Shreesatya Sponge & Power Private Limited

Shreesatya Sponge & Power Private Limited - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U27200WB2016PTC217058 Incorporated 10 August 2016 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹181.87 Cr
▼ 8% YoY
Net profit · FY 2025
₹2.05 Cr
Net margin 1.1%
EBITDA · FY 2025
₹13.66 Cr
EBITDA margin 7.5%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹80.34 Lakh
Issued & subscribed
Open charges
₹75.2 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
115
Provident fund records

About Shreesatya Sponge & Power Private Limited

Data last updated:

Shreesatya Sponge & Power Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 August 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27200WB2016PTC217058. Its GSTIN is 19AAXCS4608Q1Z7 (West Bengal). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹80.34 Lakh. It is led by directors including Himansu Bansal and Sudhanshu Bansal.

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 Dn – 36 Primarc Tower Sector – V Saltlake, Kolkata, West Bengal, India – 700091.

As per the financials filed for FY 2025, the company reported a revenue of ₹181.87 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.05 Cr (net margin 1.1%) and EBITDA of ₹13.66 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over five years.

The company has about 115 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹75.2 Cr on record. Court records list 14 cases involving the company, including 1 filed by the company and 13 filed against it; 12 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.04 Cr; the latest was in April 2023. Its 6 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 2 smaller; the largest is Govaan Steels Private Limited with revenue of ₹182.41 Cr.

Shreesatya Sponge & Power Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0001607). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreesatyagroup.com.

Company details

CIN U27200WB2016PTC217058
Registration Number 217058
Incorporation Date 10 August 2016
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0001607
Key People
Himansu Bansal Director Sudhanshu Bansal Director Satyanarayan Bansal Director

Recognitions & Rankings of Shreesatya Sponge & Power

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-WB-10-0001607

Contact details

Shreesatya Sponge & Power Private Limited's registered office is in Kolkata, West Bengal. Its website is shreesatyagroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    shreesatyagroup.com
  • Registered Address
    Dn – 36 Primarc Tower Sector – V Saltlake, Kolkata, West Bengal, India – 700091
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Shreesatya Sponge & Power Private Limited, buy the company report.

Comprehensive company report
Shreesatya Sponge & Power Private 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 activities of Shreesatya Sponge & Power are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Shreesatya Sponge & Power Private Limited, buy the company report.

Financials of Shreesatya Sponge & Power Private Limited

FY 2024 filings available

Shreesatya Sponge & Power Private Limited reported revenue of ₹181.87 Cr (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹181.87 Cr ▼ 8%
Net profit · FY 2025
₹2.05 Cr margin 1.1%
EBITDA · FY 2025
₹13.66 Cr margin 7.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 15%
5 years · compounded
▲ 23%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 5% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹13.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.05 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.5%
Net Profit Margin1.1%
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 Shreesatya Sponge & Power Private Limited, buy the company report.

Board of directors of Shreesatya Sponge & Power Private Limited

Shreesatya Sponge & Power has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Himansu Bansal
Also directs: Shreesatya Mines Private Limited, Shreesatya Holdings Private Limited, Neptune Ispat Private Limited and 4 more
Director10 Aug 201610 Years 2 MonthsCurrent
Sudhanshu Bansal
Also directs: Shreesatya Mines Private Limited, Shreesatya Holdings Private Limited, Neptune Ispat Private Limited and 5 more
Director10 Aug 201610 Years 2 MonthsCurrent
Satyanarayan Bansal
Also directs: Shreesatya Mines Private Limited, Shreesatya Holdings Private Limited, Neptune Ispat Private Limited and 4 more
Director10 Aug 201610 Years 2 MonthsCurrent
View all directors

Peer comparison

Shreesatya Sponge & Power Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Govaan Steels Private Limited₹182.41 Cr (FY 2025)15.0%Coimbatore, Tamil Nadu, India
Brahm (Alloys) Limited₹182.38 Cr (FY 2021)114.0%Kolkata, West Bengal, India
S P S Metal Cast & Alloys Limited₹182.35 Cr (FY 2025)-36.0%Kolkata, West Bengal, India
Harikripa Business Venture Private Limited₹182.25 Cr (FY 2019)25.0%Jaipur, Rajasthan, India
Shreesatya Sponge & Power Private Limitedthis company₹181.87 Cr (FY 2025)₹2.05 Cr1.1%-8.0%115Kolkata, West Bengal, India
Grace Castings Limited₹180.83 Cr (FY 2025)-18.0%Kadi, Gujarat, India
Peb Structural Industries Private Limited₹180.63 Cr (FY 2025)12.0%Hyderabad, Telangana, India

To see the full peer comparison of Shreesatya Sponge & Power Private Limited, buy the company report.

Auditor

Shreesatya Sponge & Power Private Limited is audited by KEDIA DHANDHARIA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KEDIA DHANDHARIA & CO.FY 2023326659E

Shareholding

The shareholding of Shreesatya Sponge & 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shreesatya Sponge & Power Private Limited, buy the company report.

Charges & borrowings

Open charges
₹75.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹59.37 Cr
Others₹15.63 Cr
Hdfc Bank Limited₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2024101016686Axis Bank Limited₹49.58 LakhOpen
10 May 2024100926875Axis Bank Limited₹2.08 CrOpen
13 Nov 2023100824532Axis Bank Limited₹50.79 LakhOpen
09 Nov 2023100813609Axis Bank Limited₹40.34 LakhOpen
19 Sep 2023100794629Others₹14.75 CrOpen

To see the full charge records of Shreesatya Sponge & Power Private Limited, buy the company report.

Total charge records: 16 View all charges

Deals & funding

Shreesatya Sponge & Power Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.04 Cr; the latest was in April 2023.

Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹4.04 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Apr 2023Funding round₹1 CrInvestors: Shreesatya Holdings Private Limited
Jan 2022Funding round₹2.4 CrInvestors: Shreesatya Holdings Private Limited
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: Rakhi Vinimay Private Limited
Sep 2016Funding round₹64.2 LakhInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shreesatya Sponge & Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Shreesatya Sponge & Power Private Limited has a workforce of 115 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
115
Active EPFO establishments
1
Employee growth
8.49%

GST

Shreesatya Sponge & Power has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
19AAXCS4608Q1Z7West BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Shreesatya Sponge & Power Private Limited, buy the company report.

Recent activity

Shreesatya Sponge & Power Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Sukumar Arora ceased to be Additional Director on 09 Feb 2017.

Charges
A charge with Others of Rs. 14.75 Cr registered on 19 Sep 2023 with Charge ID 100794629 was modified on 02 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101016686 was registered on 28 Nov 2024.
AGM
Shreesatya Sponge & Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.08 Cr with Charge ID 100926875 was registered on 10 May 2024.
Filing
Shreesatya Sponge & Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Axis Bank Limited of Rs. 45.49 Cr registered on 21 Nov 2018 with Charge ID 100229005 was modified on 30 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100824532 was registered on 13 Nov 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100813609 was registered on 09 Nov 2023.
Charges
A charge with Others amounted to Rs. 14.75 Cr with Charge ID 100794629 was registered on 19 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100764449 was registered on 05 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100717004 was registered on 04 May 2023.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100672128 was registered on 30 Dec 2022.

14 earlier events are in the company report.

Frequently asked questions

Shreesatya Sponge & Power 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 10 August 2016 (10+ years old) and is registered under CIN U27200WB2016PTC217058.

Shreesatya Sponge & Power has 3 current directors:

The latest financial statements of Shreesatya Sponge & Power 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 FY 2017 are in the company report.

The GSTIN of Shreesatya Sponge & Power is 19AAXCS4608Q1Z7, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Shreesatya Sponge & Power is U27200WB2016PTC217058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shreesatya Sponge & Power has 14 court cases on record: 1 filed by the company and 13 filed against it. 12 are pending. Most are in the district courts.

Shreesatya Sponge & Power was incorporated on 10 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.

Shreesatya Sponge & Power has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.04 Cr; the latest was in April 2023.

The peers of Shreesatya Sponge & Power by revenue are Govaan Steels Private Limited, Brahm (Alloys) Limited, S P S Metal Cast & Alloys Limited, Harikripa Business Venture Private Limited, Grace Castings Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Sukumar Arora ceased to be Additional Director on 09 Feb 2017. Himansu Bansal was appointed as Director on 10 Aug 2016. Satyanarayan Bansal was appointed as Director on 10 Aug 2016. Shreesatya Sponge & Power has 5 board changes on record in total.

Yes, Shreesatya Sponge & Power is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0001607).