Rhetan Tmt Limited

Manufactures TMT bars and other steel products for various industries.

1984 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Rhetan Tmt Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 79.69 Cr
  • Company Age 40 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.55 Cr
  • Satisfied Charges ₹ 2.64 Cr
  • Revenue Growth 29.70%
  • Profit Growth 131.11%
  • Ebitda 77.81%
  • Net Worth 258.64%
  • Total Assets 90.67%

About Rhetan Tmt

Rhetan Tmt Limited (RTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 June 1984 and has a history of 40 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543590.

The Corporate was formerly known as Rhetan Rolling Mills Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 79.69 Cr.

The company currently has active open charges totaling ₹18.55 Cr. The company has closed loans amounting to ₹2.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rhetan Tmt Limited India are Subha Dash as CFO and Shah Riddhi as Company Secretary. Shalin Shah, Ashok Shah, Rushabh Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27100GJ1984PLC007041

  • Company No.

    007041

  • Stock Symbol

    BSE : 543590

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1984

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Rhetan Tmt?

Executive Team (3)

Name Designation Appointment Date Status
Shalin Shah Country flag representing Us Managing Director 15-Nov-1996 Current
Subha Dash CFO 08-Jan-2022 Current
Shah Riddhi Company Secretary 18-Jun-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Ashok Shah Country flag representing Us Director 01-Nov-2013 Current
Rushabh Shah Country flag representing In Director 22-Jan-2022 Current
Deepti Gavali Country flag representing In Director 01-Sep-2023 Current

Financial Performance of Rhetan Tmt.

Rhetan Tmt Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.7% increase. The company also saw a substantial improvement in profitability, with a 131.11% increase in profit. The company's net worth Soared by an impressive increase of 258.64%.

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
29.70%
Revenue from Operations
28.34%
Total Assets
90.67%
Profit or Loss
131.11%
Net Worth
258.64%
EBITDA
77.81%

What is the Ownership and Shareholding Structure of Rhetan Tmt?

In 2022, Rhetan Tmt had a promoter holding of 99.62% and a public holding of 0.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.55 Cr

Satisfied Charges

₹2.64 Cr

Charges Breakdown by Lending Institutions

  • Others : 18.55 Cr

Latest Charge Details

Date Lender Amount Status
24 Dec 2018 Others ₹18.55 Cr Open
08 Dec 1998 Charotar Nagrik Sahkari Bank Ltd ₹1.14 Cr Satisfied
08 Dec 1998 Charotar Nagrik Sahkari Bank Ltd ₹1.50 Cr Satisfied

How Many Employees Work at Rhetan Tmt?

Rhetan Tmt has a workforce of 2 employees as of Apr 10, 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 Rhetan Tmt, 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 Rhetan Tmt'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 Rhetan Tmt

Recent activity within the organization

  • Annual General Meeting

    Rhetan Tmt Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

    11 Sep 2024

  • Director Appointment

    Shah Riddhi was appointed as a Company Secretary was appointed as a Company Secretary on 18 Jun 2024 & has been associated with this company since 7 months 16 days .

    18 Jun 2024

  • Balance Sheet

    Rhetan Tmt Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 18.55 Cr registered on 24 Dec 2018 with Charge ID 100230945 was modified on 26 Oct 2023.

    26 Oct 2023

  • Director Appointment

    Deepti Ghanshyam Gavali was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 5 months .

    01 Sep 2023

  • Director Appointment

    Rushabh Rajnikantbhai Shah was appointed as a Director was appointed as a Director on 22 Jan 2022 & has been associated with this company since 3 years 11 days .

    22 Jan 2022

Frequently asked questions

  • Rhetan Tmt Limited was incorporated on 26 Jun 1984.

  • The authorized share capital of Rhetan Tmt Limited is ₹ 80.00 Cr and paid-up capital is ₹ 79.69 Cr.

  • Currently 6 directors are associated with Rhetan Tmt Limited.

    • Shalin Ashok Shah
    • Ashok Chinubhai Shah
    • Rushabh Rajnikantbhai Shah
    • Deepti Ghanshyam Gavali
    • Subha Ranjan Dash
    • Shah Riddhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rhetan Tmt Limited is 7Th Floor Ashoka Chambers Rasala Marg Mithakhali, India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Rhetan Tmt Limited is L27100GJ1984PLC007041 and the company number is 007041 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rhetan Tmt Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Rhetan Tmt Limited is https://www.rhetan.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rhetan Tmt Limited has risen by 29.70%.

  • As Per 2023 financial reports, 2 employees are currently employed by Rhetan Tmt Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rhetan Tmt Limited has experienced an upsurge of 258.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rhetan Tmt Limited amount to ₹ 18.55 Cr.

  • The most recent Balance Sheet for Rhetan Tmt Limited was filed with the ROC on 31 Mar 2024.

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