Raagini Sarees Private Limited

This company trades, imports, exports, and distributes sarees, hosiery goods, and other garments.

1994 | Kolkata, West Bengal (India) | Active
Last Updated: December 05, 2024

Raagini Sarees Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.35 M
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.34 Cr
  • Satisfied Charges ₹ 16.86 Cr
  • Revenue Growth -30.52%
  • Profit Growth 23.53%
  • Ebitda 31.81%
  • Net Worth 3.15%
  • Total Assets -34.28%

About Raagini Sarees

Raagini Sarees Private Limited (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 1994 and has a history of 30 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.35 M.

The company currently has active open charges totaling ₹9.34 Cr. The company has closed loans amounting to ₹16.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradip Jain, Kusum Jain, and Nitika Jain serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52322WB1994PTC062358

  • Company No.

    062358

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Fashion and Textile

Who are the key members and board of directors at Raagini Sarees?

Board Members (3)

NameDesignationAppointment DateStatus
Pradip Jain Country flag representing In Director 17-Mar-1994Current
Kusum Jain Country flag representing In Director 17-Mar-1994Current
Nitika Jain Country flag representing In Director 17-Apr-2010Current

Financial Performance of Raagini Sarees.

Raagini Sarees Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 30.52% decrease. The company also saw a substantial improvement in profitability, with a 23.53% increase in profit. The company's net worth moved up by a moderate rise of 3.15%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-30.52%
Revenue from Operations
-30.76%
Total Assets
-34.28%
Profit or Loss
23.53%
Net Worth
3.15%
EBITDA
31.81%

What is the Ownership and Shareholding Structure of Raagini Sarees?

In 2020, Raagini Sarees had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.34 Cr

Satisfied Charges

₹16.86 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 9.34 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2020Standard Chartered Bank₹1.54 CrOpen
15 Nov 2018Standard Chartered Bank₹7.80 CrOpen
05 Aug 2016Others₹8.36 CrSatisfied
30 Mar 2012Axis Bank Limited₹7.00 CrSatisfied
16 Aug 2007Indusind Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Raagini Sarees?

Unlock and access historical data on people associated with Raagini Sarees, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raagini Sarees, 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 Raagini Sarees's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Raagini Sarees

Recent activity within the organization

  • Annual General Meeting

    Raagini Sarees Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Raagini Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 1.54 Cr with Charge ID 100358797 was registered on 24 Jul 2020.

    24 Jul 2020

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 7.80 Cr with Charge ID 100218440 was registered on 15 Nov 2018.

    15 Nov 2018

  • Charges

    A charge registered on 05 Aug 2016 via Charge ID 100047554 with Others was fully satisfied on 12 Nov 2018.

    12 Nov 2018

  • Charges

    A charge with Others of Rs. 8.36 Cr registered on 05 Aug 2016 with Charge ID 100047554 was modified on 09 Dec 2017.

    09 Dec 2017

Frequently asked questions

  • Raagini Sarees Private Limited was incorporated on 17 Mar 1994.

  • The authorized share capital of Raagini Sarees Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.35 M.

  • Currently 3 directors are associated with Raagini Sarees Private Limited.

    • Pradip Kumar Jain
    • Kusum Jain
    • Nitika Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raagini Sarees Private Limited is 87A Park Street, India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Raagini Sarees Private Limited is U52322WB1994PTC062358 and the company number is 062358 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Raagini Sarees Private Limited has fallen by -30.52%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Raagini Sarees Private Limited has experienced an upsurge of 3.15%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Raagini Sarees Private Limited amount to ₹ 9.34 Cr.

  • The most recent Balance Sheet for Raagini Sarees Private Limited was filed with the ROC on 31 Mar 2024.