Rayen Steels Private Limited

Manufactures sponge iron and steel products with 60,000 tons annual capacity in Bellary, Karnataka.

2005 | Bellary, Karnataka (India) | Active
Last Updated: October 23, 2024

Rayen Steels Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 19 Year, 11 Months
  • 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 19 years and 11 months. 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

    rayensteels.com

  • 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

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

Board Members (3)

NameDesignationAppointment DateStatus
Anand Agarwal Country flag representing In Director 01-Apr-2019Current
Sharad Agarwal Country flag representing In Additional Director 01-Apr-2019Current
Ashish Agarwal Country flag representing In Director 01-Apr-2019Current

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%.

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
6.49%
Revenue from Operations
6.12%
Total Assets
-1.80%
Profit or Loss
-1.12%
Net Worth
39.40%
EBITDA
11.81%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
06 Nov 2020Hdfc Bank Limited₹31.00 CrOpen
15 Feb 2017Others₹2.00 CrSatisfied
17 Jun 2010Andhra Bank₹9.00 MSatisfied
01 Oct 2005Others₹12.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • Balance Sheet

    Rayen Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • 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.

    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.

    06 Nov 2020

  • Charges

    A charge registered on 01 Oct 2005 via Charge ID 80035114 with Others was fully satisfied on 29 Sep 2020.

    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 5 years 10 months .

    01 Apr 2019

Frequently asked questions

  • Rayen Steels Private Limited was incorporated on 01 Mar 2005.

  • The authorized share capital of Rayen Steels Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Currently 3 directors are associated with Rayen Steels Private Limited.

    • Anand Kumar Agarwal
    • Sharad Agarwal
    • Ashish Kumar Agarwal
  • 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.

  • 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).

  • The Official website of Rayen Steels Private Limited is https://www.rayensteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rayen Steels Private Limited has risen by 6.49%.

  • As Per 2023 financial reports, 106 employees are currently employed by Rayen Steels Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rayen Steels Private Limited amount to ₹ 31.00 Cr.

  • The most recent Balance Sheet for Rayen Steels Private Limited was filed with the ROC on 31 Mar 2023.

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