Rassco Steels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.24 Cr
- Company Age 35 Year, 3 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.84 Cr
- Satisfied Charges ₹ 1.16 M
- Revenue Growth 39.33%
- Profit Growth 29.72%
- Ebitda 52.49%
- Net Worth 6.60%
- Total Assets 12.40%
About Rassco Steels
Rassco Steels Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 February 1990 and has a history of 35 years. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Rassco Steels Private 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.24 Cr.
The company currently has active open charges totaling ₹25.84 Cr. The company has closed loans amounting to ₹1.16 M, as per Ministry of Corporate Affairs (MCA) records.
Ashish Churiwala, Aditya Gupta, Anjana Gupta, and Three other members serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, 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
U27104WB1990PLC048319
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Company No.
048319
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
05 Feb 1990
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Rassco Steels?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Churiwala
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Director | 19-Jan-2024 | Current |
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Aditya Gupta
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Director | 01-Apr-2005 | Current |
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Anjana Gupta
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Director | 19-Jan-2024 | Current |
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Ashok Gupta
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Director | 18-Jul-1998 | Current |
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Nikunj Gupta
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Director | 21-Dec-2019 | Current |
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Sankar Garg
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Director | 19-Jan-2024 | Current |
Financial Performance of Rassco Steels.
Rassco Steels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.33% increase. The company also saw a substantial improvement in profitability, with a 29.72% increase in profit. The company's net worth moved up by a moderate rise of 6.6%.
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What is the Ownership and Shareholding Structure of Rassco Steels?
In 2023, Rassco Steels had a promoter holding of 65.83% and a public holding of 34.17%. 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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Saatvik Ferro LimitedSankar Garg is a mutual person
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Tool & Alloy Steels AssociationAditya Gupta is a mutual person
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Rassco Ispat Private Limited
Ashok Gupta and Nikunj Gupta are mutual person
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Harmoni Couture (Opc) Private Limited
Sankar Garg is a mutual person
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Garg Consultancy Private Limited (Opc)
Sankar Garg is a mutual person
Charges (Loans)
₹25.84 Cr
₹0.12 Cr
Charges Breakdown by Lending Institutions
- Others : 25.84 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Others | ₹1.70 M | Open |
| 12 Nov 2021 | Others | ₹1.23 Cr | Open |
| 30 Oct 2021 | Others | ₹1.60 M | Open |
| 21 Feb 2020 | Others | ₹2.50 M | Open |
| 26 Aug 1991 | Others | ₹24.03 Cr | Open |
How Many Employees Work at Rassco Steels?
Unlock and access historical data on people associated with Rassco Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rassco Steels, 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 Rassco Steels'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.
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