Race Innovations Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.90 M
- Revenue Growth -18.08%
- Profit Growth -549.16%
- Ebitda -121.69%
- Net Worth -41.75%
- Total Assets -23.76%
About Race Innovations
Race Innovations Private Limited (RIPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 2011 and has a history of 13 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹3.90 M.
Sriram Muralidharan, Rajesh Parasuram, Mathew Susan, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U73100TN2011PTC083486
- Company No.
083486
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Dec 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does Race Innovations Private Limited offer?
Race Innovations Private Limited offers a wide range of products and services, including Inverters, UPS and Converters, Power Supply Systems, LED Display Board & Light Boxes, LED Displays.
Race Innovations Private Limited
Explore comprehensive data for Race Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Race Innovations?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sriram Muralidharan  | Director | 08-Dec-2011 | Current |
| Rajesh Parasuram | Director | 08-Dec-2011 | Current |
| Mathew Susan | Additional Director | 01-Mar-2021 | Current |
| Chandrika Ravichandran | Director | 10-Dec-2021 | Current |
Financial Performance of Race Innovations.
Race Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.08% decrease. The company also saw a substantial fall in profitability, with a 549.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Race Innovations?
Unlock access to Race Innovations'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.
Related Corporates (Common Directorship)
Muralidharan Sriram And Partners LlpSriram Muralidharan is a mutual person
- Telma Induction Brakes Private Limited
Sriram Muralidharan is a mutual person
- Race Editoriale Llp
Rajesh Parasuram and Mathew Susan are mutual person
- Gts Trade Solutions Private Limited
Mathew Susan is a mutual person
Charges (Loans)
Open Charges
₹3.90 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Indian Bank : 0.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2012 | Indian Bank | ₹3.90 M | Open |
How Many Employees Work at Race Innovations?
Unlock and access historical data on people associated with Race Innovations, 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 Race Innovations, 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 Innovations's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Race Innovations
Recent activity within the organization
- Annual General Meeting
Race Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Race Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Chandrika Ravichandran was appointed as a Director was appointed as a Director on 10 Dec 2021 & has been associated with this company since 3 years 5 months .
- Director Appointment
Mathew Tinamary Susan was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2021 & has been associated with this company since 4 years 2 months .
- Charges
A charge with Indian Bank amounted to Rs. 3.90 M with Charge ID 10361872 was registered on 07 Jun 2012.
- Director Appointment
Sriram Muralidharan was appointed as a Director was appointed as a Director on 08 Dec 2011 & has been associated with this company since 13 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Race Innovations Private Limited?
Race Innovations Private Limited was incorporated on 08 Dec 2011.
What is authorized share capital and paid-up capital of Race Innovations Private Limited?
The authorized share capital of Race Innovations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Race Innovations Private Limited?
Currently 4 directors are associated with Race Innovations Private Limited.
- Sriram Muralidharan
- Rajesh Khanna Madurai Parasuram
- Mathew Tinamary Susan
- Chandrika Ravichandran
What is the registered address of Race Innovations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Race Innovations Private Limited is Off No :928 Regus Olympia Platina 9Th Floor Plot No.33-B South Phase, Guindy Industr Ial Estate India, Chennai, Tamil Nadu, 600032.
What is the corporate identification number (CIN) and company number of Race Innovations Private Limited?
The corporate identification number (CIN) of Race Innovations Private Limited is U73100TN2011PTC083486 and the company number is 083486 as per Ministry of Corporate Affairs (MCA).
What is the official website of Race Innovations Private Limited?
The Official website of Race Innovations Private Limited is https://www.raceinnovations.in
What has been the recent revenue trend for Race Innovations Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Race Innovations Private Limited has fallen by -18.08%.
What change has been observed in the net worth of Race Innovations Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Race Innovations Private Limited has experienced an downturn of -41.75%.
What are the total open charges for Race Innovations Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Race Innovations Private Limited amount to ₹ 3.90 M.
When was the last Balance Sheet of Race Innovations Private Limited filed with the ROC?
The most recent Balance Sheet for Race Innovations Private Limited was filed with the ROC on 31 Mar 2023.
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