Rasi Electrodes Limited

Manufacturer and supplier of welding products and accessories for various industries, including public and private sector units.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Rasi Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.23 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 31 years and two 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 2024. 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. Popat Kothari, Bhoormal Kothari, Payal Kothari, and Three 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

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

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.

Company report

Rasi Electrodes Limited

Explore comprehensive data for Rasi Electrodes Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Rasi Electrodes?

Executive Team (3)

NameDesignationAppointment DateStatus
Popat Kothari Country flag representing In Managing Director08-Mar-1994Current
Kashyap Kothari Country flag representing In CFO12-Aug-2015Current
Jagruti Jain Country flag representing In Company Secretary02-May-2015Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhoormal Kothari Country flag representing In Director 13-Feb-1995Current
Payal Kothari Country flag representing In Director 31-Mar-2015Current
Suresh Mehta Country flag representing In Director 29-Dec-2023Current
Aashika Kumari Country flag representing In Director 30-May-2019Current
Kavita Patel Country flag representing In Director 29-Dec-2023Current

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%.

Rasi Electrodes revenue growth over time
Rasi Electrodes profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
27.89%
Revenue from Operations
28.00%
Total Assets
-9.61%
Profit or Loss
46.86%
Net Worth
11.31%
EBITDA
41.30%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.50 Cr

Satisfied Charges

₹1.15 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 7.50 Cr
  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2020Citi Bank N.A.₹7.50 CrOpen
29 Nov 1995Others₹3.00 CrOpen
30 Jun 2011Dena Bank₹7.50 MSatisfied
05 May 1997Dena Bank₹4.00 MSatisfied

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.

Employee growth trends for Rasi Electrodes Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Rasi Electrodes

Recent activity within the organization

  • Annual General Meeting

    Rasi Electrodes Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Rasi Electrodes Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Suresh Kumar Mehta was appointed as a Director was appointed as a Director on 29 Dec 2023 & has been associated with this company since 1 year 4 months .

  • Director Appointment

    Kavita Patel was appointed as a Director was appointed as a Director on 29 Dec 2023 & has been associated with this company since 1 year 4 months .

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 7.50 Cr with Charge ID 100364667 was registered on 28 Aug 2020.

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 29 Nov 1995 with Charge ID 90292333 was modified on 05 Mar 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Rasi Electrodes Limited?

    Rasi Electrodes Limited was incorporated on 08 Mar 1994.

  • What is authorized share capital and paid-up capital of Rasi Electrodes Limited?

    The authorized share capital of Rasi Electrodes Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.23 Cr.

  • Who are the current board members & directors of Rasi Electrodes Limited?

    Currently 8 directors are associated with Rasi Electrodes Limited.

    • Popat Bhoormal Kothari
    • Bhoormal Ranjitkumar Kothari
    • Payal Kothari
    • Suresh Kumar Mehta
    • Aashika Kumari
    • Kavita Patel
    • Kashyap Kothari
    • Jagruti J Jain

  • What is the registered address of Rasi Electrodes Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rasi Electrodes Limited is A-14 Rams Apartments 3Rd Floor 21 Raja Annamalai Road Purasawalkam, India, Chennai, Tamil Nadu, 600084.

  • What is the corporate identification number (CIN) and company number of Rasi Electrodes Limited?

    The corporate identification number (CIN) of Rasi Electrodes Limited is L52599TN1994PLC026980 and the company number is 026980 as per Ministry of Corporate Affairs (MCA).

  • Is Rasi Electrodes Limited registered with any stock exchange in India?

    Yes, Rasi Electrodes Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Rasi Electrodes Limited?

    The Official website of Rasi Electrodes Limited is https://www.rasielectrodes.com

  • What has been the recent revenue trend for Rasi Electrodes Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rasi Electrodes Limited has risen by 27.89%.

  • How many employees does Rasi Electrodes Limited currently have?

    As Per 2023 financial reports, 27 employees are currently employed by Rasi Electrodes Limited.

  • What change has been observed in the net worth of Rasi Electrodes Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rasi Electrodes Limited has experienced an upsurge of 11.31%.

  • What are the total open charges for Rasi Electrodes Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rasi Electrodes Limited amount to ₹ 10.50 Cr.

  • When was the last Balance Sheet of Rasi Electrodes Limited filed with the ROC?

    The most recent Balance Sheet for Rasi Electrodes Limited was filed with the ROC on 31 Mar 2024.

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