Rachitech Engineering Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.31 M
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.07 Cr
- Satisfied Charges ₹ 17.03 Cr
- Revenue Growth -9.12%
- Profit Growth -28.41%
- Ebitda 2.90%
- Net Worth 15.41%
- Total Assets 17.73%
About Rachitech Engineering
Rachitech Engineering Private Limited (REPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 September 1989 and has a history of 35 years and four months. Its registered office is in Haryana, Haryana.
The Corporate was formerly known as Reliance Food And Proteins Private Limited. The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 7.31 M.
The company currently has active open charges totaling ₹25.07 Cr. The company has closed loans amounting to ₹17.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rachit Lavasa and Rajendra Lavasa serve as directors at the Company.
Company Details
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LocationHaryana, Haryana
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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
U29296HR1989PTC030664
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Company No.
030664
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Sep 1989
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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 Delhi
Industry
What products or services does Rachitech Engineering Private Limited offer?
Rachitech Engineering Private Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, EOT Cranes, Hydraulic & Pneumatic Machines, Hydraulic Machines, Jib Cranes, Material Handling Machines & Systems, Ingredient Feeder, Unloading Machinery, Food Processing Plants & Machinery, Sugarcane Juice Machine & Sugar Mill Machinery.
Who are the key members and board of directors at Rachitech Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rachit Lavasa
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Director | 23-Feb-2001 | Current |
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Rajendra Lavasa
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Director | 04-Sep-1989 | Current |
Financial Performance of Rachitech Engineering.
Rachitech Engineering Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.12% decrease. The company also saw a substantial fall in profitability, with a 28.41% decrease in profit. The company's net worth Soared by an impressive increase of 15.41%.
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What is the Ownership and Shareholding Structure of Rachitech Engineering?
In 2023, Rachitech Engineering had a promoter holding of 90.83% and a public holding of 9.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹25.07 Cr
₹17.03 Cr
Charges Breakdown by Lending Institutions
- Others : 12.55 Cr
- Hdfc Bank Limited : 12.50 Cr
- Anz Grinlays Bank : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2023 | Hdfc Bank Limited | ₹12.50 Cr | Open |
| 16 Jul 2020 | Others | ₹1.05 Cr | Open |
| 19 Jun 2017 | Others | ₹11.50 Cr | Open |
| 12 Sep 1996 | Anz Grinlays Bank | ₹0.21 M | Open |
| 14 Nov 2008 | Canara Bank | ₹0.40 M | Satisfied |
How Many Employees Work at Rachitech Engineering?
Rachitech Engineering has a workforce of 80 employees as of Mar 31, 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 Rachitech Engineering, 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 Rachitech Engineering'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.