Remi Edelstahl Tubulars Limited

Manufacturer of stainless steel pipes and tubes for various industries with high-profile clients.

1970 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Remi Edelstahl Tubulars Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 10.98 Cr
  • Company Age 54 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.16 Cr
  • Satisfied Charges ₹ 18.00 Cr
  • Revenue Growth 28.77%
  • Profit Growth 198.29%
  • Ebitda 20.60%
  • Net Worth 1.23%
  • Total Assets 3.59%

About Remi Edelstahl Tubulars

Remi Edelstahl Tubulars Limited (RETL) was founded in India on 19 August 1970 and has a glorious history of 54 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513043.

The Corporate was formerly known as Rajendra Mechanical Industries Limited. The Company is engaged in the Manufacturing 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 20.00 Cr and a paid-up capital of Rs 10.98 Cr.

The company currently has active open charges totaling ₹46.16 Cr. The company has closed loans amounting to ₹18.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Remi Edelstahl Tubulars Limited India are Vinod Jalan as CFO and Hetal Joshi as Company Secretary. Vishwambhar Saraf, Rajendra Saraf, Rishabh Saraf, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L28920MH1970PLC014746

  • Company No.

    014746

  • Stock Symbol

    BSE : 513043

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1970

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Remi Edelstahl Tubulars Limited offer?

Remi Edelstahl Tubulars Limited offers a wide range of products and services, including Industrial Mixers & Homogenizers, Agitator, Autoclaves, Sterilizers & Incubators, Medical Refrigerator Systems, Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Laboratory & Lab Equipment, Laboratory Bath, Laboratory Stirrer, Elevators & Escalators.

Who are the key members and board of directors at Remi Edelstahl Tubulars?

Executive Team (3)

NameDesignationAppointment DateStatus
Rishabh Saraf Country flag representing In Managing Director01-Apr-2010Current
Vinod Jalan Country flag representing In CFO01-Mar-2019Current
Hetal Joshi Country flag representing In Company Secretary01-Sep-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Vishwambhar Saraf Country flag representing In Director 26-Dec-1980Current
Rajendra Saraf Country flag representing In Director 04-Sep-1976Current
Mahabir Sharma Country flag representing In Director 30-Sep-2024Current
Harkishin Zaveri Country flag representing In Director 30-Sep-2024Current
Archana Bajaj Country flag representing In Director 30-Sep-2024Current

Financial Performance of Remi Edelstahl Tubulars.

Remi Edelstahl Tubulars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.77% increase. The company also saw a substantial improvement in profitability, with a 198.29% increase in profit. The company's net worth moved up by a moderate rise of 1.23%.

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
28.77%
Revenue from Operations
28.59%
Total Assets
3.59%
Profit or Loss
198.29%
Net Worth
1.23%
EBITDA
20.60%

What is the Ownership and Shareholding Structure of Remi Edelstahl Tubulars?

In 2023, Remi Edelstahl Tubulars had a promoter holding of 71.58% and a public holding of 28.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.16 Cr

Satisfied Charges

₹18.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 46.16 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jun 1994Others₹46.16 CrOpen
22 Oct 2011State Bank Of India₹9.00 CrSatisfied
13 Jun 1994State Bank Of India₹9.00 CrSatisfied

How Many Employees Work at Remi Edelstahl Tubulars?

Remi Edelstahl Tubulars has a workforce of 188 employees as of Apr 08, 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 Remi Edelstahl Tubulars, 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 Remi Edelstahl Tubulars'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 Remi Edelstahl Tubulars

Recent activity within the organization

  • Director Appointment

    Mahabir Jawalaprasad Sharma was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 2 days .

    30 Sep 2024

  • Director Appointment

    Harkishin Pitamberdas Zaveri was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 2 days .

    30 Sep 2024

  • Director Appointment

    Archana Pradeep Bajaj was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 4 months 2 days .

    30 Sep 2024

  • Annual General Meeting

    Remi Edelstahl Tubulars Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Remi Edelstahl Tubulars Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Hetal Hasmukhlal Joshi was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2021 & has been associated with this company since 3 years 5 months .

    01 Sep 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Remi Edelstahl Tubulars Limited was incorporated on 19 Aug 1970.

  • The authorized share capital of Remi Edelstahl Tubulars Limited is ₹ 20.00 Cr and paid-up capital is ₹ 10.98 Cr.

  • Currently 8 directors are associated with Remi Edelstahl Tubulars Limited.

    • Vishwambhar Chiranjilal Saraf
    • Rajendra Chiranjilal Saraf
    • Rishabh Rajendra Saraf
    • Mahabir Jawalaprasad Sharma
    • Harkishin Pitamberdas Zaveri
    • Archana Pradeep Bajaj
    • Vinod Chiranjilal Jalan
    • Hetal Hasmukhlal Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Remi Edelstahl Tubulars Limited is 11 Cama Industrial Estate, Goregaon (East) India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Remi Edelstahl Tubulars Limited is L28920MH1970PLC014746 and the company number is 014746 as per Ministry of Corporate Affairs (MCA).

  • Yes, Remi Edelstahl Tubulars Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Remi Edelstahl Tubulars Limited is https://www.remigroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Remi Edelstahl Tubulars Limited has risen by 28.77%.

  • As Per 2022 financial reports, 188 employees are currently employed by Remi Edelstahl Tubulars Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Remi Edelstahl Tubulars Limited has experienced an upsurge of 1.23%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Remi Edelstahl Tubulars Limited amount to ₹ 46.16 Cr.

  • The most recent Balance Sheet for Remi Edelstahl Tubulars Limited was filed with the ROC on 31 Mar 2024.

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