About R S I Private Limited
Data last updated:
R S I Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 January 1958.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1958PTC023703. Its GSTIN is 19AABCR6400P1Z2 (West Bengal).
The company has an authorised share capital of ₹30.15 Cr and a paid-up capital of ₹18.81 Cr. It was formerly known as R S I Ltd. It is led by directors Goverdhan Das Bhaiya and Amitava Chakraborty.
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 138 Biplabi Rash Behari Basu Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.11 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹33.73 Lakh (net margin -8.2%) and EBITDA of -₹29.37 Lakh (EBITDA margin -7.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 23% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹31.15 Cr on record. Court records list 51 cases involving the company, including 35 filed by the company and 16 filed against it; 5 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
The last known website on record is rsi.co.in.
Company details
CIN history
R S I has one previous CIN (Corporate Identification Number): U51909WB1958PLC023703. The current CIN is U51909WB1958PTC023703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1958PTC023703 | Current |
| U51909WB1958PLC023703 | Previous |
Contact details
R S I Private Limited's registered office is in Kolkata, West Bengal. Its website is rsi.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address138 Biplabi Rash Behari Basu Road, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of R S I 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
Business activity
The main business activity of R S I is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of R S I Private Limited, buy the company report.
Financials of R S I Private Limited
FY 2024 filings availableR S I Private Limited reported revenue of ₹4.11 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 25% fall in the latest year. EBITDA fell 93% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹29.37 Lakh | ||||
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| Net Profit (PAT) | -₹33.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.1% | ||||
| Net Profit Margin | -8.2% | ||||
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To see the full financial statements and ratios of R S I Private Limited, buy the company report.
Board of directors of R S I Private Limited
R S I 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 |
|---|---|---|---|---|
| Amitava Chakraborty | Additional Director | 10 Aug 2017 | 9 Years 2 Months | As last reported |
| Goverdhan Das Bhaiya | Director | 26 Jun 1986 | 40 Years 3 Months | As last reported |
Auditor
R S I Private Limited is audited by S Ghose & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Ghose & Co LLP | FY 2023 | 302184E |
Shareholding
The shareholding of R S I 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 R S I Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2003 | 90246065 | Icici Bank Ltd | ₹7.44 Lakh | Satisfied | |
| 28 Mar 2001 | 90248114 | State Bank of India | ₹19.65 Cr | Satisfied | |
| 20 Apr 1992 | 90247717 | State Bank of India | ₹11.43 Cr | Satisfied |
To see the full charge records of R S I Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
R S I Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Goverdhan Das Bhaiya HUF, Narayan Das Bhaiya HUF, 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Silver Maple Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
R S I Private Limited has 51 court cases on record: 35 filed by R S I, 16 filed against it. 5 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 41 | 10 | 3 |
| District courts | 8 | 6 | 2 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CO) | Filed against the company by The Property Co. Pvt. Ltd. | Disposed |
| Calcutta High Court | Court case (FMA) | Filed by the company against Property Co. Pvt. Ltd. | Disposed |
| Calcutta High Court | Court case (COT) | Filed by the company against Property Co. P.Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by M/S the Property Co. Pvt, Ltd. | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Union of India & Ors | Pending |
To see the full case history of R S I 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 R S I Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
R S I Private Limited has a workforce of 48 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
R S I has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR6400P1Z2 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of R S I Private Limited, buy the company report.
Recent activity
R S I Private Limited has 8 board changes on record since 1986: 2 appointments and 6 cessations. The latest: Amitava Chakraborty was appointed as Additional Director on 10 Aug 2017.
7 earlier events are in the company report.
Frequently asked questions
R S I is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
R S I is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 January 1958 and is registered under CIN U51909WB1958PTC023703. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
R S I has 2 current directors:
- Amitava Chakraborty - Additional Director
- Goverdhan Das Bhaiya - Director
The latest financial statements of R S I 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 CIN (Corporate Identification Number) of R S I is U51909WB1958PTC023703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R S I has no open charges and satisfied charges of ₹31.15 Cr as per latest MCA filings.
R S I has 51 court cases on record: 35 filed by the company and 16 filed against it. 5 are pending. Most are in the high courts.
R S I was incorporated on 08 January 1958. It is registered with the Registrar of Companies, Kolkata.
R S I has 2 deals on record (2 secondary share transfers); the latest was in March 2023.
Amitava Chakraborty was appointed as Additional Director on 10 Aug 2017. Ranjit Kumar Mondal ceased to be Director Appointed In Casual Vacancy on 10 Aug 2017. Bhikhi Devi Bhaiya ceased to be Director Appointed In Casual Vacancy on 28 Apr 2013. R S I has 8 board changes on record in total.