company currently has active open charges totaling ₹46.60 Cr. The company has closed loans amounting to ₹28.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Priyanka Roy and Saurabh Kumar serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27102WB2005PTC103293

  • Company No.

    103293

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Venkateshwara Sponge & Iron Company?

Board Members (2)

NameDesignationAppointment DateStatus
Priyanka Roy Country flag representing In Director 19-Jul-2024Current
Saurabh Kumar Country flag representing In Director 17-Apr-2012Current

Financial Performance of Venkateshwara Sponge & Iron Company.

Venkateshwara Sponge & Iron Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.82% increase. The company also saw a slight improvement in profitability, with a 4.47% increase in profit. The company's net worth moved up by a moderate rise of 3.33%.

Venkateshwara Sponge & Iron Company revenue growth over time
Venkateshwara Sponge & Iron Company 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
17.82%
Revenue from Operations
20.96%
Total Assets
10.75%
Profit or Loss
4.47%
Net Worth
3.33%
EBITDA
559.24%

What is the Ownership and Shareholding Structure of Venkateshwara Sponge & Iron Company?

In 2023, Venkateshwara Sponge & Iron Company had a promoter holding of 70.39% and a public holding of 29.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.60 Cr

Satisfied Charges

₹28.68 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 46.60 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2023Bank Of India₹2.95 MOpen
26 Oct 2021Bank Of India₹1.30 CrOpen
24 Mar 2014Bank Of India₹45.00 CrOpen
03 Aug 2024Bank Of India₹4.50 CrSatisfied
31 May 2023Bank Of India₹3.00 CrSatisfied

How Many Employees Work at Venkateshwara Sponge & Iron Company?

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

Employee growth trends for Venkateshwara Sponge & Iron Company Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venkateshwara Sponge & Iron Company, 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 Venkateshwara Sponge & Iron Company'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 Venkateshwara Sponge & Iron Company

Recent activity within the organization

  • Charges

    A charge registered on 03 Aug 2024 via Charge ID 100957183 with Bank Of India was fully satisfied on 06 Dec 2024.

  • Charges

    A charge registered on 21 Jul 2020 via Charge ID 100368515 with Bank Of India was fully satisfied on 06 Dec 2024.

  • Charges

    A charge with Bank Of India of Rs. 45.00 Cr registered on 24 Mar 2014 with Charge ID 10504089 was modified on 12 Nov 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Bank Of India amounted to Rs. 4.50 Cr with Charge ID 100957183 was registered on 03 Aug 2024.

  • Director Appointment

    Priyanka Roy was appointed as a Director was appointed as a Director on 19 Jul 2024 & has been associated with this company since 7 months 23 days .

Frequently asked questions

  • What is the Incorporation or founding date of Venkateshwara Sponge & Iron Company Private Limited?

    Venkateshwara Sponge & Iron Company Private Limited was incorporated on 25 May 2005.

  • What is authorized share capital and paid-up capital of Venkateshwara Sponge & Iron Company Private Limited?

    The authorized share capital of Venkateshwara Sponge & Iron Company Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.09 Cr.

  • Who are the current board members & directors of Venkateshwara Sponge & Iron Company Private Limited?

    Currently 2 directors are associated with Venkateshwara Sponge & Iron Company Private Limited.

    • Priyanka Roy
    • Saurabh Kumar

  • What is the registered address of Venkateshwara Sponge & Iron Company Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Venkateshwara Sponge & Iron Company Private Limited is 34/35/2/1 Block-E Flat No.3A Shiv Shakti Apart. 31 Aurobindo Road, Salkia India, Howrah, West Bengal, 711106.

  • What is the corporate identification number (CIN) and company number of Venkateshwara Sponge & Iron Company Private Limited?

    The corporate identification number (CIN) of Venkateshwara Sponge & Iron Company Private Limited is U27102WB2005PTC103293 and the company number is 103293 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Venkateshwara Sponge & Iron Company Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Venkateshwara Sponge & Iron Company Private Limited has risen by 17.82%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Venkateshwara Sponge & Iron Company Private Limited has experienced an upsurge of 3.33%.

  • What are the total open charges for Venkateshwara Sponge & Iron Company Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Venkateshwara Sponge & Iron Company Private Limited amount to ₹ 46.60 Cr.

  • When was the last Balance Sheet of Venkateshwara Sponge & Iron Company Private Limited filed with the ROC?

    The most recent Balance Sheet for Venkateshwara Sponge & Iron Company Private Limited was filed with the ROC on 31 Mar 2024.

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