New Rain Commodities Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 15-11-2024
- Paid Up Capital ₹ 1.09 Cr
as on 15-11-2024
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 41.51 Cr
as on 15-11-2024
- Satisfied Charges ₹ 29.26 Cr
as on 15-11-2024
- Revenue 22.94%
(FY 2023)
- Profit 46.36%
(FY 2023)
- Ebitda 26.39%
(FY 2023)
- Net Worth 5.70%
(FY 2023)
- Total Assets 31.18%
(FY 2023)
About New Rain Commodities
The Corporate was formerly known as Gyandeep Commodities Pvt. Ltd.. The Company is engaged in the Trading 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 1.50 Cr and a paid-up capital of Rs 1.09 Cr.
The company currently has active open charges totaling ₹41.51 Cr. The company has closed loans amounting to ₹29.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nikhil Lath, Suresh Lath, Arun Lath, and One other member serve as directors at the Company.
- CIN/LLPIN
U51909KA1994PTC110966
- Company No.
110966
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1994
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at New Rain Commodities?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nikhil Lath  | Director | 11-Jun-2002 | Current |
| Suresh Lath | Director | 17-Nov-2008 | Current |
| Arun Lath | Director | 17-Mar-2008 | Current |
| Vimla Lath | Director | 14-Jan-2008 | Current |
Financial Performance of New Rain Commodities.
New Rain Commodities Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.94% increase. The company also saw a substantial improvement in profitability, with a 46.36% increase in profit. The company's net worth moved up by a moderate rise of 5.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of New Rain Commodities?
In 2023, New Rain Commodities had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
New Rain Papers Private LimitedActive 30 years 3 monthsNikhil Lath, Suresh Lath and 1 more are mutual person
- New Rain (Bangalore) Paper Agencies Private LimitedActive 30 years 3 months
Nikhil Lath, Suresh Lath and 1 more are mutual person
- Andromeda Packaging Private LimitedActive 30 years 4 months
Nikhil Lath and Suresh Lath are mutual person
- New Rain Projects Private LimitedActive 23 years 1 month
Suresh Lath and Arun Lath are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 13 Feb 2024 | ₹37.26 Cr | Open |
Bank Of India Creation Date: 07 Jul 2003 | ₹4.25 Cr | Open |
Bank Of India Creation Date: 02 May 2008 | ₹29.26 Cr | Satisfied |
How Many Employees Work at New Rain Commodities?
Unlock and access historical data on people associated with New Rain Commodities, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of New Rain Commodities, 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 New Rain Commodities'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.
