Raaja Magnetics Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 15.69 Cr
- Company Age 41 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.17 Cr
- Satisfied Charges ₹ 46.83 Cr
- Revenue Growth 15.63%
- Profit Growth -79.17%
- Ebitda -78.59%
- Net Worth 67.60%
- Total Assets -19.46%
About Raaja Magnetics
Raaja Magnetics Limited (RML) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 1983 and has a history of 41 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Raaja Magnetics Private Limited. The Company is engaged in the Machinery And Equipment 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 16.00 Cr and a paid-up capital of Rs 15.69 Cr.
The company currently has active open charges totaling ₹10.17 Cr. The company has closed loans amounting to ₹46.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Raaja Magnetics Limited India is Rajagopal Rajendran as CFO. Devarajjalunaidu Ramakrishnan, Devarajjalu Krishnan, Ranganathan Krishnakumari, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27103TZ1983PLC038959
- Company No.
005337
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Jun 1983
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Raaja Magnetics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajagopal Rajendran  | CFO | 01-Apr-2015 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Devarajjalunaidu Ramakrishnan | Whole-Time Director | 01-Apr-2006 | Current |
| Devarajjalu Krishnan | Whole-Time Director | 25-Aug-2016 | Current |
| Ranganathan Krishnakumari | Whole-Time Director | 19-Mar-2013 | Current |
| Deepa Velumani | Director | 20-Dec-2019 | Current |
Financial Performance of Raaja Magnetics.
Raaja Magnetics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.63% increase. The company also saw a substantial fall in profitability, with a 79.17% decrease in profit. The company's net worth Soared by an impressive increase of 67.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Raaja Magnetics?
In 2023, Raaja Magnetics 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.
Related Corporates (Common Directorship)
Shiva Texyarn LimitedDevarajjalu Krishnan is a mutual person
Raaja Technics LimitedDevarajjalunaidu Ramakrishnan, Devarajjalu Krishnan and 1 more are mutual person
- Gennex Engineerings (India) Private Limited
Deepa Velumani is a mutual person
Charges (Loans)
₹10.17 Cr
₹46.83 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 10.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2018 | Axis Bank Limited | ₹10.17 Cr | Open |
| 11 Oct 2018 | Dbs Bank Ltd | ₹15.00 Cr | Satisfied |
| 08 May 1992 | State Bank Of India | ₹31.83 Cr | Satisfied |
How Many Employees Work at Raaja Magnetics?
Raaja Magnetics has a workforce of 32 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Raaja Magnetics, 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 Raaja Magnetics'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.
