About Sponge Enterprises Private Limited
Data last updated:
Sponge Enterprises Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 25 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51101CT1997PTC011778. Its GSTIN is 22AAHCS8266Q1ZM (Chhattisgarh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.62 Cr. It was formerly known as Sridhar Agro Product Pvt Ltd. It is led by directors including Umesh Jain and Mukesh 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 Cabin No 2 602 Offizo Magneto The Mall 6th Floor Labhandi G.E. Road, Raipur, Chhattisgarh, India – 492010.
As per the financials filed for FY 2025, the company reported a revenue of ₹718.52 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹8.75 Cr (net margin 1.2%) and EBITDA of ₹23.47 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 57% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sponge Enterprises. As per MCA filings, the company has open charges of ₹383.32 Cr and satisfied charges of ₹57.21 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spongeenterprises.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCabin No 2 602 Offizo Magneto The Mall 6th Floor Labhandi G.E. Road, Raipur, Chhattisgarh, India – 492010
- 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
Business Activity of Sponge Enterprises Private Limited
The main business activities of Sponge Enterprises are manufacturing and trade. In detail, this covers food, beverages and tobacco products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Sponge Enterprises Private Limited FY 2024 filings available
Sponge Enterprises Private Limited reported revenue of ₹718.52 Cr (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sponge Enterprises Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 59% growth in the latest year. EBITDA rose 96% 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 Sponge Enterprises 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 | ₹23.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.75 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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.
Peer Comparison of Sponge Enterprises Private Limited
Sponge Enterprises Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Staple Foods). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jodhani Papers Private Limited | ₹738.2 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Karnataka, India |
| Tara Chand Rice Mills Private Limited | ₹737.29 Cr (FY 2017) | •••• | •••• | 26.0% | •••• | Nissing, Haryana, India |
| Gpa Foods Private Limited | ₹733.25 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Pagariya Exports Private Limited | ₹731.81 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Nagpur, Maharashtra, India |
| K I C Metaliks Limited Listed | ₹718.54 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Sponge Enterprises Private Limited this company | ₹718.52 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Raipur, Chhattisgarh, India |
| Akshar Agri India Private Limited | ₹708.21 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Shree Jagdamba Agrico Exports Private Limited | ₹707.07 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Karnal, Haryana, India |
| Narsingh Ispat Limited | ₹699.74 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Lotus Resources India Private Limited | ₹688.89 Cr (FY 2025) | •••• | •••• | 723.0% | •••• | New Delhi, Delhi, India |
| G.V. (God Vishnu) Rice Exports Private Limited | ₹688.77 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Karnal, Haryana, India |
Peers are the five companies nearest above and the five nearest below Sponge Enterprises by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Staple Foods), 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 Sponge Enterprises Private Limited
Sponge Enterprises Private Limited is audited by B.C.P. JAIN & CO. for the financial year 2023.
| 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 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Jain | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
| Mukesh Jain | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
| Subhash Sukumaran | Director | 17 May 2024 | 2 Years 4 Months | Current |
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2025 | Others | ₹128.4 Cr | Open |
| 01 Nov 2025 | State Bank of India | ₹78.83 Cr | Open |
| 22 May 2025 | Others | ₹7 Cr | Open |
| 31 Jul 2024 | Others | ₹5 Cr | Open |
| 05 Aug 2023 | Others | ₹55 Cr | Open |
Total charge records: 17 View all charges
Legal Cases of Sponge Enterprises Private Limited
Sponge Enterprises Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 28 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Services Limited | Disposed |
Full case history
All 1 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.
Associated Brands with Sponge Enterprises Private Limited
Sponge Enterprises operates one associated brand: Sponge Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rice processing, export services, and mineral imports in India. | spongeenterprises.com |
Employees and EPFO Compliance at Sponge Enterprises Private Limited
Sponge Enterprises Private Limited has a workforce of 18 employees as of Apr 10, 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 Sponge Enterprises Private Limited
Sponge Enterprises has one previous CIN (Corporate Identification Number): U51101MP1997PTC011778. The current CIN is U51101CT1997PTC011778, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101CT1997PTC011778 | Current |
| U51101MP1997PTC011778 | Previous |
Recent Activity on Sponge Enterprises Private Limited
Sponge Enterprises Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Subhash Sukumaran ceased to be Additional Director on 29 Sep 2024.
30 earlier events are listed in the company report.
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: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAHCS8266Q1ZM | Chhattisgarh | Active | 01 Jul 2017 |
| 22AAHCS8266Q2ZL | Chhattisgarh | Active | 06 Jul 2023 |
| 37AAHCS8266Q1ZB | Andhra Pradesh | Active | 16 Oct 2020 |
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 is an active private limited company based in Raipur, Chhattisgarh, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 25 March 1997 (29+ years old) and is registered under CIN U51101CT1997PTC011778.
Sponge Enterprises reported revenue of ₹718.52 Cr for FY 2025 (up 59% YoY).
Sponge Enterprises has 3 current directors:
- Umesh Jain - Director
- Mukesh Jain - Director
- Subhash Sukumaran - Director
Sponge Enterprises reported a net profit of ₹8.75 Cr (net margin 1.2%) and EBITDA of ₹23.47 Cr (EBITDA margin 3.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sponge Enterprises is 34% over three years and 57% over five years. In the latest year (FY 2025) revenue rose 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sponge Enterprises is 22AAHCS8266Q1ZM, registered in Chhattisgarh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 22AAHCS8266Q2ZL (Chhattisgarh), 37AAHCS8266Q1ZB (Andhra Pradesh).
The CIN (Corporate Identification Number) of Sponge Enterprises is U51101CT1997PTC011778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sponge Enterprises has 1 court case on record: 1 filed against it.
Sponge Enterprises was incorporated on 25 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Sponge Enterprises by revenue are Jodhani Papers Private Limited, Tara Chand Rice Mills Private Limited, Gpa Foods Private Limited, Pagariya Exports Private Limited, K I C Metaliks Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution, Staple Foods).
Subhash Sukumaran ceased to be Additional Director on 29 Sep 2024. Subhash Sukumaran was appointed as Director on 17 May 2024. Shrinivas Rao ceased to be Director on 05 Mar 2021. Sponge Enterprises has 8 board changes on record in total.