About Rakan Steels Limited
Data last updated:
Rakan Steels Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L27320UP1985PLC007582. Its GSTIN is 09AAACR6713J1Z8 (Uttar Pradesh). It is a listed company.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.24 Cr. It was formerly known as Karam Chand Hari Chand Steels Limited. It is led by directors including Kannan Agarwal (Managing Director) and Bindu 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 NH – 2 ( 1 Km From Bara Toll Plaza) Umran Rania Kanpur Dehat, Uttar Pradesh, India – 209311.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.49 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹11.08 Lakh (net margin 0.9%) and EBITDA of ₹80.63 Lakh (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 15% over five years.
The company is associated with 1 brand: Rakansteels. As per MCA filings, the company has open charges of ₹3.66 Cr and satisfied charges of ₹7.83 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rakansteels.co.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNH – 2 ( 1 Km From Bara Toll Plaza) Umran Rania Kanpur Dehat, Uttar Pradesh, India – 209311
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Rakan Steels Limited
The main business activity of Rakan Steels is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail 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 Rakan Steels Limited FY 2025 filings available
Rakan Steels Limited reported revenue of ₹12.49 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rakan Steels Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 27% fall in the latest year. EBITDA rose 7% 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 Rakan Steels Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹80.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.08 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 Rakan Steels Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Rakan 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 Rakan Steels Limited
Rakan Steels Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ishita Steel Traders Private Limited | ₹12.58 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Haridwar Iron & Ispat Rollings Limited | ₹12.54 Cr (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Janta Steel Private Limited | ₹12.51 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Bhiwandi, Maharashtra, India |
| N. Steels Private Limited | ₹12.51 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Mehsana, Gujarat, India |
| Abdul Wahid Steel & Iron (India) Private Limited | ₹12.49 Cr (FY 2021) | •••• | •••• | -31.0% | •••• | Delhi, India |
| Rakan Steels Limited this company | ₹12.49 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Kanpur, Uttar Pradesh, India |
| Jalandhar Engineering Private Limited | ₹12.49 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Punjab, India |
| Purion Solutions Private Limited | ₹12.49 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Chennai, Tamil Nadu, India |
| Dips Ferro Cast Private Limited | ₹12.46 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Kolhapur, Maharashtra, India |
| Vision Tradesolutions (India) Private Limited | ₹12.37 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Jaipur, Rajasthan, India |
| Sankalp Casting Private Limited | ₹12.36 Cr (FY 2025) | •••• | •••• | •••• | Khed, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Rakan Steels by revenue in the Metals and Minerals industry (Steel), 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 Rakan Steels Limited
Rakan Steels Limited is audited by VISHAL MAHESHWARI & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHAL MAHESHWARI & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rakan Steels Limited
Rakan Steels has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bindu Agarwal Also directs: Shribarsana Wire and Wire Mesh Private Limited | Director | 12 Oct 2022 | 3 Years 11 Months | Current |
| Kannan Agarwal | Managing Director | 04 Jan 2016 | 10 Years 9 Months | Current |
| Rishabh Agarwal | Director | 12 Oct 2022 | 3 Years 11 Months | Current |
| Manish Chandra Also directs: Seasons Textiles Limited | Director | 12 Oct 2022 | 3 Years 11 Months | Current |
| Shefali Raj Also directs: Rakan Health & Lives Private Limited, Aspee Springs Limited., Jakson Engineers Limited and 1 more | Director | 13 Nov 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Rakan Steels 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 Rakan Steels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2025 | Others | ₹28 Lakh | Open |
| 28 Jun 2017 | State Bank of India | ₹3.38 Cr | Open |
| 08 Sep 1995 | Upfc | ₹1.05 Cr | Satisfied |
| 07 Jun 1995 | Upfc | ₹50 Lakh | Satisfied |
| 24 Mar 1995 | Upfc | ₹50 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Rakan Steels Limited
Rakan Steels Limited has 4 court cases on record: 3 filed by Rakan Steels, 1 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Disposed |
| District court, Kanpur Dehat, Uttar Pradesh | Civil suit | Filed by the company against an individual | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against Appellate Authority | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against U.P.Financial Corporation Kanpur | Disposed |
Full case history
All 4 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.
Associated Brands with Rakan Steels Limited
Rakan Steels operates one associated brand: Rakansteels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and trades iron and steel items, focusing on quality and ethical practices. | rakansteels.co.in |
Employees and EPFO Compliance at Rakan Steels Limited
Employment history and EPFO contributions of people linked to Rakan 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.
CIN History of Rakan Steels Limited
Rakan Steels has one previous CIN (Corporate Identification Number): U27320UP1985PLC007582. The current CIN is L27320UP1985PLC007582, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27320UP1985PLC007582 | Current |
| U27320UP1985PLC007582 | Previous |
Recent Activity on Rakan Steels Limited
Rakan Steels Limited has 34 board changes on record since 1985: 20 appointments and 14 cessations. The latest: Shefali Raj was appointed as Director on 13 Nov 2024.
42 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rakan Steels 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 Rakan Steels 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 Rakan Steels 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 Rakan Steels Limited
Rakan Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACR6713J1Z8 | Uttar Pradesh | 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 Rakan Steels 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 Rakan Steels Limited
Rakan Steels is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 December 1985 (41+ years old) and is registered under CIN L27320UP1985PLC007582.
Rakan Steels reported revenue of ₹12.49 Cr for FY 2025 (down 27% YoY).
Rakan Steels has 5 current directors:
- Kannan Agarwal - Managing Director
- Bindu Agarwal - Director
- Rishabh Agarwal - Director
- Manish Chandra - Director
- Shefali Raj - Director
Rakan Steels reported a net profit of ₹11.08 Lakh (net margin 0.9%) and EBITDA of ₹80.63 Lakh (EBITDA margin 6.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rakan Steels is -28% over three years and -15% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rakan Steels is 09AAACR6713J1Z8, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Rakan Steels is L27320UP1985PLC007582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Rakan Steels is a listed company.
Rakan Steels has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Rakan Steels was incorporated on 16 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Rakan Steels by revenue are Ishita Steel Traders Private Limited, Haridwar Iron & Ispat Rollings Limited, Janta Steel Private Limited, N. Steels Private Limited, Abdul Wahid Steel & Iron (India) Private Limited and 5 more, all in the Metals and Minerals industry (Steel).