Ratnesh Ispat Services Private Limited

This company specializes in metal processing, trading steel products, and providing cutting and profiling services.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Ratnesh Ispat Services Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.90 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 51.90 Cr
  • Satisfied Charges ₹ 39.33 Cr
  • Revenue Growth -18.36%
  • Profit Growth -51.81%
  • Ebitda -14.27%
  • Net Worth 2.96%
  • Total Assets -23.95%

About Ratnesh Ispat Services

Ratnesh Ispat Services Private Limited (RISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2010 and has a history of 14 years and four months. Its registered office is in Mumbai, Maharashtra, 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 9.00 Cr and a paid-up capital of Rs 8.90 Cr.

The company currently has active open charges totaling ₹51.90 Cr. The company has closed loans amounting to ₹39.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alkesh Parekh and Ketan Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH2010PTC207772

  • Company No.

    207772

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Ratnesh Ispat Services?

Board Members (2)

Name Designation Appointment Date Status
Alkesh Parekh Country flag representing In Director 17-Sep-2010 Current
Ketan Parekh Country flag representing In Director 17-Sep-2010 Current

Financial Performance of Ratnesh Ispat Services.

Ratnesh Ispat Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.36% decrease. The company also saw a substantial fall in profitability, with a 51.81% decrease in profit. The company's net worth moved up by a moderate rise of 2.96%.

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
-18.36%
Revenue from Operations
-18.43%
Total Assets
-23.95%
Profit or Loss
-51.81%
Net Worth
2.96%
EBITDA
-14.27%

What is the Ownership and Shareholding Structure of Ratnesh Ispat Services?

In 2021, Ratnesh Ispat Services had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.90 Cr

Satisfied Charges

₹39.33 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 42.79 Cr
  • Sidbi : 5.72 Cr
  • Tata Capital Financial Services Limited : 3.00 Cr
  • Others : 0.39 Cr

Latest Charge Details

Date Lender Amount Status
21 Feb 2024 Sidbi ₹2.11 Cr Open
03 Jan 2024 Sidbi ₹6.15 M Open
26 Nov 2021 Sidbi ₹3.00 Cr Open
27 May 2019 Tata Capital Financial Services Limited ₹3.00 Cr Open
24 Dec 2018 Others ₹3.89 M Open

How Many Employees Work at Ratnesh Ispat Services?

Ratnesh Ispat Services has a workforce of 34 employees as of Mar 30, 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 Ratnesh Ispat Services, 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 Ratnesh Ispat Services'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 Ratnesh Ispat Services

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 2.11 Cr with Charge ID 100871966 was registered on 21 Feb 2024.

    21 Feb 2024

  • Charges

    A charge with Sidbi amounted to Rs. 0.62 Cr with Charge ID 100841052 was registered on 03 Jan 2024.

    03 Jan 2024

  • Annual General Meeting

    Ratnesh Ispat Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ratnesh Ispat Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100510440 was registered on 26 Nov 2021.

    26 Nov 2021

  • Charges

    A charge registered on 26 Sep 2017 via Charge ID 100133327 with Others was fully satisfied on 22 Oct 2021.

    22 Oct 2021

Frequently asked questions

  • Ratnesh Ispat Services Private Limited was incorporated on 17 Sep 2010.

  • The authorized share capital of Ratnesh Ispat Services Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.90 Cr.

  • Currently 2 directors are associated with Ratnesh Ispat Services Private Limited.

    • Alkesh Shantilal Parekh
    • Ketan Shantilal Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ratnesh Ispat Services Private Limited is 601 6Th Floor Adishwar Apartment, Mp Vaidya Marg Ghatkopar East Mumbai, Maharashtra, India, 400077.

  • The corporate identification number (CIN) of Ratnesh Ispat Services Private Limited is U28910MH2010PTC207772 and the company number is 207772 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ratnesh Ispat Services Private Limited is https://www.ratneshgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ratnesh Ispat Services Private Limited has fallen by -18.36%.

  • As Per 2023 financial reports, 34 employees are currently employed by Ratnesh Ispat Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ratnesh Ispat Services Private Limited has experienced an upsurge of 2.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ratnesh Ispat Services Private Limited amount to ₹ 51.90 Cr.

  • The most recent Balance Sheet for Ratnesh Ispat Services Private Limited was filed with the ROC on 31 Mar 2023.

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