- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JH-22-0002027

Smridhi Sponge Limited
About Smridhi Sponge Limited
Data last updated:
Smridhi Sponge 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 06 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27102WB1995PLC067187. Its GSTIN is 20AADCS7018L2ZF (Jharkhand). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.08 Cr. It was formerly known as Smridhi Securities Private Limited and Smridhi Sponge Private Limited. It is led by directors including Akash Kumar (Managing Director) and Rishi Arora.
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 20 Du 2nd Floor Sanjeeva Town Duplex, Rajarhat New Town Kolkata, West Bengal, India – 700156.
As per the financials filed for FY 2025, the company reported a revenue of ₹127.25 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Cr (net margin 1.5%) and EBITDA of ₹5.58 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹9.49 Cr and satisfied charges of ₹14.41 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 3 cases are pending.
Smridhi Sponge Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-22-0002027). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Smridhi Sponge has undergone 2 name changes throughout its history. The company was previously known as Smridhi Securities Private Limited, and Smridhi Sponge Private Limited. The current legal name is Smridhi Sponge Limited.
| Company Name | Status |
|---|---|
| Smridhi Sponge Limited | Current |
| Smridhi Securities Private Limited | Previous |
| Smridhi Sponge Private Limited | Previous |
CIN history
Smridhi Sponge has one previous CIN (Corporate Identification Number): U99999WB1995PLC067187. The current CIN is U27102WB1995PLC067187, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27102WB1995PLC067187 | Current |
| U99999WB1995PLC067187 | Previous |
Recognitions & Rankings of Smridhi Sponge
Contact details
Smridhi Sponge Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20 Du 2nd Floor Sanjeeva Town Duplex, Rajarhat New Town Kolkata, West Bengal, India – 700156
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Smridhi Sponge Limited, buy the company report.
- 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 Smridhi Sponge 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 Smridhi Sponge Limited, buy the company report.
Financials of Smridhi Sponge Limited
FY 2025 filings availableSmridhi Sponge Limited reported revenue of ₹127.25 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 3% growth in the latest year. EBITDA fell 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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| Total Expenses | |||||
| EBITDA | ₹5.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.96 Cr | ||||
| Balance Sheet | |||||
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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 | 4.4% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Smridhi Sponge Limited, buy the company report.
Board of directors of Smridhi Sponge Limited
Smridhi Sponge has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Kumar | Managing Director | 01 Jan 2021 | 5 Years 9 Months | Current |
| Rishi Arora | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
| Dharmendra Kumar Also directs: Anantech Ventures Limited | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Rasna Goyal Also directs: Zenith Exports Limited, Diamond Arcade Social Welfare Association | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
| Sujit Kumar | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Smridhi Sponge Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Vasko Ispat Private Limited | ₹127.64 Cr (FY 2025) | 34.0% | Dholka, Gujarat, India | |||
| Ritanshi Steel Processors Private Limited | ₹127.59 Cr (FY 2025) | 28.0% | Faridabad, Haryana, India | |||
| Shree Devkinandan Metals Private Limited | ₹127.26 Cr (FY 2025) | 6.0% | Gandhinagar, Gujarat, India | |||
| Smridhi Sponge Limitedthis company | ₹127.25 Cr (FY 2025) | ₹1.96 Cr | 1.5% | 3.0% | Kolkata, West Bengal, India | |
| Durga Concast Private Limited | ₹127.24 Cr (FY 2023) | 1.0% | Ludhiana, Punjab, India | |||
| Madhusudan Special Sections Private Limited | ₹126.93 Cr (FY 2025) | -26.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Smridhi Sponge Limited, buy the company report.
Auditor
Smridhi Sponge Limited is audited by VMR and Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VMR and Company | FY 2023 | 026449N |
Shareholding
The shareholding of Smridhi Sponge 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 Smridhi Sponge Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2023 | 100792386 | Others | ₹9.37 Cr | Open | |
| 07 Feb 2005 | 90246501 | Citicorp Finance Ltd | ₹12.02 Lakh | Open | |
| 20 Feb 2007 | 10039351 | Union Bank of India Limited | ₹3.01 Cr | Satisfied | |
| 06 Dec 2006 | 10028729 | Union Bank of India Limited | ₹9 Cr | Satisfied | |
| 07 Apr 2004 | 90246272 | Union Bank of India Limited | ₹2.4 Cr | Satisfied |
To see the full charge records of Smridhi Sponge Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Smridhi Sponge Limited has 13 court cases on record: 7 filed by Smridhi Sponge, 6 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Mulura Logistics Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against Mulura Logistics Pvt Ltd | Disposed |
| High Court | Arbitration matter | Filed against the company by L & T Finance Ltd. | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Civil suit | Filed by the company against Ms Integrated Steels Ltd | Disposed |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against The State of Jharkhand Through Enforcement Directorate Through Its Director Plot No, 1502/B, Airport Rd, Kunwar Singh Colony, Hinoo ,Ranchi , Jharkhand | Pending |
To see the full case history of Smridhi Sponge 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
Smridhi Sponge Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 9 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Garuda Power Private Limited |
To see the full MSME payment records of Smridhi Sponge Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Smridhi Sponge has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AADCS7018L2ZF | Jharkhand | Active | 23 Apr 2018 |
To see the full GST registrations and return filing status of Smridhi Sponge Limited, buy the company report.
Recent activity
Smridhi Sponge Limited has 23 board changes on record since 2007: 5 appointments and 18 cessations. The latest: Rasna Goyal ceased to be Director on 31 Dec 2025.
24 earlier events are in the company report.
Frequently asked questions
Smridhi Sponge 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 06 January 1995 (31+ years old) and is registered under CIN U27102WB1995PLC067187.
Smridhi Sponge has 5 current directors:
- Akash Kumar - Managing Director
- Rishi Arora - Director
- Dharmendra Kumar - Director
- Rasna Goyal - Director
- Sujit Kumar - Director
The latest financial statements of Smridhi Sponge 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 Smridhi Sponge is 20AADCS7018L2ZF, registered in Jharkhand. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Smridhi Sponge is U27102WB1995PLC067187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smridhi Sponge has 13 court cases on record: 7 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Smridhi Sponge was incorporated on 06 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Smridhi Sponge by revenue are Vasko Ispat Private Limited, Ritanshi Steel Processors Private Limited, Shree Devkinandan Metals Private Limited, Durga Concast Private Limited, Madhusudan Special Sections Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Rasna Goyal ceased to be Director on 31 Dec 2025. Rishi Arora ceased to be Director on 31 Dec 2025. Swapan Kumar Roy ceased to be Director on 10 Aug 2022. Smridhi Sponge has 23 board changes on record in total.
Yes, Smridhi Sponge is registered as a medium enterprise under Udyam registration (number: UDYAM-JH-22-0002027).
Smridhi Sponge has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 9 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Smridhi Sponge is at 20 Du 2nd Floor Sanjeeva Town Duplex, Rajarhat New Town Kolkata, West Bengal, India – 700156.

