Rathi Steel And Power Limited

Founded in 1971 and headquartered in Delhi, India.

1971 | Delhi (India) | Active
Last Updated: December 24, 2024

Rathi Steel And Power Profile

Key Indicators

  • Authorised Capital ₹ 131.65 Cr
  • Paid Up Capital ₹ 95.46 Cr
  • Company Age 53 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 81.38 Cr
  • Satisfied Charges ₹ 4,176.79 Cr
  • Revenue Growth 24.76%
  • Profit Growth -10109.75%
  • Ebitda 212.27%
  • Net Worth 54.43%
  • Total Assets -42.79%

About Rathi Steel And Power

Rathi Steel And Power Limited (RSAPL) was founded in India on 17 December 1971 and has a glorious history of 53 years and two months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504903.

The Corporate was formerly known as Rathi Udyog 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 131.65 Cr and a paid-up capital of Rs 95.46 Cr.

The company currently has active open charges totaling ₹81.38 Cr. The company has closed loans amounting to ₹4,176.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rathi Steel And Power Limited India are Rakesh Kumar as CFO and Shobhita Singh as Company Secretary. Prem Varshney, Abhishek Verma, Sangeeta Pandey, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L27109DL1971PLC005905

  • Company No.

    005905

  • Stock Symbol

    BSE : 504903

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

Who are the key members and board of directors at Rathi Steel And Power?

Executive Team (3)

NameDesignationAppointment DateStatus
Prem Varshney Country flag representing In Managing Director01-Sep-1997Current
Rakesh Kumar CFO12-Mar-2021Current
Shobhita Singh Country flag representing In Company Secretary14-Aug-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Abhishek Verma Country flag representing In Director 16-May-2018Current
Sangeeta Pandey Country flag representing In Director 14-Nov-2018Current
Sonika Sharma Country flag representing In Director 10-Jul-2023Current
Surbhi Pareek Country flag representing In Director 10-Jul-2023Current

Financial Performance of Rathi Steel And Power.

Rathi Steel And Power Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.76% increase. The company also saw a substantial fall in profitability, with a 10109.75% decrease in profit. The company's net worth Soared by an impressive increase of 54.43%.

Graph illustrating revenue growth over time
Graph showing 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
24.76%
Revenue from Operations
39.39%
Total Assets
-42.79%
Profit or Loss
-10109.75%
Net Worth
54.43%
EBITDA
212.27%

What is the Ownership and Shareholding Structure of Rathi Steel And Power?

In 2021, Rathi Steel And Power had a promoter holding of 51.47% and a public holding of 48.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹81.38 Cr

Satisfied Charges

₹4,176.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 43.50 Cr
  • Dena Bank : 35.00 Cr
  • Punjab National Bank : 1.55 Cr
  • Bank Of Baroda : 0.37 Cr
  • The Pradeshiya Industrial Investment Corporation U.P. Limite : 0.31 Cr
  • Others : 0.65 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2024Others₹43.50 CrOpen
21 Dec 2011Dena Bank₹10.00 CrOpen
07 Sep 2010Dena Bank₹25.00 CrOpen
07 Apr 2000Bank Of Baroda₹0.65 MOpen
23 Jan 1992Punjab National Bank₹1.55 CrOpen

How Many Employees Work at Rathi Steel And Power?

Rathi Steel And Power has a workforce of 140 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rathi Steel And Power, 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 Steel And Power'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 Steel And Power

Recent activity within the organization

  • Annual General Meeting

    Rathi Steel And Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 43.50 Cr registered on 12 Apr 2024 with Charge ID 100923094 was modified on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge registered on 05 Oct 2010 via Charge ID 10247493 with Srei Equipment Finance Private Limited was fully satisfied on 30 May 2024.

    30 May 2024

  • Charges

    A charge registered on 24 Jan 2012 via Charge ID 10337740 with Bajaj Finance Limited was fully satisfied on 21 May 2024.

    21 May 2024

  • Charges

    A charge with Others amounted to Rs. 43.50 Cr with Charge ID 100923094 was registered on 12 Apr 2024.

    12 Apr 2024

  • Charges

    A charge registered on 15 Jun 2012 via Charge ID 10364648 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Rathi Steel And Power Limited was incorporated on 17 Dec 1971.

  • The authorized share capital of Rathi Steel And Power Limited is ₹ 131.65 Cr and paid-up capital is ₹ 95.46 Cr.

  • Currently 7 directors are associated with Rathi Steel And Power Limited.

    • Prem Narain Varshney
    • Abhishek Verma
    • Sangeeta Pandey
    • Sonika Sharma
    • Surbhi Pareek
    • Rakesh Kumar
    • Shobhita Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rathi Steel And Power Limited is Plot No. 24/1 A-Block Mohan Cooperative Industrial Estate, Mat Hura Road India, New Delhi, 110044.

  • The corporate identification number (CIN) of Rathi Steel And Power Limited is L27109DL1971PLC005905 and the company number is 005905 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rathi Steel And Power Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Rathi Steel And Power Limited is https://www.rathisteelandpower.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rathi Steel And Power Limited has risen by 24.76%.

  • As Per 2022 financial reports, 140 employees are currently employed by Rathi Steel And Power Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rathi Steel And Power Limited has experienced an upsurge of 54.43%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rathi Steel And Power Limited amount to ₹ 81.38 Cr.

  • The most recent Balance Sheet for Rathi Steel And Power Limited was filed with the ROC on 31 Mar 2024.

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