Rite Steel Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.71 Cr
- Company Age 30 Year, 3 Months
- 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
Rite Steel Industries Private Limited (RSIPL) is Amalgamated company established on 02 Feb 1995 with its office registered at Tiruvallur, Tamil Nadu, India and has been running since 30 Year, 3 Months with a paid up capital of 1.71 Cr. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27105TN1995PTC030037
- Company No.
030037
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Feb 1995
- Date of AGM
14 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Metals and Minerals
Rite Steel Industries Private Limited
Explore comprehensive data for Rite Steel Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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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Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Rite Steel Industries
Recent activity within the organization
- Charges
A charge registered on 31 Mar 2010 via Charge ID 10250891 with Others was fully satisfied on 29 Sep 2023.
- Annual General Meeting
Rite Steel Industries Private Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.
- Balance Sheet
Rite Steel Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others of Rs. 14.74 Cr registered on 31 Mar 2010 with Charge ID 10250891 was modified on 30 Jul 2020.
- Charges
A charge with Others amounted to Rs. 14.74 Cr with Charge ID 10250891 was registered on 31 Mar 2010.
- Director Appointment
Rajendran Sabanayagam was appointed as a Director was appointed as a Director on 01 Jul 2008 & has been associated with this company since 16 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Rite Steel Industries Private Limited?
Rite Steel Industries Private Limited was incorporated on 02 Feb 1995.
What is authorized share capital and paid-up capital of Rite Steel Industries Private Limited?
The authorized share capital of Rite Steel Industries Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.71 Cr.
Who are the current board members & directors of Rite Steel Industries Private Limited?
Currently 2 directors are associated with Rite Steel Industries Private Limited.
- Rajendran Sabanayagam
- Vaidyanathan
What is the registered address of Rite Steel Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rite Steel Industries Private Limited is No.D.P. No.101-A 101-B Sidco Industrial Estate Kakkalur - 602 003, Tiruvallur India, Taluk Chengai District, Tamil Nadu, 602003.
What is the corporate identification number (CIN) and company number of Rite Steel Industries Private Limited?
The corporate identification number (CIN) of Rite Steel Industries Private Limited is U27105TN1995PTC030037 and the company number is 030037 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rite Steel Industries Private Limited?
The Official website of Rite Steel Industries Private Limited is https://www.ritesteel.com
What has been the recent revenue trend for Rite Steel Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rite Steel Industries Private Limited has fallen by -35.16%.
How many employees does Rite Steel Industries Private Limited currently have?
As Per 2023 financial reports, 4 employees are currently employed by Rite Steel Industries Private Limited.
What change has been observed in the net worth of Rite Steel Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rite Steel Industries Private Limited has experienced an downturn of -2.02%.
When was the last Balance Sheet of Rite Steel Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Rite Steel Industries Private Limited was filed with the ROC on 31 Mar 2023.
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