Rani Electrodes Ltd

Manufacturer and supplier of various types of welding electrodes and wires for auto components and fasteners.

1994 | Haryana, Haryana (India) | Active
Last Updated: January 22, 2025

Rani Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.41 M
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 79.87 Cr
  • Satisfied Charges ₹ 43.58 Cr
  • Revenue Growth 19.93%
  • Profit Growth 24.00%
  • Ebitda 19.76%
  • Net Worth 14.66%
  • Total Assets 14.40%

About Rani Electrodes

Rani Electrodes Ltd (REL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 April 1994 and has a history of 30 years and nine months. Its registered office is in Haryana, Haryana.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 9.41 M.

The company currently has active open charges totaling ₹79.87 Cr. The company has closed loans amounting to ₹43.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Aggarwal, Santosh Aggarwal, and Pooja Aggarwal serve as directors at the Company.

Company Details

  • Location
    Haryana, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999HR1994PLC032019

  • Company No.

    032019

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Manufacturing

What products or services does Rani Electrodes Ltd offer?

Rani Electrodes Ltd offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Automotive Spare Parts, Automobile Fasteners, Automobile Fittings & Components, Alloy Wire.

Who are the key members and board of directors at Rani Electrodes?

Board Members (3)

Name Designation Appointment Date Status
Deepak Aggarwal Country flag representing In Director 17-May-2003 Current
Santosh Aggarwal Country flag representing In Director 30-Sep-2002 Current
Pooja Aggarwal Country flag representing In Director 11-Sep-2017 Current

Financial Performance of Rani Electrodes.

Rani Electrodes Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 19.93% increase. The company also saw a substantial improvement in profitability, with a 24% increase in profit. The company's net worth Soared by an impressive increase of 14.66%.

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
19.93%
Revenue from Operations
20.05%
Total Assets
14.40%
Profit or Loss
24.00%
Net Worth
14.66%
EBITDA
19.76%

What is the Ownership and Shareholding Structure of Rani Electrodes?

In 2022, Rani Electrodes had a promoter holding of 99.69% and a public holding of 0.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.87 Cr

Satisfied Charges

₹43.58 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 70.81 Cr
  • Axis Bank Limited : 8.00 Cr
  • Others : 0.99 Cr
  • Centurion Bank Of Punjab Limited : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
22 Mar 2024 Axis Bank Limited ₹1.00 Cr Open
04 Jan 2024 Hdfc Bank Limited ₹1.81 M Open
03 Nov 2022 Hdfc Bank Limited ₹1.30 Cr Open
06 Apr 2021 Axis Bank Limited ₹8.00 M Open
16 Jan 2021 Hdfc Bank Limited ₹69.33 Cr Open

How Many Employees Work at Rani Electrodes?

Unlock and access historical data on people associated with Rani Electrodes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rani Electrodes, 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 Rani Electrodes'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 Rani Electrodes

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100935397 was registered on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 69.33 Cr registered on 16 Jan 2021 with Charge ID 100414882 was modified on 11 Jan 2024.

    11 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100870121 was registered on 04 Jan 2024.

    04 Jan 2024

  • Charges

    A charge registered on 12 Mar 2020 via Charge ID 100334263 with Karnataka Bank Ltd. was fully satisfied on 09 Oct 2023.

    09 Oct 2023

  • Annual General Meeting

    Rani Electrodes Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 0.80 Cr registered on 06 Apr 2021 with Charge ID 100452295 was modified on 08 Sep 2023.

    08 Sep 2023

Frequently asked questions

  • Rani Electrodes Ltd was incorporated on 21 Apr 1994.

  • The authorized share capital of Rani Electrodes Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 9.41 M.

  • Currently 3 directors are associated with Rani Electrodes Ltd.

    • Deepak Aggarwal
    • Santosh Aggarwal
    • Pooja Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rani Electrodes Ltd is Plot No 23, Sector 4Faridabad India, Haryana.

  • The corporate identification number (CIN) of Rani Electrodes Ltd is U74999HR1994PLC032019 and the company number is 032019 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rani Electrodes Ltd is https://www.ranielectrodesltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rani Electrodes Ltd has risen by 19.93%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rani Electrodes Ltd has experienced an upsurge of 14.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rani Electrodes Ltd amount to ₹ 79.87 Cr.

  • The most recent Balance Sheet for Rani Electrodes Ltd was filed with the ROC on 31 Mar 2023.

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