Rashtriya Metal Industries Profile
Key Indicators
- Authorised Capital ₹ 7.35 Cr
- Paid Up Capital ₹ 4.51 Cr
- Company Age 78 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 285.00 Cr
- Satisfied Charges ₹ 624.11 Cr
- Revenue Growth 11.94%
- Profit Growth -79.89%
- Ebitda -54.23%
- Net Worth 1.88%
- Total Assets 2.82%
About Rashtriya Metal Industries
Rashtriya Metal Industries Limited (RMIL) was founded in India on 28 November 1946 and has a glorious history of 78 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Binani Metal Industries Limited. 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 7.35 Cr and a paid-up capital of Rs 4.51 Cr.
The company currently has active open charges totaling ₹285.00 Cr. The company has closed loans amounting to ₹624.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rashtriya Metal Industries Limited India is Priyanka Khandelwal as COMPANY SECRETARY. Anil Bagri, Balkrishna Binani, Suresh Mundra, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U99999MH1946PLC005378
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Company No.
005378
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
28 Nov 1946
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Rashtriya Metal Industries Limited offer?
Rashtriya Metal Industries Limited offers a wide range of products and services, including Copper Pipes, Copper Alloy Pipes, Nickel Alloys, Nickel Silver, Metal Alloys, Copper Alloys, Military Clothing & Tactical Gears, Survival Kit.
Who are the key members and board of directors at Rashtriya Metal Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balkrishna Binani
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Managing Director | 01-Jul-1971 | Current |
| Priyanka Khandelwal | Company Secretary | 20-Aug-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Aparna Somani
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Director | 08-Sep-2017 | Current |
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Anil Bagri
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Director | 20-Jun-2019 | Current |
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Suresh Mundra
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Director | 14-Feb-2022 | Current |
Financial Performance of Rashtriya Metal Industries.
Rashtriya Metal Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.94% increase. The company also saw a substantial fall in profitability, with a 79.89% decrease in profit. The company's net worth moved up by a moderate rise of 1.88%.
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What is the Ownership and Shareholding Structure of Rashtriya Metal Industries?
In 2023, Rashtriya Metal Industries had a promoter holding of 98.65% and a public holding of 1.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Spv Global Trading LimitedBalkrishna Binani is a mutual person
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Sollatek India Technologies Private LimitedAparna Somani is a mutual person
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Rmil Metal Industries Private LimitedBalkrishna Binani is a mutual person
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Fraser Techno Circuits LimitedAparna Somani is a mutual person
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Oasis Securities LimitedAnil Bagri is a mutual person
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Binani Commercial Co LlpBalkrishna Binani is a mutual person
Charges (Loans)
₹285.00 Cr
₹624.11 Cr
Charges Breakdown by Lending Institutions
- Others : 220.00 Cr
- Hdfc Bank Limited : 65.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2024 | Others | ₹60.00 Cr | Open |
| 31 May 2023 | Hdfc Bank Limited | ₹65.00 Cr | Open |
| 19 Sep 2019 | Others | ₹160.00 Cr | Open |
| 04 Oct 2017 | Others | ₹1.50 Cr | Satisfied |
| 14 Dec 2015 | Bank Of India | ₹11.50 Cr | Satisfied |
How Many Employees Work at Rashtriya Metal Industries?
Rashtriya Metal Industries has a workforce of 267 employees as of Sep 07, 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 Metal Industries, 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 Metal Industries'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.
