About Ran India Steels Private Limited
Data last updated:
Ran India Steels Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 May 1995.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93090TN1995PTC039896. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹2.61 Cr. It is led by directors including Ramasamy Nagarajan (Managing Director) and Nagarajan Tamilselvi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at First Floor New No.510 Old No.164 T.T.K.Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2022, the company reported a revenue of ₹188.12 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹72.94 Lakh (net margin 0.4%) and EBITDA of ₹10.21 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 188 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹132.16 Cr and satisfied charges of ₹59.27 Cr on record.
The last known website on record is ranindiasteels.com.
Company details
CIN history
Ran India Steels has one previous CIN (Corporate Identification Number): U93090TN1998PTC039896. The current CIN is U93090TN1995PTC039896, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93090TN1995PTC039896 | Current |
| U93090TN1998PTC039896 | Previous |
Contact details
Ran India Steels Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ranindiasteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor New No.510 Old No.164 T.T.K.Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ran India Steels Private 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 Ran India Steels Private Limited
FY 2022 filings availableRan India Steels Private Limited reported revenue of ₹188.12 Cr (up 12% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 12% growth in the latest year. EBITDA fell 13% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹188.12 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.94 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ran India Steels Private Limited, buy the company report.
Board of directors of Ran India Steels Private Limited
Ran India Steels has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasamy Nagarajan Also directs: Ran India Iron and Steel LLP, Shri Ramaperu Hospitality LLP | Managing Director | 25 May 1995 | 31 Years 5 Months | As last reported |
| Nagarajan Tamilselvi Also directs: Shri Ramaperu Hospitality LLP | Whole-Time Director | 19 Jan 2023 | 3 Years 9 Months | As last reported |
| Ganesan Balasubramanian | Whole-Time Director | 09 Sep 2023 | 3 Years 1 Months | As last reported |
| Prabhakaran Saravanaprasad | Whole-Time Director | 09 Sep 2023 | 3 Years 1 Months | As last reported |
Auditor
Ran India Steels Private Limited is audited by Vairavan & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vairavan & Co | FY 2022 | 015617S |
Shareholding
The shareholding of Ran India Steels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ran India Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2022 | 100565403 | Hdfc Bank Limited | ₹47.52 Lakh | Open | |
| 07 Feb 2022 | 100554093 | City Union Bank Limited | ₹3 Cr | Open | |
| 07 Feb 2022 | 100550946 | Others | ₹3.44 Cr | Open | |
| 08 Nov 2021 | 100512534 | Others | ₹6.75 Cr | Open | |
| 30 Sep 2021 | 100510461 | Others | ₹6 Cr | Open |
To see the full charge records of Ran India Steels Private Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
No court or tribunal cases involving Ran India Steels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Ran India Steels Private Limited was last rated by Care on 08 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Jul 2022 |
To see the full credit ratings and regulatory alerts of Ran India Steels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ran India Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ran India Steels has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Ran India Steels Private Limited has a workforce of 188 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Ran India Steels has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ran India Steels Private Limited, buy the company report.
Recent activity
Ran India Steels Private Limited has 9 board changes on record since 1995: 4 appointments and 5 cessations. The latest: Athurampalayam Kandasamy Natesan ceased to be Director on 09 Sep 2023.
65 earlier events are in the company report.
Frequently asked questions
Ran India Steels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ran India Steels is a company under insolvency, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 May 1995 and is registered under CIN U93090TN1995PTC039896. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ran India Steels has 4 current directors:
- Ramasamy Nagarajan - Managing Director
- Nagarajan Tamilselvi - Whole-Time Director
- Ganesan Balasubramanian - Whole-Time Director
- Prabhakaran Saravanaprasad - Whole-Time Director
The latest financial statements of Ran India Steels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ran India Steels is U93090TN1995PTC039896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ran India Steels has open charges of ₹132.16 Cr and satisfied charges of ₹59.27 Cr as per latest MCA filings.
Ran India Steels was incorporated on 25 May 1995. It is registered with the Registrar of Companies, Chennai.
Athurampalayam Kandasamy Natesan ceased to be Director on 09 Sep 2023. Ganesan Balasubramanian was appointed as Whole-Time Director on 09 Sep 2023. Prabhakaran Saravanaprasad was appointed as Whole-Time Director on 09 Sep 2023. Ran India Steels has 9 board changes on record in total.
Ran India Steels can be reached through the website ranindiasteels.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Ran India Steels is at First Floor New No.510 Old No.164 T.T.K.Road Alwarpet, Chennai, Tamil Nadu, India – 600018.