Ramana Sekhar Steels Ltd

Imports, exports, distributes, and trades in various grades of iron and steel products.

1993 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: January 02, 2025

Ramana Sekhar Steels Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.80 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 20.43 Cr
  • Revenue Growth -42.93%
  • Profit Growth 3277.92%
  • Ebitda -173.26%
  • Net Worth 42.98%
  • Total Assets -38.44%

About Ramana Sekhar Steels

Ramana Sekhar Steels Ltd (RSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 March 1993 and has a history of 31 years and ten months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Ramana Sekhar Steels Pvt Ltd. 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 2020. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 6.80 Cr.

The company has closed loans amounting to ₹20.43 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramana Arumugam, Arumugam Sreekanth, and Arumugham Sureshkumar serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51102TN1993PLC024646

  • Company No.

    024646

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1993

  • Date of AGM

    12 Nov 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Ramana Sekhar Steels?

Board Members (3)

Name Designation Appointment Date Status
Ramana Arumugam Country flag representing In Director 20-Apr-2006 Current
Arumugam Sreekanth Country flag representing In Director 20-Apr-2006 Current
Arumugham Sureshkumar Country flag representing In Director 28-Sep-1993 Current

Financial Performance of Ramana Sekhar Steels.

Ramana Sekhar Steels Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 42.93% decrease. The company also saw a substantial improvement in profitability, with a 3277.92% increase in profit. The company's net worth Soared by an impressive increase of 42.98%.

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
-42.93%
Revenue from Operations
-61.92%
Total Assets
-38.44%
Profit or Loss
3277.92%
Net Worth
42.98%
EBITDA
-173.26%

What is the Ownership and Shareholding Structure of Ramana Sekhar Steels?

In 2020, Ramana Sekhar Steels had a promoter holding of 83.26% and a public holding of 16.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹20.43 Cr

Charges Breakdown by Lending Institutions

  • Asset Reconstruction Company (India) Limited : 15.43 Cr
  • Industrial Development Bank Of India : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2004 Asset Reconstruction Company (India) Limited ₹6.12 Cr Satisfied
17 Apr 1998 Asset Reconstruction Company (India) Limited ₹9.31 Cr Satisfied
12 Mar 1997 Industrial Development Bank Of India ₹5.00 Cr Satisfied

How Many Employees Work at Ramana Sekhar Steels?

Ramana Sekhar Steels has a workforce of 130 employees as of Apr 08, 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 Ramana Sekhar 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 Ramana Sekhar 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 Ramana Sekhar Steels

Recent activity within the organization

  • Annual General Meeting

    Ramana Sekhar Steels Ltd last Annual general meeting of members was held on 12 Nov 2020 as per latest MCA records.

    12 Nov 2020

  • Balance Sheet

    Ramana Sekhar Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

    31 Mar 2020

  • Charges

    A charge registered on 12 Mar 1997 via Charge ID 90300685 with Industrial Development Bank Of India was fully satisfied on 05 Feb 2020.

    05 Feb 2020

  • Charges

    A charge registered on 17 Feb 2004 via Charge ID 90301230 with Asset Reconstruction Company (India) Limited was fully satisfied on 17 Jan 2020.

    17 Jan 2020

  • Charges

    A charge registered on 17 Apr 1998 via Charge ID 90300798 with Asset Reconstruction Company (India) Limited was fully satisfied on 17 Jan 2020.

    17 Jan 2020

  • Charges

    A charge with Asset Reconstruction Company (India) Limited of Rs. 6.12 Cr registered on 17 Feb 2004 with Charge ID 90301230 was modified on 22 Mar 2013.

    22 Mar 2013

Frequently asked questions

  • Ramana Sekhar Steels Ltd was incorporated on 19 Mar 1993.

  • The authorized share capital of Ramana Sekhar Steels Ltd is ₹ 8.00 Cr and paid-up capital is ₹ 6.80 Cr.

  • Currently 3 directors are associated with Ramana Sekhar Steels Ltd.

    • Ramana Sekhar Arumugam
    • Arumugam Sreekanth
    • Arumugham Sureshkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ramana Sekhar Steels Ltd is Off:Ponneri High Road Elanthancheri Village, Manai India, New Town Chennai 103, Tamil Nadu, 600103.

  • The corporate identification number (CIN) of Ramana Sekhar Steels Ltd is U51102TN1993PLC024646 and the company number is 024646 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ramana Sekhar Steels Ltd has fallen by -42.93%.

  • As Per 2020 financial reports, 130 employees are currently employed by Ramana Sekhar Steels Ltd.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ramana Sekhar Steels Ltd has experienced an upsurge of 42.98%.

  • The most recent Balance Sheet for Ramana Sekhar Steels Ltd was filed with the ROC on 31 Mar 2020.

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