Raas Equipment Private Limited

Manufactures natural gas and bio-gas compressors and allied equipment, with ISO certifications.

2020 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Raas Equipment Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.25 Cr
  • Revenue Growth -14.99%
  • Profit Growth -66.72%
  • Ebitda -16.62%
  • Net Worth 14.87%
  • Total Assets 9.20%

About Raas Equipment

Raas Equipment Private Limited (REPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 15 June 2020 (Four years and 11 months 9 days old ). Its registered office is in Ahmedabad, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹17.25 Cr.

Neel Savla, Shanil Savla, and Sanket Joisar serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29308GJ2020PTC113972

  • Company No.

    113972

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2020

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Company report

Raas Equipment Private Limited

Explore comprehensive data for Raas Equipment Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Raas Equipment?

Board Members (3)

NameDesignationAppointment DateStatus
Neel Savla Country flag representing In Director 22-Jun-2021Current
Shanil Savla Country flag representing In Director 15-Jun-2020Current
Sanket Joisar Country flag representing In Director 20-May-2024Current

Financial Performance of Raas Equipment.

Raas Equipment Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.99% decrease. The company also saw a substantial fall in profitability, with a 66.72% decrease in profit. The company's net worth Soared by an impressive increase of 14.87%.

Raas Equipment revenue growth over time
Raas Equipment 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
-14.99%
Revenue from Operations
-15.24%
Total Assets
9.20%
Profit or Loss
-66.72%
Net Worth
14.87%
EBITDA
-16.62%

What is the Ownership and Shareholding Structure of Raas Equipment?

In 2023, Raas Equipment 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

₹17.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 17.25 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jun 2021Axis Bank Limited₹17.25 CrOpen

How Many Employees Work at Raas Equipment?

Raas Equipment has a workforce of 0 employees as of Apr 07, 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 Raas Equipment Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raas Equipment, 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 Raas Equipment'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 Raas Equipment

Recent activity within the organization

  • Annual General Meeting

    Raas Equipment Private Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Director Appointment

    Sanket Ramniklal Joisar was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 1 year 4 days .

  • Balance Sheet

    Raas Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Neel Mukeshbhai Savla was appointed as a Director was appointed as a Director on 22 Jun 2021 & has been associated with this company since 3 years 11 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 17.25 Cr with Charge ID 100451644 was registered on 01 Jun 2021.

  • Director Appointment

    Shanil Paras Savla was appointed as a Director was appointed as a Director on 15 Jun 2020 & has been associated with this company since 4 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Raas Equipment Private Limited?

    Raas Equipment Private Limited was incorporated on 15 Jun 2020.

  • What is authorized share capital and paid-up capital of Raas Equipment Private Limited?

    The authorized share capital of Raas Equipment Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Raas Equipment Private Limited?

    Currently 3 directors are associated with Raas Equipment Private Limited.

    • Neel Mukeshbhai Savla
    • Shanil Paras Savla
    • Sanket Ramniklal Joisar

  • What is the registered address of Raas Equipment Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raas Equipment Private Limited is 14 Ground Floor Abhishree Corporate Park Opp. Iskon Bopal Road Vill-Vejalpur India, Ahmedabad, Gujarat, 380058.

  • What is the corporate identification number (CIN) and company number of Raas Equipment Private Limited?

    The corporate identification number (CIN) of Raas Equipment Private Limited is U29308GJ2020PTC113972 and the company number is 113972 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Raas Equipment Private Limited?

    The Official website of Raas Equipment Private Limited is https://www.raasequipment.comhome.html

  • What has been the recent revenue trend for Raas Equipment Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Raas Equipment Private Limited has fallen by -14.99%.

  • What change has been observed in the net worth of Raas Equipment Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Raas Equipment Private Limited has experienced an upsurge of 14.87%.

  • What are the total open charges for Raas Equipment Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Raas Equipment Private Limited amount to ₹ 17.25 Cr.

  • When was the last Balance Sheet of Raas Equipment Private Limited filed with the ROC?

    The most recent Balance Sheet for Raas Equipment Private Limited was filed with the ROC on 31 Mar 2024.

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