

Rashtriya Ispat Nigam Profile
Key Indicators
- Authorised Capital ₹ 15,000.00 Cr
- Paid Up Capital ₹ 5,389.85 Cr
- Company Age 43 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26,001.85 Cr
- Satisfied Charges ₹ 4,158.48 Cr
- Revenue Growth 13.02%
- Profit Growth 79.82%
- Ebitda 170.10%
- Net Worth -24.68%
- Total Assets -6.08%
About Rashtriya Ispat Nigam
Rashtriya Ispat Nigam Ltd (RINL) is a leading Public Limited Union Government Company incorporated in India on 18 February 1982 and has a history of 43 years and two months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 15,000.00 Cr and a paid-up capital of Rs 5,389.85 Cr.
The company currently has active open charges totaling ₹26,001.85 Cr. The company has closed loans amounting to ₹4,158.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rashtriya Ispat Nigam Ltd India are Ganesh Chaluvadi as CFO and Jagadeeshwara Mabagapu as Company Secretary. Subodh Singh, Ajit Saxena, Ghantasala Prasad, and Four other members serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
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 (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ganesh Chaluvadi | CFO | 11-Sep-2024 | Current |
Jagadeeshwara Mabagapu ![]() | Company Secretary | 26-May-2018 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Subodh Singh ![]() | Additional Director | 06-Nov-2024 | Current |
Ajit Saxena ![]() | Additional Director | 29-Sep-2024 | Current |
Ghantasala Prasad ![]() | Additional Director | 01-May-2024 | Current |
Suresh Pandey ![]() | Director | 11-May-2023 | Current |
Sanjay Roy ![]() | Additional Director | 05-Jan-2024 | Current |
Arun Bagchi ![]() | Director | 26-Dec-2022 | Current |
Financial Performance 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
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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.

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Ghantasala Prasad and Arun Bagchi are mutual person
Charges (Loans)
₹26,001.85 Cr
₹4,158.48 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 12322.00 Cr
- Canara Bank : 5800.00 Cr
- Others : 4875.00 Cr
- Idbi Bank Limited : 2050.00 Cr
- Vijaya Bank : 700.00 Cr
- Others : 254.85 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
14 Aug 2024 | Others | ₹1,865.00 Cr | Open |
17 Feb 2020 | Others | ₹500.00 Cr | Open |
23 Dec 2019 | Others | ₹1,000.00 Cr | Open |
23 Dec 2019 | Others | ₹500.00 Cr | Open |
20 Dec 2018 | State Bank Of India | ₹622.00 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

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 Rashtriya Ispat Nigam
Recent activity within the organization
- Director Appointment
Subodh Kumar Singh was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2024 & has been associated with this company since 6 months 4 days .
- Charges
A charge with Canara Bank of Rs. 5,800.00 Cr registered on 18 Apr 2005 with Charge ID 80009966 was modified on 25 Oct 2024.
- Director Appointment
Ajit Kumar Saxena was appointed as a Additional Director was appointed as a Additional Director on 29 Sep 2024 & has been associated with this company since 7 months 11 days .
- Charges
A charge with State Bank Of India of Rs. 5,700.00 Cr registered on 18 Apr 2005 with Charge ID 90260209 was modified on 18 Sep 2024.
- Director Appointment
Ganesh Srvgk Chaluvadi was appointed as a Cfo was appointed as a Cfo on 11 Sep 2024 & has been associated with this company since 7 months 29 days .
- Charges
A charge with Others amounted to Rs. 1,865.00 Cr with Charge ID 100965961 was registered on 14 Aug 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Rashtriya Ispat Nigam Ltd?
Rashtriya Ispat Nigam Ltd was incorporated on 18 Feb 1982.
What is authorized share capital and paid-up capital of Rashtriya Ispat Nigam Ltd?
The authorized share capital of Rashtriya Ispat Nigam Ltd is ₹ 15,000.00 Cr and paid-up capital is ₹ 5,389.85 Cr.
Who are the current board members & directors of Rashtriya Ispat Nigam Ltd?
Currently 9 directors are associated with Rashtriya Ispat Nigam Ltd.
- Subodh Kumar Singh
- Ajit Kumar Saxena
- Ganesh Srvgk Chaluvadi
- Jagadeeshwara Rao Mabagapu
- Ghantasala Venkata Nagambica Prasad
- Ganesh Srvgk Chaluvadi
- Suresh Chandra Pandey
- Sanjay Roy
- Arun Bagchi
What is the registered address of Rashtriya Ispat Nigam Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Rashtriya Ispat Nigam Ltd is Administrative Buildingvisakhapatnam India, Andhra Pradesh, 530031.
What is the corporate identification number (CIN) and company number of Rashtriya Ispat Nigam Ltd?
The corporate identification number (CIN) of Rashtriya Ispat Nigam Ltd is U27109AP1982GOI003404 and the company number is 003404 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rashtriya Ispat Nigam Ltd?
The Official website of Rashtriya Ispat Nigam Ltd is https://www.vizagsteel.com
What has been the recent revenue trend for Rashtriya Ispat Nigam Ltd?
According to the financial reports for the fiscal year 2021, the revenue trend for Rashtriya Ispat Nigam Ltd has risen by 13.02%.
How many employees does Rashtriya Ispat Nigam Ltd currently have?
As Per 2021 financial reports, 14056 employees are currently employed by Rashtriya Ispat Nigam Ltd.
What change has been observed in the net worth of Rashtriya Ispat Nigam Ltd, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Rashtriya Ispat Nigam Ltd has experienced an downturn of -24.68%.
What are the total open charges for Rashtriya Ispat Nigam Ltd?
As per the financial statements for fiscal Year 2021, The total open charges for Rashtriya Ispat Nigam Ltd amount to ₹ 26,001.85 Cr.
When was the last Balance Sheet of Rashtriya Ispat Nigam Ltd filed with the ROC?
The most recent Balance Sheet for Rashtriya Ispat Nigam Ltd was filed with the ROC on 31 Mar 2023.
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