Ratanpur Steel Re-Rolling Mills Ltd
DDSE:RSRMSTEEL7.30
BDT
+0.40
(+5.80%)
ISIN
BD0235RSRM09
Return %
Stock
S&P 500
1Y
-2.67
14.20
3Y
-55.49
81.12
5Y
-71.15
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Maksudur Rahman
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Muradpur Bangladesh
- IPO Date
- May 22, 2014
- Website
- rsrmbd.com
- Similar Companies
- Business
- Ratanpur Steel Re-Rolling Mills Limited is a Bangladesh-based steel manufacturing company primarily engaged in the production and marketing of high-strength deformed reinforcing steel bars and structural steel products for the construction and infrastructure development sectors. Incorporated in 1986 and headquartered in Chattogram, Bangladesh, the company operates as a key manufacturing subsidiary of the Ratanpur Group. Ratanpur Steel Re-Rolling Mills manufactures and distributes its products across civil engineering, commercial, industrial, and residential construction markets throughout Bangladesh. The company's core product portfolio includes 500W Grade Thermo-Mechanically Treated (TMT) deformed reinforcing steel bars marketed under the RSRM 500W brand, available in standard diameters ranging from 8 mm to 32 mm; 400W Grade (Grade 60) deformed re-bars; mild steel (MS) billets; plain round steel bars; and custom-cut structural steel sections engineered to comply with BDS ISO 6935-2 and ASTM specifications. In recent operational developments, the company has faced prolonged suspensions of manufacturing activities at its Chattogram rolling facility amid severe working capital shortages, liquidity constraints, and utility disconnections. Concurrently, the company has been subject to debt-restructuring negotiations, loan default proceedings, and legal actions initiated by consortium lending institutions under the Money Loan Court (Artha Rin Adalat). Following sustained production interruptions and non-compliance with annual corporate filing and dividend requirements, the Dhaka Stock Exchange and Chittagong Stock Exchange reclassified the company's shares to the 'Z' trading category, while management continues to engage with financial institutions and regulatory bodies to pursue debt settlement, capital reorganization, and production resumption frameworks.