Raigarh Iron Industries Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.59 Cr
- Company Age 40 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.49 Cr
- Satisfied Charges ₹ 15.55 Cr
- Revenue Growth 9.40%
- Profit Growth 64.64%
- Ebitda 35.53%
- Net Worth 13.88%
- Total Assets 33.24%
About Raigarh Iron Industries
Raigarh Iron Industries Limited (RIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 June 1984 and has a history of 40 years and seven months. Its registered office is in Delhi, India.
The Corporate was formerly known as Foils Investment And Leasing Company 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 10.00 Cr and a paid-up capital of Rs 6.59 Cr.
The company currently has active open charges totaling ₹18.49 Cr. The company has closed loans amounting to ₹15.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamal Bhartia, Rajeev Lochan, Pankaj Bhartia, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65993DL1984PLC018525
- Company No.
018525
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jun 1984
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Raigarh Iron Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Bhartia  | Managing Director | 27-Jun-1984 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeev Lochan | Director | 26-Nov-2012 | Current |
| Pankaj Bhartia | Director | 15-Nov-1997 | Current |
| Rajender Singhal | Director | 17-Feb-2003 | Current |
Financial Performance of Raigarh Iron Industries.
Raigarh Iron Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.4% increase. The company also saw a substantial improvement in profitability, with a 64.64% increase in profit. The company's net worth Soared by an impressive increase of 13.88%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Raigarh Iron Industries?
In 2023, Raigarh Iron Industries 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)
Maharashtra Seamless LimitedKamal Bhartia is a mutual person
Haryana Capfin Limited.Kamal Bhartia is a mutual person
Ganga Ferroalloys Private LimitedKamal Bhartia and Pankaj Bhartia are mutual person
- Rasiwasia Pvt Ltd
Kamal Bhartia and Pankaj Bhartia are mutual person
- Riddhi Buildprop Private Limited
Pankaj Bhartia is a mutual person
- Coin Finlease Private Limited
Rajender Singhal is a mutual person
Charges (Loans)
₹18.49 Cr
₹15.55 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 18.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2023 | Axis Bank Limited | ₹18.00 Cr | Open |
| 17 Feb 2023 | Axis Bank Limited | ₹4.90 M | Open |
| 20 Sep 2019 | Hdfc Bank Limited | ₹8.92 Cr | Satisfied |
| 24 Nov 2011 | Punjab National Bank | ₹4.00 M | Satisfied |
| 20 Nov 2008 | Kotak Mahindra Bank Limited | ₹2.31 M | Satisfied |
How Many Employees Work at Raigarh Iron Industries?
Raigarh Iron Industries has a workforce of 83 employees as of Mar 22, 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 Raigarh Iron 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 Raigarh Iron 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.
