Ashirwad Sponge Iron Private Limited

Ashirwad Sponge Iron Private Limited - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U27100WB2021PTC249457 Incorporated 10 November 2021 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company metals and minerals MSME
Revenue · FY 2025
₹148.54 Cr
▼ 19% YoY
Net profit · FY 2025
₹1.64 Cr
Net margin 1.1%
EBITDA · FY 2025
₹4.38 Cr
EBITDA margin 3%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹38.79 Cr
Issued & subscribed
Open charges
₹256.9 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
26
Provident fund records

About Ashirwad Sponge Iron Private Limited

Data last updated:

Ashirwad Sponge Iron Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 November 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27100WB2021PTC249457. Its GSTIN is 20AAKCB2921N1ZS (Jharkhand).

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹38.79 Cr. It was formerly known as Bankura Steel Private Limited. It is led by directors including Nitin Bhalotia and Mohit Kumar Poddar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Divine Bliss Bl – South 5 – Fr Fl – 5B 2/3 Judges Court Road, Kolkata, West Bengal, India – 700027.

As per the financials filed for FY 2025, the company reported a revenue of ₹148.54 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 1.1%) and EBITDA of ₹4.38 Cr (EBITDA margin 3%).

The company has about 26 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹256.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Ashirwad Sponge Iron Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-JH-06-0017934). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27100WB2021PTC249457
Registration Number 249457
Incorporation Date 10 November 2021
ROC Kolkata
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-JH-06-0017934
Key People
Nitin Bhalotia Director Urvashi Jain Company Secretary Mohit Kumar Poddar Director

Recognitions & Rankings of Ashirwad Sponge Iron

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-JH-06-0017934

Contact details

Ashirwad Sponge Iron Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Divine Bliss Bl – South 5 – Fr Fl – 5B 2/3 Judges Court Road, Kolkata, West Bengal, India – 700027
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

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

Comprehensive company report
Ashirwad Sponge Iron 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 Ashirwad Sponge Iron are manufacturing and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers manufacture of fabricated metal products, except machinery and equipment and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing25Manufacture of fabricated metal products, except machinery and equipment
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles

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

Financials of Ashirwad Sponge Iron Private Limited

FY 2025 filings available

Ashirwad Sponge Iron Private Limited reported revenue of ₹148.54 Cr (down 19% YoY) for FY 2025.

Revenue · FY 2025
₹148.54 Cr ▼ 19%
Net profit · FY 2025
₹1.64 Cr margin 1.1%
EBITDA · FY 2025
₹4.38 Cr margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
EBITDA CAGR growth
3 years · compounded
▲ 229%

Revenue fell 19% 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 2021-22
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₹4.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.64 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 2021-22
Profitability
EBITDA Margin3%
Net Profit Margin1.1%
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 Ashirwad Sponge Iron Private Limited, buy the company report.

Board of directors and KMP of Ashirwad Sponge Iron Private Limited

Ashirwad Sponge Iron Private Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Nitin Bhalotia
Also directs: Gusto Properties LLP, Sawariya Skybuilders LLP, Reliable Prime Estate LLP and 5 more
Director10 Nov 20215 Years 0 MonthsCurrent
Urvashi Jain
Also directs: Kazanan Agro Private Limited, Virtuocity Productions Private Limited, Socialfolks Tech Private Limited and 3 more
Company Secretary02 May 20224 Years 6 MonthsCurrent
Mohit Kumar Poddar
Also directs: Krishna Sponge Iron and Power Private Limited, Jai Mangla Sponge Iron Private Limited, Jai Mangla Sponge Iron Private Limited and 5 more
Director10 Nov 20215 Years 0 MonthsCurrent
Ankit Poddar
Also directs: Krishna Sponge Iron and Power Private Limited, Vananchal Concast Private Limited, Shakambari Ingotech Private Limited and 5 more
Director10 Nov 20215 Years 0 MonthsCurrent
View all directors and KMP

Auditor

Ashirwad Sponge Iron Private Limited is audited by A M S D & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
A M S D & AssociatesFY 2024016392C

Shareholding

The shareholding of Ashirwad Sponge Iron Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹256.9 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹256.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jun 2026101350831State Bank of India₹48 CrOpen
30 Mar 2026101292937State Bank of India₹29.9 CrOpen
03 May 2024100924875State Bank of India₹25 CrOpen
03 May 2024100925266State Bank of India₹25 CrOpen
31 Jan 2024100888577State Bank of India₹40 CrOpen

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

Total charge records: 8 View all charges

MSME payment delays

Ashirwad Sponge Iron Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 20 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 10)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Seven Hills Minerals
Khatu Shyam Iron & Steel Private Limited
Apricot Vintrade Private Limited

To see the full MSME payment records of Ashirwad Sponge Iron Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ashirwad Sponge Iron Private Limited has a workforce of 26 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
26
Active EPFO establishments
2
Employee growth
8.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2726
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18

To see the full employee and EPFO history of Ashirwad Sponge Iron Private Limited, buy the company report.

GST

Ashirwad Sponge Iron has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
20AAKCB2921N1ZSJharkhandActive01 Apr 2022

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

Recent activity

Ashirwad Sponge Iron Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Chandan Mittal ceased to be Director on 07 Jan 2026.

Charges
A charge with State Bank Of India amounted to Rs. 48.00 Cr with Charge ID 101350831 was registered on 05 Jun 2026.
Charges
A charge with State Bank Of India of Rs. 29.90 Cr registered on 30 Mar 2026 with Charge ID 101292937 was modified on 05 Jun 2026.
Charges
A charge with State Bank Of India of Rs. 29.00 Cr registered on 26 Oct 2022 with Charge ID 100627300 was modified on 05 Jun 2026.
Charges
A charge with State Bank Of India amounted to Rs. 29.90 Cr with Charge ID 101292937 was registered on 30 Mar 2026.
Ceased
Chandan Mittal ceased to be Director.
AGM
Ashirwad Sponge Iron Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashirwad Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge with State Bank Of India amounted to Rs. 25.00 Cr with Charge ID 100924875 was registered on 03 May 2024.
Charges
A charge with State Bank Of India amounted to Rs. 25.00 Cr with Charge ID 100925266 was registered on 03 May 2024.
Charges
A charge with State Bank Of India amounted to Rs. 40.00 Cr with Charge ID 100888577 was registered on 31 Jan 2024.
Charges
A charge with State Bank Of India amounted to Rs. 40.00 Cr with Charge ID 100888682 was registered on 31 Jan 2024.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100627279 was registered on 26 Oct 2022.

6 earlier events are in the company report.

Frequently asked questions

Ashirwad Sponge Iron is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 November 2021 (5+ years old) and is registered under CIN U27100WB2021PTC249457.

Ashirwad Sponge Iron has 4 current directors and KMP:

The latest financial statements of Ashirwad Sponge Iron on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Ashirwad Sponge Iron is 20AAKCB2921N1ZS, registered in Jharkhand.

The CIN (Corporate Identification Number) of Ashirwad Sponge Iron is U27100WB2021PTC249457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashirwad Sponge Iron has 1 court case on record: 1 filed by the company.

Ashirwad Sponge Iron was incorporated on 10 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kolkata.

Chandan Mittal ceased to be Director on 07 Jan 2026. Urvashi Jain was appointed as Company Secretary on 02 May 2022. Ankit Poddar was appointed as Director on 10 Nov 2021. Ashirwad Sponge Iron has 5 board changes on record in total.

Yes, Ashirwad Sponge Iron is registered as an MSME under Udyam registration (number: UDYAM-JH-06-0017934).

Ashirwad Sponge Iron has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 20 overdue payments to 10 micro and small suppliers. The latest return was filed on 29 Aug 2023.

The registered office of Ashirwad Sponge Iron is at Divine Bliss Bl – South 5 – Fr Fl – 5B 23 Judges Court Road, Kolkata, West Bengal, India – 700027.