Paradise Power & Sponge Limited - Company Profile

It is a metals and minerals public limited company based in Rajkot, Gujarat, India, established in 2017.
2017 Rajkot, Gujarat, India Active
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About Paradise Power & Sponge Limited

Paradise Power & Sponge Limited, a active public limited company, was established on 11 April 2017 in Rajkot, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U28900GJ2017PLC096793. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹4.00 Cr.

It upholds a compliant status. Employing 7 professional, Its leadership includes Komalben Vishalbhai Nandasana (Director), Narshibhai Rukhabhai Nandasana (Director), Vishal Dayabhai Nandasana (Director). Past directors included Kailash Rameshbhai Kanani, Rohitkumar Kanani. It holds ₹26.48 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Movaiya, Survey No.188/P3,B/H. Essar Petroleum, Rajkot-Jamnagar Highway, Paddhari, Rajkot, Gujarat, 360110.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U28900GJ2017PLC096793

  • Registration Number

    096793

  • Incorporation Date

    11 April 2017

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹4.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 26.48 Cr
  • Revenue Growth **** 29.20%
  • Profit Growth **** 108.67%
  • Ebitda **** 20.81%
  • Net Worth 7.70%
  • Total Assets **** 33.22%
Company report

Paradise Power & Sponge Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Paradise Power & Sponge 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 Paradise Power & Sponge Limited?
Current Directors
Name Designation Appointment Date Status
Komalben Vishalbhai Nandasana Director 11 Apr 2017 Current
Narshibhai Rukhabhai Nandasana Director 07 Jan 2019 Current
Vishal Dayabhai Nandasana Director 11 Apr 2017 Current
Prema Kumar Doddamitta Other Promoter 11 Apr 2017 Current
Kirit Dayalal Nandasana Director 11 Apr 2017 Current
Mansiben Kiritbhai Nandasana Director 11 Apr 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Jan 2019 Past
Pramod Abcsdd Director 07 Jan 2019 Past

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Financial Performance of Paradise Power & Sponge.

Paradise Power & Sponge Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.2% increase. The company also saw a substantial improvement in profitability, with a 108.67% increase in profit. The company's net worth moved up by a moderate rise of 7.7%.

Paradise Power & Sponge revenue growth over time
Paradise Power & Sponge profit and loss trends over time
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
  • 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
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 29.20%
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Revenue from Operations
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 29.09%
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*******
Total Assets
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 33.22%
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Profit or Loss
*******
 108.67%
*******
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Net Worth
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 7.70%
*******
*******
*******
*******
EBITDA
*******
 20.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Paradise Power & Sponge?

In 2023, Paradise Power & Sponge had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹264,816,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 9.92 Cr
  • Bank Of India : 9.91 Cr
  • State Bank Of India : 6.65 Cr
Latest Charge Details
Date Lender Amount Status
29 Oct 2021 Others ₹9.92 Cr Open
29 Sep 2021 Bank Of India ₹9.91 Cr Open
27 Jul 2020 State Bank Of India ₹6.65 Cr Open

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How Many Employees Work at Paradise Power & Sponge?

Paradise Power & Sponge has a workforce of 7 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paradise Power & Sponge, 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 Paradise Power & Sponge's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Paradise Power & Sponge
Recent Activity within the Organization
  • Annual General Meeting

    Paradise Power & Sponge Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Paradise Power & Sponge Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge with Bank Of India of Rs. 9.91 Cr registered on 29 Sep 2021 with Charge ID 100509109 was modified on 13 May 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 9.92 Cr with Charge ID 100505802 was registered on 29 Oct 2021. was documented.

  • Charges

    Progress on A charge with Bank Of India amounted to Rs. 9.91 Cr with Charge ID 100509109 was registered on 29 Sep 2021. was documented.

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.65 Cr with Charge ID 100360052 was registered on 27 Jul 2020. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Paradise Power & Sponge Limited?

The CIN of Paradise Power & Sponge Limited is U28900GJ2017PLC096793.

Where is Paradise Power & Sponge Limited headquartered?

Paradise Power & Sponge Limited is headquartered at Movaiya, Survey No.188/P3,B/H. Essar Petroleum, Rajkot-Jamnagar Highway, Paddhari, Rajkot, Gujarat, 360110.

When was Paradise Power & Sponge Limited incorporated?

Paradise Power & Sponge Limited was incorporated on 11 April 2017.

Who are the current directors of Paradise Power & Sponge Limited?

The current directors of Paradise Power & Sponge Limited are

What is the primary industry of Paradise Power & Sponge Limited?

The primary industry of Paradise Power & Sponge Limited is Manufacturing.

Is Paradise Power & Sponge Limited a listed company?

Paradise Power & Sponge Limited is unlisted.

What is the capital structure of Paradise Power & Sponge Limited?

The authorized capital of Paradise Power & Sponge Limited is ₹4.00 Cr, and the paid-up capital is ₹4.00 Cr.

What is the compliance status of Paradise Power & Sponge Limited?

The compliance status of Paradise Power & Sponge Limited is Compliant.

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