Raic Integrated Sponge & Power Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.71 Cr
- Company Age 22 Year, 3 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 548.91 Cr
- Satisfied Charges ₹ 88.15 Cr
- Revenue Growth 45.26%
- Profit Growth 49.77%
- Ebitda 27.84%
- Net Worth 30.74%
- Total Assets 17.89%
About Raic Integrated Sponge & Power
Raic Integrated Sponge & Power Private Limited (RISPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 February 2003 and has a history of 22 years. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Bhagwati Sponge 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 8.00 Cr and a paid-up capital of Rs 7.71 Cr.
The company currently has active open charges totaling ₹548.91 Cr. The company has closed loans amounting to ₹88.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sheo Singh, Vivek Adukia, Dinesh Adukia, and One other member serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27105WB2003PTC095823
- Company No.
095823
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Feb 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Raic Integrated Sponge & Power?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sheo Singh  | Director | 21-Apr-2017 | Current |
| Vivek Adukia | Director | 04-Apr-2011 | Current |
| Dinesh Adukia | Director | 04-Apr-2011 | Current |
| Gyan Adukia | Director | 15-Feb-2019 | Current |
Financial Performance of Raic Integrated Sponge & Power.
Raic Integrated Sponge & Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.26% increase. The company also saw a substantial improvement in profitability, with a 49.77% increase in profit. The company's net worth Soared by an impressive increase of 30.74%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Raic Integrated Sponge & Power?
In 2023, Raic Integrated Sponge & Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aic Casting Pvt. Ltd.Sheo Singh, Vivek Adukia and 2 more are mutual person
Aic Iron Industries Private LimitedSheo Singh, Vivek Adukia and 2 more are mutual person
- Taic Iron And Steel Private Limited
Vivek Adukia, Dinesh Adukia and 1 more are mutual person
- Aic Steel Private Limited
Vivek Adukia, Dinesh Adukia and 1 more are mutual person
- Aic Metaliks Private Limited
Vivek Adukia, Dinesh Adukia and 1 more are mutual person
- N.N. Ispat Private Limited
Vivek Adukia, Dinesh Adukia and 1 more are mutual person
Charges (Loans)
₹548.91 Cr
₹88.15 Cr
Charges Breakdown by Lending Institutions
- Others : 183.49 Cr
- Hdfc Bank Limited : 161.25 Cr
- Axis Bank Limited : 139.17 Cr
- Yes Bank Limited : 65.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Axis Bank Limited | ₹1.01 Cr | Open |
| 27 Jun 2024 | Others | ₹40.00 Cr | Open |
| 30 Mar 2024 | Axis Bank Limited | ₹1.18 Cr | Open |
| 20 Dec 2023 | Axis Bank Limited | ₹8.50 M | Open |
| 24 Nov 2023 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Raic Integrated Sponge & Power?
Raic Integrated Sponge & Power has a workforce of 375 employees as of May 09, 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 Raic Integrated Sponge & Power, 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 Raic Integrated Sponge & Power'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.
