MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-05-0001693
Srihari Sponge LLP
Srihari Sponge LLP - metals and minerals in Bellary, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹157.49 Cr
▼ 15% YoY
Net profit · FY 2023
₹3.24 Cr
Net margin 2.1%
EBITDA · FY 2023
₹6.34 Cr
EBITDA margin 4%
Contribution obligation
₹2 Lakh
As per LLP agreement
Open charges
₹15.38 Cr
Secured borrowings
LLP age
10 yrs
Est. 2016
Employees · EPFO
9
Provident fund records
Designated partners
3
As per MCA filings
About Srihari Sponge LLP
Data last updated:
Srihari Sponge LLP is a limited liability partnership (LLP) based in Bellary, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 09 March 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAF-8845.
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners including Akshat Saraf and Kailash Vyas.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Ground Floor No 12 Navodaya Catholic Centre Opp Opd Hospital Cantonment, Bellary, Karnataka, India – 583104.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹157.49 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Cr (net margin 2.1%) and EBITDA of ₹6.34 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 44% over five years.
The LLP has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹15.38 Cr on record.
Srihari Sponge LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0001693).
Company details
LLPIN AAF-8845
Incorporation Date 09 March 2016
Total Obligation of Contribution ₹2 Lakh
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-KR-05-0001693
Key People
Akshat Saraf Designated Partner Kailash Vyas Designated Partner Kushaal Saraf Designated Partner Recognitions & Rankings of Srihari Sponge
Contact details
Srihari Sponge LLP's registered office is in Bellary, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor No 12 Navodaya Catholic Centre Opp Opd Hospital Cantonment, Bellary, Karnataka, India – 583104
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Srihari Sponge LLP, buy the company report.
Comprehensive company report
Srihari Sponge LLP - 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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Financials of Srihari Sponge LLP
FY 2024 filings availableSrihari Sponge LLP reported revenue of ₹157.49 Cr (down 15% YoY) for FY 2023.
Revenue · FY 2023
₹157.49 Cr ▼ 15%
Net profit · FY 2023
₹3.24 Cr margin 2.1%
EBITDA · FY 2023
₹6.34 Cr margin 4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 52%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 48%
5 years · compounded
▲ 175%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 12% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹3.24 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Srihari Sponge LLP, buy the company report.
Designated partners of Srihari Sponge LLP
Srihari Sponge has 3 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshat Saraf Also directs: Kushaal Spaces LLP, Kairos Developers LLP, Coral Agro Farms Private Limited and 1 more | Designated Partner | 25 Mar 2019 | 7 Years 7 Months | Current |
| Kailash Vyas Also directs: Thanush Ispat Private Limited, Unico Stone Extractors LLP, Ecomine Estates LLP and 2 more | Designated Partner | 25 Mar 2019 | 7 Years 7 Months | Current |
| Kushaal Saraf Also directs: Radha Raichandani Developers LLP, Radha Spaces LLP, Radha Ramana Deep Developers LLP and 5 more | Designated Partner | 25 Mar 2019 | 7 Years 7 Months | Current |
Charges & borrowings
Open charges
₹15.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2021 | 100497790 | Hdfc Bank Limited | ₹37.61 Lakh | Open | |
| 29 Jan 2021 | 100428296 | Hdfc Bank Limited | ₹15 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Srihari Sponge LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Srihari Sponge LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Srihari Sponge LLP has a workforce of 10 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
GST
No GST registration is on our record for Srihari Sponge LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Srihari Sponge LLP has 7 designated partner changes on record since 2019: 3 appointments and 4 cessations. The latest: Suman Kumar Saraf ceased to be Designated Partner on 01 Apr 2025.
Ceased
Suman Kumar Saraf ceased to be Designated Partner.
AGM
Srihari Sponge Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Srihari Sponge Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 37.61 Lakh with Charge ID 100497790 was registered on 25 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,500.00 Lakh with Charge ID 100428296 was registered on 29 Jan 2021.
Ceased
Manilal Chalasani ceased to be Designated Partner.
Appointed
Akshat Saraf was appointed as Designated Partner.
Ceased
Chalasani Kalyani ceased to be Designated Partner.
Ceased
Chalasani Venkatarathnam ceased to be Designated Partner.
Appointed
Kailash Vyas was appointed as Designated Partner.
Appointed
Kushaal Saraf was appointed as Designated Partner.
Incorporation
09 Mar 2016
Srihari Sponge Llp was registered on 09 Mar 2016 with Roc Bangalore & aged 10 years 7 months as per MCA records.
Frequently asked questions
Srihari Sponge is an active limited liability partnership based in Bellary, Karnataka, India. The LLP works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 09 March 2016 (10+ years old) and is registered under LLPIN AAF-8845.
Srihari Sponge has 3 current designated partners:
- Akshat Saraf - Designated Partner
- Kailash Vyas - Designated Partner
- Kushaal Saraf - Designated Partner
The latest financial statements of Srihari Sponge on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Srihari Sponge is AAF-8845. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Srihari Sponge was incorporated on 09 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Suman Kumar Saraf ceased to be Designated Partner on 01 Apr 2025. Manilal Chalasani ceased to be Designated Partner on 03 Mar 2020. Akshat Saraf was appointed as Designated Partner on 25 Mar 2019. Srihari Sponge has 7 designated partner changes on record in total.
Yes, Srihari Sponge is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-05-0001693).
The registered office of Srihari Sponge is at Ground Floor No 12 Navodaya Catholic Centre Opp Opd Hospital Cantonment, Bellary, Karnataka, India – 583104.
Srihari Sponge operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Srihari Sponge has open charges of ₹15.38 Cr and no satisfied charges on record as per latest MCA filings.