Aarti Sponge And Power Limited

Aarti Sponge And Power Limited

Manufactures sponge iron, MS billet, rolled products, and has captive power plant.

2004 Raipur, Chattisgarh (India) Active

About

Basic Data Updated:

1 month ago

The manufacturing of sponge iron (90000 MTPA), MS billet (138000 MTPA), and rolled products (wire roads & wire drawing products) (150000 MTPA) is the primary focus of Aarti Sponge and Power Limited. Additionally, the company operates a captive power plant (8MW). A mining lease for Iron ore mining in Chhattisgarh state, spanning 31.55 hectares, was granted to the company. In 2004, the company was incorporated and its registered office is situated in Raipur, Chattisgarh.

Industry

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU27102CT2004PLC016615
Company No.016615
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date14 May 2004
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chhattisgarh

Financials of Aarti Sponge And Power Limited

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Aarti Sponge And Power Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.88% increase. The company also saw a substantial improvement in profitability, with a 25.75% increase in profit. The company's net worth Soared by an impressive increase of 17.29%.

Corporate Structure

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People in Aarti Sponge And Power Limited

Executive Team (2)

  • RA

    Rajeev Agrawal In Managing Director

    Appointment Date: 14-May-2004

    Status: Current

  • MM

    Manish Mandal In CFO

    Appointment Date: 01-Apr-2019

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹622.93 cr

₹163.43 cr

LenderAmountStatus

Idbi Bank Limited

Creation Date: 17 Jan 2024
₹15.00 CrOpen

Yes Bank Limited

Creation Date: 11 Oct 2023
₹1.18 CrOpen

Yes Bank Limited

Creation Date: 04 Oct 2023
₹30.00 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Aarti Infrastructure And Buildcon Limited

    Aarti Infrastructure And Buildcon Limited

    Active build-icon 24 years 8 months

    Rajeev Agrawal and Rajeev Mundra are mutual person

  • C.G. Sponge Manufacturers Consortium Coa L Fields Llp

    C.G. Sponge Manufacturers Consortium Coa L Fields Llp

    Active build-icon 7 years 6 months

    Rajeev Agrawal is a mutual person

  • Manish Finlease Private Limited

    Manish Finlease Private Limited

    Active build-icon 29 years 1 month

    Manish Mandal and Sri Mandal are mutual person

  • Shakti Ispat And Energy Limited

    Shakti Ispat And Energy Limited

    Active build-icon 15 years 7 months

    Manish Mandal and Sri Mandal are mutual person

  • Shakti Agencies Private Limited

    Shakti Agencies Private Limited

    Active build-icon 35 years 17 days

    Manish Mandal and Sri Mandal are mutual person

  • Jharsuguda Industries Private Limited

    Jharsuguda Industries Private Limited

    Active build-icon 13 years 5 months

    Manish Mandal is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Idbi Bank Limited amounted to Rs. 15.00 cr with Charge ID 100858627 was registered on 17 Jan 2024.

    17 Jan 2024
  • Activity

    Charges

    A charge with Yes Bank Limited amounted to Rs. 1.18 cr with Charge ID 100799664 was registered on 11 Oct 2023.

    11 Oct 2023
  • Activity

    Charges

    A charge with Yes Bank Limited amounted to Rs. 30.00 cr with Charge ID 100803547 was registered on 04 Oct 2023.

    04 Oct 2023
  • Activity

    Annual General Meeting

    Aarti Sponge And Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Aarti Sponge And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

    31 Mar 2023

Frequently asked questions

What is the Incorporation or founding date of Aarti Sponge And Power Limited?

Aarti Sponge And Power Limited was incorporated 20 years 20 days ago on 14 May 2004 with Registrar of Companies Roc Chhattisgarh.

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