About Rayen Steels Private Limited
Data last updated:
Rayen 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 01 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02710KA2005PTC035720. Its GSTIN is 29AACCR9591A1Z5 (Karnataka).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors including Ashish Kumar Agarwal and Anand Kumar Agarwal.
Its last annual general meeting (AGM) was held on 18 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sy.No. 1115D 1115E Haraginadoni Road Veni Veerapur Cross, Bellary, Karnataka, India – 583104.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.87 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹23.92 Lakh (net margin 0.2%) and EBITDA of ₹4.86 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
The company has about 106 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31 Cr and satisfied charges of ₹14.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rayensteels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy.No. 1115D 1115E Haraginadoni Road Veni Veerapur Cross, Bellary, Karnataka, India – 583104
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Rayen Steels Private Limited
The main business activity of Rayen Steels is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Rayen Steels Private Limited
Rayen Steels Private Limited is audited by RAKESH S JAI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH S JAI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rayen Steels Private Limited
Rayen Steels has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kumar Agarwal Also directs: Texcon Steels Limited, Anand Shree Steels Private Limited, Bilasraika Sponge Iron India Private Limited and 5 more | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Anand Kumar Agarwal Also directs: Texcon Steels Limited, Anand Shree Steels Private Limited, Anand Ispat Udyog Limited. and 3 more | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Sharad Agarwal Also directs: Texcon Steels Limited, Anand Ispat Udyog Limited., Anand Metallics and Power Private Limited and 4 more | Additional Director | 01 Apr 2019 | 7 Years 6 Months | Current |
Financials of Rayen Steels Private Limited FY 2025 filings available
Rayen Steels Private Limited reported revenue of ₹125.87 Cr (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rayen Steels Private Limited
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 32% 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 of Rayen Steels Private Limited
| 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 | ₹4.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.92 Lakh | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rayen Steels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rayen Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Rayen Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rayen Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2020 | Hdfc Bank Limited | ₹31 Cr | Open |
| 15 Feb 2017 | Others | ₹2 Cr | Satisfied |
| 17 Jun 2010 | Andhra Bank | ₹90 Lakh | Satisfied |
| 01 Oct 2005 | Others | ₹12 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Rayen Steels Private Limited
Rayen Steels Private Limited has a workforce of 106 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Rayen Steels Private Limited
Rayen Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCR9591A1Z5 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Rayen Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rayen Steels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rayen Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rayen Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Rayen Steels Private Limited
Frequently Asked Questions about Rayen Steels Private Limited
Rayen 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 01 March 2005 (21+ years old) and is registered under CIN U02710KA2005PTC035720.
Rayen Steels reported revenue of ₹125.87 Cr for FY 2025 (down 41% YoY).
Rayen Steels has 3 current directors:
- Ashish Kumar Agarwal - Director
- Anand Kumar Agarwal - Director
- Sharad Agarwal - Additional Director
Rayen Steels reported a net profit of ₹23.92 Lakh (net margin 0.2%) and EBITDA of ₹4.86 Cr (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rayen Steels is -11% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rayen Steels is 29AACCR9591A1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Rayen Steels is U02710KA2005PTC035720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayen Steels was incorporated on 01 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Rayen Steels can be reached through the website rayensteels.com. Its registered office is in Bellary, Karnataka, India.