Agrasen Sponge Private Limited

Agrasen Sponge Private Limited - metals and minerals in Rajgangpur, Odisha, India. FY 2026 financials & compliance.
CIN U27102OR2003PTC007124 Incorporated 22 April 2003 ROC Cuttack HQ Rajgangpur, Odisha, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹154.85 Cr
▼ 14% YoY
Net profit · FY 2025
₹10.87 Cr
Net margin 7%
EBITDA · FY 2025
₹24.36 Cr
EBITDA margin 15.7%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹7.85 Cr
Issued & subscribed
Open charges
₹53.94 Cr
Satisfied ₹8.95 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
86
Provident fund records

About Agrasen Sponge Private Limited

Data last updated:

Agrasen Sponge Private Limited is a private limited company based in Rajgangpur, Odisha, India, a subsidiary of Udayachal Viniyog Pvt Ltd. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 22 April 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2003PTC007124. Its GSTIN is 21AAECA2435J1Z4 (Odisha).

The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹7.85 Cr. It is led by directors Murari Lal Sharma and Raj Kumar Dadhichi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mandiakudar Chungimati Kansbahal, Rajgangpur, Odisha, India – 770034.

As per the financials filed for FY 2025, the company reported a revenue of ₹154.85 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹10.87 Cr (net margin 7%) and EBITDA of ₹24.36 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 14% over five years.

The company has about 86 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹53.94 Cr and satisfied charges of ₹8.95 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 5 cases are pending. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.5 Cr; the latest was in February 2020. Its 3 peer companies in the Metals and Minerals industry (Mining, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Modern Rolls & Engineering Private Limited with revenue of ₹156.06 Cr.

Agrasen Sponge Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0000419). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27102OR2003PTC007124
Registration Number 007124
Incorporation Date 22 April 2003
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Udayachal Viniyog Pvt Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-30-0000419
Key People
Murari Lal Sharma Director Raj Kumar Dadhichi Director

Recognitions & Rankings of Agrasen Sponge

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-OD-30-0000419

Contact details

Agrasen Sponge Private Limited's registered office is in Rajgangpur, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Mandiakudar Chungimati Kansbahal, Rajgangpur, Odisha, India – 770034
  • Industry
    Metals and Minerals, Mining & Mineral Extraction, Steel Manufacturing & Processing

To see the full contact details of Agrasen Sponge Private Limited, buy the company report.

Comprehensive company report
Agrasen Sponge Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activities of Agrasen Sponge are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Agrasen Sponge Private Limited, buy the company report.

Financials of Agrasen Sponge Private Limited

FY 2024 filings available

Agrasen Sponge Private Limited reported revenue of ₹154.85 Cr (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹154.85 Cr ▼ 14%
Net profit · FY 2025
₹10.87 Cr margin 7%
EBITDA · FY 2025
₹24.36 Cr margin 15.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 11%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 17%
5 years · compounded
▲ 24%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹24.36 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.87 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15.7%
Net Profit Margin7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Agrasen Sponge Private Limited, buy the company report.

Board of directors of Agrasen Sponge Private Limited

Agrasen Sponge has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Murari Lal Sharma
Also directs: Prabhu Sponge Private Limited, Udayachal Viniyog Pvt Ltd
Director20 Apr 201016 Years 6 MonthsCurrent
Raj Kumar Dadhichi
Also directs: Mata Dadhimati Metals & Minerals Private Limited
Director09 Mar 201016 Years 8 MonthsCurrent
View all directors

Peer comparison

Agrasen Sponge Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Mining, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Modern Rolls & Engineering Private Limited₹156.06 Cr (FY 2025)-1.0%Vadodara, Gujarat, India
Dayal Steels Limited₹154.92 Cr (FY 2025)-9.0%Patna, Bihar, India
Agrasen Sponge Private Limitedthis company₹154.85 Cr (FY 2025)₹10.87 Cr7%-14.0%86Rajgangpur, Odisha, India
Monga Brothers Limited₹154.67 Cr (FY 2025)-3.0%Punjab, India

To see the full peer comparison of Agrasen Sponge Private Limited, buy the company report.

Auditor

Agrasen Sponge Private Limited is audited by R. GOPAL AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R. GOPAL AND ASSOCIATESFY 2023000846C

Shareholding

The shareholding of Agrasen Sponge Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Agrasen Sponge Private Limited, buy the company report.

Charges & borrowings

Open charges
₹53.94 Cr
Satisfied charges
₹8.95 Cr
Breakdown by lending institutions
Uco Bank₹47.69 Cr
Hdfc Bank Limited₹6.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Nov 2024101055427Uco Bank₹27 LakhOpen
12 Nov 2024101001152Uco Bank₹2.3 CrOpen
26 Jul 2024100966281Uco Bank₹18.3 LakhOpen
28 Mar 2023100736785Hdfc Bank Limited₹3.68 CrOpen
10 Nov 2022100644228Hdfc Bank Limited₹1.3 CrOpen

To see the full charge records of Agrasen Sponge Private Limited, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Agrasen Sponge Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.5 Cr; the latest was in February 2020.

Total deals
7
Funding rounds
3
Secondary share transfers
3
Rights issue
1
Disclosed funding
₹11.5 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Dec 2012Funding round₹5.1 CrInvestors: Udayachal Viniyog Pvt Ltd , Arun Kumar Dadhichi HUF
Mar 2011Funding round₹5.89 CrInvestors: Udayachal Viniyog Pvt Ltd
Mar 2011Secondary share transferUndisclosedBuyer: Kushal Metals & Minerals Private Limited
Seller: Mata Dadhimati Metals & Minerals Private Limited
May 2010Secondary share transferUndisclosedBuyer: Udayachal Viniyog Pvt Ltd , Mata Dadhimati Metals & Minerals Private Limited
Seller: DPD International Pvt Ltd , Annupurna Marketing Co Private Limited, 2 individuals
Sep 2009Secondary share transferUndisclosedBuyer: Udayachal Viniyog Pvt Ltd , an individual
Seller: Ganesh Kumar Agarwal HUF, 3 individuals

To see the full deal history of Agrasen Sponge Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Agrasen Sponge Private Limited was last rated by Crisil on 09 Sep 2020.

Rating agencyRated onRating
Crisil09 Sep 2020

To see the full credit ratings and regulatory alerts of Agrasen Sponge Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Agrasen Sponge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Agrasen Sponge Private Limited has a workforce of 86 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
86
Active EPFO establishments
1

GST

Agrasen Sponge has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AAECA2435J1Z4OdishaActive01 Jul 2017

To see the full GST registrations and return filing status of Agrasen Sponge Private Limited, buy the company report.

Recent activity

Agrasen Sponge Private Limited has 13 board changes on record since 2008: 2 appointments and 11 cessations. The latest: Mukesh Kumar Dadhich ceased to be Director on 31 Jul 2021.

Charges
A charge registered on 22 Sep 2025 via Charge ID 101165316 with Uco Bank was fully satisfied on 20 Dec 2025.
Charges
A charge with Uco Bank amounted to Rs. 3.75 Cr with Charge ID 101165316 was registered on 22 Sep 2025.
Charges
A charge with Uco Bank of Rs. 44.94 Cr registered on 03 Mar 2004 with Charge ID 90082043 was modified on 04 Sep 2025.
Charges
A charge registered on 10 Feb 2022 via Charge ID 100540863 with Uco Bank was fully satisfied on 02 Dec 2024.
Charges
A charge registered on 10 Feb 2022 via Charge ID 100540865 with Uco Bank was fully satisfied on 02 Dec 2024.
Charges
A charge with Uco Bank amounted to Rs. 0.27 Cr with Charge ID 101055427 was registered on 30 Nov 2024.
Charges
A charge with Uco Bank amounted to Rs. 2.30 Cr with Charge ID 101001152 was registered on 12 Nov 2024.
AGM
Agrasen Sponge Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Uco Bank amounted to Rs. 0.18 Cr with Charge ID 100966281 was registered on 26 Jul 2024.
Charges
A charge registered on 18 Aug 2020 via Charge ID 100366709 with Hdfc Bank Limited was fully satisfied on 07 Jun 2024.
Filing
Agrasen Sponge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.68 Cr with Charge ID 100736785 was registered on 28 Mar 2023.

24 earlier events are in the company report.

Frequently asked questions

Agrasen Sponge is an active private limited company based in Rajgangpur, Odisha, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 22 April 2003 (23+ years old) and is registered under CIN U27102OR2003PTC007124.

Agrasen Sponge has 2 current directors:

The latest financial statements of Agrasen Sponge on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Agrasen Sponge is 21AAECA2435J1Z4, registered in Odisha.

The CIN (Corporate Identification Number) of Agrasen Sponge is U27102OR2003PTC007124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Agrasen Sponge has 10 court cases on record: 7 filed by the company and 3 filed against it. 5 are pending. Most are in the high courts.

Agrasen Sponge was incorporated on 22 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Cuttack.

Agrasen Sponge has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.5 Cr; the latest was in February 2020.

The peers of Agrasen Sponge by revenue are Modern Rolls & Engineering Private Limited, Dayal Steels Limited, Monga Brothers Limited, all in the Metals and Minerals industry (Mining, Steel), with the same principal business activity (metal and metal products).

Mukesh Kumar Dadhich ceased to be Director on 31 Jul 2021. Ankita Agarwal ceased to be Company Secretary on 01 May 2020. Arun Kumar Dadhichi ceased to be Director on 13 Jan 2014. Agrasen Sponge has 13 board changes on record in total.

Yes, Agrasen Sponge is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-30-0000419).