Racherla Garments Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.72 Cr
as on 16-11-2024
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.09 Cr
as on 16-11-2024
- Satisfied Charges ₹ 3.80 Cr
as on 16-11-2024
- Revenue 17.83%
(FY 2023)
- Profit -12.48%
(FY 2023)
- Ebitda -55.16%
(FY 2023)
- Net Worth 2.94%
(FY 2023)
- Total Assets 4.52%
(FY 2023)
About Racherla Garments
The Company is engaged in the Fashion And Textile 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 1.75 Cr and a paid-up capital of Rs 1.72 Cr.
The company currently has active open charges totaling ₹3.09 Cr. The company has closed loans amounting to ₹3.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kiran Kumar, Navin Polepalle, and Pravin Pollapalli serve as directors at the Company.
- CIN/LLPIN
U17110TG1997PTC028007
- Company No.
028007
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- LocationR.R.Dist., Telangana
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Racherla Garments?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navin Polepalle  | Managing Director | 22-Sep-1997 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kiran Kumar | Director | 22-Sep-1997 | Current |
| Pravin Pollapalli | Director | 22-Sep-1997 | Current |
Financial Performance of Racherla Garments.
Racherla Garments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.83% increase. The company also saw a substantial fall in profitability, with a 12.48% decrease in profit. The company's net worth moved up by a moderate rise of 2.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Racherla Garments?
In 2023, Racherla Garments had a promoter holding of 53.35% and a public holding of 46.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 16 Feb 2024 | ₹1.80 M | Open |
Hdfc Bank Limited Creation Date: 16 Apr 2021 | ₹1.60 M | Open |
State Bank Of India Creation Date: 19 Sep 2020 | ₹1.25 Cr | Open |
How Many Employees Work at Racherla Garments?
Racherla Garments has a workforce of 2 employees as of Apr 02, 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 Racherla Garments, 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 Racherla Garments'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.
