Race Automotive Private Limited

Manufactures and sells various vehicles and provides servicing, based in Delhi since 2006.

2006 | New Delhi (India) | Active
Last Updated:

Race Automotive Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.78 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.20 Cr
  • Revenue Growth %
  • Profit Growth -24.50%
  • Ebitda -141.22%
  • Net Worth -3.25%
  • Total Assets -0.38%

About Race Automotive

Race Automotive Private Limited (RAPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 January 2006 and has a history of 19 years and three months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Race Automotives Private Limited. The Company is engaged in the Automotive 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 4.78 M.

The company currently has active open charges totaling ₹2.20 Cr.

Harish Bhatia, Vikas Bhatia, and Deepak Bhatia serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300DL2006PTC145577

  • Company No.

    145577

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Race Automotive Private Limited

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

Who are the key members and board of directors at Race Automotive?

Board Members (3)

NameDesignationAppointment DateStatus
Harish Bhatia Country flag representing In Director 30-Jan-2006Current
Vikas Bhatia Country flag representing In Whole-Time Director 30-Jan-2006Current
Deepak Bhatia Country flag representing In Director 30-Jan-2006Current

Financial Performance of Race Automotive.

Race Automotive Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 24.5% decrease in profit. The company's net worth dipped by a decrease of 3.25%.

Race Automotive revenue growth over time
Race Automotive 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
Revenue from Operations
Total Assets
-0.38%
Profit or Loss
-24.50%
Net Worth
-3.25%
EBITDA
-141.22%

What is the Ownership and Shareholding Structure of Race Automotive?

Unlock access to Race Automotive's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 2.20 Cr

Latest Charge Details

DateLenderAmountStatus
04 Feb 2008Allahabad Bank₹2.20 CrOpen

How Many Employees Work at Race Automotive?

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

Employee growth trends for Race Automotive Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Race Automotive, 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 Race Automotive'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 Race Automotive

Recent activity within the organization

  • Annual General Meeting

    Race Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Race Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Allahabad Bank amounted to Rs. 22.00 M with Charge ID 10087731 was registered on 04 Feb 2008.

  • Director Appointment

    Vikas Bhatia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Jan 2006 & has been associated with this company since 19 years 3 months .

  • Director Appointment

    Deepak Bhatia was appointed as a Director was appointed as a Director on 30 Jan 2006 & has been associated with this company since 19 years 3 months .

  • Director Appointment

    Harish Chander Bhatia was appointed as a Director was appointed as a Director on 30 Jan 2006 & has been associated with this company since 19 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Race Automotive Private Limited?

    Race Automotive Private Limited was incorporated on 30 Jan 2006.

  • What is authorized share capital and paid-up capital of Race Automotive Private Limited?

    The authorized share capital of Race Automotive Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.78 M.

  • Who are the current board members & directors of Race Automotive Private Limited?

    Currently 3 directors are associated with Race Automotive Private Limited.

    • Harish Chander Bhatia
    • Vikas Bhatia
    • Deepak Bhatia

  • What is the registered address of Race Automotive Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Race Automotive Private Limited is B-10 Basement Dhawandeep Bldg-06 Jantar Mantar, India, New Delhi, 110001.

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

    The corporate identification number (CIN) of Race Automotive Private Limited is U34300DL2006PTC145577 and the company number is 145577 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Race Automotive Private Limited?

    The Official website of Race Automotive Private Limited is https://www.pranjalprojects.net

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Race Automotive Private Limited has experienced an downturn of -3.25%.

  • What are the total open charges for Race Automotive Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Race Automotive Private Limited amount to ₹ 2.20 Cr.

  • When was the last Balance Sheet of Race Automotive Private Limited filed with the ROC?

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Parts & Components