Rav's Steels Private Limited
About Rav's Steels Private Limited
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Rav's Steels Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27106KA2008PTC047625. Its GSTIN is 37AAECR0908H1ZH (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹5.68 Cr. It was formerly known as Rao'S Steels Private Limited. It is led by directors Naman Loonker and Mukesh Babulal Singhvi.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Seven Hills Plot # 9 Gopalaswamy Road Gandhinagar Market, Bellary, Karnataka, India – 583101.
As per the financials filed for FY 2023, the company reported a revenue of ₹199.31 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Cr (net margin 1.5%) and EBITDA of ₹11.74 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹44.99 Cr and satisfied charges of ₹115.65 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.83 Cr; the latest was in August 2018.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rav's Steels Private Limited's registered office is in Bellary, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSeven Hills Plot # 9 Gopalaswamy Road Gandhinagar Market, Bellary, Karnataka, India – 583101
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Rav's Steels Private 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
Financials of Rav's Steels Private Limited
FY 2024 filings availableRav's Steels Private Limited reported revenue of ₹199.31 Cr (up 102% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 102% growth in the latest year. EBITDA rose 17% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹199.31 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.05 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Rav's Steels Private Limited, buy the company report.
Board of directors of Rav's Steels Private Limited
Rav's Steels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naman Loonker Also directs: Shreesha Enterprises Private Limited | Director | 02 Aug 2018 | 8 Years 2 Months | Current |
| Mukesh Babulal Singhvi Also directs: Jasrupmal Exim LLP, Agrocel Friends Chemicals LLP, Nidhi Mining Private Limited and 5 more | Director | 09 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Rav's Steels Private Limited is audited by M/S. S Panna Raj & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S. S Panna Raj & Associates | FY 2023 | 0022509S |
Shareholding
The shareholding of Rav's Steels Private 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 Rav's Steels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2021 | 100493170 | Others | ₹44.99 Cr | Open | |
| 07 Jan 2021 | 100410029 | Tata Capital Financial Services Limited | ₹4.65 Cr | Satisfied | |
| 20 Jul 2019 | 100280953 | Tata Capital Financial Services Limited | ₹25 Cr | Satisfied | |
| 09 Jul 2019 | 100284970 | Tata Capital Financial Services Limited | ₹25 Cr | Satisfied | |
| 24 May 2019 | 100274026 | Yes Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Rav's Steels Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Rav's Steels Private Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.83 Cr; the latest was in August 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jun 2018 | Rights issue | ₹2.84 Cr | Investors: 4 individuals |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Apr 2018 | Funding round | ₹1.17 Cr | Investors: 4 individuals |
To see the full deal history of Rav's Steels Private 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
Rav's Steels Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by The Assistant Commissioner of Central Tax | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by The Assistant Commissioner of Central Tax | Disposed |
To see the full case history of Rav's Steels Private 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
No delayed payments to MSME suppliers are on our record for Rav's Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rav's Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECR0908H1ZH | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rav's Steels Private Limited, buy the company report.
Recent activity
Rav's Steels Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Babulal Amarchand Singhvi ceased to be Additional Director on 30 Sep 2019.
12 earlier events are in the company report.
Frequently asked questions
Rav's Steels is an active private limited company based in Bellary, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 August 2008 (18+ years old) and is registered under CIN U27106KA2008PTC047625.
Rav's Steels has 2 current directors:
- Naman Loonker - Director
- Mukesh Babulal Singhvi - Director
The latest financial statements of Rav's Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rav's Steels is 37AAECR0908H1ZH, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rav's Steels is U27106KA2008PTC047625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rav's Steels has 2 court cases on record: 2 filed against it. 1 is pending.
Rav's Steels was incorporated on 28 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Rav's Steels has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹2.83 Cr; the latest was in August 2018.
Babulal Amarchand Singhvi ceased to be Additional Director on 30 Sep 2019. Mukesh Babulal Singhvi ceased to be Additional Director on 30 Sep 2019. Yogesh Sanghavi ceased to be Director on 05 Feb 2019. Rav's Steels has 8 board changes on record in total.
The registered office of Rav's Steels is at Seven Hills Plot # 9 Gopalaswamy Road Gandhinagar Market, Bellary, Karnataka, India – 583101.