Raasi Growth Fund Ltd

NBFC providing financial services such as investment, leasing, and hire purchase for various industries.

1984 | Hyderabad, Telangana (India) | Active
Last Updated:

Raasi Growth Fund Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 9.69 M
  • Company Age 40 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 14.13%
  • Profit Growth -1.77%
  • Ebitda -16.05%
  • Net Worth 2.25%
  • Total Assets 2.54%

About Raasi Growth Fund

Raasi Growth Fund Ltd (RGFL) is a Public Limited Indian Non-Government Company incorporated in India on 30 May 1984 and has a history of 40 years and nine months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Raasi Industrial Growth Limited. The Company is engaged in the Financial Services 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 2.50 Cr and a paid-up capital of Rs 9.69 M, as per Ministry of Corporate Affairs (MCA) records.

Krishna Nandyala, Rama Nandyala, Venkata Nandyala, and One other member 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

    U65993TG1984PLC004752

  • Company No.

    004752

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 May 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Raasi Growth Fund?

Board Members (4)

NameDesignationAppointment DateStatus
Krishna Nandyala Country flag representing In Director 27-Feb-2004Current
Rama Nandyala Country flag representing In Director 02-Jan-2021Current
Venkata Nandyala Country flag representing In Director 19-Aug-1986Current
Rama Vegesna Country flag representing In Director 29-Mar-2018Current

Financial Performance of Raasi Growth Fund.

Raasi Growth Fund Ltd, for the financial year ended 2017, experienced significant growth in revenue, with a 14.13% increase. The company also saw a slight decrease in profitability, with a 1.77% decrease in profit. The company's net worth moved up by a moderate rise of 2.25%.

Raasi Growth Fund revenue growth over time
Raasi Growth Fund 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
14.13%
Revenue from Operations
1.42%
Total Assets
2.54%
Profit or Loss
-1.77%
Net Worth
2.25%
EBITDA
-16.05%

What is the Ownership and Shareholding Structure of Raasi Growth Fund?

In 2017, Raasi Growth Fund had a promoter holding of 58.85% and a public holding of 41.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Raasi Growth Fund?

Unlock and access historical data on people associated with Raasi Growth Fund, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Raasi Growth Fund Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raasi Growth Fund, 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 Growth Fund'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 Growth Fund

Recent activity within the organization

  • Annual General Meeting

    Raasi Growth Fund Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Raasi Growth Fund Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Rama Krishna Vara Prasad Nandyala was appointed as a Director was appointed as a Director on 02 Jan 2021 & has been associated with this company since 4 years 2 months .

  • Director Appointment

    Rama Raju Vegesna was appointed as a Director was appointed as a Director on 29 Mar 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Krishna Prasad Raju Nandyala was appointed as a Director was appointed as a Director on 27 Feb 2004 & has been associated with this company since 21 years 5 days .

  • Director Appointment

    Venkata Subba Raju Nandyala was appointed as a Director was appointed as a Director on 19 Aug 1986 & has been associated with this company since 38 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Raasi Growth Fund Ltd?

    Raasi Growth Fund Ltd was incorporated on 30 May 1984.

  • What is authorized share capital and paid-up capital of Raasi Growth Fund Ltd?

    The authorized share capital of Raasi Growth Fund Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 9.69 M.

  • Who are the current board members & directors of Raasi Growth Fund Ltd?

    Currently 4 directors are associated with Raasi Growth Fund Ltd.

    • Krishna Prasad Raju Nandyala
    • Rama Krishna Vara Prasad Nandyala
    • Venkata Subba Raju Nandyala
    • Rama Raju Vegesna

  • What is the registered address of Raasi Growth Fund Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raasi Growth Fund Ltd is Plot No.6 Gurukrupa Nivas 3Rd Floor Road No 2 Womens Co-Op Housing Society Ltd Banjar A Hills, India, Hyderabad, Telangana, 500034.

  • What is the corporate identification number (CIN) and company number of Raasi Growth Fund Ltd?

    The corporate identification number (CIN) of Raasi Growth Fund Ltd is U65993TG1984PLC004752 and the company number is 004752 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Raasi Growth Fund Ltd?

    According to the financial reports for the fiscal year 2017, the revenue trend for Raasi Growth Fund Ltd has risen by 14.13%.

  • What change has been observed in the net worth of Raasi Growth Fund Ltd, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Raasi Growth Fund Ltd has experienced an upsurge of 2.25%.

  • When was the last Balance Sheet of Raasi Growth Fund Ltd filed with the ROC?

    The most recent Balance Sheet for Raasi Growth Fund Ltd was filed with the ROC on 31 Mar 2024.

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