Rai Metal Works Private Limited

Specializes in ship breaking with a capacity of 20,000 LDT, managed by Meghani family.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated:

Rai Metal Works Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.47 Cr
  • Company Age 42 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 128.00 Cr
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -7.26%
  • Profit Growth 45.37%
  • Ebitda 76.54%
  • Net Worth 21.46%
  • Total Assets -51.25%

About Rai Metal Works

Rai Metal Works Private Limited (RMWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 1982 and has a history of 42 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 3.50 Cr and a paid-up capital of Rs 3.47 Cr.

The company currently has active open charges totaling ₹128.00 Cr. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Riyazhussain Meghani, Mohsinali Varteji, Amirali Bhimani, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27300MH1982PTC027860

  • Company No.

    027860

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Rai Metal Works?

Board Members (4)

NameDesignationAppointment DateStatus
Mohsinali Varteji Country flag representing In Director 29-Jan-2020Current
Riyazhussain Meghani Country flag representing In Director 11-Jul-2018Current
Amirali Bhimani Country flag representing In Director 06-Nov-2020Current
Mohmedhusen Meghani Country flag representing In Director 19-Jan-1996Current

Financial Performance of Rai Metal Works.

Rai Metal Works Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 7.26% decrease. The company also saw a substantial improvement in profitability, with a 45.37% increase in profit. The company's net worth Soared by an impressive increase of 21.46%.

Rai Metal Works revenue growth over time
Rai Metal Works 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
-7.26%
Revenue from Operations
-7.37%
Total Assets
-51.25%
Profit or Loss
45.37%
Net Worth
21.46%
EBITDA
76.54%

What is the Ownership and Shareholding Structure of Rai Metal Works?

In 2021, Rai Metal Works 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

₹128.00 Cr

Satisfied Charges

₹0.40 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 102.00 Cr
  • State Bank Of Saurashtra : 26.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2012State Bank Of India₹102.00 CrOpen
08 Apr 1996State Bank Of Saurashtra₹20.00 CrOpen
28 Jun 1994State Bank Of Saurashtra₹6.00 CrOpen
28 Dec 1987Oriental Bank Of Commerce₹1.50 MSatisfied
31 Mar 1983Oriental Bank Of Commerce₹2.50 MSatisfied

How Many Employees Work at Rai Metal Works?

Rai Metal Works has a workforce of 56 employees as of Apr 08, 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.

Employee growth trends for Rai Metal Works Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rai Metal Works, 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 Rai Metal Works'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 Rai Metal Works

Recent activity within the organization

  • Annual General Meeting

    Rai Metal Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Rai Metal Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with State Bank Of India of Rs. 102.00 Cr registered on 12 Sep 2012 with Charge ID 10381015 was modified on 28 Mar 2023.

  • Director Appointment

    Amirali Sabirali Bhimani was appointed as a Director was appointed as a Director on 06 Nov 2020 & has been associated with this company since 4 years 4 months .

  • Director Appointment

    Mohsinali Anvarali Varteji was appointed as a Director was appointed as a Director on 29 Jan 2020 & has been associated with this company since 5 years 2 months .

  • Charges

    A charge registered on 28 Dec 1987 via Charge ID 90185283 with Oriental Bank Of Commerce was fully satisfied on 02 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Rai Metal Works Private Limited?

    Rai Metal Works Private Limited was incorporated on 26 Jul 1982.

  • What is authorized share capital and paid-up capital of Rai Metal Works Private Limited?

    The authorized share capital of Rai Metal Works Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.47 Cr.

  • Who are the current board members & directors of Rai Metal Works Private Limited?

    Currently 4 directors are associated with Rai Metal Works Private Limited.

    • Riyazhussain Gulamhasan Meghani
    • Mohsinali Anvarali Varteji
    • Amirali Sabirali Bhimani
    • Mohmedhusen Gulamhasan Meghani

  • What is the registered address of Rai Metal Works Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rai Metal Works Private Limited is 6/20 Navjivan Commercial Premises Lamington Road, (Dr D. Bhadkamkar Road) India, Mumbai, Maharashtra, 400008.

  • What is the corporate identification number (CIN) and company number of Rai Metal Works Private Limited?

    The corporate identification number (CIN) of Rai Metal Works Private Limited is U27300MH1982PTC027860 and the company number is 027860 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rai Metal Works Private Limited?

    The Official website of Rai Metal Works Private Limited is https://www.raimetalworks.com

  • What has been the recent revenue trend for Rai Metal Works Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Rai Metal Works Private Limited has fallen by -7.26%.

  • How many employees does Rai Metal Works Private Limited currently have?

    As Per 2022 financial reports, 56 employees are currently employed by Rai Metal Works Private Limited.

  • What change has been observed in the net worth of Rai Metal Works Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Rai Metal Works Private Limited has experienced an upsurge of 21.46%.

  • What are the total open charges for Rai Metal Works Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Rai Metal Works Private Limited amount to ₹ 128.00 Cr.

  • When was the last Balance Sheet of Rai Metal Works Private Limited filed with the ROC?

    The most recent Balance Sheet for Rai Metal Works Private Limited was filed with the ROC on 31 Mar 2024.

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