MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-CG-14-0003236
Gopal Sponge and Power Private Limited
Gopal Sponge and Power Private Limited - metals and minerals in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹274.31 Cr
▲ 21% YoY
Net profit · FY 2023
₹38.94 Cr
Net margin 14.2%
EBITDA · FY 2023
₹49.98 Cr
EBITDA margin 18.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.86 Cr
Issued & subscribed
Open charges
₹312.23 Cr
Satisfied ₹66.93 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
128
Provident fund records
About Gopal Sponge and Power Private Limited
Data last updated:
Gopal Sponge and Power Private Limited is a private limited company based in Raipur, Chhattisgarh, India, a subsidiary of Kirti Ispat Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27109CT2004PTC016504. Its GSTIN is 22AACCG1525F1ZA (Chattisgarh).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.86 Cr. It is led by directors Amal Kumar Choudhary (Whole-Time Director) and Vijay Anand Jhanwar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Raipur, Chhattisgarh.
As per the financials filed for FY 2023, the company reported a revenue of ₹274.31 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹38.94 Cr (net margin 14.2%) and EBITDA of ₹49.98 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 128 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹312.23 Cr and satisfied charges of ₹66.93 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 6 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.37 Cr; the latest was in September 2013. Its 7 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 3 smaller; the largest is Surani Steel Tubes Limited with revenue of ₹227.39 Cr. The company has 3 MSME Form 1 returns on record between 2020 and 2022, listing 35 overdue payments to 12 micro and small suppliers.
Gopal Sponge and Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0003236). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27109CT2004PTC016504
Registration Number 016504
Incorporation Date 26 March 2004
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Kirti Ispat Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CG-14-0003236
Recognitions & Rankings of Gopal Sponge and Power
Contact details
Gopal Sponge and Power Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFirst Floor Plot No 63& 66 Ph No 113 Mother Teresa Ward No. 43 Jalvihar Colo, Ny, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Gopal Sponge and Power Private Limited, buy the company report.
Comprehensive company report
Gopal Sponge and Power Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Gopal 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 Gopal Sponge and Power Private Limited, buy the company report.
Financials of Gopal Sponge and Power Private Limited
FY 2024 filings availableGopal Sponge and Power Private Limited reported revenue of ₹274.31 Cr (up 21% YoY) for FY 2023.
Revenue · FY 2023
₹274.31 Cr ▲ 21%
Net profit · FY 2023
₹38.94 Cr margin 14.2%
EBITDA · FY 2023
₹49.98 Cr margin 18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 15%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 47%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 21% growth in the latest year. EBITDA rose 66% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹274.31 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.94 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 14.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gopal Sponge and Power Private Limited, buy the company report.
Board of directors of Gopal Sponge and Power Private Limited
Gopal Sponge and Power has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amal Kumar Choudhary Also directs: City Mall Developers Private Limited | Whole-Time Director | 25 May 2020 | 6 Years 5 Months | Current |
| Vijay Anand Jhanwar Also directs: Vraj Iron and Steel Limited, Vraj Commercial Private Limited, Vraj Metaliks Private Limited and 5 more | Director | 26 Mar 2004 | 22 Years 7 Months | Current |
Peer comparison
Gopal Sponge and Power Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Gopal Sponge and Power Private Limitedthis company | ₹274.31 Cr (FY 2023) | ₹38.94 Cr | 14.2% | 21.0% | 128 | Raipur, Chhattisgarh, India |
| Surani Steel Tubes Limited | ₹227.39 Cr (FY 2025) | 46.0% | Sampa, Gujarat, India | |||
| Ambica Alloys and Steels India Private Limited | ₹227.23 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| D H Bars & Wires Private Limited | ₹226.33 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Sumangal Ispat Private Limited | ₹225.88 Cr (FY 2024) | -6.0% | Durgapur Mc, West Bengal, India | |||
| Ridhi Sidhi Iron Private Limited | ₹225.3 Cr (FY 2025) | 19.0% | Howrah, West Bengal, India | |||
| Dhruvdesh Metasteel Private Limited | ₹225.12 Cr (FY 2024) | -11.0% | Bangalore, Karnataka, India | |||
| Jagdish Ispat Private Limited | ₹224.12 Cr (FY 2025) | -1.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Gopal Sponge and Power Private Limited, buy the company report.
Auditor
Gopal Sponge and Power Private Limited is audited by Amitabh Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amitabh Agrawal & Co. | FY 2023 | 006620C |
Shareholding
The shareholding of Gopal Sponge and Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gopal Sponge and Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹312.23 Cr
Satisfied charges
₹66.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2025 | 101165125 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 04 Nov 2023 | 100816025 | Hdfc Bank Limited | ₹1.87 Cr | Open | |
| 29 Apr 2023 | 100718281 | Hdfc Bank Limited | ₹75 Cr | Open | |
| 25 Sep 2017 | 100143485 | Hdfc Bank Limited | ₹10.86 Cr | Open | |
| 31 Aug 2015 | 10593025 | Hdfc Bank Limited | ₹47 Cr | Open |
To see the full charge records of Gopal Sponge and Power Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Gopal Sponge and Power Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.37 Cr; the latest was in September 2013.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹5.37 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2009 | Funding round | ₹2.2 Cr | Investors: Bhinaswar Commercial Private Limited , 2 individuals |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: V A Transport Private Limited Seller: Bhinaswar Commercial Private Limited |
| Mar 2006 | Funding round | ₹3.17 Cr | Investors: Bhinaswar Commercial Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gopal Sponge and Power Private Limited has 13 court cases on record: 2 filed by Gopal Sponge and Power, 11 filed against it. 6 cases are pending and 7 are disposed.
Total cases
13
Filed by the company
2
Filed against the company
11
Pending
6
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 3 |
| NCLAT | 5 | 5 | 2 |
| NCLT | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Chhattisgarh State Power Distribution Co. Ltd. 4Th Floor, Vidyut Seva Bhavan, Daganiya, Raipur , District: Raipur ,Raipur , Chhattisgarh | Pending |
| NCLT, Kolkata | Insolvency matter | Filed against the company by Pra India Private Limited | Disposed |
| High Court | Writ petition | Filed by the company against Coal India Limited, and 4 others | Disposed |
| High Court of Chhattisgarh | Writ petition | Filed against the company | Pending |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Indian Bank | Pending |
To see the full case history of Gopal Sponge and Power Private 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.
Credit ratings & regulatory alerts
Gopal Sponge and Power Private Limited was last rated by Crisil on 30 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2020 |
To see the full credit ratings and regulatory alerts of Gopal Sponge and Power Private Limited, buy the company report.
MSME payment delays
Gopal Sponge and Power Private Limited has 3 MSME Form 1 returns on record between 2020 and 2022, listing 35 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KP and Grandsons | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gopal Sponge and Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Gopal Sponge and Power has 1 subsidiary company and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
4
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Vraj Iron and Steel Limited | U27101CT2004PLC016701 |
To see the full group structure of Gopal Sponge and Power Private Limited, buy the company report.
Employees & EPFO
Gopal Sponge and Power Private Limited has a workforce of 128 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
Employee count
128
Active EPFO establishments
1
Employee growth
0.79%
GST
Gopal Sponge and Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCG1525F1ZA | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gopal Sponge and Power Private Limited, buy the company report.
Recent activity
Gopal Sponge and Power Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Amal Kumar Choudhary ceased to be Additional Director on 31 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 101165125 was registered on 22 Sep 2025.
AGM
Gopal Sponge And Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gopal Sponge And Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.87 Cr with Charge ID 100816025 was registered on 04 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 75.00 Cr with Charge ID 100718281 was registered on 29 Apr 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 10.86 Cr registered on 25 Sep 2017 with Charge ID 100143485 was modified on 15 Apr 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 47.00 Cr registered on 31 Aug 2015 with Charge ID 10593025 was modified on 07 Sep 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 77.50 Cr registered on 26 Feb 2015 with Charge ID 10555793 was modified on 26 Feb 2021.
Ceased
Amal Kumar Choudhary ceased to be Additional Director.
Appointed
Amal Kumar Choudhary was appointed as Whole-Time Director.
Ceased
Kusum Lata Maheshwari ceased to be Whole-Time Director.
Charges
A charge registered on 31 Mar 2011 via Charge ID 10285972 with Icici Bank Ltd was fully satisfied on 17 Nov 2017.
30 earlier events are in the company report.
Frequently asked questions
Gopal Sponge and Power is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 March 2004 (22+ years old) and is registered under CIN U27109CT2004PTC016504.
Gopal Sponge and Power has 2 current directors:
- Amal Kumar Choudhary - Whole-Time Director
- Vijay Anand Jhanwar - Director
The latest financial statements of Gopal Sponge and Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gopal Sponge and Power is 22AACCG1525F1ZA, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Gopal Sponge and Power is U27109CT2004PTC016504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gopal Sponge and Power has 13 court cases on record: 2 filed by the company and 11 filed against it. 6 are pending. Most are in the high courts.
Gopal Sponge and Power was incorporated on 26 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Gopal Sponge and Power has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.37 Cr; the latest was in September 2013.
The peers of Gopal Sponge and Power by revenue are Surani Steel Tubes Limited, Ambica Alloys and Steels India Private Limited, D H Bars & Wires Private Limited, Sumangal Ispat Private Limited, Ridhi Sidhi Iron Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Amal Kumar Choudhary ceased to be Additional Director on 31 Dec 2020. Amal Kumar Choudhary was appointed as Whole-Time Director on 25 May 2020. Kusum Lata Maheshwari ceased to be Whole-Time Director on 25 May 2019. Gopal Sponge and Power has 6 board changes on record in total.
Yes, Gopal Sponge and Power is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-14-0003236).
Gopal Sponge and Power has 3 MSME Form 1 returns on record between 2020 and 2022, listing 35 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 Sep 2023.