Rashtriya Ispat Nigam Profile
Key Indicators
- Authorised Capital ₹ 15,000.00 Cr
- Paid Up Capital ₹ 5,389.85 Cr
- Company Age 43 Year, 4 Days
- 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. 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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- Profit and Loss
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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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- Rinl Powergrid Tlt Private Limited
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.
