About Sahanu Sponge and Power Private Limited
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Sahanu Sponge and Power Private Limited is a private limited company based in Panaji, Goa, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U27101GA2003PTC003345. Its GSTIN is 30AAJCS0723L1ZJ (Goa).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.67 Cr. It was formerly known as Sahanu Sponge and Power Limited. It is led by directors Sunil Omprakash Garg (Managing Director) and Pawan Bansal.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 303 3rd Floor Sai Plaza Opp. Gomantak Times St. Inez, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹242.34 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹63.13 Lakh (net margin 0.3%) and EBITDA of ₹4.65 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.51 Cr and satisfied charges of ₹65.39 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 2 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2020. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Kisco Castings (India) Limited with revenue of ₹244.71 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindaltmt.com.
Company details
CIN history
Sahanu Sponge and Power has one previous CIN (Corporate Identification Number): U27101GA2003PLC003345. The current CIN is U27101GA2003PTC003345, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27101GA2003PTC003345 | Current |
| U27101GA2003PLC003345 | Previous |
Contact details
Sahanu Sponge and Power Private Limited's registered office is in Panaji, Goa. Its website is jindaltmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address303 3rd Floor Sai Plaza Opp. Gomantak Times St. Inez, Panaji, Goa, India – 403001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Sahanu Sponge and Power 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
Business activity
The main business activity of Sahanu Sponge and Power 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 Sahanu Sponge and Power Private Limited, buy the company report.
Financials of Sahanu Sponge and Power Private Limited
FY 2024 filings availableSahanu Sponge and Power Private Limited reported revenue of ₹242.34 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 6% 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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| EBITDA | ₹4.65 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹63.13 Lakh | ||||
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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 | 1.9% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Sahanu Sponge and Power Private Limited, buy the company report.
Board of directors of Sahanu Sponge and Power Private Limited
Sahanu Sponge and Power has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Bansal Also directs: Ambey Metallic Private Limited | Director | 18 May 2012 | 14 Years 5 Months | Current |
| Sunil Omprakash Garg Also directs: Ambey Metallic Private Limited | Managing Director | 09 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Sahanu Sponge and Power Private 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 |
|---|---|---|---|---|---|---|
| Kisco Castings (India) Limited | ₹244.71 Cr (FY 2025) | 1.0% | Khanna, Punjab, India | |||
| Jai Prabhuji Iron & Steel Private Limited | ₹244.32 Cr (FY 2025) | -16.0% | Dhanbad, Jharkhand, India | |||
| S.L.O. Industries Limited | ₹243.26 Cr (FY 2019) | 20.0% | Chennai, Tamil Nadu, India | |||
| Nawla Ispat Private Limited | ₹243.22 Cr (FY 2025) | 28.0% | Sardhana, Uttar Pradesh, India | |||
| Sahanu Sponge and Power Private Limitedthis company | ₹242.34 Cr (FY 2025) | ₹63.13 Lakh | 0.3% | -27.0% | 27 | Panaji, Goa, India |
| Pushp Steels and Mining Private Limited | ₹241.2 Cr (FY 2024) | -13.0% | Delhi, India | |||
| Diamond TMT & Procon Private Limited | ₹240.67 Cr (FY 2025) | 7.0% | Bhavnagar, Gujarat, India | |||
| Metro Ispat Private Limited | ₹240.4 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Gangajamuna Steel Private Limited | ₹240.22 Cr (FY 2025) | 21.0% | Delhi, India | |||
| D.D. Steel & Power Limited | ₹240.16 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sahanu Sponge and Power Private Limited, buy the company report.
Auditor
Sahanu Sponge and Power Private Limited is audited by N N LOTLIKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N N LOTLIKAR & ASSOCIATES | FY 2023 | 127304W |
Shareholding
The shareholding of Sahanu Sponge and Power Private 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 Sahanu Sponge and Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2022 | 100593500 | Others | ₹31.51 Cr | Satisfied | |
| 26 Oct 2018 | 100223343 | Hdfc Bank Limited | ₹18.58 Cr | Satisfied | |
| 22 Nov 2012 | 10392368 | State Bank of India | ₹15.3 Cr | Satisfied |
To see the full charge records of Sahanu Sponge and Power Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Sahanu Sponge and Power Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Yoginder Atmaram Bansal (HUF), an individual |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: Manju Yoginder Bansal (HUF), Pawan Atmaram Bansal (HUF), Sunil Garg-HUF, an individual Seller: Shanti Expomart Private Limited , Abhaya Nand Steel Private Limited, 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Pawan Atmaram Bansal (HUF), Nand Kishor Jallan (HUF), 2 individuals Seller: Manju Yoginder Bansal (HUF), Yoginder Atmaram Bansal (HUF), 2 individuals |
| Nov 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sahanu Sponge and Power Private Limited has 9 court cases on record: 7 filed by Sahanu Sponge and Power, 2 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 4 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GOA | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax Panaji and Anr and 1 other | Pending |
| High Court, GOA | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax and Anr and 1 other | Pending |
| District court, North Goa, Goa | Original application | Filed by the company against M/S Kings Construction and Realtors and 2 others | Disposed |
| High Court, GOA | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax and Anr and 1 other | Disposed |
| High Court, GOA | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax Panaji and Anr and 1 other | Disposed |
To see the full case history of Sahanu Sponge and Power Private 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 Sahanu Sponge and Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sahanu Sponge and Power Private Limited has a workforce of 27 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Sahanu Sponge and Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAJCS0723L1ZJ | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sahanu Sponge and Power Private Limited, buy the company report.
Recent activity
Sahanu Sponge and Power Private Limited has 7 board changes on record since 2003: 2 appointments and 5 cessations. The latest: Tushar Garg Sunil ceased to be Director on 31 Mar 2021.
6 earlier events are in the company report.
Frequently asked questions
Sahanu Sponge and Power is an active private limited company based in Panaji, Goa, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 December 2003 (23+ years old) and is registered under CIN U27101GA2003PTC003345.
Sahanu Sponge and Power has 2 current directors:
- Sunil Omprakash Garg - Managing Director
- Pawan Bansal - Director
The latest financial statements of Sahanu Sponge and Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sahanu Sponge and Power is 30AAJCS0723L1ZJ, registered in Goa.
The CIN (Corporate Identification Number) of Sahanu Sponge and Power is U27101GA2003PTC003345. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sahanu Sponge and Power has 9 court cases on record: 7 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Sahanu Sponge and Power was incorporated on 09 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Goa.
Sahanu Sponge and Power has 4 deals on record (4 secondary share transfers); the latest was in March 2020.
The peers of Sahanu Sponge and Power by revenue are Kisco Castings (India) Limited, Jai Prabhuji Iron & Steel Private Limited, S.L.O. Industries Limited, Nawla Ispat Private Limited, Pushp Steels and Mining Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Tushar Garg Sunil ceased to be Director on 31 Mar 2021. Sunil Omprakash Garg ceased to be Director on 01 Jun 2018. Rajender Singhal Kumar ceased to be Director on 10 May 2015. Sahanu Sponge and Power has 7 board changes on record in total.
Sahanu Sponge and Power can be reached through the website jindaltmt.com. Its registered office is in Panaji, Goa, India.
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