About Pawanjay Sponge Iron Limited
Data last updated:
Pawanjay Sponge Iron Limited is a public limited company based in Panposh, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2000PLC006060. Its GSTIN is 21AACCP1697H2ZH (Odisha). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹67.29 Cr. It is led by directors including Rishabh Agarwal (Managing Director) and Rahul Singhal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bijabahal Birmitrapur, Panposh, Odisha, India – 770039.
As per the financials filed for FY 2023, the company reported a revenue of ₹129.07 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹85.78 Lakh (net margin 0.7%) and EBITDA of ₹11.14 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 279% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28 Cr and satisfied charges of ₹180 Cr on record. Court records list 24 cases involving the company, including 15 filed by the company and 9 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pawanjay.in.
Company details
CIN history
Pawanjay Sponge Iron has one previous CIN (Corporate Identification Number): U27102OR2000PTC006060. The current CIN is U27102OR2000PLC006060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27102OR2000PLC006060 | Current |
| U27102OR2000PTC006060 | Previous |
Contact details
Pawanjay Sponge Iron Limited's registered office is in Panposh, Odisha. Its website is pawanjay.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBijabahal Birmitrapur, Panposh, Odisha, India – 770039
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Pawanjay Sponge Iron 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 Pawanjay Sponge Iron Limited
FY 2024 filings availablePawanjay Sponge Iron Limited reported revenue of ₹129.07 Cr (down 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 279%. EBITDA fell 34% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹129.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85.78 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Pawanjay Sponge Iron Limited, buy the company report.
Board of directors and KMP of Pawanjay Sponge Iron Limited
Pawanjay Sponge Iron Limited currently reports 5 directors and 1 key managerial person. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Singhal Also directs: Agroha Agro Energy LLP | Director | 19 Mar 2020 | 6 Years 7 Months | Current |
| Dolly Prasad Also directs: B R Sponge and Power Limited, Bajrangbali Sponge and Power Limited, Maa Mangla Ispat Private Limited and 2 more | Director | 30 Sep 2023 | 3 Years 1 Months | Current |
| Rishabh Agarwal | Managing Director | 27 Aug 2019 | 7 Years 2 Months | Current |
| Mansi Mehta Also directs: B R Sponge and Power Limited, Bajrangbali Sponge and Power Limited, Maa Mangla Ispat Private Limited and 2 more | Director | 01 Jun 2024 | 2 Years 5 Months | Current |
| Abhishek Patnaik | Director | 27 Aug 2019 | 7 Years 2 Months | Current |
| Sambhrant Rout Also directs: Altrade Pellets Private Limited | Cfo | 16 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Pawanjay Sponge Iron Limited is audited by SRB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRB & ASSOCIATES | FY 2023 | 310009E |
Shareholding
The shareholding of Pawanjay 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 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 Pawanjay Sponge Iron Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2022 | 100540426 | Others | ₹3.2 Cr | Open | |
| 02 May 2020 | 100337756 | Others | ₹24.8 Cr | Open | |
| 21 Jan 2013 | 10404878 | Bank of India | ₹102.5 Cr | Satisfied | |
| 25 Jun 2012 | 10366021 | State Bank of Travancore | ₹8 Cr | Satisfied | |
| 26 Mar 2012 | 10355652 | Central Bank of India | ₹12 Cr | Satisfied |
To see the full charge records of Pawanjay Sponge Iron Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Pawanjay Sponge Iron Limited has 24 court cases on record: 15 filed by Pawanjay Sponge Iron, 9 filed against it. 6 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 7 | 5 |
| High courts | 9 | 2 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Sbi Global Factors Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Ifci Factors Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Sbi Global Factors Ltd | Disposed |
| District court, Sundargarh, Odisha | Civil suit | Filed by the company against an individual | Pending |
| District court, Sundargarh, Odisha | Civil suit | Filed by the company against M/S. Jagarnath Trading and 1 other | Pending |
To see the full case history of Pawanjay Sponge Iron 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
No delayed payments to MSME suppliers are on our record for Pawanjay Sponge Iron Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pawanjay Sponge Iron Limited has a workforce of 39 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 39 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Pawanjay Sponge Iron Limited, buy the company report.
GST
Pawanjay Sponge Iron has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCP1697H2ZH | Odisha | Active | 16 Nov 2018 |
To see the full GST registrations and return filing status of Pawanjay Sponge Iron Limited, buy the company report.
Recent activity
Pawanjay Sponge Iron Limited has 25 board changes on record since 2014: 6 appointments and 19 cessations. The latest: Mansi Mehta was appointed as Director on 01 Jun 2024.
36 earlier events are in the company report.
Frequently asked questions
Pawanjay Sponge Iron is an active public limited company based in Panposh, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 January 2000 (26+ years old) and is registered under CIN U27102OR2000PLC006060.
Pawanjay Sponge Iron has 6 current directors and KMP:
- Rishabh Agarwal - Managing Director
- Rahul Singhal - Director
- Dolly Prasad - Director
- Mansi Mehta - Director
- Abhishek Patnaik - Director
- Sambhrant Rout - Cfo
The latest financial statements of Pawanjay Sponge Iron on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pawanjay Sponge Iron is 21AACCP1697H2ZH, registered in Odisha. 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 Pawanjay Sponge Iron is U27102OR2000PLC006060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pawanjay Sponge Iron has 24 court cases on record: 15 filed by the company and 9 filed against it. 6 are pending. Most are in the district courts.
Pawanjay Sponge Iron was incorporated on 31 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Cuttack.
Mansi Mehta was appointed as Director on 01 Jun 2024. Dolly Prasad was appointed as Director on 30 Sep 2023. Ankita Periwal ceased to be Additional Director on 29 Sep 2023. Pawanjay Sponge Iron has 25 board changes on record in total.
Pawanjay Sponge Iron can be reached through the website pawanjay.in. Its registered office is in Panposh, Odisha, India.
The registered office of Pawanjay Sponge Iron is at Bijabahal Birmitrapur, Panposh, Odisha, India – 770039.
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