Rite Steel Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.71 Cr
- Company Age 30 Year, 11 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 16.03 Cr
- Revenue Growth -35.16%
- Profit Growth -153.85%
- Ebitda -39.60%
- Net Worth -2.02%
- Total Assets -5.81%
About Rite Steel Industries
Company Details
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Location
Tiruvallur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27105TN1995PTC030037
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Company No.
030037
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Feb 1995
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Date of AGM
14 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 Chennai
Industry
Who are the key members and board of directors at Rite Steel Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendran Sabanayagam
|
Director | 01-Jul-2008 | Current |
|
Vaidyanathan
|
Director | 05-Jun-2002 | Current |
Financial Performance of Rite Steel Industries.
Rite Steel Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.16% decrease. The company also saw a substantial fall in profitability, with a 153.85% decrease in profit. The company's net worth dipped by a decrease of 2.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rite Steel Industries?
In 2023, Rite Steel Industries had a promoter holding of 53.82% and a public holding of 46.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sumangala Steel Private Limited
Rajendran Sabanayagam and Vaidyanathan are mutual person
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Saba Engineering Private Limited
Rajendran Sabanayagam is a mutual person
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Sumangala Industrial Parks & Investments Private Limited
Rajendran Sabanayagam is a mutual person
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Valampuri Vetri Vinayakar Contract Works Llp
Vaidyanathan is a mutual person
Charges (Loans)
₹0
₹16.03 Cr
Charges Breakdown by Lending Institutions
- Others : 14.74 Cr
- The Tamilnadu Industrial Investment Corporation Limited : 1.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2010 | Others | ₹14.74 Cr | Satisfied |
| 21 May 1996 | The Tamilnadu Industrial Investment Corporation Limited | ₹1.29 Cr | Satisfied |
How Many Employees Work at Rite Steel Industries?
Rite Steel Industries has a workforce of 4 employees as of Apr 06, 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 Rite Steel Industries, 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 Rite Steel Industries'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.
