Rachit Industries Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 1.03 Cr
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.75 Cr
- Satisfied Charges ₹ 2.07 Cr
- Revenue Growth -8.85%
- Profit Growth 11.46%
- Ebitda -5.64%
- Net Worth 2.36%
- Total Assets -1.15%
About Rachit Industries
Rachit Industries Private Limited (RIPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 September 1993 and has a history of 31 years and four months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Manav Tex Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.03 Cr.
The company currently has active open charges totaling ₹8.75 Cr. The company has closed loans amounting to ₹2.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
Babita Poddar and Pramodkumar Poddar serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17199GJ1993PTC020276
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Company No.
020276
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Sep 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Rachit Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Babita Poddar
|
Managing Director | 31-Dec-2004 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Pramodkumar Poddar
|
Director | 08-Dec-2001 | Current |
Financial Performance of Rachit Industries.
Rachit Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.85% decrease. The company also saw a substantial improvement in profitability, with a 11.46% increase in profit. The company's net worth moved up by a moderate rise of 2.36%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Rachit Industries?
In 2023, Rachit Industries had a promoter holding of 87.95% and a public holding of 12.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Rachit Fashion Private LimitedBabita Poddar and Pramodkumar Poddar are mutual person
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Prasan Organisor Private Limited
Pramodkumar Poddar is a mutual person
Charges (Loans)
₹8.75 Cr
₹2.07 Cr
Charges Breakdown by Lending Institutions
- Ing Vysya Bank Limited : 8.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2011 | Ing Vysya Bank Limited | ₹7.00 Cr | Open |
| 15 Mar 2011 | Ing Vysya Bank Limited | ₹1.75 Cr | Open |
| 09 Mar 2015 | Ing Vysya Bank Limited | ₹0.12 M | Satisfied |
| 07 Oct 2002 | Bank Of Baroda | ₹2.05 Cr | Satisfied |
How Many Employees Work at Rachit Industries?
Rachit Industries has a workforce of 4 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 Rachit Industries, 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 Industries'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.