Rasi Electrodes Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 6.23 Cr
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.50 Cr
- Satisfied Charges ₹ 1.15 Cr
- Revenue Growth 27.89%
- Profit Growth 46.86%
- Ebitda 41.30%
- Net Worth 11.31%
- Total Assets -9.61%
About Rasi Electrodes
Rasi Electrodes Limited (REL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 March 1994 and has a history of 30 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531233.
The Corporate was formerly known as Rasi Electrodes Private Limited. The Company is engaged in the Machinery And Equipment 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 8.00 Cr and a paid-up capital of Rs 6.23 Cr.
The company currently has active open charges totaling ₹10.50 Cr. The company has closed loans amounting to ₹1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rasi Electrodes Limited India are Kashyap Kothari as CFO and Jagruti Jain as Company Secretary. Hitesh Dharamshi, Ajay Goyal, Popat Kothari, and Five other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L52599TN1994PLC026980
- Company No.
026980
- Stock Symbol
BSE : 531233
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Mar 1994
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
What products or services does Rasi Electrodes Limited offer?
Rasi Electrodes Limited offers a wide range of products and services, including Grinding Wheels, Sand, Rutile Sand, Welding Electrodes, Cast Iron Welding Rod, Metal Wire, Welding Wires, Welding, Rods, Electrodes & Wires, Cutting Machine, Sticker Half Cutting Machine.
Who are the key members and board of directors at Rasi Electrodes?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Popat Kothari  | Managing Director | 08-Mar-1994 | Current |
| Kashyap Kothari | CFO | 12-Aug-2015 | Current |
| Jagruti Jain | Company Secretary | 02-May-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hitesh Dharamshi | Director | 10-Jan-2004 | Current |
| Ajay Goyal | Director | 15-Dec-2005 | Current |
| Bhoormal Kothari | Director | 13-Feb-1995 | Current |
| Payal Kothari | Director | 31-Mar-2015 | Current |
| Suresh Mehta | Director | 29-Dec-2023 | Current |
| Aashika Kumari | Director | 30-May-2019 | Current |
Financial Performance of Rasi Electrodes.
Rasi Electrodes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.89% increase. The company also saw a substantial improvement in profitability, with a 46.86% increase in profit. The company's net worth Soared by an impressive increase of 11.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Rasi Electrodes?
In 2022, Rasi Electrodes had a promoter holding of 27.96% and a public holding of 72.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Narendra Properties LimitedKavita Patel is a mutual person
B P K Developers Private LimitedPopat Kothari is a mutual person
Royal Pastificio (India) Private LimitedAjay Goyal is a mutual person
- Arunshanti Developers Private Limited
Bhoormal Kothari is a mutual person
Charges (Loans)
₹10.50 Cr
₹1.15 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 7.50 Cr
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2020 | Citi Bank N.A. | ₹7.50 Cr | Open |
| 29 Nov 1995 | Others | ₹3.00 Cr | Open |
| 30 Jun 2011 | Dena Bank | ₹7.50 M | Satisfied |
| 05 May 1997 | Dena Bank | ₹4.00 M | Satisfied |
How Many Employees Work at Rasi Electrodes?
Rasi Electrodes has a workforce of 27 employees as of Apr 08, 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 Rasi Electrodes, 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 Rasi Electrodes'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.
