About Benaka Sponge Iron Private Limited
Data last updated: 26 July 2025
Benaka Sponge Iron Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Bhuwalka Steel Industries Limited. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It specialised in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 13 October 2003.
Registered with ROC Bangalore under CIN U27102KA2003PTC032717.
Capital: an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5 Cr. It was led by directors Ankit Bhuwalka and Ajay Kumar Bhuwalka.
Last AGM: 28 September 2017. Financial statements filed for year ended 31 March 2017. Office: 10Th Mile Old Madras Road Bandapura Village, Bangalore, Karnataka, India – 560049.
As per the financials filed for FY 2017, the company reported a revenue of ₹231, a decline of 100% compared to the previous year.
The company had a reported workforce of approximately 51 employees prior to being dissolved. It operated as a subsidiary of Bhuwalka Steel Industries Limited.
As per MCA filings, the company had open charges of ₹37.73 Cr and satisfied charges of ₹21.2 Cr on record.
The company has been dissolved and no longer exists as a legal entity under the Companies Act. Any contracts or dealings with a dissolved entity may be legally unenforceable. The last known website on record is benakasteel.in.
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Registered Address10Th Mile Old Madras Road Bandapura Village, Bangalore, Karnataka, India – 560049
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IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
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Business Activity of Benaka Sponge Iron Private Limited
Benaka Sponge Iron Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Benaka Sponge Iron Private Limited
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Auditor Details of Benaka Sponge Iron Private Limited
Benaka Sponge Iron Private Limited is audited by MISHRA & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MISHRA & CO | Locked | Locked | Locked |
Complete auditor history for Benaka Sponge Iron Private Limited
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Board of Directors of Benaka Sponge Iron Private Limited
Benaka Sponge Iron Private Limited is currently managed by 2 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Bhuwalka | Director | 09 Apr 2012 | 14 Years 3 Months | As last reported |
| Ajay Kumar Bhuwalka | Managing Director | 01 Feb 2007 | 19 Years 5 Months | As last reported |
Financials of Benaka Sponge Iron Private Limited FY 2017 filings available
Benaka Sponge Iron Private Limited reported revenue of ₹231 (down 100.00% YoY) for FY 2017.
Ten-year financial statements for Benaka Sponge Iron Private Limited
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Ownership and Shareholding of Benaka Sponge Iron Private Limited
Shareholding and ownership data for Benaka Sponge Iron Private Limited
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Charges & Borrowings of Benaka Sponge Iron Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2010 | Idbi Bank Limited | ₹33.73 Cr | Open |
| 28 Dec 2004 | Syndicate Bank | ₹4 Cr | Open |
| 10 Nov 2005 | State Bank of Mysore | ₹14.2 Cr | Satisfied |
| 13 Aug 2004 | Syndicate Bank | ₹1 Cr | Satisfied |
| 16 Feb 2004 | Syndicate Bank | ₹6 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Benaka Sponge Iron Private Limited
View historical data on people associated with Benaka Sponge Iron Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Benaka Sponge Iron Private Limited
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GST Compliance of Benaka Sponge Iron Private Limited
GST registrations and filing compliance for Benaka Sponge Iron Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Benaka Sponge Iron Private Limited
Credit ratings, litigation, and regulatory alerts for Benaka Sponge Iron Private Limited
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MSME Payment Delays by Benaka Sponge Iron Private Limited
MSME payment history for Benaka Sponge Iron Private Limited
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Subsidiaries & Group Companies of Benaka Sponge Iron Private Limited
Corporate group structure for Benaka Sponge Iron Private Limited
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MCA Filings & Documents of Benaka Sponge Iron Private Limited
MCA filings and documents for Benaka Sponge Iron Private Limited
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Recent Activity on Benaka Sponge Iron Private Limited
Frequently Asked Questions about Benaka Sponge Iron Private Limited
Benaka Sponge Iron Private Limited has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Benaka Sponge Iron Private Limited is a dissolved (liquidated) private limited company in the metals and minerals sector based in Bangalore, Karnataka, India. It was incorporated on 13 October 2003 and is registered under CIN U27102KA2003PTC032717. The company was dissolved (liquidated) as per MCA records and no longer exists as a legal entity.
Benaka Sponge Iron Private Limited was incorporated on 13 October 2003. Registered with ROC Bangalore.
The current directors of Benaka Sponge Iron Private Limited are:
- Ankit Bhuwalka - Director
- Ajay Kumar Bhuwalka - Managing Director
The CIN (Corporate Identification Number) of Benaka Sponge Iron Private Limited is U27102KA2003PTC032717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Benaka Sponge Iron Private Limited is metals and minerals. The company specifically operates in steel manufacturing and processing.