Rachit Iron And Steels Private Limited

Founded in 2016 and headquartered in Uttar Pradesh, India.

2016 | Kanpur Nagar, Uttar Pradesh (India) | Active
Last Updated: December 24, 2024

Rachit Iron And Steels Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.34 Cr
  • Satisfied Charges ₹ 11.06 Cr
  • Revenue Growth -4.14%
  • Profit Growth -7.01%
  • Ebitda -4.01%
  • Net Worth 30.92%
  • Total Assets 72.88%

About Rachit Iron And Steels

Rachit Iron And Steels Private Limited (RIASPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 May 2016 (Eight years and eight months 25 days old ). Its registered office is in Kanpur Nagar, Uttar Pradesh, 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹1.34 Cr. The company has closed loans amounting to ₹11.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Kedia, Asha Kedia, Rachit Kedia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kanpur Nagar, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rachitsteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28999UP2016PTC083354

  • Company No.

    083354

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

What products or services does Rachit Iron And Steels Private Limited offer?

Rachit Iron And Steels Private Limited offers a wide range of products and services, including Roofing and False ceiling, Profile Sheets, Brackets, Holder & Hardware Fittings, Metal Angles, Steel Bars, Rods, Plates & Sheets, Steel Plates, Roofing Sheets.

Who are the key members and board of directors at Rachit Iron And Steels?

Board Members (6)

Name Designation Appointment Date Status
Yash Kedia Country flag representing In Director 03-Jan-2019 Current
Rachit Kedia Country flag representing In Director 26-Sep-2017 Current
Pradeep Kedia Country flag representing In Director 20-May-2016 Current
Asha Kedia Country flag representing In Director 26-Sep-2017 Current
Vandana Kedia Country flag representing In Director 07-Jun-2021 Current
Manoj Kedia Country flag representing In Director 20-May-2016 Current

Financial Performance of Rachit Iron And Steels.

Rachit Iron And Steels Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.14% decrease. The company also saw a slight decrease in profitability, with a 7.01% decrease in profit. The company's net worth Soared by an impressive increase of 30.92%.

Graph illustrating revenue growth over time
Graph showing 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
-4.14%
Revenue from Operations
-4.14%
Total Assets
72.88%
Profit or Loss
-7.01%
Net Worth
30.92%
EBITDA
-4.01%

What is the Ownership and Shareholding Structure of Rachit Iron And Steels?

In 2022, Rachit Iron And Steels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.34 Cr

Satisfied Charges

₹11.06 Cr

Charges Breakdown by Lending Institutions

  • Sidbi : 1.34 Cr

Latest Charge Details

Date Lender Amount Status
22 Jan 2020 Sidbi ₹1.34 Cr Open
29 Jan 2021 Hdfc Bank Limited ₹4.66 Cr Satisfied
30 Jul 2020 Others ₹2.50 Cr Satisfied
25 Mar 2019 Yes Bank Limited ₹3.00 Cr Satisfied
06 Sep 2016 Others ₹9.00 M Satisfied

How Many Employees Work at Rachit Iron And Steels?

Rachit Iron And Steels has a workforce of 7 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rachit Iron And Steels, 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 Rachit Iron And Steels'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 Rachit Iron And Steels

Recent activity within the organization

  • Annual General Meeting

    Rachit Iron And Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Rachit Iron And Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge registered on 29 Jan 2021 via Charge ID 100441702 with Hdfc Bank Limited was fully satisfied on 01 Dec 2023.

    01 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.66 Cr registered on 29 Jan 2021 with Charge ID 100441702 was modified on 21 May 2022.

    21 May 2022

  • Director Appointment

    Vandana Kedia was appointed as a Director was appointed as a Director on 07 Jun 2021 & has been associated with this company since 3 years 8 months .

    07 Jun 2021

  • Charges

    A charge registered on 30 Jul 2020 via Charge ID 100357167 with Others was fully satisfied on 30 Mar 2021.

    30 Mar 2021

Frequently asked questions

  • Rachit Iron And Steels Private Limited was incorporated on 20 May 2016.

  • The authorized share capital of Rachit Iron And Steels Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 6 directors are associated with Rachit Iron And Steels Private Limited.

    • Pradeep Kumar Kedia
    • Asha Kedia
    • Rachit Kedia
    • Yash Kedia
    • Vandana Kedia
    • Manoj Kumar Kedia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rachit Iron And Steels Private Limited is 84/10 Fazal Ganj, India, Fazalganj, Uttar Pradesh, 208012.

  • The corporate identification number (CIN) of Rachit Iron And Steels Private Limited is U28999UP2016PTC083354 and the company number is 083354 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rachit Iron And Steels Private Limited is https://www.rachitsteel.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rachit Iron And Steels Private Limited has fallen by -4.14%.

  • As Per 2022 financial reports, 7 employees are currently employed by Rachit Iron And Steels Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rachit Iron And Steels Private Limited has experienced an upsurge of 30.92%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rachit Iron And Steels Private Limited amount to ₹ 1.34 Cr.

  • The most recent Balance Sheet for Rachit Iron And Steels Private Limited was filed with the ROC on 31 Mar 2024.

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