Company Intelligence Profile
Raigarh Ispat and Power Private Limited
Raigarh Ispat and Power Private Limited makes sponge iron, pig iron, ferro alloys, billets and power in Raigarh, Chhattisgarh.
Last updated 15 October 2026
Raigarh Ispat and Power Private Limited makes sponge iron, pig iron, ferro alloys, billets and power. It is a private company based in Raigarh, Chhattisgarh, incorporated on 21 September 2004 by the Agrawal family. Its revenue for FY2022-23 was in the band over ₹500 Cr. CRISIL rated its bank facilities A-/Stable in April 2024.
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Company Identity
| Registered name | Raigarh Ispat and Power Private Limited |
|---|---|
| CIN | U27102CT2004PTC016965 |
| PAN | AACCR8540F |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 21 September 2004 |
| ROC | RoC Chhattisgarh |
| Sector (NIC) | Manufacturing |
| Registered address | Village Delari, Post Saraipali, Near Gerwani, District Raigarh, Chhattisgarh, India, 496001 |
| Authorized capital | ₹3.5 crore |
| Paid-up capital | ₹3.31 crore |
Source: MCA records via tofler.in
Business Overview
- Raigarh Ispat and Power makes sponge iron, pig iron, ferro alloys and power.
- It also sells iron ore-based products.
- Its plant at Village Gerwani, Raigarh has sponge iron kilns, a billet unit, a 12 MW captive power plant and a rolling mill.
- The company was incorporated in September 2004 by the Agrawal family of Raigarh, Chhattisgarh.
- It trades under the name RIPPL.
Source: raigarhispat.in
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Kamal Kishor Agrawal | 00907039 | Director | - |
| Dhruv Kumar Agrawal | 00805204 | Director | - |
Source: MCA records via tofler.in
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 22AACCR8540F1ZM | Chhattisgarh | AACCR8540F | Active |
| 23AACCR8540F1ZK | Madhya Pradesh | AACCR8540F | Active |
Source: tofler.in
Financials
- Revenue band over ₹500 Cr
Source: MCA records via tofler.in
Charges & Borrowings
| Punjab National Bank | ₹443.1 Cr (4 loans) |
|---|---|
| Canara Bank | ₹9.2 Cr (1 loan) |
| Axis Bank | ₹1.0 Cr (1 loan) |
| HDFC Bank | ₹0.7 Cr (2 loans) |
Source: MCA records via tofler.in
Credit Ratings
| CARE Ratings (07 Jan 2025) | long-term bank facilities ₹17.50 Cr rated CARE BB-; Stable |
|---|---|
| CARE Ratings (07 Jan 2025) | short-term bank facilities ₹1.00 Cr rated CARE A4 |
| Infomerics (12 Nov 2024) | ratings in Issuer Not Cooperating category |
| CRISIL Ratings (30 Apr 2024) | CRISIL A-/Stable long-term and CRISIL A2+ short-term on ₹91 Cr of bank facilities |
Source: tofler.in
Competitors
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