About Sponge Enterprises Private Limited
Data last updated:
Sponge Enterprises Private Limited was a private limited company based in Raipur, Chhattisgarh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the staple foods and grains segment of the food and beverages sector. It was incorporated on 26 September 2008.
The company was registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27102CT2008PTC020890. Its GSTIN is 22AAMCS3974Q2ZJ (Chhattisgarh). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13 Lakh. It was led by directors Umesh Jain and Mukesh Jain.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 602 Offizo Magneto The Mall 6th Floor Labhandi G.E. Road, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2020, the company reported a revenue of ₹72.97 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹2.53 Cr (net margin -3.5%) and EBITDA of -₹4.65 Cr (EBITDA margin -6.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 13% over five years.
The last known website on record is spongeenterprises.com.
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- TelephoneLocked
- Website
- Social Media
- Registered Address602 Offizo Magneto The Mall 6th Floor Labhandi G.E. Road, Raipur, Chhattisgarh, India – 492001
- IndustryFood and Beverages, Staple Foods & Grains
- 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
Financials of Sponge Enterprises Private Limited FY 2020 filings available
Sponge Enterprises Private Limited reported revenue of ₹72.97 Cr (down 9% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Sponge Enterprises Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. 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 Sponge Enterprises Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹72.97 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.53 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 Sponge Enterprises Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.5% | •••• | •••• | •••• | •••• |
| 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 Sponge Enterprises 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.
Auditor Details of Sponge Enterprises Private Limited
Sponge Enterprises Private Limited is audited by B C P JAIN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B C P JAIN & CO | 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 Sponge Enterprises Private Limited
Sponge Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Jain Also directs: Sponge Enterprises Private Limited | Director | 26 Sep 2008 | 18 Years 0 Months | As last reported |
| Mukesh Jain Also directs: Sponge Enterprises Private Limited | Director | 26 Sep 2008 | 18 Years 0 Months | As last reported |
Ownership and Shareholding of Sponge Enterprises 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 Sponge Enterprises Private Limited
Sponge Enterprises Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sponge Enterprises Private Limited
Employment history and EPFO contributions of people linked to Sponge Enterprises.
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.
Recent Activity on Sponge Enterprises Private Limited
Sponge Enterprises Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Deepak ceased to be Whole-Time Director on 13 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Sponge Enterprises 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.
MSME Payment Delays by Sponge Enterprises Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sponge Enterprises 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 Sponge Enterprises Private Limited
Sponge Enterprises has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAMCS3974Q2ZJ | Chhattisgarh | Active | 01 Jul 2017 |
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 Sponge Enterprises 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 Sponge Enterprises Private Limited
Sponge Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sponge Enterprises was a private limited company based in Raipur, Chhattisgarh, India. The company worked in staple foods and grains, within the food and beverages industry. It was incorporated on 26 September 2008 and is registered under CIN U27102CT2008PTC020890. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sponge Enterprises was incorporated on 26 September 2008. It is registered with the Registrar of Companies, Chhattisgarh.
Sponge Enterprises had 2 directors:
- Umesh Jain - Director
- Mukesh Jain - Director
The CIN (Corporate Identification Number) of Sponge Enterprises is U27102CT2008PTC020890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sponge Enterprises is at 602 Offizo Magneto The Mall 6th Floor Labhandi G.E. Road, Raipur, Chhattisgarh, India – 492001.
Sponge Enterprises can be reached through the website spongeenterprises.com. Its registered office is in Raipur, Chhattisgarh, India.
Sponge Enterprises reported revenue of ₹72.97 Cr for FY 2020 (down 9% YoY).
Sponge Enterprises has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13 Lakh.
Sponge Enterprises reported a net loss of ₹2.53 Cr (net margin -3.5%) and EBITDA of -₹4.65 Cr (EBITDA margin -6.4%) for FY 2020, as per its filed financial statements.