Rasandik Engineering Industries India Limited

Provides engineering solutions and manufactures sheet metal components and assemblies for automobile industry.

1984 | Gurugram, Haryana (India) | Active
Last Updated: October 23, 2024

Rasandik Engineering Industries India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.98 Cr
  • Company Age 41 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.82 Cr
  • Satisfied Charges ₹ 57.81 Cr
  • Revenue Growth -24.57%
  • Profit Growth -21.77%
  • Ebitda -43.67%
  • Net Worth -2.78%
  • Total Assets -8.86%

About Rasandik Engineering Industries India

Rasandik Engineering Industries India Limited (REIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1984 and has a history of 41 years. Its registered office is in Gurugram, Haryana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522207.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.98 Cr.

The company currently has active open charges totaling ₹45.82 Cr. The company has closed loans amounting to ₹57.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rasandik Engineering Industries India Limited India are Pradeep Nayak as COMPANY SECRETARY and Gautam Bhattacharya as Cfo. Abhay Khanna, Shyam Sethi, Mysore Ramaprasad, and Three other members serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L74210HR1984PLC032293

  • Company No.

    032293

  • Stock Symbol

    BSE : 522207

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1984

  • Date of AGM

    31 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Rasandik Engineering Industries India?

Executive Team (3)

NameDesignationAppointment DateStatus
Gautam Bhattacharya Country flag representing In CFO01-Apr-2014Current
Pradeep Nayak Country flag representing In Company Secretary17-Jun-2013Current
Rajiv Kapoor Country flag representing In Managing Director01-Oct-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Abhay Khanna Country flag representing In Director 14-Sep-2020Current
Shyam Sethi Country flag representing In Director 08-Jun-2002Current
Mysore Ramaprasad Country flag representing In Director 14-Nov-2011Current
Deepika Kapoor Country flag representing In Director 10-Jan-1984Current
Agharam Halasyam Country flag representing In Director 15-Oct-2003Current

Financial Performance of Rasandik Engineering Industries India.

Rasandik Engineering Industries India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.57% decrease. The company also saw a substantial fall in profitability, with a 21.77% decrease in profit. The company's net worth dipped by a decrease of 2.78%.

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
-24.57%
Revenue from Operations
-27.39%
Total Assets
-8.86%
Profit or Loss
-21.77%
Net Worth
-2.78%
EBITDA
-43.67%

What is the Ownership and Shareholding Structure of Rasandik Engineering Industries India?

In 2023, Rasandik Engineering Industries India had a promoter holding of 53.10% and a public holding of 46.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.82 Cr

Satisfied Charges

₹57.81 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.04 Cr
  • Allahabad Bank : 10.00 Cr
  • Yes Bank Ltd : 3.00 Cr
  • Indian Bank : 2.78 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2022Indian Bank₹2.78 CrOpen
17 Sep 2021Others₹14.75 CrOpen
29 Sep 2015Others₹7.79 CrOpen
20 May 2010Allahabad Bank₹10.00 CrOpen
19 May 2005Yes Bank Ltd₹3.00 CrOpen

How Many Employees Work at Rasandik Engineering Industries India?

Rasandik Engineering Industries India has a workforce of 72 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 Rasandik Engineering Industries India, 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 Rasandik Engineering Industries India'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 Rasandik Engineering Industries India

Recent activity within the organization

  • Annual General Meeting

    Rasandik Engineering Industries India Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.

    31 Jul 2024

  • Charges

    A charge with Others of Rs. 7.50 Cr registered on 12 Feb 2001 with Charge ID 80001244 was modified on 23 Apr 2024.

    23 Apr 2024

  • Balance Sheet

    Rasandik Engineering Industries India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 18 Jun 2020 via Charge ID 100342476 with Others was fully satisfied on 11 Jul 2022.

    11 Jul 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 2.78 Cr with Charge ID 100560241 was registered on 26 Mar 2022.

    26 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 14.75 Cr with Charge ID 100486337 was registered on 17 Sep 2021.

    17 Sep 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Rasandik Engineering Industries India Limited was incorporated on 10 Jan 1984.

  • The authorized share capital of Rasandik Engineering Industries India Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.98 Cr.

  • Currently 8 directors are associated with Rasandik Engineering Industries India Limited.

    • Pradeep Chandra Nayak
    • Gautam Bhattacharya
    • Abhay Kumar Khanna
    • Shyam Sunder Sethi
    • Mysore Siddappa Ramaprasad
    • Deepika Mohan Kapoor
    • Rajiv Kapoor
    • Agharam Ramakrishnan Halasyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rasandik Engineering Industries India Limited is Plot No. 1 Roj-Ka-Meo Industrial Area India, Sohna, Haryana, 122103.

  • The corporate identification number (CIN) of Rasandik Engineering Industries India Limited is L74210HR1984PLC032293 and the company number is 032293 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rasandik Engineering Industries India Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Rasandik Engineering Industries India Limited is https://www.rasandik.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rasandik Engineering Industries India Limited has fallen by -24.57%.

  • As Per 2023 financial reports, 72 employees are currently employed by Rasandik Engineering Industries India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rasandik Engineering Industries India Limited has experienced an downturn of -2.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rasandik Engineering Industries India Limited amount to ₹ 45.82 Cr.

  • The most recent Balance Sheet for Rasandik Engineering Industries India Limited was filed with the ROC on 31 Mar 2024.

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