Rachana Construction Company (Nagpur) Private Limited

Develops residential and commercial buildings in Nagpur, Maharashtra.

2001 | Nagpur, Maharashtra (India) | Active
Last Updated: October 24, 2024

Rachana Construction Company (Nagpur) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.50 Cr
  • Satisfied Charges ₹ 83.00 Cr
  • Revenue Growth -36.79%
  • Profit Growth 6.20%
  • Ebitda -17.20%
  • Net Worth 5.66%
  • Total Assets -1.61%

About Rachana Construction Company (Nagpur)

Rachana Construction Company (Nagpur) Private Limited (RCCNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2001 and has a history of 23 years and nine months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Real Estate And Construction 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹37.50 Cr. The company has closed loans amounting to ₹83.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nilima Diote, Shishir Diote, and Raunak Diote serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45201MH2001PTC131790

  • Company No.

    131790

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Rachana Construction Company (Nagpur)?

Executive Team (1)

NameDesignationAppointment DateStatus
Shishir Diote Country flag representing In Managing Director30-Apr-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Nilima Diote Country flag representing In Whole-Time Director 30-Apr-2001Current
Raunak Diote Country flag representing In Director 01-Apr-2011Current

Financial Performance of Rachana Construction Company (Nagpur).

Rachana Construction Company (Nagpur) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.79% decrease. The company also saw a slight improvement in profitability, with a 6.2% increase in profit. The company's net worth moved up by a moderate rise of 5.66%.

Graph illustrating revenue growth over time
Graph showing 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
-36.79%
Revenue from Operations
-40.53%
Total Assets
-1.61%
Profit or Loss
6.20%
Net Worth
5.66%
EBITDA
-17.20%

What is the Ownership and Shareholding Structure of Rachana Construction Company (Nagpur)?

In 2022, Rachana Construction Company (Nagpur) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹375.00 M

Satisfied Charges

₹830.00 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 37.50 Cr

Latest Charge Details

DateLenderAmountStatus
12 Aug 2024Indian Overseas Bank₹37.50 CrOpen
20 Mar 2019Others₹14.50 CrSatisfied
17 May 2018Hdfc Bank Limited₹17.00 CrSatisfied
13 Mar 2018Hdfc Bank Limited₹17.00 CrSatisfied
30 Jul 2011Housing Development Finance Corporation Limited₹15.00 CrSatisfied

How Many Employees Work at Rachana Construction Company (Nagpur)?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rachana Construction Company (Nagpur), 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 Rachana Construction Company (Nagpur)'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 Rachana Construction Company (Nagpur)

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 375.00 M with Charge ID 100971558 was registered on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge registered on 20 Mar 2019 via Charge ID 100252155 with Others was fully satisfied on 11 Jul 2024.

    11 Jul 2024

  • Annual General Meeting

    Rachana Construction Company (Nagpur) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rachana Construction Company (Nagpur) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 145.00 M with Charge ID 100252155 was registered on 20 Mar 2019.

    20 Mar 2019

  • Charges

    A charge registered on 17 May 2018 via Charge ID 100224170 with Hdfc Bank Limited was fully satisfied on 08 Mar 2019.

    08 Mar 2019

Frequently asked questions

  • Rachana Construction Company (Nagpur) Private Limited was incorporated on 30 Apr 2001.

  • The authorized share capital of Rachana Construction Company (Nagpur) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Rachana Construction Company (Nagpur) Private Limited.

    • Nilima Shishir Diote
    • Shishir Shankarrao Diote
    • Raunak Shishir Diote
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rachana Construction Company (Nagpur) Private Limited is B Wing 4H Floor Rachana Lotus Apartment Whc Road, Gorepeth India, Nagpur, Maharashtra, 440010.

  • The corporate identification number (CIN) of Rachana Construction Company (Nagpur) Private Limited is U45201MH2001PTC131790 and the company number is 131790 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rachana Construction Company (Nagpur) Private Limited is https://www.rachanaconstructions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rachana Construction Company (Nagpur) Private Limited has fallen by -36.79%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rachana Construction Company (Nagpur) Private Limited has experienced an upsurge of 5.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rachana Construction Company (Nagpur) Private Limited amount to ₹ 37.50 Cr.

  • The most recent Balance Sheet for Rachana Construction Company (Nagpur) Private Limited was filed with the ROC on 31 Mar 2023.

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