Vision Sponge Iron Private Limited

Manufactures sponge iron, M.S. billets, ferroalloys/pig iron, and has captive power plant.

2002 | Kolkata, West Bengal (India) | Active
Last Updated:

Vision Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.51 Cr
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 166.00 Cr
  • Satisfied Charges ₹ 406.69 Cr
  • Revenue Growth 12.96%
  • Profit Growth 43.95%
  • Ebitda 23.29%
  • Net Worth 27.37%
  • Total Assets 28.18%

About Vision Sponge Iron

Vision Sponge Iron Private Limited (VSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 2002 and has a history of 23 years and two months. Its registered office is in Kolkata, 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 7.00 Cr and a paid-up capital of Rs 6.51 Cr.

The company currently has active open charges totaling ₹166.00 Cr. The company has closed loans amounting to ₹406.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhruv Jhunjhunwala, Shikha Jhunjhunwala, Siddhartha Jhunjhunwala, and One other member 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

    U94315WB2002PTC094315

  • Company No.

    094315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Company report

Vision Sponge Iron Private Limited

Explore comprehensive data for Vision Sponge Iron Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Dhruv Jhunjhunwala Country flag representing In Director 24-Apr-2024Current
Shikha Jhunjhunwala Country flag representing In Director 24-Apr-2024Current
Siddhartha Jhunjhunwala Country flag representing In Director 02-May-2008Current
Sandeep Jhunjhunwala Country flag representing In Director 20-Nov-2023Current

Financial Performance of Vision Sponge Iron.

Vision Sponge Iron Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.96% increase. The company also saw a substantial improvement in profitability, with a 43.95% increase in profit. The company's net worth Soared by an impressive increase of 27.37%.

Vision Sponge Iron revenue growth over time
Vision Sponge Iron 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
12.96%
Revenue from Operations
10.32%
Total Assets
28.18%
Profit or Loss
43.95%
Net Worth
27.37%
EBITDA
23.29%

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

In 2023, Vision Sponge Iron had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹166.00 Cr

Satisfied Charges

₹406.69 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 166.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2010State Bank Of India₹166.00 CrOpen
28 Aug 2013State Bank Of Hyderabad₹6.50 CrSatisfied
08 Aug 2013State Bank Of Travancore₹15.00 CrSatisfied
01 Mar 2012Bank Of Baroda₹8.00 CrSatisfied
29 Feb 2012Indian Overseas Bank₹5.00 CrSatisfied

How Many Employees Work at Vision Sponge Iron?

Vision Sponge Iron has a workforce of 361 employees as of Apr 02, 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 Vision Sponge Iron Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Dhruv Jhunjhunwala was appointed as a Director was appointed as a Director on 24 Apr 2024 & has been associated with this company since 1 year 29 days .

  • Director Appointment

    Shikha Jhunjhunwala was appointed as a Director was appointed as a Director on 24 Apr 2024 & has been associated with this company since 1 year 29 days .

  • Balance Sheet

    Vision Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Sandeep Jhunjhunwala was appointed as a Director was appointed as a Director on 20 Nov 2023 & has been associated with this company since 1 year 6 months .

  • Charges

    A charge registered on 31 Mar 2003 via Charge ID 90248367 with West Bengal Finance Co. was fully satisfied on 09 Jul 2018.

Frequently asked questions

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

    Vision Sponge Iron Private Limited was incorporated on 01 Mar 2002.

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

    The authorized share capital of Vision Sponge Iron Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.51 Cr.

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

    Currently 4 directors are associated with Vision Sponge Iron Private Limited.

    • Dhruv Jhunjhunwala
    • Shikha Jhunjhunwala
    • Siddhartha Jhunjhunwala
    • Sandeep Jhunjhunwala

  • What is the registered address of Vision Sponge Iron Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vision Sponge Iron Private Limited is 227 A J C Bose Road 3Rdfloor 5E Block India, Kolkata, West Bengal, 700020.

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

    The corporate identification number (CIN) of Vision Sponge Iron Private Limited is U94315WB2002PTC094315 and the company number is 094315 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vision Sponge Iron Private Limited?

    The Official website of Vision Sponge Iron Private Limited is https://www.visionsponge.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Vision Sponge Iron Private Limited has risen by 12.96%.

  • How many employees does Vision Sponge Iron Private Limited currently have?

    As Per 2023 financial reports, 361 employees are currently employed by Vision Sponge Iron Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Vision Sponge Iron Private Limited has experienced an upsurge of 27.37%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Vision Sponge Iron Private Limited amount to ₹ 166.00 Cr.

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

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

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