About
Basic Data Updated:
27 days agoRasi Electrodes Limited is known for its expertise in the manufacturing of arc welding electrodes and copper coated mild steel (CCMS) wires, which are widely used in the engineering and fabrication industries. The entire range of welding products and accessories required by various industries in the heavy engineering and capital goods sector is traded by the company. In addition, the company regularly imports CCMS Wire, rutile, MIG-MAG machine, flux core wire, and flux to meet the diverse needs of its customers. Under the brand name 'Rasi', REL supplies welding consumables to both public and private sector units, as well as original equipment manufacturers. The company also deals in a wide range of welding products, including welding machines and accessories. Other products offered by the company include Mig wires, Tig wires, grinding and cutting wheels, tungsten rods, power tools, and welding machines. With an ISO 9001:2015 certification, Rasi Electrodes Limited ensures the highest quality standards in all its products and services.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | L52599TN1994PLC026980 |
| Company No. | 026980 |
| Stock Symbol | BSE : 531233 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 08 Mar 1994 |
| Date of AGM | 29 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Chennai |
Products or Services related to Rasi Electrodes Limited
Rutile Sand
Cast Iron Welding Rod
Welding Wires
Welding Electrodes
Financials of Rasi Electrodes Limited
Rasi Electrodes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.89% increase. The company also saw a substantial improvement in profitability, with a 46.86% increase in profit. The company's net worth Soared by an impressive increase of 11.31%.
Corporate Structure
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People in Rasi Electrodes Limited
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Executive Team (3)
PK
Popat Kothari
Managing DirectorAppointment Date: 08-Mar-1994
Status: Current
KK
Kashyap Kothari CFOAppointment Date: 12-Aug-2015
Status: Current
JJ
Jagruti Jain Company SecretaryAppointment Date: 02-May-2015
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Citi Bank N.A. Creation Date: 28 Aug 2020 | ₹7.50 Cr | Open |
Others Creation Date: 29 Nov 1995 | ₹3.00 Cr | Open |
Dena Bank Creation Date: 30 Jun 2011 | ₹7.50 M | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
28 years 11 months 
Recent activity within the organization
Director Appointment
Suresh Kumar Mehta was appointed as a Director was appointed as a Director on 29 Dec 2023 & has been associated with this company since 4 months 21 days .
29 Dec 2023Director Appointment
Kavita Patel was appointed as a Director was appointed as a Director on 29 Dec 2023 & has been associated with this company since 4 months 21 days .
29 Dec 2023Annual General Meeting
Rasi Electrodes Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Balance Sheet
Rasi Electrodes Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Charges
A charge with Citi Bank N.A. amounted to Rs. 7.50 cr with Charge ID 100364667 was registered on 28 Aug 2020.
28 Aug 2020
Frequently asked questions
What is the Incorporation or founding date of Rasi Electrodes Limited?
