Raasi Yarns Private Limited
Founded in 2007 and headquartered in Tamil Nadu, India.
2007 | Salem, Tamil Nadu (India) | Active
Raasi Yarns Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.99 M
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.83 M
- Revenue Growth -59.52%
- Profit Growth 109.63%
- Ebitda 71.20%
- Net Worth 0.38%
- Total Assets -6.94%
About Raasi Yarns
Raasi Yarns Private Limited (RYPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 April 2007 and has a history of 18 years and one month. Its registered office is in Salem, Tamil Nadu, India.
The Corporate was formerly known as Rasi Yarns Private Limited. The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 2.99 M.
The company currently has active open charges totaling ₹4.83 M.
Saravanan Kandasamy, Kandasamy Mani, and Natarajan Priya serve as directors at the Company.
Company Details
- Location
Salem, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TZ2007PTC013607
- Company No.
013607
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Apr 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Raasi Yarns Private Limited
Explore comprehensive data for Raasi Yarns Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Raasi Yarns?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saravanan Kandasamy  | Managing Director | 05-Apr-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kandasamy Mani | Director | 05-Apr-2007 | Current |
| Natarajan Priya | Director | 05-Apr-2007 | Current |
Financial Performance of Raasi Yarns.
Raasi Yarns Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 59.52% decrease. The company also saw a substantial improvement in profitability, with a 109.63% increase in profit. The company's net worth moved up by a moderate rise of 0.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Raasi Yarns?
In 2021, Raasi Yarns had a promoter holding of 88.96% and a public holding of 11.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sri Ranganathar Textiles Private Limited
Saravanan Kandasamy and Natarajan Priya are mutual person
Charges (Loans)
Open Charges
₹4.83 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 0.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2009 | Tamilnad Mercantile Bank Limited | ₹4.83 M | Open |
How Many Employees Work at Raasi Yarns?
Unlock and access historical data on people associated with Raasi Yarns, 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 Yarns, 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 Yarns's trajectory.
Rating
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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 Yarns
Recent activity within the organization
- Annual General Meeting
Raasi Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Raasi Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 4.83 M registered on 28 Jan 2009 with Charge ID 10142989 was modified on 28 Feb 2015.
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.83 M with Charge ID 10142989 was registered on 28 Jan 2009.
- Director Appointment
Saravanan Kandasamy was appointed as a Managing Director was appointed as a Managing Director on 05 Apr 2007 & has been associated with this company since 18 years 1 month .
- Director Appointment
Kandasamy Mani was appointed as a Director was appointed as a Director on 05 Apr 2007 & has been associated with this company since 18 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Raasi Yarns Private Limited?
Raasi Yarns Private Limited was incorporated on 05 Apr 2007.
What is authorized share capital and paid-up capital of Raasi Yarns Private Limited?
The authorized share capital of Raasi Yarns Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.99 M.
Who are the current board members & directors of Raasi Yarns Private Limited?
Currently 3 directors are associated with Raasi Yarns Private Limited.
- Saravanan Kandasamy
- Kandasamy Mani
- Natarajan Priya
What is the registered address of Raasi Yarns Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Raasi Yarns Private Limited is Old No 50 New 94 Mariyamman Koil Street, Ponnamapet India, Salem, Tamil Nadu, 636001.
What is the corporate identification number (CIN) and company number of Raasi Yarns Private Limited?
The corporate identification number (CIN) of Raasi Yarns Private Limited is U17111TZ2007PTC013607 and the company number is 013607 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Raasi Yarns Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Raasi Yarns Private Limited has fallen by -59.52%.
What change has been observed in the net worth of Raasi Yarns Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Raasi Yarns Private Limited has experienced an upsurge of 0.38%.
What are the total open charges for Raasi Yarns Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Raasi Yarns Private Limited amount to ₹ 4.83 M.
When was the last Balance Sheet of Raasi Yarns Private Limited filed with the ROC?
The most recent Balance Sheet for Raasi Yarns Private Limited was filed with the ROC on 31 Mar 2024.
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