New Rain Commodities Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.09 Cr
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 41.51 Cr
- Satisfied Charges ₹ 29.26 Cr
- Revenue Growth 22.94%
- Profit Growth 46.36%
- Ebitda 26.39%
- Net Worth 5.70%
- Total Assets 31.18%
About New Rain Commodities
New Rain Commodities Private Limited (NRCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1994 and has a history of 30 years and two months. Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- 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
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%.
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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 LimitedNikhil Lath, Suresh Lath and 1 more are mutual person
- New Rain (Bangalore) Paper Agencies Private Limited
Nikhil Lath, Suresh Lath and 1 more are mutual person
- Andromeda Packaging Private Limited
Nikhil Lath and Suresh Lath are mutual person
- New Rain Projects Private Limited
Suresh Lath and Arun Lath are mutual person
- Nsunil Pulp And Paper Mills Private Limited
Vimla Lath is a mutual person
Charges (Loans)
₹41.51 Cr
₹29.26 Cr
Charges Breakdown by Lending Institutions
- Others : 37.26 Cr
- Bank Of India : 4.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2024 | Others | ₹37.26 Cr | Open |
| 07 Jul 2003 | Bank Of India | ₹4.25 Cr | Open |
| 02 May 2008 | Bank Of India | ₹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
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