About Sai Sponge (India) Private Limited
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Sai Sponge (India) Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Promotional Equity Services Pvt.Ltd.. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27100WB2002PTC099644. Its GSTIN is 20AAHCS1282J1ZI (Jharkhand). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.33 Cr. It was formerly known as Sai Sponge (India) Limited. It is led by directors including Subhakanta Barik and Shankar Prakash Agarwal.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹166.02 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 0.8%) and EBITDA of ₹5.21 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 13% over five years.
The company has about 192 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹40.68 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.35 Cr; the latest was in March 2022. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Atlas Stainless Corporation Private Limited with revenue of ₹167.02 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 6 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website supershakti.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressThe Legacy, 4th Floor Unit 41 25A Shakespear Sarani, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Sai Sponge (India) Private Limited
The main business activity of Sai Sponge (India) is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sai Sponge (India) Private Limited FY 2025 filings available
Sai Sponge (India) Private Limited reported revenue of ₹166.02 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sai Sponge (India) Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. 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 of Sai Sponge (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.28 Cr | •••• | •••• | •••• | •••• |
| 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 of Sai Sponge (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sai Sponge (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sai Sponge (India) Private Limited
Sai Sponge (India) Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atlas Stainless Corporation Private Limited | ₹167.02 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Kalapurna Steel and Engg. Private Limited | ₹166.98 Cr (FY 2025) | •••• | •••• | 138.0% | •••• | Mumbai, Maharashtra, India |
| Shivparas Alloy & Steel Private Limited | ₹166.43 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Premier Steel Complex Private Limited | ₹166.41 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Subhlaxmi Steel and Alloys Private Limited | ₹166.08 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Sai Sponge (India) Private Limited this company | ₹166.02 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Someshwar Ispat Private Limited | ₹165.97 Cr (FY 2022) | •••• | •••• | -27.0% | •••• | Mehsana, Gujarat, India |
| Shree Electromelts Limited | ₹165.85 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bhavnagar, Gujarat, India |
| Agrawal Sponge Private Limited | ₹165.38 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Raipur, Chhattisgarh, India |
| Emaar Alloys Private Limited | ₹165.17 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Jamshedpur, Jharkhand, India |
| Baba Ispat Private Limited | ₹165.02 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Sai Sponge (India) by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sai Sponge (India) Private Limited
Sai Sponge (India) Private Limited is audited by VRSP & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VRSP & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sai Sponge (India) Private Limited
Sai Sponge (India) has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Agarwal | Additional Director | 26 May 2025 | 1 Years 4 Months | Current |
| Subhakanta Barik Also directs: Precision Alumetrics Private Limited, Aanandam Mining Private Limited, Vishal Ferro Alloys Private Limited and 2 more | Director | 20 Nov 2025 | 0 Years 10 Months | Current |
| Shankar Prakash Agarwal | Director | 04 Nov 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Sai Sponge (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sai Sponge (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2025 | Others | ₹35 Cr | Open |
| 28 Jun 2023 | Yes Bank Limited | ₹10 Cr | Satisfied |
| 08 Jun 2021 | Others | ₹20 Cr | Satisfied |
| 08 Aug 2009 | Kotak Mahindra Bank Limited | ₹15 Lakh | Satisfied |
| 01 Jun 2009 | Kotak Mahindra Bank Limited | ₹37.37 Lakh | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Sai Sponge (India) Private Limited
Sai Sponge (India) Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.35 Cr; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Promotional Equity Services Pvt.Ltd. Seller: Pka Vyapaar Private Limited , Pka Merchant Private Limited, Matashree Tie-Up Private Limited , an individual |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Veerbhadra Sales Pvt.Ltd. Seller: Rocky Datamatics Pvt Ltd , Skoda Trexim Pvt. Ltd. |
| Mar 2021 | Acquisition | Undisclosed | Buyer: Promotional Equity Services Pvt.Ltd. Seller: Bihariji Securities Pvt Ltd |
| Dec 2017 | Funding round | ₹2.35 Cr | Investors: Matashree Tie-Up Private Limited , Sita Ram Agarwal HUF, Pka Merchant Private Limited |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: Bihariji Securities Pvt Ltd Seller: Super Smelters Ltd |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sai Sponge (India) Private Limited
Sai Sponge (India) Private Limited has 3 court cases on record: 2 filed by Sai Sponge (India), 1 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Court case (C.M.P.) | Filed against the company by Central Coalfields Ltd | Disposed |
| High Court of Jharkhand | Writ petition | Filed by the company against State of Jharkhand | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Sai Sponge (India) Private Limited
Sai Sponge (India) Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sai Sponge (India) Private Limited
Sai Sponge (India) Private Limited has a workforce of 192 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Sai Sponge (India) Private Limited
Sai Sponge (India) has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27100WB2002PTC099644, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100WB2002PTC099644 | Current |
| U27100WB2002PLC099644 | Previous |
| U99999WB2004PLC099644 | Previous |
| U99999WB2002PLC099644 | Previous |
Recent Activity on Sai Sponge (India) Private Limited
Sai Sponge (India) Private Limited has 19 board changes on record since 2007: 6 appointments and 13 cessations. The latest: Subhakanta Barik was appointed as Director on 20 Nov 2025.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sai Sponge (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sai Sponge (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sai Sponge (India) Private Limited
Sai Sponge (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAHCS1282J1ZI | Jharkhand | Active | 01 Jul 2017 |
| 10AAHCS1282J1ZJ | Bihar | Active | 01 Mar 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sai Sponge (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sai Sponge (India) Private Limited
Sai Sponge (India) is an active private 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 11 September 2002 (24+ years old) and is registered under CIN U27100WB2002PTC099644.
Sai Sponge (India) reported revenue of ₹166.02 Cr for FY 2025 (down 3% YoY).
Sai Sponge (India) has 3 current directors:
- Rajesh Kumar Agarwal - Additional Director
- Subhakanta Barik - Director
- Shankar Prakash Agarwal - Director
Sai Sponge (India) reported a net profit of ₹1.28 Cr (net margin 0.8%) and EBITDA of ₹5.21 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sai Sponge (India) is -1% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sai Sponge (India) is 20AAHCS1282J1ZI, registered in Jharkhand. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 10AAHCS1282J1ZJ (Bihar).
The CIN (Corporate Identification Number) of Sai Sponge (India) is U27100WB2002PTC099644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Sponge (India) has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Sai Sponge (India) was incorporated on 11 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
Sai Sponge (India) has 6 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.35 Cr; the latest was in March 2022.
The peers of Sai Sponge (India) by revenue are Atlas Stainless Corporation Private Limited, Kalapurna Steel and Engg. Private Limited, Shivparas Alloy & Steel Private Limited, Premier Steel Complex Private Limited, Subhlaxmi Steel and Alloys Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Subhakanta Barik was appointed as Director on 20 Nov 2025. Shankar Prakash Agarwal was appointed as Director on 04 Nov 2025. Nand Kishore Agrawal was appointed as Additional Director on 26 May 2025. Sai Sponge (India) has 19 board changes on record in total.