Orissa Sponge Iron And Steel Limited - Company Profile

It is a metals and minerals public limited company based in Bhubaneswar, Orissa, India, established in 1979.

1979 Bhubaneswar, Orissa, India Active

Last Updated: December 22, 2025

About Orissa Sponge Iron And Steel Limited

Orissa Sponge Iron And Steel Limited, a active public limited company, was established on 09 April 1979 in Bhubaneswar, Orissa, India. Engaging in steel manufacturing & processing within the electricity, gas, steam and air condition supply sector, it holds CIN: L27102OR1979PLC000819. Registered under ROC Roc Cuttack. it is listed on BSE: 504864. It has an authorized capital of ₹250.00 Cr and a paid-up capital of ₹49.79 Cr.

Formerly known as Orissa Sponge Iron Limited, Orissa Sponge Iron Ltd. It upholds a compliant status. Its leadership includes Dibyendu Kumar Senapati (Nominee Director), Ashish Saxena (Whole-Time Director), Ritesh Kalra (Director). Past directors included Sonia Jabbar, Dibyendu Kumar Senapati, Ashish Saxena. It holds ₹1.50 Cr open charges and ₹572.14 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at Osil House Gangadhar Meher Marg Kiiti, Bhubaneswar, Orissa, 751024.

Company Details

CIN/LLPIN
L27102OR1979PLC000819
Registration Number
000819
Incorporation Date
09 April 1979
Authorized Capital
₹250.00 Cr
Paid-Up Capital
₹49.79 Cr
ROC Code
Roc Cuttack
Listing Status
Listed (BSE: 504864)
Company Status
Active

Key Metrics

Authorised Capital ₹ 250.00 Cr as on 22-12-2025
Paid Up Capital ₹ 49.79 Cr as on 22-12-2025
Company Age 46 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 1.50 Cr as on 22-12-2025
Satisfied Charges ₹ 572.14 Cr as on 22-12-2025
Revenue Growth **** 764.88% (FY 2023)
Profit Growth **** 181.53% (FY 2023)
Ebitda **** 188.99% (FY 2023)
Net Worth 68.73% (FY 2023)
Total Assets **** 79.64% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Orissa Sponge Iron And Steel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Orissa Sponge Iron And Steel Limited?

Current Directors

Name	Designation	Appointment Date	Status
Dibyendu Kumar Senapati	Nominee Director	06 Jan 2020	Current
Ashish Saxena	Whole-Time Director	02 Aug 2021	Current
Ritesh Kalra	Director	29 Aug 2024	Current
Ekta Sharma	Director	06 Jan 2020	Current
Prasanta Kumar Mohanty	Managing Director	23 Jun 2005	Current
Nitesh Agrawal	Director	29 Sep 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	11 Jun 2016	Past
Pramod Abcsdd	Additional Director	04 Dec 2020	Past
Pramod Abcsdd	Additional Director	27 Nov 2021	Past
Pramod Abcsdd	Additional Director	27 Sep 2024	Past
Pramod Abcsdd	Nominee Director	03 Oct 2012	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Orissa Sponge Iron And Steel.

Orissa Sponge Iron And Steel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 764.88% increase. The company also saw a substantial improvement in profitability, with a 181.53% increase in profit. The company's net worth Soared by an impressive increase of 68.73%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

764.88%

*******

Revenue from Operations

*******

Total Assets

*******

79.64%

*******

Profit or Loss

*******

181.53%

*******

Net Worth

*******

68.73%

*******

EBITDA

*******

188.99%

*******

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What is the Ownership and Shareholding Structure of Orissa Sponge Iron And Steel?

In 2023, Orissa Sponge Iron And Steel had a promoter holding of 26.32% and a public holding of 73.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹15,000,000.00

Satisfied Charges

₹5,721,350,000.00

Charges Breakdown by Lending Institutions

Industrial Finance Corporation Of India : 1.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Jan 1981	Industrial Finance Corporation Of India	₹1.50 Cr	Open
23 Dec 2019	Others	₹55.00 Cr	Satisfied
30 Nov 2018	Others	₹95.00 Cr	Satisfied
18 Feb 2012	Bank Of India	₹7.06 Cr	Satisfied
23 Mar 2007	Punjab National Bank	₹18.75 Cr	Satisfied

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How Many Employees Work at Orissa Sponge Iron And Steel?

Unlock and access historical data on people associated with Orissa Sponge Iron And Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Orissa Sponge Iron And Steel, 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 Orissa Sponge Iron And Steel'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.

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Latest Updates, News, and FAQs on Orissa Sponge Iron And Steel

Recent Activity within the Organization

Charges

The activity A charge registered on 23 Dec 2019 via Charge ID 100323133 with Others was fully satisfied on 08 Apr 2025. was completed.
08 Apr 2025
Charges

A charge registered on 30 Nov 2018 via Charge ID 100225183 with Others was fully satisfied on 25 Mar 2025. was recorded as a recent event.
25 Mar 2025
Annual General Meeting

The activity Orissa Sponge Iron And Steel Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was completed.
28 Sep 2024
Director Appointment

The activity Ritesh Kalra was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.
29 Aug 2024
Director Appointment

Sabyasachi Mahanty was appointed as a Cfo was appointed as a Cfo on 25 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
25 Jul 2024
Director Appointment

Progress on Suraj Kumar Thakur was appointed as a Company Secretary was appointed as a Company Secretary on 05 Apr 2024 & has been associated with this company since 1 year 11 months . was documented.
05 Apr 2024

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