Rimjhim Ispat Profile
Key Indicators
- Authorised Capital ₹ 842.00 Cr
as on 30-09-2024
- Paid Up Capital ₹ 11.00 Cr
as on 30-09-2024
- Company Age 34 Year, 13 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,299.07 Cr
as on 30-09-2024
- Satisfied Charges ₹ 1,956.18 Cr
as on 30-09-2024
- Revenue -3.98%
(FY 2023)
- Profit -22.53%
(FY 2023)
- Ebitda -19.42%
(FY 2023)
- Net Worth 27.65%
(FY 2023)
- Total Assets 19.28%
(FY 2023)
About Rimjhim Ispat
The Corporate was formerly known as Vandana Castings Private Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 842.00 Cr and a paid-up capital of Rs 11.00 Cr.
The company currently has active open charges totaling ₹2,299.07 Cr. The company has closed loans amounting to ₹1,956.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rimjhim Ispat Limited India are Sanjeev Agarwal as CFO and Subrat Gupta as Company Secretary. Yogesh Agarwal, Sanjeev Agarwal, Rajiv Goel, and Two other members serve as directors at the Company.
- CIN/LLPIN
U27101UP1991PLC012679
- Company No.
012679
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Jan 1991
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Company Details
- Location
Kanpur Nagar, Uttar Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Rimjhim Ispat Limited offer?
Rimjhim Ispat Limited offers a wide range of products and services, including Metal and Alloy Wires, Stainless Steel Wire, Steel Bars, Bright Bar, Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Industrial Steel, Steel Wire, Steel Bars, Rods, Plates & Sheets, Stainless Steel Bars.
Who are the key members and board of directors at Rimjhim Ispat?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Agarwal  | Managing Director | 22-Jan-2009 | Current |
| Sanjeev Agarwal | CFO | 05-Jun-2015 | Current |
| Subrat Gupta | Company Secretary | 03-Jun-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjeev Agarwal | Whole-Time Director and Cfo | 01-Oct-1994 | Current |
| Rajiv Goel | Director | 15-Mar-2005 | Current |
| Maneesh Mittal | Director | 10-Dec-2014 | Current |
| Mani | Director | 10-Mar-2015 | Current |
Financial Performance of Rimjhim Ispat.
Rimjhim Ispat Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.98% decrease. The company also saw a substantial fall in profitability, with a 22.53% decrease in profit. The company's net worth Soared by an impressive increase of 27.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rimjhim Ispat?
In 2023, Rimjhim Ispat had a promoter holding of 25.61% and a public holding of 74.39%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Rimjhim Stainless LimitedActive 22 years 3 months
Yogesh Agarwal, Rajiv Goel and 1 more are mutual person
Rimjhim Metal Works LimitedActive 4 years 4 monthsYogesh Agarwal, Rajiv Goel and 1 more are mutual person
Charges (Loans)
₹2,299.07 Cr
₹1,956.18 Cr
Charges Breakdown by Lending Institutions
- Others : 1835.22 Cr
- Indian Bank : 325.64 Cr
- Axis Bank Limited : 125.00 Cr
- Yes Bank Limited : 10.41 Cr
- Hdfc Bank Limited : 2.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2024 | Others | ₹121.88 Cr | Open |
| 20 May 2024 | Indian Bank | ₹325.00 Cr | Open |
| 05 Apr 2024 | Axis Bank Limited | ₹60.00 Cr | Open |
| 11 Jan 2024 | Axis Bank Limited | ₹65.00 Cr | Open |
| 21 Nov 2023 | Yes Bank Limited | ₹7.07 M | Open |
How Many Employees Work at Rimjhim Ispat?
Rimjhim Ispat has a workforce of 1051 employees as of Sep 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rimjhim Ispat, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rimjhim Ispat's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
