Rassco Steels Limited

This company trades in iron and steel products, including bars, coils, and other materials.

1990 | Kolkata, West Bengal (India) | Active
Last Updated:

Rassco Steels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 35 Year, 1 Month
  • 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 and one month. 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

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104WB1990PLC048319

  • Company No.

    048319

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Company report

Rassco Steels Limited

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

Who are the key members and board of directors at Rassco Steels?

Board Members (6)

NameDesignationAppointment DateStatus
Ashish Churiwala Country flag representing In Director 19-Jan-2024Current
Aditya Gupta Country flag representing In Director 01-Apr-2005Current
Anjana Gupta Country flag representing In Director 19-Jan-2024Current
Ashok Gupta Country flag representing In Director 18-Jul-1998Current
Nikunj Gupta Country flag representing In Director 21-Dec-2019Current
Sankar Garg Country flag representing In Director 19-Jan-2024Current

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%.

Rassco Steels revenue growth over time
Rassco Steels 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
39.33%
Revenue from Operations
39.35%
Total Assets
12.40%
Profit or Loss
29.72%
Net Worth
6.60%
EBITDA
52.49%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.84 Cr

Satisfied Charges

₹0.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.84 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2024Others₹1.70 MOpen
12 Nov 2021Others₹1.23 CrOpen
30 Oct 2021Others₹1.60 MOpen
21 Feb 2020Others₹2.50 MOpen
26 Aug 1991Others₹24.03 CrOpen

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.

Employee growth trends for Rassco Steels Limited

Deals i

Graph showing company valuation over time

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

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 Rassco Steels

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100947586 was registered on 20 Jun 2024.

  • Balance Sheet

    Rassco Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Ashish Churiwala was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Anjana Gupta was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Sankar Garg was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Rassco Steels Limited?

    Rassco Steels Limited was incorporated on 05 Feb 1990.

  • What is authorized share capital and paid-up capital of Rassco Steels Limited?

    The authorized share capital of Rassco Steels Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.24 Cr.

  • Who are the current board members & directors of Rassco Steels Limited?

    Currently 6 directors are associated with Rassco Steels Limited.

    • Ashish Churiwala
    • Aditya Gupta
    • Anjana Gupta
    • Ashok Kumar Gupta
    • Nikunj Gupta
    • Sankar Garg

  • What is the registered address of Rassco Steels Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rassco Steels Limited is Muktichambers Suitno.212/214 4 Cliverow, India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Rassco Steels Limited?

    The corporate identification number (CIN) of Rassco Steels Limited is U27104WB1990PLC048319 and the company number is 048319 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Rassco Steels Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rassco Steels Limited has risen by 39.33%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Rassco Steels Limited has experienced an upsurge of 6.60%.

  • What are the total open charges for Rassco Steels Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rassco Steels Limited amount to ₹ 25.84 Cr.

  • When was the last Balance Sheet of Rassco Steels Limited filed with the ROC?

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

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