Raajratna Electrodes Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 33 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.64 Cr
- Satisfied Charges ₹ 15.93 Cr
- Revenue Growth 24.68%
- Profit Growth 87.48%
- Ebitda 79.89%
- Net Worth 30.39%
- Total Assets 26.47%
About Raajratna Electrodes
Raajratna Electrodes Private Limited (REPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 1991 and has a history of 33 years and four months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹15.64 Cr. The company has closed loans amounting to ₹15.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tarachand Sanghvi, Vinod Sanghvi, Kunal Sanghvi, and One other member serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29308GJ1991PTC016444
- Company No.
016444
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Oct 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Raajratna Electrodes Private Limited offer?
Raajratna Electrodes Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Metal Wire, Welding, Rods, Electrodes & Wires, Welding Electrodes, Welding Wires, Welding Equipments & Machinery, Tig Welding Spares.
Who are the key members and board of directors at Raajratna Electrodes?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashokkumar Sanghvi  | Managing Director | 25-Jul-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tarachand Sanghvi | Director | 18-Oct-1991 | Current |
| Vinod Sanghvi | Director | 30-Mar-2015 | Current |
| Kunal Sanghvi | Director | 30-Mar-2015 | Current |
Financial Performance of Raajratna Electrodes.
Raajratna Electrodes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.68% increase. The company also saw a substantial improvement in profitability, with a 87.48% increase in profit. The company's net worth Soared by an impressive increase of 30.39%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Raajratna Electrodes?
In 2023, Raajratna Electrodes had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rainox Wiremesh Private LimitedKunal Sanghvi is a mutual person
Raajratna Stainless Private LimitedVinod Sanghvi is a mutual person
Raajratna Metal Industries LtdTarachand Sanghvi, Vinod Sanghvi and 1 more are mutual person
- Raajratna Stockholding Private Limited
Vinod Sanghvi, Kunal Sanghvi and 1 more are mutual person
Raajratna Ventures LimitedTarachand Sanghvi is a mutual person
Raajratna Nirman Private LimitedTarachand Sanghvi and Ashokkumar Sanghvi are mutual person
Charges (Loans)
₹15.64 Cr
₹15.93 Cr
Charges Breakdown by Lending Institutions
- Others : 9.99 Cr
- Idbi Bank Limited : 4.90 Cr
- I.D.B.I. Bank Limited : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2018 | Others | ₹5.00 M | Open |
| 01 Oct 2018 | Others | ₹6.00 M | Open |
| 01 Oct 2018 | Others | ₹8.89 Cr | Open |
| 01 Jul 1999 | I.D.B.I. Bank Limited | ₹7.50 M | Open |
| 12 May 1999 | Idbi Bank Limited | ₹4.90 Cr | Open |
How Many Employees Work at Raajratna Electrodes?
Raajratna Electrodes has a workforce of 50 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Raajratna Electrodes, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Raajratna Electrodes's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
