Rimjhim Ispat Limited

Manufacturer of SS products for construction, automotive, and industrial use, with global exports.

1991 | Kanpur Nagar, Uttar Pradesh (India) | Active
Last Updated: September 30, 2024

Rimjhim Ispat Profile

Key Indicators

  • Authorised Capital ₹ 842.00 Cr
  • Paid Up Capital ₹ 11.00 Cr
  • Company Age 34 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2,299.07 Cr
  • Satisfied Charges ₹ 1,956.18 Cr
  • Revenue Growth -3.98%
  • Profit Growth -22.53%
  • Ebitda -19.42%
  • Net Worth 27.65%
  • Total Assets 19.28%

About Rimjhim Ispat

Rimjhim Ispat Limited (RIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 January 1991 and has a history of 34 years. Its registered office is in Kanpur Nagar, Uttar Pradesh, India.

The Corporate was formerly known as Vandana Castings 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 2023. It's a company limited by shares with an authorized capital of Rs 842.00 Cr and a paid-up capital of Rs 11.00 Cr.

The company currently has active open charges totaling ₹2,299.07 Cr. The company has closed loans amounting to ₹1,956.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rimjhim Ispat Limited India are Sanjeev Agarwal as CFO and Subrat Gupta as Company Secretary. Yogesh Agarwal, Sanjeev Agarwal, Rajiv Goel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanpur Nagar, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101UP1991PLC012679

  • Company No.

    012679

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 1991

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

What products or services does Rimjhim Ispat Limited offer?

Rimjhim Ispat Limited offers a wide range of products and services, including Metal and Alloy Wires, Stainless Steel Wire, Steel Bars, Bright Bar, Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Industrial Steel, Steel Wire, Steel Bars, Rods, Plates & Sheets, Stainless Steel Bars.

Who are the key members and board of directors at Rimjhim Ispat?

Executive Team (3)

NameDesignationAppointment DateStatus
Yogesh Agarwal Country flag representing In Managing Director22-Jan-2009Current
Sanjeev Agarwal Country flag representing In CFO05-Jun-2015Current
Subrat Gupta Company Secretary03-Jun-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjeev Agarwal Country flag representing In Whole-Time Director and Cfo 01-Oct-1994Current
Rajiv Goel Country flag representing In Director 15-Mar-2005Current
Maneesh Mittal Country flag representing In Director 10-Dec-2014Current
Mani Country flag representing In Director 10-Mar-2015Current

Financial Performance of Rimjhim Ispat.

Rimjhim Ispat Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.98% decrease. The company also saw a substantial fall in profitability, with a 22.53% decrease in profit. The company's net worth Soared by an impressive increase of 27.65%.

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
-3.98%
Revenue from Operations
-3.82%
Total Assets
19.28%
Profit or Loss
-22.53%
Net Worth
27.65%
EBITDA
-19.42%

What is the Ownership and Shareholding Structure of Rimjhim Ispat?

In 2023, Rimjhim Ispat had a promoter holding of 25.61% and a public holding of 74.39%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,299.07 Cr

Satisfied Charges

₹1,956.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 1835.22 Cr
  • Indian Bank : 325.64 Cr
  • Axis Bank Limited : 125.00 Cr
  • Yes Bank Limited : 10.41 Cr
  • Hdfc Bank Limited : 2.80 Cr

Latest Charge Details

DateLenderAmountStatus
08 Aug 2024Others₹121.88 CrOpen
20 May 2024Indian Bank₹325.00 CrOpen
05 Apr 2024Axis Bank Limited₹60.00 CrOpen
11 Jan 2024Axis Bank Limited₹65.00 CrOpen
21 Nov 2023Yes Bank Limited₹7.07 MOpen

How Many Employees Work at Rimjhim Ispat?

Rimjhim Ispat has a workforce of 1051 employees as of Sep 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rimjhim 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 Rimjhim Ispat'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 Rimjhim Ispat

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 121.88 Cr with Charge ID 100969087 was registered on 08 Aug 2024.

    08 Aug 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 325.00 Cr with Charge ID 100934044 was registered on 20 May 2024.

    20 May 2024

  • Charges

    A charge registered on 14 Jun 2022 via Charge ID 100588279 with Others was fully satisfied on 12 Apr 2024.

    12 Apr 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100893539 was registered on 05 Apr 2024.

    05 Apr 2024

  • Charges

    A charge registered on 07 Nov 2023 via Charge ID 100820675 with Indian Bank was fully satisfied on 27 Mar 2024.

    27 Mar 2024

  • Charges

    A charge registered on 05 Sep 2019 via Charge ID 100290356 with Hdfc Bank Limited was fully satisfied on 11 Mar 2024.

    11 Mar 2024

Frequently asked questions

  • Rimjhim Ispat Limited was incorporated on 14 Jan 1991.

  • The authorized share capital of Rimjhim Ispat Limited is ₹ 842.00 Cr and paid-up capital is ₹ 11.00 Cr.

  • Currently 7 directors are associated with Rimjhim Ispat Limited.

    • Yogesh Agarwal
    • Sanjeev Kumar Agarwal
    • Rajiv Kumar Goel
    • Maneesh Mittal
    • Mani
    • Sanjeev Kumar Agarwal
    • Subrat Mohan Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rimjhim Ispat Limited is 3A/275, Azad Nagar, Kanpur, Uttar Pradesh, India, 208002.

  • The corporate identification number (CIN) of Rimjhim Ispat Limited is U27101UP1991PLC012679 and the company number is 012679 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rimjhim Ispat Limited is https://www.rimjhimispat.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rimjhim Ispat Limited has fallen by -3.98%.

  • As Per 2023 financial reports, 1051 employees are currently employed by Rimjhim Ispat Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rimjhim Ispat Limited has experienced an upsurge of 27.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rimjhim Ispat Limited amount to ₹ 2,299.07 Cr.

  • The most recent Balance Sheet for Rimjhim Ispat Limited was filed with the ROC on 31 Mar 2023.

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