Raajratna Ventures Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 20 Year, 7 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 seven 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
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27209GJ2004PLC044288
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Company No.
044288
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 Jun 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naresh Sanghvi
|
Managing Director | 01-Apr-2005 | Current |
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Ashit Shah
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CFO | 01-Jun-2014 | Current |
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Binal Dharmeshkumar
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Company Secretary | 01-Jun-2022 | Current |
| Binal Patel | Company Secretary | 01-Jun-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Aashish Sanghvi
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Whole-Time Director | 01-May-2010 | Current |
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Arvindkumar Sanghvi
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Director | 10-Jun-2004 | Current |
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Babulal Sanghvi
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Director | 10-Jun-2004 | Current |
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Tarachand Sanghvi
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Director | 17-Jan-2005 | Current |
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Jaykishan Sanghvi
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Whole-Time Director | 02-Mar-2015 | Current |
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Rujuta Shah
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Additional Director | 10-Jun-2024 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Rainox Wiremesh Private LimitedArvindkumar Sanghvi is a mutual person
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Raajratna Wirerope Private LimitedJaykishan Sanghvi is a mutual person
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Raajratna Stainless Private LimitedArvindkumar Sanghvi is a mutual person
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Raajratna Electrodes Private LimitedTarachand Sanghvi is a mutual person
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Raajratna Metal Industries LtdArvindkumar Sanghvi, Babulal Sanghvi and 4 more are mutual person
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Raajratna Stockholding Private Limited
Babulal Sanghvi, Naresh Sanghvi and 1 more are mutual person
Charges (Loans)
₹282.00 Cr
₹81.32 Cr
Charges Breakdown by Lending Institutions
- Others : 282.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2009 | Others | ₹141.00 Cr | Open |
| 26 Jul 2005 | Others | ₹141.00 Cr | Open |
| 30 Mar 2022 | Others | ₹2.13 M | Satisfied |
| 25 Mar 2022 | Others | ₹1.60 M | Satisfied |
| 26 Feb 2021 | Others | ₹5.89 Cr | Satisfied |
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.
Deals i
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
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.
