MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0005113
Rassco Steels Limited
Rassco Steels Limited - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹176.03 Cr
▲ 8% YoY
Net profit · FY 2025
₹2.96 Cr
Net margin 1.7%
EBITDA · FY 2025
₹5.6 Cr
EBITDA margin 3.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.24 Cr
Issued & subscribed
Open charges
₹26.94 Cr
Satisfied ₹11.58 Lakh
Company age
36 yrs
Est. 1990
Directors on board
6
As per MCA filings
About Rassco Steels Limited
Data last updated:
Rassco Steels Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 05 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27104WB1990PLC048319. Its GSTIN is 19AABCR6022K1ZA (West Bengal).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.24 Cr. It was formerly known as Rassco Steels Private Limited. It is led by directors including Nikunj Gupta and Ashok Kumar Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Muktichambers Suitno.212/214 4 Cliverow, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.03 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.96 Cr (net margin 1.7%) and EBITDA of ₹5.6 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹26.94 Cr and satisfied charges of ₹11.58 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.7 Cr; the latest was in January 2016. Its 7 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 4 smaller; the largest is Fiddle Iron & Steel Private Limited with revenue of ₹177.71 Cr.
Rassco Steels Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0005113). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27104WB1990PLC048319
Registration Number 048319
Incorporation Date 05 February 1990
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0005113
CIN history
Rassco Steels has one previous CIN (Corporate Identification Number): U27104WB1990PTC048319. The current CIN is U27104WB1990PLC048319, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104WB1990PLC048319 | Current |
| U27104WB1990PTC048319 | Previous |
Recognitions & Rankings of Rassco Steels
Contact details
Rassco Steels Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMuktichambers Suitno.212/214 4 Cliverow, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Rassco Steels Limited, buy the company report.
Comprehensive company report
Rassco Steels Limited - one report that includes everything
- 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
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Business activity
The main business activity of Rassco Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rassco Steels Limited, buy the company report.
Financials of Rassco Steels Limited
FY 2025 filings availableRassco Steels Limited reported revenue of ₹176.03 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹176.03 Cr ▲ 8%
Net profit · FY 2025
₹2.96 Cr margin 1.7%
EBITDA · FY 2025
₹5.6 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 30%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 50%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 8% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.96 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Rassco Steels Limited, buy the company report.
Board of directors of Rassco Steels Limited
Rassco Steels has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Gupta Also directs: Rassco Ispat Private Limited | Director | 21 Dec 2019 | 6 Years 10 Months | Current |
| Ashok Kumar Gupta Also directs: Rassco Ispat Private Limited | Director | 18 Jul 1998 | 28 Years 3 Months | Current |
| Anjana Gupta | Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Aditya Gupta Also directs: Tool & Alloy Steels Association | Director | 01 Apr 2005 | 21 Years 7 Months | Current |
| Sankar Garg | Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Ashish Churiwala Also directs: Easiq Solution Miners LLP | Director | 05 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Rassco Steels Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fiddle Iron & Steel Private Limited | ₹177.71 Cr (FY 2018) | -86.0% | Kolkata, West Bengal, India | |||
| JVS Ispat Private Limited | ₹177.09 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Nemani Steels P Ltd | ₹176.7 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Rassco Steels Limitedthis company | ₹176.03 Cr (FY 2025) | ₹2.96 Cr | 1.7% | 8.0% | Kolkata, West Bengal, India | |
| Minaqua International Private Limited | ₹175.46 Cr (FY 2021) | -60.0% | Nagpur, Maharashtra, India | |||
| Gowra Petrochem Private Limited | ₹174.97 Cr (FY 2024) | 136.0% | Secunderabad, Telangana, India | |||
| Bhavasteel Metalalloys Private Limited | ₹173.94 Cr (FY 2018) | Bangalore, Karnataka, India | ||||
| Daido Kogyo India Private Limited | ₹173.47 Cr (FY 2025) | 21.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Rassco Steels Limited, buy the company report.
Auditor
Rassco Steels Limited is audited by V.D.GARG & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.D.GARG & Co. | FY 2023 | 311051E |
Shareholding
The shareholding of Rassco Steels Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rassco Steels Limited, buy the company report.
Charges & borrowings
Open charges
₹26.94 Cr
Satisfied charges
₹11.58 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2024 | 101006983 | Others | ₹14 Lakh | Open | |
| 20 Jun 2024 | 100947586 | Others | ₹17 Lakh | Open | |
| 12 Nov 2021 | 100506126 | Others | ₹1.23 Cr | Open | |
| 30 Oct 2021 | 100503605 | Others | ₹16 Lakh | Open | |
| 21 Feb 2020 | 100331319 | Others | ₹25 Lakh | Open |
To see the full charge records of Rassco Steels Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Rassco Steels Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.7 Cr; the latest was in January 2016.
Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹9.7 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sambhunath Agarwal HUF, Sitaram Agarwal & Sons HUF, Grewal Steel and Holdings P. Ltd. , an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Sitaram Agarwal & Sons HUF, 3 individuals Seller: Optec Realty Private Limited , Abhayankar Tracon Pvt.Ltd. , Divyprakash Suppliers Pvt Ltd , an individual |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Koel Overseas Private Limited , Paras Vincom Private Limited , Lombard Vinimay Private Limited. |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Paras Vincom Private Limited , Koel Overseas Private Limited , Simplex Deal Trade Private Limited Seller: Rainey Trading Pvt Ltd , Neena Commercial Pvt Ltd , Gulmohar Towers Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Lombard Vinimay Private Limited. , Omnamah Vinimay Private Limited , Kamdhenu Goods Private Limited. Seller: Longview Finvest Pvt Ltd , 3 individuals |
To see the full deal history of Rassco Steels 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
Rassco Steels Limited has 2 court cases on record: 2 filed by Rassco Steels. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Kashyap Yantrique Pvt Ltd | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State Ofw B & Ors | Disposed |
To see the full case history of Rassco Steels 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.
Credit ratings & regulatory alerts
Rassco Steels Limited was last rated by Crisil on 31 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 May 2021 |
To see the full credit ratings and regulatory alerts of Rassco Steels Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rassco Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rassco Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR6022K1ZA | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rassco Steels Limited, buy the company report.
Recent activity
Rassco Steels Limited has 12 board changes on record since 1998: 6 appointments and 6 cessations. The latest: Ashish Churiwala ceased to be Additional Director on 28 Sep 2023.
AGM
Rassco Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rassco Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Others of Rs. 24.99 Cr registered on 26 Aug 1991 with Charge ID 90253419 was modified on 17 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101006983 was registered on 19 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100947586 was registered on 20 Jun 2024.
Ceased
Ashish Churiwala ceased to be Additional Director.
Ceased
Sankar Garg ceased to be Additional Director.
Appointed
Anjana Gupta was appointed as Director.
Appointed
Ashish Churiwala was appointed as Director.
Appointed
Sankar Garg was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.23 Cr with Charge ID 100506126 was registered on 12 Nov 2021.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100503605 was registered on 30 Oct 2021.
12 earlier events are in the company report.
Frequently asked questions
Rassco Steels is an active public limited company based in Kolkata, West Bengal, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 05 February 1990 (36+ years old) and is registered under CIN U27104WB1990PLC048319.
Rassco Steels has 6 current directors:
- Nikunj Gupta - Director
- Ashok Kumar Gupta - Director
- Anjana Gupta - Director
- Aditya Gupta - Director
- Sankar Garg - Director
- Ashish Churiwala - Director
The latest financial statements of Rassco Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rassco Steels is 19AABCR6022K1ZA, registered in West Bengal.
The CIN (Corporate Identification Number) of Rassco Steels is U27104WB1990PLC048319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rassco Steels has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Rassco Steels was incorporated on 05 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
Rassco Steels has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.7 Cr; the latest was in January 2016.
The peers of Rassco Steels by revenue are Fiddle Iron & Steel Private Limited, JVS Ispat Private Limited, Nemani Steels P Ltd, Minaqua International Private Limited, Gowra Petrochem Private Limited and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Ashish Churiwala ceased to be Additional Director on 28 Sep 2023. Sankar Garg ceased to be Additional Director on 28 Sep 2023. Anjana Gupta was appointed as Director on 05 Sep 2023. Rassco Steels has 12 board changes on record in total.
Yes, Rassco Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0005113).
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