Rangineni Steel Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 6.49 Cr
- Company Age 20 Year, 11 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 21.31 Cr
- Satisfied Charges ₹ 24.32 Cr
- Revenue Growth 57.59%
- Profit Growth -26.84%
- Ebitda -17.48%
- Net Worth -3.88%
- Total Assets 6.41%
About Rangineni Steel
Rangineni Steel Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 March 2004 and has a history of 20 years and 11 months. Its registered office is in Karim Nagar, Telangana, India.
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 2022. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 6.49 Cr.
The company currently has active open charges totaling ₹21.31 Cr. The company has closed loans amounting to ₹24.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Vyas, Sudha Chukka, Seema Vyas, and Three other members serve as directors at the Company.
Company Details
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Location
Karim Nagar, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27109TG2004PTC042808
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Company No.
042808
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Mar 2004
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Rangineni Steel?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Vyas
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Director | 01-Dec-2023 | Current |
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Sudha Chukka
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Director | 20-May-2024 | Current |
| Seema Vyas | Director | 29-Oct-2024 | Current |
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Chukka Rao
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Director | 29-Apr-2022 | Current |
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Kailash Vyas
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Director | 29-Apr-2022 | Current |
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Sumeet Agarwal
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Director | 29-Apr-2022 | Current |
Financial Performance of Rangineni Steel.
Rangineni Steel Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.59% increase. The company also saw a substantial fall in profitability, with a 26.84% decrease in profit. The company's net worth dipped by a decrease of 3.88%.
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What is the Ownership and Shareholding Structure of Rangineni Steel?
In 2021, Rangineni Steel had a promoter holding of 23.95% and a public holding of 76.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Thanush Ispat Private LimitedAnil Vyas and Kailash Vyas are mutual person
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Jn Vyas Sponge Private Limited
Anil Vyas and Kailash Vyas are mutual person
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Manya Ispat Private Limited
Sudha Chukka and Chukka Rao are mutual person
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Srihari Sponge Llp
Kailash Vyas is a mutual person
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Unico Stone Extractors Llp
Kailash Vyas is a mutual person
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Radha Metals Private Limited
Kailash Vyas is a mutual person
Charges (Loans)
₹21.31 Cr
₹24.32 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 21.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Axis Bank Limited | ₹4.50 M | Open |
| 25 Aug 2022 | Axis Bank Limited | ₹8.62 M | Open |
| 23 Jun 2022 | Axis Bank Limited | ₹20.00 Cr | Open |
| 10 Jun 2020 | Others | ₹6.00 M | Satisfied |
| 10 Jun 2020 | Others | ₹8.20 M | Satisfied |
How Many Employees Work at Rangineni Steel?
Rangineni Steel has a workforce of 58 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rangineni Steel, 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 Rangineni Steel'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.
