About Goa Sponge and Power Limited
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Goa Sponge and Power Limited is a public limited company based in Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 05 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24304GA1995PLC018283. Its GSTIN is 30AAECS3612D1Z3 (Goa). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹52.5 Cr and a paid-up capital of ₹33.01 Cr. It was formerly known as Huntsman Supreme Limited and Supreme Industries (Goa) Limited. It is led by directors including Sumit Rajendraprasad Singla (Managing Director) and Neeraj Goyal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bn – 3 Ground Floor Shalimar Bagh West, Delhi, India – 110088.
As per the financials filed for FY 2025, the company reported a revenue of ₹669.54 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹6.59 Cr (net margin 1%) and EBITDA of ₹28.71 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹308.29 Cr on record. Court records list 46 cases involving the company, including 32 filed by the company and 14 filed against it; 13 cases are pending. The company has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹37.93 Cr; the latest was in March 2024. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Premier Bars Limited with revenue of ₹679.02 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goasponge.business.site.
Company details
Name history
Goa Sponge and Power has undergone 2 name changes throughout its history. The company was previously known as Huntsman Supreme Limited, and Supreme Industries (Goa) Limited. The current legal name is Goa Sponge And Power Limited.
| Company Name | Status |
|---|---|
| Goa Sponge and Power Limited | Current |
| Huntsman Supreme Limited | Previous |
| Supreme Industries (Goa) Limited | Previous |
CIN history
Goa Sponge and Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24304GA1995PLC018283, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24304GA1995PLC018283 | Current |
| U24304DL1995PLC195746 | Previous |
| U24304GA1995PLC001747 | Previous |
Contact details
Goa Sponge and Power Limited's registered office is in Delhi, Delhi.
- Registered AddressBn – 3 Ground Floor Shalimar Bagh West, Delhi, India – 110088
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Goa Sponge and Power is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Goa Sponge and Power Limited, buy the company report.
Financials of Goa Sponge and Power Limited
FY 2025 filings availableGoa Sponge and Power Limited reported revenue of ₹669.54 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 4% growth in the latest year. EBITDA rose 24% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.71 Cr | ||||
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| Net Profit (PAT) | ₹6.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Goa Sponge and Power Limited, buy the company report.
Board of directors of Goa Sponge and Power Limited
Goa Sponge and Power has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joginder Kumar Singla | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
| Gunjan Agarwal | Director | 07 Mar 2020 | 6 Years 8 Months | Current |
| Kapil Dev Sharma | Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Akshay Jindal Also directs: Bheemeshvari Flour Mill Private Limited | Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Neeraj Goyal Also directs: Sunrise Electromelt Private Limited | Whole-Time Director | 25 Nov 2022 | 3 Years 11 Months | Current |
| Sumit Rajendraprasad Singla Also directs: Clovia Distillery and Brewery LLP, Sumeru Shyam Enterprises LLP, Srisatyasai Auto World LLP and 5 more | Managing Director | 25 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Goa Sponge and Power Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Bars Limited | ₹679.02 Cr (FY 2025) | -1.0% | Jaipur, Rajasthan, India | |||
| R.S.Infra-Transmission Limited | ₹675.7 Cr (FY 2025) | -4.0% | Jaipur, Rajasthan, India | |||
| Iskcon Strips Private Limited | ₹673.62 Cr (FY 2025) | 9.0% | Raipur, Chhattisgarh, India | |||
| Salasar Iron and Steel Private Limited | ₹670.22 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Goa Sponge and Power Limitedthis company | ₹669.54 Cr (FY 2025) | ₹6.59 Cr | 1% | 4.0% | Delhi, India | |
| Panem Industries Private Limited | ₹668.69 Cr (FY 2025) | 8.0% | Fatehpur, Uttar Pradesh, India | |||
| Raigarh Ispat and Power Private Limited | ₹665.99 Cr (FY 2024) | -8.0% | Raigarh, Chhattisgarh, India | |||
| Bhavya Stainless Private Limited | ₹656.48 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Laxmiroop Private Limited | ₹655.87 Cr (FY 2023) | 90.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Goa Sponge and Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2025 | 101148274 | Others | ₹26.5 Lakh | Open | |
| 03 Jun 2025 | 101114462 | Indian Overseas Bank | ₹32 Lakh | Open | |
| 23 Apr 2025 | 101093478 | Others | ₹29.5 Lakh | Open | |
| 25 Feb 2025 | 101057602 | Others | ₹20.88 Lakh | Open | |
| 15 Feb 2025 | 101057601 | Others | ₹20.5 Lakh | Open |
To see the full charge records of Goa Sponge and Power Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Goa Sponge and Power Limited has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹37.93 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2015 | Rights issue | ₹5.14 Cr | Investors: Merlin Towers Private Limited , Laniban Buildtech Private Limited , Garden Valley Infracon Private Limited |
| Mar 2013 | Funding round | ₹9.67 Cr | Investors: Presidency Merchants Private Limited |
| Feb 2009 | Funding round | ₹5.09 Cr | Investors: Piyush Mercantiles Private Limited, Chandi Mata Management Private Limited , Panchmukhi Prop Limited |
| Feb 2007 | Funding round | ₹18.79 Cr | Investors: Others-Goa Sponge And Power Limited, Ethnic Creations Private Limited, Skywide Marketing Private Limited |
To see the full deal history of Goa Sponge and Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goa Sponge and Power Limited has 46 court cases on record: 32 filed by Goa Sponge and Power, 14 filed against it. 13 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 9 | 10 |
| District courts | 14 | 5 | 3 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Western Coal Fields Ltd. THR. General Manager Sales and Marketing, Nagpur | Disposed |
| District court, North Goa, Goa | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| High Court, GOA | Writ petition | Filed by the company against State of Goa, THR. Its Chief Secretary and Anr and 1 other | Pending |
| High Court | Writ petition | Filed by the company against State of Goa THR. Chief Secretary and 2 Ors and 2 others | Pending |
| High Court | Writ petition | Filed by the company against State of Goa THR. Chief Secretary and Anr and 2 others | Pending |
To see the full case history of Goa Sponge and Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goa Sponge and Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Goa Sponge and Power has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECS3612D1Z3 | Goa | Active | 01 Jul 2017 |
| 29AAECS3612D1ZM | Karnataka | Active | 06 Oct 2022 |
| 30AAECS3612D1DC | Goa | Active | 08 Nov 2024 |
To see the full GST registrations and return filing status of Goa Sponge and Power Limited, buy the company report.
Recent activity
Goa Sponge and Power Limited has 24 board changes on record since 2013: 7 appointments and 17 cessations. The latest: Akshay Jindal ceased to be Director on 19 Dec 2025.
40 earlier events are in the company report.
Frequently asked questions
Goa Sponge and Power is an active public limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 05 January 1995 (31+ years old) and is registered under CIN U24304GA1995PLC018283.
Goa Sponge and Power has 7 current directors:
- Sumit Rajendraprasad Singla - Managing Director
- Neeraj Goyal - Whole-Time Director
- Nitin Goyal - Whole-Time Director
- Joginder Kumar Singla - Director
- Gunjan Agarwal - Director
- Kapil Dev Sharma - Director
- Akshay Jindal - Director
The latest financial statements of Goa Sponge and Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goa Sponge and Power is 30AAECS3612D1Z3, registered in Goa. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAECS3612D1ZM (Karnataka), 30AAECS3612D1DC (Goa).
The CIN (Corporate Identification Number) of Goa Sponge and Power is U24304GA1995PLC018283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goa Sponge and Power has 46 court cases on record: 32 filed by the company and 14 filed against it. 13 are pending. Most are in the high courts.
Goa Sponge and Power was incorporated on 05 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Goa Sponge and Power has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹37.93 Cr; the latest was in March 2024.
The peers of Goa Sponge and Power by revenue are Premier Bars Limited, R.S.Infra-Transmission Limited, Iskcon Strips Private Limited, Salasar Iron and Steel Private Limited, Panem Industries Private Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Akshay Jindal ceased to be Director on 19 Dec 2025. Kapil Dev Sharma ceased to be Director on 19 Dec 2025. Akshay Jindal was appointed as Director on 21 Dec 2023. Goa Sponge and Power has 24 board changes on record in total.
Goa Sponge and Power can be reached through the website goasponge.business.site. Its registered office is in Delhi, India.
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