Race Innovations Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 25-07-2024
- Paid Up Capital ₹ 0.10 M
as on 25-07-2024
- Company Age 13 Year, 15 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.90 M
as on 25-07-2024
- Revenue -18.08%
(FY 2023)
- Profit -549.16%
(FY 2023)
- Ebitda -122.55%
(FY 2023)
- Net Worth -41.75%
(FY 2023)
- Total Assets -23.76%
(FY 2023)
About Race Innovations
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.
Chandrika Ravichandran, Mathew Susan, Rajesh Parasuram, and One other member serve as directors at the Company.
- 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
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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.
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 |
| Chandrika Ravichandran | Director | 10-Dec-2021 | Current |
| Mathew Susan | Additional Director | 01-Mar-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
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What is the Ownership and Shareholding Structure of Race Innovations?
In 2023, Race Innovations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 07 Jun 2012 | ₹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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