Racer Valves Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 28 Year, 26 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.41 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 5.24%
- Profit Growth -60.54%
- Ebitda -40.14%
- Net Worth 6.22%
- Total Assets 8.04%
About Racer Valves
Racer Valves Private Limited (RVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1997 and has a history of 28 years. Its registered office is in Village Rakanpur, Gujarat.
The Company is engaged in the Machinery And Equipment 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 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹2.41 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sadhnaben Panchal and Sheetal Panchal serve as directors at the Company.
Company Details
- Location Village Rakanpur, Gujarat
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U29190GJ1997PTC031540
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Company No.
031540
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Jan 1997
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Racer Valves Private Limited offer?
Racer Valves Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Globe Valves, Ball Valves, Industrial Valves, Separators, Strainers & Purifiers, Strainers, Diaphragm Valves, Lined Valves, Check Valves.
Who are the key members and board of directors at Racer Valves?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sadhnaben Panchal
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Director | 20-Jan-1997 | Current |
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Sheetal Panchal
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Director | 15-Jan-2011 | Current |
Financial Performance of Racer Valves.
Racer Valves Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.24% increase. The company also saw a substantial fall in profitability, with a 60.54% decrease in profit. The company's net worth moved up by a moderate rise of 6.22%.
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What is the Ownership and Shareholding Structure of Racer Valves?
In 2023, Racer Valves had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹24.08 M
₹20.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2014 | Hdfc Bank Limited | ₹6.28 M | Open |
| 24 May 2014 | Hdfc Bank Limited | ₹2.80 M | Open |
| 30 May 2013 | Hdfc Bank Limited | ₹1.50 Cr | Open |
| 06 Sep 2010 | Bank Of Maharastra | ₹2.00 Cr | Satisfied |
How Many Employees Work at Racer Valves?
Racer Valves has a workforce of 26 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Racer Valves, 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 Racer Valves's trajectory.
Rating
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
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.
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