Rakan Steels Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
as on 23-06-2024
- Paid Up Capital ₹ 3.24 Cr
as on 23-06-2024
- Company Age 39 Year, 5 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.89 Cr
as on 23-06-2024
- Satisfied Charges ₹ 7.83 Cr
as on 23-06-2024
About Rakan Steels
The Corporate was formerly known as Karam Chand Hari Chand Steels 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 5.50 Cr and a paid-up capital of Rs 3.24 Cr.
The company currently has active open charges totaling ₹6.89 Cr. The company has closed loans amounting to ₹7.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rakan Steels Limited India are Kashish Grover as CFO and Madhu Bansal as Company Secretary. Manish Chandra, Mahendra Singh, Rishabh Agarwal, and Two other members serve as directors at the Company.
- CIN/LLPIN
L27320UP1985PLC007582
- Company No.
007582
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Dec 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Kanpur Dehat, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Rakan Steels Limited offer?
Rakan Steels Limited offers a wide range of products and services, including Wire Mesh & Gratings, Steel Mesh, Nails & Pins, Wire Nails.
Who are the key members and board of directors at Rakan Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kashish Grover | CFO | 14-Feb-2020 | Current |
| Madhu Bansal | Company Secretary | 13-Aug-2021 | Current |
Kannan Agarwal  | Managing Director | 04-Jan-2016 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manish Chandra | Director | 12-Oct-2022 | Current |
| Mahendra Singh | Director | 11-Jun-2011 | Current |
| Rishabh Agarwal | Director | 12-Oct-2022 | Current |
| Bindu Agarwal | Director | 12-Oct-2022 | Current |
Financial Performance of Rakan Steels.
Rakan Steels Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets | |||||||
| Profit or Loss | |||||||
| Net Worth | |||||||
| EBITDA |
What is the Ownership and Shareholding Structure of Rakan Steels?
In 2022, Rakan Steels had a promoter holding of 29.49% and a public holding of 70.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Systematic Farmers Producer Company LimitedActive 4 years 3 monthsMahendra Singh is a mutual person
- Shribarsana Wire And Wire Mesh Private LimitedActive 5 years 3 months
Rishabh Agarwal and Bindu Agarwal are mutual person
- Reliable Weld Mesh Private LimitedActive 3 years 8 months
Rishabh Agarwal and Kannan Agarwal are mutual person
- Rakan Skills Private LimitedInactive For E-Filing 8 months 25 days
Kannan Agarwal is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 28 Jun 2017 | ₹6.89 Cr | Open |
Upfc Creation Date: 08 Sep 1995 | ₹1.05 Cr | Satisfied |
Upfc Creation Date: 07 Jun 1995 | ₹5.00 M | Satisfied |
How Many Employees Work at Rakan Steels?
Unlock and access historical data on people associated with Rakan Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rakan Steels, 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 Rakan Steels'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.
