Palash Sponge Iron Private Limited
About Palash Sponge Iron Private Limited
Data last updated:
Palash Sponge Iron Private Limited was a private limited company based in Ranchi, Jharkhand, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the metalworking segment of the metals and mining sector. It was incorporated on 27 June 2002.
The company was registered with the Registrar of Companies (ROC), Ranchi, under CIN U27102JH2002PTC012193. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹16 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 138 Anand Gram Lane – 3 North Of Morabadi, Ranchi, Jharkhand, India – 834008.
As per the financials filed for FY 2019, the company reported a revenue of ₹34.34 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹11.84 Lakh (net margin -34.5%) and EBITDA of -₹11.83 Lakh (EBITDA margin -34.5%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8.1 Cr on record.
Company details
CIN history
Palash Sponge Iron has one previous CIN (Corporate Identification Number): U99999BR2002PTC012193. The current CIN is U27102JH2002PTC012193, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27102JH2002PTC012193 | Current |
| U99999BR2002PTC012193 | Previous |
Contact details
Palash Sponge Iron Private Limited's registered office is in Ranchi, Jharkhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address138 Anand Gram Lane – 3 North Of Morabadi, Ranchi, Jharkhand, India – 834008
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Palash Sponge Iron Private 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
Financials of Palash Sponge Iron Private Limited
FY 2019 filings availablePalash Sponge Iron Private Limited reported revenue of ₹34.34 Lakh (up 39% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 92% over three years, including 39% growth in the latest year. EBITDA fell 117% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹11.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.84 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.5% | ||||
| Net Profit Margin | -34.5% | ||||
| 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 Palash Sponge Iron Private Limited, buy the company report.
Board of directors of Palash Sponge Iron Private Limited
Palash Sponge Iron has 3 former directors on record and no current directors listed.
Peer comparison
Palash Sponge Iron Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Other Minerals), 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 |
|---|---|---|---|---|---|---|
| Lalwani Industries Ltd. | ₹34.89 Lakh (FY 2025) | -67.0% | Kolkata, West Bengal, India | |||
| Palash Sponge Iron Private Limitedthis company | ₹34.34 Lakh (FY 2019) | -₹11.84 Lakh | -34.5% | 39.0% | 2 | Ranchi, Jharkhand, India |
| Gaya Coke Company Private Limited | ₹33.27 Lakh (FY 2025) | Gaya, Bihar, India | ||||
| Avani Limetech Pvt. Ltd. | ₹32.37 Lakh (FY 2025) | -78.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Palash Sponge Iron Private Limited, buy the company report.
Auditor
Palash Sponge Iron Private Limited is audited by AGARWAL & PRASAD for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL & PRASAD | FY 2017 | 002178C |
Shareholding
The shareholding of Palash Sponge Iron Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Palash Sponge Iron Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2008 | 10130339 | Andhra Bank | ₹7.7 Cr | Satisfied | |
| 04 Apr 2005 | 90264048 | Andhra Bank | ₹19.66 Lakh | Satisfied | |
| 12 Dec 2003 | 80040897 | Andhra Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Palash Sponge Iron Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Palash Sponge Iron Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palash Sponge Iron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Palash Sponge Iron Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Palash Sponge Iron has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Palash Sponge Iron Private Limited, buy the company report.
Recent activity
Palash Sponge Iron Private Limited has 3 board changes on record since 2011: 0 appointments and 3 cessations. The latest: Pawan Kumar Agrawal ceased to be Director on 12 Feb 2020.
1 earlier event is in the company report.
Frequently asked questions
Palash Sponge Iron has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Palash Sponge Iron was a private limited company based in Ranchi, Jharkhand, India. The company worked in metalworking, within the metal and minerals industry. It was incorporated on 27 June 2002 and is registered under CIN U27102JH2002PTC012193. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Palash Sponge Iron is U27102JH2002PTC012193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palash Sponge Iron was incorporated on 27 June 2002. It is registered with the Registrar of Companies, Ranchi.
The registered office of Palash Sponge Iron is at 138 Anand Gram Lane – 3 North Of Morabadi, Ranchi, Jharkhand, India – 834008.
The latest financial statements of Palash Sponge Iron on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Palash Sponge Iron has 1 GST registration on record and it is cancelled or inactive.
Palash Sponge Iron operated in the metal and minerals industry, in the metalworking segment.
The peers of Palash Sponge Iron by revenue are Lalwani Industries Ltd, Gaya Coke Company Private Limited, Avani Limetech Pvt. Ltd, all in the Metals and Minerals industry (Other Minerals), with the same principal business activity (metal and metal products).
Pawan Kumar Agrawal ceased to be Director on 12 Feb 2020. Rashmi Agarwal ceased to be Director on 12 Feb 2020. Badri Prasad Agrawal ceased to be Director on 02 Oct 2011.
Palash Sponge Iron has no open charges and satisfied charges of ₹8.1 Cr as per latest MCA filings.
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