Rachana Construction Limited
Founded in 2021 and headquartered in Maharashtra, India.
2021 | Mumbai, Maharashtra (India) | Active
Rachana Construction Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 21.00 Cr
- Company Age 3 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 112.82 Cr
- Satisfied Charges ₹ 4.39 M
- Revenue Growth 72.86%
- Profit Growth 35.12%
- Ebitda 50.84%
- Net Worth 36.80%
- Total Assets 24.37%
About Rachana Construction
Rachana Construction Limited (RCL) is a Public Limited Indian Non-Government Company incorporated in India on 10 May 2021 (Three years and 11 months 22 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Infrastructure And Utilities 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 25.00 Cr and a paid-up capital of Rs 21.00 Cr.
The company currently has active open charges totaling ₹112.82 Cr. The company has closed loans amounting to ₹4.39 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rachana Construction Limited India are Supriya Mule as CFO and Vaibhav Salunke as Company Secretary. Ekanath Patil, Dattatray Mule, Usha Mule, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45209MH2021PLC360107
- Company No.
360107
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 May 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
Rachana Construction Limited
Explore comprehensive data for Rachana Construction Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rachana Construction?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sujit Mule  | Managing Director | 10-May-2021 | Current |
| Supriya Mule | CFO | 12-May-2021 | Current |
| Vaibhav Salunke | Company Secretary | 29-Mar-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ekanath Patil | Director | 11-Nov-2021 | Current |
| Dattatray Mule | Whole-Time Director | 10-May-2021 | Current |
| Usha Mule | Director | 13-Jul-2021 | Current |
| Govind Sonwane | Director | 10-May-2021 | Current |
| Dattatraya Sonavane | Director | 17-Jun-2021 | Current |
| Aniket Patil | Director | 18-Jul-2022 | Current |
Financial Performance of Rachana Construction.
Rachana Construction Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.86% increase. The company also saw a substantial improvement in profitability, with a 35.12% increase in profit. The company's net worth Soared by an impressive increase of 36.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rachana Construction?
In 2023, Rachana Construction had a promoter holding of 58.57% and a public holding of 41.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Maharashtra Patbandhare Vittiya Company Limited
Ekanath Patil is a mutual person
- Kp-Rachana Real Estate Llp
Dattatray Mule is a mutual person
- Rachana Agro Industries Limited
Dattatray Mule and Sujit Mule are mutual person
- Rachana Green Power Private Limited
Dattatray Mule and Usha Mule are mutual person
- Rachana International Private Limited
Dattatray Mule, Usha Mule and 1 more are mutual person
- Shanaya Flower Farm Llp
Usha Mule is a mutual person
Charges (Loans)
Open Charges
₹112.82 Cr
Satisfied Charges
₹0.44 Cr
Charges Breakdown by Lending Institutions
- Others : 51.93 Cr
- Yes Bank Limited : 50.98 Cr
- Hdfc Bank Limited : 9.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Others | ₹1.00 Cr | Open |
| 02 Jun 2023 | Hdfc Bank Limited | ₹3.13 Cr | Open |
| 21 Feb 2023 | Hdfc Bank Limited | ₹2.25 Cr | Open |
| 21 Feb 2023 | Hdfc Bank Limited | ₹4.53 Cr | Open |
| 13 Sep 2022 | Yes Bank Limited | ₹4.47 M | Open |
How Many Employees Work at Rachana Construction?
Rachana Construction has a workforce of 28 employees as of Apr 03, 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 Rachana Construction, 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'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.
Latest Updates, News, and FAQs on Rachana Construction
Recent activity within the organization
- Annual General Meeting
Rachana Construction Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 49.58 Cr registered on 14 Feb 2022 with Charge ID 100557878 was modified on 29 Aug 2024.
- Charges
A charge with Yes Bank Limited of Rs. 49.98 Cr registered on 29 Sep 2021 with Charge ID 100492398 was modified on 16 Aug 2024.
- Balance Sheet
Rachana Construction Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Vaibhav Nandkumar Salunke was appointed as a Company Secretary was appointed as a Company Secretary on 29 Mar 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100911625 was registered on 27 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Rachana Construction Limited?
Rachana Construction Limited was incorporated on 10 May 2021.
What is authorized share capital and paid-up capital of Rachana Construction Limited?
The authorized share capital of Rachana Construction Limited is ₹ 25.00 Cr and paid-up capital is ₹ 21.00 Cr.
Who are the current board members & directors of Rachana Construction Limited?
Currently 9 directors are associated with Rachana Construction Limited.
- Ekanath Bapu Patil
- Dattatray Baliram Mule
- Usha Dattatray Mule
- Sujit Dattatraya Mule
- Govind Vishwambhar Sonwane
- Dattatraya Dagdusaheb Sonavane
- Aniket Vasantrao Patil
- Supriya Sujit Mule
- Vaibhav Nandkumar Salunke
What is the registered address of Rachana Construction Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rachana Construction Limited is Office No. 43 4Th Floor Plot 228 Mittal Chambers Barrister Rajani Patel Marg Nariman Point, - India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Rachana Construction Limited?
The corporate identification number (CIN) of Rachana Construction Limited is U45209MH2021PLC360107 and the company number is 360107 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Rachana Construction Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rachana Construction Limited has risen by 72.86%.
How many employees does Rachana Construction Limited currently have?
As Per 2023 financial reports, 28 employees are currently employed by Rachana Construction Limited.
What change has been observed in the net worth of Rachana Construction Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rachana Construction Limited has experienced an upsurge of 36.80%.
What are the total open charges for Rachana Construction Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rachana Construction Limited amount to ₹ 112.82 Cr.
When was the last Balance Sheet of Rachana Construction Limited filed with the ROC?
The most recent Balance Sheet for Rachana Construction Limited was filed with the ROC on 31 Mar 2024.
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