Riddhi Steel And Tube Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 8.29 Cr
- Company Age 23 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 117.67 Cr
- Satisfied Charges ₹ 111.29 Cr
- Revenue Growth -0.14%
- Profit Growth 37.26%
- Ebitda 4.70%
- Net Worth 6.93%
- Total Assets -3.84%
About Riddhi Steel And Tube
Riddhi Steel And Tube Limited (RSATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 September 2001 and has a history of 23 years and four months. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540082.
The Corporate was formerly known as Riddhi Steel And Tube Private 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 8.50 Cr and a paid-up capital of Rs 8.29 Cr.
The company currently has active open charges totaling ₹117.67 Cr. The company has closed loans amounting to ₹111.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Riddhi Steel And Tube Limited India is Preeti Mittal as CFO. Rajeshkumar Mittal, Preeti Rajeshkumar, Paras Shah, and Two other members 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
L27106GJ2001PLC039978
- Company No.
039978
- Stock Symbol
BSE : 540082
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Sep 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Riddhi Steel And Tube Limited offer?
Riddhi Steel And Tube Limited offers a wide range of products and services, including Street Lights, Post Top Luminaires, LED Street Light, ERW Pipes, ERW Black Steel Pipes, Indoor Lights & Lighting Accessories, LED Lights, Street, Flood and Commercial Lights, Emergency & Safety Light, LED Bollard Light.
Who are the key members and board of directors at Riddhi Steel And Tube?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeshkumar Mittal  | Managing Director | 16-Oct-2006 | Current |
| Preeti Mittal | CFO | 09-Jan-2016 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Preeti Rajeshkumar | Director and Cfo | 04-Jul-2002 | Current |
| Paras Shah | Director | Current | |
| Saurin Shah | Director | 16-Feb-2016 | Current |
| Kirankumar Agarwal | Director | 07-Apr-2018 | Current |
Financial Performance of Riddhi Steel And Tube.
Riddhi Steel And Tube Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.14% decrease. The company also saw a substantial improvement in profitability, with a 37.26% increase in profit. The company's net worth moved up by a moderate rise of 6.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Riddhi Steel And Tube?
In 2023, Riddhi Steel And Tube had a promoter holding of 72.56% and a public holding of 27.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Riddhi Tradelink LlpRajeshkumar Mittal and Preeti Rajeshkumar are mutual person
- Hindustan Purefoods And Energy Private Limited
Paras Shah is a mutual person
Charges (Loans)
₹117.67 Cr
₹111.29 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 66.36 Cr
- State Bank Of India : 48.00 Cr
- Others : 3.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2023 | Others | ₹8.10 M | Open |
| 27 Sep 2023 | State Bank Of India | ₹48.00 Cr | Open |
| 30 Mar 2023 | Others | ₹2.50 Cr | Open |
| 31 Mar 2022 | City Union Bank Limited | ₹1.00 M | Open |
| 13 Dec 2019 | City Union Bank Limited | ₹1.00 M | Open |
How Many Employees Work at Riddhi Steel And Tube?
Riddhi Steel And Tube has a workforce of 7 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Riddhi Steel And Tube, 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 Riddhi Steel And Tube'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.
