About
Basic Data Updated:
13 days agoThe production of a wide range of steel products, including special steel such as plain wire rods, rebars, rounds, squares, structural, billets, blooms, and pig iron, is the main focus of Rashtriya Ispat Nigam Ltd. The company's re-bars are sold under the renowned brand 'Vizag TMT', while its structural products are marketed under the brand 'Vizag Ukku'. According to a credit rating report, RINL's manufacturing plant is situated in Visakhapatnam, Andhra Pradesh, with an impressive installed capacity of 3 million tons per annum (MTPA) of liquid steel. Recently, RINL has successfully completed its capex expansion, effectively doubling its production capacity from 3.3 MTPA to 6.3 MTPA of liquid steel. The company primarily caters to project users, industrial users, and retailers, serving a d... Read More
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U27109AP1982GOI003404 |
| Company No. | 003404 |
| Company Classification | Public Limited Union Government Company |
| Incorporation Date | 18 Feb 1982 |
| Date of AGM | 29 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Vijayawada |
Products or Services related to Rashtriya Ispat Nigam Ltd
Wire Rod Coils
Alloy Steel Rod
Industrial Ovens
Casting Machines
Financials of Rashtriya Ispat Nigam Ltd
Rashtriya Ispat Nigam Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 13.02% increase. The company also saw a substantial improvement in profitability, with a 79.82% increase in profit. The company's net worth observed a substantial decline by a decrease of 24.68%.
Enhance accessibility to Rashtriya Ispat Nigam's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Rashtriya Ispat Nigam's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Rashtriya Ispat Nigam Ltd
Unlock and access historical data on people associated with Rashtriya Ispat Nigam, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
JM
Jagadeeshwara Mabagapu
Company SecretaryAppointment Date: 26-May-2018
Status: Current
AB
Atul Bhatt Managing DirectorAppointment Date: 13-Sep-2021
Status: Current
SV
Santa Varanasi CFOAppointment Date: 09-May-2023
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Feb 2020 | ₹500.00 Cr | Open |
Others Creation Date: 23 Dec 2019 | ₹1,000.00 Cr | Open |
Others Creation Date: 23 Dec 2019 | ₹500.00 Cr | Open |
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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Alert
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Related Corporates (Common Directorship)
10 years 6 months 
Recent activity within the organization
Charges
A charge with Idbi Bank Limited of Rs. 2,050.00 cr registered on 20 Dec 2017 with Charge ID 100147540 was modified on 03 Oct 2023.
03 Oct 2023Annual General Meeting
Rashtriya Ispat Nigam Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Director Appointment
Suresh Chandra Pandey was appointed as a Director was appointed as a Director on 11 May 2023 & has been associated with this company since 11 months 24 days .
11 May 2023Balance Sheet
Rashtriya Ispat Nigam Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
31 Mar 2023Director Appointment
Arun Bagchi was appointed as a Director was appointed as a Director on 26 Dec 2022 & has been associated with this company since 1 year 4 months .
26 Dec 2022
Recent News, Updates & Announcement
Vizag Steel Plant forges deal with JSPL for Rs 900 crore working capital.Moneycontrol 21 Dec 2023
- Vizag Steel Plant forges deal with JSPL for Rs 900 cr working capital.
The CMD noted that the deal will raise sales turnover to around Rs 500 crore per month and also slash losses by about Rs 100 crore per month In view of this deal Bhatt appealed to the trade unions to enhance production and solicited the entire workforces support to ensure sustained growth and profitability.
Economic Times 21 Dec 2023
- Bisra Stone Lime to resume as SAIL RINL to provide trade advance.
Bisra Stone Lime Co a subsidiary of Rashtriya Ispat Nigam Ltd has been mining and marketing limestone and dolomite in Sundargarh district of Odisha since 1910 .
Economic Times 22 Jul 2019
- Russias Rostec supplies 37 mn equipment to SAIL Vizag plants.
Moneycontrol 18 Jan 2018
- KIOCL RINL sign pact for setting up pellet plant.
Business Line 06 Jan 2018
Frequently asked questions
What is the Incorporation or founding date of Rashtriya Ispat Nigam Ltd?
