Banspani Iron Ltd - Company Profile

It is a environment public limited company based in Keonjhar, Orissa, India, established in 1994.
1994 Keonjhar, Orissa, India Active
Last Updated:
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About Banspani Iron Ltd

Banspani Iron Ltd, a active public limited company, was established on 16 September 1994 in Keonjhar, Orissa, India. Engaging in wind energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U51420OR1994PLC003707. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹2.70 Cr.

It upholds a compliant status. Employing 71 professional, Its leadership includes Sandip De (Director), Hirak Mazumder (Director), Saroj Kumar Patnaik (Whole-Time Director). Past directors included Sandip De, Hirak Mazumder, Nandlal Rungta. It holds ₹8.50 M open charges and ₹26.24 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Banaikala,Joda, Keonjhar, Orissa, 758038.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U51420OR1994PLC003707

  • Registration Number

    003707

  • Incorporation Date

    16 September 1994

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹2.70 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 8.50 M
  • Satisfied Charges ₹ 26.24 Cr
  • Revenue Growth **** -12.46%
  • Profit Growth **** -5.90%
  • Ebitda **** -43.63%
  • Net Worth 1.68%
  • Total Assets **** 0.74%
Company report

Banspani Iron Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Banspani Iron Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Banspani Iron Ltd?
Current Directors
Name Designation Appointment Date Status
Sandip De Director 30 Jun 2023 Current
Hirak Mazumder Director 30 Jun 2023 Current
Saroj Kumar Patnaik Whole-Time Director 16 Sep 1994 Current
Ashutosh Mohanty Director 30 Jun 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2023 Past
Pramod Abcsdd Additional Director 28 Sep 2023 Past
Pramod Abcsdd Managing Director 01 Jul 2023 Past
Pramod Abcsdd Director 01 Jul 2023 Past
Pramod Abcsdd Director 01 Apr 2013 Past
Pramod Abcsdd Director 24 Aug 2007 Past

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Financial Performance of Banspani Iron.

Banspani Iron Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.46% decrease. The company also saw a slight decrease in profitability, with a 5.9% decrease in profit. The company's net worth moved up by a moderate rise of 1.68%.

Banspani Iron revenue growth over time
Banspani Iron profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -12.46%
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*******
*******
Revenue from Operations
*******
 -23.12%
*******
*******
*******
*******
Total Assets
*******
 0.74%
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*******
*******
*******
Profit or Loss
*******
 -5.90%
*******
*******
*******
*******
Net Worth
*******
 1.68%
*******
*******
*******
*******
EBITDA
*******
 -43.63%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Banspani Iron?

In 2023, Banspani Iron had a promoter holding of 99.97% and a public holding of 0.03%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹8,500,000.00

Satisfied Charges

₹262,367,206.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 13.40 Cr
  • Hdfc Bank Limited : 9.27 Cr
  • Abn Amro Bank Nv : 1.74 Cr
  • Icici Bank Limited : 1.18 Cr
  • Abn Amro Bank N.V. : 0.65 Cr
Latest Charge Details
Date Lender Amount Status
30 Jun 2022 Hdfc Bank Limited ₹8.50 M Satisfied
23 Mar 2021 Hdfc Bank Limited ₹1.88 Cr Satisfied
27 Jul 2017 Hdfc Bank Limited ₹1.75 Cr Satisfied
30 May 2017 Hdfc Bank Limited ₹1.75 Cr Satisfied
20 Jul 2012 Hdfc Bank Limited ₹7.00 M Satisfied

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How Many Employees Work at Banspani Iron?

Banspani Iron has a workforce of 71 employees as of Apr 07, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Banspani 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 Banspani 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.

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Latest Updates, News, and FAQs on Banspani Iron
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 30 Jun 2022 via Charge ID 100591739 with Hdfc Bank Limited was fully satisfied on 06 Oct 2025. was completed.

  • Annual General Meeting

    The activity Banspani Iron Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Banspani Iron Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack. was documented.

  • Charges

    Progress on A charge registered on 22 Oct 2007 via Charge ID 10165007 with Icici Bank Limited was fully satisfied on 20 Mar 2025. was documented.

  • Charges

    The activity A charge registered on 27 Jul 2017 via Charge ID 100135689 with Hdfc Bank Limited was fully satisfied on 28 Oct 2024. was completed.

  • Charges

    A charge registered on 30 May 2017 via Charge ID 100117878 with Hdfc Bank Limited was fully satisfied on 28 Oct 2024. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Banspani Iron Ltd?

The CIN of Banspani Iron Ltd is U51420OR1994PLC003707.

Where is Banspani Iron Ltd headquartered?

Banspani Iron Ltd is headquartered at Banaikala,Joda, Keonjhar, Orissa, 758038.

When was Banspani Iron Ltd incorporated?

Banspani Iron Ltd was incorporated on 16 September 1994.

Who are the current directors of Banspani Iron Ltd?

The current directors of Banspani Iron Ltd are

What is the primary industry of Banspani Iron Ltd?

The primary industry of Banspani Iron Ltd is Electricity, Gas, Steam And Air Condition Supply.

Is Banspani Iron Ltd a listed company?

Banspani Iron Ltd is unlisted.

What is the capital structure of Banspani Iron Ltd?

The authorized capital of Banspani Iron Ltd is ₹10.00 Cr, and the paid-up capital is ₹2.70 Cr.

What is the compliance status of Banspani Iron Ltd?

The compliance status of Banspani Iron Ltd is Compliant.

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