Raunaq Steels Trading Private Limited

Trading company specializing in iron and steel products, with large warehouse and diverse clientele.

2002 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Raunaq Steels Trading Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 23 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 172.00 Cr
  • Satisfied Charges ₹ 132.10 Cr
  • Revenue Growth 12.48%
  • Profit Growth 99.63%
  • Ebitda 70.10%
  • Net Worth 31.98%
  • Total Assets 36.61%

About Raunaq Steels Trading

Raunaq Steels Trading Private Limited (RSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 2002 and has a history of 23 years. Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.50 Cr.

The company currently has active open charges totaling ₹172.00 Cr. The company has closed loans amounting to ₹132.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Raunaq Steels Trading Private Limited India is Ajit Jain as CFO. Sudarshan Rungta and Surendra Rungta serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109TN2002PTC048892

  • Company No.

    048892

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

What products or services does Raunaq Steels Trading Private Limited offer?

Raunaq Steels Trading Private Limited offers a wide range of products and services, including Boilers & Boiler Parts, Boiler Fittings, Steel Bars, Rods, Plates & Sheets, Steel Plates.

Company report

Raunaq Steels Trading Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ajit Jain CFO01-Jan-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Sudarshan Rungta Country flag representing In Whole-Time Director 07-May-2002Current
Surendra Rungta Country flag representing In Whole-Time Director 07-May-2002Current

Financial Performance of Raunaq Steels Trading.

Raunaq Steels Trading Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 12.48% increase. The company also saw a substantial improvement in profitability, with a 99.63% increase in profit. The company's net worth Soared by an impressive increase of 31.98%.

Raunaq Steels Trading revenue growth over time
Raunaq Steels Trading 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
12.48%
Revenue from Operations
12.13%
Total Assets
36.61%
Profit or Loss
99.63%
Net Worth
31.98%
EBITDA
70.10%

What is the Ownership and Shareholding Structure of Raunaq Steels Trading?

In 2021, Raunaq Steels Trading had a promoter holding of 88.60% and a public holding of 11.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹172.00 Cr

Satisfied Charges

₹132.10 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 108.00 Cr
  • Hdfc Bank Limited : 34.00 Cr
  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2024Hdfc Bank Limited₹34.00 CrOpen
17 Apr 2024Others₹30.00 CrOpen
20 Mar 2007Citi Bank N.A.₹108.00 CrOpen
28 Feb 2022State Bank Of India₹18.00 CrSatisfied
31 Dec 2019Others₹15.00 CrSatisfied

How Many Employees Work at Raunaq Steels Trading?

Raunaq Steels Trading has a workforce of 86 employees as of Apr 03, 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.

Employee growth trends for Raunaq Steels Trading Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raunaq Steels Trading, 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 Raunaq Steels Trading'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 Raunaq Steels Trading

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 34.00 Cr with Charge ID 100995804 was registered on 29 Oct 2024.

  • Annual General Meeting

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

  • Charges

    A charge registered on 05 Jun 2018 via Charge ID 100182931 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 12 Aug 2024.

  • Charges

    A charge registered on 28 Feb 2022 via Charge ID 100563114 with State Bank Of India was fully satisfied on 15 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100924276 was registered on 17 Apr 2024.

  • Balance Sheet

    Raunaq Steels Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Frequently asked questions

  • What is the Incorporation or founding date of Raunaq Steels Trading Private Limited?

    Raunaq Steels Trading Private Limited was incorporated on 07 May 2002.

  • What is authorized share capital and paid-up capital of Raunaq Steels Trading Private Limited?

    The authorized share capital of Raunaq Steels Trading Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Who are the current board members & directors of Raunaq Steels Trading Private Limited?

    Currently 3 directors are associated with Raunaq Steels Trading Private Limited.

    • Sudarshan Kumar Rungta
    • Surendra Kumar Rungta
    • Ajit Kumar Jain
  • What is the registered address of Raunaq Steels Trading Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raunaq Steels Trading Private Limited is 65A Halls Road, Kilpauk India, Chennai, Tamil Nadu, 600010.

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

    The corporate identification number (CIN) of Raunaq Steels Trading Private Limited is U27109TN2002PTC048892 and the company number is 048892 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Raunaq Steels Trading Private Limited?

    The Official website of Raunaq Steels Trading Private Limited is https://www.steelatm.com

  • What has been the recent revenue trend for Raunaq Steels Trading Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Raunaq Steels Trading Private Limited has risen by 12.48%.

  • How many employees does Raunaq Steels Trading Private Limited currently have?

    As Per 2021 financial reports, 86 employees are currently employed by Raunaq Steels Trading Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Raunaq Steels Trading Private Limited has experienced an upsurge of 31.98%.

  • What are the total open charges for Raunaq Steels Trading Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Raunaq Steels Trading Private Limited amount to ₹ 172.00 Cr.

  • When was the last Balance Sheet of Raunaq Steels Trading Private Limited filed with the ROC?

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

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