Raajratna Metal Industries Ltd - Company Profile

It is a metals and minerals public limited company based in Ahmedabad, Gujarat, India, established in 1988.
1988 Ahmedabad, Gujarat, India Active
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About Raajratna Metal Industries Ltd

Raajratna Metal Industries Ltd, a active public limited company, was established on 09 May 1988 in Ahmedabad, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U24231GJ1988PLC010673. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹22.50 Cr and a paid-up capital of ₹8.36 Cr.

Formerly known as Raajratna Chemicals Limited, Raajratna Chemicals Private Limited. It upholds a compliant status. Employing 1,390 professional, Its leadership includes Rujuta Ashvinbhai Shah (Director), Babulal Dalichand Sanghvi (Managing Director), Tarachand Dalichand Sanghvi (Whole-Time Director). Past directors included Shailesh Anantlal Sheth, Ashish Virendrabhai Shah, Rujuta Ashvinbhai Shah. It holds ₹292.00 Cr open charges and ₹151.40 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 909,Sakar-Iii,Nr.Income Tax Circle Navrangpura, Ahmedabad, Gujarat, 380014.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24231GJ1988PLC010673

  • Registration Number

    010673

  • Incorporation Date

    09 May 1988

  • Authorized Capital

    ₹22.50 Cr

  • Paid-Up Capital

    ₹8.36 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 22.50 Cr
  • Paid Up Capital ₹ 8.36 Cr
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 292.00 Cr
  • Satisfied Charges ₹ 151.40 Cr
  • Revenue Growth **** -4.03%
  • Profit Growth **** -25.70%
  • Ebitda **** -1.99%
  • Net Worth 15.70%
  • Total Assets -1.18%
Company report

Raajratna Metal Industries Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Raajratna Metal Industries Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Raajratna Metal Industries Ltd?
Current Directors
Name Designation Appointment Date Status
Rujuta Ashvinbhai Shah Director 12 Mar 2020 Current
Babulal Dalichand Sanghvi Managing Director 27 Sep 2005 Current
Tarachand Dalichand Sanghvi Whole-Time Director 27 Sep 2005 Current
Naresh Babulal Sanghvi Whole-Time Director 01 Apr 2007 Current
Purvashi Dineshchandra Adhvaryu Director 09 Mar 2021 Current
Amol Rohitbhai Dalal Director 07 Dec 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 27 Sep 2016 Past
Pramod Abcsdd Director 17 Aug 2019 Past
Pramod Abcsdd Additional Director 18 Dec 2020 Past
Pramod Abcsdd Company Secretary 01 Apr 2016 Past
Pramod Abcsdd Whole-Time Director 31 Mar 2012 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Raajratna Metal Industries.

Raajratna Metal Industries Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.03% decrease. The company also saw a substantial fall in profitability, with a 25.7% decrease in profit. The company's net worth Soared by an impressive increase of 15.7%.

Raajratna Metal Industries revenue growth over time
Raajratna Metal Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -4.03%
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Revenue from Operations
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 -2.88%
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Total Assets
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 -1.18%
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Profit or Loss
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 -25.70%
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Net Worth
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 15.70%
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*******
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EBITDA
*******
 -1.99%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Raajratna Metal Industries?

In 2023, Raajratna Metal Industries had a promoter holding of 99.31% and a public holding of 0.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,920,000,000.00

Satisfied Charges

₹1,513,991,000.00

Charges Breakdown by Lending Institutions
  • Others : 292.00 Cr
Latest Charge Details
Date Lender Amount Status
29 Oct 1997 Others ₹292.00 Cr Open
08 Oct 2014 Yes Bank Limited ₹10.00 Cr Satisfied
07 Jun 2011 Bank Of Baroda ₹6.00 Cr Satisfied
02 Jul 2010 Yes Bank Limited ₹10.00 Cr Satisfied
29 Mar 2010 Idbi Bank Limited ₹7.20 Cr Satisfied

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How Many Employees Work at Raajratna Metal Industries?

Raajratna Metal Industries has a workforce of 1390 employees as of Mar 31, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raajratna Metal Industries, 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 Raajratna Metal Industries'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.

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Latest Updates, News, and FAQs on Raajratna Metal Industries
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Raajratna Metal Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Raajratna Metal Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Director Appointment

    Amol Rohitbhai Dalal was appointed as a Director was appointed as a Director on 07 Dec 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.

  • Charges

    A charge registered on 17 Apr 1995 via Charge ID 90098129 with The Industrial Credit & Investment Corporation Of India was fully satisfied on 21 Jan 2022. was recorded as a recent event.

  • Charges

    The activity A charge registered on 08 Oct 2014 via Charge ID 10530302 with Yes Bank Limited was fully satisfied on 07 Oct 2021. was completed.

  • Charges

    A charge with Others of Rs. 292.00 Cr registered on 29 Oct 1997 with Charge ID 90098705 was modified on 07 Oct 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Raajratna Metal Industries Ltd?

The CIN of Raajratna Metal Industries Ltd is U24231GJ1988PLC010673.

Where is Raajratna Metal Industries Ltd headquartered?

Raajratna Metal Industries Ltd is headquartered at 909,Sakar-Iii,Nr.Income Tax Circle Navrangpura, Ahmedabad, Gujarat, 380014.

When was Raajratna Metal Industries Ltd incorporated?

Raajratna Metal Industries Ltd was incorporated on 09 May 1988.

Who are the current directors of Raajratna Metal Industries Ltd?

The current directors of Raajratna Metal Industries Ltd are

What is the primary industry of Raajratna Metal Industries Ltd?

The primary industry of Raajratna Metal Industries Ltd is Manufacturing.

Is Raajratna Metal Industries Ltd a listed company?

Raajratna Metal Industries Ltd is unlisted.

What is the capital structure of Raajratna Metal Industries Ltd?

The authorized capital of Raajratna Metal Industries Ltd is ₹22.50 Cr, and the paid-up capital is ₹8.36 Cr.

What is the compliance status of Raajratna Metal Industries Ltd?

The compliance status of Raajratna Metal Industries Ltd is Compliant.

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