Raajratna Ventures Limited

ISO-certified company in Gujarat manufacturing fasteners, tubes, and solar modules for global customers.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Raajratna Ventures Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 282.00 Cr
  • Satisfied Charges ₹ 81.32 Cr
  • Revenue Growth 21.10%
  • Profit Growth -15.40%
  • Ebitda -1.89%
  • Net Worth 24.08%
  • Total Assets 15.14%

About Raajratna Ventures

Raajratna Ventures Limited (RVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 June 2004 and has a history of 20 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Raajratna Ventures 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹282.00 Cr. The company has closed loans amounting to ₹81.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Raajratna Ventures Limited India are Ashit Shah as Cfo, Binal Dharmeshkumar as Company Secretary, and Binal Patel as Company Secretary. Arvindkumar Sanghvi, Babulal Sanghvi, Tarachand Sanghvi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    raajventures.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27209GJ2004PLC044288

  • Company No.

    044288

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Energy and Power

What products or services does Raajratna Ventures Limited offer?

Raajratna Ventures Limited offers a wide range of products and services, including Paper & Paper Made Products, Kraft Paper, Steel Pipes and Tubes, Stainless Steel Pipes, Printing Paper, Steel & Stainless Steel Products, Stainless Steel Products, Brackets, Holder & Hardware Fittings, Metal Angles, Gazebos, Awnings, Canopies & Sheds.

Who are the key members and board of directors at Raajratna Ventures?

Executive Team (4)

NameDesignationAppointment DateStatus
Naresh Sanghvi Country flag representing In Managing Director01-Apr-2005Current
Ashit Shah Country flag representing In CFO01-Jun-2014Current
Binal Dharmeshkumar Country flag representing In Company Secretary01-Jun-2022Current
Binal Patel Company Secretary01-Jun-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Aashish Sanghvi Country flag representing In Whole-Time Director 01-May-2010Current
Arvindkumar Sanghvi Country flag representing In Director 10-Jun-2004Current
Babulal Sanghvi Country flag representing In Director 10-Jun-2004Current
Tarachand Sanghvi Country flag representing In Director 17-Jan-2005Current
Jaykishan Sanghvi Country flag representing In Whole-Time Director 02-Mar-2015Current
Rujuta Shah Country flag representing In Additional Director 10-Jun-2024Current

Financial Performance of Raajratna Ventures.

Raajratna Ventures Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.1% increase. The company also saw a substantial fall in profitability, with a 15.4% decrease in profit. The company's net worth Soared by an impressive increase of 24.08%.

Raajratna Ventures revenue growth over time
Raajratna Ventures 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
21.10%
Revenue from Operations
22.22%
Total Assets
15.14%
Profit or Loss
-15.40%
Net Worth
24.08%
EBITDA
-1.89%

What is the Ownership and Shareholding Structure of Raajratna Ventures?

In 2022, Raajratna Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹282.00 Cr

Satisfied Charges

₹81.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 282.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Feb 2009Others₹141.00 CrOpen
26 Jul 2005Others₹141.00 CrOpen
30 Mar 2022Others₹2.13 MSatisfied
25 Mar 2022Others₹1.60 MSatisfied
26 Feb 2021Others₹5.89 CrSatisfied

How Many Employees Work at Raajratna Ventures?

Raajratna Ventures has a workforce of 505 employees as of Mar 22, 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.

Employee growth trends for Raajratna Ventures Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raajratna Ventures, 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 Raajratna Ventures'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 Raajratna Ventures

Recent activity within the organization

  • Director Appointment

    Rujuta Ashvinbhai Shah was appointed as a Additional Director was appointed as a Additional Director on 10 Jun 2024 & has been associated with this company since 8 months 24 days .

  • Annual General Meeting

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

  • Balance Sheet

    Raajratna Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100568028 with Others was fully satisfied on 09 Nov 2022.

  • Charges

    A charge registered on 25 Mar 2022 via Charge ID 100570176 with Others was fully satisfied on 09 Nov 2022.

  • Charges

    A charge registered on 04 Oct 2018 via Charge ID 100209225 with Others was fully satisfied on 02 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Raajratna Ventures Limited?

    Raajratna Ventures Limited was incorporated on 10 Jun 2004.

  • What is authorized share capital and paid-up capital of Raajratna Ventures Limited?

    The authorized share capital of Raajratna Ventures Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Who are the current board members & directors of Raajratna Ventures Limited?

    Currently 11 directors are associated with Raajratna Ventures Limited.

    • Arvindkumar Dalichand Sanghvi
    • Babulal Dalichand Sanghvi
    • Tarachand Dalichand Sanghvi
    • Naresh Babulal Sanghvi
    • Aashish Arvind Sanghvi
    • Jaykishan Arvindkumar Sanghvi
    • Rujuta Ashvinbhai Shah
    • Purvashi Dineshchandra Adhvaryu
    • Ashit Gautambhai Shah
    • Binal Patel Dharmeshkumar
    • Binal Dharmeshkumar Patel
  • What is the registered address of Raajratna Ventures Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raajratna Ventures Limited is 1402 14Th Floor Phoenix Nr Honest Restaurant Vijay Cross Road To Commerce Six Road, N Avrangpura India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Raajratna Ventures Limited?

    The corporate identification number (CIN) of Raajratna Ventures Limited is U27209GJ2004PLC044288 and the company number is 044288 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Raajratna Ventures Limited?

    The Official website of Raajratna Ventures Limited is https://www.raajventures.com

  • What has been the recent revenue trend for Raajratna Ventures Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Raajratna Ventures Limited has risen by 21.10%.

  • How many employees does Raajratna Ventures Limited currently have?

    As Per 2023 financial reports, 505 employees are currently employed by Raajratna Ventures Limited.

  • What change has been observed in the net worth of Raajratna Ventures Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Raajratna Ventures Limited has experienced an upsurge of 24.08%.

  • What are the total open charges for Raajratna Ventures Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Raajratna Ventures Limited amount to ₹ 282.00 Cr.

  • When was the last Balance Sheet of Raajratna Ventures Limited filed with the ROC?

    The most recent Balance Sheet for Raajratna Ventures Limited was filed with the ROC on 31 Mar 2023.

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