Raasi Cement Limited

Produces various types of cement for different purposes since 1978, based in Hyderabad.

1978 | Hyderabad, Telangana (India) | Active
Last Updated:

Raasi Cement Profile

Key Indicators

  • Authorised Capital ₹ 18.25 Cr
  • Paid Up Capital ₹ 8.27 M
  • Company Age 46 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 175.30 Cr
  • Revenue Growth %
  • Profit Growth -130.23%
  • Ebitda -130.23%
  • Net Worth -0.15%
  • Total Assets %

About Raasi Cement

Raasi Cement Limited (RCL) is a Public Limited Indian Non-Government Company incorporated in India on 15 April 1978 and has a history of 46 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

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 18.25 Cr and a paid-up capital of Rs 8.27 M.

The company currently has active open charges totaling ₹175.30 Cr.

Mohan Margabandhu, Venkateswaran Natarajan, and Rakesh Singh serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26942TG1978PLC002288

  • Company No.

    002288

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1978

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at Raasi Cement?

Board Members (3)

NameDesignationAppointment DateStatus
Rakesh Singh Country flag representing In Director 11-Jul-2016Current
Mohan Margabandhu Country flag representing In Director 29-Jun-2016Current
Venkateswaran Natarajan Country flag representing In Director 31-Mar-2015Current

Financial Performance of Raasi Cement.

Raasi Cement Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 130.23% decrease in profit. The company's net worth dipped by a decrease of 0.15%.

Raasi Cement revenue growth over time
Raasi Cement profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
-130.23%
Net Worth
-0.15%
EBITDA
-130.23%

What is the Ownership and Shareholding Structure of Raasi Cement?

In 2023, Raasi Cement had a promoter holding of 93.43% and a public holding of 6.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹175.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 69.14 Cr
  • Industrial Development Bank Of India : 44.43 Cr
  • The Industrial Credit And Investment Co. Of India Ltd : 15.00 Cr
  • The Industrial Credit And Investment Co. Of India Ltd : 6.00 Cr
  • Industrial Finance Co. Of India : 5.86 Cr
  • Others : 34.87 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 1999Icici Banking Co. Limited₹1.76 MOpen
12 Jan 1998Industrial Development Bank Of India₹10.00 CrOpen
26 Dec 1997The Industrial Credit And Investment Co. Of India Ltd₹10.00 CrOpen
13 Feb 1997Industrial Development Bank Of India₹10.00 CrOpen
03 Jan 1996Dcl Finance Limited₹9.79 MOpen

How Many Employees Work at Raasi Cement?

Unlock and access historical data on people associated with Raasi Cement, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Raasi Cement Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raasi Cement, 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 Raasi Cement's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Raasi Cement

Recent activity within the organization

  • Annual General Meeting

    Raasi Cement Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Raasi Cement Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Director Appointment

    Rakesh Singh was appointed as a Director was appointed as a Director on 11 Jul 2016 & has been associated with this company since 8 years 8 months .

  • Director Appointment

    Mohan Veppur Margabandhu was appointed as a Director was appointed as a Director on 29 Jun 2016 & has been associated with this company since 8 years 9 months .

  • Director Appointment

    Venkateswaran Natarajan was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Charges

    A charge with Industrial Finance Co.Of India of Rs. 3.00 Cr registered on 15 Oct 1984 with Charge ID 90139614 was modified on 02 Dec 2003.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Raasi Cement Limited?

    Raasi Cement Limited was incorporated on 15 Apr 1978.

  • What is authorized share capital and paid-up capital of Raasi Cement Limited?

    The authorized share capital of Raasi Cement Limited is ₹ 18.25 Cr and paid-up capital is ₹ 8.27 M.

  • Who are the current board members & directors of Raasi Cement Limited?

    Currently 3 directors are associated with Raasi Cement Limited.

    • Mohan Veppur Margabandhu
    • Venkateswaran Natarajan
    • Rakesh Singh

  • What is the registered address of Raasi Cement Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raasi Cement Limited is Door No.7-1-22/14 1St 2Nd Floor, Venkatram Bagh Begumpet India, Hyderabad, Telangana, 500016.

  • What is the corporate identification number (CIN) and company number of Raasi Cement Limited?

    The corporate identification number (CIN) of Raasi Cement Limited is U26942TG1978PLC002288 and the company number is 002288 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Raasi Cement Limited?

    The Official website of Raasi Cement Limited is https://www.indiacements.co.in

  • What change has been observed in the net worth of Raasi Cement Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Raasi Cement Limited has experienced an downturn of -0.15%.

  • What are the total open charges for Raasi Cement Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Raasi Cement Limited amount to ₹ 175.30 Cr.

  • When was the last Balance Sheet of Raasi Cement Limited filed with the ROC?

    The most recent Balance Sheet for Raasi Cement Limited was filed with the ROC on 31 Mar 2023.

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