Royal Arc Electrodes Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 9.30 Cr
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.52 Cr
- Satisfied Charges ₹ 66.34 Cr
- Revenue Growth 51.24%
- Profit Growth 357.08%
- Ebitda 267.72%
- Net Worth 46.20%
- Total Assets 3.23%
About Royal Arc Electrodes
Royal Arc Electrodes Limited (RAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 January 1996 and has a history of 29 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Royalarc Electrodes 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 2023. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 9.30 Cr.
The company currently has active open charges totaling ₹15.52 Cr. The company has closed loans amounting to ₹66.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Royal Arc Electrodes Limited India are Hardik Sanghvi as CFO and Mansi Bagadiya as Company Secretary. Hardik Sanghvi, Bipin Sanghvi, Rahul Vattamparambil, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31100MH1996PLC096296
- Company No.
096296
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Jan 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Royal Arc Electrodes Limited offer?
Royal Arc Electrodes Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Welding, Rods, Electrodes & Wires, Welding Electrodes, Abrasives & Grains, Abrasive Wheels, Welding Equipments & Machinery, Welding Compounds.
Who are the key members and board of directors at Royal Arc Electrodes?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bipin Sanghvi  | Managing Director | 15-Jan-1996 | Current |
| Hardik Sanghvi | CFO | 29-Jan-2024 | Current |
| Mansi Bagadiya | Company Secretary | 08-Feb-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swagat Sanghvi | Whole-Time Director | 16-Aug-2010 | Current |
| Hardik Sanghvi | Whole-Time Director | 01-Dec-2002 | Current |
| Rahul Vattamparambil | Director | 23-Jan-2024 | Current |
| Kunal Turakhia | Director | 23-Jan-2024 | Current |
| Jayna Mehta | Director | 23-Jan-2024 | Current |
Financial Performance of Royal Arc Electrodes.
Royal Arc Electrodes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.24% increase. The company also saw a substantial improvement in profitability, with a 357.08% increase in profit. The company's net worth Soared by an impressive increase of 46.2%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Royal Arc Electrodes?
In 2023, Royal Arc Electrodes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Royal Arc Infrastructure Private LimitedBipin Sanghvi is a mutual person
Charges (Loans)
₹15.52 Cr
₹66.34 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 15.30 Cr
- Hdfc Bank Limited : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2021 | Hdfc Bank Limited | ₹2.20 M | Open |
| 26 Jul 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.30 Cr | Open |
| 30 Jan 2021 | Axis Bank Limited | ₹8.37 M | Satisfied |
| 27 Oct 2020 | Others | ₹2.30 Cr | Satisfied |
| 18 Mar 2017 | Yes Bank Limited | ₹7.00 M | Satisfied |
How Many Employees Work at Royal Arc Electrodes?
Royal Arc Electrodes has a workforce of 70 employees as of Mar 29, 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 Royal Arc Electrodes, 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 Royal Arc Electrodes'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.
