Rexon Strips Private Limited

Rexon Strips Private Limited - metals and minerals in Rourkela, Odisha, India. FY 2026 financials & compliance.
CIN U27109OR1993PTC003344 Incorporated 08 June 1993 ROC Cuttack HQ Rourkela, Odisha, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹135.34 Cr
Latest filing
Net profit · FY 2025
₹4.72 Cr
Net margin 3.5%
EBITDA · FY 2025
₹9.37 Cr
EBITDA margin 6.9%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹8.1 Cr
Issued & subscribed
Open charges
₹28.27 Cr
Satisfied ₹56.09 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
187
Provident fund records

About Rexon Strips Private Limited

Data last updated:

Rexon Strips Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 June 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27109OR1993PTC003344. Its GSTIN is 21AABCR4854P1Z3 (Odisha). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.1 Cr. It is led by directors including Adarsh Kejriwal and Prahalad Kejriwal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at At Kumkela Post – Lathikata, Rourkela, Odisha, India – 770037.

As per the financials filed for FY 2025, the company reported a revenue of ₹135.34 Cr. For the same year it recorded a net profit of ₹4.72 Cr (net margin 3.5%) and EBITDA of ₹9.37 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.

The company has about 187 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Rexon Strips Limited. As per MCA filings, the company has open charges of ₹28.27 Cr and satisfied charges of ₹56.09 Cr on record. Court records list 64 cases involving the company, including 49 filed by the company and 15 filed against it; 21 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.02 Cr; the latest was in March 2017. Its 10 peer companies in the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Paul Strips and Tubes Private Limited with revenue of ₹135.65 Cr.

Rexon Strips Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0000470). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rexon.in.

Company details

CIN U27109OR1993PTC003344
Registration Number 003344
Incorporation Date 08 June 1993
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-30-0000470

CIN history

Rexon Strips has one previous CIN (Corporate Identification Number): U27109OR1993PLC003344. The current CIN is U27109OR1993PTC003344, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27109OR1993PTC003344Current
U27109OR1993PLC003344Previous

Recognitions & Rankings of Rexon Strips

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-OD-30-0000470

Contact details

Rexon Strips Private Limited's registered office is in Rourkela, Odisha.

  • Social Media
  • Registered Address
    At Kumkela Post – Lathikata, Rourkela, Odisha, India – 770037
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Comprehensive company report
Rexon Strips Private Limited - one report that includes everything
  • 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
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Brands

Rexon Strips operates one associated brand: Rexon Strips Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Sponge iron, iron ore processing, and related metal production in Odisha.rexon.in

Business activity

The main business activity of Rexon Strips is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Rexon Strips Private Limited, buy the company report.

Financials of Rexon Strips Private Limited

FY 2024 filings available

Rexon Strips Private Limited reported revenue of ₹135.34 Cr for FY 2025.

Revenue · FY 2025
₹135.34 Cr
Net profit · FY 2025
₹4.72 Cr margin 3.5%
EBITDA · FY 2025
₹9.37 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 20%
5 years · compounded
▲ 42%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA rose 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.37 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.72 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.9%
Net Profit Margin3.5%
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 Rexon Strips Private Limited, buy the company report.

Board of directors of Rexon Strips Private Limited

Rexon Strips has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Adarsh KejriwalDirector20 Jul 20224 Years 3 MonthsCurrent
Prahalad KejriwalDirector27 May 199630 Years 4 MonthsCurrent
Chandra Kumar KejriwalDirector27 May 199630 Years 4 MonthsCurrent

Peer comparison

Rexon Strips Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Paul Strips and Tubes Private Limited₹135.65 Cr (FY 2024)48.0%Kanpur, Uttar Pradesh, India
Orson Holdings Co Ltd₹135.62 Cr (FY 2025)13.0%Howrah, West Bengal, India
Elcon Green Recycling Private Limited₹135.48 Cr (FY 2025)700.0%Delhi, India
Netrack Enclosures Private Limited₹135.43 Cr (FY 2025)23.0%Bangalore, Karnataka, India
MTL Pipes India Limited₹135.36 Cr (FY 2025)213.0%Dhar, Madhya Pradesh, India
Rexon Strips Private Limitedthis company₹135.34 Cr (FY 2025)₹4.72 Cr3.5%Rourkela, Odisha, India
TN India Private Limited₹135.13 Cr (FY 2025)3.0%Silvassa, Dadra and Nagar Haveli, India
Ceedee Metalloys Private Limited.₹135.07 Cr (FY 2025)-9.0%Bangalore, Karnataka, India
Ratnesh Ispat Services Private Limited₹134.73 Cr (FY 2025)45.0%Mumbai, Maharashtra, India
Jayaam Galvanizers Private Limited₹134.69 Cr (FY 2025)15.0%Ponneri, Tamil Nadu, India
Kansal Colour Roofings India Private Limited₹134.68 Cr (FY 2025)20.0%New Delhi, Delhi, India

To see the full peer comparison of Rexon Strips Private Limited, buy the company report.

Charges & borrowings

Open charges
₹28.27 Cr
Satisfied charges
₹56.09 Cr
Breakdown by lending institutions
State Bank of India₹27.70 Cr
Hdfc Bank Limited₹0.45 Cr
The Lakshmi General Finance Limited₹0.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 May 2024100954229Hdfc Bank Limited₹45.14 LakhOpen
15 Mar 2024100889453State Bank of India₹27.7 CrOpen
16 Aug 199590080812The Lakshmi General Finance Limited₹11.83 LakhOpen
07 Feb 2022100561359Uco Bank₹2.17 CrSatisfied
18 Mar 2021100455169Uco Bank₹4.36 CrSatisfied

To see the full charge records of Rexon Strips Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Rexon Strips Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.02 Cr; the latest was in March 2017.

Total deals
6
Secondary share transfers
4
Funding round
1
Rights issue
1
Disclosed funding
₹2.02 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: Ramesh Agarwal HUF, 3 individuals
Mar 2015Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Feb 2015Rights issue₹45 LakhInvestors: Ramesh Agarwal HUF, 3 individuals
Mar 2014Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2007Secondary share transferUndisclosedBuyer: Rexon Industries Limited
Seller: Rexon Strips Private Limited

To see the full deal history of Rexon Strips Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Rexon Strips Private Limited was last rated by Care on 14 Jun 2022.

Rating agencyRated onRating
Care14 Jun 2022

To see the full credit ratings and regulatory alerts of Rexon Strips Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rexon Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Rexon Strips has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
21AABCR4854P1Z3OdishaActive01 Jul 2017

To see the full GST registrations and return filing status of Rexon Strips Private Limited, buy the company report.

Recent activity

Rexon Strips Private Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Adarsh Kejriwal was appointed as Director on 20 Jul 2022.

AGM
Rexon Strips Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100954229 was registered on 28 May 2024.
Charges
A charge registered on 07 Feb 2022 via Charge ID 100561359 with Uco Bank was fully satisfied on 14 May 2024.
Charges
A charge registered on 18 Mar 2021 via Charge ID 100455169 with Uco Bank was fully satisfied on 14 May 2024.
Charges
A charge registered on 10 Nov 2004 via Charge ID 90081317 with Uco Bank was fully satisfied on 14 May 2024.
Filing
Rexon Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge registered on 16 Mar 2021 via Charge ID 100466352 with Hdfc Bank Limited was fully satisfied on 24 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 27.70 Cr with Charge ID 100889453 was registered on 15 Mar 2024.
Charges
A charge registered on 14 Jul 2020 via Charge ID 100355282 with Uco Bank was fully satisfied on 08 Feb 2024.
Appointed
Adarsh Kejriwal was appointed as Director.
Charges
A charge with Uco Bank amounted to Rs. 2.17 Cr with Charge ID 100561359 was registered on 07 Feb 2022.
Ceased
Ramswaroop Kejriwal ceased to be Director.

13 earlier events are in the company report.

Frequently asked questions

Rexon Strips is an active private limited company based in Rourkela, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 June 1993 (33+ years old) and is registered under CIN U27109OR1993PTC003344.

Rexon Strips has 3 current directors:

The latest financial statements of Rexon Strips on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Rexon Strips is 21AABCR4854P1Z3, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Rexon Strips is U27109OR1993PTC003344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rexon Strips has 64 court cases on record: 49 filed by the company and 15 filed against it. 21 are pending. Most are in the high courts.

Rexon Strips was incorporated on 08 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Cuttack.

Rexon Strips has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.02 Cr; the latest was in March 2017.

The peers of Rexon Strips by revenue are Paul Strips and Tubes Private Limited, Orson Holdings Co Ltd, Elcon Green Recycling Private Limited, Netrack Enclosures Private Limited, MTL Pipes India Limited and 5 more, all in the same principal business activity (metal and metal products).

Adarsh Kejriwal was appointed as Director on 20 Jul 2022. Ramswaroop Kejriwal ceased to be Director on 31 Mar 2021. Vinay Kejriwal ceased to be Director on 21 Jan 2013. Rexon Strips has 5 board changes on record in total.

Yes, Rexon Strips is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-30-0000470).