About Rashmi Metaliks Limited
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Rashmi Metaliks Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2004PLC097737. Its GSTIN is 19AACCR7183E1Z6 (West Bengal). The company holds 19 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹1,100 Cr and a paid-up capital of ₹914.82 Cr. It was formerly known as Rashmi Metaliks Private Limited. It is led by directors including Manindra Kumar Jha (Whole-Time Director) and Abhijit Majumdar.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 39 Shakespeare Sarani 6th Floor, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2024, the company reported a revenue of ₹8,995.06 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹800.18 Cr (net margin 8.9%) and EBITDA of ₹1,279.11 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 22% over five years.
The company has about 4,518 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Rashmi Metaliks and Rashmi Group. As per MCA filings, the company has open charges of ₹2,185.64 Cr and satisfied charges of ₹1,657.21 Cr on record. Court records list 489 cases involving the company, including 375 filed by the company and 114 filed against it; 147 cases are pending. The company has 16 deals on record (9 secondary share transfers, 7 funding rounds), with disclosed funding of ₹1,412.64 Cr; the latest was in March 2020. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Jindal Stainless (Hisar) Limited with revenue of ₹15,130 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 78 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rashmigroup.com.
Company details
CIN history
Rashmi Metaliks has one previous CIN (Corporate Identification Number): U27109WB2004PTC097737. The current CIN is U27109WB2004PLC097737, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB2004PLC097737 | Current |
| U27109WB2004PTC097737 | Previous |
Contact details
Rashmi Metaliks Limited's registered office is in Kolkata, West Bengal. Its website is rashmigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address39 Shakespeare Sarani 6th Floor, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Materials Retail & Distribution
To see the full contact details of Rashmi Metaliks 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
Brands
Rashmi Metaliks operates two associated brands: Rashmi Metaliks and Rashmi Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of iron, steel, cement, power, and mining products in India. | rashmigroup.com | |
| Manufacturing of DI pipes and premium steel products by Rashmi Metaliks. | rashmimetaliks.com |
Business activity
The main business activity of Rashmi Metaliks is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Rashmi Metaliks Limited, buy the company report.
Financials of Rashmi Metaliks Limited
FY 2024 filings availableRashmi Metaliks Limited reported revenue of ₹8,995.06 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 19% growth in the latest year. EBITDA rose 173% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8,995.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,279.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹800.18 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 8.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Rashmi Metaliks Limited, buy the company report.
Board of directors of Rashmi Metaliks Limited
Rashmi Metaliks has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Majumdar | Director | 01 Jan 2025 | 1 Years 9 Months | Current |
| Salil Ray | Director | 05 Jan 2012 | 14 Years 9 Months | Current |
| Abhijit Chaudhuri | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
| Priya Gupta | Director | 01 Jan 2025 | 1 Years 9 Months | Current |
| Manindra Kumar Jha | Whole-Time Director | 01 Oct 2020 | 6 Years 0 Months | Current |
| Sunil Kumar Patwari | Additional Director | 15 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Rashmi Metaliks Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Stainless (Hisar) Limited | ₹15,130 Cr (FY 2022) | 59.0% | Hisar, Haryana, India | |||
| Rungta Mines Limited | ₹14,064 Cr (FY 2024) | 42.0% | Kolkata, West Bengal, India | |||
| Posco Maharashtra Steel Private Limited | ₹12,059 Cr (FY 2025) | 5.0% | Mangaon, Maharashtra, India | |||
| Shyam Sel and Power Limited | ₹9,219.22 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Rashmi Metaliks Limitedthis company | ₹8,995.06 Cr (FY 2024) | ₹800.18 Cr | 8.9% | 19.0% | 4,518 | Kolkata, West Bengal, India |
| Viraj Profiles Private Limited | ₹8,550.49 Cr (FY 2025) | -1.0% | Surat, Gujarat, India | |||
| Esl Steel Limited | ₹8,282.11 Cr (FY 2025) | -4.0% | Bokaro Steel, Jharkhand, India | |||
| Tata Steel Long Products Limited | ₹8,098.53 Cr (FY 2023) | 17.0% | Keonjhar, Odisha, India | |||
| Orissa Alloy Steel Private Limited | ₹7,641.81 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Tata Steel Downstream Products Limited | ₹7,495.97 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rashmi Metaliks Limited, buy the company report.
Auditor
Rashmi Metaliks Limited is audited by C N K & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & Associates LLP | FY 2024 | 101961W/W-100036 |
Shareholding
The shareholding of Rashmi Metaliks Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rashmi Metaliks Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2026 | 101267974 | Others | ₹85 Cr | Open | |
| 25 Nov 2025 | 101200579 | Others | ₹80 Cr | Open | |
| 31 Oct 2025 | 101189714 | Others | ₹45 Cr | Open | |
| 26 Jun 2025 | 101119843 | Others | ₹225 Cr | Open | |
| 30 May 2025 | 101101443 | Others | ₹60 Cr | Open |
To see the full charge records of Rashmi Metaliks Limited, buy the company report.
Total charge records: 43 View all charges
Deals & funding
Rashmi Metaliks Limited has 16 deals on record (9 secondary share transfers, 7 funding rounds), with disclosed funding of ₹1,412.64 Cr; the latest was in March 2020.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Eshwer Mercantile Private Limited , Dayalu Mercantile Private Limited Seller: Mundat Securities and Services Private Limited , Compact Advertising & Credit Pvt Ltd |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Kohinoor Barter Private Limited Seller: Cimmco Vinimay Pvt Ltd |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: Mangaldhara Commercial Private Limited , Spiderman Security Services Pvt Ltd , Crushcon Engineers Pvt Ltd Seller: Compact Advertising & Credit Pvt Ltd , Apna Agrotech Private Limited , Positive Traders Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Muskan Advisory LLP , Mundat Securities and Services Private Limited Seller: Mahalaxmi Marketing Pvt Ltd , Afsons (India) Pvt Ltd |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Sidhimangal Mercantile Private Limited Seller: Khusboo Complex Private Limited |
To see the full deal history of Rashmi Metaliks Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rashmi Metaliks Limited has 489 court cases on record: 375 filed by Rashmi Metaliks, 114 filed against it. 147 cases are pending and 342 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 294 | 47 | 42 |
| District courts | 159 | 50 | 98 |
| Supreme Court | 29 | 15 | 6 |
| NCLAT | 4 | 1 | 1 |
| NCLT | 3 | 1 | 0 |
Cases on record (5 of 489)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Court case (AC) | Filed against the company by M/S Dilip Buildcon Limited Through Its Authorised Signatory Aviral Soni | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Fourteckh Enviro India Pvt Ltd Through Janhavi Jitendra Kolte. | Pending |
| High Court of Rajasthan | Arbitration matter | Filed by the company against M/S Shree Hari Infra Projects Private Limited | Pending |
| Calcutta High Court | Court case (CS-COM) | Filed by the company against MSC Agency India Private Limited and Anr | Pending |
| Calcutta High Court | Court case (AP-COM) | Filed against the company by Sam Gas Projects Private Limited | Pending |
To see the full case history of Rashmi Metaliks Limited, buy the company report.
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.
MSME payment delays
Rashmi Metaliks Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 78 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ccic India Private Limited | |||
| R.K.Trading Co | |||
| Lubsa Multilub Systems Private Limited |
To see the full MSME payment records of Rashmi Metaliks Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Rashmi Metaliks has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rashmi Iron & Steel Private Limited | U14100WB2019PTC235300 |
To see the full group structure of Rashmi Metaliks Limited, buy the company report.
Employees & EPFO
Rashmi Metaliks Limited has a workforce of 4,518 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Rashmi Metaliks has 19 GST registrations: 10 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCR7183E1Z6 | West Bengal | Active | 01 Jul 2017 |
| 19AACCR7183E1DF | West Bengal | Active | 29 Oct 2024 |
| 19AACCR7183E2Z5 | West Bengal | Active | 01 Apr 2025 |
| 21AACCR7183E1ZL | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rashmi Metaliks Limited, buy the company report.
Recent activity
Rashmi Metaliks Limited has 21 board changes on record since 2010: 7 appointments and 14 cessations. The latest: Sunil Kumar Patwari was appointed as Additional Director on 15 Jul 2025.
97 earlier events are in the company report.
Frequently asked questions
Rashmi Metaliks is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 January 2004 (22+ years old) and is registered under CIN U27109WB2004PLC097737.
Rashmi Metaliks has 6 current directors:
- Manindra Kumar Jha - Whole-Time Director
- Abhijit Majumdar - Director
- Salil Ray - Director
- Abhijit Chaudhuri - Director
- Priya Gupta - Director
- Sunil Kumar Patwari - Additional Director
The latest financial statements of Rashmi Metaliks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rashmi Metaliks is 19AACCR7183E1Z6, registered in West Bengal. The company has 19 GST registrations in all, of which 10 are active and 9 are cancelled or inactive. Other active GSTINs include 19AACCR7183E1DF (West Bengal), 19AACCR7183E2Z5 (West Bengal), 21AACCR7183E1ZL (Odisha).
The CIN (Corporate Identification Number) of Rashmi Metaliks is U27109WB2004PLC097737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rashmi Metaliks has 489 court cases on record: 375 filed by the company and 114 filed against it. 147 are pending. Most are in the high courts.
Rashmi Metaliks was incorporated on 30 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Rashmi Metaliks has 16 deals on record (9 secondary share transfers, 7 funding rounds), with disclosed funding of ₹1,412.64 Cr; the latest was in March 2020.
The peers of Rashmi Metaliks by revenue are Jindal Stainless (Hisar) Limited, Rungta Mines Limited, Posco Maharashtra Steel Private Limited, Shyam Sel and Power Limited, Viraj Profiles Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sunil Kumar Patwari was appointed as Additional Director on 15 Jul 2025. Abhijit Majumdar ceased to be Additional Director on 28 Feb 2025. Priya Gupta ceased to be Additional Director on 28 Feb 2025. Rashmi Metaliks has 21 board changes on record in total.
Rashmi Metaliks has 13 MSME Form 1 returns on record between 2019 and 2024, listing 78 overdue payments to 38 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Rashmi Metaliks can be reached through the website rashmigroup.com. Its registered office is in Kolkata, West Bengal, India.