Bravo Sponge Iron Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 51.92 Cr
as on 17-06-2024
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,675.24 Cr
as on 17-06-2024
- Satisfied Charges ₹ 1,279.05 Cr
as on 17-06-2024
- Revenue 113.24%
(FY 2023)
- Profit -60.54%
(FY 2023)
- Ebitda -5.50%
(FY 2023)
- Net Worth 20.58%
(FY 2023)
- Total Assets 29.73%
(FY 2023)
About Bravo Sponge Iron
The Corporate was formerly known as Bravo Sponge Iron Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 51.92 Cr.
The company currently has active open charges totaling ₹1,675.24 Cr. The company has closed loans amounting to ₹1,279.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bravo Sponge Iron Private Limited India is Amit Agarwal as COMPANY SECRETARY. Swati Agarwala, Ramabatar Agarwal, and Deepak Agarwal serve as directors at the Company.
- CIN/LLPIN
U27106WB1997PTC082921
- Company No.
082921
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Feb 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Rukni, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Bravo Sponge Iron?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Agarwal  | Company Secretary | 01-Feb-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swati Agarwala | Director | 20-Jun-2022 | Current |
| Deepak Agarwal | Director | 05-Jun-2015 | Current |
| Ramabatar Agarwal | Director | Current |
Financial Performance of Bravo Sponge Iron.
Bravo Sponge Iron Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 113.24% increase. The company also saw a substantial fall in profitability, with a 60.54% decrease in profit. The company's net worth Soared by an impressive increase of 20.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bravo Sponge Iron?
In 2023, Bravo Sponge Iron had a promoter holding of 0.57% and a public holding of 99.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shakambhari Ispat & Power LimitedActive 23 years 3 monthsRamabatar Agarwal and Deepak Agarwal are mutual person
S P S Metal Cast & Alloys LimitedActive 34 years 6 monthsSwati Agarwala and Deepak Agarwal are mutual person
Ess Dee Aluminium LimitedActive 20 years 11 monthsSwati Agarwala and Deepak Agarwal are mutual person
Ferrum Acier Private LimitedActive 1 year 9 monthsSwati Agarwala and Deepak Agarwal are mutual person
- Metallite Iron Private LimitedActive 3 years 2 months
Swati Agarwala and Deepak Agarwal are mutual person
Charges (Loans)
₹1,675.24 Cr
₹1,279.05 Cr
Charges Breakdown by Lending Institutions
- Others : 1337.51 Cr
- Indian Bank : 337.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Indian Bank | ₹337.73 Cr | Open |
| 09 Oct 2023 | Others | ₹518.54 Cr | Open |
| 09 Oct 2023 | Others | ₹441.97 Cr | Open |
| 27 Jul 2023 | Others | ₹45.00 Cr | Open |
| 17 Feb 2020 | Others | ₹332.00 Cr | Open |
How Many Employees Work at Bravo Sponge Iron?
Bravo Sponge Iron has a workforce of 901 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bravo 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 Bravo Sponge Iron's trajectory.
Rating
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
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.
