Rajco Metal Industries Pvt Ltd

Manufacturer of copper-based products for various industries, with ISO 9002 certification and facilities in Maharashtra.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: July 07, 2024

Rajco Metal Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.82 Cr
  • Company Age 42 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.86 Cr
  • Satisfied Charges ₹ 31.46 Cr
  • Revenue Growth 19.11%
  • Profit Growth 116.21%
  • Ebitda 13.69%
  • Net Worth 21.63%
  • Total Assets 10.84%

About Rajco Metal Industries

Rajco Metal Industries Pvt Ltd (RMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 1983 and has a history of 42 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.82 Cr.

The company currently has active open charges totaling ₹18.86 Cr. The company has closed loans amounting to ₹31.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gurmitsingh Arora, Karan Arora, and Simrat Arora serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rajcogroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1983PTC029288

  • Company No.

    029288

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Rajco Metal Industries Pvt Ltd offer?

Rajco Metal Industries Pvt Ltd offers a wide range of products and services, including Air Conditioner Parts.

Who are the key members and board of directors at Rajco Metal Industries?

Executive Team (1)

Name Designation Appointment Date Status
Gurmitsingh Arora Country flag representing In Managing Director 04-Apr-1985 Current

Board Members (2)

Name Designation Appointment Date Status
Karan Arora Country flag representing In Director 27-Jan-2015 Current
Simrat Arora Country flag representing In Additional Director 27-Jun-2023 Current

Financial Performance of Rajco Metal Industries.

Rajco Metal Industries Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 19.11% increase. The company also saw a substantial improvement in profitability, with a 116.21% increase in profit. The company's net worth Soared by an impressive increase of 21.63%.

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
19.11%
Revenue from Operations
19.00%
Total Assets
10.84%
Profit or Loss
116.21%
Net Worth
21.63%
EBITDA
13.69%

What is the Ownership and Shareholding Structure of Rajco Metal Industries?

In 2023, Rajco Metal Industries had a promoter holding of 88.24% and a public holding of 11.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.86 Cr

Satisfied Charges

₹31.46 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 18.66 Cr
  • The Maharashtra State Financial Corporation : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
15 Oct 2020 Standard Chartered Bank ₹1.87 Cr Open
08 Apr 2019 Standard Chartered Bank ₹5.25 M Open
08 Mar 2019 Standard Chartered Bank ₹16.26 Cr Open
04 Aug 1983 The Maharashtra State Financial Corporation ₹2.00 M Open
30 May 2014 Kotak Mahindra Bank Limited ₹9.00 Cr Satisfied

How Many Employees Work at Rajco Metal Industries?

Rajco Metal Industries has a workforce of 96 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 Rajco Metal 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 Rajco Metal Industries'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 Rajco Metal Industries

Recent activity within the organization

  • Annual General Meeting

    Rajco Metal Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Simrat Gurmitsingh Arora was appointed as a Additional Director was appointed as a Additional Director on 27 Jun 2023 & has been associated with this company since 1 year 7 months .

    27 Jun 2023

  • Balance Sheet

    Rajco Metal Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 10 Nov 1989 via Charge ID 90167016 with The State Industrial And Investment Corp. Maharashtra Ltd. was fully satisfied on 29 Oct 2020.

    29 Oct 2020

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 1.87 Cr with Charge ID 100382068 was registered on 15 Oct 2020.

    15 Oct 2020

  • Charges

    A charge with Standard Chartered Bank of Rs. 16.26 Cr registered on 08 Mar 2019 with Charge ID 100266798 was modified on 15 Oct 2020.

    15 Oct 2020

Frequently asked questions

  • Rajco Metal Industries Pvt Ltd was incorporated on 09 Feb 1983.

  • The authorized share capital of Rajco Metal Industries Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.82 Cr.

  • Currently 3 directors are associated with Rajco Metal Industries Pvt Ltd.

    • Gurmitsingh Harjindersingh Arora
    • Karan Singh Arora
    • Simrat Gurmitsingh Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajco Metal Industries Pvt Ltd is 19 Oriental Insurance Bldg31 Dr V B Gandhi Marg Fort, Mumbai, Maharashtra, India, 400023.

  • The corporate identification number (CIN) of Rajco Metal Industries Pvt Ltd is U27100MH1983PTC029288 and the company number is 029288 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rajco Metal Industries Pvt Ltd is https://www.rajcogroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rajco Metal Industries Pvt Ltd has risen by 19.11%.

  • As Per 2023 financial reports, 96 employees are currently employed by Rajco Metal Industries Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rajco Metal Industries Pvt Ltd has experienced an upsurge of 21.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rajco Metal Industries Pvt Ltd amount to ₹ 18.86 Cr.

  • The most recent Balance Sheet for Rajco Metal Industries Pvt Ltd was filed with the ROC on 31 Mar 2023.

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