Rakan Steels Limited

Manufacturer and trader of iron and steel products, including wire nails, rods, and sheets.

1985 | Kanpur Dehat, Uttar Pradesh (India) | Active
Last Updated:

Rakan Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 3.24 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.89 Cr
  • Satisfied Charges ₹ 7.83 Cr

About Rakan Steels

Rakan Steels Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 December 1985 and has a history of 39 years and two months. Its registered office is in Kanpur Dehat, Uttar Pradesh, India.

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.

Company Details

  • Location

    Kanpur Dehat, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rakansteels.co.in

  • Social Media
    -

Corporate Identity Details

  • 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

Metals and Minerals

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)

NameDesignationAppointment DateStatus
Kashish Grover CFO14-Feb-2020Current
Madhu Bansal Company Secretary13-Aug-2021Current
Kannan Agarwal Country flag representing In Managing Director04-Jan-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Manish Chandra Country flag representing In Director 12-Oct-2022Current
Mahendra Singh Country flag representing In Director 11-Jun-2011Current
Rishabh Agarwal Country flag representing In Director 12-Oct-2022Current
Bindu Agarwal Country flag representing In Director 12-Oct-2022Current

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%.

Rakan Steels revenue growth over time
Rakan Steels 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
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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.89 Cr

Satisfied Charges

₹7.83 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.89 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2017State Bank Of India₹6.89 CrOpen
08 Sep 1995Upfc₹1.05 CrSatisfied
07 Jun 1995Upfc₹5.00 MSatisfied
24 Mar 1995Upfc₹5.00 MSatisfied
19 May 1994Union Bank Of India₹1.85 CrSatisfied

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.

Employee growth trends for Rakan Steels Limited

Deals i

Graph showing company valuation over time

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

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 Rakan Steels

Recent activity within the organization

  • Annual General Meeting

    Rakan Steels Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Rakan Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Director Appointment

    Manish Chandra was appointed as a Director was appointed as a Director on 12 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Rishabh Agarwal was appointed as a Director was appointed as a Director on 12 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Charges

    A charge with State Bank Of India of Rs. 6.89 Cr registered on 28 Jun 2017 with Charge ID 100111738 was modified on 01 Jun 2020.

  • Director Appointment

    Kashish Grover was appointed as a Cfo was appointed as a Cfo on 14 Feb 2020 & has been associated with this company since 5 years 19 days .

Frequently asked questions

  • What is the Incorporation or founding date of Rakan Steels Limited?

    Rakan Steels Limited was incorporated on 16 Dec 1985.

  • What is authorized share capital and paid-up capital of Rakan Steels Limited?

    The authorized share capital of Rakan Steels Limited is ₹ 5.50 Cr and paid-up capital is ₹ 3.24 Cr.

  • Who are the current board members & directors of Rakan Steels Limited?

    Currently 7 directors are associated with Rakan Steels Limited.

    • Manish Chandra
    • Mahendra Bahadur Singh
    • Rishabh Agarwal
    • Kashish Grover
    • Madhu Bansal
    • Kannan Agarwal
    • Bindu Agarwal

  • What is the registered address of Rakan Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rakan Steels Limited is Nh-2 ( 1 Km From Bara Toll Plaza), Umran Rania Kanpur Dehat, Uttar Pradesh, India, 209311.

  • What is the corporate identification number (CIN) and company number of Rakan Steels Limited?

    The corporate identification number (CIN) of Rakan Steels Limited is L27320UP1985PLC007582 and the company number is 007582 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rakan Steels Limited?

    The Official website of Rakan Steels Limited is https://www.rakansteels.co.in

  • What are the total open charges for Rakan Steels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rakan Steels Limited amount to ₹ 6.89 Cr.

  • When was the last Balance Sheet of Rakan Steels Limited filed with the ROC?

    The most recent Balance Sheet for Rakan Steels Limited was filed with the ROC on 31 Mar 2023.

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