Raibagi Steels Private Limited
About Raibagi Steels Private Limited
Data last updated:
Raibagi Steels Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 23 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27101KA2008PTC047836. Its GSTIN is 29AAECR1360H1ZE (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Prakash Shrikantsa Raibagi (Managing Director) and Gayatri Prakash Raibagi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.811 – 812 Between 2nd & 3rd Railway Gate Congress Road Tilakwadi, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.34 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹26.76 Lakh (net margin -20%) and EBITDA of -₹1.7 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹1.88 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.811 – 812 Between 2nd & 3rd Railway Gate Congress Road Tilakwadi, Belgaum, Karnataka, India – 590006
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Raibagi Steels Private Limited
The main business activity of Raibagi Steels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Raibagi Steels Private Limited FY 2023 filings available
Raibagi Steels Private Limited reported revenue of ₹1.34 Cr (up 63% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Raibagi Steels Private Limited
Revenue rose 63% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 450% 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 of Raibagi Steels Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.76 Lakh | •••• | •••• | •••• | •••• |
| 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 of Raibagi Steels Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Raibagi Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Raibagi Steels Private Limited
Raibagi Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G R Ispat Private Limited | ₹1.35 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Lambodar Ispat Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| NKG Steels (India) Private Limited | ₹1.34 Cr (FY 2016) | •••• | •••• | •••• | Delhi, India | |
| Saloni Business Park Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Parasmani Consultancy Services Private Limited | ₹1.34 Cr (FY 2022) | •••• | •••• | 1290.0% | •••• | Kolkata, West Bengal, India |
| Raibagi Steels Private Limited this company | ₹1.34 Cr (FY 2021) | •••• | •••• | 63.0% | •••• | Belgaum, Karnataka, India |
| Param Sales Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Varshney Travels Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| M U Steels Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Adwitaa Iron and Steel Private Limited | ₹1.33 Cr (FY 2018) | •••• | •••• | 1117.0% | •••• | Nagpur, Maharashtra, India |
| Able Metal Works Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Raibagi Steels by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Raibagi Steels Private Limited
Auditor information for Raibagi Steels Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Raibagi Steels Private Limited
Raibagi Steels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayatri Prakash Raibagi Also directs: RVR Petrochem Limited | Director | 23 Sep 2008 | 18 Years 0 Months | Current |
| Prakash Shrikantsa Raibagi Also directs: RVR Petrochem Limited | Managing Director | 23 Sep 2008 | 18 Years 0 Months | Current |
Ownership and Shareholding of Raibagi Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Raibagi Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2009 | Axis Bank Limited | ₹1.88 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Raibagi Steels Private Limited
Raibagi Steels Private Limited has 3 court cases on record: 3 filed by Raibagi Steels. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Secretary to Government | Disposed |
| District court, BELAGAVI, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Raibagi Steels Private Limited
Employment history and EPFO contributions of people linked to Raibagi Steels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Raibagi Steels Private Limited
Raibagi Steels Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Vishnu Shrikantsa Raibagi ceased to be Director on 22 Jun 2011.
Credit Ratings, Litigation & Regulatory Alerts for Raibagi Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Raibagi Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Raibagi Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Raibagi Steels Private Limited
Raibagi Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECR1360H1ZE | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Raibagi Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Raibagi Steels Private Limited
Raibagi Steels is an active private limited company based in Belgaum, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 23 September 2008 (18+ years old) and is registered under CIN U27101KA2008PTC047836.
Raibagi Steels reported revenue of ₹1.34 Cr for FY 2021 (up 63% YoY).
Raibagi Steels has 2 current directors:
- Prakash Shrikantsa Raibagi - Managing Director
- Gayatri Prakash Raibagi - Director
Raibagi Steels reported a net loss of ₹26.76 Lakh (net margin -20%) and EBITDA of -₹1.7 Lakh (EBITDA margin -1.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Raibagi Steels is -27% over three years and -22% over five years. In the latest year (FY 2021) revenue rose 63%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Raibagi Steels is 29AAECR1360H1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Raibagi Steels is U27101KA2008PTC047836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raibagi Steels has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Raibagi Steels was incorporated on 23 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Raibagi Steels by revenue are G R Ispat Private Limited, Lambodar Ispat Private Limited, NKG Steels (India) Private Limited, Saloni Business Park Private Limited, Parasmani Consultancy Services Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Vishnu Shrikantsa Raibagi ceased to be Director on 22 Jun 2011. Prakash Shrikantsa Raibagi ceased to be Director on 19 May 2011. Gayatri Prakash Raibagi was appointed as Director on 23 Sep 2008. Raibagi Steels has 4 board changes on record in total.