Benaka Sponge Iron Private Limited Company Logo

Benaka Sponge Iron Private Limited - Company Profile

It is a metals and minerals private limited company based in Bangalore, Karnataka, India, established in 2003.

2003 | Bangalore, Karnataka, India | Dissolved (Liquidated)
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About Benaka Sponge Iron Private Limited

Benaka Sponge Iron Private Limited, a dissolved (liquidated) private limited company, was established on 13 October 2003 in Bangalore, Karnataka, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27102KA2003PTC032717. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹6.50 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a active non-compliant status. Employing 51 professional, Its leadership includes Ankit Bhuwalka (Director), Ajay Kumar Bhuwalka (Managing Director). Past directors included Gajraj Singh Bansal, Roopsing Noorsing Chawhan, Basoor Natraja. It holds ₹37.73 Cr open charges and ₹21.20 Cr settled loans. Its latest AGM occurred on 28 September 2017, with the balance sheet filed on 31 March 2017. It is based at 10Th Mile Old Madras Road Bandapura Village, Bangalore, Karnataka, 560049.

Company Details

  • CIN/LLPIN

    U27102KA2003PTC032717

  • Registration Number

    032717

  • Incorporation Date

    13 October 2003

  • Authorized Capital

    ₹6.50 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Dissolved (Liquidated)

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 37.73 Cr
  • Satisfied Charges ₹ 21.20 Cr
  • Revenue Growth -100.00%
  • Profit Growth 51.58%
  • Ebitda 92.19%
  • Net Worth -44.30%
  • Total Assets -44.72%
Company report

Benaka Sponge Iron Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Benaka Sponge Iron Private Limited — 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 Benaka Sponge Iron Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ankit BhuwalkaDirector09 Apr 2012Current
Ajay Kumar BhuwalkaManaging Director01 Feb 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector21 Dec 2011Past
Pramod AbcsddDirector02 Dec 2013Past
Pramod AbcsddDirector01 Feb 2010Past
Pramod AbcsddDirector21 Jan 2014Past
Pramod AbcsddDirector16 May 2017Past

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Financial Performance of Benaka Sponge Iron.

Benaka Sponge Iron Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 51.58% increase in profit. The company's net worth observed a substantial decline by a decrease of 44.3%.

Benaka Sponge Iron revenue growth over time
Benaka Sponge Iron profit and loss trends over time
  • 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
-100.00%
Revenue from Operations
Total Assets
-44.72%
Profit or Loss
51.58%
Net Worth
-44.30%
EBITDA
92.19%

What is the Ownership and Shareholding Structure of Benaka Sponge Iron?

In 2017, Benaka Sponge Iron had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹377,305,000.00

Satisfied Charges

₹212,000,000.00

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 33.73 Cr
  • Syndicate Bank : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2010Idbi Bank Limited₹33.73 CrOpen
28 Dec 2004Syndicate Bank₹4.00 CrOpen
10 Nov 2005State Bank Of Mysore₹14.20 CrSatisfied
13 Aug 2004Syndicate Bank₹1.00 CrSatisfied
16 Feb 2004Syndicate Bank₹6.00 CrSatisfied

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How Many Employees Work at Benaka Sponge Iron?

Unlock and access historical data on people associated with Benaka Sponge Iron, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Benaka Sponge Iron Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Benaka Sponge 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 Benaka Sponge 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

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Latest Updates, News, and FAQs on Benaka Sponge Iron

Recent Activity within the Organization

  • Annual General Meeting

    The activity Benaka Sponge Iron Private Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records. was completed.

  • Balance Sheet

    Benaka Sponge Iron Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore. was recorded as a recent event.

  • Charges

    The activity A charge with Idbi Bank Limited of Rs. 33.73 Cr registered on 29 Mar 2010 with Charge ID 10216437 was modified on 07 Nov 2014. was completed.

  • Director Appointment

    Progress on Ankit Bhuwalka was appointed as a Director was appointed as a Director on 09 Apr 2012 & has been associated with this company since 13 years 9 months . was documented.

  • Charges

    The activity A charge registered on 10 Nov 2005 via Charge ID 80049854 with State Bank Of Mysore was fully satisfied on 25 Feb 2011. was completed.

  • Charges

    A charge registered on 13 Aug 2004 via Charge ID 90195795 with Syndicate Bank was fully satisfied on 12 Jan 2011. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Benaka Sponge Iron Private Limited?

    The CIN of Benaka Sponge Iron Private Limited is U27102KA2003PTC032717.

  • Where is Benaka Sponge Iron Private Limited headquartered?

    Benaka Sponge Iron Private Limited is headquartered at 10Th Mile Old Madras Road Bandapura Village, Bangalore, Karnataka, 560049.

  • When was Benaka Sponge Iron Private Limited incorporated?

    Benaka Sponge Iron Private Limited was incorporated on 13 October 2003.

  • Who are the current directors of Benaka Sponge Iron Private Limited?

    The current directors of Benaka Sponge Iron Private Limited are

  • What is the primary industry of Benaka Sponge Iron Private Limited?

    The primary industry of Benaka Sponge Iron Private Limited is Manufacturing.

  • Is Benaka Sponge Iron Private Limited a listed company?

    Benaka Sponge Iron Private Limited is unlisted.

  • What is the capital structure of Benaka Sponge Iron Private Limited?

    The authorized capital of Benaka Sponge Iron Private Limited is ₹6.50 Cr, and the paid-up capital is ₹5.00 Cr.

  • What is the compliance status of Benaka Sponge Iron Private Limited?

    The compliance status of Benaka Sponge Iron Private Limited is Active Non-Compliant.

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