Rungta Mines Limited

Mining and manufacturing of minerals and steel products for domestic and international markets.

1962 | Kolkata, West Bengal (India) | Active
Last Updated:

Rungta Mines Profile

Key Indicators

  • Authorised Capital ₹ 3,205.00 Cr
  • Paid Up Capital ₹ 274.19 Cr
  • Company Age 62 Year, 5 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 five 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

Metals and Minerals

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.

Company report

Rungta Mines Limited

Explore comprehensive data for Rungta Mines Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Rungta Mines?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashutosh Mohanty Country flag representing In Managing Director01-Jul-2012Current
Nitin Dattani CFO01-Aug-2021Current
Ashok Kumar Country flag representing In Company Secretary30-Dec-2010Current

Board Members (12)

NameDesignationAppointment DateStatus
Mukund Rungta Country flag representing In Director 30-Jun-1992Current
Siddharth Rungta Country flag representing In Director 03-Jul-2001Current
Nandlal Rungta Country flag representing In Director 07-Jan-1985Current
Vikesh Singh Country flag representing In Whole-Time Director 01-Jul-2012Current
Pranaya Deo Country flag representing In Whole-Time Director 01-Dec-2020Current
Hirak Mazumder Country flag representing In Director 07-Feb-2011Current

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%.

Rungta Mines revenue growth over time
Rungta Mines 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
4.20%
Revenue from Operations
8.26%
Total Assets
9.21%
Profit or Loss
-63.19%
Net Worth
2.33%
EBITDA
-60.97%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,940.00 Cr

Satisfied Charges

₹1,159.72 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 4940.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2024Canara Bank₹1,440.00 CrOpen
12 Oct 2002Canara Bank₹3,500.00 CrOpen
15 Jun 2019State Bank Of India₹200.00 CrSatisfied
22 Mar 2010Canara Bank₹230.00 CrSatisfied
19 Mar 2010Canara Bank₹200.00 CrSatisfied

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.

Employee growth trends for Rungta Mines Limited

Deals i

Graph showing company valuation over time

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

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 Rungta Mines

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 1,440.00 Cr with Charge ID 100946981 was registered on 19 Jun 2024.

  • Charges

    A charge with Canara Bank of Rs. 3,500.00 Cr registered on 12 Oct 2002 with Charge ID 90250550 was modified on 19 Jun 2024.

  • Charges

    A charge registered on 10 Dec 2004 via Charge ID 90250809 with Canara Bank was fully satisfied on 09 Apr 2024.

  • Annual General Meeting

    Rungta Mines Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Saju Thomas was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2023 & has been associated with this company since 1 year 8 months .

  • Charges

    A charge registered on 15 Jun 2019 via Charge ID 100273252 with State Bank Of India was fully satisfied on 08 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Rungta Mines Limited?

    Rungta Mines Limited was incorporated on 01 Dec 1962.

  • What is authorized share capital and paid-up capital of Rungta Mines Limited?

    The authorized share capital of Rungta Mines Limited is ₹ 3,205.00 Cr and paid-up capital is ₹ 274.19 Cr.

  • Who are the current board members & directors of Rungta Mines Limited?

    Currently 15 directors are associated with Rungta Mines Limited.

    • Mukund Rungta
    • Siddharth Rungta
    • Nandlal Rungta
    • Vikesh Singh
    • Pranaya Kumar Deo
    • Ashutosh Mohanty
    • Hirak Mazumder
    • Ranjana Kumari
    • Pradeep Kumar Lodha
    • Braj Kishore Jha
    • Pradeep Kumar Chaturvedi
    • Rabin Banerjee
    • Saju Thomas
    • Nitin Dattani
    • Ashok Kumar

  • What is the registered address of Rungta Mines Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rungta Mines Limited is 8A Express Tower, 42A Shakespeare Sarani India, Kolkata, West Bengal, 700017.

  • What is the corporate identification number (CIN) and company number of Rungta Mines Limited?

    The corporate identification number (CIN) of Rungta Mines Limited is U26911WB1962PLC025691 and the company number is 025691 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rungta Mines Limited?

    The Official website of Rungta Mines Limited is https://www.rungtamines.com

  • What has been the recent revenue trend for Rungta Mines Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Rungta Mines Limited has risen by 4.20%.

  • How many employees does Rungta Mines Limited currently have?

    As Per 2022 financial reports, 1743 employees are currently employed by Rungta Mines Limited.

  • What change has been observed in the net worth of Rungta Mines Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Rungta Mines Limited has experienced an upsurge of 2.33%.

  • What are the total open charges for Rungta Mines Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Rungta Mines Limited amount to ₹ 4,940.00 Cr.

  • When was the last Balance Sheet of Rungta Mines Limited filed with the ROC?

    The most recent Balance Sheet for Rungta Mines Limited was filed with the ROC on 31 Mar 2023.

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