Raseshwari Metallics Private Limited

Manufacturer of precision pipes with a monthly capacity of 2,500 MT.

1996 | U T, Chandigarh (India) | Active
Last Updated:

Raseshwari Metallics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.88 Cr
  • Satisfied Charges ₹ 41.52 Cr
  • Revenue Growth 43.53%
  • Profit Growth -34.27%
  • Ebitda 0.45%
  • Net Worth 7.27%
  • Total Assets 17.73%

About Raseshwari Metallics

Raseshwari Metallics Private Limited (RMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 1996 and has a history of 28 years and nine months. Its registered office is in U T, Chandigarh.

The Corporate was formerly known as Spitz Investors And Traders Pvt Ltd. The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.40 Cr.

The company currently has active open charges totaling ₹26.88 Cr. The company has closed loans amounting to ₹41.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sayak Mittal and Rajan Mittal serve as directors at the Company.

Company Details

  • Location U T, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120CH1996PTC018301

  • Company No.

    018301

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Raseshwari Metallics Private Limited offer?

Raseshwari Metallics Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Hollow Sections.

Company report

Raseshwari Metallics Private Limited

Explore comprehensive data for Raseshwari Metallics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Raseshwari Metallics?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajan Mittal Country flag representing In Managing Director06-Jun-1996Current

Board Members (1)

NameDesignationAppointment DateStatus
Sayak Mittal Country flag representing In Director 19-Feb-2019Current

Financial Performance of Raseshwari Metallics.

Raseshwari Metallics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.53% increase. The company also saw a substantial fall in profitability, with a 34.27% decrease in profit. The company's net worth moved up by a moderate rise of 7.27%.

Raseshwari Metallics revenue growth over time
Raseshwari Metallics 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
43.53%
Revenue from Operations
43.35%
Total Assets
17.73%
Profit or Loss
-34.27%
Net Worth
7.27%
EBITDA
0.45%

What is the Ownership and Shareholding Structure of Raseshwari Metallics?

In 2022, Raseshwari Metallics had a promoter holding of 98.78% and a public holding of 1.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.88 Cr

Satisfied Charges

₹41.52 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 24.72 Cr
  • Hdfc Bank Limited : 2.16 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2022Hdfc Bank Limited₹2.33 MOpen
31 Aug 2022Hdfc Bank Limited₹2.20 MOpen
09 Sep 2021Hdfc Bank Limited₹1.35 MOpen
12 Aug 2021Hdfc Bank Limited₹3.73 MOpen
28 May 2021Yes Bank Limited₹24.72 CrOpen

How Many Employees Work at Raseshwari Metallics?

Raseshwari Metallics has a workforce of 23 employees as of Apr 05, 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.

Employee growth trends for Raseshwari Metallics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raseshwari Metallics, 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 Raseshwari Metallics'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 Raseshwari Metallics

Recent activity within the organization

  • Annual General Meeting

    Raseshwari Metallics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Raseshwari Metallics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Yes Bank Limited of Rs. 24.72 Cr registered on 28 May 2021 with Charge ID 100453912 was modified on 27 Jan 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100664993 was registered on 03 Oct 2022.

  • Charges

    A charge registered on 21 Jun 2022 via Charge ID 100589603 with Others was fully satisfied on 02 Sep 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100610939 was registered on 31 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Raseshwari Metallics Private Limited?

    Raseshwari Metallics Private Limited was incorporated on 06 Jun 1996.

  • What is authorized share capital and paid-up capital of Raseshwari Metallics Private Limited?

    The authorized share capital of Raseshwari Metallics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.40 Cr.

  • Who are the current board members & directors of Raseshwari Metallics Private Limited?

    Currently 2 directors are associated with Raseshwari Metallics Private Limited.

    • Sayak Mittal
    • Rajan Mittal
  • What is the registered address of Raseshwari Metallics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raseshwari Metallics Private Limited is 342 Industrial Areaphase-I India, U T, Chandigarh.

  • What is the corporate identification number (CIN) and company number of Raseshwari Metallics Private Limited?

    The corporate identification number (CIN) of Raseshwari Metallics Private Limited is U67120CH1996PTC018301 and the company number is 018301 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Raseshwari Metallics Private Limited?

    The Official website of Raseshwari Metallics Private Limited is https://www.raseshwari.com

  • What has been the recent revenue trend for Raseshwari Metallics Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Raseshwari Metallics Private Limited has risen by 43.53%.

  • How many employees does Raseshwari Metallics Private Limited currently have?

    As Per 2022 financial reports, 23 employees are currently employed by Raseshwari Metallics Private Limited.

  • What change has been observed in the net worth of Raseshwari Metallics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Raseshwari Metallics Private Limited has experienced an upsurge of 7.27%.

  • What are the total open charges for Raseshwari Metallics Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Raseshwari Metallics Private Limited amount to ₹ 26.88 Cr.

  • When was the last Balance Sheet of Raseshwari Metallics Private Limited filed with the ROC?

    The most recent Balance Sheet for Raseshwari Metallics Private Limited was filed with the ROC on 31 Mar 2024.

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