Rashtriya Ispat Nigam Ltd - Company Profile

Q: Who are the current directors of Rashtriya Ispat Nigam Ltd?

The current directors of Rashtriya Ispat Nigam Ltd are Daya Nidhan Pandey, Ganesh Srvgk Chaluvadi, Ajit Kumar Saxena, Suresh Chandra Pandey, Ghantasala Venkata Nagambica Prasad, Salim Govindan Purushothaman, Jagadeeshwara Rao Mabagapu, Vinod Kumar Tripathi, Arun Bagchi, Sanjay Roy, Prateek Tanwar, Hemant Kumar Jha, Vinay Kumar.

It is a metals and minerals public limited union government company based in Andhra Pradesh, Andhra Pradesh, India, established in 1982.

1982 Andhra Pradesh, Andhra Pradesh, India Active

Last Updated: January 06, 2026

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About Rashtriya Ispat Nigam Ltd

Rashtriya Ispat Nigam Ltd, a active public limited union government company, was established on 18 February 1982 in Andhra Pradesh, Andhra Pradesh, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27109AP1982GOI003404. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹40,000.00 Cr and a paid-up capital of ₹14,393.85 Cr.

It upholds a compliant status. Employing 14,056 professional, Its leadership includes Daya Nidhan Pandey (Additional Director), Ganesh Srvgk Chaluvadi (Director), Ajit Kumar Saxena (Managing Director). Past directors included Pradosh Kumar Rath, Venu Gopal Rao Venkata Varanasi, Bharathi Sivaswami Sihag. It holds ₹25,779.85 Cr open charges and ₹5,780.48 Cr settled loans. Its latest AGM occurred on 27 December 2024, with the balance sheet filed on 31 March 2024. It is based at Administrative Buildingvisakhapatnam Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 530031.

Company Details

CIN/LLPIN
U27109AP1982GOI003404
Registration Number
003404
Incorporation Date
18 February 1982
Authorized Capital
₹40,000.00 Cr
Paid-Up Capital
₹14,393.85 Cr
ROC Code
Roc Vijayawada
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 40,000.00 Cr as on 06-01-2026
Paid Up Capital ₹ 14,393.85 Cr as on 06-01-2026
Company Age 43 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 25,779.85 Cr as on 06-01-2026
Satisfied Charges ₹ 5,780.48 Cr as on 06-01-2026

Comprehensive Company Insights

Explore comprehensive insights into Rashtriya Ispat Nigam 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 Rashtriya Ispat Nigam Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Daya Nidhan Pandey	Additional Director	11 Jun 2025	Current
Ganesh Srvgk Chaluvadi	Director	03 Apr 2024	Current
Ajit Kumar Saxena	Managing Director	29 Sep 2024	Current
Suresh Chandra Pandey	Director	11 May 2023	Current
Ghantasala Venkata Nagambica Prasad	Whole-Time Director	01 May 2024	Current
Salim Govindan Purushothaman	Whole-Time Director	09 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	01 Jun 2021	Past
Pramod Abcsdd	Cfo	06 Jul 2022	Past
Pramod Abcsdd	Director	-	Past
Pramod Abcsdd	Director	15 May 2015	Past
Pramod Abcsdd	Director	30 Sep 2013	Past
Pramod Abcsdd	Director	12 Sep 2019	Past

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Financial Performance of Rashtriya Ispat Nigam.

Rashtriya Ispat Nigam Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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Total Revenue

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What is the Ownership and Shareholding Structure of Rashtriya Ispat Nigam?

In 2023, Rashtriya Ispat Nigam had a promoter holding of 100.00%. The company had 3 Subsidiaries and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹257,798,500,000.00

Satisfied Charges

₹57,804,800,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 11700.00 Cr
Canara Bank : 5800.00 Cr
Others : 4875.00 Cr
Idbi Bank Limited : 2050.00 Cr
Vijaya Bank : 700.00 Cr
Others : 654.85 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Feb 2025	Indian Bank	₹400.00 Cr	Open
17 Jan 2025	Others	₹1,000.00 Cr	Open
14 Aug 2024	Others	₹1,865.00 Cr	Open
23 Dec 2019	Others	₹1,000.00 Cr	Open
23 Dec 2019	Others	₹500.00 Cr	Open

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How Many Employees Work at Rashtriya Ispat Nigam?

Rashtriya Ispat Nigam has a workforce of 14056 employees as of Mar 22, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Rashtriya Ispat Nigam, 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 Rashtriya Ispat Nigam's trajectory.

Rating

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Alerts

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 Rashtriya Ispat Nigam

Recent Activity within the Organization

Director Appointment

Progress on Vinay Kumar was appointed as a Whole-time director was appointed as a Whole-time director on 12 Dec 2025 & has been associated with this company since 2 months 8 days . was documented.
12 Dec 2025
Charges

The activity A charge registered on 20 Dec 2018 via Charge ID 100229784 with State Bank Of India was fully satisfied on 02 Jul 2025. was completed.
02 Jul 2025
Director Appointment

Progress on Daya Nidhan Pandey was appointed as a Additional Director was appointed as a Additional Director on 11 Jun 2025 & has been associated with this company since 8 months 8 days . was documented.
11 Jun 2025
Director Appointment

Vinod Kumar Tripathi was appointed as a Additional Director was appointed as a Additional Director on 11 Jun 2025 & has been associated with this company since 8 months 8 days . was recorded as a recent event.
11 Jun 2025
Director Appointment

Hemant Kumar Jha was appointed as a Cfo was appointed as a Cfo on 22 May 2025 & has been associated with this company since 8 months 28 days . was recorded as a recent event.
22 May 2025
Director Appointment

Progress on Prateek Tanwar was appointed as a Director was appointed as a Director on 16 May 2025 & has been associated with this company since 9 months 4 days . was documented.
16 May 2025

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