Reliable Sponge Private Limited - Company Profile

It is a metals and minerals private limited company based in Rourkela, Orissa, India, established in 2004.
2004 Rourkela, Orissa, India Active
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About Reliable Sponge Private Limited

Reliable Sponge Private Limited, a active private limited company, was established on 02 April 2004 in Rourkela, Orissa, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27310OR2004PTC041051. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹7.56 Cr.

It upholds a compliant status. Employing 772 professional, Its leadership includes Pitabas Sahoo (Director), Aditya Dua (Director), Arun Kumar Dua (Director). Past directors included Vineet Dua, Vijay Kumar Dua, Sarat Kumar Rout. It holds ₹90.00 Cr open charges and ₹166.11 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No-84, Industrial Estate Kalunga, Rourkela, Orissa, 770031.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27310OR2004PTC041051

  • Registration Number

    041051

  • Incorporation Date

    02 April 2004

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹7.56 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.56 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 90.00 Cr
  • Satisfied Charges ₹ 166.11 Cr
  • Revenue Growth **** 20.20%
  • Profit Growth **** 27.24%
  • Ebitda **** -11.06%
  • Net Worth 7.60%
  • Total Assets **** 0.63%
Company report

Reliable Sponge Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Reliable Sponge Private 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 Reliable Sponge Private Limited?
Current Directors
Name Designation Appointment Date Status
Pitabas Sahoo Director 01 Aug 2017 Current
Aditya Dua Director 05 May 2019 Current
Arun Kumar Dua Director 02 Apr 2004 Current
Mohini Dua Director 05 May 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 May 2019 Past
Pramod Abcsdd Director 22 May 2019 Past
Pramod Abcsdd Director 11 Jul 2016 Past
Pramod Abcsdd Director 01 Oct 2021 Past
Pramod Abcsdd Director 22 May 2019 Past
Pramod Abcsdd Director 28 Feb 2025 Past

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Financial Performance of Reliable Sponge.

Reliable Sponge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.2% increase. The company also saw a substantial improvement in profitability, with a 27.24% increase in profit. The company's net worth moved up by a moderate rise of 7.6%.

Reliable Sponge revenue growth over time
Reliable 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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 20.20%
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Revenue from Operations
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 19.86%
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*******
Total Assets
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 0.63%
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Profit or Loss
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 27.24%
*******
*******
*******
*******
Net Worth
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 7.60%
*******
*******
*******
*******
EBITDA
*******
 -11.06%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Reliable Sponge?

In 2023, Reliable 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

₹900,000,000.00

Satisfied Charges

₹1,661,100,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 90.00 Cr
Latest Charge Details
Date Lender Amount Status
16 Jan 2020 State Bank Of India ₹90.00 Cr Open
01 May 2017 Sidbi ₹2.00 Cr Satisfied
16 Mar 2013 Hdfc Bank Limited ₹2.10 M Satisfied
10 Jul 2012 Hdfc Bank Limited ₹2.30 M Satisfied
11 May 2012 State Bank Of India ₹79.00 Cr Satisfied

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How Many Employees Work at Reliable Sponge?

Reliable Sponge has a workforce of 772 employees as of Apr 08, 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 Reliable 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 Reliable 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 Reliable Sponge
Recent Activity within the Organization
  • Annual General Meeting

    The activity Reliable Sponge Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Reliable Sponge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was documented.

  • Charges

    The activity A charge with State Bank Of India of Rs. 90.00 Cr registered on 16 Jan 2020 with Charge ID 100322359 was modified on 21 Dec 2022. was completed.

  • Charges

    Progress on A charge registered on 01 May 2017 via Charge ID 100099085 with Sidbi was fully satisfied on 02 Dec 2021. was documented.

  • Charges

    The activity A charge registered on 11 May 2012 via Charge ID 10359729 with State Bank Of India was fully satisfied on 25 Jun 2021. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 90.00 Cr with Charge ID 100322359 was registered on 16 Jan 2020. was documented.

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Frequently Asked Questions
What is the CIN of Reliable Sponge Private Limited?

The CIN of Reliable Sponge Private Limited is U27310OR2004PTC041051.

Where is Reliable Sponge Private Limited headquartered?

Reliable Sponge Private Limited is headquartered at Plot No-84, Industrial Estate Kalunga, Rourkela, Orissa, 770031.

When was Reliable Sponge Private Limited incorporated?

Reliable Sponge Private Limited was incorporated on 02 April 2004.

Who are the current directors of Reliable Sponge Private Limited?

The current directors of Reliable Sponge Private Limited are

What is the primary industry of Reliable Sponge Private Limited?

The primary industry of Reliable Sponge Private Limited is Manufacturing.

Is Reliable Sponge Private Limited a listed company?

Reliable Sponge Private Limited is unlisted.

What is the capital structure of Reliable Sponge Private Limited?

The authorized capital of Reliable Sponge Private Limited is ₹12.00 Cr, and the paid-up capital is ₹7.56 Cr.

What is the compliance status of Reliable Sponge Private Limited?

The compliance status of Reliable Sponge Private Limited is Compliant.

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