MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0004681
Rishabh Sponge Limited - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹219.66 Cr
▼ 7% YoY
Net profit · FY 2025
₹3.04 Cr
Net margin 1.4%
EBITDA · FY 2025
₹3.99 Cr
EBITDA margin 1.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.77 Cr
Issued & subscribed
Satisfied charges
₹20.48 Cr
No open charges
Company age
24 yrs
Est. 2002
Employees · EPFO
147
Provident fund records
About Rishabh Sponge Limited
Data last updated:
Rishabh Sponge Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Bdg Metal & Power Ltd.. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2002PLC095119. Its GSTIN is 19AACCR3749J1ZZ (West Bengal).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.77 Cr. It was formerly known as Rishabh Sponge Private Limited. It is led by directors including Manoj Kumar Bhanshali (Whole-Time Director) and Vijayendra Kumar Jain.
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 23/A N S Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹219.66 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.04 Cr (net margin 1.4%) and EBITDA of ₹3.99 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 147 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹20.48 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 3 cases are pending.
Rishabh Sponge Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0004681). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goyalgroup.in.
Company details
CIN U27109WB2002PLC095119
Registration Number 095119
Incorporation Date 09 September 2002
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Bdg Metal & Power Ltd.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0004681
CIN history
Rishabh Sponge has one previous CIN (Corporate Identification Number): U27109WB2002PTC095119. The current CIN is U27109WB2002PLC095119, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB2002PLC095119 | Current |
| U27109WB2002PTC095119 | Previous |
Key People
Manoj Kumar Bhanshali Whole-Time Director Vijayendra Kumar Jain Director Tripti Goyal Director Recognitions & Rankings of Rishabh Sponge
Contact details
Rishabh Sponge Limited's registered office is in Kolkata, West Bengal. Its website is goyalgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23/A N S Road, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Rishabh Sponge Limited, buy the company report.
Comprehensive company report
Rishabh Sponge Limited - one report that includes everything
- 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
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Business activity
The main business activity of Rishabh Sponge is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Rishabh Sponge Limited, buy the company report.
Financials of Rishabh Sponge Limited
FY 2024 filings availableRishabh Sponge Limited reported revenue of ₹219.66 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹219.66 Cr ▼ 7%
Net profit · FY 2025
₹3.04 Cr margin 1.4%
EBITDA · FY 2025
₹3.99 Cr margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 1%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 18%
5 years · compounded
▼ 5%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 24% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.04 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Rishabh Sponge Limited, buy the company report.
Board of directors of Rishabh Sponge Limited
Rishabh Sponge has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Bhanshali | Whole-Time Director | 11 Sep 2015 | 11 Years 1 Months | Current |
| Vijayendra Kumar Jain Also directs: Vardhaman Axles & Wheels Private Limited | Director | 01 Apr 2003 | 23 Years 6 Months | Current |
| Tripti Goyal | Director | 16 Apr 2015 | 11 Years 6 Months | Current |
| Ramesh Chand Goyal Also directs: BDG Steel Udyog LLP, BDG Mettalics Limited, BDG Steel & Power Private Limited and 5 more | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Rishabh Sponge Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Shri Ambika Metaliks Private Limited | ₹221.76 Cr (FY 2025) | 3.0% | Howrah, West Bengal, India | |||
| Sree Ramakrishna Alloys Limited | ₹221.65 Cr (FY 2017) | -36.0% | Hyderabad, Telangana, India | |||
| Om Shree Rupesh Steel Private Limited | ₹220.76 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Radhey Govind Steel and Alloys Private Limited | ₹220.28 Cr (FY 2025) | 67.0% | Gharghoda, Chhattisgarh, India | |||
| Rishabh Sponge Limitedthis company | ₹219.66 Cr (FY 2025) | ₹3.04 Cr | 1.4% | -7.0% | 147 | Kolkata, West Bengal, India |
| Shri Prithvi Alloys Private Limited | ₹219.61 Cr (FY 2025) | -5.0% | Jaipur, Rajasthan, India | |||
| Giriraj Ispat Private Limited | ₹219.44 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Crest Steel (Una) Private Limited | ₹219.3 Cr (FY 2018) | 34.0% | Amb, Himachal Pradesh, India | |||
| Met Rolla Steels Private Limited | ₹219.22 Cr (FY 2025) | -9.0% | Muvattupuzha, Kerala, India | |||
| Vankal Cables and Transmission Limited | ₹219 Cr (FY 2025) | 276.0% | Baikunth, Chhattisgarh, India |
To see the full peer comparison of Rishabh Sponge Limited, buy the company report.
Auditor
Rishabh Sponge Limited is audited by U S AGARWAL &ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U S AGARWAL &ASSOCIATES | FY 2023 | 314213E |
Shareholding
The shareholding of Rishabh Sponge 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 Rishabh Sponge Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹20.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2007 | 10089085 | Kotak Mahindra Bank Limited | ₹1.03 Cr | Satisfied | |
| 07 Feb 2007 | 10044008 | Bank of Baroda | ₹8.79 Cr | Satisfied | |
| 10 Sep 2003 | 90254240 | Allahabad Bank | ₹10.65 Cr | Satisfied |
To see the full charge records of Rishabh Sponge Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rishabh Sponge Limited has 5 court cases on record: 3 filed by Rishabh Sponge, 2 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 2 | 1 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bankura, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by an individual | Pending |
| High Court, West Bengal | Civil suit | Filed against the company by Union of India, Mins of Railways Anr Anr | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Rishabh Sponge 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.
Credit ratings & regulatory alerts
Rishabh Sponge Limited was last rated by Crisil on 29 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Nov 2021 |
To see the full credit ratings and regulatory alerts of Rishabh Sponge Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rishabh Sponge Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rishabh Sponge Limited has a workforce of 147 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
147
Active EPFO establishments
1
Employee growth
13.95%
GST
Rishabh Sponge has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCR3749J1ZZ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rishabh Sponge Limited, buy the company report.
Recent activity
Rishabh Sponge Limited has 9 board changes on record since 2003: 4 appointments and 5 cessations. The latest: Ramesh Chand Goyal ceased to be Additional Director on 30 Sep 2016.
AGM
Rishabh Sponge Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rishabh Sponge Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge registered on 10 Sep 2003 via Charge ID 90254240 with Allahabad Bank was fully satisfied on 02 Nov 2020.
Ceased
Ramesh Chand Goyal ceased to be Additional Director.
Ceased
Manoj Kumar Bhanshali ceased to be Director Appointed In Casual Vacancy.
Appointed
Ramesh Chand Goyal was appointed as Director.
Charges
A charge registered on 07 Feb 2007 via Charge ID 10044008 with Bank Of Baroda was fully satisfied on 28 Dec 2015.
Charges
A charge registered on 16 Dec 2007 via Charge ID 10089085 with Kotak Mahindra Bank Limited was fully satisfied on 08 Dec 2015.
Appointed
Manoj Kumar Bhanshali was appointed as Whole-Time Director.
Ceased
Shanti Paul Bhanshali ceased to be Director.
Ceased
Lata Goyal ceased to be Director.
Appointed
Tripti Goyal was appointed as Director.
8 earlier events are in the company report.
Frequently asked questions
Rishabh Sponge is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 September 2002 (24+ years old) and is registered under CIN U27109WB2002PLC095119.
Rishabh Sponge has 4 current directors:
- Manoj Kumar Bhanshali - Whole-Time Director
- Vijayendra Kumar Jain - Director
- Tripti Goyal - Director
- Ramesh Chand Goyal - Director
The latest financial statements of Rishabh Sponge 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 Rishabh Sponge is 19AACCR3749J1ZZ, registered in West Bengal.
The CIN (Corporate Identification Number) of Rishabh Sponge is U27109WB2002PLC095119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishabh Sponge has 5 court cases on record: 3 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Rishabh Sponge was incorporated on 09 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Rishabh Sponge by revenue are Shri Ambika Metaliks Private Limited, Sree Ramakrishna Alloys Limited, Om Shree Rupesh Steel Private Limited, Radhey Govind Steel and Alloys Private Limited, Shri Prithvi Alloys Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Ramesh Chand Goyal ceased to be Additional Director on 30 Sep 2016. Manoj Kumar Bhanshali ceased to be Director Appointed In Casual Vacancy on 14 Jul 2016. Ramesh Chand Goyal was appointed as Director on 01 Jul 2016. Rishabh Sponge has 9 board changes on record in total.
Yes, Rishabh Sponge is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0004681).
Rishabh Sponge can be reached through the website goyalgroup.in. Its registered office is in Kolkata, West Bengal, India.