- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-14-0007065

Uday Sponge and Power Private Limited
About Uday Sponge and Power Private Limited
Data last updated:
Uday Sponge and Power Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27102CT2004PTC016621. Its GSTIN is 22AAACU7071J1ZC (Chattisgarh).
The company has an authorised share capital of ₹5.75 Cr and a paid-up capital of ₹5.75 Cr. It is led by directors Akshit Tayal and Hemant Tayal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bhumina Sankara Post – Tilda, Raipur, Chhattisgarh, India – 493114.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.71 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹28 Lakh (net margin 0.8%) and EBITDA of ₹72.04 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 22% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹13.77 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Uday Sponge and Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0007065). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Uday Sponge and Power
Contact details
Uday Sponge and Power Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhumina Sankara Post – Tilda, Raipur, Chhattisgarh, India – 493114
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Uday Sponge and Power Private Limited, buy the company report.
- 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
Business activity
The main business activity of Uday Sponge and Power is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Uday Sponge and Power Private Limited, buy the company report.
Financials of Uday Sponge and Power Private Limited
FY 2025 filings availableUday Sponge and Power Private Limited reported revenue of ₹36.71 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 25% growth in the latest year. EBITDA fell 46% 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
| 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 | ₹72.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Uday Sponge and Power Private Limited, buy the company report.
Board of directors of Uday Sponge and Power Private Limited
Uday Sponge and Power has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshit Tayal | Director | 14 Aug 2017 | 9 Years 2 Months | Current |
| Hemant Tayal | Director | 23 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Uday Sponge and Power Private Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaveri Alloy Castings Private Limited | ₹36.91 Cr (FY 2025) | 32.0% | Puducherry, India | |||
| Chanda Steel Works Private Limited | ₹36.83 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India | |||
| Taurus Value Steel & Pipes Private Limited | ₹36.72 Cr (FY 2025) | -46.0% | Telangana, India | |||
| Shree Ram Alloys and Ingots Private Limited | ₹36.72 Cr (FY 2016) | 3.0% | Kolkata, West Bengal, India | |||
| Uday Sponge and Power Private Limitedthis company | ₹36.71 Cr (FY 2025) | ₹28 Lakh | 0.8% | 25.0% | Raipur, Chhattisgarh, India | |
| Munshi Kewal Steels (India) Private Limited | ₹36.48 Cr (FY 2024) | 24.0% | Delhi, India | |||
| Vinayaka Bright Steels Private Limited | ₹36.44 Cr (FY 2024) | 20.0% | Nagpur, Maharashtra, India | |||
| Savitri Stainless Private Limited | ₹36.38 Cr (FY 2025) | -25.0% | Kharkhoda, Sonipat, Haryana, India |
To see the full peer comparison of Uday Sponge and Power Private Limited, buy the company report.
Auditor
Uday Sponge and Power Private Limited is audited by RITESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RITESH & ASSOCIATES | FY 2023 | 010671C |
Shareholding
The shareholding of Uday Sponge and 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 category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Uday Sponge and Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2022 | 100544769 | Others | ₹6 Cr | Open | |
| 24 Nov 2021 | 100508371 | Others | ₹41.32 Lakh | Satisfied | |
| 09 Nov 2009 | 10190903 | United Bank of India | ₹6 Cr | Satisfied | |
| 30 Dec 2008 | 10138691 | Indian Bank | ₹1.75 Cr | Satisfied | |
| 30 Dec 2008 | 10138696 | Indian Bank | ₹1.85 Cr | Satisfied |
To see the full charge records of Uday Sponge and Power Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Uday Sponge and Power Private Limited has 3 court cases on record: 1 filed by Uday Sponge and Power, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by HDFC Bank Ltd. (Rep.Mrs. Shahzee Kazim) | Pending |
| Supreme Court | Court case (1429-Criminal Matters : Matters for/against quashing of criminal proceedings) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against an individual | Disposed |
To see the full case history of Uday Sponge and Power Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Uday Sponge and Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Uday Sponge and Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAACU7071J1ZC | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Uday Sponge and Power Private Limited, buy the company report.
Recent activity
Uday Sponge and Power Private Limited has 24 board changes on record since 2004: 13 appointments and 11 cessations. The latest: Pramod Kumar Agrawal ceased to be Managing Director on 28 Feb 2018.
29 earlier events are in the company report.
Frequently asked questions
Uday Sponge and Power is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 May 2004 (22+ years old) and is registered under CIN U27102CT2004PTC016621.
Uday Sponge and Power has 2 current directors:
- Akshit Tayal - Director
- Hemant Tayal - Director
The latest financial statements of Uday Sponge and Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Uday Sponge and Power is 22AAACU7071J1ZC, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Uday Sponge and Power is U27102CT2004PTC016621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Uday Sponge and Power has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Uday Sponge and Power was incorporated on 18 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Uday Sponge and Power by revenue are Kaveri Alloy Castings Private Limited, Chanda Steel Works Private Limited, Taurus Value Steel & Pipes Private Limited, Shree Ram Alloys and Ingots Private Limited, Munshi Kewal Steels (India) Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Pramod Kumar Agrawal ceased to be Managing Director on 28 Feb 2018. Rajesh Agarwal ceased to be Director on 28 Feb 2018. Vikas Agrawal ceased to be Director on 28 Feb 2018. Uday Sponge and Power has 24 board changes on record in total.
Yes, Uday Sponge and Power is registered as a small enterprise under Udyam registration (number: UDYAM-CG-14-0007065).
The registered office of Uday Sponge and Power is at Bhumina Sankara Post – Tilda, Raipur, Chhattisgarh, India – 493114.

