R.E.C. Ispat Private Limited
Founded in 2004 and headquartered in Andhra Pradesh, India.
2004 | Visakhapatnam, Andhra Pradesh (India) | Active
R.E.C. Ispat Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.95 Cr
- Company Age 21 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.36 Cr
- Satisfied Charges ₹ 23.00 Cr
- Revenue Growth -14.82%
- Profit Growth -89.74%
- Ebitda -68.02%
- Net Worth 1.09%
- Total Assets -3.16%
About R.E.C. Ispat
R.E.C. Ispat Private Limited (RIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 2004 and has a history of 21 years and one month. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2.00 Cr and a paid-up capital of Rs 1.95 Cr.
The company currently has active open charges totaling ₹15.36 Cr. The company has closed loans amounting to ₹23.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Subhash Bhararia and Surya Koduri serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27310AP2004PTC042526
- Company No.
042526
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jan 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Metals and Minerals
Who are the key members and board of directors at R.E.C. Ispat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Bhararia  | Managing Director | 29-Jan-2004 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Surya Koduri | Director | 29-Jan-2004 | Current |
Financial Performance of R.E.C. Ispat.
R.E.C. Ispat Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.82% decrease. The company also saw a substantial fall in profitability, with a 89.74% decrease in profit. The company's net worth moved up by a moderate rise of 1.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of R.E.C. Ispat?
In 2023, R.E.C. Ispat had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sri Gangadhara Steels Limited
Subhash Bhararia and Surya Koduri are mutual person
- Randsun Engineering Company Private Limited
Surya Koduri is a mutual person
Charges (Loans)
Open Charges
₹15.36 Cr
Satisfied Charges
₹23.00 Cr
Charges Breakdown by Lending Institutions
- Others : 15.00 Cr
- Hdfc Bank Limited : 0.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2022 | Others | ₹15.00 Cr | Open |
| 02 Nov 2020 | Hdfc Bank Limited | ₹3.62 M | Open |
| 20 Mar 2006 | Lakshmi Vilas Bank Limited | ₹23.00 Cr | Satisfied |
How Many Employees Work at R.E.C. Ispat?
Unlock and access historical data on people associated with R.E.C. Ispat, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of R.E.C. Ispat, 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 R.E.C. Ispat'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 R.E.C. Ispat
Recent activity within the organization
- Charges
A charge with Others of Rs. 15.00 Cr registered on 02 Feb 2022 with Charge ID 100530337 was modified on 23 Nov 2023.
- Annual General Meeting
R.E.C. Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
R.E.C. Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100530337 was registered on 02 Feb 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100419564 was registered on 02 Nov 2020.
- Charges
A charge registered on 20 Mar 2006 via Charge ID 10004012 with Lakshmi Vilas Bank Limited was fully satisfied on 28 Aug 2020.
Frequently asked questions
What is the Incorporation or founding date of R.E.C. Ispat Private Limited?
R.E.C. Ispat Private Limited was incorporated on 29 Jan 2004.
What is authorized share capital and paid-up capital of R.E.C. Ispat Private Limited?
The authorized share capital of R.E.C. Ispat Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.95 Cr.
Who are the current board members & directors of R.E.C. Ispat Private Limited?
Currently 2 directors are associated with R.E.C. Ispat Private Limited.
- Subhash Bhararia
- Surya Sudhakar Koduri
What is the registered address of R.E.C. Ispat Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of R.E.C. Ispat Private Limited is D.No.9-13-35/4 First Floor Cbm Compound East Extension Vip Road, Visakhapatnam, Andhra Pradesh, India, 530003.
What is the corporate identification number (CIN) and company number of R.E.C. Ispat Private Limited?
The corporate identification number (CIN) of R.E.C. Ispat Private Limited is U27310AP2004PTC042526 and the company number is 042526 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for R.E.C. Ispat Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for R.E.C. Ispat Private Limited has fallen by -14.82%.
What change has been observed in the net worth of R.E.C. Ispat Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of R.E.C. Ispat Private Limited has experienced an upsurge of 1.09%.
What are the total open charges for R.E.C. Ispat Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for R.E.C. Ispat Private Limited amount to ₹ 15.36 Cr.
When was the last Balance Sheet of R.E.C. Ispat Private Limited filed with the ROC?
The most recent Balance Sheet for R.E.C. Ispat Private Limited was filed with the ROC on 31 Mar 2023.