About RND Steels Limited
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RND Steels Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 20 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1992PLC055488. Its GSTIN is 19AACCA6376N1Z3 (West Bengal). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹106.5 Cr and a paid-up capital of ₹106.04 Cr. It was formerly known as Adhunik Steels Limited and Novo Steels Limited. It is led by directors including Jugal Kishore Agarwal and Mohan Lal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 N S Rd, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.58 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹4.91 Cr (net margin -190.7%) and EBITDA of -₹3.84 Cr (EBITDA margin -148.9%).
As per MCA filings, the company has open charges of ₹375.06 Cr and satisfied charges of ₹725.66 Cr on record. Court records list 29 cases involving the company, including 12 filed by the company and 17 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website adhunikgroup.com.
Company details
Name history
RND Steels has undergone 4 name changes throughout its history. The current legal name is Rnd Steels Limited.
| Company Name | Status |
|---|---|
| RND Steels Limited | Current |
| Adhunik Steels Limited | Previous |
| Novo Steels Limited | Previous |
| Versatel Limited | Previous |
| Aadhunik Steels Ltd. | Previous |
CIN history
RND Steels has one previous CIN (Corporate Identification Number): U27109WB1992PTC055488. The current CIN is U27109WB1992PLC055488, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB1992PLC055488 | Current |
| U27109WB1992PTC055488 | Previous |
Contact details
RND Steels Limited's registered office is in Kolkata, West Bengal. Its website is adhunikgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address14 N S Rd, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of RND Steels Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of RND Steels Limited
FY 2025 filings availableRND Steels Limited reported revenue of ₹2.58 Cr (down 97% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.58 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹3.84 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.91 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -148.9% | |||
| Net Profit Margin | -190.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of RND Steels Limited, buy the company report.
Board of directors of RND Steels Limited
RND Steels has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydeep Mukherjee Also directs: Arena Textiles and Industries Limited, Futuristic Steel Ltd. | Additional Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Jugal Kishore Agarwal | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Mohan Lal Agarwal Also directs: Mahananda Suppliers Ltd., Sungrowth Share & Stocks Limited. | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
Auditor
RND Steels Limited is audited by GARGARI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARGARI & ASSOCIATES | FY 2018 | 329540E |
Shareholding
The shareholding of RND Steels Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of RND Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2015 | 100027610 | Ifci Limited | ₹110 Cr | Open | |
| 23 Aug 2004 | 80049842 | State Bank of India | ₹265.06 Cr | Open | |
| 06 Feb 2017 | 100084224 | Others | ₹160 Cr | Satisfied | |
| 06 Feb 2017 | 100112050 | Others | ₹40 Cr | Satisfied | |
| 20 Jan 2016 | 100016730 | Others | ₹20 Cr | Satisfied |
To see the full charge records of RND Steels Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
RND Steels Limited has 29 court cases on record: 12 filed by RND Steels, 17 filed against it. 7 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 5 | 0 |
| District courts | 11 | 11 | 7 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Infrastructure Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Avadh Mercantile Co. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Yaana Apparels Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Disposed |
| High Court | Company petition | Filed by the company against Gulf Oil Corporation Limited | Disposed |
To see the full case history of RND Steels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for RND Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RND Steels has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA6376N1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of RND Steels Limited, buy the company report.
Recent activity
RND Steels Limited has 16 board changes on record since 2010: 3 appointments and 13 cessations. The latest: Jaydeep Mukherjee was appointed as Additional Director on 01 Oct 2024.
31 earlier events are in the company report.
News
Frequently asked questions
RND Steels is an active public limited company based in Kolkata, West Bengal, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 20 May 1992 (34+ years old) and is registered under CIN U27109WB1992PLC055488.
RND Steels has 3 current directors:
- Jaydeep Mukherjee - Additional Director
- Jugal Kishore Agarwal - Director
- Mohan Lal Agarwal - Director
The latest financial statements of RND Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of RND Steels is 19AACCA6376N1Z3, registered in West Bengal. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of RND Steels is U27109WB1992PLC055488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RND Steels has 29 court cases on record: 12 filed by the company and 17 filed against it. 7 are pending. Most are in the high courts.
RND Steels was incorporated on 20 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Jaydeep Mukherjee was appointed as Additional Director on 01 Oct 2024. Jugal Kishore Agarwal ceased to be Additional Director on 29 Sep 2018. Sushil Kumar Singhal ceased to be Additional Director on 29 Sep 2018. RND Steels has 16 board changes on record in total.
RND Steels can be reached through the website adhunikgroup.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of RND Steels is at 14 N S Rd, Kolkata, West Bengal, India – 700001.