Rayen Steels Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 20.00 Cr
- Company Age 20 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.00 Cr
- Satisfied Charges ₹ 14.90 Cr
- Revenue Growth 6.49%
- Profit Growth -1.12%
- Ebitda 11.81%
- Net Worth 39.40%
- Total Assets -1.80%
About Rayen Steels
Rayen Steels Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 2005 and has a history of 20 years and one month. Its registered office is in Bellary, Karnataka, 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 20.00 Cr and a paid-up capital of Rs 20.00 Cr.
The company currently has active open charges totaling ₹31.00 Cr. The company has closed loans amounting to ₹14.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anand Agarwal, Sharad Agarwal, and Ashish Agarwal serve as directors at the Company.
Company Details
- Location
Bellary, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U02710KA2005PTC035720
- Company No.
035720
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Mar 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
Rayen Steels Private Limited
Explore comprehensive data for Rayen Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rayen Steels?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Agarwal  | Director | 01-Apr-2019 | Current |
| Sharad Agarwal | Additional Director | 01-Apr-2019 | Current |
| Ashish Agarwal | Director | 01-Apr-2019 | Current |
Financial Performance of Rayen Steels.
Rayen Steels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.49% increase. The company also saw a slight decrease in profitability, with a 1.12% decrease in profit. The company's net worth Soared by an impressive increase of 39.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Rayen Steels?
In 2023, Rayen Steels had a promoter holding of 51.00% and a public holding of 48.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Texcon Steels LimitedAnand Agarwal, Sharad Agarwal and 1 more are mutual person
- Anand Shree Steels Private Limited
Anand Agarwal and Ashish Agarwal are mutual person
- Anand Ispat Udyog Limited.
Anand Agarwal, Sharad Agarwal and 1 more are mutual person
- Anand Metallics And Power Private Limited
Anand Agarwal, Sharad Agarwal and 1 more are mutual person
- Madhurashi Commotrade Private Limited
Anand Agarwal is a mutual person
- Manikala Trexim Private Limited
Anand Agarwal and Sharad Agarwal are mutual person
Charges (Loans)
Open Charges
₹31.00 Cr
Satisfied Charges
₹14.90 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 31.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2020 | Hdfc Bank Limited | ₹31.00 Cr | Open |
| 15 Feb 2017 | Others | ₹2.00 Cr | Satisfied |
| 17 Jun 2010 | Andhra Bank | ₹9.00 M | Satisfied |
| 01 Oct 2005 | Others | ₹12.00 Cr | Satisfied |
How Many Employees Work at Rayen Steels?
Rayen Steels has a workforce of 106 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rayen 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 Rayen Steels's trajectory.
Rating
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
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 Rayen Steels
Recent activity within the organization
- Annual General Meeting
Rayen Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Rayen Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited of Rs. 31.00 Cr registered on 06 Nov 2020 with Charge ID 100393708 was modified on 28 Feb 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 31.00 Cr with Charge ID 100393708 was registered on 06 Nov 2020.
- Charges
A charge registered on 01 Oct 2005 via Charge ID 80035114 with Others was fully satisfied on 29 Sep 2020.
- Director Appointment
Anand Kumar Agarwal was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 6 years 14 days .
Frequently asked questions
What is the Incorporation or founding date of Rayen Steels Private Limited?
Rayen Steels Private Limited was incorporated on 01 Mar 2005.
What is authorized share capital and paid-up capital of Rayen Steels Private Limited?
The authorized share capital of Rayen Steels Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 20.00 Cr.
Who are the current board members & directors of Rayen Steels Private Limited?
Currently 3 directors are associated with Rayen Steels Private Limited.
- Anand Kumar Agarwal
- Sharad Agarwal
- Ashish Kumar Agarwal
What is the registered address of Rayen Steels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rayen Steels Private Limited is Sy.No. 1115D 1115E, Haraginadoni Road Veni Veerapur Cross India, Bellary, Karnataka, 583104.
What is the corporate identification number (CIN) and company number of Rayen Steels Private Limited?
The corporate identification number (CIN) of Rayen Steels Private Limited is U02710KA2005PTC035720 and the company number is 035720 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rayen Steels Private Limited?
The Official website of Rayen Steels Private Limited is https://www.rayensteels.com
What has been the recent revenue trend for Rayen Steels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rayen Steels Private Limited has risen by 6.49%.
How many employees does Rayen Steels Private Limited currently have?
As Per 2023 financial reports, 106 employees are currently employed by Rayen Steels Private Limited.
What change has been observed in the net worth of Rayen Steels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rayen Steels Private Limited has experienced an upsurge of 39.40%.
What are the total open charges for Rayen Steels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rayen Steels Private Limited amount to ₹ 31.00 Cr.
When was the last Balance Sheet of Rayen Steels Private Limited filed with the ROC?
The most recent Balance Sheet for Rayen Steels Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
PR
Palle ReddyDirectorGR
Gatta RamuDirectorAM
Acchanala ManoharDirectorSP
Sheshankoti PrakashDirectorAB
Alok BorarDirectorSR
Sagi RajuDirectorRP
Ramalingaraju PrabhuDirectorGH
Gattu HariprasadAdditional Director
Similar Companies Based on Steel Manufacturing & Processing
Rashtriya Ispat Nigam Ltd Visakhapatnam, Andhra Pradesh, India
Posco Maharashtra Steel Private Limited Raigarh, Maharashtra, India
Orissa Metaliks Private Limited Kolkata, West Bengal, India
Jsw Steel Limited Mumbai, Maharashtra, India
Apl Apollo Tubes Limited Delhi, India
Jindal Stainless Limited Hisar, Haryana, India
Jsw Steel Coated Products Limited Mumbai, Maharashtra, India
Arcelormittal Nippon Steel India Limited Surat, Gujarat, India