Bihar Sponge Iron Limited

Manufacturer and seller of sponge iron using indigenous materials and advanced technology.

1982 | Seraikela-Kharsawan, Jharkhand (India) | Active
Last Updated:

Bihar Sponge Iron Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 90.21 Cr
  • Company Age 43 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -37.25%
  • Profit Growth -38.65%
  • Ebitda -198.04%
  • Net Worth 11.78%
  • Total Assets 10.84%

About Bihar Sponge Iron

Bihar Sponge Iron Limited (BSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 April 1982 and has a history of 43 years. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500058.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 90.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bihar Sponge Iron Limited India are Vimal Gupta as COMPANY SECRETARY and Sachin as Cfo. Umesh Modi, Abhishek Modi, Kumkum Modi, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Seraikela-Kharsawan, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27106JH1982PLC001633

  • Company No.

    001633

  • Stock Symbol

    BSE : 500058

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1982

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Jharkhand

Industry

Metals and Minerals
Company report

Bihar Sponge Iron Limited

Explore comprehensive data for Bihar Sponge Iron Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bihar Sponge Iron?

Executive Team (2)

NameDesignationAppointment DateStatus
Vimal Gupta Country flag representing In Company Secretary01-Aug-2021Current
Sachin CFO01-Feb-2022Current

Board Members (11)

NameDesignationAppointment DateStatus
Abhishek Modi Country flag representing In Director 14-Feb-2001Current
Umesh Modi Country flag representing In Director 16-Apr-1982Current
Kumkum Modi Country flag representing In Director 04-Jun-2011Current
Ajay Aggarwal Country flag representing In Director 01-Sep-2023Current
Jayesh Modi Country flag representing In Director 18-Jun-2010Current
Aditya Modi Country flag representing In Whole-Time Director 16-Nov-2021Current

Financial Performance of Bihar Sponge Iron.

Bihar Sponge Iron Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 37.25% decrease. The company also saw a substantial fall in profitability, with a 38.65% decrease in profit. The company's net worth Soared by an impressive increase of 11.78%.

Bihar Sponge Iron revenue growth over time
Bihar 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
-37.25%
Revenue from Operations
-42.45%
Total Assets
10.84%
Profit or Loss
-38.65%
Net Worth
11.78%
EBITDA
-198.04%

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

In 2024, Bihar Sponge Iron had a promoter holding of 69.23% and a public holding of 30.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Bihar Sponge Iron?

Bihar Sponge Iron has a workforce of 30 employees as of Apr 08, 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 growth trends for Bihar Sponge Iron Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bihar 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 Bihar 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

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.

Latest Updates, News, and FAQs on Bihar Sponge Iron

Recent activity within the organization

  • Annual General Meeting

    Bihar Sponge Iron Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mohi Kumari was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 7 months 15 days .

  • Director Appointment

    Rohit Chawdhary was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 7 months 15 days .

  • Director Appointment

    Adhish Sharma was appointed as a Director was appointed as a Director on 16 Sep 2024 & has been associated with this company since 7 months 15 days .

  • Balance Sheet

    Bihar Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

  • Director Appointment

    Pramod Kumar Gupta was appointed as a Director was appointed as a Director on 27 Nov 2023 & has been associated with this company since 1 year 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Bihar Sponge Iron Limited?

    Bihar Sponge Iron Limited was incorporated on 16 Apr 1982.

  • What is authorized share capital and paid-up capital of Bihar Sponge Iron Limited?

    The authorized share capital of Bihar Sponge Iron Limited is ₹ 100.00 Cr and paid-up capital is ₹ 90.21 Cr.

  • Who are the current board members & directors of Bihar Sponge Iron Limited?

    Currently 13 directors are associated with Bihar Sponge Iron Limited.

    • Umesh Kumar Modi
    • Abhishek Modi
    • Kumkum Modi
    • Ajay Kumar Aggarwal
    • Jayesh Modi
    • Aditya Kumar Modi
    • Mohi Kumari
    • Salil Seth
    • Pramod Kumar Gupta
    • Rohit Chawdhary
    • Adhish Sharma
    • Vimal Prasad Gupta
    • Sachin

  • What is the registered address of Bihar Sponge Iron Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bihar Sponge Iron Limited is Umesh Nagar, Chandil Saraikela India, Kharsawan, Jharkhand, 832401.

  • What is the corporate identification number (CIN) and company number of Bihar Sponge Iron Limited?

    The corporate identification number (CIN) of Bihar Sponge Iron Limited is L27106JH1982PLC001633 and the company number is 001633 as per Ministry of Corporate Affairs (MCA).

  • Is Bihar Sponge Iron Limited registered with any stock exchange in India?

    Yes, Bihar Sponge Iron Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Bihar Sponge Iron Limited?

    The Official website of Bihar Sponge Iron Limited is https://www.bsil.org.in

  • What has been the recent revenue trend for Bihar Sponge Iron Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Bihar Sponge Iron Limited has fallen by -37.25%.

  • How many employees does Bihar Sponge Iron Limited currently have?

    As Per 2024 financial reports, 30 employees are currently employed by Bihar Sponge Iron Limited.

  • What change has been observed in the net worth of Bihar Sponge Iron Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Bihar Sponge Iron Limited has experienced an upsurge of 11.78%.

  • When was the last Balance Sheet of Bihar Sponge Iron Limited filed with the ROC?

    The most recent Balance Sheet for Bihar Sponge Iron Limited was filed with the ROC on 31 Mar 2024.

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