- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-30-0000470

About Rexon Strips Private Limited
Data last updated:
Rexon Strips Private Limited is a private limited company based in Rourkela, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27109OR1993PTC003344. Its GSTIN is 21AABCR4854P1Z3 (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.1 Cr. It is led by directors including Adarsh Kejriwal and Prahalad Kejriwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at At Kumkela Post – Lathikata, Rourkela, Odisha, India – 770037.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.34 Cr. For the same year it recorded a net profit of ₹4.72 Cr (net margin 3.5%) and EBITDA of ₹9.37 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 187 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rexon Strips Limited. As per MCA filings, the company has open charges of ₹28.27 Cr and satisfied charges of ₹56.09 Cr on record. Court records list 64 cases involving the company, including 49 filed by the company and 15 filed against it; 21 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.02 Cr; the latest was in March 2017. Its 10 peer companies in the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 5 smaller; the largest is Paul Strips and Tubes Private Limited with revenue of ₹135.65 Cr.
Rexon Strips Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0000470). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rexon.in.
Company details
CIN history
Rexon Strips has one previous CIN (Corporate Identification Number): U27109OR1993PLC003344. The current CIN is U27109OR1993PTC003344, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109OR1993PTC003344 | Current |
| U27109OR1993PLC003344 | Previous |
Recognitions & Rankings of Rexon Strips
Contact details
Rexon Strips Private Limited's registered office is in Rourkela, Odisha.
- Social Media
- Registered AddressAt Kumkela Post – Lathikata, Rourkela, Odisha, India – 770037
- 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
Brands
Rexon Strips operates one associated brand: Rexon Strips Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sponge iron, iron ore processing, and related metal production in Odisha. | rexon.in |
Business activity
The main business activity of Rexon Strips is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Rexon Strips Private Limited, buy the company report.
Financials of Rexon Strips Private Limited
FY 2024 filings availableRexon Strips Private Limited reported revenue of ₹135.34 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA rose 1% 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 |
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| EBITDA | ₹9.37 Cr | ||||
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| Net Profit (PAT) | ₹4.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Rexon Strips Private Limited, buy the company report.
Board of directors of Rexon Strips Private Limited
Rexon Strips has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Kejriwal Also directs: Champeswari Logistics Private Limited | Director | 20 Jul 2022 | 4 Years 3 Months | Current |
| Prahalad Kejriwal | Director | 27 May 1996 | 30 Years 4 Months | Current |
| Chandra Kumar Kejriwal | Director | 27 May 1996 | 30 Years 4 Months | Current |
Peer comparison
Rexon Strips Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paul Strips and Tubes Private Limited | ₹135.65 Cr (FY 2024) | 48.0% | Kanpur, Uttar Pradesh, India | |||
| Orson Holdings Co Ltd | ₹135.62 Cr (FY 2025) | 13.0% | Howrah, West Bengal, India | |||
| Elcon Green Recycling Private Limited | ₹135.48 Cr (FY 2025) | 700.0% | Delhi, India | |||
| Netrack Enclosures Private Limited | ₹135.43 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| MTL Pipes India Limited | ₹135.36 Cr (FY 2025) | 213.0% | Dhar, Madhya Pradesh, India | |||
| Rexon Strips Private Limitedthis company | ₹135.34 Cr (FY 2025) | ₹4.72 Cr | 3.5% | Rourkela, Odisha, India | ||
| TN India Private Limited | ₹135.13 Cr (FY 2025) | 3.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Ceedee Metalloys Private Limited. | ₹135.07 Cr (FY 2025) | -9.0% | Bangalore, Karnataka, India | |||
| Ratnesh Ispat Services Private Limited | ₹134.73 Cr (FY 2025) | 45.0% | Mumbai, Maharashtra, India | |||
| Jayaam Galvanizers Private Limited | ₹134.69 Cr (FY 2025) | 15.0% | Ponneri, Tamil Nadu, India | |||
| Kansal Colour Roofings India Private Limited | ₹134.68 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Rexon Strips Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2024 | 100954229 | Hdfc Bank Limited | ₹45.14 Lakh | Open | |
| 15 Mar 2024 | 100889453 | State Bank of India | ₹27.7 Cr | Open | |
| 16 Aug 1995 | 90080812 | The Lakshmi General Finance Limited | ₹11.83 Lakh | Open | |
| 07 Feb 2022 | 100561359 | Uco Bank | ₹2.17 Cr | Satisfied | |
| 18 Mar 2021 | 100455169 | Uco Bank | ₹4.36 Cr | Satisfied |
To see the full charge records of Rexon Strips Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Rexon Strips Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.02 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ramesh Agarwal HUF, 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Feb 2015 | Rights issue | ₹45 Lakh | Investors: Ramesh Agarwal HUF, 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Rexon Industries Limited Seller: Rexon Strips Private Limited |
To see the full deal history of Rexon Strips 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
Rexon Strips Private Limited has 64 court cases on record: 49 filed by Rexon Strips, 15 filed against it. 21 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 7 | 9 |
| District courts | 28 | 8 | 12 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sundargarh, Odisha | Commercial suit | Filed by the company against M/S Laxmi G Resources Pvt Ltd | Pending |
| District court, Sundargarh, Odisha | Commercial suit | Filed by the company against M/S SMS Carbon and Minerals Pvt Ltd | Pending |
| District court, Sambalpur, Odisha | Court case (R.F.A.) | Filed by the company against M/S Mahanadi Coal Fields Ltd . | Pending |
| High Court, ORISSA | Arbitration matter | Filed against the company by K.K.Resources Pvt.Ltd. | Disposed |
| High Court of Orissa | Appeal | Filed against the company by M/S. Chhabra Coal Beneficiaries and Energy P Ltd., Sundargarh | Pending |
To see the full case history of Rexon Strips 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.
Credit ratings & regulatory alerts
Rexon Strips Private Limited was last rated by Care on 14 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Jun 2022 |
To see the full credit ratings and regulatory alerts of Rexon Strips Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rexon Strips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rexon Strips has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCR4854P1Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rexon Strips Private Limited, buy the company report.
Recent activity
Rexon Strips Private Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Adarsh Kejriwal was appointed as Director on 20 Jul 2022.
13 earlier events are in the company report.
Frequently asked questions
Rexon Strips is an active private limited company based in Rourkela, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 June 1993 (33+ years old) and is registered under CIN U27109OR1993PTC003344.
Rexon Strips has 3 current directors:
- Adarsh Kejriwal - Director
- Prahalad Kejriwal - Director
- Chandra Kumar Kejriwal - Director
The latest financial statements of Rexon Strips on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rexon Strips is 21AABCR4854P1Z3, registered in Odisha. 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 Rexon Strips is U27109OR1993PTC003344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rexon Strips has 64 court cases on record: 49 filed by the company and 15 filed against it. 21 are pending. Most are in the high courts.
Rexon Strips was incorporated on 08 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Cuttack.
Rexon Strips has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2.02 Cr; the latest was in March 2017.
The peers of Rexon Strips by revenue are Paul Strips and Tubes Private Limited, Orson Holdings Co Ltd, Elcon Green Recycling Private Limited, Netrack Enclosures Private Limited, MTL Pipes India Limited and 5 more, all in the same principal business activity (metal and metal products).
Adarsh Kejriwal was appointed as Director on 20 Jul 2022. Ramswaroop Kejriwal ceased to be Director on 31 Mar 2021. Vinay Kejriwal ceased to be Director on 21 Jan 2013. Rexon Strips has 5 board changes on record in total.
Yes, Rexon Strips is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-30-0000470).