Calstar Sponge Limited - Due diligence report

A 360° intelligence report on Calstar Sponge Limited: trust score, financial health, credit view, compliance, directors, growth and distress…

2004-03-01 Kolkata, West Bengal Active Unlisted Active Compliant
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Calstar Sponge Limited — 360° Intelligence Report

Generated from MCA filings & public records
72/100
Trust Score
Moderate

Calstar Sponge Limited is assessed as Moderate with a Trust Score of 72/100. Calstar Sponge Limited is an active public limited indian non-government company incorporated in 2004, operating in the Metals and Minerals sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.

Report generated on 14 Aug 2026 from the latest processed filings. Calstar Sponge Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
55/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 70/100 Moderate
  • Profitable - internal accruals available.
  • Externally credit-rated (A4).

Charges position: 2 open (85.00 cr) · 3 satisfied (42.50 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Indian Bank2 48.0 cr
West Bengal Financial Corporation1 48.0 cr
State Bank Of India1 48.0 cr
Compliance Score: 55/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
TULSI RAM AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
RAJIV AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
VIKAS AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
VINAY AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2025 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
1
Capital events
5 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Calstar Steel Limited Associate Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Operating for 22+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
Compliance score is weak (55/100).
2 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence63/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment65/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 85.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view69/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
16 Jul 2024
Charge satisfied
Indian Bank
30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
30 Dec 2022
Charge created
Others - 60.00 cr
31 Mar 2012
Securities allotted
65000.00 Equity Shares - 6.50 cr raised
01 Mar 2012
Securities allotted
44000.00 Equity Shares - 4.40 cr raised
24 Jan 2012
Charge satisfied
State Bank Of India
31 Mar 2011
Securities allotted
850000.00 Equity Shares - 8.50 cr raised
09 Apr 2010
Charge satisfied
West Bengal Financial Corporation
31 Mar 2009
Securities allotted
416000.00 Equity Shares - 4.16 cr raised
01 Oct 2008
Securities allotted
133000.00 Equity Shares - 93.10 Lakh raised
28 Nov 2007
Charge created
Indian Bank - 25.00 cr
26 Nov 2007
Charge created
Indian Bank - 27.50 cr
01 Mar 2007
Director appointed
VIKAS AGARWAL (Director)
24 Oct 2005
Charge created
State Bank Of India - 5.00 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A4 from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2025 annual return.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Shyam Ferrous Limited U27103UP1996PLC019538 Kanpur, Uttar Pradesh, India
Db Steels Private Limited U27209DL2008PTC179138 Delhi, Delhi, India
Polybond U22208MH1983PTC030558 Pune, Maharashtra, India
Salagram Power And Steel Private Limited U31100WB2011PTC168115 Kolkata, West Bengal, India
Frick India L74899HR1962PLC002618 Haryana, Haryana, India
Chemico Synthetics Ltd U17114DL1997PLC084759 Delhi, Delhi, India
Chamundi Die Cast Private Limited U27201KA1985PTC006985 Bangalore, Karnataka, India
Utkarsh Bars Private Limited U27100GJ1988PTC011222 Ahmedabad, Gujarat, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Calstar Sponge Limited before audits and certifications: compliance score 55/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Calstar Sponge Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 70/100, margin trends, ownership structure and peer set for Calstar Sponge Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Calstar Sponge Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Calstar Sponge Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Calstar Sponge Limited an active company?

Calstar Sponge Limited has MCA status “Active” with a compliance score of 55/100 (Moderate).

Is Calstar Sponge Limited financially healthy?

Calstar Sponge Limited has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.

Should I do business with Calstar Sponge Limited?

Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Calstar Sponge Limited?

Promoters hold a majority stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Calstar Sponge Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Calstar Sponge Limited up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 55/100 (Moderate).

Is it risky to lend to Calstar Sponge Limited?

Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.