Rishabh Sponge Limited - Due diligence report

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

2002-09-09 Kolkata, West Bengal Active Unlisted Active Compliant
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RS Rishabh Sponge Limited
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Rishabh Sponge Limited — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Rishabh Sponge Limited is assessed as Low Risk with a Trust Score of 80/100. Rishabh Sponge Limited is an active public limited indian non-government company incorporated in 2002, 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 low financial risk profile.

Report generated on 28 Sep 2026 from the latest processed filings. Rishabh Sponge Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

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 ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
74/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
80/100
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: 80/100 Low Risk
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (A3).

Charges position: 0 open (-) · 3 satisfied (20.48 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Allahabad Bank1 48.0 cr
Bank Of Baroda1 48.0 cr
Kotak Mahindra Bank Limited1 48.0 cr
Compliance Score: 74/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
MANOJ KUMAR BHANSHALI 01234567 Director 01/04/2018 6 yrs Approved
VIJAYENDRA KUMAR JAIN 01234567 Director 01/04/2018 6 yrs Approved
TRIPTI GOYAL 01234567 Director 01/04/2018 6 yrs Approved
RAMESH CHAND GOYAL 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.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

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
Bdg Metal & Power Ltd.
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 2 transfer(s)

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

Group entityRelationship% held
Bdg Metal & Power Ltd. Holding Company 74.00%
Vardhaman Axles & Wheels Pvt. Ltd. Associate Company 74.00%

Key managerial personnel: MANOJ KUMAR BHANSHALI (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 65
Growth signals & trust indicators
Steady revenue growth: +38% over 4 year(s).
Asset base grew 1.42 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 24+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment77/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
31 Mar 2023
Share transfer (FY 2023)
58080.00000000 shares to Manoj Kumar Bhanshali
Share transfer (FY 2023)
11864.00000000 shares to Sunita Bhanshali
02 Nov 2020
Charge satisfied
Allahabad Bank
30 Sep 2016
Director ceased
RAMESH CHAND GOYAL
14 Jul 2016
Director ceased
MANOJ KUMAR BHANSHALI
01 Jul 2016
Director appointed
RAMESH CHAND GOYAL (Director)
28 Dec 2015
Charge satisfied
Bank Of Baroda
08 Dec 2015
Charge satisfied
Kotak Mahindra Bank Limited
11 Sep 2015
Director appointed
MANOJ KUMAR BHANSHALI (Whole-time director)
Director ceased
SHANTI PAUL BHANSHALI
25 Apr 2015
Director ceased
LATA GOYAL
16 Apr 2015
Director appointed
TRIPTI GOYAL (Director)
30 Mar 2009
Securities allotted
324000.00 Equity Shares - 3.24 cr raised
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 3 registered charge(s) stand satisfied - past borrowings repaid.
Carries an external credit rating of A3 from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
R L J Concast Private Limited U27101WB2008PTC124345 Saltlake, West Bengal, India
Shreyash Aluminium & Alloys Private Limited U27203WB2007PTC116231 Kolkata, West Bengal, India
Met Rolla Steels Private Limited U27106KL1995PTC009063 Muvattupuzha, Kerala, India
Shri Prithvi Alloys Private Limited U27320RJ2005PTC020097 Jaipur, Rajasthan, India
Velan Valves India Private Limited U29220TZ2010FTC017876 Coimbatore, Tamil Nadu, India
Radhey Govind Steel And Alloys Private Limited U27106CT2004PTC017028 Gharghoda, Chattisgarh, India
Mudhra Fine Blanc U34300TN2006PTC059822 Chennai, Tamil Nadu, India
Om Shree Rupesh Steel Private Limited U13100WB2009PTC135116 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify Rishabh Sponge Limited before audits and certifications: compliance score 74/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Rishabh 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: Favourable lending indicators. Credit risk score 80/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

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

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Rishabh Sponge Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Rishabh Sponge Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Rishabh Sponge Limited an active company?

Rishabh Sponge Limited has MCA status “Active” with a compliance score of 74/100 (Moderate).

Is Rishabh Sponge Limited financially healthy?

Rishabh Sponge Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Rishabh Sponge Limited?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Rishabh Sponge Limited?

The ultimate holding entity is Bdg Metal & Power Ltd.. 4 active director(s) are on record.

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

No open charges - all 3 registered charge(s) stand satisfied, indicating past borrowings were repaid.

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

Balance sheet slightly behind (Mar 2024). Overall compliance score: 74/100 (Moderate).

Is it risky to lend to Rishabh Sponge Limited?

Its Credit Risk Score is 80/100 (Low Risk). Banker verdict: Favourable lending indicators.

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.