K B Sponge Iron Limited

K B Sponge Iron Limited - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U27102WB2002PLC094456 Incorporated 04 April 2002 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2024
₹106.52 Cr
▼ 50% YoY
Net loss · FY 2024
₹10.36 Cr
Net margin -9.7%
EBITDA · FY 2024
-₹7.68 Cr
EBITDA margin -7.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.07 Cr
Issued & subscribed
Open charges
₹16.32 Cr
Satisfied ₹19.34 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
48
Provident fund records

About K B Sponge Iron Limited

Data last updated:

K B Sponge Iron Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 04 April 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27102WB2002PLC094456. Its GSTIN is 19AACCK1423C1Z2 (West Bengal).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.07 Cr. It was formerly known as K B Spong Iron Limited. It is led by directors including Aditya Kejriwal and Vishal Kejriwal.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6 – Lyons Range 4th Floor Unit No – 2, Kolkata, West Bengal, India – 700001.

As per the financials filed for FY 2024, the company reported a revenue of ₹106.52 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹10.36 Cr (net margin -9.7%) and EBITDA of -₹7.68 Cr (EBITDA margin -7.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.

The company has about 48 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹16.32 Cr and satisfied charges of ₹19.34 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending. The company has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹4.11 Cr; the latest was in March 2024. 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, 3 larger and 4 smaller; the largest is Emirates Steel Tubes Private Limited with revenue of ₹107 Cr.

K B Sponge Iron Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0014650). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27102WB2002PLC094456
Registration Number 094456
Incorporation Date 04 April 2002
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0014650

CIN history

K B Sponge Iron has one previous CIN (Corporate Identification Number): U27102WB2002PTC094456. The current CIN is U27102WB2002PLC094456, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27102WB2002PLC094456Current
U27102WB2002PTC094456Previous
Key People
Aditya Kejriwal Director Vishal Kejriwal Director Ramesh Kumar Kejriwal Director

Recognitions & Rankings of K B Sponge Iron

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-WB-10-0014650

Contact details

K B Sponge Iron Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    6 – Lyons Range 4th Floor Unit No – 2, Kolkata, West Bengal, India – 700001
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of K B Sponge Iron Limited, buy the company report.

Comprehensive company report
K B Sponge Iron 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 K B Sponge Iron is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of K B Sponge Iron Limited, buy the company report.

Financials of K B Sponge Iron Limited

FY 2025 filings available

K B Sponge Iron Limited reported revenue of ₹106.52 Cr (down 50% YoY) for FY 2024.

Revenue · FY 2024
₹106.52 Cr ▼ 50%
Net loss · FY 2024
₹10.36 Cr margin -9.7%
EBITDA · FY 2024
-₹7.68 Cr margin -7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 10%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 304%
3 years · compounded
▼ 65%
5 years · compounded
▼ 41%

Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 304% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹7.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10.36 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-7.2%
Net Profit Margin-9.7%
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 K B Sponge Iron Limited, buy the company report.

Board of directors of K B Sponge Iron Limited

K B Sponge Iron has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aditya KejriwalDirector04 Apr 200224 Years 6 MonthsCurrent
Vishal KejriwalDirector04 Apr 200224 Years 6 MonthsCurrent
Ramesh Kumar Kejriwal
Also directs: Utility Marketing Private Limited, Anurag Real Estates Pvt Ltd
Director04 Apr 200224 Years 6 MonthsCurrent
View all directors

Peer comparison

K B Sponge Iron 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Emirates Steel Tubes Private Limited₹107 Cr (FY 2025)29.0%Cherthala, Kerala, India
Stellinox Stainless Private Limited₹106.86 Cr (FY 2025)703.0%Ahmedabad, Gujarat, India
Real Strips Limited₹106.74 Cr (FY 2020)-20.0%Ahmedabad, Gujarat, India
K B Sponge Iron Limitedthis company₹106.52 Cr (FY 2024)-₹10.36 Cr-9.7%-50.0%48Kolkata, West Bengal, India
Maniram Steel Private Limited₹106.48 Cr (FY 2025)1.0%Raipur, Chhattisgarh, India
Ambey Metallic Private Limited₹106.35 Cr (FY 2025)-8.0%Pissurlem, Goa, India
Rathi Iron and Steel Industries Limited₹106.35 Cr (FY 2016)-34.0%Pithampur, Madhya Pradesh, India
Karam Steel Industries Private Limited₹106.16 Cr (FY 2025)21.0%Fatehgarh Sahib, Punjab, India

To see the full peer comparison of K B Sponge Iron Limited, buy the company report.

Auditor

K B Sponge Iron Limited is audited by APP & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
APP & COFY 2023324073E

Shareholding

The shareholding of K B Sponge Iron 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of K B Sponge Iron Limited, buy the company report.

Charges & borrowings

Open charges
₹16.32 Cr
Satisfied charges
₹19.34 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹16.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Jan 2022100534529Hdfc Bank Limited₹16.32 CrOpen
28 Sep 2022100618275Sidbi₹1 CrSatisfied
25 Mar 2022100550391Sidbi₹28.7 LakhSatisfied
15 Jul 2020100349138Sidbi₹57.35 LakhSatisfied
13 Sep 2019100289154Sidbi₹2.98 CrSatisfied

To see the full charge records of K B Sponge Iron Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

K B Sponge Iron Limited has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹4.11 Cr; the latest was in March 2024.

Total deals
12
Secondary share transfers
7
Funding rounds
5
Disclosed funding
₹4.11 Cr

Deals on record (5 of 12)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Mar 2012Funding round₹1.32 CrInvestors: UDB Infraprojects Prader Private Limited, 3 individuals
Dec 2010Secondary share transferUndisclosedBuyer: Utility Marketing Private Limited
Seller: Zenith Business Solutions Private Limited, Astir Sales Private Limited , Fentastic Constructions Limited
Feb 2010Funding round₹50 LakhInvestors: Amazing Vinimay Private Limited , Kashmir Motor General Finance Private Limited, Ajinath Steels Private Limited
Mar 2007Funding round₹76 LakhInvestors: 4 individuals

To see the full deal history of K B Sponge Iron Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

K B Sponge Iron Limited was last rated by Care on 24 Feb 2023.

Rating agencyRated onRating
Care24 Feb 2023

To see the full credit ratings and regulatory alerts of K B Sponge Iron Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for K B Sponge Iron Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

K B Sponge Iron Limited has a workforce of 48 employees on its EPFO records as of Nov 17, 2024, across 1 active EPFO establishment.

Employee count
48
Active EPFO establishments
1

GST

K B Sponge Iron has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AACCK1423C1Z2West BengalActive01 Jul 2017

To see the full GST registrations and return filing status of K B Sponge Iron Limited, buy the company report.

Recent activity

K B Sponge Iron Limited has 7 board changes on record since 2002: 5 appointments and 2 cessations. The latest: Sandeep Harlalka ceased to be Director on 04 Feb 2019.

AGM
K B Sponge Iron Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
K B Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge registered on 28 Sep 2022 via Charge ID 100618275 with Sidbi was fully satisfied on 07 Mar 2024.
Charges
A charge registered on 25 Mar 2022 via Charge ID 100550391 with Sidbi was fully satisfied on 07 Mar 2024.
Charges
A charge registered on 15 Jul 2020 via Charge ID 100349138 with Sidbi was fully satisfied on 07 Mar 2024.
Charges
A charge registered on 13 Sep 2019 via Charge ID 100289154 with Sidbi was fully satisfied on 07 Mar 2024.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100618275 was registered on 28 Sep 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 16.32 Cr registered on 15 Jan 2022 with Charge ID 100534529 was modified on 30 Mar 2022.
Charges
A charge with Sidbi amounted to Rs. 0.29 Cr with Charge ID 100550391 was registered on 25 Mar 2022.
Charges
A charge registered on 08 Mar 2019 via Charge ID 100250107 with Others was fully satisfied on 24 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.32 Cr with Charge ID 100534529 was registered on 15 Jan 2022.
Charges
A charge with Others of Rs. 12.00 Cr registered on 08 Mar 2019 with Charge ID 100250107 was modified on 26 Jul 2021.

17 earlier events are in the company report.

Frequently asked questions

K B Sponge Iron is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 04 April 2002 (24+ years old) and is registered under CIN U27102WB2002PLC094456.

K B Sponge Iron has 3 current directors:

The latest financial statements of K B Sponge Iron on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of K B Sponge Iron is 19AACCK1423C1Z2, registered in West Bengal.

The CIN (Corporate Identification Number) of K B Sponge Iron is U27102WB2002PLC094456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

K B Sponge Iron has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.

K B Sponge Iron was incorporated on 04 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.

K B Sponge Iron has 12 deals on record (7 secondary share transfers, 5 funding rounds), with disclosed funding of ₹4.11 Cr; the latest was in March 2024.

The peers of K B Sponge Iron by revenue are Emirates Steel Tubes Private Limited, Stellinox Stainless Private Limited, Real Strips Limited, Maniram Steel Private Limited, Ambey Metallic Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Sandeep Harlalka ceased to be Director on 04 Feb 2019. Sandeep Harlalka was appointed as Director on 13 Nov 2017. Govardhan Dass Kejriwal ceased to be Director on 27 Jul 2017. K B Sponge Iron has 7 board changes on record in total.

Yes, K B Sponge Iron is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0014650).