Rashtriya Ispat Nigam Profile
Key Indicators
- Authorised Capital ₹ 8,000.00 Cr
as on 06-07-2024
- Paid Up Capital ₹ 4,889.85 Cr
as on 06-07-2024
- Company Age 42 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23,636.85 Cr
as on 06-07-2024
- Satisfied Charges ₹ 3,658.48 Cr
as on 06-07-2024
- Revenue 13.02%
(FY 2021)
- Profit 79.82%
(FY 2021)
- Ebitda 170.10%
(FY 2021)
- Net Worth -24.68%
(FY 2021)
- Total Assets -6.08%
(FY 2021)
About Rashtriya Ispat Nigam
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 2023. It's a company limited by shares with an authorized capital of Rs 8,000.00 Cr and a paid-up capital of Rs 4,889.85 Cr.
The company currently has active open charges totaling ₹23,636.85 Cr. The company has closed loans amounting to ₹3,658.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rashtriya Ispat Nigam Ltd India are Jagadeeshwara Mabagapu as COMPANY SECRETARY and Santa Varanasi as Cfo. Sukriti Likhi, Sanjay Roy, Ganesh Chaluvadi, and Six other members serve as directors at the Company.
- CIN/LLPIN
U27109AP1982GOI003404
- Company No.
003404
- Company Classification
Public Limited Union Government Company
- Incorporation Date
18 Feb 1982
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Rashtriya Ispat Nigam Ltd offer?
Rashtriya Ispat Nigam Ltd offers a wide range of products and services, including Casting, Moulding & Forging Machines, Casting Machines, Metal Wire, Wire Rod Coils, Round Bars, TMT Bars, Rebars, Steel Rods, Alloy Steel Rod, Industrial Furnaces & Ovens.
Who are the key members and board of directors at Rashtriya Ispat Nigam?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagadeeshwara Mabagapu  | Company Secretary | 26-May-2018 | Current |
| Santa Varanasi | CFO | 09-May-2023 | Current |
| Atul Bhatt | Managing Director | 13-Sep-2021 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Deb Mohanty | Whole-Time Director | 01-Aug-2019 | Current |
| Sukriti Likhi | Director | 23-Apr-2021 | Current |
| Sanjay Roy | Additional Director | 02-Feb-2024 | Current |
| Ganesh Chaluvadi | Director | 18-Apr-2024 | Current |
| Suresh Pandey | Director | 11-May-2023 | Current |
| Arun Bagchi | Director | 26-Dec-2022 | Current |
Financial Performance and Corporate Structure Insights of Rashtriya Ispat Nigam.
Rashtriya Ispat Nigam Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 13.02% increase. The company also saw a substantial improvement in profitability, with a 79.82% increase in profit. The company's net worth observed a substantial decline by a decrease of 24.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rashtriya Ispat Nigam?
In 2021, Rashtriya Ispat Nigam had a promoter holding of 100.00%. The company had 3 Subsidiaries and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Feb 2020 | ₹500.00 Cr | Open |
Others Creation Date: 23 Dec 2019 | ₹1,000.00 Cr | Open |
Others Creation Date: 23 Dec 2019 | ₹500.00 Cr | Open |
How Many Employees Work at Rashtriya Ispat Nigam?
Rashtriya Ispat Nigam has a workforce of 14056 employees as of Mar 22, 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 Rashtriya Ispat Nigam, 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 Rashtriya Ispat Nigam'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
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