Raasi Enterprise Solutions Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 7.70 Cr
- Company Age 29 Year, 3 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 three 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
- Website
- 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  | Managing Director | 01-Feb-1999 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Paleswara Manthena | Whole-Time Director | 21-Aug-2000 | Current |
| Laxmivijaya Mantena | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Infolob Solutions India Private LimitedPaleswara Manthena is a mutual person
- Rev Insight Apps Llp
Ravindra Manthena and Paleswara Manthena are mutual person
- Oneable India Private Limited
Ravindra Manthena is a mutual person
- Cyarmorhub Private Limited
Paleswara Manthena is a mutual person
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.
Deals i
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
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.
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.
- Balance Sheet
Raasi Enterprise Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.
- 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 2 months .
- Charges
A charge with Syndicate Bank amounted to Rs. 1.44 Cr with Charge ID 90116298 was registered on 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.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Raasi Enterprise Solutions Limited?
Raasi Enterprise Solutions Limited was incorporated on 24 Nov 1995.
What is authorized share capital and paid-up capital of Raasi Enterprise Solutions Limited?
The authorized share capital of Raasi Enterprise Solutions Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.70 Cr.
Who are the current board members & directors of Raasi Enterprise Solutions Limited?
Currently 3 directors are associated with Raasi Enterprise Solutions Limited.
- Ravindra Varma Manthena
- Paleswara Raju Manthena
- Laxmivijaya Ramaraju Mantena
What is the registered address of Raasi Enterprise Solutions Limited?
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.
What is the corporate identification number (CIN) and company number of Raasi Enterprise Solutions Limited?
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).
What is the official website of Raasi Enterprise Solutions Limited?
The Official website of Raasi Enterprise Solutions Limited is https://www.raasisoft.com
What has been the recent revenue trend for Raasi Enterprise Solutions Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Raasi Enterprise Solutions Limited has risen by 13.61%.
What change has been observed in the net worth of Raasi Enterprise Solutions Limited, and by what percentage?
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%.
What are the total open charges for Raasi Enterprise Solutions Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Raasi Enterprise Solutions Limited amount to ₹ 9.34 Cr.
When was the last Balance Sheet of Raasi Enterprise Solutions Limited filed with the ROC?
The most recent Balance Sheet for Raasi Enterprise Solutions Limited was filed with the ROC on 31 Mar 2020.
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