Rungta Mines Profile
Key Indicators
- Authorised Capital ₹ 3,205.00 Cr
- Paid Up Capital ₹ 274.19 Cr
- Company Age 62 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4,940.00 Cr
- Satisfied Charges ₹ 1,159.72 Cr
- Revenue Growth 4.20%
- Profit Growth -63.19%
- Ebitda -60.97%
- Net Worth 2.33%
- Total Assets 9.21%
About Rungta Mines
Rungta Mines Limited (RML) was founded in India on 01 December 1962 and has a glorious history of 62 years and two months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Rungta Mines 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 3,205.00 Cr and a paid-up capital of Rs 274.19 Cr.
The company currently has active open charges totaling ₹4,940.00 Cr. The company has closed loans amounting to ₹1,159.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rungta Mines Limited India are Nitin Dattani as CFO and Ashok Kumar as Company Secretary. Mukund Rungta, Siddharth Rungta, Nandlal Rungta, and Ten other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U26911WB1962PLC025691
- Company No.
025691
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Dec 1962
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Rungta Mines Limited offer?
Rungta Mines Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Steel Bars, Rods, Plates & Sheets, TMT Bars.
Who are the key members and board of directors at Rungta Mines?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashutosh Mohanty  | Managing Director | 01-Jul-2012 | Current |
| Nitin Dattani | CFO | 01-Aug-2021 | Current |
| Ashok Kumar | Company Secretary | 30-Dec-2010 | Current |
Board Members (12)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mukund Rungta | Director | 30-Jun-1992 | Current |
| Siddharth Rungta | Director | 03-Jul-2001 | Current |
| Nandlal Rungta | Director | 07-Jan-1985 | Current |
| Vikesh Singh | Whole-Time Director | 01-Jul-2012 | Current |
| Pranaya Deo | Whole-Time Director | 01-Dec-2020 | Current |
| Hirak Mazumder | Director | 07-Feb-2011 | Current |
Financial Performance of Rungta Mines.
Rungta Mines Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.2% increase. The company also saw a substantial fall in profitability, with a 63.19% decrease in profit. The company's net worth moved up by a moderate rise of 2.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rungta Mines?
In 2023, Rungta Mines had a promoter holding of 78.88% and a public holding of 21.12%. The company had 5 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rungta Sons Pvt LtdMukund Rungta, Siddharth Rungta and 5 more are mutual person
Feegrade & Co Pvt LtdMukund Rungta, Siddharth Rungta and 4 more are mutual person
- Bonai Industrial Co Ltd
Mukund Rungta, Siddharth Rungta and 5 more are mutual person
- Electrochem Orissa Ltd
Mukund Rungta, Nandlal Rungta and 1 more are mutual person
- Shyam Sundar Ltd
Mukund Rungta, Siddharth Rungta and 1 more are mutual person
- Mangilall Estates Pvt Ltd
Mukund Rungta, Siddharth Rungta and 1 more are mutual person
Charges (Loans)
₹4,940.00 Cr
₹1,159.72 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 4940.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2024 | Canara Bank | ₹1,440.00 Cr | Open |
| 12 Oct 2002 | Canara Bank | ₹3,500.00 Cr | Open |
| 15 Jun 2019 | State Bank Of India | ₹200.00 Cr | Satisfied |
| 22 Mar 2010 | Canara Bank | ₹230.00 Cr | Satisfied |
| 19 Mar 2010 | Canara Bank | ₹200.00 Cr | Satisfied |
How Many Employees Work at Rungta Mines?
Rungta Mines has a workforce of 1743 employees as of Apr 09, 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 Rungta Mines, 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 Rungta Mines'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.
