Rachit Fashion Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.46 Cr
as on 24-10-2024
- Company Age 16 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.30 Cr
as on 24-10-2024
- Satisfied Charges ₹ 2.75 Cr
as on 24-10-2024
- Revenue 18.75%
(FY 2023)
- Profit -17.18%
(FY 2023)
- Ebitda 2.25%
(FY 2023)
- Net Worth 2.53%
(FY 2023)
- Total Assets -2.01%
(FY 2023)
About Rachit Fashion
The Company is engaged in the Manufacturing 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 1.50 Cr and a paid-up capital of Rs 1.46 Cr.
The company currently has active open charges totaling ₹18.30 Cr. The company has closed loans amounting to ₹2.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pramodkumar Poddar and Babita Poddar serve as directors at the Company.
- CIN/LLPIN
U17120GJ2008PTC055366
- Company No.
055366
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Nov 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Rachit Fashion Private Limited offer?
Rachit Fashion Private Limited offers a wide range of products and services, including Indian Sarees, Net Saree, Designer Sarees, Fancy Sarees, Georgette Sarees, Sarees, Lehenga and Salwar Suits, Synthetic Saree, Lehenga, Lehenga Sarees, Chiffon Sarees.
Who are the key members and board of directors at Rachit Fashion?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramodkumar Poddar  | Managing Director | 05-Nov-2008 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Babita Poddar | Director | 05-Nov-2008 | Current |
Financial Performance of Rachit Fashion.
Rachit Fashion Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.75% increase. The company also saw a substantial fall in profitability, with a 17.18% decrease in profit. The company's net worth moved up by a moderate rise of 2.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Rachit Fashion?
In 2023, Rachit Fashion had a promoter holding of 52.05% and a public holding of 47.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rachit Industries Private LimitedActive 31 years 2 monthsPramodkumar Poddar and Babita Poddar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Standard Chartered Bank Creation Date: 05 Oct 2020 | ₹2.80 Cr | Open |
Standard Chartered Bank Creation Date: 12 Nov 2012 | ₹15.50 Cr | Open |
Ing Vysya Bank Limited Creation Date: 15 Mar 2011 | ₹2.00 Cr | Satisfied |
How Many Employees Work at Rachit Fashion?
Unlock and access historical data on people associated with Rachit Fashion, 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 Rachit Fashion, 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 Rachit Fashion'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.
