Rathi Electro Steels Ltd

Manufactures hot-rolled free cutting steel and other types of steel, iron, and alloys.

1973 | Delhi (India) | Active
Last Updated:

Rathi Electro Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.75 M
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.88 Cr
  • Satisfied Charges ₹ 13.00 Cr
  • Revenue Growth 5.24%
  • Profit Growth -23.67%
  • Ebitda -11.64%
  • Net Worth 23.31%
  • Total Assets -0.72%

About Rathi Electro Steels

Rathi Electro Steels Ltd (RESL) was founded in India on 30 July 1973 and has a glorious history of 51 years and seven months.Its registered office is in Delhi, India.

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 1.00 M and a paid-up capital of Rs 0.75 M.

The company currently has active open charges totaling ₹26.88 Cr. The company has closed loans amounting to ₹13.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sushma Rathi, Sushila Rathi, Akriti Rathi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101DL1973PLC006744

  • Company No.

    006744

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals
Company report

Rathi Electro Steels Ltd

Explore comprehensive data for Rathi Electro Steels Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (6)

NameDesignationAppointment DateStatus
Sonal Rathi Country flag representing In Director 01-Dec-2012Current
Sushma Rathi Country flag representing In Director 01-Dec-2012Current
Sushila Rathi Country flag representing In Director 30-Jan-2010Current
Akriti Rathi Country flag representing In Director 01-Dec-2012Current
Divya Rathi Country flag representing In Director 01-Dec-2012Current
Sandeep Kumar Country flag representing In Additional Director 28-Jan-2020Current

Financial Performance of Rathi Electro Steels.

Rathi Electro Steels Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 5.24% increase. The company also saw a substantial fall in profitability, with a 23.67% decrease in profit. The company's net worth Soared by an impressive increase of 23.31%.

Rathi Electro Steels revenue growth over time
Rathi Electro 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
5.24%
Revenue from Operations
Total Assets
-0.72%
Profit or Loss
-23.67%
Net Worth
23.31%
EBITDA
-11.64%

What is the Ownership and Shareholding Structure of Rathi Electro Steels?

In 2022, Rathi Electro Steels had a promoter holding of 10.00% and a public holding of 90.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹268.84 M

Satisfied Charges

₹130.00 M

Charges Breakdown by Lending Institutions

  • Others : 26.88 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2019Others₹8.34 CrOpen
27 Jun 2019Others₹4.30 CrOpen
04 Oct 2016Others₹4.20 CrOpen
29 Feb 2016Others₹10.04 CrOpen
07 Jun 2011Kotak Mahindra Bank Limited₹13.00 CrSatisfied

How Many Employees Work at Rathi Electro Steels?

Unlock and access historical data on people associated with Rathi Electro Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rathi Electro Steels Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rathi Electro 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 Rathi Electro 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 Rathi Electro Steels

Recent activity within the organization

  • Annual General Meeting

    Rathi Electro Steels Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Rathi Electro Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Sandeep Kumar was appointed as a Additional Director was appointed as a Additional Director on 28 Jan 2020 & has been associated with this company since 5 years 1 month .

  • Charges

    A charge with Others amounted to Rs. 83.44 M with Charge ID 100276888 was registered on 27 Jun 2019.

  • Charges

    A charge with Others amounted to Rs. 43.00 M with Charge ID 100276890 was registered on 27 Jun 2019.

  • Charges

    A charge with Others amounted to Rs. 42.00 M with Charge ID 100058061 was registered on 04 Oct 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Rathi Electro Steels Ltd?

    Rathi Electro Steels Ltd was incorporated on 30 Jul 1973.

  • What is authorized share capital and paid-up capital of Rathi Electro Steels Ltd?

    The authorized share capital of Rathi Electro Steels Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.75 M.

  • Who are the current board members & directors of Rathi Electro Steels Ltd?

    Currently 6 directors are associated with Rathi Electro Steels Ltd.

    • Sushma Rathi
    • Sushila Rathi
    • Akriti Rathi
    • Sonal Rathi
    • Divya Rathi
    • Sandeep Kumar

  • What is the registered address of Rathi Electro Steels Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rathi Electro Steels Ltd is Plot No.24/2A Mohan Cooperative Industrial Estate Mathura Road, India, New Delhi, 110044.

  • What is the corporate identification number (CIN) and company number of Rathi Electro Steels Ltd?

    The corporate identification number (CIN) of Rathi Electro Steels Ltd is U27101DL1973PLC006744 and the company number is 006744 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Rathi Electro Steels Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rathi Electro Steels Ltd has risen by 5.24%.

  • What change has been observed in the net worth of Rathi Electro Steels Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rathi Electro Steels Ltd has experienced an upsurge of 23.31%.

  • What are the total open charges for Rathi Electro Steels Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Rathi Electro Steels Ltd amount to ₹ 26.88 Cr.

  • When was the last Balance Sheet of Rathi Electro Steels Ltd filed with the ROC?

    The most recent Balance Sheet for Rathi Electro Steels Ltd was filed with the ROC on 31 Mar 2023.

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