Rajratan Global Wire Limited

Produces high-quality steel wire for automobile tires, serving top tire companies.

1988 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 12, 2024

Rajratan Global Wire Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.15 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 885.36 Cr
  • Satisfied Charges ₹ 223.93 Cr
  • Revenue Growth 60.06%
  • Profit Growth 85.91%
  • Ebitda 73.89%
  • Net Worth 32.89%
  • Total Assets 31.46%

About Rajratan Global Wire

Rajratan Global Wire Limited (RGWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 September 1988 and has a history of 36 years and four months. Its registered office is in Indore, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517522 and on the National Stock Exchange(NSE) under RAJRATAN.

The Corporate was formerly known as Rajratan Gustav Woif Limited. The Company is engaged in the Automotive 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 15.00 Cr and a paid-up capital of Rs 10.15 Cr.

The company currently has active open charges totaling ₹885.36 Cr. The company has closed loans amounting to ₹223.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rajratan Global Wire Limited India are Hitesh Jain as CFO and Shubham Jain as Company Secretary. Abhishek Dalmia, Sunil Chordia, Alka Misra, and Three other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27106MP1988PLC004778

  • Company No.

    004778

  • Stock Symbol

    BSE : 517522 NSE : RAJRATAN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 1988

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Automotive
Manufacturing

What products or services does Rajratan Global Wire Limited offer?

Rajratan Global Wire Limited offers a wide range of products and services, including Metal and Alloy Wires, Binding Wire, Steel Wire, High Carbon Steel Wire.

Who are the key members and board of directors at Rajratan Global Wire?

Executive Team (3)

Name Designation Appointment Date Status
Sunil Chordia Country flag representing In Managing Director 09-Sep-1988 Current
Hitesh Jain Country flag representing In CFO 23-Jan-2018 Current
Shubham Jain Company Secretary 01-Apr-2014 Current

Board Members (5)

Name Designation Appointment Date Status
Sanjeev Sood Country flag representing In Director 21-Apr-2022 Current
Alka Misra Country flag representing In Director 22-Jul-2022 Current
Abhishek Dalmia Country flag representing In Director 11-Jun-2005 Current
Rajesh Balkrishna Country flag representing In Director 22-Jul-2019 Current
Yashovardhan Chordia Country flag representing In Whole-Time Director 22-Jul-2019 Current

Financial Performance of Rajratan Global Wire.

Rajratan Global Wire Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.06% increase. The company also saw a substantial improvement in profitability, with a 85.91% increase in profit. The company's net worth Soared by an impressive increase of 32.89%.

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
60.06%
Revenue from Operations
59.99%
Total Assets
31.46%
Profit or Loss
85.91%
Net Worth
32.89%
EBITDA
73.89%

What is the Ownership and Shareholding Structure of Rajratan Global Wire?

In 2023, Rajratan Global Wire had a promoter holding of 65.10% and a public holding of 34.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹885.36 Cr

Satisfied Charges

₹223.93 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 370.50 Cr
  • State Bank Of India : 349.86 Cr
  • Others : 115.00 Cr
  • Citi Bank N.A. : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
29 May 2023 Citi Bank N.A. ₹10.00 Cr Open
30 Nov 2022 Hdfc Bank Limited ₹150.00 Cr Open
15 Mar 2022 Hdfc Bank Limited ₹110.00 Cr Open
29 Dec 2021 Others ₹40.00 Cr Open
17 Nov 2021 Others ₹75.00 Cr Open

How Many Employees Work at Rajratan Global Wire?

Rajratan Global Wire has a workforce of 430 employees as of Mar 31, 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 Rajratan Global Wire, 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 Rajratan Global Wire'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 Rajratan Global Wire

Recent activity within the organization

  • Annual General Meeting

    Rajratan Global Wire Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

    30 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 150.00 Cr registered on 30 Nov 2022 with Charge ID 100647599 was modified on 25 May 2024.

    25 May 2024

  • Balance Sheet

    Rajratan Global Wire Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 110.00 Cr registered on 15 Mar 2022 with Charge ID 100547444 was modified on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge registered on 04 Mar 2022 via Charge ID 100565532 with Others was fully satisfied on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge with State Bank Of India of Rs. 292.20 Cr registered on 07 Dec 2018 with Charge ID 100226362 was modified on 13 Jun 2023.

    13 Jun 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Rajratan Global Wire Limited was incorporated on 09 Sep 1988.

  • The authorized share capital of Rajratan Global Wire Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.15 Cr.

  • Currently 8 directors are associated with Rajratan Global Wire Limited.

    • Abhishek Dalmia
    • Sunil Chordia
    • Alka Arora Misra
    • Rajesh Mittal Balkrishna
    • Yashovardhan Chordia
    • Sanjeev Sood
    • Hitesh Ratanlal Jain
    • Shubham Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajratan Global Wire Limited is 'Rajratan House' 11/2 Meera Path Dhenu Market, India, Indore., Madhya Pradesh, 452003.

  • The corporate identification number (CIN) of Rajratan Global Wire Limited is L27106MP1988PLC004778 and the company number is 004778 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rajratan Global Wire Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): RAJRATAN.

  • The Official website of Rajratan Global Wire Limited is https://www.rajratan.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rajratan Global Wire Limited has risen by 60.06%.

  • As Per 2022 financial reports, 430 employees are currently employed by Rajratan Global Wire Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rajratan Global Wire Limited has experienced an upsurge of 32.89%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rajratan Global Wire Limited amount to ₹ 885.36 Cr.

  • The most recent Balance Sheet for Rajratan Global Wire Limited was filed with the ROC on 31 Mar 2024.

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