Raaja Technics Limited

Manufacturer of stamping, rotors, and stators since 1983, based in Coimbatore, Tamil Nadu.

1983 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Raaja Technics Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 41 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.44 Cr
  • Revenue Growth 27.55%
  • Profit Growth 54.35%
  • Ebitda 57.33%
  • Net Worth -1.13%
  • Total Assets -0.22%

About Raaja Technics

Raaja Technics Limited (RTL) is a Public Limited Indian Non-Government Company incorporated in India on 29 September 1983 and has a history of 41 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 0.50 M and a paid-up capital of Rs 0.25 M.

The company currently has active open charges totaling ₹29.44 Cr.

Devarajjalu Krishnan, Ranganathan Krishnakumari, and Devarajjalunaidu Ramakrishnan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    raajamagnetics.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28939TZ1983PLC038960

  • Company No.

    005607

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

Who are the key members and board of directors at Raaja Technics?

Board Members (3)

NameDesignationAppointment DateStatus
Devarajjalu Krishnan Country flag representing In Whole-Time Director 15-Mar-2006Current
Ranganathan Krishnakumari Country flag representing In Director 01-Jun-2019Current
Devarajjalunaidu Ramakrishnan Country flag representing In Director 09-Jan-2019Current

Financial Performance of Raaja Technics.

Raaja Technics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.55% increase. The company also saw a substantial improvement in profitability, with a 54.35% increase in profit. The company's net worth dipped by a decrease of 1.13%.

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
27.55%
Revenue from Operations
Total Assets
-0.22%
Profit or Loss
54.35%
Net Worth
-1.13%
EBITDA
57.33%

What is the Ownership and Shareholding Structure of Raaja Technics?

In 2023, Raaja Technics had a promoter holding of 96.52% and a public holding of 3.48%. 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

₹294.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Axis Bank Limited : 14.44 Cr

Latest Charge Details

DateLenderAmountStatus
03 Sep 2020Axis Bank Limited₹14.44 CrOpen
03 Sep 2020Others₹15.00 CrOpen

How Many Employees Work at Raaja Technics?

Unlock and access historical data on people associated with Raaja Technics, 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 Raaja Technics, 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 Technics'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 Raaja Technics

Recent activity within the organization

  • Annual General Meeting

    Raaja Technics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Raaja Technics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 144.40 M registered on 03 Sep 2020 with Charge ID 100365205 was modified on 21 Jan 2021.

    21 Jan 2021

  • Charges

    A charge with Others amounted to Rs. 150.00 M with Charge ID 100378595 was registered on 03 Sep 2020.

    03 Sep 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 144.40 M with Charge ID 100365205 was registered on 03 Sep 2020.

    03 Sep 2020

  • Director Appointment

    Ranganathan Devarajjalunaidu Krishnakumari was appointed as a Director was appointed as a Director on 01 Jun 2019 & has been associated with this company since 5 years 8 months .

    01 Jun 2019

Frequently asked questions

  • Raaja Technics Limited was incorporated on 29 Sep 1983.

  • The authorized share capital of Raaja Technics Limited is ₹ 0.50 M and paid-up capital is ₹ 0.25 M.

  • Currently 3 directors are associated with Raaja Technics Limited.

    • Devarajjalu Naidu Sathish Krishnan
    • Ranganathan Devarajjalunaidu Krishnakumari
    • Devarajjalunaidu Ramakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raaja Technics Limited is Sf No. 139 D. No. 1/583-A Malumichampatti Post Opp. To Snmv College Malumichampatti, Coimbatore, Tamil Nadu, India, 641050.

  • The corporate identification number (CIN) of Raaja Technics Limited is U28939TZ1983PLC038960 and the company number is 005607 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raaja Technics Limited is https://www.raajamagnetics.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raaja Technics Limited has risen by 27.55%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raaja Technics Limited has experienced an downturn of -1.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raaja Technics Limited amount to ₹ 29.44 Cr.

  • The most recent Balance Sheet for Raaja Technics Limited was filed with the ROC on 31 Mar 2023.

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