Raajratna Metal Industries Profile
Key Indicators
- Authorised Capital ₹ 22.50 Cr
- Paid Up Capital ₹ 8.36 Cr
- Company Age 36 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 292.00 Cr
- Satisfied Charges ₹ 151.40 Cr
- Revenue Growth 14.62%
- Profit Growth -6.84%
- Ebitda 7.14%
- Net Worth 15.39%
- Total Assets 19.13%
About Raajratna Metal Industries
Raajratna Metal Industries Ltd (RMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 1988 and has a history of 36 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Raajratna Chemicals Private Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 22.50 Cr and a paid-up capital of Rs 8.36 Cr.
The company currently has active open charges totaling ₹292.00 Cr. The company has closed loans amounting to ₹151.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Raajratna Metal Industries Ltd India is Bhabutmal Sen as CFO. Amol Dalal, Rujuta Shah, Leelaben Sanghvi, and Eight other members 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
U24231GJ1988PLC010673
- Company No.
010673
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 May 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Metals and Minerals
What products or services does Raajratna Metal Industries Ltd offer?
Raajratna Metal Industries Ltd offers a wide range of products and services, including Nails & Pins, Wire Nails, Steel Bars, Rods, Plates & Sheets, Stainless Steel Bars, Metal and Alloy Wires, Metal Wire, Welding Wires, Steel Bars, Binding Wire, Metal & Metal Made Products.
Who are the key members and board of directors at Raajratna Metal Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhabutmal Sen | CFO | 15-Oct-2014 | Current |
Babulal Sanghvi  | Managing Director | 27-Sep-2005 | Current |
| Arvindkumar Sanghvi | Managing Director | 27-Sep-2004 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amol Dalal | Director | 07-Dec-2022 | Current |
| Rujuta Shah | Director | 12-Mar-2020 | Current |
| Leelaben Sanghvi | Whole-Time Director | 11-May-2015 | Current |
| Purvashi Adhvaryu | Director | 09-Mar-2021 | Current |
| Vinod Sanghvi | Whole-Time Director | 07-Apr-2017 | Current |
| Kunal Sanghvi | Whole-Time Director | 01-Oct-2016 | Current |
Financial Performance of Raajratna Metal Industries.
Raajratna Metal Industries Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 14.62% increase. The company also saw a slight decrease in profitability, with a 6.84% decrease in profit. The company's net worth Soared by an impressive increase of 15.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Raajratna Metal Industries?
In 2021, Raajratna Metal Industries had a promoter holding of 99.31% and a public holding of 0.70%. 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 and Arvindkumar Sanghvi are mutual person
Raajratna Wirerope Private LimitedManish Sanghvi is a mutual person
Raajratna Stainless Private LimitedVinod Sanghvi and Arvindkumar Sanghvi are mutual person
Raajratna Electrodes Private LimitedVinod Sanghvi, Kunal Sanghvi and 1 more are mutual person
- Raajratna Stockholding Private Limited
Vinod Sanghvi, Kunal Sanghvi and 2 more are mutual person
Concept Infoway Private LimitedNaresh Sanghvi is a mutual person
Charges (Loans)
Open Charges
₹292.00 Cr
Satisfied Charges
₹151.40 Cr
Charges Breakdown by Lending Institutions
- Others : 292.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 1997 | Others | ₹292.00 Cr | Open |
| 08 Oct 2014 | Yes Bank Limited | ₹10.00 Cr | Satisfied |
| 07 Jun 2011 | Bank Of Baroda | ₹6.00 Cr | Satisfied |
| 02 Jul 2010 | Yes Bank Limited | ₹10.00 Cr | Satisfied |
| 29 Mar 2010 | Idbi Bank Limited | ₹7.20 Cr | Satisfied |
How Many Employees Work at Raajratna Metal Industries?
Raajratna Metal Industries has a workforce of 1390 employees as of Mar 31, 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 Metal Industries, 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 Metal Industries'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.
Latest Updates, News, and FAQs on Raajratna Metal Industries
Recent activity within the organization
- Annual General Meeting
Raajratna Metal Industries Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Raajratna Metal Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Amol Rohitbhai Dalal was appointed as a Director was appointed as a Director on 07 Dec 2022 & has been associated with this company since 2 years 3 months .
- Charges
A charge registered on 17 Apr 1995 via Charge ID 90098129 with The Industrial Credit & Investment Corporation Of India was fully satisfied on 21 Jan 2022.
- Charges
A charge registered on 08 Oct 2014 via Charge ID 10530302 with Yes Bank Limited was fully satisfied on 07 Oct 2021.
- Charges
A charge with Others of Rs. 292.00 Cr registered on 29 Oct 1997 with Charge ID 90098705 was modified on 07 Oct 2021.
Frequently asked questions
What is the Incorporation or founding date of Raajratna Metal Industries Ltd?
Raajratna Metal Industries Ltd was incorporated on 09 May 1988.
What is authorized share capital and paid-up capital of Raajratna Metal Industries Ltd?
The authorized share capital of Raajratna Metal Industries Ltd is ₹ 22.50 Cr and paid-up capital is ₹ 8.36 Cr.
Who are the current board members & directors of Raajratna Metal Industries Ltd?
Currently 12 directors are associated with Raajratna Metal Industries Ltd.
- Amol Rohitbhai Dalal
- Rujuta Ashvinbhai Shah
- Leelaben Arvindkumar Sanghvi
- Purvashi Dineshchandra Adhvaryu
- Bhabutmal Jawanmalji Sen
- Vinod Babulal Sanghvi
- Kunal Arvindkumar Sanghvi
- Manish Babulal Sanghvi
- Naresh Babulal Sanghvi
- Tarachand Dalichand Sanghvi
- Babulal Dalichand Sanghvi
- Arvindkumar Dalichand Sanghvi
What is the registered address of Raajratna Metal Industries Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Raajratna Metal Industries Ltd is 909 Sakar-Iii, Nr.Income Tax Circle Navrangpura India, Ahmedabad, Gujarat, 380014.
What is the corporate identification number (CIN) and company number of Raajratna Metal Industries Ltd?
The corporate identification number (CIN) of Raajratna Metal Industries Ltd is U24231GJ1988PLC010673 and the company number is 010673 as per Ministry of Corporate Affairs (MCA).
What is the official website of Raajratna Metal Industries Ltd?
The Official website of Raajratna Metal Industries Ltd is https://www.raajratna.com
What has been the recent revenue trend for Raajratna Metal Industries Ltd?
According to the financial reports for the fiscal year 2021, the revenue trend for Raajratna Metal Industries Ltd has risen by 14.62%.
How many employees does Raajratna Metal Industries Ltd currently have?
As Per 2021 financial reports, 1390 employees are currently employed by Raajratna Metal Industries Ltd.
What change has been observed in the net worth of Raajratna Metal Industries Ltd, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Raajratna Metal Industries Ltd has experienced an upsurge of 15.39%.
What are the total open charges for Raajratna Metal Industries Ltd?
As per the financial statements for fiscal Year 2021, The total open charges for Raajratna Metal Industries Ltd amount to ₹ 292.00 Cr.
When was the last Balance Sheet of Raajratna Metal Industries Ltd filed with the ROC?
The most recent Balance Sheet for Raajratna Metal Industries Ltd was filed with the ROC on 31 Mar 2023.
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