R.E.C. Ispat Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.95 Cr
- Company Age 21 Year, 3 Days
- 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. 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
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Location
Visakhapatnam, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27310AP2004PTC042526
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Company No.
042526
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Jan 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at R.E.C. Ispat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Bhararia
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Managing Director | 29-Jan-2004 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Surya Koduri
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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%.
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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)
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Sri Gangadhara Steels LimitedSubhash Bhararia and Surya Koduri are mutual person
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Randsun Engineering Company Private Limited
Surya Koduri is a mutual person
Charges (Loans)
₹15.36 Cr
₹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
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