Raasi Enterprise Solutions Limited

Specializes in manufacturing and trading of semi-conductors and integrated circuits.

1995 | Hyderabad, Telangana (India) | Active
Last Updated: December 20, 2024

Raasi Enterprise Solutions Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.70 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 9.34 Cr
  • Revenue Growth 13.61%
  • Profit Growth 110.70%
  • Ebitda 45.48%
  • Net Worth 0.13%
  • Total Assets 0.18%

About Raasi Enterprise Solutions

Raasi Enterprise Solutions Limited (RESL) is a Public Limited Indian Non-Government Company incorporated in India on 24 November 1995 and has a history of 29 years and two months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 7.70 Cr.

The company currently has active open charges totaling ₹9.34 Cr.

Ravindra Manthena, Paleswara Manthena, and Laxmivijaya Mantena serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51390TG1995PLC022362

  • Company No.

    022362

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1995

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Engineering

Who are the key members and board of directors at Raasi Enterprise Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Ravindra Manthena Country flag representing In Managing Director 01-Feb-1999 Current

Board Members (2)

Name Designation Appointment Date Status
Paleswara Manthena Country flag representing In Whole-Time Director 21-Aug-2000 Current
Laxmivijaya Mantena Country flag representing In Director 31-Dec-2003 Current

Financial Performance of Raasi Enterprise Solutions.

Raasi Enterprise Solutions Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 13.61% increase. The company also saw a substantial improvement in profitability, with a 110.7% increase in profit. The company's net worth moved up by a moderate rise of 0.13%.

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
13.61%
Revenue from Operations
Total Assets
0.18%
Profit or Loss
110.70%
Net Worth
0.13%
EBITDA
45.48%

What is the Ownership and Shareholding Structure of Raasi Enterprise Solutions?

In 2019, Raasi Enterprise Solutions had a promoter holding of 94.55% and a public holding of 5.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.34 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 4.44 Cr
  • Bank Of Bahrain And Kuwait Bsc : 2.50 Cr
  • Uti Bank Limited : 2.40 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2003 Syndicate Bank ₹1.44 Cr Open
18 Feb 2002 Syndicate Bank ₹3.00 Cr Open
30 Nov 2001 Bank Of Bahrain And Kuwait Bsc ₹2.50 Cr Open
09 Nov 2001 Uti Bank Limited ₹2.40 Cr Open

How Many Employees Work at Raasi Enterprise Solutions?

Unlock and access historical data on people associated with Raasi Enterprise Solutions, 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 Raasi Enterprise Solutions, 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 Raasi Enterprise Solutions'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 Raasi Enterprise Solutions

Recent activity within the organization

  • Annual General Meeting

    Raasi Enterprise Solutions Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Raasi Enterprise Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

  • Director Appointment

    Laxmivijaya Ramaraju Mantena was appointed as a Director was appointed as a Director on 31 Dec 2003 & has been associated with this company since 21 years 1 month .

    31 Dec 2003

  • Charges

    A charge with Syndicate Bank amounted to Rs. 1.44 Cr with Charge ID 90116298 was registered on 02 Aug 2003.

    02 Aug 2003

  • Charges

    A charge with Bank Of Bahrain And Kuwait Bsc of Rs. 2.50 Cr registered on 30 Nov 2001 with Charge ID 90116141 was modified on 19 May 2003.

    19 May 2003

  • Charges

    A charge with Syndicate Bank of Rs. 3.00 Cr registered on 18 Feb 2002 with Charge ID 90116162 was modified on 18 Feb 2003.

    18 Feb 2003

Frequently asked questions

  • Raasi Enterprise Solutions Limited was incorporated on 24 Nov 1995.

  • The authorized share capital of Raasi Enterprise Solutions Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.70 Cr.

  • Currently 3 directors are associated with Raasi Enterprise Solutions Limited.

    • Ravindra Varma Manthena
    • Paleswara Raju Manthena
    • Laxmivijaya Ramaraju Mantena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raasi Enterprise Solutions Limited is E-63 1St Floor, 4Th Crescent Road Sainikpuri India, Secunderabad, Telangana, 500094.

  • The corporate identification number (CIN) of Raasi Enterprise Solutions Limited is U51390TG1995PLC022362 and the company number is 022362 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raasi Enterprise Solutions Limited is https://www.raasisoft.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Raasi Enterprise Solutions Limited has risen by 13.61%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Raasi Enterprise Solutions Limited has experienced an upsurge of 0.13%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Raasi Enterprise Solutions Limited amount to ₹ 9.34 Cr.

  • The most recent Balance Sheet for Raasi Enterprise Solutions Limited was filed with the ROC on 31 Mar 2020.

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